TITAN INTERNATIONAL, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.27 USD | +2.86% |
|
-1.08% | -44.42% |
| May. 02 | Transcript : Titan International, Inc., Q1 2024 Earnings Call, May 02, 2024 | |
| May. 01 | Earnings Flash (TWI) TITAN INTERNATIONAL Posts Q1 EPS $0.29, vs. Street Est of $0.45 | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Capitalization 1 | 218.2 | 298.3 | 727.9 | 962.8 | 920.9 | 602.6 | - |
| Enterprise Value (EV) 1 | 656 | 645.6 | 1,115 | 1,249 | 1,127 | 846.5 | 760 |
| P/E ratio | -4.31 x | -4.91 x | 13.9 x | 5.53 x | 11.9 x | 11.5 x | 7.52 x |
| Yield | 0.55% | 0.1% | - | - | - | - | - |
| Capitalization / Revenue | 0.15 x | 0.24 x | 0.41 x | 0.44 x | 0.51 x | 0.29 x | 0.27 x |
| EV / Revenue | 0.45 x | 0.51 x | 0.63 x | 0.58 x | 0.62 x | 0.41 x | 0.34 x |
| EV / EBITDA | 17.2 x | 11.9 x | 8.26 x | 4.94 x | 5.49 x | 4.84 x | 4 x |
| EV / FCF | 72.7 x | 18.2 x | -39.7 x | 11 x | 9.5 x | 8.06 x | 9.81 x |
| FCF Yield | 1.38% | 5.51% | -2.52% | 9.1% | 10.5% | 12.4% | 10.2% |
| Price to Book | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 60,288 | 61,377 | 66,412 | 62,844 | 61,890 | 72,871 | - |
| Reference price 2 | 3.620 | 4.860 | 10.96 | 15.32 | 14.88 | 8.270 | 8.270 |
| Announcement Date | 3/4/20 | 3/4/21 | 3/3/22 | 2/27/23 | 2/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,449 | 1,259 | 1,780 | 2,169 | 1,822 | 2,047 | 2,217 |
| EBITDA 1 | 38.16 | 54.03 | 135 | 253 | 205.2 | 175 | 190.1 |
| EBIT 1 | -25.74 | -20.55 | 85.18 | 205.8 | 148.7 | 120.2 | 137.8 |
| Operating Margin | -1.78% | -1.63% | 4.78% | 9.49% | 8.16% | 5.87% | 6.21% |
| Earnings before Tax (EBT) 1 | -48.04 | -58.13 | 51.04 | 202.4 | 109.7 | 89.96 | 114.5 |
| Net income 1 | -50.35 | -60.39 | 49.59 | 176.3 | 78.76 | 59.71 | 80.65 |
| Net margin | -3.48% | -4.8% | 2.79% | 8.13% | 4.32% | 2.92% | 3.64% |
| EPS 2 | -0.8400 | -0.9900 | 0.7900 | 2.770 | 1.250 | 0.7200 | 1.100 |
| Free Cash Flow 1 | 9.028 | 35.55 | -28.08 | 113.7 | 118.6 | 105.1 | 77.49 |
| FCF margin | 0.62% | 2.82% | -1.58% | 5.24% | 6.51% | 5.13% | 3.49% |
| FCF Conversion (EBITDA) | 23.66% | 65.79% | - | 44.95% | 57.77% | 60.05% | 40.77% |
| FCF Conversion (Net income) | - | - | - | 64.49% | 150.52% | 175.97% | 96.09% |
| Dividend per Share | 0.0200 | 0.005000 | - | - | - | - | - |
| Announcement Date | 3/4/20 | 3/4/21 | 3/3/22 | 2/27/23 | 2/29/24 | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 487.7 | 556 | 572.9 | 530.7 | 509.8 | 548.6 | 481.2 | 401.8 | 390.2 | 482.2 | 547.3 | 514.8 | 503 | 599.5 | 565.1 |
| EBITDA 1 | 36.11 | 56.8 | 82.15 | 61.2 | 52.82 | 67.63 | 58.97 | 40.55 | 38.08 | 49.7 | 46.34 | 41.74 | 38.72 | 55.02 | 50.83 |
| EBIT 1 | 24.32 | 44.71 | 69.7 | 50.49 | 40.9 | 55.14 | 45.9 | 26.98 | 20.72 | 25.07 | 33.06 | 28.46 | 25.45 | 42.55 | 38.36 |
| Operating Margin | 4.99% | 8.04% | 12.17% | 9.51% | 8.02% | 10.05% | 9.54% | 6.71% | 5.31% | 5.2% | 6.04% | 5.53% | 5.06% | 7.1% | 6.79% |
| Earnings before Tax (EBT) 1 | 19.51 | 33.26 | 87.92 | 54.16 | 27.01 | 47.65 | 41.32 | 24.38 | -3.603 | 19.71 | 25.55 | 21.01 | 18.21 | 36.64 | 32.8 |
| Net income 1 | 27.6 | 23.92 | 67.17 | 43.17 | 42.04 | 31.84 | 30.21 | 19.28 | -2.565 | 9.201 | 17.86 | 14.98 | 12.56 | 25.97 | 22.91 |
| Net margin | 5.66% | 4.3% | 11.72% | 8.13% | 8.25% | 5.8% | 6.28% | 4.8% | -0.66% | 1.91% | 3.26% | 2.91% | 2.5% | 4.33% | 4.06% |
| EPS 2 | 0.4400 | 0.3700 | 1.060 | 0.6800 | 0.6600 | 0.5000 | 0.4800 | 0.3100 | -0.0400 | 0.1400 | 0.2450 | 0.2050 | 0.1700 | 0.3500 | 0.3100 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/3/22 | 5/2/22 | 8/1/22 | 11/7/22 | 2/27/23 | 5/3/23 | 8/2/23 | 11/1/23 | 2/29/24 | 5/1/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | 438 | 347 | 387 | 286 | 206 | 244 | 157 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 11.47 x | 6.427 x | 2.866 x | 1.131 x | 1.003 x | 1.394 x | 0.8278 x |
| Free Cash Flow 1 | 9.03 | 35.5 | -28.1 | 114 | 119 | 105 | 77.5 |
| ROE (net income / shareholders' equity) | -19.6% | - | - | 45.9% | - | 11.1% | 11.7% |
| ROA (Net income/ Total Assets) | -4.26% | - | - | 11.4% | 7.78% | 4.2% | 5% |
| Assets 1 | 1,183 | - | - | 1,551 | 1,012 | 1,422 | 1,613 |
| Book Value Per Share | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | 36.4 | 21.7 | 38.8 | 47 | 60.8 | 54.6 | 52 |
| Capex / Sales | 2.51% | 1.72% | 2.18% | 2.17% | 3.34% | 2.67% | 2.35% |
| Announcement Date | 3/4/20 | 3/4/21 | 3/3/22 | 2/27/23 | 2/29/24 | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -44.42% | 603M | |
| +20.33% | 47.08B | |
| -7.20% | 22.65B | |
| +9.05% | 18.18B | |
| +23.67% | 16.21B | |
| -9.49% | 13.96B | |
| -17.81% | 13.5B | |
| -21.24% | 12.98B | |
| +43.47% | 12.62B | |
| +36.63% | 10.73B |
- Stock Market
- Equities
- TWI Stock
- Financials Titan International, Inc.
