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Titan International (Titan International) EV-to-EBIT : 8.24 (As of Apr. 27, 2024)


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What is Titan International EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Titan International's Enterprise Value is $1,059 Mil. Titan International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $129 Mil. Therefore, Titan International's EV-to-EBIT for today is 8.24.

The historical rank and industry rank for Titan International's EV-to-EBIT or its related term are showing as below:

TWI' s EV-to-EBIT Range Over the Past 10 Years
Min: -2043.09   Med: -1.21   Max: 72.01
Current: 8.24

During the past 13 years, the highest EV-to-EBIT of Titan International was 72.01. The lowest was -2043.09. And the median was -1.21.

TWI's EV-to-EBIT is ranked better than
66.27% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.83 vs TWI: 8.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Titan International's Enterprise Value for the quarter that ended in Dec. 2023 was $1,121 Mil. Titan International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $129 Mil. Titan International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.47%.


Titan International EV-to-EBIT Historical Data

The historical data trend for Titan International's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Titan International EV-to-EBIT Chart

Titan International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.35 -24.20 13.57 5.41 8.72

Titan International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.41 3.83 4.87 6.41 8.72

Competitive Comparison of Titan International's EV-to-EBIT

For the Farm & Heavy Construction Machinery subindustry, Titan International's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Titan International's EV-to-EBIT Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Titan International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Titan International's EV-to-EBIT falls into.



Titan International EV-to-EBIT Calculation

Titan International's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1058.671/128.533
=8.24

Titan International's current Enterprise Value is $1,059 Mil.
Titan International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $129 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Titan International  (NYSE:TWI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Titan International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=128.533/1120.821592
=11.47 %

Titan International's Enterprise Value for the quarter that ended in Dec. 2023 was $1,121 Mil.
Titan International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $129 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Titan International EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Titan International's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Titan International (Titan International) Business Description

Traded in Other Exchanges
Address
1525 Kautz Road, Suite 600, West Chicago, IL, USA, 60185
Titan International Inc is a manufacturer of wheels, tires, wheel and tire assemblies, and undercarriage systems and components for off-highway vehicles. The company operates through three segments namely Agricultural, Earthmoving/Construction, and Consumer. Geographically, business of the group can be seen in the United States, Europe / CIS, Latin America and Other international. Titan derives most of the revenue from Agricultural segment which manufacture various agricultural equipment, including tractors, combines, plows, planters and irrigation equipment, and are sold directly to original equipment manufacturers and to the aftermarket through independent distributors, equipment dealers and Titan's own distribution centers.
Executives
Max A Guinn director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Michael G Troyanovich officer: Secretary&Asst General Counsel 2701 SPRUCE STREET, QUINCY IL 62301
Anthony Eheli officer: VP, Chief Accounting Officer 2701 SPRUCE STREET, QUINCY IL 62301
Taylor Maurice M Jr director, officer: President & CEO 2701 SPRUCE STREET, QUINCY IL 62301
Paul G Reitz officer: Chief Financial Officer 1301 FIRST AVENUE, COLUMBUS GA 31901
Laura K Thompson director 200 INNOVATION WAY, AKRON OH 44316
Gary L Cowger director 5725 DELPHI DRIVE, TROY MI 48098
Mhr Institutional Advisors Iii Llc 10 percent owner 40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Holdings Llc 10 percent owner 40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Fund Management Llc 10 percent owner 1345 AVENUE OF THE AMERICAS,, 42ND FLOOR, NEW YORK NY 10105
David A Martin officer: Chief Financial Officer C/O TITAN INTERNATIONAL, INC., 2701 SPRUCE STREET, QUINCY IL 62301
Amy S Evans officer: Interim CFO 2701 SPRUCE STREET, QUINCY IL 62301
James M Froisland officer: Interim CFO 385 PERSIMMON DRIVE, ST. CHARLES IL 60174
Anthony L Soave director C/O TITAN INTERNATIONAL CORP, 2701 SPRUCE STREET, QUINCY IL 62301