Titanium Transportation (TTNM) AI Stock Analysis

• Market Cap: C$66.33M
• Dividend Yield: 5.48%
• Average Volume (3M): 33.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.45
• Revenue Growth: 4.74%
• EPS Growth: -478.84%
• Country: CA
• Employees: 1,100
• Sector: Industrials
• Sector Strength: 94
• Industry: Integrated Freight & Logistics
• EPS (TTM): -0.08
• Shares Outstanding: 45,430,656
• 10 Day Avg. Volume: 16,079
• 30 Day Avg. Volume: 33,516
• PEG Ratio: 0.14
• Price to Book (P/B): 0.85
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 2.31
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.75
• Price Target Upside: 88.36% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4

• Rating: 61 Neutral
• Price Target: C$1.50 ▲(2.74%Upside)

Titanium Transportation's overall score is bolstered by its strategic shift towards an asset-light model and successful debt reduction, highlighted in recent earnings and corporate events. However, financial performance and valuation concerns, particularly negative earnings, weigh down the score. Technical indicators add to a cautious outlook despite positive momentum in corporate strategy.

Positive Factors

Business Expansion

TTNM expects to have its two newest brokerage offices, in Virginia and Texas, up and running in Q2/25, which should continue to fuel high ROIC organic growth.

Financial Performance

Titanium's balance sheet continues to improve, with the company generating $16M in free cash flow in the quarter, allowing it to reduce net debt.

Logistics Segment Growth

The Logistics segment continues to deliver strong growth with an 18% year-over-year revenue increase driven by the company's expansion strategy.

Negative Factors

Dividend Suspension

Titanium announced it is suspending its quarterly dividend to strengthen its balance sheet in response to market uncertainties.

Earnings Shortfall

Q1/2025 EBITDA of $8.8M missed both the $9.5M consensus and the $9.4M estimate by approximately 7% due to lighter-than-expected margins.

Tariff Impact

The North American growth forecast has deteriorated, driven mostly by higher international tariffs and concerns over inflation, interest rates, and geopolitical issues.

Titanium Transportation Business Overview & Revenue Model

Company Description

Titanium Transportation Group Inc., together with its subsidiaries, provides asset-based transportation and logistics services in North America. It operates in two segments, Truck Transportation and Logistics. The Truck Transportation segment provides pickup and delivery of general merchandise by long-haul, dedicated, and local trucking services through various trailer types, including 53' dry vans, flatbeds, step-decks, heavy axle trailers, and other specialty equipment. The Logistics segment provides non-asset-based broker services, which include ancillary transportation services, such as third party logistics and freight forwarding services. This segment also provides truckload and less than truckload freight services on vans, flatbeds, and other specialty equipment; and intermodal services, international ocean and air shipping, and emergency and expedited services, as well as specialty services for hazardous and fragile products. The company also offers inventory warehousing and distribution services. It serves customers across various industries, including multinational corporations. The company was founded in 2002 and is headquartered in Bolton, Canada.

How the Company Makes Money

Titanium Transportation generates revenue through multiple streams, primarily from its Truck Transportation and Logistics segments. The Truck Transportation segment earns income by providing dedicated truckload services, where the company charges clients for transporting goods using its fleet. The Logistics segment contributes through freight brokerage services, where Titanium acts as an intermediary, connecting shippers with carriers and earning a commission on each transaction. Additionally, the company provides third-party logistics solutions, offering end-to-end supply chain management services that generate fees based on the complexity and scope of the logistics operations. Strategic partnerships with key industry players also enhance Titanium's service offerings and contribute to its revenue growth.

Titanium Transportation Financial Statement Overview

Summary

Titanium Transportation faces challenges with declining revenues and profitability, compounded by high leverage on the balance sheet. Cash flow remains a strong point, providing a cushion against operational inefficiencies. Strategic debt management and revenue growth initiatives could strengthen their financial position.

Income Statement

The company shows a declining trend in revenue and profitability, with the most recent year reporting a drop in revenue and gross profit. Net income turned negative, and both EBIT and net profit margins took a hit. However, historical data shows some periods of profitability and growth, indicating potential for recovery if managed well.

Balance Sheet

The balance sheet reflects a high level of debt relative to equity, which presents leverage risk. The equity ratio has decreased over the years, indicating a heavier reliance on debt financing. However, the company maintains a relatively stable asset base, which offers some leverage for future growth if debt is managed effectively.

