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Titan Cement International S.A. (TITC.BR)

EUR49.72 -0.53 (-1.05%)
BE BRU Basic Materials Construction Materials
Address Rue de la Loi 23 1040
Brussels, BE
CEO Michael H. Colakides
IPO 2019-07-23
ISIN BE0974338700

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Description

Established in 1902 and headquartered in Brussels, Belgium, Titan Cement International S.A. operates as a global provider specializing in the manufacture, supply, and trade of a wide array of building materials. Its extensive market presence covers Greece, Western Europe, North America, Southeastern Europe, the Eastern Mediterranean, and other international regions. The company's core product offerings include cement, ready-mix concrete, and various aggregates such as sand, gravel, crushed stone, and recycled concrete. Additionally, Titan provides supplementary construction products like dry mortars, building blocks, fly ash, and other concrete articles, which are vital for constructing infrastructure, residential and commercial properties, and community projects. Beyond material production, the company is involved in cement distribution, fly ash processing and the sale of related equipment, quarrying operations, real estate brokerage services, engineering design for waste management facilities, and the provision of alternative fuels. Furthermore, Titan Cement designs, produces, and markets its own proprietary separation equipment for dry powders.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR49.72 -0.53 (-1.05%)
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Volume Profile
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Liquidity & share structure
Average Volume
11.6K
Beta
0.76
Float Shares
34.41M
Free Float %
46.3%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-4.42% -1.95% +0.00% -9.02% +12.01% -8.50% +16.61% +206.74% +181.33% +147.28% +147.28%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
49.72
DCF (Unlevered) 94.13 +89.3%
DCF (Levered) 90.50 +82.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.36
Grey zone
Piotroski F-Score
3 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Construction Materials: +2.8%
    +0.9% Q1'26: -0.4% (vs Q1'25)
  • EPS growth Construction Materials: +14.1%
    -18.3% Q1'26: +45.8% (vs Q1'25)
  • FCF margin FCF growth · Construction Materials: +32.9%
    +9.9% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Construction Materials: +9.5%
    +15.9% Q1'26: +14.1% (vs Q1'25)
  • ROIC Construction Materials: +5.1%
    +13.6% Q1'26: +9.5% (vs Q1'25)
  • Share dilution Construction Materials: +0.0%
    -0.1% Q1'26: +0.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Construction Materials: 0.56×
    1.17× Q1'26: 2.05× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.76) × ERP
WACC = 84% × Ke + 16% × Kd (6.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 94.13 Current price: 49.72
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
3 Rev. Ana.
1 EPS Ana.
Dec 2027
7 Rev. Ana.
1 EPS Ana.
Dec 2028
4 Rev. Ana.
1 EPS Ana.
Dec 2029
3 Rev. Ana.
1 EPS Ana.
Revenue
1.61B
est: 1.62B (-0.6%)
1.61B
est: 1.59B (+1.4%)
1.71B
est: 1.67B (+2.9%)
2.28B
est: 2.19B (+4.3%)
2.55B
est: 2.49B (+2.1%)
2.64B
est: 2.64B (0.0%)
2.67B
est: 2.67B (-0.1%)
2.84B
2.81B – 2.87B
+6.5% YoY
3.08B
2.92B – 3.24B
+8.3% YoY
3.24B
3.14B – 3.35B
+5.2% YoY
4.00B
3.87B – 4.13B
+23.4% YoY
EBITDA
261.76M
est: 283.45M (-7.7%)
222.28M
est: 136.21M (+63.2%)
279.41M
est: 143.98M (+94.1%)
329.65M
est: 147.84M (+123.0%)
534.56M
est: 153.69M (+247.8%)
580.13M
est: 825.76M (-29.7%)
597.42M
est: 834.87M (-28.4%)
888.81M
879.67M – 897.88M
+6.5% YoY
962.53M
912.95M – 1.01B
+8.3% YoY
1.01B
980.56M – 1.05B
+5.2% YoY
1.25B
1.21B – 1.29B
+23.4% YoY
EBIT
123.16M
est: 167.83M (-26.6%)
82.77M
est: 125.14M (-33.9%)
142.22M
