Titanium Transportation (TSE:TTNM)
TSX:TTNM
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Titanium Transportation
(TSX:TTNM)
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Rating:52Neutral
Price Target:
C$2.00
▼(-8.68% Downside)
Action:ReiteratedDate:01/17/26
The score is held back primarily by weak financial performance—sharp TTM revenue decline, net losses, and still-elevated leverage—despite improved free cash flow and ongoing deleveraging. Technicals add support with strong momentum above key moving averages, but overbought RSI increases near-term risk. Earnings-call guidance and operational improvements are constructive, while valuation remains challenged due to negative earnings and no stated dividend yield.
Positive Factors
Operational Efficiency
The strong EBITDA margin in the Truck Transportation segment indicates improved operational efficiency, which can enhance profitability and competitiveness in the long term.
Negative Factors
High Leverage
High leverage indicates financial risk, as it can limit the company's ability to invest in growth and make it vulnerable to interest rate increases, impacting long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Operational Efficiency
The strong EBITDA margin in the Truck Transportation segment indicates improved operational efficiency, which can enhance profitability and competitiveness in the long term.
Read all positive factors
Titanium Transportation (TTNM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$102.71M
Dividend YieldN/A
Average Volume (3M)27.42K
Price to Earnings (P/E)27.2
Beta (1Y)0.57
Revenue Growth0.46%
EPS Growth-1160.80%
CountryCA
Employees1,100
SectorIndustrials
Sector Strength72
IndustryIntegrated Freight & Logistics
Share Statistics
EPS (TTM)0.01
Shares Outstanding46,477,330
10 Day Avg. Volume26,704
30 Day Avg. Volume27,421
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)1.31
Price to Sales (P/S)0.23
P/FCF Ratio7.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.07
Revenue Forecast (FY)C$495.90M
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 prov...
How the Company Makes Money
Titanium Transportation generates revenue primarily through its freight transportation services, which include full truckload and less-than-truckload shipments. The company earns money by charging clients for the transportation of goods, often bas...
Titanium Transportation Earnings Call Summary
Earnings Call Date:Nov 10, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 18, 2026
Earnings Call Sentiment Neutral
The earnings call reflects a mix of positive developments, such as improved operating income, strategic debt reduction, and stable demand trends, alongside challenges like revenue decline and margin compression. The company is focused on strategic execution and market adaptation.Positive Updates
Positive Operating Income in Logistics and Truck Transportation
Both segments delivered positive operating income for the second consecutive quarter, reflecting strategic actions and operational efficiency.
Negative Updates
Overall Revenue Decline
Consolidated revenue decreased to $115.7 million from $118.4 million in the same period last year, reflecting market softness.
Read all updates
Q3-2025 Updates
Positive
Negative
Positive Operating Income in Logistics and Truck Transportation
Both segments delivered positive operating income for the second consecutive quarter, reflecting strategic actions and operational efficiency.
Read all positive updates
Company Guidance
During the call, Titanium provided guidance for the next quarter, estimating revenue between $112 million and $117 million, with an EBITDA margin of 8.5% to 9.5%. The company reported consolidated revenue of $115.7 million for the third quarter, with an EBITDA of $8.9 million and a margin of 8.7%. The Truck Transportation segment generated $53.8 million in revenue and achieved an EBITDA of $7.7 million with a 16.1% margin, reflecting operational efficiency improvements. The Logistics segment saw a 3.3% increase in revenue to $62.9 million, driven by a 19% organic volume growth, despite a 4.2% EBITDA margin due to pricing pressures. Titanium ended the quarter with $20.7 million in cash and repaid $8.9 million in debt, emphasizing their focus on debt reduction and maintaining financial flexibility. The company anticipates minimal capital expenditures for the upcoming year while continuing to prioritize operational discipline and margin protection.Titanium Transportation Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
