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TAT Technologies

Nasdaq:TATT
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TATT
Nasdaq
$30M
Market Cap
  1. Home
  2. US
  3. Capital Goods
Company description

TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The last earnings update was 12 days ago. More info.


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TATT Share Price and Events
7 Day Returns
7%
NasdaqGM:TATT
23.5%
US Aerospace & Defense
12.5%
US Market
1 Year Returns
-47.8%
NasdaqGM:TATT
-10.8%
US Aerospace & Defense
-12.7%
US Market
TATT Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TAT Technologies (TATT) 7% -32.7% -33.3% -47.8% -66.8% -51.2%
US Aerospace & Defense 23.5% -17% -23.7% -10.8% 4.4% 26.7%
US Market 12.5% -14.7% -21.5% -12.7% 5.4% 17.5%
1 Year Return vs Industry and Market
  • TATT underperformed the Aerospace & Defense industry which returned -10.8% over the past year.
  • TATT underperformed the Market in United States of America which returned -12.7% over the past year.
Price Volatility
TATT
Industry
5yr Volatility vs Market

Value

 Is TAT Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TAT Technologies. This is due to cash flow or dividend data being unavailable. The share price is $3.37.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TAT Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TAT Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGM:TATT PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.09
NasdaqGM:TATT Share Price ** NasdaqGM (2020-03-30) in USD $3.37
United States of America Aerospace & Defense Industry PE Ratio Median Figure of 37 Publicly-Listed Aerospace & Defense Companies 15x
United States of America Market PE Ratio Median Figure of 2,942 Publicly-Listed Companies 12.96x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TAT Technologies.

NasdaqGM:TATT PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGM:TATT Share Price ÷ EPS (both in USD)

= 3.37 ÷ 0.09

37.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TAT Technologies is overvalued based on earnings compared to the US Aerospace & Defense industry average.
  • TAT Technologies is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does TAT Technologies's expected growth come at a high price?
Raw Data
NasdaqGM:TATT PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 37.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Aerospace & Defense Industry PEG Ratio Median Figure of 30 Publicly-Listed Aerospace & Defense Companies 1.64x
United States of America Market PEG Ratio Median Figure of 2,006 Publicly-Listed Companies 0.99x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TAT Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TAT Technologies's assets?
Raw Data
NasdaqGM:TATT PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $9.62
NasdaqGM:TATT Share Price * NasdaqGM (2020-03-30) in USD $3.37
United States of America Aerospace & Defense Industry PB Ratio Median Figure of 51 Publicly-Listed Aerospace & Defense Companies 1.79x
United States of America Market PB Ratio Median Figure of 5,143 Publicly-Listed Companies 1.26x
NasdaqGM:TATT PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGM:TATT Share Price ÷ Book Value per Share (both in USD)

= 3.37 ÷ 9.62

0.35x

* Primary Listing of TAT Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TAT Technologies is good value based on assets compared to the US Aerospace & Defense industry average.
X
Value checks
We assess TAT Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. TAT Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is TAT Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TAT Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.3%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TAT Technologies expected to grow at an attractive rate?
  • Unable to compare TAT Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TAT Technologies's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare TAT Technologies's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqGM:TATT Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 11.3%
United States of America Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGM:TATT Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGM:TATT Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NasdaqGM:TATT Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 102 3 1
2019-09-30 96 3 -1
2019-06-30 93 2 -2
2019-03-31 92 1 -4
2018-12-31 93 2 -4
2018-09-30 99 3 -3
2018-06-30 102 -1 -2
2018-03-31 104 0 0
2017-12-31 107 2 2
2017-09-30 105 7 4
2017-06-30 102 10 4
2017-03-31 99 9 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TAT Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if TAT Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGM:TATT Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TAT Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:TATT Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NasdaqGM:TATT Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.09
2019-09-30 -0.16
2019-06-30 -0.24
2019-03-31 -0.41
2018-12-31 -0.50
2018-09-30 -0.33
2018-06-30 -0.17
2018-03-31 0.05
2017-12-31 0.27
2017-09-30 0.48
2017-06-30 0.49
2017-03-31 0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TAT Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine TAT Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. TAT Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. TAT Technologies's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess TAT Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TAT Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has TAT Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TAT Technologies's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TAT Technologies's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • TAT Technologies has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • TAT Technologies has become profitable in the last year making it difficult to compare the US Aerospace & Defense industry average.
Earnings and Revenue History
TAT Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TAT Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGM:TATT Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 102.03 0.81 13.51 0.07
2019-09-30 96.18 -1.40 12.57 0.19
2019-06-30 93.29 -2.10 12.37 0.11
2019-03-31 92.12 -3.60 13.04 0.26
2018-12-31 93.18 -4.41 13.47 0.55
2018-09-30 98.67 -2.92 14.59 0.57
2018-06-30 102.07 -1.53 14.82 0.82
2018-03-31 103.80 0.45 14.51 0.82
2017-12-31 106.53 2.40 14.38 0.73
2017-09-30 105.22 4.27 13.97 0.81
2017-06-30 102.28 4.28 13.79 0.81
2017-03-31 99.24 1.22 13.89 1.11
2016-12-31 95.79 0.06 13.90 1.14
2016-09-30 92.51 1.45 13.52 1.27
2016-06-30 90.82 0.77 12.99 1.31
2016-03-31 88.76 3.95 12.14 1.02
2015-12-31 85.61 5.85 11.37 0.89
2015-09-30 85.29 4.00 11.82 0.76
2015-06-30 83.67 3.40 11.94 0.83
2015-03-31 82.80 2.98 12.09 0.95
2014-12-31 80.73 1.43 11.33 1.07
2014-09-30 80.54 1.60 12.56 0.99
2014-06-30 79.17 2.70 12.54 0.85
2014-03-31 78.39 3.54 12.61 0.74
2013-12-31 79.55 5.23 11.82 0.71
2013-09-30 87.57 3.65 14.68 1.00
2013-06-30 88.51 4.63 14.62 0.98

