Titan Machinery Inc (TITN) - Net Assets
Based on the latest financial reports, Titan Machinery Inc (TITN) has net assets worth $612.63 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.77 Billion) and total liabilities ($1.16 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Titan Machinery Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $612.63 Million |
| % of Total Assets | 34.62% |
| Annual Growth Rate | 23.89% |
| 5-Year Change | 65.39% |
| 10-Year Change | 81.49% |
| Growth Volatility | 102.0 |
Titan Machinery Inc - Net Assets Trend (2003–2025)
This chart illustrates how Titan Machinery Inc's net assets have evolved over time, based on quarterly financial data. Also explore TITN total assets for the complete picture of this company's asset base.
Annual Net Assets for Titan Machinery Inc (2003–2025)
The table below shows the annual net assets of Titan Machinery Inc from 2003 to 2025. For live valuation and market cap data, see market value of Titan Machinery Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $614.08 Million | -6.62% |
| 2024-01-31 | $657.64 Million | +22.62% |
| 2023-01-31 | $536.31 Million | +23.23% |
| 2022-01-31 | $435.20 Million | +17.22% |
| 2021-01-31 | $371.28 Million | +7.59% |
| 2020-01-31 | $345.10 Million | +2.92% |
| 2019-01-31 | $335.31 Million | +4.18% |
| 2018-01-31 | $321.86 Million | +0.21% |
| 2017-01-31 | $321.18 Million | -5.07% |
| 2016-01-31 | $338.35 Million | -10.57% |
| 2015-01-31 | $378.36 Million | -8.02% |
| 2014-01-31 | $411.34 Million | +2.86% |
| 2013-01-31 | $399.92 Million | +18.55% |
| 2012-01-31 | $337.34 Million | +57.23% |
| 2011-01-31 | $214.56 Million | +12.61% |
| 2010-01-31 | $190.52 Million | +9.64% |
| 2009-01-31 | $173.77 Million | +128.29% |
| 2008-01-31 | $76.12 Million | +468.95% |
| 2007-01-31 | $13.38 Million | +38.03% |
| 2006-01-31 | $9.69 Million | +106.76% |
| 2004-01-31 | $4.69 Million | -14.95% |
| 2003-01-31 | $5.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Titan Machinery Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 36031400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $360.31 Million | 58.68% |
| Other Comprehensive Income | $-8.33 Million | -1.36% |
| Other Components | $262.10 Million | 42.68% |
| Total Equity | $614.08 Million | 100.00% |
Titan Machinery Inc Competitors by Market Cap
The table below lists competitors of Titan Machinery Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Paiho Ltd
TW:9938
|
$414.46 Million |
|
Eaton Vance Municipal Income Closed Fund
NYSE:EVN
|
$414.63 Million |
|
Neumora Therapeutics, Inc.
NASDAQ:NMRA
|
$414.65 Million |
|
Yang Guang Co Ltd
SHE:000608
|
$414.80 Million |
|
Guangdong Liantai Environmental Protection Co Ltd
SHG:603797
|
$414.28 Million |
|
Nantex Industry Co Ltd
TW:2108
|
$414.22 Million |
|
Huayang Intelligent Co Ltd
SHE:301502
|
$414.15 Million |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
$414.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titan Machinery Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 657,642,000 to 614,077,000, a change of -43,565,000 (-6.6%).
- Net loss of 36,911,000 reduced equity.
