TITAN INTERNATIONAL INC (TWI) Stock Fundamental Analysis
USA - NYSE:TWI - US88830M1027 - Common Stock
8.32 USD
+0.57 (+7.35%)
8.5 USD
+0.18 (+2.16%)
Overall TWI gets a fundamental rating of 3 out of 10. We evaluated TWI against 129 industry peers in the Machinery industry. TWI has a bad profitability rating. Also its financial health evaluation is rather negative. TWI does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year TWI has reported negative net income.
In the past year TWI had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: TWI reported negative net income in multiple years.
TWI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -1.26%, TWI is not doing good in the industry: 72.09% of the companies in the same industry are doing better.
TWI has a worse Return On Equity (-3.87%) than 72.09% of its industry peers.
The Return On Invested Capital of TWI (0.47%) is worse than 72.87% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TWI is in line with the industry average of 10.00%.
The 3 year average ROIC (11.56%) for TWI is well above the current ROIC(0.47%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.26% | ||
| ROE | -3.87% | ||
| ROIC | 0.47% |
ROA(3y)6.49%
ROA(5y)3.56%
ROE(3y)20.66%
ROE(5y)9.99%
ROIC(3y)11.56%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 0.43%, TWI is doing worse than 72.09% of the companies in the same industry.
TWI's Operating Margin has declined in the last couple of years.
The Gross Margin of TWI (12.80%) is worse than 86.82% of its industry peers.
TWI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.43% | ||
| PM (TTM) | N/A | ||
| GM | 12.8% |
OM growth 3Y-23.6%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.71%
GM growth 5Y10.29%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TWI is creating some value.
TWI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TWI has more shares outstanding
Compared to 1 year ago, TWI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.84 indicates that TWI is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 1.84, TWI is doing worse than 69.77% of the companies in the same industry.
TWI has a Debt/Equity ratio of 1.00. This is a neutral value indicating TWI is somewhat dependend on debt financing.
TWI has a Debt to Equity ratio of 1.00. This is in the lower half of the industry: TWI underperforms 76.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC0.05
WACC10.09%
2.3 Liquidity
A Current Ratio of 2.35 indicates that TWI has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 2.35, TWI is in line with its industry, outperforming 59.69% of the companies in the same industry.
TWI has a Quick Ratio of 1.27. This is a normal value and indicates that TWI is financially healthy and should not expect problems in meeting its short term obligations.
TWI has a Quick ratio (1.27) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
TWI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -110.78%.
TWI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -30.12% yearly.
TWI shows a decrease in Revenue. In the last year, the revenue decreased by -1.29%.
The Revenue has been growing slightly by 4.97% on average over the past years.
EPS 1Y (TTM)-110.78%
EPS 3Y-30.12%
EPS 5YN/A
EPS Q2Q%-120%
Revenue 1Y (TTM)-1.29%
Revenue growth 3Y1.22%
Revenue growth 5Y4.97%
Sales Q2Q%-13.41%
3.2 Future
TWI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 28.62% yearly.
TWI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.06% yearly.
EPS Next Y-149.63%
EPS Next 2Y28.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.91%
Revenue Next 2Y2.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
TWI reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 17.34, TWI is valued on the expensive side.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TWI indicates a somewhat cheap valuation: TWI is cheaper than 62.02% of the companies listed in the same industry.
TWI's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 23.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 17.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TWI is valued a bit cheaper than the industry average as 63.57% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.73 |
4.3 Compensation for Growth
TWI's earnings are expected to grow with 28.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y28.62%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for TWI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
8.32
+0.57 (+7.35%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners74.34%
Inst Owner Change-1.64%
Ins Owners6.02%
Ins Owner Change1.75%
Market Cap531.65M
Analysts80
Price Target11.22 (34.86%)
Short Float %5.38%
Short Ratio5.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-117.15%
Min EPS beat(2)-157.68%
Max EPS beat(2)-76.61%
EPS beat(4)1
Avg EPS beat(4)-355.52%
Min EPS beat(4)-1354.13%
Max EPS beat(4)166.34%
EPS beat(8)3
Avg EPS beat(8)-186.16%
EPS beat(12)5
Avg EPS beat(12)-122.92%
EPS beat(16)8
Avg EPS beat(16)-80.25%
Revenue beat(2)1
Avg Revenue beat(2)0.05%
Min Revenue beat(2)-4.55%
Max Revenue beat(2)4.65%
Revenue beat(4)1
Avg Revenue beat(4)-2.39%
Min Revenue beat(4)-5.95%
Max Revenue beat(4)4.65%
Revenue beat(8)1
Avg Revenue beat(8)-4.76%
Revenue beat(12)1
Avg Revenue beat(12)-4.52%
Revenue beat(16)4
Avg Revenue beat(16)-1.97%
PT rev (1m)0%
PT rev (3m)-5.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-150%
EPS NY rev (1m)-375%
EPS NY rev (3m)-423.86%
Revenue NQ rev (1m)-0.44%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)-0.21%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 17.34 | ||
| P/S | 0.3 | ||
| P/FCF | N/A | ||
| P/OCF | 11.98 | ||
| P/B | 0.93 | ||
| P/tB | 1 | ||
| EV/EBITDA | 12.73 |
EPS(TTM)-0.11
EYN/A
EPS(NY)0.48
Fwd EY5.77%
FCF(TTM)-0.19
FCFYN/A
OCF(TTM)0.69
OCFY8.34%
SpS27.9
BVpS8.93
TBVpS8.29
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.26% | ||
| ROE | -3.87% | ||
| ROCE | 0.59% | ||
| ROIC | 0.47% | ||
| ROICexc | 0.54% | ||
| ROICexgc | 0.56% | ||
| OM | 0.43% | ||
| PM (TTM) | N/A | ||
| GM | 12.8% | ||
| FCFM | N/A |
ROA(3y)6.49%
ROA(5y)3.56%
ROE(3y)20.66%
ROE(5y)9.99%
ROIC(3y)11.56%
ROIC(5y)N/A
ROICexc(3y)14.56%
ROICexc(5y)N/A
ROICexgc(3y)14.66%
ROICexgc(5y)N/A
ROCE(3y)14.63%
ROCE(5y)N/A
ROICexcg growth 3Y-32.78%
ROICexcg growth 5YN/A
ROICexc growth 3Y-33.62%
ROICexc growth 5YN/A
OM growth 3Y-23.6%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.71%
GM growth 5Y10.29%
F-Score3
Asset Turnover1.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.73 | ||
| Cap/Depr | 85.97% | ||
| Cap/Sales | 3.17% | ||
| Interest Coverage | 0.19 | ||
| Cash Conversion | 60.34% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.35 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 1.84 |
F-Score3
WACC10.09%
ROIC/WACC0.05
Cap/Depr(3y)120.42%
Cap/Depr(5y)96.36%
Cap/Sales(3y)3.02%
Cap/Sales(5y)2.59%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-110.78%
EPS 3Y-30.12%
EPS 5YN/A
EPS Q2Q%-120%
EPS Next Y-149.63%
EPS Next 2Y28.62%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-1.29%
Revenue growth 3Y1.22%
Revenue growth 5Y4.97%
Sales Q2Q%-13.41%
Revenue Next Year-0.91%
Revenue Next 2Y2.06%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-92.35%
EBIT growth 3Y-22.67%
EBIT growth 5YN/A
EBIT Next Year115.42%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-108.37%
FCF growth 3YN/A
FCF growth 5Y53.16%
OCF growth 1Y-77.89%
OCF growth 3Y136.28%
OCF growth 5Y25.53%