TITAN INTERNATIONAL INC (TWI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TWI - US88830M1027 - Common Stock
8.1 USD
+0.34 (+4.38%)
8.1 USD
0 (0%)
TWI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 132 industry peers in the Machinery industry. TWI has a bad profitability rating. Also its financial health evaluation is rather negative. TWI has a expensive valuation and it also scores bad on growth.
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 each of the past 5 years.
1.2 Ratios
The Return On Assets of TWI (-0.35%) is worse than 70.45% of its industry peers.
Looking at the Return On Equity, with a value of -1.07%, TWI is doing worse than 68.94% of the companies in the same industry.
TWI has a worse Return On Invested Capital (0.89%) than 69.70% of its industry peers.
TWI had an Average Return On Invested Capital over the past 3 years of 11.56%. This is in line with the industry average of 10.27%.
The 3 year average ROIC (11.56%) for TWI is well above the current ROIC(0.89%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -1.07% | ||
| ROIC | 0.89% |
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
The Operating Margin of TWI (0.82%) is worse than 69.70% of its industry peers.
TWI's Operating Margin has declined in the last couple of years.
TWI has a worse Gross Margin (13.28%) than 85.61% of its industry peers.
TWI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 0.82% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TWI is still creating some value.
The number of shares outstanding for TWI has been increased compared to 1 year ago.
The number of shares outstanding for TWI has been increased compared to 5 years ago.
The debt/assets ratio for TWI is higher compared to a year ago.
2.2 Solvency
TWI has an Altman-Z score of 1.84. This is not the best score and indicates that TWI is in the grey zone with still only limited risk for bankruptcy at the moment.
TWI's Altman-Z score of 1.84 is on the low side compared to the rest of the industry. TWI is outperformed by 69.70% of its industry peers.
TWI has a Debt/Equity ratio of 0.98. This is a neutral value indicating TWI is somewhat dependend on debt financing.
TWI has a Debt to Equity ratio of 0.98. This is in the lower half of the industry: TWI underperforms 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.84 |
ROIC/WACC0.09
WACC9.77%
2.3 Liquidity
TWI has a Current Ratio of 2.28. This indicates that TWI is financially healthy and has no problem in meeting its short term obligations.
TWI has a Current ratio (2.28) which is comparable to the rest of the industry.
TWI has a Quick Ratio of 1.25. 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 (1.25) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The earnings per share for TWI have decreased strongly by -77.78% in the last year.
Measured over the past years, TWI shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -30.12% on average per year.
The Revenue has decreased by -2.75% in the past year.
TWI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 4.97% yearly.
EPS 1Y (TTM)-77.78%
EPS 3Y-30.12%
EPS 5YN/A
EPS Q2Q%121.05%
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y1.22%
Revenue growth 5Y4.97%
Sales Q2Q%4.13%
3.2 Future
The Earnings Per Share is expected to grow by 31.30% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 3.67% on average over the next years.
EPS Next Y-168.78%
EPS Next 2Y14.66%
EPS Next 3Y31.3%
EPS Next 5YN/A
Revenue Next Year-1.87%
Revenue Next 2Y1.3%
Revenue Next 3Y3.67%
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
A Price/Earnings ratio of 67.50 indicates a quite expensive valuation of TWI.
68.18% of the companies in the same industry are cheaper than TWI, based on the Price/Earnings ratio.
TWI is valuated expensively when we compare the Price/Earnings ratio to 26.59, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 21.24, the valuation of TWI can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TWI is on the same level as its industry peers.
