1.02%
30.78%
37.89%
4.23%
-39.84%
-8.92%
210.49%
AI Spotlight on TWI
Company Description
Titan International, Inc., together with its subsidiaries, manufactures and sells wheels, tires, and undercarriage systems and components for off-highway vehicles in North America, Europe, Latin America, the Commonwealth of Independent States region, the Middle East, Africa, Russia, and internationally.The company operates in Agricultural, Earthmoving/Construction, and Consumer segments.It offers rims, wheels, tires, and undercarriage systems and components for various agricultural equipment, including tractors, combines, skidders, plows, planters, and irrigation equipment.
The company also offers rims, wheels, tires, and undercarriage systems and components for off-the-road earthmoving, mining, military, construction, and forestry equipment, including skid steers, aerial lifts, cranes, graders and levelers, scrapers, self-propelled shovel loaders, articulated dump trucks, load transporters, haul trucks, backhoe loaders, crawler tractors, lattice cranes, shovels, and hydraulic excavators.In addition, it provides bias and light truck tires; and products for ATVs, turf, and golf cart applications, as well as specialty and train brakes.It sells its products directly to original equipment manufacturers, as well as to the aftermarket through independent distributors, equipment dealers, and own distribution centers.
Titan International, Inc.was founded in 1890 and is headquartered in Quincy, Illinois.
Market Data
| Last Price | 8.88 |
| Change Percentage | 1.02% |
| Open | 8.79 |
| Previous Close | 8.79 |
| Market Cap ( Millions) | 561 |
| Volume | 195051 |
| Year High | 15.12 |
| Year Low | 6.34 |
| M A 50 | 7.32 |
| M A 200 | 7.95 |
Financial Ratios
| FCF Yield | 17.90% |
| Dividend Yield | 0.00% |
| ROE | -1.64% |
| Debt / Equity | 107.19% |
| Net Debt / EBIDTA | 394.20% |
| Price To Book | 1.07 |
| Price Earnings Ratio | -67.57 |
| Price To FCF | 5.59 |
| Price To sales | 0.3 |
| EV / EBITDA | 9.29 |
News
- Jan -21 - TITAN INTERNATIONAL, INC. RATIFIES FOUR YEAR UNION CONTRACT WITH UNITED STEELWORKERS
- Nov -07 - TITAN INTERNATIONAL, INC. TO PARTICIPATE IN UPCOMING INVESTOR CONFERENCES
- Oct -31 - Titan International, Inc. (TWI) Q3 2024 Earnings Call Transcript
- Oct -30 - Titan International, Inc. Reports Third Quarter Financial Performance
- Oct -21 - Titan International, Inc. Repurchases 8.0 Million Shares from MHR Fund Management
- Oct -15 - Titan to launch VPO™ Technology at Equip Expo 2024
- Oct -09 - Titan International, Inc. to Announce Third Quarter 2024 Financial Results on October 30
- Aug -23 - The Bottom Fishing Club: Titan International Near Recession-Low Valuation, What Gives?
- Aug -02 - Titan International, Inc. (TWI) Q2 2024 Earnings Call Transcript
- Jul -31 - Titan International, Inc. Reports Second Quarter Financial Performance
- Jul -10 - Titan International, Inc. to Announce Second Quarter 2024 Financial Results on July 31
- Jun -23 - Titan International: A Chance To Buy This $7 Stock At What Could Be Cyclical Lows
- Jun -04 - TITAN INTERNATIONAL, INC. TO PARTICIPATE IN WELLS FARGO INDUSTRIALS CONFERENCE
- May -29 - Titan International, Inc. Reports Intention to Discuss Amendment of Stockholder Agreement to Permit American Industrial Partners to Increase Its Ownership in Company
- May -20 - Titan International, Inc. (NYSE:TWI) Shares Purchased by Panagora Asset Management Inc.
- May -02 - Titan International, Inc. (TWI) Q1 2024 Earnings Call Transcript
- May -01 - Titan International, Inc. Reports First Quarter Financial Performance
- Apr -10 - Titan International, Inc. to Announce First Quarter 2024 Financial Results on May 1
- Feb -29 - Titan International, Inc. Acquires Carlstar Group LLC
- Feb -29 - TITAN INTERNATIONAL, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2023 FINANCIAL PERFORMANCE
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Agricultural
Expected Growth : 10 %
What the company do ?
Agricultural from Titan International, Inc. refers to the company's products and services catering to the agricultural industry, including tires and wheels for farming equipment.
