Titan International Inc. (DE) Common Stock (TWI)

FairStock Score: 35/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I start with the business and the balance sheet. Titan sells wheels, tires, and undercarriage components into off-highway markets: farm, construction, and consumer. Revenue has been stuck near $1.8B in fiscal 2023, fiscal 2024, and fiscal 2025. Profits have been erratic. Fiscal 2023 net income was $78.8M, or $1.25 per diluted share. Fiscal 2024 swung to a net loss of $5.6M, or $0.08 per diluted share. Fiscal 2025 worsened to a net loss of $63.5M, or $1.00 per diluted share. FairStock therefore labels it a TURNAROUND — loss in the latest year after earlier profits. The latest quarter offers a flicker. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $484.8M, net income $5.8M, and diluted EPS $0.09. But fiscal Q1 2026, the quarter ended 2026-03-31, had revenue $505.1M and a net loss of $24.2M, or $0.38 per share. The fiscal Q2 2026 net margin was only 1.19%, so I see no wide moat or pricing power. Financial health is strained: trailing free cash flow was -$8.6M, debt-to-equity 1.41, and FairStock calculations show Altman Z-Score 0.98, ROE -13.89%, and ROCE 0.93%. FairStock calculations at the 2026-10-13 close of $6.98 put P/B at 0.90 and EV/EBITDA at 12.55. A below-book price can attract Graham-style attention, but negative cash flow and high leverage mean book value is not automatic protection. FairStock Score 35/100. I would want repeated positive earnings and cash generation before calling this a safe bargain.

In plain English: Titan International makes wheels, tires, and undercarriage parts for farm, construction, and other off-highway machines. The business has been weak lately: it lost money in fiscal 2025 and in the first quarter of 2026, though it earned a small profit in the latest quarter. The stock price is close to the accounting value of its net assets, but with negative cash flow and high debt, it does not look clearly cheap versus its current numbers.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer