Titan International supplies wheels, tires, assemblies and undercarriage product for off-highway equipment used in agricultural, earthmoving/construction and consumer applications. The company was founded in 1890 and is based in Quincy, Illinois.
TWI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TWI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Titan International Inc ranked in the 21th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Titan International Inc ended up being:
The company's debt burden, as measured by earnings divided by interest payments, is -1.05 -- which is good for besting only 15.21% of its peer stocks (US stocks in the Industrials sector with positive cash flow).
The company's compound free cash flow growth rate over the past 5.45 years comes in at -0.09%; that's greater than merely 15.13% of US stocks we're applying DCF forecasting to.
Titan International Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BDC, CNI, GNRC, PNR, and CLCT can be thought of as valuation peers to TWI, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.
Titan International, Inc. (TWI) Q2 2020 Earnings Conference Call August 06, 2020, 09:00 AM ET Company Participants Todd Shoot - Senior Vice President, Investor Relations and Treasurer Maurice Taylor - Chairman Paul Reitz - President and Chief Executive Officer David Martin - Senior Vice President and Chief Financial Officer Conference...
Titan International, Inc., manufacturer of Titan Tires, Titan Wheels and Goodyear® Farm Tires, is proud to announce that John Deere's three largest 8R-Series MFWD tractors — the 8R 340, 8R 370, and 8R 410 — can now be ordered with Goodyear Super Single Low Sidewall® (LSW) Technology tires for model year 2021 when equipped with Independent Link Suspension.