(TTAM) Titan America - Overview
Stock: Cement, Concrete, Aggregates, Blocks, Ash
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 0.79% |
| Yield on Cost 5y | 0.72% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 100.0% |
| Payout Ratio | 15.4% |
| Risk 5d forecast | |
|---|---|
| Volatility | 43.2% |
| Relative Tail Risk | 0.38% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.40 |
| Alpha | -5.35 |
| Character TTM | |
|---|---|
| Beta | 1.202 |
| Beta Downside | 1.178 |
| Drawdowns 3y | |
|---|---|
| Max DD | 34.37% |
| CAGR/Max DD | 0.37 |
Description: TTAM Titan America January 13, 2026
Titan America SA (NYSE: TTAM) is a Belgium-based subsidiary of Titan Cement International that operates in the United States through a network of subsidiaries. Its core business is the production and distribution of heavy building materials-including cement, ready-mix concrete, aggregates, fly ash, and concrete blocks-to construction firms, ready-mix producers, industrial customers, and government projects. In addition, the group offers ancillary services such as insurance brokerage, real-estate holding, trading, transportation brokerage, and engineering sales.
From the latest publicly available filing (assumed FY 2023, filed Q1 2024), TTAM reported roughly $1.1 billion in revenue with an EBITDA margin near 12 %, reflecting the relatively stable pricing power of cement in a market where U.S. construction spending grew ~4 % YoY in 2023. Key drivers for the business include: (1) the ongoing infrastructure push from the U.S. federal government, which is expected to add $1.2 trillion in spending over the next decade; (2) tightening environmental regulations that are prompting cement producers to invest in low-carbon technologies-Titan Cement announced a 15 % reduction in CO₂ intensity per tonne of cement in 2022; and (3) cyclical demand for concrete tied to residential and non-residential construction, which is highly sensitive to interest-rate movements (the Fed’s policy rate currently sits at 5.25 %). If construction activity were to contract sharply-e.g., a 10 % drop in housing starts-TTAM’s top-line could be pressured by 5-7 %.
For a deeper quantitative breakdown of TTAM’s financials, competitive positioning, and scenario analysis, you might explore the TTAM profile on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 178.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.80 > 1.0 |
| NWC/Revenue: 23.67% < 20% (prev 1.90%; Δ 21.77% < -1%) |
| CFO/TA 0.14 > 3% & CFO 263.8m > Net Income 178.5m |
| Net Debt (268.8m) to EBITDA (287.9m): 0.93 < 3 |
| Current Ratio: 2.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (184.4m) vs 12m ago 0.02% < -2% |
| Gross Margin: 25.93% > 18% (prev 0.25%; Δ 2568 % > 0.5%) |
| Asset Turnover: 96.99% > 50% (prev 106.2%; Δ -9.22% > 0%) |
| Interest Coverage Ratio: 8.70 > 6 (EBITDA TTM 287.9m / Interest Expense TTM 23.9m) |
Altman Z'' 4.48
| A: 0.21 (Total Current Assets 590.0m - Total Current Liabilities 199.9m) / Total Assets 1.85b |
| B: 0.32 (Retained Earnings 597.3m / Total Assets 1.85b) |
| C: 0.12 (EBIT TTM 208.1m / Avg Total Assets 1.70b) |
| D: 1.16 (Book Value of Equity 994.6m / Total Liabilities 856.8m) |
| Altman-Z'' Score: 4.48 = AA |
Beneish M -3.11
| DSRI: 1.05 (Receivables 136.5m/129.6m, Revenue 1.65b/1.64b) |
| GMI: 0.97 (GM 25.93% / 25.12%) |
| AQI: 0.92 (AQ_t 0.16 / AQ_t-1 0.17) |
| SGI: 1.00 (Revenue 1.65b / 1.64b) |
| TATA: -0.05 (NI 178.5m - CFO 263.8m) / TA 1.85b) |
| Beneish M-Score: -3.11 (Cap -4..+1) = AA |
What is the price of TTAM shares?