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • TAT Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • TAT Technologies used its assets less efficiently than the US Aerospace & Defense industry average last year based on Return on Assets.
  • TAT Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess TAT Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TAT Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is TAT Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TAT Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TAT Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TAT Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TAT Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • TAT Technologies has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TAT Technologies Company Filings, last reported 3 months ago.

NasdaqGM:TATT Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 85.37 0.00 15.96
2019-09-30 84.87 0.00 16.82
2019-06-30 84.71 0.00 14.29
2019-03-31 84.67 0.00 14.25
2018-12-31 84.29 0.00 15.95
2018-09-30 86.11 0.00 17.71
2018-06-30 86.47 0.00 15.66
2018-03-31 87.74 0.00 16.85
2017-12-31 88.57 0.00 17.98
2017-09-30 88.82 0.00 18.78
2017-06-30 88.13 0.00 20.56
2017-03-31 90.35 0.00 24.78
2016-12-31 88.65 0.00 22.40
2016-09-30 87.22 0.00 19.18
2016-06-30 86.24 0.00 21.84
2016-03-31 91.93 0.00 25.97
2015-12-31 91.42 0.00 26.81
2015-09-30 88.41 0.00 28.93
2015-06-30 88.17 0.00 29.67
2015-03-31 87.44 0.00 30.45
2014-12-31 85.54 0.00 27.98
2014-09-30 84.31 0.00 30.53
2014-06-30 84.73 0.00 32.39
2014-03-31 84.42 0.88 35.22
2013-12-31 87.53 0.91 29.87
2013-09-30 88.86 1.31 31.84
2013-06-30 87.81 1.97 31.96
  • TAT Technologies has no debt.
  • TAT Technologies currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • TAT Technologies has no debt, it does not need to be covered by operating cash flow.
  • TAT Technologies has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess TAT Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TAT Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is TAT Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TAT Technologies dividends.
If you bought $2,000 of TAT Technologies shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TAT Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TAT Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGM:TATT Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 2.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1946 Stocks 3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 2%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGM:TATT Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
NasdaqGM:TATT Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-29 0.000 0.000
2019-08-29 0.000 0.000
2019-05-24 0.000 0.000
2019-03-28 0.000 0.000
2018-04-26 0.340 4.783
2018-03-27 0.340 3.819
2017-11-15 0.340 3.300
2017-08-14 0.340 3.126
2017-05-17 0.340 3.109
2017-04-06 0.340 3.343
2017-03-07 0.340 3.652
2016-11-18 0.340 4.091
2016-06-29 0.340 4.514
2016-05-20 0.000 0.000
2016-04-21 0.000 0.000
2015-03-23 0.230 3.332
2014-03-20 0.230 3.212
2013-04-29 0.283 3.802
2013-04-22 0.283 4.417
2012-11-23 0.283 4.547
2012-08-23 0.283 6.748
2012-04-23 0.283 6.523
2011-11-29 0.000 0.000
2011-08-16 0.000 0.000
2011-05-19 0.000 0.000
2010-06-29 0.380 6.351
2010-03-15 0.380 5.077
2009-11-12 0.300 3.391
2009-06-25 0.550 7.450
2009-05-07 0.550 8.031

