(TWI) Titan International - Overview
Stock: Wheels, Tires, Undercarriage Components, Off-Highway Vehicles
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 49.6% |
| Relative Tail Risk | -11.4% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.69 |
| Alpha | 9.63 |
| Character TTM | |
|---|---|
| Beta | 1.586 |
| Beta Downside | 1.698 |
| Drawdowns 3y | |
|---|---|
| Max DD | 60.32% |
| CAGR/Max DD | -0.16 |
Description: TWI Titan International December 26, 2025
Titan International Inc. (NYSE:TWI) designs, manufactures, and distributes wheels, tires, and under-carriage components for a broad range of off-highway equipment, serving three primary segments: Agricultural, Earthmoving/Construction, and Consumer. Its product portfolio spans tractors, combines, skid steers, excavators, ATVs, and specialty items such as train brakes, sold both to OEMs and through an aftermarket channel of distributors and dealers.
In FY 2023 the company generated roughly $1.2 billion in revenue, with an adjusted EBITDA margin of about 9 %, reflecting the capital-intensive nature of its product lines and the cyclical demand in farming and construction. Recent guidance for FY 2024 targets modest top-line growth (≈5 %) and a slight improvement in margin as the firm leverages higher-margin tire sales and cost-saving initiatives.
Key economic drivers include U.S. farm equipment spending, which historically rises 2-3 % annually and is sensitive to commodity price trends, and global construction spending, projected by the World Bank to grow 3-4 % in 2025. A sector-specific risk is the volatility of raw-material costs (steel, rubber), which can compress margins if not passed on to customers.
From a valuation standpoint, Titan trades at a forward EV/EBITDA of roughly 7.5×, well below the GICS sub-industry median of 9.2×, suggesting a potential discount that warrants further scrutiny.
For a deeper dive into Titan’s valuation metrics and scenario analysis, check out the ValueRay platform.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income: -6.12m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -7.33 > 1.0 |
| NWC/Revenue: 32.22% < 20% (prev 32.09%; Δ 0.14% < -1%) |
| CFO/TA 0.01 > 3% & CFO 26.0m > Net Income -6.12m |
| Net Debt (504.0m) to EBITDA (87.1m): 5.79 < 3 |
| Current Ratio: 2.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (63.9m) vs 12m ago -11.27% < -2% |
| Gross Margin: 13.69% > 18% (prev 0.15%; Δ 1354 % > 0.5%) |
| Asset Turnover: 104.8% > 50% (prev 109.8%; Δ -5.00% > 0%) |
| Interest Coverage Ratio: 0.45 > 6 (EBITDA TTM 87.1m / Interest Expense TTM 38.3m) |
Altman Z'' 2.49
| A: 0.33 (Total Current Assets 1.03b - Total Current Liabilities 453.4m) / Total Assets 1.75b |
| B: 0.09 (Retained Earnings 156.6m / Total Assets 1.75b) |
| C: 0.01 (EBIT TTM 17.2m / Avg Total Assets 1.72b) |
| D: -0.04 (Book Value of Equity -51.9m / Total Liabilities 1.18b) |
| Altman-Z'' Score: 2.49 = A |
Beneish M -2.68
| DSRI: 1.08 (Receivables 285.9m/272.8m, Revenue 1.80b/1.85b) |
| GMI: 1.08 (GM 13.69% / 14.84%) |
| AQI: 1.41 (AQ_t 0.08 / AQ_t-1 0.06) |
| SGI: 0.97 (Revenue 1.80b / 1.85b) |
| TATA: -0.02 (NI -6.12m - CFO 26.0m) / TA 1.75b) |
| Beneish M-Score: -2.68 (Cap -4..+1) = A |
What is the price of TWI shares?
Over the past week, the price has changed by +16.89%, over one month by +32.59%, over three months by +43.31% and over the past year by +27.10%.
Is TWI a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the TWI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 11 | -3.1% |
| Analysts Target Price | 11 | -3.1% |
| ValueRay Target Price | 12.4 | 8.9% |
TWI Fundamental Data Overview February 03, 2026
P/S = 0.3386
P/B = 1.0508
P/EG = -1.21
Revenue TTM = 1.80b USD
EBIT TTM = 17.2m USD
EBITDA TTM = 87.1m USD
Long Term Debt = 556.8m USD (from longTermDebt, last quarter)
Short Term Debt = 36.5m USD (from shortTermDebt, last quarter)
Debt = 709.4m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 504.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.11b USD (610.1m + Debt 709.4m - CCE 205.4m)
Interest Coverage Ratio = 0.45 (Ebit TTM 17.2m / Interest Expense TTM 38.3m)
EV/FCF = -46.27x (Enterprise Value 1.11b / FCF TTM -24.1m)
FCF Yield = -2.16% (FCF TTM -24.1m / Enterprise Value 1.11b)
FCF Margin = -1.34% (FCF TTM -24.1m / Revenue TTM 1.80b)
Net Margin = -0.34% (Net Income TTM -6.12m / Revenue TTM 1.80b)
Gross Margin = 13.69% ((Revenue TTM 1.80b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 14.48% (prev 15.03%)
Tobins Q-Ratio = 0.64 (Enterprise Value 1.11b / Total Assets 1.75b)
Interest Expense / Debt = 1.37% (Interest Expense 9.73m / Debt 709.4m)
Taxrate = 21.0% (US default 21%)
NOPAT = 13.6m (EBIT 17.2m * (1 - 21.00%))
Current Ratio = 2.28 (Total Current Assets 1.03b / Total Current Liabilities 453.4m)
Debt / Equity = 1.25 (Debt 709.4m / totalStockholderEquity, last quarter 569.1m)
Debt / EBITDA = 5.79 (Net Debt 504.0m / EBITDA 87.1m)
Debt / FCF = -20.93 (negative FCF - burning cash) (Net Debt 504.0m / FCF TTM -24.1m)
Total Stockholder Equity = 542.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.36% (Net Income -6.12m / Total Assets 1.75b)
RoE = -1.13% (Net Income TTM -6.12m / Total Stockholder Equity 542.5m)
RoCE = 1.56% (EBIT 17.2m / Capital Employed (Equity 542.5m + L.T.Debt 556.8m))
RoIC = 1.21% (NOPAT 13.6m / Invested Capital 1.12b)
WACC = 6.02% (E(610.1m)/V(1.32b) * Re(11.76%) + D(709.4m)/V(1.32b) * Rd(1.37%) * (1-Tc(0.21)))
Discount Rate = 11.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 2.02%
Fair Price DCF = unknown (Cash Flow -24.1m)
EPS Correlation: -88.12 | EPS CAGR: -25.46% | SUE: 0.64 | # QB: 0
Revenue Correlation: -49.71 | Revenue CAGR: -1.18% | SUE: 0.33 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.10 | Chg30d=-0.047 | Revisions Net=-3 | Analysts=3
EPS next Year (2026-12-31): EPS=0.33 | Chg30d=-0.125 | Revisions Net=-4 | Growth EPS=+265.8% | Growth Revenue=+4.0%