TWI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 24.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.5 | ||
| Fwd PE | 21.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TWI is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 10.57 |
4.3 Compensation for Growth
A more expensive valuation may be justified as TWI's earnings are expected to grow with 31.30% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y14.66%
EPS Next 3Y31.3%
5. Dividend
5.1 Amount
TWI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
8.1
+0.34 (+4.38%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners72.79%
Inst Owner Change-2.16%
Ins Owners6.01%
Ins Owner Change0%
Market Cap518.00M
Revenue(TTM)1.80B
Net Income(TTM)-6.12M
Analysts80
Price TargetN/A
Short Float %6.27%
Short Ratio5.42
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/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)103.17%
Min EPS beat(2)-157.68%
Max EPS beat(2)364.03%
EPS beat(4)2
Avg EPS beat(4)74.02%
Min EPS beat(4)-157.68%
Max EPS beat(4)364.03%
EPS beat(8)3
Avg EPS beat(8)-141.7%
EPS beat(12)5
Avg EPS beat(12)-93.44%
EPS beat(16)9
Avg EPS beat(16)-57.44%
Revenue beat(2)0
Avg Revenue beat(2)-2.36%
Min Revenue beat(2)-4.55%
Max Revenue beat(2)-0.17%
Revenue beat(4)1
Avg Revenue beat(4)-0.94%
Min Revenue beat(4)-4.55%
Max Revenue beat(4)4.65%
Revenue beat(8)1
Avg Revenue beat(8)-3.9%
Revenue beat(12)1
Avg Revenue beat(12)-4.37%
Revenue beat(16)3
Avg Revenue beat(16)-2.43%
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-20.55%
EPS NQ rev (3m)-91.3%
EPS NY rev (1m)-38.6%
EPS NY rev (3m)-558.33%
Revenue NQ rev (1m)-3.37%
Revenue NQ rev (3m)-5.66%
Revenue NY rev (1m)-0.97%
Revenue NY rev (3m)-0.97%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 67.5 | ||
| Fwd PE | 21.24 | ||
| P/S | 0.29 | ||
| P/FCF | N/A | ||
| P/OCF | 19.94 | ||
| P/B | 0.91 | ||
| P/tB | 0.98 | ||
| EV/EBITDA | 10.57 |
EPS(TTM)0.12
EY1.48%
EPS(NY)0.38
Fwd EY4.71%
FCF(TTM)-0.38
FCFYN/A
OCF(TTM)0.41
OCFY5.02%
SpS28.17
BVpS8.9
TBVpS8.26
PEG (NY)N/A
PEG (5Y)N/A
Graham Number4.9
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.35% | ||
| ROE | -1.07% | ||
| ROCE | 1.13% | ||
| ROIC | 0.89% | ||
| ROICexc | 1.06% | ||
| ROICexgc | 1.1% | ||
| OM | 0.82% | ||
| PM (TTM) | N/A | ||
| GM | 13.28% | ||
| 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
ROICexgc growth 3Y-32.78%
ROICexgc 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-Score4
Asset Turnover1.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.98 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.61 | ||
| Cap/Depr | 71.58% | ||
| Cap/Sales | 2.78% | ||
| Interest Coverage | 0.36 | ||
| Cash Conversion | 30.7% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.28 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 1.84 |
F-Score4
WACC9.77%
ROIC/WACC0.09
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)-77.78%
EPS 3Y-30.12%
EPS 5YN/A
EPS Q2Q%121.05%
EPS Next Y-168.78%
EPS Next 2Y14.66%
EPS Next 3Y31.3%
EPS Next 5YN/A
Revenue 1Y (TTM)-2.75%
Revenue growth 3Y1.22%
Revenue growth 5Y4.97%
Sales Q2Q%4.13%
Revenue Next Year-1.87%
Revenue Next 2Y1.3%
Revenue Next 3Y3.67%
Revenue Next 5YN/A
EBIT growth 1Y-80.96%
EBIT growth 3Y-22.67%
EBIT growth 5YN/A
EBIT Next Year116.98%
EBIT Next 3Y49.88%
EBIT Next 5YN/A
FCF growth 1Y-116.86%
FCF growth 3YN/A
FCF growth 5Y53.16%
OCF growth 1Y-86.92%
OCF growth 3Y136.28%
OCF growth 5Y25.53%
TITAN INTERNATIONAL INC / TWI FAQ
What is the ChartMill fundamental rating of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a fundamental rating of 3 / 10 to TWI.
What is the valuation status of TITAN INTERNATIONAL INC (TWI) stock?
ChartMill assigns a valuation rating of 2 / 10 to TITAN INTERNATIONAL INC (TWI). This can be considered as Overvalued.
Can you provide the profitability details for TITAN INTERNATIONAL INC?
TITAN INTERNATIONAL INC (TWI) has a profitability rating of 3 / 10.
What is the valuation of TITAN INTERNATIONAL INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for TITAN INTERNATIONAL INC (TWI) is 67.5 and the Price/Book (PB) ratio is 0.91.
What is the earnings growth outlook for TITAN INTERNATIONAL INC?
The Earnings per Share (EPS) of TITAN INTERNATIONAL INC (TWI) is expected to decline by -168.78% in the next year.