Intrinsic value of Timken - TKR

Previous Close

$55.25

  Intrinsic Value

$2.97

stock screener

  Rating & Target

str. sell

-95%

Previous close

$55.25

 
Intrinsic value

$2.97

 
Up/down potential

-95%

 
Rating

str. sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

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

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -7.03
  17.40
  16.16
  15.04
  14.04
  13.14
  12.32
  11.59
  10.93
  10.34
  9.80
  9.32
  8.89
  8.50
  8.15
  7.84
  7.55
  7.30
  7.07
  6.86
  6.68
  6.51
  6.36
  6.22
  6.10
  5.99
  5.89
  5.80
  5.72
  5.65
  5.58
Revenue, $m
  2,670
  3,135
  3,641
  4,189
  4,777
  5,404
  6,070
  6,774
  7,514
  8,291
  9,104
  9,953
  10,838
  11,759
  12,718
  13,715
  14,751
  15,827
  16,946
  18,108
  19,317
  20,574
  21,882
  23,243
  24,661
  26,138
  27,677
  29,283
  30,958
  32,707
  34,534
Variable operating expenses, $m
 
  3,294
  3,821
  4,391
  5,002
  5,654
  6,347
  7,078
  7,848
  8,655
  9,500
  10,347
  11,267
  12,225
  13,222
  14,258
  15,335
  16,454
  17,617
  18,825
  20,082
  21,389
  22,748
  24,164
  25,637
  27,173
  28,773
  30,442
  32,184
  34,002
  35,901
Fixed operating expenses, $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 operating expenses, $m
  2,415
  3,294
  3,821
  4,391
  5,002
  5,654
  6,347
  7,078
  7,848
  8,655
  9,500
  10,347
  11,267
  12,225
  13,222
  14,258
  15,335
  16,454
  17,617
  18,825
  20,082
  21,389
  22,748
  24,164
  25,637
  27,173
  28,773
  30,442
  32,184
  34,002
  35,901
Operating income, $m
  255
  -160
  -180
  -202
  -225
  -250
  -276
  -304
  -333
  -364
  -396
  -394
  -429
  -466
  -504
  -543
  -584
  -627
  -671
  -717
  -765
  -815
  -866
  -920
  -976
  -1,035
  -1,096
  -1,159
  -1,226
  -1,295
  -1,367
EBITDA, $m
  387
  -6
  -7
  -9
  -10
  -11
  -12
  -14
  -15
  -17
  -19
  -20
  -22
  -24
  -26
  -28
  -30
  -32
  -35
  -37
  -39
  -42
  -45
  -48
  -50
  -53
  -57
  -60
  -63
  -67
  -71
Interest expense (income), $m
  0
  22
  31
  41
  51
  63
  75
  87
  101
  115
  130
  145
  162
  178
  196
  214
  233
  253
  274
  295
  318
  341
  365
  390
  416
  443
  471
  501
  531
  563
  597
Earnings before tax, $m
  222
  -182
  -211
  -242
  -276
  -312
  -351
  -391
  -434
  -479
  -526
  -539
  -591
  -644
  -700
  -757
  -817
  -880
  -945
  -1,012
  -1,082
  -1,155
  -1,231
  -1,310
  -1,392
  -1,478
  -1,567
  -1,660
  -1,757
  -1,858
  -1,964
Tax expense, $m
  69
  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
Net income, $m
  153
  -182
  -211
  -242
  -276
  -312
  -351
  -391
  -434
  -479
  -526
  -539
  -591
  -644
  -700
  -757
  -817
  -880
  -945
  -1,012
  -1,082
  -1,155
  -1,231
  -1,310
  -1,392
  -1,478
  -1,567
  -1,660
  -1,757
  -1,858
  -1,964

