Intrinsic value of Timken - TKR

Previous Close

$40.47

  Intrinsic Value

$147.23

stock screener

  Rating & Target

str. buy

+264%

Previous close

$40.47

 
Intrinsic value

$147.23

 
Up/down potential

+264%

 
Rating

str. buy

We calculate the intrinsic value of TKR stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 0001), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 3.1

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
   2
   3
   4
   5
   6
   7
   8
   9
   10
   11
   12
   13
   14
   15
   16
   17
   18
   19
   20
   21
   22
   23
   24
   25
   26
   27
   28
   29
   30
   31

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  20.70
  19.13
  17.72
  16.45
  15.30
  14.27
  13.34
  12.51
  11.76
  11.08
  10.47
  9.93
  9.43
  8.99
  8.59
  8.23
  7.91
  7.62
  7.36
  7.12
  6.91
  6.72
  6.55
  6.39
  6.25
  6.13
  6.01
  5.91
  5.82
  5.74
Revenue, $m
  3,626
  4,319
  5,084
  5,921
  6,826
  7,801
  8,841
  9,947
  11,117
  12,349
  13,643
  14,997
  16,412
  17,887
  19,424
  21,023
  22,686
  24,414
  26,210
  28,077
  30,017
  32,033
  34,130
  36,311
  38,582
  40,946
  43,408
  45,975
  48,651
  51,444
Variable operating expenses, $m
  2,410
  2,853
  3,342
  3,876
  4,455
  5,078
  5,743
  6,449
  7,197
  7,984
  8,717
  9,582
  10,486
  11,429
  12,411
  13,433
  14,495
  15,600
  16,747
  17,940
  19,179
  20,468
  21,808
  23,201
  24,652
  26,163
  27,736
  29,376
  31,086
  32,870
Fixed operating expenses, $m
  739
  755
  772
  789
  806
  824
  842
  860
  879
  899
  919
  939
  959
  981
  1,002
  1,024
  1,047
  1,070
  1,093
  1,117
  1,142
  1,167
  1,193
  1,219
  1,246
  1,273
  1,301
  1,330
  1,359
  1,389
Total operating expenses, $m
  3,149
  3,608
  4,114
  4,665
  5,261
  5,902
  6,585
  7,309
  8,076
  8,883
  9,636
  10,521
  11,445
  12,410
  13,413
  14,457
  15,542
  16,670
  17,840
  19,057
  20,321
  21,635
  23,001
  24,420
  25,898
  27,436
  29,037
  30,706
  32,445
  34,259
Operating income, $m
  477
  711
  971
  1,256
  1,565
  1,899
  2,257
  2,638
  3,041
  3,467
  4,007
  4,476
  4,966
  5,478
  6,011
  6,566
  7,144
  7,745
  8,370
  9,020
  9,695
  10,398
  11,130
  11,891
  12,684
  13,510
  14,371
  15,269
  16,206
  17,184
EBITDA, $m
  697
  955
  1,241
  1,555
  1,897
  2,265
  2,658
  3,078
  3,522
  3,990
  4,483
  4,999
  5,538
  6,101
  6,688
  7,299
  7,935
  8,596
  9,284
  9,999
  10,742
  11,515
  12,320
  13,157
  14,029
  14,938
  15,885
  16,872
  17,903
  18,978
Interest expense (income), $m
  0
  52
  74
  98
  125
  155
  187
  221
  258
  297
  338
  381
  427
  474
  524
  576
  630
  687
  745
  806
  869
  935
  1,003
  1,075
  1,148
  1,225
  1,305
  1,388
  1,475
  1,566
  1,660
Earnings before tax, $m
  425
  637
  872
  1,130
  1,411
  1,713
  2,036
  2,380
  2,745
  3,129
  3,626
  4,049
  4,492
  4,953
  5,435
  5,936
  6,457
  7,000
  7,564
  8,150
  8,760
  9,395
  10,055
  10,743
  11,459
  12,205
  12,983
  13,794
  14,641
  15,524
Tax expense, $m
  115
  172
  236
  305
  381
  462
  550
  643
  741
  845
  979
  1,093
  1,213
  1,337
  1,467
  1,603
  1,743
  1,890
  2,042
  2,201
  2,365
  2,537
  2,715
  2,901
  3,094
  3,295
  3,505
  3,724
  3,953
  4,192
Net income, $m
  310
  465
  637
  825
  1,030
  1,250
  1,486
  1,737
  2,004
  2,284
  2,647
  2,956
  3,279
  3,616
  3,967
  4,333
  4,714
  5,110
  5,521
  5,950
  6,395
  6,858
  7,340
  7,842
  8,365
  8,909
  9,477
  10,070
  10,688
  11,333

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,106
  4,891
  5,758
  6,705
  7,731
  8,834
  10,013
  11,266
  12,590
  13,985
  15,450
  16,984
  18,586
  20,257
  21,998
  23,809
  25,692
  27,649
  29,683
  31,797
  33,994
  36,277
  38,652
  41,123
  43,694
  46,371
  49,160
  52,067
  55,098
  58,260
Adjusted assets (=assets-cash), $m
  4,106
  4,891
  5,758
  6,705
  7,731
  8,834
  10,013
  11,266
  12,590
  13,985
  15,450
  16,984
  18,586
  20,257
  21,998
  23,809
  25,692
  27,649
  29,683
  31,797
  33,994
  36,277
  38,652
  41,123
  43,694
  46,371
  49,160
  52,067
  55,098
  58,260
Revenue / Adjusted assets
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
  0.883
Average production assets, $m
  1,479
  1,762
  2,074
  2,416
  2,785
  3,183
  3,607
  4,059
  4,536
  5,038
  5,566
  6,119
  6,696
  7,298
  7,925
  8,577
  9,256
  9,961
  10,694
  11,455
  12,247
  13,069
  13,925
  14,815
  15,741
  16,706
  17,711
  18,758
  19,850
  20,989
Working capital, $m
  979
  1,166
  1,373
  1,599
  1,843
  2,106
  2,387
  2,686
  3,002
  3,334
  3,684
  4,049
  4,431
  4,830
  5,245
  5,676
  6,125
  6,592
  7,077
  7,581
  8,104
  8,649
  9,215
  9,804
  10,417
  11,055
  11,720
  12,413
  13,136
  13,890
Total debt, $m
  1,368
  1,820
  2,319
  2,865
  3,456
  4,091
  4,770
  5,492
  6,255
  7,058
  7,902
  8,785
  9,708
  10,671
  11,673
  12,717
  13,801
  14,929
  16,100
  17,318
  18,583
  19,898
  21,266
  22,689
  24,170
  25,712
  27,319
  28,993
  30,739
  32,560
Total liabilities, $m
  2,365
  2,817
  3,317
  3,862
  4,453
  5,088
  5,767
  6,489
  7,252
  8,056
  8,899
  9,783
  10,706
  11,668
  12,671
  13,714
  14,799
  15,926
  17,098
  18,315
  19,580
  20,896
  22,264
  23,687
  25,168
  26,710
  28,316
  29,990
  31,736
  33,558
Total equity, $m
  1,741
  2,074
  2,441
  2,843
  3,278
  3,746
  4,246
  4,777
  5,338
  5,930
  6,551
  7,201
  7,881
  8,589
  9,327
  10,095
  10,893
  11,723
  12,586
  13,482
  14,413
  15,382
  16,389
  17,436
  18,526
  19,661
  20,844
  22,076
  23,361
  24,702
Total liabilities and equity, $m
  4,106
  4,891
  5,758
  6,705
  7,731
  8,834
  10,013
  11,266
  12,590
  13,986
  15,450
  16,984
  18,587
  20,257
  21,998
  23,809
  25,692
  27,649
  29,684
  31,797
  33,993
  36,278
  38,653
  41,123
  43,694
  46,371
  49,160
  52,066
  55,097
  58,260
Debt-to-equity ratio
  0.790
  0.880
  0.950
  1.010
  1.050
  1.090
  1.120
  1.150
  1.170
  1.190
  1.210
  1.220
  1.230
  1.240
  1.250
  1.260
  1.270
  1.270
  1.280
  1.280
  1.290
  1.290
  1.300
  1.300
  1.300
  1.310
  1.310
  1.310
  1.320
  1.320
Adjusted equity ratio
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424
  0.424

