TTAM Stock Analysis: Titan America | NYSE
Building Materials | NYSE, USA | Market Cap: 2.500m USD | 12M Return: -13.8% | BE6360403164 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.38M
Qual. Beats: -1
Rev. Trend: 99.4%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 1.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Titan America SA (TTAM) is a U.S.-focused heavy building materials producer that manufactures and distributes cement, ready-mix concrete, aggregates, concrete blocks, fly ash, and related products. Beyond its core materials business, the company also engages in complementary activities including trading, real estate holdings, insurance brokerage, and transportation brokerage. Headquartered in Brussels and founded in 1989, Titan America operates as a subsidiary of Titan Cement International S.A., the Belgium-listed parent group, and trades on the NYSE following its February 2025 IPO.
The construction materials sector is highly cyclical, with demand closely tied to residential, commercial, and infrastructure construction activity. Cement and aggregates production is also energy- and emissions-intensive, making producers in this space increasingly subject to environmental regulations and decarbonization pressures.
- US infrastructure spending lifts cement and concrete volumes
- Florida housing market weakness pressures ready-mix demand
- Clinker and energy costs squeeze cement production margins
| Net Income: 177.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.09 > 1.0 |
| NWC/Revenue: 16.12% < 20% (prev 20.81%; Δ -4.69% < -1%) |
| CFO/TA 0.15 > 3% & CFO 318.6m > Net Income 177.2m |
| Net Debt (575.7m) to EBITDA (377.7m): 1.52 < 3 |
| Current Ratio: 2.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (184.6m) vs 12m ago 0.14% < -2% |
| Gross Margin: 25.47% > 18% (prev 25.39%; Δ 0.08% > 0.5%) |
| Asset Turnover: 86.52% > 50% (prev 90.58%; Δ -4.06% > 0%) |
| Interest Coverage Ratio: 13.98 > 6 (EBIT TTM 260.8m / Interest Expense TTM 18.7m) |
| A: 0.13 (Total Current Assets 530.6m - Total Current Liabilities 254.7m) / Total Assets 2.16b |
| B: 0.36 (Retained Earnings 777.7m / Total Assets 2.16b) |
| C: 0.13 (EBIT TTM 260.8m / Avg Total Assets 1.98b) |
| D: 1.01 (Book Value of Equity 1.09b / Total Liabilities 1.08b) |
| Altman-Z'' = 3.96 = AA |
| DSRI: 1.20 (Receivables 215.3m/170.2m, Revenue 1.71b/1.62b) |
| GMI: 1.00 (GM 25.39% / 25.47%) |
| AQI: 0.94 (AQ_t 0.15 / AQ_t-1 0.16) |
| SGI: 1.05 (Revenue 1.71b / 1.62b) |
| TATA: -0.07 (NI 177.2m - CFO 318.6m) / TA 2.16b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of October 09, 2026, the stock is trading at USD 13.11 with a total of 258,740 shares traded. Over the past week, the price has changed by -4.10%, over one month by -14.17%, over three months by -22.61% and over the past year by -13.79%.
Current recommended Stop Loss: 12.40 (which is 5.4% or 1.5 ATR below the current price).
Titan America has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold TTAM.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 17.9 | 36.2% |
P/E Trailing = 14.2737
P/S = 1.4607
P/B = 2.2866
Revenue TTM = 1.71b USD
EBIT TTM = 260.8m USD
EBITDA TTM = 377.7m USD
Long Term Debt = 502.0m USD (from longTermDebt, last quarter)
Short Term Debt = 16.1m USD (from shortTermDebt, last quarter)
Debt = 641.4m USD (from shortLongTermDebtTotal, last quarter) + Leases 67.3m
Net Debt = 575.7m USD (calculated: Debt 641.4m - CCE 65.7m)
Enterprise Value = 3.08b USD (2.50b + Debt 641.4m - CCE 65.7m)
Interest Coverage Ratio = 13.98 (Ebit TTM 260.8m / Interest Expense TTM 18.7m)
EV/FCF = 20.35x (Enterprise Value 3.08b / FCF TTM 151.2m)
FCF Yield = 4.92% (FCF TTM 151.2m / Enterprise Value 3.08b)
FCF Margin = 8.83% (FCF TTM 151.2m / Revenue TTM 1.71b)
Net Margin = 10.35% (Net Income TTM 177.2m / Revenue TTM 1.71b)
Gross Margin = 25.47% ((Revenue TTM 1.71b - Cost of Revenue TTM 1.28b) / Revenue TTM)
Gross Margin QoQ = 24.04% (prev 23.06%)
Tobins Q-Ratio = 1.42 (Enterprise Value 3.08b / Total Assets 2.16b)
Interest Expense / Debt = 2.91% (Interest Expense 18.7m / Debt 641.4m)
Taxrate = 25.91% (62.0m / 239.2m)
NOPAT = 193.2m (EBIT 260.8m * (1 - 25.91%))
Current Ratio = 2.08 (Total Current Assets 530.6m / Total Current Liabilities 254.7m)
Debt / Equity = 0.59 (Debt 641.4m / totalStockholderEquity, last quarter 1.09b)
Debt / EBITDA = 1.52 (Net Debt 575.7m / EBITDA 377.7m)
Debt / FCF = 3.81 (Net Debt 575.7m / FCF TTM 151.2m)
Total Stockholder Equity = 1.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.96% (Net Income 177.2m / Total Assets 2.16b)
RoE = 16.96% (Net Income TTM 177.2m / Total Stockholder Equity 1.04b)
RoCE = 16.86% (EBIT 260.8m / Capital Employed (Equity 1.04b + L.T.Debt 502.0m))
RoIC = 10.39% (NOPAT 193.2m / Invested Capital 1.86b)
WACC = 8.88% (E(2.50b)/V(3.14b) * Re(10.60%) + D(641.4m)/V(3.14b) * Rd(2.91%) * (1-Tc(0.26)))
Discount Rate = 10.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 11.36 | Cagr: 0.06%
[DCF] Terminal Value 76.29% ; FCFF base≈125.8m ; Y1≈144.2m ; Y5≈212.2m
[DCF] Fair Price = 12.74 (EV 2.92b - Net Debt 575.7m = Equity 2.35b / Shares 184.4m; r=8.88% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -3.02 | # QB: -1
Revenue Correlation: 99.40 | Revenue CAGR: 2.25% | SUE: 2.74 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.36 | Chg30d=+12.50% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=1.10 | Chg30d=-0.77% | Revisions=+25% | GrowthEPS=-22.4% | GrowthRev=+7.3%
EPS next Year (2027-12-31): EPS=1.26 | Chg30d=+0.00% | Revisions=+0% | GrowthEPS=+15.2% | GrowthRev=+7.7%
[Analyst] Revisions Ratio: +29% (up=3, down=1)