Why we expect these perspectives ?
Titan International's Agricultural segment growth is driven by increasing global demand for food, government initiatives supporting sustainable farming practices, and rising adoption of precision agriculture technology. Additionally, the company's focus on innovative products, such as low-compaction tires, and strategic partnerships with major OEMs contribute to its 10% growth.
Segment n°2 -> Earthmoving/Construction
Expected Growth : 11 %
What the company do ?
Titan International, Inc.'s Earthmoving/Construction segment provides wheels, tires, and assemblies for construction and mining equipment, as well as aftermarket parts and services.
Why we expect these perspectives ?
Titan International's 11% growth in Earthmoving/Construction is driven by increasing infrastructure spending, rising demand for heavy equipment, and growing adoption of advanced tire technologies. Additionally, the company's focus on product innovation, expansion into emerging markets, and strategic partnerships are contributing to its growth momentum.
Segment n°3 -> Consumer
Expected Growth : 13 %
What the company do ?
The Consumer segment from Titan International, Inc. refers to the sale of wheels, tires, and assemblies for recreational and utility trailers, as well as other non-automotive applications.
Why we expect these perspectives ?
Titan International, Inc.'s 13% growth in the Consumer segment is driven by increasing demand for outdoor recreational activities, rising popularity of off-highway vehicles, and growing adoption of Titan's innovative wheel and tire products in the agriculture and construction industries.
Titan International, Inc. Products
| Product Range | What is it ? |
|---|---|
| Agricultural Tires | Titan International, Inc. offers a wide range of agricultural tires designed for tractors, combines, and other farm equipment, providing superior traction, durability, and fuel efficiency. |
| Construction and Mining Tires | Titan International, Inc. provides high-quality construction and mining tires designed for heavy-duty equipment, offering excellent durability, traction, and load-carrying capacity. |
| Forestry Tires | Titan International, Inc. offers specialized forestry tires designed for logging and forestry equipment, providing superior traction, flotation, and durability in challenging terrain. |
| Industrial Tires | Titan International, Inc. provides a range of industrial tires designed for forklifts, skid-steer loaders, and other material handling equipment, offering excellent durability, traction, and load-carrying capacity. |
| OEM and Aftermarket Wheels | Titan International, Inc. offers a range of OEM and aftermarket wheels designed for agricultural, construction, and industrial equipment, providing superior strength, durability, and corrosion resistance. |
Titan International, Inc.'s Porter Forces
Threat Of Substitutes
Titan International, Inc. faces moderate threat from substitutes due to the availability of alternative products in the market.
Bargaining Power Of Customers
Titan International, Inc. has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Titan International, Inc. relies on a few key suppliers, which gives them some bargaining power, but the company's large scale of operations helps to mitigate this risk.
Threat Of New Entrants
The high capital requirements and regulatory barriers to entry in the industry make it difficult for new entrants to compete with Titan International, Inc.
Intensity Of Rivalry
The industry in which Titan International, Inc. operates is highly competitive, with several established players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 48.35% |
| Debt Cost | 5.63% |
| Equity Weight | 51.65% |
| Equity Cost | 14.36% |
| WACC | 10.14% |
| Leverage | 93.62% |
Titan International, Inc. : Quality Control
Titan International, Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HYFM | Hydrofarm Holdings Group, Inc., together with its subsidiaries, engages in the manufacture and distribution of controlled environment agriculture (CEA) equipment and supplies in the United States and Canada. The company … |
| MNTX | Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, France, Chile, and internationally. It designs, manufactures, and distributes products that are used in various industries. The … |
| CMCO | Columbus McKinnon Corporation designs, manufactures, and markets intelligent motion solutions to ergonomically move, lift, position, and secure materials worldwide. The company offers electric, air-powered, lever, and hand hoists; hoist trolleys, … |
| ASTE | Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in … |
| MTW | The Manitowoc Company, Inc. provides engineered lifting solutions in the Americas, Europe, Africa, the Middle East, and the Asia Pacific. It designs, manufactures, and distributes crawler-mounted lattice-boom cranes under the … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Astec Industries
A-Score
1-Year Total Return ->
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Columbus McKinnon
A-Score
1-Year Total Return ->
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Hydrofarm Holdings
A-Score
1-Year Total Return ->
4
Titan International
A-Score
1-Year Total Return ->
5
Manitowoc
A-Score
1-Year Total Return ->
6
