Critical Comparison: TIC Solutions (TIC) & The Competition

TIC Solutions (NYSE:TIC) is one of 204 public companies in the “Professional Services” industry, but how does it compare to its competitors? We will compare TIC Solutions to related businesses based on the strength of its valuation, dividends, institutional ownership, analyst recommendations, risk, profitability and earnings.

Valuation & Earnings

This table compares TIC Solutions and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TIC Solutions	$1.53 billion	-$87.12 million	-17.12
TIC Solutions Competitors	$3.36 billion	$228.41 million	27.92

TIC Solutions’ competitors have higher revenue and earnings than TIC Solutions. TIC Solutions is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

TIC Solutions has a beta of 2.83, suggesting that its stock price is 183% more volatile than the S&P 500. Comparatively, TIC Solutions’ competitors have a beta of 0.95, suggesting that their average stock price is 5% less volatile than the S&P 500.

Insider and Institutional Ownership

57.3% of shares of all “Professional Services” companies are owned by institutional investors. 11.4% of TIC Solutions shares are owned by company insiders. Comparatively, 17.1% of shares of all “Professional Services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Profitability

This table compares TIC Solutions and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TIC Solutions	-5.64%	-2.30%	-1.11%
TIC Solutions Competitors	-0.52%	19.38%	4.25%

Analyst Recommendations

This is a summary of recent ratings and price targets for TIC Solutions and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TIC Solutions	1	3	3	0	2.29
TIC Solutions Competitors	1489	6297	9062	484	2.49

TIC Solutions currently has a consensus price target of $12.00, indicating a potential upside of 20.85%. As a group, “Professional Services” companies have a potential upside of 33.50%. Given TIC Solutions’ competitors stronger consensus rating and higher possible upside, analysts plainly believe TIC Solutions has less favorable growth aspects than its competitors.

Summary

TIC Solutions competitors beat TIC Solutions on 12 of the 13 factors compared.

TIC Solutions Company Profile

Acuren Corporation provides critical asset integrity services in North America. Its activities include various nondestructive testing (NDT) solutions, such as radiography, ultrasonic testing, magnetic particle inspection, penetrant testing, and visual inspection. Its NDT activities include inspection and evaluation of industrial equipment through various technology-enabled methods to ensure asset integrity, avoid accidents, and comply with regulatory requirements without destroying the asset or component. The company also provides market rope access technician solutions, including inspection and testing, as well as insulation, coatings and blasting, welding, pipe fitting, hoisting and rigging, and electrical services. In addition, its TIC service includes support from consulting engineers with in-lab destructive testing capabilities. The company provides support failure investigation, material selection, corrosion engineering, welding engineering, fracture mechanics, destructive testing, and chemical analysis. It serves a range of industrial markets, primarily chemical, pipeline, refinery, power generation, oilsands, automotive, aerospace, mining, manufacturing, renewable energy, and pulp and paper. The company was founded in 1991 and is headquartered in Tomball, Texas.