Added to YB: 2025-02-26
Pitch date: 2025-02-24
TITC.AT [bullish]
Titan Cement International S.A.
+21.32%
current return
Author Info
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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 37.83
Price Target
82.00 (+79%)
Dividend
7.65%
EV/EBITDA
6.12
P/E
10.09
EV/Sales
1.35
Sector
Construction Materials
Category
value
Cementing Value - Titan Cement International S.A.
TITC.AT: Cement co post-spin of US sub. RemainCo at 27% discount to EU peers, 50% to US. 50-100%+ upside via TTAM sale at 11x (vs 9x current) & RemainCo re-rate to 7x. Superior growth vs peers. Risks: no sale, cyclical downturn, weak EU growth, controlling family misalignment.
Read full article (10 min)