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  149
  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
  2,763
  3,070
  3,566
  4,103
  4,679
  5,293
  5,946
  6,635
  7,360
  8,121
  8,917
  9,748
  10,615
  11,518
  12,456
  13,433
  14,447
  15,501
  16,597
  17,736
  18,920
  20,151
  21,432
  22,765
  24,154
  25,600
  27,108
  28,681
  30,322
  32,034
  33,823
Adjusted assets (=assets-cash), $m
  2,614
  3,070
  3,566
  4,103
  4,679
  5,293
  5,946
  6,635
  7,360
  8,121
  8,917
  9,748
  10,615
  11,518
  12,456
  13,433
  14,447
  15,501
  16,597
  17,736
  18,920
  20,151
  21,432
  22,765
  24,154
  25,600
  27,108
  28,681
  30,322
  32,034
  33,823
Revenue / Adjusted assets
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
  1.021
Average production assets, $m
  1,062
  1,248
  1,449
  1,667
  1,901
  2,151
  2,416
  2,696
  2,991
  3,300
  3,623
  3,961
  4,314
  4,680
  5,062
  5,458
  5,871
  6,299
  6,744
  7,207
  7,688
  8,189
  8,709
  9,251
  9,815
  10,403
  11,016
  11,655
  12,321
  13,017
  13,744
Working capital, $m
  759
  743
  863
  993
  1,132
  1,281
  1,439
  1,605
  1,781
  1,965
  2,158
  2,359
  2,569
  2,787
  3,014
  3,250
  3,496
  3,751
  4,016
  4,292
  4,578
  4,876
  5,186
  5,509
  5,845
  6,195
  6,560
  6,940
  7,337
  7,752
  8,184
Total debt, $m
  659
  889
  1,166
  1,465
  1,787
  2,130
  2,494
  2,878
  3,283
  3,707
  4,152
  4,616
  5,099
  5,603
  6,127
  6,671
  7,238
  7,826
  8,437
  9,073
  9,733
  10,420
  11,135
  11,879
  12,654
  13,461
  14,302
  15,180
  16,095
  17,051
  18,049
Total liabilities, $m
  1,484
  1,713
  1,990
  2,289
  2,611
  2,954
  3,318
  3,702
  4,107
  4,531
  4,976
  5,440
  5,923
  6,427
  6,951
  7,495
  8,062
  8,650
  9,261
  9,897
  10,557
  11,244
  11,959
  12,703
  13,478
  14,285
  15,126
  16,004
  16,919
  17,875
  18,873
Total equity, $m
  1,280
  1,357
  1,576
  1,813
  2,068
  2,340
  2,628
  2,933
  3,253
  3,589
  3,941
  4,309
  4,692
  5,091
  5,506
  5,937
  6,386
  6,852
  7,336
  7,839
  8,363
  8,907
  9,473
  10,062
  10,676
  11,315
  11,982
  12,677
  13,402
  14,159
  14,950
Total liabilities and equity, $m
  2,764
  3,070
  3,566
  4,102
  4,679
  5,294
  5,946
  6,635
  7,360
  8,120
  8,917
  9,749
  10,615
  11,518
  12,457
  13,432
  14,448
  15,502
  16,597
  17,736
  18,920
  20,151
  21,432
  22,765
  24,154
  25,600
  27,108
  28,681
  30,321
  32,034
  33,823
Debt-to-equity ratio
  0.515
  0.660
  0.740
  0.810
  0.860
  0.910
  0.950
  0.980
  1.010
  1.030
  1.050
  1.070
  1.090
  1.100
  1.110
  1.120
  1.130
  1.140
  1.150
  1.160
  1.160
  1.170
  1.180
  1.180
  1.190
  1.190
  1.190
  1.200
  1.200
  1.200
  1.210
Adjusted equity ratio
  0.433
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442
  0.442