est: 132.28M (+7.5%)
175.81M
est: 135.82M (+29.4%)
382.01M
est: 141.20M (+170.5%)
414.28M
est: 695.76M (-40.5%)
425.27M
est: 703.44M (-39.5%)
748.89M
741.19M – 756.53M
+6.5% YoY
811.00M
769.22M – 854.23M
+8.3% YoY
853.44M
826.20M – 881.44M
+5.2% YoY
1.05B
1.02B – 1.09B
+23.4% YoY
Net Income
50.91M
est: 61.81M (-17.6%)
1.13M
est: 50.09M (-97.8%)
91.92M
est: 52.95M (+73.6%)
109.66M
est: 54.37M (+101.7%)
268.69M
est: 56.52M (+375.4%)
289.16M
est: 290.29M (-0.4%)
236.29M
est: 279.14M (-15.3%)
321.15M
307.82M – 334.85M
+15.1% YoY
366.06M
350.87M – 381.68M
+14.0% YoY
403.09M
386.37M – 420.29M
+10.1% YoY
528.15M
506.23M – 550.68M
+31.0% YoY
SGA
170.48M
est: 169.14M (+0.8%)
169.50M
est: 167.75M (+1.0%)
182.25M
est: 177.33M (+2.8%)
221.13M
est: 182.08M (+21.4%)
257.21M
est: 189.29M (+35.9%)
297.42M
est: 281.35M (+5.7%)
309.01M
est: 284.45M (+8.6%)
302.83M
299.72M – 305.92M
+6.5% YoY
327.95M
311.05M – 345.43M
+8.3% YoY
345.11M
334.09M – 356.43M
+5.2% YoY
425.95M
412.35M – 439.93M
+23.4% YoY
EPS
0.65
est: 0.83 (-21.7%)
0.01
est: 0.86 (-98.3%)
1.23
est: 1.15 (+7.3%)
1.45
est: 1.49 (-2.9%)
3.60
est: 3.46 (+4.0%)
3.89
est: 3.90 (-0.3%)
3.18
est: 3.75 (-15.3%)
4.32
4.14 – 4.50
+15.1% YoY
4.92
4.72 – 5.13
+14.0% YoY
5.42
5.19 – 5.65
+10.1% YoY
7.10
6.81 – 7.40
+31.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-05-07 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-05-06 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-05-05 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-05-04 A 4/5 5/5 4/5 5/5 2/5 3/5 3/5
2026-04-30 A- 4/5 5/5 4/5 5/5 1/5 3/5 3/5
2026-04-29 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-28 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-27 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-24 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-23 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 A- 4/5 5/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
6.94M
OE per share TTM
0.09
Owner's Yield
0.19%
Maintenance CapEx ratio
28.41%
Maint CapEx / Avg PPE
77.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 56 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Amundi MSCI Greece UCITS ETF Dist GRE.PA 2.20% 10.90M 0.55%
2 Invesco FTSE Emerging Markets High Dividend Low Volatility UCITS ETF EMHD.L 0.59% 1.67M 0.49%
3 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.14% 861.9K 0.55%
4 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.13% 464.1K 0.74%
5 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.13% 492.9K 0.72%
6 Dimensional - Emerging Markets High Profitability ETF DEHP 0.04% 179.4K 0.44%
7 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.03% 101.0K 0.56%
8 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.02% 2.20M 0.39%
9 Avantis Emerging Markets Value ETF AVES 0.02% 331.3K 0.36%
10 Schwab Emerging Markets Equity ETF SCHE 0.02% 2.72M 0.06%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
70.7K
Shares Outstanding
74.38M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Vassilios Zarkalis Group Chief Operating Officer 2M male
Alexandra T. Papalexopoulou-Benopoulou Executive Director 2M female
Marcel Cobuz Executive Director 2M male
Michael H. Colakides MD & Executive Director 1M male
Ioannis Paniaras Group Executive Director of Europe 885.7K male
Christos Panagopoulos Regional Director of Eastern Mediterranean - Brazil 660.4K
Leonidas Canellopoulos Chief Sustainability & Innovation Officer and Executive Director 523.9K male
John Ioannou Group Chief Financial Officer 488.0K male
Ioannis Ioannou Group Chief Financial Officer 488.0K male
Yiannakopoulou Lydia Group Corporate Communications Director female
Antonis Kyrkos Chief Digital & Strategy Officer
Christina Alogogianni Head of Group Corporate Center HR Business Partnering
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits