Business Description

Titan International Inc manufactures wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates in three segments: Agricultural, Earthmoving/Construction, and Consumer. Titan's business is geographically spread across the United States, Europe / CIS, Latin America, and Other international regions. The Agricultural segment, which manufactures various equipment such as tractors, combines, plows, and irrigation equipment, generates the majority of the company's revenue. These products are sold directly to original equipment manufacturers and through independent distributors, equipment dealers, and Titan's distribution centers.

Corporate Information

Address:2701 SPRUCE ST QUINCY IL 62301
Website:www.titan-intl.com
Sector:STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
Exchange:XNYS

Key Statistics / Analysis

Beta:2.084
Forward EPS:1.80
Forward P/E:6.12
EV/EBITDA:4.652
P/B:1.43
Analyst Price:$19
Analyst Recommendation:Hold

Discounted Cash Flow Summary

Worst caseBase caseBest case

Intrinsic Equity Value

1.90B2.93B4.03B

Implied Share Price

$26.24$40.37$55.58

Upside

273.26%474.25%690.61%