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  310
  465
  637
  825
  1,030
  1,250
  1,486
  1,737
  2,004
  2,284
  2,647
  2,956
  3,279
  3,616
  3,967
  4,333
  4,714
  5,110
  5,521
  5,950
  6,395
  6,858
  7,340
  7,842
  8,365
  8,909
  9,477
  10,070
  10,688
  11,333
Depreciation, amort., depletion, $m
  220
  244
  271
  300
  331
  365
  402
  440
  481
  524
  476
  523
  572
  624
  677
  733
  791
  851
  914
  979
  1,047
  1,117
  1,190
  1,266
  1,345
  1,428
  1,514
  1,603
  1,697
  1,794
Funds from operations, $m
  530
  709
  907
  1,125
  1,361
  1,615
  1,888
  2,178
  2,484
  2,808
  3,123
  3,479
  3,851
  4,240
  4,645
  5,066
  5,505
  5,961
  6,435
  6,929
  7,442
  7,975
  8,530
  9,108
  9,710
  10,337
  10,991
  11,673
  12,384
  13,127
Change in working capital, $m
  168
  187
  207
  226
  245
  263
  281
  299
  316
  333
  349
  366
  382
  398
  415
  432
  449
  467
  485
  504
  524
  544
  566
  589
  613
  638
  665
  693
  723
  754
Cash from operations, $m
  362
  522
  701
  899
  1,116
  1,352
  1,607
  1,879
  2,169
  2,475
  2,773
  3,113
  3,469
  3,841
  4,230
  4,634
  5,056
  5,494
  5,951
  6,425
  6,918
  7,431
  7,964
  8,519
  9,097
  9,699
  10,326
  10,980
  11,661
  12,373
Maintenance CAPEX, $m
  -105
  -126
  -151
  -177
  -206
  -238
  -272
  -308
  -347
  -388
  -431
  -476
  -523
  -572
  -624
  -677
  -733
  -791
  -851
  -914
  -979
  -1,047
  -1,117
  -1,190
  -1,266
  -1,345
  -1,428
  -1,514
  -1,603
  -1,697
New CAPEX, $m
  -255
  -283
  -312
  -341
  -370
  -397
  -425
  -451
  -477
  -503
  -528
  -553
  -577
  -602
  -627
  -652
  -678
  -705
  -733
  -761
  -791
  -823
  -856
  -890
  -926
  -964
  -1,005
  -1,047
  -1,092
  -1,139
Cash from investing activities, $m
  -360
  -409
  -463
  -518
  -576
  -635
  -697
  -759
  -824
  -891
  -959
  -1,029
  -1,100
  -1,174
  -1,251
  -1,329
  -1,411
  -1,496
  -1,584
  -1,675
  -1,770
  -1,870
  -1,973
  -2,080
  -2,192
  -2,309
  -2,433
  -2,561
  -2,695
  -2,836
Free cash flow, $m
  3
  112
  238
  381
  540
  717
  910
  1,119
  1,345
  1,585
  1,815
  2,085
  2,369
  2,667
  2,979
  3,305
  3,644
  3,998
  4,366
  4,749
  5,147
  5,561
  5,992
  6,439
  6,905
  7,389
  7,893
  8,419
  8,966
  9,537
Issuance/(repayment) of debt, $m
  405
  452
  499
  545
  591
  635
  679
  721
  763
  804
  844
  883
  923
  963
  1,003
  1,043
  1,085
  1,127
  1,172
  1,217
  1,265
  1,315
  1,368
  1,423
  1,481
  1,542
  1,606
  1,674
  1,746
  1,822
Issuance/(repurchase) of shares, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  405
  452
  499
  545
  591
  635
  679
  721
  763
  804
  844
  883
  923
  963
  1,003
  1,043
  1,085
  1,127
  1,172
  1,217
  1,265
  1,315
  1,368
  1,423
  1,481
  1,542
  1,606
  1,674
  1,746
  1,822
Total cash flow (excl. dividends), $m
  408
  565
  737
  926
  1,131
  1,352
  1,589
  1,841
  2,108
  2,389
  2,659
  2,968
  3,292
  3,629
  3,981
  4,348
  4,729
  5,126
  5,538
  5,967
  6,413
  6,877
  7,360
  7,862
  8,386
  8,931
  9,500
  10,093
  10,712
  11,359
Retained Cash Flow (-), $m
  -298
  -333
  -367
  -402
  -435
  -468
  -500
  -531
  -562
  -592
  -621
  -650
  -679
  -709
  -738
  -768
  -798
  -830
  -862
  -896
  -931
  -968
  -1,007
  -1,047
  -1,090
  -1,135
  -1,183
  -1,232
  -1,285
  -1,341
Prev. year cash balance distribution, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
  110
  232
  370
  525
  696
  885
  1,089
  1,310
  1,546
  1,797
  2,038
  2,318
  2,612
  2,921
  3,243
  3,580
  3,931
  4,296
  4,676
  5,071
  5,481
  5,908
  6,353
  6,815
  7,296
  7,796
  8,317
  8,861
  9,427
  10,018
Discount rate, %
  6.00
  6.30
  6.62
  6.95
  7.29
  7.66
  8.04
  8.44
  8.86
  9.31
  9.77
  10.26
  10.78
  11.31
  11.88
  12.47
  13.10
  13.75
  14.44
  15.16
  15.92
  16.72
  17.55
  18.43
  19.35
  20.32
  21.33
  22.40
  23.52
  24.70
PV of cash for distribution, $m
  103
  205
  305
  401
  490
  568
  634
  685
  720
  738
  731
  718
  691
  651
  602
  546
  485
  422
  360
  301
  246
  197
  154
  118
  88
  64
  45
  31
  21
  13
Current shareholders' claim on cash, %
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0
  100.0