- Other comprehensive income decreased equity by 10,094,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-36.91 Million | -6.01% |
| Other Comprehensive Income | $-10.09 Million | -1.64% |
| Other Changes | $3.44 Million | +0.56% |
| Total Change | $- | -6.62% |
Book Value vs Market Value Analysis
This analysis compares Titan Machinery Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 14.56x to 0.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-01-31 | $1.46 | $21.22 | x |
| 2004-01-31 | $1.08 | $21.22 | x |
| 2006-01-31 | $1.53 | $21.22 | x |
| 2007-01-31 | $2.10 | $21.22 | x |
| 2008-01-31 | $9.23 | $21.22 | x |
| 2009-01-31 | $10.36 | $21.22 | x |
| 2010-01-31 | $10.60 | $21.22 | x |
| 2011-01-31 | $11.95 | $21.22 | x |
| 2012-01-31 | $16.72 | $21.22 | x |
| 2013-01-31 | $18.80 | $21.22 | x |
| 2014-01-31 | $19.23 | $21.22 | x |
| 2015-01-31 | $17.59 | $21.22 | x |
| 2016-01-31 | $15.62 | $21.22 | x |
| 2017-01-31 | $14.71 | $21.22 | x |
| 2018-01-31 | $14.94 | $21.22 | x |
| 2019-01-31 | $15.37 | $21.22 | x |
| 2020-01-31 | $15.72 | $21.22 | x |
| 2021-01-31 | $16.80 | $21.22 | x |
| 2022-01-31 | $19.56 | $21.22 | x |
| 2023-01-31 | $23.96 | $21.22 | x |
| 2024-01-31 | $29.23 | $21.22 | x |
| 2025-01-31 | $27.16 | $21.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titan Machinery Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.37%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.95x
- Recent ROE (-6.01%) is below the historical average (7.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.55% | 0.63% | 1.40x | 8.63x | $-135.20K |
| 2004 | 3.50% | 0.17% | 2.18x | 9.53x | $-304.80K |
| 2006 | 28.18% | 1.20% | 2.17x | 10.84x | $1.76 Million |
| 2007 | 27.20% | 1.24% | 2.11x | 10.38x | $2.30 Million |
| 2008 | 6.85% | 1.20% | 1.81x | 3.14x | $-2.40 Million |
| 2009 | 10.40% | 2.62% | 1.68x | 2.36x | $698.11K |
| 2010 | 8.26% | 1.88% | 1.63x | 2.70x | $-3.32 Million |
| 2011 | 10.41% | 2.04% | 1.69x | 3.02x | $886.30K |
| 2012 | 13.13% | 2.66% | 1.52x | 3.24x | $10.53 Million |
| 2013 | 10.71% | 1.93% | 1.52x | 3.64x | $2.82 Million |
| 2014 | 2.17% | 0.40% | 1.42x | 3.83x | $-32.03 Million |
| 2015 | -8.54% | -1.69% | 1.41x | 3.58x | $-69.81 Million |
| 2016 | -11.23% | -2.77% | 1.31x | 3.10x | $-71.65 Million |
| 2017 | -4.41% | -1.17% | 1.57x | 2.40x | $-46.30 Million |
| 2018 | -2.19% | -0.59% | 1.58x | 2.36x | $-39.23 Million |
| 2019 | 3.63% | 0.97% | 1.59x | 2.36x | $-21.35 Million |
| 2020 | 4.04% | 1.07% | 1.34x | 2.83x | $-20.56 Million |
| 2021 | 5.21% | 1.37% | 1.73x | 2.20x | $-17.77 Million |
| 2022 | 15.18% | 3.86% | 1.81x | 2.18x | $22.53 Million |
| 2023 | 18.99% | 4.61% | 1.86x | 2.22x | $48.24 Million |
| 2024 | 16.87% | 4.02% | 1.38x | 3.03x | $45.16 Million |
| 2025 | -6.01% | -1.37% | 1.49x | 2.95x | $-98.32 Million |
Industry Comparison
This section compares Titan Machinery Inc's net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $1,134,262,600
- Average return on equity (ROE) among peers: 0.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Titan Machinery Inc (TITN) | $612.63 Million | 7.55% | 1.89x | $414.40 Million |
| Applied Industrial Technologies (AIT) | $932.55 Million | 15.52% | 1.44x | $10.80 Billion |
| Beacon Roofing Supply Inc (BECN) | $1.82 Billion | 23.86% | 2.40x | $7.72 Billion |
| BlueLinx Holdings Inc (BXC) | $50.82 Million | -120.94% | 9.76x | $409.77 Million |
| Core & Main Inc (CNM) | $641.50 Million | 5.61% | 3.99x | $9.26 Billion |
| Now Inc (DNOW) | $1.98 Billion | 5.45% | 0.20x | $2.28 Billion |
| Distribution Solutions Group Inc (DSGR) | $99.17 Million | 6.27% | 0.99x | $1.27 Billion |
| DXP Enterprises Inc (DXPE) | $156.68 Million | 20.07% | 1.59x | $2.23 Billion |
| EVI Industries Inc (EVI) | $2.90 Million | 3.45% | 0.14x | $234.41 Million |
| Fastenal Company (FAST) | $1.28 Billion | 20.69% | 0.14x | $51.57 Billion |
| Ferguson Plc (FERG) | $4.37 Billion | 21.99% | 2.08x | $52.48 Billion |
About Titan Machinery Inc
Titan Machinery Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States, Europe, and Australia. The company operates through four segments: Agriculture, Construction, Europe, and Australia. It sells new and used equipment, including agricultural and construction equipment manufactured under the CNH Industrial family of brands, as well a… Read more