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  153
  -182
  -211
  -242
  -276
  -312
  -351
  -391
  -434
  -479
  -526
  -539
  -591
  -644
  -700
  -757
  -817
  -880
  -945
  -1,012
  -1,082
  -1,155
  -1,231
  -1,310
  -1,392
  -1,478
  -1,567
  -1,660
  -1,757
  -1,858
  -1,964
Depreciation, amort., depletion, $m
  132
  153
  173
  193
  215
  239
  264
  290
  318
  347
  378
  374
  407
  442
  478
  515
  554
  594
  636
  680
  725
  773
  822
  873
  926
  981
  1,039
  1,099
  1,162
  1,228
  1,297
Funds from operations, $m
  463
  -29
  -39
  -49
  -61
  -74
  -87
  -101
  -116
  -132
  -148
  -166
  -184
  -203
  -222
  -242
  -264
  -286
  -309
  -332
  -357
  -383
  -409
  -437
  -466
  -496
  -528
  -560
  -595
  -630
  -667
Change in working capital, $m
  61
  110
  120
  130
  139
  149
  158
  167
  175
  184
  193
  201
  210
  218
  227
  236
  246
  255
  265
  276
  286
  298
  310
  323
  336
  350
  365
  381
  397
  414
  433
Cash from operations, $m
  402
  -139
  -159
  -179
  -200
  -222
  -245
  -268
  -292
  -316
  -341
  -367
  -393
  -421
  -449
  -479
  -509
  -541
  -574
  -608
  -644
  -681
  -719
  -760
  -802
  -846
  -893
  -941
  -992
  -1,045
  -1,100
Maintenance CAPEX, $m
  0
  -100
  -118
  -137
  -157
  -179
  -203
  -228
  -254
  -282
  -311
  -342
  -374
  -407
  -442
  -478
  -515
  -554
  -594
  -636
  -680
  -725
  -773
  -822
  -873
  -926
  -981
  -1,039
  -1,099
  -1,162
  -1,228
New CAPEX, $m
  -138
  -186
  -202
  -218
  -234
  -250
  -265
  -280
  -295
  -309
  -324
  -338
  -352
  -367
  -382
  -397
  -412
  -428
  -445
  -463
  -481
  -500
  -521
  -542
  -564
  -588
  -613
  -639
  -667
  -696
  -727
Cash from investing activities, $m
  -211
  -286
  -320
  -355
  -391
  -429
  -468
  -508
  -549
  -591
  -635
  -680
  -726
  -774
  -824
  -875
  -927
  -982
  -1,039
  -1,099
  -1,161
  -1,225
  -1,294
  -1,364
  -1,437
  -1,514
  -1,594
  -1,678
  -1,766
  -1,858
  -1,955
Free cash flow, $m
  191
  -424
  -478
  -534
  -592
  -651
  -713
  -776
  -841
  -907
  -976
  -1,047
  -1,119
  -1,195
  -1,272
  -1,353
  -1,436
  -1,523
  -1,613
  -1,707
  -1,805
  -1,906
  -2,012
  -2,123
  -2,239
  -2,360
  -2,487
  -2,619
  -2,758
  -2,903
  -3,055
Issuance/(repayment) of debt, $m
  2
  254
  277
  299
  321
  343
  364
  385
  405
  425
  444
  464
  484
  504
  524
  545
  566
  588
  611
  635
  661
  687
  715
  744
  775
  807
  841
  878
  916
  956
  998
Issuance/(repurchase) of shares, $m
  -97
  384
  430
  480
  531
  584
  639
  696
  755
  815
  878
  907
  974
  1,043
  1,115
  1,189
  1,266
  1,346
  1,429
  1,516
  1,606
  1,699
  1,797
  1,899
  2,006
  2,117
  2,233
  2,355
  2,482
  2,615
  2,755
Cash from financing (excl. dividends), $m  
  -87
  638
  707
  779
  852
  927
  1,003
  1,081
  1,160
  1,240
  1,322
  1,371
  1,458
  1,547
  1,639
  1,734
  1,832
  1,934
  2,040
  2,151
  2,267
  2,386
  2,512
  2,643
  2,781
  2,924
  3,074
  3,233
  3,398
  3,571
  3,753
Total cash flow (excl. dividends), $m
  101
  214
  229
  245
  260
  275
  290
  305
  319
  333
  346
  324
  338
  352
  366
  381
  396
  411
  427
  444
  462
  480
  500
  520
  541
  564
  588
  613
  640
  668
  698
Retained Cash Flow (-), $m
  45
  -384
  -430
  -480
  -531
  -584
  -639
  -696
  -755
  -815
  -878
  -907
  -974
  -1,043
  -1,115
  -1,189
  -1,266
  -1,346
  -1,429
  -1,516
  -1,606
  -1,699
  -1,797
  -1,899
  -2,006
  -2,117
  -2,233
  -2,355
  -2,482
  -2,615
  -2,755
Prev. year cash balance distribution, $m
 
