Aebi Schmidt Holding AG (AEBI) vs Titan International, Inc. (TWI)

Aebi Schmidt Holding AG and Titan International, Inc. are both Farm & Heavy Construction Machinery companies. Aebi Schmidt Holding AG is the larger, with a market value of $870.7M against $456.3M — 1.9× the size. Titan International, Inc. has negative trailing earnings, so its P/E is not meaningful; Aebi Schmidt Holding AG trades at 34.8×. Aebi Schmidt Holding AG grew revenue faster over the last twelve months: 79.4% against 4.69%. Aebi Schmidt Holding AG has the higher net margin (1.09% vs −4.11%) and the higher return on invested capital (4.09% vs −0.11%). Across the 18 metrics below, Aebi Schmidt Holding AG leads on 14 and Titan International, Inc. on 4.

Valuation

Metric AEBI TWI Farm & Heavy Construction Machinery median
P/E 34.83 n/m 23.38
P/S 0.43 0.24 0.81
P/B 1.03 0.89 1.43
Price to free cash flow 120.66 n/m 25.31
EV/EBITDA 9.27 12.93 12.13
EV/Sales 0.69 0.47 1.20
Earnings yield 2.87% (17.09%) 2.73%
Free cash flow yield 0.83% (1.72%) 3.02%

Profitability

Metric AEBI TWI Farm & Heavy Construction Machinery median
Gross margin 19.40% 14.03% 24.21%
Operating margin 4.47% (0.09%) 4.47%
Net margin 1.09% (4.11%) 1.49%
Free cash flow margin 0.36% (0.42%) 2.15%
Return on equity 3.58% (14.12%) 4.16%
Return on assets 1.31% (4.42%) 1.45%
Return on invested capital 4.09% (0.11%) 3.36%

Growth

Metric AEBI TWI Farm & Heavy Construction Machinery median
Revenue growth (TTM) 79.44% 4.69% 2.18%
EPS growth (last fiscal year) (77.68%) (1,150.00%) —
Revenue growth, 5-year CAGR — 7.74% 7.34%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric AEBI TWI Farm & Heavy Construction Machinery median
Debt to equity 0.75 1.16 0.67
Current ratio 1.98 2.11 1.98
Net debt to EBITDA 4.23 4.36 1.12

Dividend

Metric AEBI TWI Farm & Heavy Construction Machinery median
Dividend yield — — 1.45%
Payout ratio — 0.00 0.08

Size

Metric AEBI TWI Farm & Heavy Construction Machinery median
Market cap 870.71m 456.31m 772.81m

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