It's Time For a Deep Dive Into Tattooed Chef (TTCF)

Now trading at a price of $1.36, Tattooed Chef has moved -9.3% so far today on a volume of 1,161,812, compared to its average of 1,388,755. In contrast, the S&P 500 index moved -1.6%. Read below for a basic value analysis of Tattooed Chef.

Tattooed Chef shares moved -89.1% over the last 52 weeks, with a high of $14.29 and a low of $1.05. During this time, the stock lagged the S&P 500 index by -77.2%. As of January 2022, the company's 50-day average price is $1.9224. Tattooed Chef, Inc., a plant-based food company, produces and sells a portfolio of frozen foods. The small-cap Consumer Defensive company has 800 full time employees and is based in Paramount, CA. Tattooed Chef has not offered any dividends in the last year.

The Company Has Irregular and Negative Cash Flows with a Downwards Trend:

2019-12-31 2020-12-31 2021-12-31
Revenue (k) $84,918 $148,492 $213,430
Revenue Growth n/a 74.87% 43.73%
Gross Margins 16.2% 15.9% 10.4%
Gross Margins Growth n/a -1.85% -34.59%
Operating Margins 7.8% -6.0% -17.3%
Operating Margins Growth n/a -176.92% -188.33%
Earnings Per Share $0.08 $1.69 -$1.08
EPS Growth n/a 2012.5% -163.91%
Free Cash Flow (k) -$4,486 -$20,402 -$68,151
FCF Growth n/a -354.79% -234.04%
Capital Expenditures (k) -$3,410 -$7,035 -$16,852
LT Debt to Equity 0.32 0.01 0.0

Tattooed Chef has negative earnings for the current period, so its trailing twelve month P/E ratio is not meaningful. Its forward P/E isn't meaningful either because its guidance EPS is -0.87.

On the other hand, Tattooed Chef is possibly undervalued in terms of its assets because its P/B ratio is 0.8 compared to its sector average of 4.09.

Despite Tattooed Chef's elevated earnings multiple, the company's impressive cash flow trend and reasonable leverage indicate demonstrate the company may be fairly valued.

Tattooed Chef Is the Subject of Mixed Market Indicators:

4 analysts are following Tattooed Chef and have set target prices ranging from $1.5 to $3 per share. On average, they have given the company a rating of hold. At the current price of $1.36, TTCF is trading -32.0% away from its average analyst target price of $2 per share, implying an analyst consensus of strong upside potential for the stock.

The company has an unusually large proportion of its shares sold short since 32.7% of the company's shares are tied to short positions. Institutions own 16.2% of Tattooed Chef's shares, while the insider ownership rate stands at 45.13%. The biggest shareholder is Blackrock Inc. with a 4% stake in the company worth approximately $4,385,354.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.