Professional
Added to YB: 2025-04-11
Pitch date: 2025-04-08
TITC.AT [neutral]
Titan Cement International S.A.
+29.13%
current return
Author Info
Alluvial Capital is an investment manager with a focus on overlooked and obscure securities around the world. Sign up for the newsletter.
Company Info
Titan Cement International S.A., together with its subsidiaries, engages in the production, trade, and distribution of construction materials in Greece, the Balkans, Egypt, Türkiye, the United States, and Brazil.
Market Cap
EUR 2.9B
Pitch Price
EUR 35.54
Price Target
N/A
Dividend
7.65%
EV/EBITDA
6.12
P/E
10.09
EV/Sales
1.35
Sector
Construction Materials
Category
value
The Roller Coaster - Titan Cement International S.A.
TITC.AT (holding update): Global cement producer, undervalued at 5.7x 2024 EBITDA. US IPO of TTAM enhances value. Ex-US ops at 3.8x EBITDA. >50% EBITDA from US. Long-term bullish on cement industry for pricing power & earnings growth. Trade war risk, but quality assets & management at attractive valuation.
Read full article (1 min)