Titan America SA (TTAM) AI Stock Analysis

• Market Cap: $2.82B
• Dividend Yield: 0.78%
• Average Volume (3M): 193.48K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.68
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 2,742
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 0.31
• Shares Outstanding: 184,362,470
• 10 Day Avg. Volume: 221,394
• 30 Day Avg. Volume: 193,476
• PEG Ratio: 2.60
• Price to Book (P/B): 4.11
• Price to Sales (P/S): 1.88
• P/FCF Ratio: 34.81
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: $15.00
• Price Target Upside: -3.54% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 1.05
• Revenue Forecast (FY): $1.68B

• Rating: 74 Outperform
• Price Target: $17.50 ▲(12.54% Upside)

Titan America SA's strong financial performance and positive earnings call are the primary drivers of its overall score. The company's strategic initiatives and robust cash flow position it well for future growth. However, mixed technical indicators and valuation concerns slightly temper the outlook.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and stability.

Strategic Market Expansion

Entering the precast lintel market expands product offerings, enhancing competitive positioning and opening new revenue streams.

Cash Flow Strength

Strong cash flow supports reinvestment and debt servicing, providing financial flexibility for future growth and strategic initiatives.

Negative Factors

Residential Market Challenges

Weakness in the residential market could limit demand for construction materials, impacting revenue from this segment until recovery.

Tariff Impact

Increased costs from tariffs can pressure margins, reducing profitability and potentially affecting competitive pricing strategies.

Concrete Block Volume Decline

Declining volumes in key products may signal reduced demand, necessitating strategic adjustments to maintain market share.

Titan America SA Business Overview & Revenue Model

Company Description

Titan America SA manufactures building materials. The Company produces and sells cement, ready-mix concrete, aggregates, dry mortars, building blocks, and other concrete products. Titan America serves customers worldwide.

How the Company Makes Money

Titan America generates revenue primarily through the sale of its core products, including cement, ready-mix concrete, and a range of aggregates. The company operates on a business-to-business model, supplying these materials to contractors, builders, and other construction-related businesses. Key revenue streams include long-term contracts with large construction firms, spot sales to smaller contractors, and regional distribution agreements. Additionally, Titan America has formed strategic partnerships with construction companies and local governments, enhancing its market presence and stability. The company also benefits from fluctuations in the construction market, as rising demand for infrastructure projects often leads to increased sales volumes.

Titan America SA Financial Statement Overview

Summary

Titan America SA exhibits strong financial health characterized by steady revenue growth, robust profitability margins, and a solid balance sheet. The company effectively utilizes its resources to generate cash, supporting its operations and growth prospects in the construction materials industry. While the financials are strong, continued focus on optimizing cost structures could enhance profitability further.

Income Statement

Titan America SA shows robust financial performance with consistent revenue growth over the years. The gross profit margin stands at 25.5%, net profit margin at 10.2%, and EBIT margin at 15.4% for 2024, indicating strong operational efficiency. The revenue growth rate from 2023 to 2024 is 2.7%, signifying steady expansion. However, the margins suggest room for improvement in cost management to enhance profitability further.

Balance Sheet

The balance sheet of Titan America SA is solid, with a debt-to-equity ratio of 0.61, showing a balanced approach to leverage. The return on equity is impressive at 22.1%, reflecting effective use of shareholder funds. The equity ratio is 47.9%, suggesting a stable financial position with a good proportion of equity financing.

Cash Flow

The cash flow of Titan America SA is healthy, with a free cash flow growth rate of 2.4% year over year. The operating cash flow to net income ratio is 1.49, and the free cash flow to net income ratio is 0.67, indicating efficient cash conversion from earnings. The consistent generation of cash flow supports potential reinvestment and debt servicing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	1.65B	1.63B	1.59B	1.36B
Gross Profit	427.46M	416.65M	363.49M	221.27M
EBITDA	379.12M	348.71M	315.40M	188.81M
Net Income	178.46M	166.07M	155.24M	62.72M
Balance Sheet
Total Assets	1.85B	1.57B	1.50B	1.45B
Cash, Cash Equivalents and Short-Term Investments	195.64M	12.12M	22.04M	29.84M
Total Debt	464.48M	460.18M	409.41M	462.09M
Total Liabilities	856.79M	816.24M	779.03M	854.50M
Stockholders Equity	994.61M	750.01M	719.77M	592.73M
Cash Flow
Free Cash Flow	117.55M	88.44M	108.38M	50.10M
Operating Cash Flow	263.80M	248.04M	227.13M	178.37M
Investing Cash Flow	-139.20M	-135.80M	-117.65M	-127.30M
Financing Cash Flow	65.29M	-123.33M	-117.78M	-21.66M

Titan America SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CPAC	79 Outperform	$656.21M	10.35	16.04%	6.91%	9.24%	24.01%
CX	78 Outperform	$15.58B	11.00	7.10%	0.84%	-6.34%	210.97%
TTAM	74 Outperform	$2.82B	―	―	0.78%	―	―
TGLS	70 Outperform	$2.63B	14.39	26.21%	1.21%	15.70%	19.92%
LOMA	64 Neutral	$1.37B	19.15	8.93%	―	-33.46%	-32.34%
USLM	63 Neutral	$3.27B	25.12	24.29%	0.19%	20.27%	31.94%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Titan America SA Corporate Events

Titan America Reports Strong Q3 2025 Results with Revised Revenue Outlook

On November 5, 2025, Titan America SA announced its third quarter 2025 financial results, highlighting strong operational performance and volume growth driven by infrastructure and private non-residential markets. The company reported a 6.2% increase in revenue to $436.8 million and a 44.7% rise in net income to $57.4 million compared to the same period in 2024. The improved financial results were attributed to increased aggregates production capacity, favorable weather conditions, and operational efficiencies. Titan America revised its full-year revenue growth outlook to 2-3% and expects modest improvement in its Adjusted EBITDA Margin.

Titan America SA Announces Leadership Change

Titan America SA announced that Michael Colakides has resigned from his role as Managing Director, effective July 29, 2025, but will continue to serve as a director on the Board. This change was formalized in a meeting held on July 29 and subsequently published in the Belgian Official Gazette, reflecting the company’s adherence to legal and corporate governance protocols.