42
Neutral
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 470.09M | 460.25M | 413.69M | 496.37M | 399.44M | 200.74M |
| Gross Profit | 25.74M | 20.68M | 32.86M | 45.50M | 20.66M | 15.35M |
| EBITDA | 15.59M | 21.77M | 55.33M | 66.00M | 32.07M | 25.04M |
| Net Income | -22.67M | -24.01M | 10.23M | 24.88M | 5.04M | 6.27M |
Balance Sheet | ||||||
| Total Assets | 286.18M | 299.93M | 356.00M | 281.14M | 233.67M | 138.76M |
| Cash, Cash Equivalents and Short-Term Investments | 20.74M | 4.32M | 9.33M | 34.89M | 18.05M | 3.09M |
| Total Debt | 148.26M | 172.26M | 207.21M | 130.32M | 104.83M | 60.34M |
| Total Liabilities | 206.18M | 220.02M | 251.45M | 182.92M | 159.95M | 91.69M |
| Stockholders Equity | 80.00M | 79.91M | 104.55M | 98.22M | 73.71M | 47.07M |
Cash Flow | ||||||
| Free Cash Flow | 27.20M | 13.59M | -41.41M | -27.06M | 12.65M | 15.78M |
| Operating Cash Flow | 30.39M | 25.70M | 37.61M | 43.47M | 13.30M | 15.84M |
| Investing Cash Flow | 7.30M | 11.46M | -108.29M | -46.14M | -28.59M | 4.78M |
| Financing Cash Flow | -22.96M | -43.65M | 45.13M | 19.52M | 30.24M | -17.98M |
Titanium Transportation Technical Analysis
Neutral
2.19
Price Trends
2.20
Positive
1.87
Positive
1.64
Positive
Market Momentum
0.01
Positive
57.03
Neutral
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TTNM, the sentiment is Neutral. The current price of 2.19 is below the 20-day moving average (MA) of 2.21, below the 50-day MA of 2.20, and above the 200-day MA of 1.64, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 57.03 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:TTNM.
Titanium Transportation Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | C$89.36B | 17.92 | 21.95% | 2.62% | 0.23% | -13.22% | |
74 Outperform | C$880.32M | 5.36 | 15.49% | 4.27% | 8.54% | 33.89% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
63 Neutral | C$13.02B | 29.16 | 11.65% | 1.75% | -0.25% | -28.71% | |
61 Neutral | C$1.66B | 15.25 | 9.33% | 5.21% | 5.53% | -21.87% | |
52 Neutral | C$102.71M | 27.22 | -23.32% | ― | 0.46% | -1160.80% | |
52 Neutral | C$1.27B | 16.01 | 10.73% | 1.67% | 7.71% | 3170.43% |
* Industrials Sector Average
TSE:TTNM
Titanium Transportation
2.21
0.91
70.00%
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Titanium Transportation Corporate Events
Delistings and Listing ChangesM&A Transactions
Titanium Transportation to Go Private in $2.22‑Per‑Share Cash Deal
Positive
Jan 15, 2026
Titanium Transportation has entered into an arrangement agreement to be taken private by TTNM Management Acquisition Limited, with support from major shareholder Trunkeast Investments Canada Limited, in a transaction that values the company at $2....
Delistings and Listing ChangesM&A Transactions
Titanium Transportation to Go Private in $2.22‑per‑Share Management-Led Deal
Positive
Jan 15, 2026
Titanium Transportation Group has agreed to a going-private transaction under which TTNM Management Acquisition Limited, alongside major shareholder Trunkeast Investments Canada and other insiders, will acquire all outstanding common shares not he...
Business Operations and StrategyRegulatory Filings and Compliance
Titanium Tightens Disclosure After OSC Review, Plans New Investor Presentation for 2026
Neutral
Dec 25, 2025
Titanium Transportation Group has updated its corporate disclosure practices following a review by the Ontario Securities Commission, removing its Q1 2025 corporate presentation and committing to clearer, more balanced treatment of forward-looking...
Business Operations and StrategyFinancial Disclosures
Titanium Transportation Achieves Positive Q3 Results with Strong Logistics Growth and Debt Reduction
Positive
Nov 11, 2025
Titanium Transportation Group Inc. reported positive financial results for the third quarter of 2025, showcasing a 3.3% growth in logistics revenue and a significant reduction in debt by $8.9 million. The company achieved positive operating income...
Business Operations and StrategyFinancial Disclosures
Titanium Transportation to Release Q3 2025 Financial Results and Host Conference Call
Neutral
Nov 4, 2025
Titanium Transportation Group Inc. announced it will release its financial results for the third quarter of 2025 on November 10, 2025, after market close. The company will hold a conference call on November 11, 2025, at 8:00 a.m. Eastern Time for ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.