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TAT Technologies has not reported any payouts.
  • Unable to verify if TAT Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TAT Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TAT Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess TAT Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TAT Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TAT Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of TAT Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Igal Zamir
COMPENSATION $499,000
AGE 53
TENURE AS CEO 3.8 years
CEO Bio

Mr. Igal Zamir has been the Chief Executive Officer and President of TAT Technologies, Ltd. since April 30, 2016. Mr. Zamir served as Executive Vice President of Delek US Holdings Inc. since November 2011. He served as the President of MAPCO Express, Inc. since June 10, 2009. Mr. Zamir served as the Chief Operating Officer and Vice President of Delek Marketing & Supply Inc. He is defining and leading the strategic vision of Metrolight to take it to the next level. He joined Metrolight in June 2006. He served as the Chief Executive Officer of Metrolight Ltd. from 2006 to 2009. From 2004 to 2006, he worked as an Independent Venture Partner in Israel. Before Metrolight, he served as Chief Executive Officer of Rostam Ltd. from 1998 to 2004. He served as the Chief Operating Officer of Barkan Engineering Ltd. from 1992 to 1997. Mr. Zamir holds a BSc in Industrial Engineering with honors from the Tel-Aviv University and an MBA from the Bar-Ilan University.

CEO Compensation
  • Igal's compensation has increased in line with TAT Technologies recently becoming profitable.
  • Igal's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the TAT Technologies management team in years:

1.8
Average Tenure
53.5
Average Age
  • The average tenure for the TAT Technologies management team is less than 2 years, this suggests a new team.
Management Team

Igal Zamir

TITLE
CEO & President
COMPENSATION
$499K
AGE
53
TENURE
3.8 yrs

Ehud Ben-Yair

TITLE
Chief Financial Officer
COMPENSATION
$321K
AGE
55
TENURE
1.8 yrs

Yair Raz

TITLE
President of Limco Airepair Inc.
COMPENSATION
$229K
AGE
63
TENURE
7.3 yrs

Michael Chen

TITLE
President of Turbochrome Ltd.
COMPENSATION
$259K
AGE
54
TENURE
2.2 yrs

Ohad Milo

TITLE
President of Gedera
COMPENSATION
$279K
AGE
44
TENURE
1.4 yrs

Liron Reshef

TITLE
Executive Vice President of Human Resources
AGE
48
TENURE
1.4 yrs

Eitan Shabtay

TITLE
EVP Engineering and Technologies
TENURE
0.4 yrs
Board of Directors Tenure

Average tenure and age of the TAT Technologies board of directors in years:

6.3
Average Tenure
57.5
Average Age
  • The tenure for the TAT Technologies board of directors is about average.
Board of Directors

Amos Malka

TITLE
Chairman
AGE
66
TENURE
3.7 yrs

Avi Shani

TITLE
External Director
AGE
71
TENURE
11.6 yrs

Ron Ben-Haim

TITLE
Director
AGE
50
TENURE
6.6 yrs

Dafna Gruber

TITLE
Independent Director
AGE
54
TENURE
6.3 yrs

Aviram Halevi

TITLE
External Director
AGE
61
TENURE
6.3 yrs

Ami Boehm

TITLE
Director
AGE
48
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess TAT Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TAT Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is TAT Technologies Ltd.'s (NASDAQ:TATT) CEO Pay Fair?

First, this article will compare CEO compensation with compensation at similar sized companies. … See our latest analysis for TAT Technologies How Does Igal Zamir's Compensation Compare With Similar Sized Companies? … We examined a group of similar sized companies, with market capitalizations of below US$200m.

Simply Wall St -

Did You Manage To Avoid TAT Technologies's (NASDAQ:TATT) 27% Share Price Drop?

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Investors should note that there's a difference between TAT Technologies's total shareholder return (TSR) and its share price change, which we've covered above. … Its history of dividend payouts mean that TAT Technologies's TSR, which was a 27% drop over the last year, was not as bad as the share price return.

Simply Wall St -

How Should Investors React To TAT Technologies Ltd.'s (NASDAQ:TATT) CEO Pay?

In 2016 Igal Zamir was appointed CEO of TAT Technologies Ltd. … This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Igal Zamir's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Read This Before Buying TAT Technologies Ltd. (NASDAQ:TATT) For Its Dividend

A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … Let's take a look at TAT Technologies in more detail. … View our latest analysis for TAT Technologies

Simply Wall St -

Is TAT Technologies Ltd.'s (NASDAQ:TATT) Balance Sheet Strong Enough To Weather A Storm?

