TIMB

TIM S.A.

60
Fundamentals73/ 100
Valuation50/ 100
Upside potential56/ 100
Risk potential20/ 100

TIMB's fundamentals are strong: it turned 33% of its revenue into free cash flow and earnings per share grew 21%. Its PE isn't a useful guide right now because of how its recent earnings were reported.

TIMB Fundamentals

MetricStatus
Stable
Strong
Strong
Healthy

TIMB's profitability, cash flow and balance sheet are currently healthy, and its revenue is stable.

TIMB PE Valuation

CHEAPFAIREXPENSIVE5.8x12x17x23x
CHEAPFAIREXPENSIVE5.8x12x17x23x
LevelPEPriceVs current
Cheap11x$18.14-4.5%
Current12x$19.00—
Fair14x$22.89+20%
Expensive18x$29.74+57%

Historical ranges are pointers, not guarantees.

TIMB's PE is 12x, but its earnings don't support one, so it isn't a reliable read right now.

TIMB Forward outlook

MetricOutlook
--
Strong growth
Stable
Strongly improving
Limited
Low

Analysts expect TIMB's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.

TIMB Risk to reward

ScenarioChangePrice
Upside+25%$23.76
Downside-20%$15.22

Calculated from the latest close: $19.00 on Nov 12.

TIMB's one-year upside scenario is somewhat larger than its downside: +25% against −20%.

TIMB Earnings Per Share

Q3 2023: $0.85Q4 2023: $1.04Q1 2024: $1.08Q2 2024: $1.17Q3 2024: $1.20Q4 2024: $1.22Q1 2025: $1.31Q2 2025: $1.34Q3 2025: $1.49Q4 2025: $1.58Q1 2026: $1.60Q2 2026: $1.62
Q3 2023: $0.85Q4 2023: $1.04Q1 2024: $1.08Q2 2024: $1.17Q3 2024: $1.20Q4 2024: $1.22Q1 2025: $1.31Q2 2025: $1.34Q3 2025: $1.49Q4 2025: $1.58Q1 2026: $1.60Q2 2026: $1.62
QuarterTTM EPSYoY
Q2 2026$1.62+21%
Q1 2026$1.60+22%
Q4 2025$1.58+30%
Q3 2025$1.49+24%
Q2 2025$1.34+15%
Q1 2025$1.31+21%
Q4 2024$1.22+17%
Q3 2024$1.20+41%

TIMB's earnings per share have climbed steadily: $1.62 over the past year, up 21% from the year before, and higher year over year for 12 quarters in a row.

TIMB Quarterly Revenue

Q3 2023: $1.1BQ4 2023: $1.1BQ1 2024: $1.1BQ2 2024: $1.1BQ3 2024: $1.1BQ4 2024: $1.2BQ1 2025: $1.1BQ2 2025: $1.2BQ3 2025: $1.2BQ4 2025: $1.2BQ1 2026: $1.2BQ2 2026: $1.2B
Q3 2023: $1.1BQ4 2023: $1.1BQ1 2024: $1.1BQ2 2024: $1.1BQ3 2024: $1.1BQ4 2024: $1.2BQ1 2025: $1.1BQ2 2025: $1.2BQ3 2025: $1.2BQ4 2025: $1.2BQ1 2026: $1.2BQ2 2026: $1.2B
QuarterRevenueYoY
Q2 2026$1.2B+5.5%
Q1 2026$1.2B+6.5%
Q4 2025$1.2B+4.4%
Q3 2025$1.2B+4.5%
Q2 2025$1.2B+4.7%
Q1 2025$1.1B+4.9%
Q4 2024$1.2B+5.7%
Q3 2024$1.1B+6%

TIMB's revenue has grown year over year every quarter since late 2020: $1.2B last quarter, up 5.5% from the same quarter a year ago.

