TITAN INTERNATIONAL INC (TWI)
US88830M1027 - Common Stock
Taking everything into account, TWI scores 4 out of 10 in our fundamental rating. TWI was compared to 132 industry peers in the Machinery industry. TWI has an average financial health and profitability rating. TWI is valued quite cheap, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TWI had positive earnings in the past year.
In the past year TWI had a positive cash flow from operations.
In multiple years TWI reported negative net income over the last 5 years.
TWI had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TWI's Return On Assets of 9.81% is fine compared to the rest of the industry. TWI outperforms 79.39% of its industry peers.
The Return On Equity of TWI (28.48%) is better than 91.60% of its industry peers.
TWI's Return On Invested Capital of 15.11% is amongst the best of the industry. TWI outperforms 86.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.81% | ||
| ROE | 28.48% | ||
| ROIC | 15.11% |
ROA(3y)4.02%
ROA(5y)1.57%
ROE(3y)11.39%
ROE(5y)2.83%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 6.35%, TWI is in line with its industry, outperforming 58.78% of the companies in the same industry.
TWI has a Operating Margin of 8.70%. This is comparable to the rest of the industry: TWI outperforms 51.15% of its industry peers.
The Gross Margin of TWI (16.20%) is worse than 77.10% of its industry peers.
TWI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.7% | ||
| PM (TTM) | 6.35% | ||
| GM | 16.2% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.08%
GM growth 5Y8.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TWI is still creating some value.
TWI has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TWI has more shares outstanding
The debt/assets ratio for TWI has been reduced compared to a year ago.
2.2 Solvency
TWI has an Altman-Z score of 3.25. This indicates that TWI is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.25, TWI is doing good in the industry, outperforming 60.31% of the companies in the same industry.
The Debt to FCF ratio of TWI is 3.01, which is a good value as it means it would take TWI, 3.01 years of fcf income to pay off all of its debts.
TWI has a better Debt to FCF ratio (3.01) than 71.76% of its industry peers.
TWI has a Debt/Equity ratio of 0.95. This is a neutral value indicating TWI is somewhat dependend on debt financing.
TWI has a worse Debt to Equity ratio (0.95) than 81.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.01 | ||
| Altman-Z | 3.25 |
ROIC/WACC1.55
WACC9.72%
2.3 Liquidity
TWI has a Current Ratio of 2.35. This indicates that TWI is financially healthy and has no problem in meeting its short term obligations.
TWI's Current ratio of 2.35 is in line compared to the rest of the industry. TWI outperforms 58.02% of its industry peers.
A Quick Ratio of 1.39 indicates that TWI should not have too much problems paying its short term obligations.
TWI has a Quick ratio of 1.39. This is in the better half of the industry: TWI outperforms 63.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.39 |
3. Growth
3.1 Past
The earnings per share for TWI have decreased strongly by -21.76% in the last year.
The Revenue has decreased by -9.59% in the past year.
The Revenue has been growing by 8.11% on average over the past years. This is quite good.
EPS 1Y (TTM)-21.76%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-46.3%
Revenue 1Y (TTM)-9.59%
Revenue growth 3Y14.41%
Revenue growth 5Y8.11%
Revenue growth Q2Q-24.3%
3.2 Future
TWI is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.96% yearly.
The Revenue is expected to decrease by -3.72% on average over the next years.
EPS Next Y-31.9%
EPS Next 2Y-10.57%
EPS Next 3Y-5.96%
EPS Next 5YN/A
Revenue Next Year-13.92%
Revenue Next 2Y-5.36%
Revenue Next 3Y-3.72%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.66, which indicates a rather cheap valuation of TWI.