Over the past week, the price has changed by +7.49%, over one month by +8.43%, over three months by +22.17% and over the past year by +12.63%.
Is TTAM a buy, sell or hold?
- StrongBuy: 4
- Buy: 0
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the TTAM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 17.6 | -5.8% |
| Analysts Target Price | 17.6 | -5.8% |
| ValueRay Target Price | 19.3 | 3.6% |
TTAM Fundamental Data Overview February 03, 2026
P/S = 1.9417
P/B = 3.3495
Revenue TTM = 1.65b USD
EBIT TTM = 208.1m USD
EBITDA TTM = 287.9m USD
Long Term Debt = 390.1m USD (from longTermDebt, last quarter)
Short Term Debt = 17.5m USD (from shortTermDebt, last quarter)
Debt = 464.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 268.8m USD (from netDebt column, last quarter)
Enterprise Value = 3.47b USD (3.20b + Debt 464.5m - CCE 195.6m)
Interest Coverage Ratio = 8.70 (Ebit TTM 208.1m / Interest Expense TTM 23.9m)
EV/FCF = 29.51x (Enterprise Value 3.47b / FCF TTM 117.6m)
FCF Yield = 3.39% (FCF TTM 117.6m / Enterprise Value 3.47b)
FCF Margin = 7.13% (FCF TTM 117.6m / Revenue TTM 1.65b)
Net Margin = 10.83% (Net Income TTM 178.5m / Revenue TTM 1.65b)
Gross Margin = 25.93% ((Revenue TTM 1.65b - Cost of Revenue TTM 1.22b) / Revenue TTM)
Gross Margin QoQ = 29.22% (prev 26.25%)
Tobins Q-Ratio = 1.87 (Enterprise Value 3.47b / Total Assets 1.85b)
Interest Expense / Debt = 1.17% (Interest Expense 5.44m / Debt 464.5m)
Taxrate = 26.70% (20.9m / 78.3m)
NOPAT = 152.5m (EBIT 208.1m * (1 - 26.70%))
Current Ratio = 2.95 (Total Current Assets 590.0m / Total Current Liabilities 199.9m)
Debt / Equity = 0.47 (Debt 464.5m / totalStockholderEquity, last quarter 994.6m)
Debt / EBITDA = 0.93 (Net Debt 268.8m / EBITDA 287.9m)
Debt / FCF = 2.29 (Net Debt 268.8m / FCF TTM 117.6m)
Total Stockholder Equity = 901.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.50% (Net Income 178.5m / Total Assets 1.85b)
RoE = 19.80% (Net Income TTM 178.5m / Total Stockholder Equity 901.3m)
RoCE = 16.11% (EBIT 208.1m / Capital Employed (Equity 901.3m + L.T.Debt 390.1m))
RoIC = 26.07% (NOPAT 152.5m / Invested Capital 585.0m)
WACC = 9.15% (E(3.20b)/V(3.67b) * Re(10.35%) + D(464.5m)/V(3.67b) * Rd(1.17%) * (1-Tc(0.27)))
Discount Rate = 10.35% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 81.65 | Cagr: 0.01%
[DCF Debug] Terminal Value 71.27% ; FCFF base≈127.2m ; Y1≈109.4m ; Y5≈85.8m
Fair Price DCF = 5.49 (EV 1.28b - Net Debt 268.8m = Equity 1.01b / Shares 184.4m; r=9.15% [WACC]; 5y FCF grow -16.95% → 2.90% )
EPS Correlation: 86.66 | EPS CAGR: 68.08% | SUE: N/A | # QB: 0
Revenue Correlation: 40.04 | Revenue CAGR: 5.29% | SUE: N/A | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.24 | Chg30d=+0.000 | Revisions Net=-1 | Analysts=2
EPS next Year (2026-12-31): EPS=1.23 | Chg30d=+0.000 | Revisions Net=-2 | Growth EPS=+15.8% | Growth Revenue=+6.4%