The Timken Company engineers, manufactures and markets bearings, transmissions, gearboxes, belts, chain, couplings and related products and offers a spectrum of power system rebuild and repair services across the world. The Company operates through two segments: Mobile Industries and Process Industries. Its Mobile Industries segment offers a portfolio of bearings, seals, lubrication devices and systems, as well as power transmission components, engineered chain, augers, belts and related products and maintenance services to original equipment manufacturers (OEMs) and end users of off-highway equipment for the agricultural, construction, mining, outdoor power equipment and powersports markets; on-highway vehicles, including passenger cars, light trucks and medium- and heavy-duty trucks; rail cars, and locomotives. Its Process Industries segment supplies industrial bearings and assemblies, power transmission components, and related products and services to OEMs and end users.

FINANCIAL RATIOS  of  Timken (TKR)

Valuation Ratios
P/E Ratio 20.5
Price to Sales 1.2
Price to Book 2.4
Price to Tangible Book
Price to Cash Flow 7.8
Price to Free Cash Flow 11.9
Growth Rates
Sales Growth Rate -7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 30.2%
Cap. Spend. - 3 Yr. Gr. Rate -15.8%
Financial Strength
Quick Ratio 6
Current Ratio 0.2
LT Debt to Equity 49.6%
Total Debt to Equity 51.5%
Interest Coverage 0
Management Effectiveness
Return On Assets 5.5%
Ret/ On Assets - 3 Yr. Avg. 2.5%
Return On Total Capital 7.8%
Ret/ On T. Cap. - 3 Yr. Avg. 3.6%
Return On Equity 11.7%
Return On Equity - 3 Yr. Avg. 5%
Asset Turnover 1
Profitability Ratios
Gross Margin 26.4%
Gross Margin - 3 Yr. Avg. 27.9%
EBITDA Margin 13.3%
EBITDA Margin - 3 Yr. Avg. 7.4%
Operating Margin 9.6%
Oper. Margin - 3 Yr. Avg. 3.7%
Pre-Tax Margin 8.3%
Pre-Tax Margin - 3 Yr. Avg. 2.8%
Net Profit Margin 5.7%
Net Profit Margin - 3 Yr. Avg. 2.9%
Effective Tax Rate 31.1%
Eff/ Tax Rate - 3 Yr. Avg. 40.8%
Payout Ratio 53.6%

TKR stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the TKR stock intrinsic value calculation we used $3003.8 million for the last fiscal year's total revenue generated by Timken. The default revenue input number comes from 0001 income statement of Timken. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our TKR stock valuation model: a) initial revenue growth rate of 20.7% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 6%, whose default value for TKR is calculated based on our internal credit rating of Timken, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Timken.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of TKR stock the variable cost ratio is equal to 67%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $723 million in the base year in the intrinsic value calculation for TKR stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 5.4% for Timken.