92.37% of the companies in the same industry are more expensive than TWI, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of TWI to the average of the S&P500 Index (24.54), we can say TWI is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.32, the valuation of TWI can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TWI indicates a rather cheap valuation: TWI is cheaper than 93.13% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 19.65, TWI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.66 | ||
| Fwd PE | 7.32 |
4.2 Price Multiples
92.37% of the companies in the same industry are more expensive than TWI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TWI indicates a rather cheap valuation: TWI is cheaper than 95.42% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.68 | ||
| EV/EBITDA | 4.88 |
4.3 Compensation for Growth
TWI's earnings are expected to decrease with -5.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-10.57%
EPS Next 3Y-5.96%
5. Dividend
5.1 Amount
No dividends for TWI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TITAN INTERNATIONAL INC
NYSE:TWI (11/29/2023, 7:04:00 PM)
After market: 12.94 0 (0%)12.94
-0.06 (-0.46%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-01 2023-11-01/amc
Earnings (Next)02-26 2024-02-26/amc
Inst Owners80.86%
Inst Owner Change0.5%
Ins Owners5%
Ins Owner Change0.57%
Market Cap811.73M
Analysts45
Price Target20.4 (57.65%)
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.68%
Min EPS beat(2)-0.99%
Max EPS beat(2)8.35%
EPS beat(4)2
Avg EPS beat(4)3.09%
Min EPS beat(4)-2.1%
Max EPS beat(4)8.35%
Revenue beat(2)0
Avg Revenue beat(2)-7.37%
Min Revenue beat(2)-7.68%
Max Revenue beat(2)-7.07%
Revenue beat(4)0
Avg Revenue beat(4)-5.3%
Min Revenue beat(4)-7.68%
Max Revenue beat(4)-2.91%
PT rev (1m)0%
PT rev (3m)-9.09%
EPS NQ rev (1m)7.55%
EPS NQ rev (3m)9.62%
EPS NY rev (1m)0%
EPS NY rev (3m)1.02%
Revenue NQ rev (1m)1.2%
Revenue NQ rev (3m)1.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.66 | ||
| Fwd PE | 7.32 | ||
| P/S | 0.42 | ||
| P/FCF | 5.68 | ||
| P/OCF | 4.09 | ||
| P/B | 1.87 | ||
| P/tB | 1.87 | ||
| EV/EBITDA | 4.88 |
EPS(TTM)1.69
EY13.06%
EPS(NY)1.77
Fwd EY13.66%
FCF(TTM)2.28
FCFY17.6%
OCF(TTM)3.17
OCFY24.46%
SpS30.95
BVpS6.91
TBVpS6.91
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.81% | ||
| ROE | 28.48% | ||
| ROCE | 19.13% | ||
| ROIC | 15.11% | ||
| ROICexc | 19.89% | ||
| ROICexgc | 19.89% | ||
| OM | 8.7% | ||
| PM (TTM) | 6.35% | ||
| GM | 16.2% | ||
| FCFM | 7.36% |
ROA(3y)4.02%
ROA(5y)1.57%
ROE(3y)11.39%
ROE(5y)2.83%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y25.08%
GM growth 5Y8.15%
F-Score7
Asset Turnover1.54
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.95 | ||
| Debt/FCF | 3.01 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 132.42% | ||
| Cap/Sales | 2.87% | ||
| Interest Coverage | 5.49 | ||
| Cash Conversion | 94.11% | ||
| Profit Quality | 115.79% | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.39 | ||
| Altman-Z | 3.25 |
F-Score7
WACC9.72%
ROIC/WACC1.55
Cap/Depr(3y)76.8%
Cap/Depr(5y)73.01%
Cap/Sales(3y)2.02%
Cap/Sales(5y)2.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
Growth
EPS 1Y (TTM)-21.76%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-46.3%
EPS Next Y-31.9%
EPS Next 2Y-10.57%
EPS Next 3Y-5.96%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.59%
Revenue growth 3Y14.41%
Revenue growth 5Y8.11%
Revenue growth Q2Q-24.3%
Revenue Next Year-13.92%
Revenue Next 2Y-5.36%
Revenue Next 3Y-3.72%
Revenue Next 5YN/A
EBIT growth 1Y-10.74%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year2.82%
EBIT Next 3Y2.99%
EBIT Next 5YN/A
FCF growth 1Y670.47%
FCF growth 3Y132.9%
FCF growth 5YN/A
OCF growth 1Y2543.73%
OCF growth 3Y52.39%
OCF growth 5YN/A