Cash Flow

The company’s cash flow is mixed, with free cash flow showing improvement in the latest period. Operating cash flow coverage of net income is solid, suggesting good cash generation capabilities despite recent net income losses. However, volatility in free cash flow indicates potential challenges in cash management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	460.25M	438.69M	496.37M	399.44M	200.74M
Gross Profit	20.68M	34.60M	45.50M	20.66M	15.35M
EBITDA	21.77M	56.52M	66.00M	32.07M	25.04M
Net Income	-24.01M	10.23M	24.88M	5.04M	6.27M
Balance Sheet
Total Assets	299.93M	356.00M	281.14M	233.67M	138.76M
Cash, Cash Equivalents and Short-Term Investments	4.32M	9.33M	34.89M	18.05M	3.09M
Total Debt	172.26M	207.21M	130.32M	104.83M	60.34M
Total Liabilities	220.02M	251.45M	182.92M	159.95M	91.69M
Stockholders Equity	79.91M	104.55M	98.22M	73.71M	47.07M
Cash Flow
Free Cash Flow	13.59M	-41.41M	-27.06M	12.65M	15.78M
Operating Cash Flow	25.70M	37.61M	43.47M	13.30M	15.84M
Investing Cash Flow	11.46M	-108.29M	-46.14M	-28.59M	4.78M
Financing Cash Flow	-43.65M	45.13M	19.52M	30.24M	-17.98M

Titanium Transportation Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.46
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TTNM, the sentiment is Negative. The current price of 1.46 is below the 20-day moving average (MA) of 1.48, below the 50-day MA of 1.48, and below the 200-day MA of 1.80, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.33 is Neutral, neither overbought nor oversold. The STOCH value of 17.78 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TTNM.

Titanium Transportation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CJT	76 Outperform	C$1.56B	12.88	15.65%	1.39%	16.28%	239.02%
AND	76 Outperform	$2.08B	30.28	15.10%	0.86%	1.72%	13.48%
WJX	73 Outperform	C$504.13M	12.33	8.09%	6.01%	-2.65%	-47.65%
MTL	73 Outperform	C$1.16B	12.21	9.99%	6.25%	5.52%	-18.01%
AFN	70 Outperform	C$799.35M	26.96	-12.61%	1.41%	-7.86%	-171.51%
Sector *	65 Neutral	$11.06B	15.73	5.16%	1.93%	3.12%	-25.59%
TTNM	61 Neutral	C$66.33M	―	-25.37%	5.48%	4.74%	-478.84%

Titanium Transportation Corporate Events

Titanium Transportation Announces Board Election Results and Auditor Reappointment

Titanium Transportation Group Inc. announced the successful election of all nominees to its Board of Directors at the Annual General Meeting of Shareholders, with each director serving until the next meeting. The shareholders also approved the reappointment of KPMG LLP as the independent auditor for 2025, reflecting strong shareholder support and continuity in the company’s governance structure.

The most recent analyst rating on (TSE:TTNM) stock is a Buy with a C$3.50 price target. To see the full list of analyst forecasts on Titanium Transportation stock, see the TSE:TTNM Stock Forecast page.

Titanium Transportation Reports Revenue Growth Amid Market Challenges

Titanium Transportation Group reported a 7.5% year-over-year revenue growth for Q1 2025, reaching $121 million, despite challenging market conditions. The company’s logistics segment showed significant growth, with revenue increasing by 17.6%, driven by customer wins and the scalability of its asset-light model. The strategic divestiture of non-core assets and a reduction in loans and lease liabilities enhanced Titanium’s financial flexibility, while the expansion of its U.S. logistics footprint with a new office in Irving, TX, positioned the company for sustainable growth and long-term shareholder value.

The most recent analyst rating on (TSE:TTNM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Titanium Transportation stock, see the TSE:TTNM Stock Forecast page.

Titanium Transportation to Announce Q1 2025 Results and Host Conference Call

Titanium Transportation Group Inc. announced it will release its financial results for the first quarter of 2025 on May 13, followed by a conference call on May 14 to discuss these results. The announcement corrects previously stated dates and provides details for accessing the conference call and its replay. This release is significant as it keeps stakeholders informed about the company’s financial performance and strategic direction, potentially impacting investor confidence and market positioning.

Titanium Transportation to Announce Q1 2025 Financial Results

Titanium Transportation Group Inc. announced it will release its financial results for the first quarter of 2025 on May 12, 2025, after market close. The company will also hold a conference call on May 13, 2025, to discuss these results with analysts and investors. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and future prospects, potentially impacting its market positioning and investor confidence.