Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Titan International's Enterprise Value is $1,130 Mil.
Titan International's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $100 Mil. Therefore, Titan International's EV-to-EBIT ratio for today is 11.35.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Titan International's Enterprise Value is $1,130 Mil.
Titan International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $143 Mil. Therefore, Titan International's EV-to-EBITDA ratio for today is 7.89.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Titan International's Enterprise Value is $1,130 Mil.
Titan International's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $1,755 Mil. Therefore, Titan International's EV-to-Revenue ratio for today is 0.64.
Titan International Enterprise Value Historical Data
The historical data trend for Titan International's Enterprise Value 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.
Competitive Comparison of Titan International's Enterprise Value
For the Farm & Heavy Construction Machinery subindustry, Titan International's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Titan International's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Titan International's Enterprise Value falls into.
Titan International Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Titan International's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Titan International's current Enterprise Value is $1,130 Mil.
Titan International's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $100 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Titan International's current Enterprise Value is $1,130 Mil.
Titan International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $143 Mil.
Titan International's current Enterprise Value is $1,130 Mil.
Titan International's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,755 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 Enterprise Value Related Terms
Thank you for viewing the detailed overview of Titan International's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Titan International (Titan International) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TWI has been successfully added to your 