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Titan Machinery Inc. TITN R2K

Industrials · Industrial Distribution · United States
https://www.titanmachinery.com

Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. The company operates through four segments: Agriculture, Construction, Europe, and Australia. It sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well as equipment from various other manufacturers. The company offers agricultural equipment, including machinery and attachments for use in the production of food, fiber, feed grain, feedstock, and renewable energy; and home and garden applications, as well as maintenance of commercial, residential, and government properties. It also provides construction equipment, such as heavy construction machinery, light industrial machinery for commercial and residential construction, and road and highway construction machinery. In addition, the company offers repair and maintenance services that include warranty repairs, off-site and on-site repair services, scheduling off-season maintenance services, and notifying customers of periodic service requirements; and training programs to customers, as well as sells maintenance and replacement parts. Further, the company rents equipment; and provides ancillary equipment support services, such as equipment transportation, global positioning system signal subscriptions and other precision farming products, farm data management products, and finance and insurance products. It operates in Colorado, Idaho, Iowa, Kansas, Minnesota, Nebraska, North Dakota, South Dakota, Wisconsin, and Wyoming, the United States; Bulgaria, Germany, Romania, and Ukraine, Europe; and New South Wales, South Australia, and Victoria, and Australia. The company was founded in 1980 and is headquartered in West Fargo, North Dakota.

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$21.82
+16.81% 1Y

Market & Price

Market Cap
$508.61M
Current Price
$21.82
High / Low (52W)
$21.82 / $14.15
Beta
1.38

Valuation

Stock P/E
-
Industry PE
28.38
Forward P/E
-
PEG Ratio
1.77
Book Value
$25.43
Price to Book
0.86
P/S
0.21
EV/EBITDA
37.32
Dividend Yield
-

Profitability & Returns

ROCE
-0.28%
ROE
-9.08%
ROA
-0.10%
Profit Margin
-2.23%
Op Margin
-1.36%
EPS (Latest Qtr)
$-1.59
EPS (TTM)
$-2.38

Balance Sheet & Liquidity

Debt/Equity
1.44
Quick Ratio
0.20
Current Ratio
1.41
Debt
$833.17M
Total Assets
$1.62B
Current Assets
$1.09B
Working Capital
$318.02M

Ownership

Promoter Holding
11.06%
Chg in Prom Hold
-
FII / Inst Holding
92.22%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
$1.30B
Total Revenue (TTM)
$2.43B
EBITDA
$34.88M
Free Cash Flow
$186.06M
Operating Cash Flow
$137.45M
Shares Outstanding
23.31M
Gross Margin
15.76%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
3.18%
Profit 5Y
-51.06%
Revenue (YoY)
-15.50%
Earnings (YoY)
-

PROS

  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Earnings shrank at -51.1% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 TITN Titan Machinery Inc. R2K 21.82 - $508.61M - -0.28% -9.08% 3.18% -51.06%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Apr 2015Jul 2015Oct 2015Jan 2016Apr 2016Jul 2016Oct 2016Jan 2017Apr 2017Jul 2017Oct 2017Jan 2018Apr 2018Jul 2018Oct 2018Jan 2019Apr 2019Jul 2019Oct 2019Jan 2020Apr 2020Jul 2020Oct 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026
Revenue -----------------------------569.63M642.57M694.12M628.70M633.67M-759.92M594.34M546.43M644.51M641.83M
Cost of Revenue -----------------------------------708.92M503.40M452.78M533.49M554.88M
Gross Profit 60.44M62.07M67.14M16.27M53.55M52.93M58.43M48.82M48.92M52.81M61.48M52.10M47.56M58.90M69.54M55.59M53.90M64.03M71.77M61.12M58.41M62.69M72.55M70.98M75.02M92.48M88.69M102.70M139.58M118.58M133.40M138.34M121.75M112.38M-51.00M90.94M93.65M111.02M86.96M
Operating Expenses -----------------------------------96.69M96.40M92.66M100.47M95.70M
Operating Income 1.72M6.79M13.63M--1.20M1.42M5.01M--5.41M-3.27M8.52M-831.00K10.55M16.08M-1.21M9.17M13.54M-5.14M9.61M15.88M14.54M16.45M29.54M24.54M33.87M54.72M37.27M44.65M46.23M22.60M15.75M--45.69M-5.47M985.00K10.54M-8.74M
EBITDA ------------------------------------35.88M3.18M12.71M23.59M-3.76M
Interest Expense -----------------------------------13.00M11.55M11.54M10.94M9.55M
Pretax Income ------------------------------------58.79M-17.28M-8.24M2.81M-22.70M
Tax Provision ------------------------------------15.03M-4.08M-2.24M1.61M13.47M
Net Income -6.30M6.00K3.46M-35.05M-3.68M-2.52M264.00K-8.24M-5.93M-5.19M2.38M1.69M-1.59M5.18M10.78M-2.16M-445.00K5.51M8.21M673.00K2.26M6.40M9.91M10.55M11.25M21.82M17.54M24.96M41.26M26.96M31.32M30.19M9.44M-4.30M--43.76M-13.20M-6.00M1.20M-36.17M
Diluted EPS -0.290.000.16-1.62-0.17-0.120.01-0.38-0.27-0.240.110.08-0.070.230.48-0.10-0.020.250.370.030.100.280.440.470.500.970.781.101.821.191.381.320.41-0.19--1.93-0.58-0.260.05-1.59

Profit & Loss (Annual)

Figures in USD.

