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:
We started the process of determining a valid price forecast for Titan International Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Titan International Inc ranked in the 20th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 69.17%. The most interesting components of our discounted cash flow analysis for Titan International Inc ended up being:
The compound growth rate in the free cash flow of Titan International Inc over the past 5.45 years is -0.09%; that's better than only 10.9% of cash flow producing equities in the Industrials sector, where it is classified.
26% of the company's capital comes from equity, which is greater than only 10.88% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
GNRC, CP, ADSW, CLCT, and MWA 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.