Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. More Details
Adequate balance sheet with proven track record.
Share Price & News
How has Titan Machinery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TITN's share price has been volatile over the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: TITN underperformed the US Trade Distributors industry which returned 4.6% over the past year.
Return vs Market: TITN underperformed the US Market which returned 15.6% over the past year.
Price Volatility Vs. Market
How volatile is Titan Machinery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StAt US$14.85, Is Titan Machinery Inc. (NASDAQ:TITN) Worth Looking At Closely?
3 weeks ago | Simply Wall StShould We Be Cautious About Titan Machinery Inc.'s (NASDAQ:TITN) ROE Of 4.9%?
1 month ago | Simply Wall StTitan Machinery (NASDAQ:TITN) Use Of Debt Could Be Considered Risky
Is Titan Machinery undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TITN's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TITN's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TITN is poor value based on its PE Ratio (20x) compared to the US Trade Distributors industry average (18.2x).
PE vs Market: TITN is poor value based on its PE Ratio (20x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: TITN is poor value based on its PEG Ratio (20.3x)
Price to Book Ratio
PB vs Industry: TITN is good value based on its PB Ratio (1x) compared to the US Trade Distributors industry average (1.5x).
How is Titan Machinery forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TITN's forecast earnings growth (1% per year) is below the savings rate (2.2%).
Earnings vs Market: TITN's earnings (1% per year) are forecast to grow slower than the US market (22.2% per year).
High Growth Earnings: TITN's earnings are forecast to grow, but not significantly.
Revenue vs Market: TITN's revenue (3% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: TITN's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TITN's Return on Equity is forecast to be high in 3 years time
How has Titan Machinery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TITN has high quality earnings.
Growing Profit Margin: TITN's current net profit margins (1.3%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: TITN has become profitable over the past 5 years, growing earnings by 66.1% per year.
Accelerating Growth: TITN's earnings growth over the past year (28.6%) is below its 5-year average (66.1% per year).
Earnings vs Industry: TITN earnings growth over the past year (28.6%) exceeded the Trade Distributors industry -0.5%.
Return on Equity
High ROE: TITN's Return on Equity (4.9%) is considered low.
How is Titan Machinery's financial position?
Financial Position Analysis
Short Term Liabilities: TITN's short term assets ($698.1M) exceed its short term liabilities ($449.9M).
Long Term Liabilities: TITN's short term assets ($698.1M) exceed its long term liabilities ($143.4M).
Debt to Equity History and Analysis
Debt Level: TITN's debt to equity ratio (109.3%) is considered high.
Reducing Debt: TITN's debt to equity ratio has reduced from 217% to 109.3% over the past 5 years.
Debt Coverage: TITN's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: TITN's interest payments on its debt are well covered by EBIT (3.2x coverage).
What is Titan Machinery current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TITN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TITN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TITN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TITN's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TITN's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Meyer (67 yo)
Mr. David Joseph Meyer co-founded Titan Machinery, Inc. in 1980 and has been its Chairman and Director since 1980. Mr. Meyer serves as the Chief Executive Officer of Titan Machinery, Inc. From 1976 to 1980 ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD483.40K) is below average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
|Co-Founder||no data||US$483.40k||12.91% |
|CFO & Treasurer||9.5yrs||US$875.99k||0.84% |
|Chief Operating Officer||3.17yrs||US$759.66k||0.29% |
|Vice President of Human Resources & Administration||5.25yrs||no data||no data|
|General Counsel||5.25yrs||no data||no data|
|Chief Strategy Officer||no data||no data||no data|
|Chief Experience Officer||no data||no data||no data|
Experienced Management: TITN's management team is seasoned and experienced (5.3 years average tenure).
|Co-Founder||no data||US$483.40k||12.91% |
|Independent Director||17.75yrs||US$120.00k||1.32% |
|Independent Director||5.33yrs||US$145.00k||0.13% |
|Lead Independent Director||3.33yrs||US$135.00k||0.19% |
|Independent Director||2.58yrs||US$120.00k||0.069% |
|Independent Director||3.58yrs||US$120.00k||0.14% |
|Independent Director||5.17yrs||US$130.00k||0.13% |
Experienced Board: TITN's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Titan Machinery Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Titan Machinery Inc.
- Ticker: TITN
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$346.555m
- Shares outstanding: 22.17m
- Website: https://www.titanmachinery.com
Number of Employees
- Titan Machinery Inc.
- 644 East Beaton Drive
- West Fargo
- North Dakota
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TITN||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Dec 2007|
|3TY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2007|
Titan Machinery Inc. owns and operates a network of full-service agricultural and construction equipment stores. It operates through three segments: Agriculture, Construction, and International. The compan ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/29 00:52|
|End of Day Share Price||2020/10/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.