Titan America SA (TTAM) - Net Assets
Based on the latest financial reports, Titan America SA (TTAM) has net assets worth $994.61 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.85 Billion) and total liabilities ($856.79 Million). 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 TTAM cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $994.61 Million |
| % of Total Assets | 53.72% |
| Annual Growth Rate | 12.48% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 8.62 |
Titan America SA - Net Assets Trend (2022–2024)
This chart illustrates how Titan America SA's net assets have evolved over time, based on quarterly financial data. Also explore Titan America SA balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Titan America SA (2022–2024)
The table below shows the annual net assets of Titan America SA from 2022 to 2024. For live valuation and market cap data, see TTAM market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $750.01 Million | +4.20% |
| 2023-12-31 | $719.77 Million | +21.43% |
| 2022-12-31 | $592.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Titan America SA'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 49.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $597.30 Million | 79.64% |
| Common Stock | $1.75 Billion | 233.81% |
| Other Comprehensive Income | $-2.45 Billion | -327.09% |
| Other Components | $852.28 Million | 113.64% |
| Total Equity | $750.01 Million | 100.00% |
Titan America SA Competitors by Market Cap
The table below lists competitors of Titan America SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kemira Oyj
HE:KEMIRA
|
$2.96 Billion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
$2.96 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$2.96 Billion |
|
Risen Energy
SHE:300118
|
$2.96 Billion |
|
Hubei Wanrun New Energy Technology Co. Ltd. A
SHG:688275
|
$2.96 Billion |
|
Growthpoint Properties Ltd
JSE:GRT
|
$2.95 Billion |
|
Provident Financial Services Inc
NYSE:PFS
|
$2.95 Billion |
|
Bank of Queensland Ltd
AU:BOQ
|
$2.95 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Titan America SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 719,771,000 to 750,014,000, a change of 30,243,000 (4.2%).
- Net income of 166,074,000 contributed positively to equity growth.
- Dividend payments of 85,069,000 reduced retained earnings.
- Share repurchases of 51,591,000 reduced equity.
- Other comprehensive income decreased equity by 2,460,329,000.
- Other factors increased equity by 2,461,158,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $166.07 Million | +22.14% |
| Dividends Paid | $85.07 Million | -11.34% |
| Share Repurchases | $51.59 Million | -6.88% |
| Other Comprehensive Income | $-2.46 Billion | -328.04% |
| Other Changes | $2.46 Billion | +328.15% |
| Total Change | $- | 4.20% |
Book Value vs Market Value Analysis
This analysis compares Titan America SA'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: 4.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 5.29x to 4.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | $3.22 | $17.01 | x |
| 2023-12-31 | $3.90 | $17.01 | x |
| 2024-12-31 | $4.07 | $17.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Titan America SA 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): 22.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.16%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.09x
- Recent ROE (22.14%) is above the historical average (18.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 10.58% | 4.60% | 0.94x | 2.44x | $3.45 Million |
| 2023 | 21.57% | 9.75% | 1.06x | 2.08x | $83.27 Million |
| 2024 | 22.14% | 10.16% | 1.04x | 2.09x | $91.07 Million |
Industry Comparison
This section compares Titan America SA's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $3,156,686,421
- Average return on equity (ROE) among peers: 13.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Titan America SA (TTAM) | $994.61 Million | 10.58% | 0.86x | $2.96 Billion |
| Amrize Ltd (AMRZ) | $9.91 Billion | 14.31% | 1.40x | $27.46 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $23.47 Million | 0.00% | 0.08x | $3.58 Million |
| Captivision Inc. (CAPT) | $-46.38 Million | 0.00% | 0.00x | $130.68K |
| Cementos Pacasmayo SAA ADR (CPAC) | $429.36 Million | 30.75% | 1.06x | $884.47 Million |
| Cemex SAB de CV ADR (CX) | $11.83 Billion | -7.82% | 2.12x | $17.28 Billion |
| Eagle Materials Inc (EXP) | $485.37 Million | 21.98% | 0.61x | $6.82 Billion |
| James Hardie Industries PLC ADR (JHX) | $1.61 Billion | 31.77% | 1.78x | $11.95 Billion |
| Knife River Corporation (KNF) | $1.03 Billion | 11.30% | 1.23x | $4.58 Billion |
| Loma Negra Compania Industrial Argentina SA ADR (LOMA) | $937.40 Million | 23.91% | 3.08x | $1.30 Billion |
| Martin Marietta Materials Inc (MLM) | $5.35 Billion | 11.43% | 0.89x | $35.43 Billion |
About Titan America SA
Titan America SA, through its subsidiaries, manufactures and supplies heavy building materials and services in the United States. The company offers cement and cementitious products, ready-mix concrete, aggregates, fly ash, concrete block, and other ancillary products to construction companies, ready-mix concrete producers, industrial clients, and public sector. It also provides insurance brokera… Read more