Corporate tax rate of 27% is the nominal tax rate for Timken. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the TKR stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for TKR are equal to 40.8%.

Life of production assets of 11.7 years is the average useful life of capital assets used in Timken operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for TKR is equal to 27%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $1442.7 million for Timken - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 77.107 million for Timken is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Timken at the current share price and the inputted number of shares is $3.1 billion.

RELATED COMPANIES Price Int.Val. Rating
ROLL RBC Bearings 142.72 63.17  str.sell
AIMC Altra Industri 35.60 41.21  hold
RXN Rexnord 25.80 31.26  hold
DOV Dover 82.41 97.94  hold

COMPANY NEWS

▶ Timken Completes Acquisition of Rollon Group   [Sep-18-18 05:00PM  PR Newswire]
▶ Is Timken (TKR) a High-Growth Dividend Stock?   [Sep-11-18 09:15AM  Zacks]
▶ Timken Completes Acquisition of Cone Drive   [Sep-04-18 06:51AM  PR Newswire]
▶ Why Timken (TKR) is a Great Dividend Stock   [Aug-24-18 09:55AM  Zacks]
▶ Bank Of America's Bearish Thesis On Timken Ends   [Aug-08-18 04:08PM  Benzinga]
▶ Timken Declares Quarterly Dividend of 28 Cents Per Share   [Aug-07-18 10:10AM  PR Newswire]
▶ Timken Company to Host Earnings Call   [Jul-31-18 09:00AM  ACCESSWIRE]
▶ Timken: 2Q Earnings Snapshot   [07:00AM  Associated Press]
▶ [$$] Timken to Buy Linear-Motion Products Company Rollon From PE Backers   [Jul-27-18 09:13AM  The Wall Street Journal]
▶ What Is Timken India Limiteds (NSE:TIMKEN) Share Price Doing?   [Jun-23-18 09:14PM  Simply Wall St.]
▶ U.S. Manufacturing Gathers Steam Under Trump: 5 Top Picks   [Jun-14-18 11:20AM  InvestorPlace]
▶ Timken Increases Dividend   [May-08-18 09:20AM  PR Newswire]
▶ Timken: 1Q Earnings Snapshot   [May-01-18 07:08AM  Associated Press]
▶ 5 Best Value Picks With a Tinge of Discounted PEG   [Apr-12-18 02:30PM  InvestorPlace]
▶ 5 Excellent GARP Picks With Discounted PEG   [Mar-29-18 09:31AM  Zacks]
▶ On Steel Tariffs, Its Timken vs. Timken   [Mar-27-18 07:00AM  Bloomberg]
▶ Timken Increases Outlook for 2018   [Mar-19-18 05:01PM  PR Newswire]
▶ Timken Declares Quarterly Dividend of 27 Cents Per Share   [Feb-09-18 11:01AM  PR Newswire]
▶ Timken Company to Host Earnings Call   [Feb-07-18 08:30AM  ACCESSWIRE]
▶ Timken beats Street 4Q forecasts   [07:13AM  Associated Press]
▶ Tech Image Chicago names new president   [Jan-09-18 12:40PM  American City Business Journals]
▶ ETFs with exposure to The Timken Co. : December 26, 2017   [Dec-26-17 12:14PM  Capital Cube]
▶ Timken Gets Relative Strength Rating Upgrade   [Dec-05-17 03:00AM  Investor's Business Daily]
▶ Timken Declares Quarterly Dividend of 27 Cents Per Share   [Nov-03-17 11:15AM  PR Newswire]
▶ Timken Company to Host Earnings Call   [Oct-25-17 07:15AM  ACCESSWIRE]
▶ Timken beats Street 3Q forecasts   [07:07AM  Associated Press]
▶ ETFs with exposure to The Timken Co. : October 16, 2017   [Oct-16-17 10:00AM  Capital Cube]

CONTACT US       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.