(NASDAQ:TATT), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is financial flexibility worth the lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Do Directors Own TAT Technologies Ltd (NASDAQ:TATT) Shares?

The big shareholder groups in TAT Technologies Ltd (NASDAQ:TATT) have power over the company. … TAT Technologies is not a large company by global standards. … Our analysis of the ownership of the company, below, shows that.

Simply Wall St -

Is TAT Technologies Ltd's (NASDAQ:TATT) CEO Pay Justified?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Igal Zamir's Compensation Compare With Similar Sized Companies. … It would therefore appear that TAT Technologies Ltd pays Igal Zamir more than the median CEO remuneration at companies of a similar size, in the same market

Simply Wall St -

Is TAT Technologies Ltd (NASDAQ:TATT) An Attractive Dividend Stock?

In the past 10 years TAT Technologies Ltd (NASDAQ:TATT) has returned an average of 4.00% per year to investors in the form of dividend payouts. … Does TAT Technologies tick all the boxes of a great dividend stock? … 5 questions to ask before buying a dividend stock

Simply Wall St -

TAT Technologies Ltd (NASDAQ:TATT): Can It Deliver A Superior ROE To The Industry?

and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … TAT Technologies Ltd (NASDAQ:TATT) delivered a less impressive 0.51% ROE over the past year, compared to the 13.69% return generated by its industry. … An investor may attribute an inferior ROE to a relatively inefficient performance, and whilst this can often be the case, knowing the nuts and bolts of the ROE calculation may change that perspective and give you a deeper insight into TATT's past performance.

Simply Wall St -

TAT Technologies Ltd (NASDAQ:TATT): Does The -62.97% Earnings Drop Reflect A Longer Term Trend?

After reading TAT Technologies Ltd's (NASDAQ:TATT) latest earnings update (31 March 2018), I found it beneficial to look back at how the company has performed in the past and compare this against the most recent numbers. … I also like to compare against an industry benchmark to understand whether TATT has outperformed, or whether it is simply riding an industry wave. … TATT's trailing twelve-month earnings (from 31 March 2018) of US$451.00k has

Simply Wall St -

Company Info

Description

TAT Technologies Ltd., together with its subsidiaries, provides solutions and services to the commercial and military aerospace, and ground defense industries in the United States, Israel, and internationally. The company operates through four segments: Original Equipment Manufacturing (OEM) of Heat Transfer Solutions and Aviation Accessories; Maintenance, Repair, and Overhaul (MRO) Services for Heat Transfer Components and OEM of Heat Transfer Solutions; MRO Services for Aviation Components; and Overhaul and Coating of Jet Engine Components. It designs, develops, and manufactures a range of heat transfer solutions, such as pre-cooler and oil/fuel hydraulic heat exchangers used in mechanical and electronic systems in commercial, military, and business aircraft; environmental control and power electronics cooling systems for use in aircraft and ground applications; and a range of other mechanical aircraft accessories and systems, such as pumps, valves, and turbine power units. The company also provides MRO services for heat transfer components, as well as for manufacturing heat transfer solutions; and aviation components, such as power plants, landing gears, and other aircraft components. In addition, it engages in the operation of a repair station, which provides heat transfer MRO services for airlines, air cargo carriers, maintenance service centers, and the military; and the overhaul and coating of jet engine components, including turbine vanes and blades, fan blades, variable inlet guide vanes, and afterburner flaps. The company was formerly known as Galagraph Ltd. and changed its name to TAT Technologies Ltd. in May 1992. TAT Technologies Ltd. was founded in 1985 and is headquartered in Gedera, Israel.

Details
Name: TAT Technologies Ltd.
TATT
Exchange: NasdaqGM
Founded: 1985
$29,907,725
8,874,696
Website: http://tat-technologies.com
Address: TAT Technologies Ltd.
Re’em Industrial Park,
Neta Boulevard,
Gedera,
70750002,
Israel
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGM TATT Ordinary Shares Nasdaq Global Market US USD 31. Mar 1987
TASE TATT Ordinary Shares The Tel-Aviv Stock Exchange IL ILS 31. Mar 1987
Number of employees
Current staff
Staff numbers
599
TAT Technologies employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/31 01:22
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2018/03/27
Last earnings filing: 2020/03/19
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.