Metric Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Revenue -------------2.21B2.76B2.70B2.43B
Cost of Revenue -------------1.77B2.23B2.31B2.04B
Gross Profit 141.09M174.57M275.46M339.36M348.07M308.38M205.91M213.73M215.30M231.59M250.82M261.36M-439.84M531.35M395.63M382.56M
Operating Expenses -------------301.52M362.51M389.78M385.24M
Operating Income 32.10M44.03M81.60M91.80M46.88M723.00K-23.11M-2.37M925.00K27.48M21.33M37.41M-138.32M168.84M5.85M-2.68M
EBITDA -------------167.38M203.62M42.61M35.24M
Interest Expense -------------6.94M21.11M53.99M43.08M
Pretax Income -------------135.24M151.04M-49.98M-45.41M
Tax Provision -------------33.37M38.60M-13.07M8.77M
Net Income -22.34M44.16M42.47M8.85M-32.16M-37.89M-14.18M-7.05M12.18M13.95M19.36M-101.87M112.44M-36.91M-54.17M
Diluted EPS 0.881.232.182.000.41-1.51-1.76-0.65-0.320.550.630.86-4.494.92-1.63-2.38

Compounded Sales Growth

5 Years:3.18%
1 Year:-15.50%

Compounded Profit Growth

5 Years:-51.06%
1 Year:-

Stock Price Performance

1 Year:+16.81%
6 Months:+11.95%
3 Months:+11.95%
1 Month:+7.65%

Balance Sheet (Annual)

Figures in USD.

Metric Jan 2009Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Total Assets --648.85M1.09B1.44B1.56B1.33B1.05B771.42M760.31M792.44M975.34M815.79M-1.19B1.99B1.81B1.62B
Current Assets --------------869.25M1.52B1.29B1.09B
Cash & Equivalents 41.05M76.19M76.11M79.84M124.36M74.24M127.53M89.47M53.15M53.40M56.74M43.72M78.99M-43.91M38.07M35.90M28.16M
Inventory --------------703.94M1.30B1.11B903.09M
Receivables --------------62.14M114.77M70.58M78.29M
Total Liabilities --------------652.39M1.33B1.20B1.04B
Current Liabilities --388.05M661.88M804.93M875.04M727.52M523.42M308.83M328.29M420.45M494.16M317.50M-498.15M1.15B960.96M771.96M
Long Term Debt ------------44.91M-89.95M106.41M157.77M158.56M
Total Debt --------------413.93M1.08B1.00B826.00M
Total Equity --214.56M336.34M396.51M408.77M376.50M337.56M321.18M321.86M335.31M345.10M345.10M-536.31M657.64M614.08M579.30M
Shares Outstanding --------------22.70M22.85M23.12M23.36M

Cash Flows (Annual)

Figures in USD.

Metric Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Operating Cash Flow ---------46.60M955.00K173.00M-10.82M-32.28M70.29M137.45M
Investing Cash Flow ----------25.83M-36.47M-20.30M--134.06M-163.37M-47.75M-22.71M
Financing Cash Flow ----------16.73M22.87M-117.94M-21.96M188.58M-23.62M-123.70M
Capital Expenditure -12.39M-13.30M-18.78M-26.47M-18.23M-16.21M-8.07M-9.29M-13.54M-6.29M-10.71M---37.21M-62.36M-51.84M-22.36M
Free Cash Flow ---------40.32M-9.76M---26.39M-94.64M18.45M115.09M
Net Change in Cash --------------101.29M-7.08M-1.07M-8.96M

Ratios (Annual)

Figures in %.

Metric Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jan 2026
Gross Margin % -------------19.9%19.3%14.6%15.8%
Operating Margin % -------------6.3%6.1%0.2%-0.1%
Net Margin % -------------4.6%4.1%-1.4%-2.2%
ROE % -10.4%13.1%10.7%2.2%-8.5%-11.2%-4.4%-2.2%3.6%4.0%5.6%-19.0%17.1%-6.0%-9.4%
ROCE % -16.9%19.1%14.4%6.8%0.1%-4.4%-0.5%0.2%7.4%4.4%7.5%-20.0%20.1%0.7%-0.3%

Shareholding Pattern

Insiders
11.06%
Institutions
92.22%
Public Float
103.69%

Top Institutional Holders

#Holder% HeldSharesValue
1 Mirae Asset Global ETFs Holdings Ltd. 9.62% 2.24M $48.93M
2 Blackrock Inc. 6.73% 1.57M $34.24M
3 Nantahala Capital Management, LLC 5.38% 1.25M $27.37M
4 Dimensional Fund Advisors LP 4.73% 1.10M $24.04M
5 Royce & Associates LP 3.92% 914.39K $19.95M
6 Vanguard Capital Management LLC 3.86% 899.10K $19.62M
7 First Eagle Investment Management, LLC 3.44% 801.20K $17.48M
8 William Blair Investment Management, LLC 3.16% 737.26K $16.09M
9 Morgan Stanley 3.16% 735.82K $16.06M
10 Janus Henderson Group PLC 3.09% 719.64K $15.70M

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