  125
  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
 
  -45
  -201
  -235
  -270
  -308
  -349
  -391
  -436
  -483
  -532
  -583
  -636
  -691
  -748
  -808
  -870
  -935
  -1,002
  -1,071
  -1,144
  -1,219
  -1,298
  -1,379
  -1,464
  -1,553
  -1,645
  -1,742
  -1,842
  -1,947
  -2,057
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  -44
  -184
  -204
  -223
  -239
  -253
  -264
  -272
  -277
  -279
  -277
  -271
  -263
  -251
  -237
  -221
  -203
  -184
  -165
  -145
  -126
  -108
  -90
  -75
  -60
  -48
  -37
  -29
  -21
  -15
Current shareholders' claim on cash, %
  100
  91.0
  83.1
  76.2
  70.0
  64.6
  59.7
  55.3
  51.4
  47.8
  44.5
  41.7
  39.0
  36.6
  34.4
  32.3
  30.3
  28.5
  26.9
  25.3
  23.8
  22.5
  21.2
  20.0
  18.9
  17.8
  16.8
  15.9
  15.0
  14.2
  13.4

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 28
Price to Sales 1.6
Price to Book 3.3
Price to Tangible Book
Price to Cash Flow 10.6
Price to Free Cash Flow 16.2
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 $2670 million for the last fiscal year's total revenue generated by Timken. The default revenue input number comes from 2016 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 17.4% 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 4.3%, 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 105.3%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 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 3.5% 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 39.8%.

Life of production assets of 10.6 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 23.7%. 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 - $1280 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 77.518 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 $4.3 billion.

RELATED COMPANIES Price Int.Val. Rating
ROLL RBC Bearings 129.64 44.70  str.sell
AIMC Altra Industri 53.35 156.54  str.buy
RXN Rexnord 28.76 24.38  hold
DOV Dover 104.41 280.59  str.buy

COMPANY NEWS

▶ 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]
▶ Stocks Showing Improved Relative Strength: Timken   [Sep-13-17 03:00AM  Investor's Business Daily]
▶ Trump shuts down council after slew of CEOs quit   [Aug-16-17 02:01PM  Yahoo Finance]
▶ Timken Declares Quarterly Dividend Of 27 Cents Per Share   [Aug-08-17 10:15AM  PR Newswire]
▶ Timken beats Street 2Q forecasts   [Jul-26-17 09:35PM  Associated Press]
▶ ETFs with exposure to The Timken Co. : July 25, 2017   [Jul-25-17 01:37PM  Capital Cube]
▶ ETFs with exposure to The Timken Co. : July 13, 2017   [Jul-13-17 04:43PM  Capital Cube]
▶ The Timken Co. Value Analysis (NYSE:TKR) : June 22, 2017   [Jun-22-17 05:11PM  Capital Cube]
▶ First Eagle Investment Slashes 5 Stakes in 1st Quarter   [May-05-17 06:34PM  GuruFocus.com]
▶ ETFs with exposure to The Timken Co. : May 2, 2017   [May-02-17 04:44PM  Capital Cube]
▶ Timken beats 1Q profit forecasts   [Apr-26-17 07:44AM  Associated Press]
▶ The Timken Co. Value Analysis (NYSE:TKR) : April 24, 2017   [Apr-24-17 03:54PM  Capital Cube]
▶ ETFs with exposure to The Timken Co. : April 7, 2017   [Apr-07-17 05:36PM  Capital Cube]
▶ Is Kite Pharma Inc (KITE) a Good Stock to Buy?   [Dec-13-16 07:10AM  at Insider Monkey]
▶ Hedge Funds Are Buying The Timken Company (TKR)   [02:23AM  at Insider Monkey]
Financial statements of TKR
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

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

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