TIMB Free Cash Flow

Q3 2023: $445MQ4 2023: $637MQ1 2024: $52MQ2 2024: $315MQ3 2024: $462MQ4 2024: $563MQ1 2025: $207MQ2 2025: $374MQ3 2025: $489MQ4 2025: $524MQ1 2026: $235MQ2 2026: $390M
Q3 2023: $445MQ4 2023: $637MQ1 2024: $52MQ2 2024: $315MQ3 2024: $462MQ4 2024: $563MQ1 2025: $207MQ2 2025: $374MQ3 2025: $489MQ4 2025: $524MQ1 2026: $235MQ2 2026: $390M
QuarterFree cash flowYoY
Q2 2026$390.4M+4.4%
Q1 2026$234.9M+13%
Q4 2025$523.5M-7.1%
Q3 2025$488.6M+5.7%
Q2 2025$374M+19%
Q1 2025$207.1M+297%
Q4 2024$563.4M-12%
Q3 2024$462.2M+3.8%

TIMB generated $1.6B in free cash flow over the past year, up 1.9% from the year before.

TIMB Total Shares

Q3 2023: 484MQ4 2023: 484MQ1 2024: 484MQ2 2024: 484MQ3 2024: 484MQ4 2024: 484MQ1 2025: 484MQ2 2025: 484MQ3 2025: 483MQ4 2025: 480MQ1 2026: 478MQ2 2026: 478M
Q3 2023: 484MQ4 2023: 484MQ1 2024: 484MQ2 2024: 484MQ3 2024: 484MQ4 2024: 484MQ1 2025: 484MQ2 2025: 484MQ3 2025: 483MQ4 2025: 480MQ1 2026: 478MQ2 2026: 478M
PeriodChange %Net change
Quarterly0%-123K shares
1 year-1.3%-6.3M shares
3 years-1.3%-6.4M shares
5 years-1.3%-6.2M shares
Available history-2.2%-10.7M shares

TIMB has 478M diluted shares, down 1.3% from a year ago, with $125M in buybacks over the past year.

TIMB Net Leverage

Q3 2023: 0.3xQ4 2023: 1.0xQ1 2024: 1.1xQ2 2024: 1.0xQ3 2024: 1.0xQ4 2024: 0.9xQ1 2025: 1.0xQ2 2025: 1.0xQ3 2025: 0.9xQ4 2025: 2.0xQ1 2026: 0.9xQ2 2026: 0.9x
Q3 2023: 0.3xQ4 2023: 1.0xQ1 2024: 1.1xQ2 2024: 1.0xQ3 2024: 1.0xQ4 2024: 0.9xQ1 2025: 1.0xQ2 2025: 1.0xQ3 2025: 0.9xQ4 2025: 2.0xQ1 2026: 0.9xQ2 2026: 0.9x
QuarterNet LeverageStatus
Q2 20260.9xVery low
Q1 20260.9xVery low
Q4 20252.0xHealthy
Q3 20250.9xVery low
Q2 20251.0xVery low
Q1 20251.0xVery low
Q4 20240.9xVery low
Q3 20241.0xHealthy

TIMB's net debt is less than a year of its operating earnings (EBITDA).

TIMB Weekly Momentum

MetricValueStatus
RSI46.1Neutral
Stochastic52.1Neutral

TIMB's weekly RSI is 46 (neutral) and its Stochastic is 52 (neutral).

TIMB PE vs Communication Services Sector

MetricTIMBSector medianRelative
PE12x16x29% below
PE %22264 pts below

TIMB is trading at 12x earnings, a 29% discount to the Communication Services sector's median of 16x, though its earnings don't support one.

TIMB Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$18.33.7% above
20 week MA$19.00.2% below
50 week MA$21.813% below
100 week MA$19.84% below
200 week MA$17.68.1% above

TIMB's trend is mixed: it's above two of its five weekly moving averages, and 8.1% above its 200-week average.

TIMB Yearly ROI

YearStart priceEnd priceROI
2020$19.1$13.8-28%
2021$13.8$11.3-18%
2022$11.3$11.9+5.7%
2023$11.9$18.5+55%
2024$18.5$11.9-36%
2025$11.9$20.3+71%
2026 YTD$20.3$19.0-6.3%

TIMB has finished lower in three of the last six years. It's down 6.3% so far in 2026.

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