Added to YB: 2025-01-03
Pitch date: 2024-11-18
TITC.AT [bullish]
Titan Cement International S.A.
+41.19%
current return
Author Info
No bio for this author
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 32.51
Price Target
61.00 (+33%)
Dividend
7.65%
EV/EBITDA
6.12
P/E
10.09
EV/Sales
1.35
Sector
Construction Materials
Category
special_situation
Titan Cement International S.A. - $TITC.AT
TITC.AT: Cement co spinning off US biz (60% EBITDA) Q125. US: largest in FL/VA/NC, 11-12% EBITDA CAGR, 11x peers. EU: #1-2 in Balkans. Bull case €61 (+88%): US 11x €350M, Int'l 6x €270M EBITDA. Risks: spin delay, weak macro, carbon transition. Catalyst: US IPO.
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