Company Analysis

Tim S.A. (TIMB)

NYSE: TIMB · Telephone Communications (No Radiotelephone) · Rio De Janeiro, Rj, BR · filing with the SEC since 2020
Grade6.4
◀ Past 7.3● Present 6.0▶ Future 6.2
1 est.

The grade of Tim S.A.

Nine metrics read from its own filings, by tense
Headline grade
6.4/10
◀ Past7.325% of the headline
● Present6.035% of the headline
▶ Future6.240% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.3/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
7.6/10

Has it survived what it has been through?

No warning events in its filings since 2020.

weight 22% of this tense · 76th percentile among 21 sector filers · read for itself

From the record

Tim S.A.'s filings since 2020 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.0/10

What has it actually done, year after year?

+6.6% a year over 8 filed years; profitable in 8 of 8.

weight 45% of this tense · 70th percentile among 19 sector filers · read for its customers

From the record

Tim S.A.'s 8 filed years say what it did: revenue went from BRL 17 billion in fiscal 2018 to BRL 27 billion in fiscal 2025, up 6.6% a year; it rose in 6 of 7 years; the deepest fall was 1% from fiscal 2019 to fiscal 2020; net income was positive in 8 of 8 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.6%top 39% of its family
  • the share of years revenue rosetop 39% of its family
  • the share of filed years with a profittop 18% of its family
  • the deepest fall from a revenue peak0.6%top 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.4/10

How has it treated the people who own it?

Share count shrank 0.1% a year. 27% of cash flow returned. Insiders: 5 sales, 0 purchases.

weight 33% of this tense · 74th percentile among 18 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Tim S.A.'s diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 27% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 32% of its family
  • cash returned against operating cash flowtop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.0/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
6.3/10

Is it financially healthy right now?

ROE 18%: 18¢ of profit per shareholder dollar. Leverage 58%: owes 58¢ per asset dollar.

weight 45% of this tense · 63rd percentile among 20 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Tim S.A. earned about 18 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 25 cents per dollar of everything the company owns. Leverage: it owed about 58 cents per dollar of assets, and net share issuance: its share count shrank 0.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 47% of its family
  • return on equitytop 36% of its family
  • gross profit against assetstop 39% of its family
  • the share count against the year beforetop 24% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.6/10

How strong is its position in its industry?

top 34% of 19 in its family; net margin 16.2%.

weight 33% of this tense · 66th percentile among 19 sector filers · read for its customers

From the record

Tim S.A.'s standing among 19 graded names in its industry family: revenue of BRL 27 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 16.2% ranks in the top 24%; revenue growth of 7.3% a year over the last 3 filed years ranks in the top 45% (its annual reports).

What it rests on

  • net margin16.2%top 24% of its family
  • three-year revenue growth7.3%top 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.5/10

What are the people in charge doing?

SI estimate 4.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 13 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Tim S.A.'s leadership is put at 4.5 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

6.2/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.9/10

How much room does it have to grow?

top 21% of 19 in its family for room to expand.

weight 22% of this tense · 79th percentile among 19 sector filers · read for itself

From the record

Tim S.A.'s room to grow, from the newest filed statements (fiscal 2025): cash of BRL 3.6 billion against debt of BRL 2.8 billion leaves 1.5% of its assets as net cash, top 27% of its family; cash from operations less capital spending is 33.4% of revenue (top 8%); a gross margin of 53.9% (top 28%) (its annual report).

What it rests on

  • cash less debt against assets1.5%top 27% of its family
  • cash from operations less capital spending against revenue33.4%top 8% of its family
  • gross margin53.9%top 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.3/10

What could actually drive growth from here?

top 38% of 19 in its family for growth drivers.

weight 45% of this tense · 62nd percentile among 19 sector filers · read for its customers

From the record

Tim S.A.'s growth drivers, from the filed years to fiscal 2025: revenue grew 7.3% a year over the last three filed years against 6.6% over all 8, speeding up (top 24% of its family); the newest year grew 4.6% (top 45%); capital spending grew -1.3% a year (top 44%) (its annual reports). Tim S.A. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+0.7 points a yeartop 24% of its family
  • the newest year's revenue growth4.6%top 45% of its family
  • three-year growth of capital spending-1.3%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.0/10

Did its newest year beat what its own record pointed to?

top 50% of 17 in its family for expectations against reality.

weight 33% of this tense · 50th percentile among 17 sector filers · read for its shareholders

From the record

Tim S.A.'s newest year against its own record: revenue of BRL 27 billion in fiscal 2025 came in 3.8% below the BRL 28 billion its prior three years' pace pointed to (bottom 32% of its family); net income of BRL 4.3 billion against a prior three-year average of BRL 2.6 billion (top 38%); a net margin of 16.2% against 10.7% before (top 44%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-3.8%bottom 32% of its family
  • net income against the prior three years' average+69%top 38% of its family
  • net margin against its prior average+5.5 pointstop 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton TIMB · research, not advice