TTS (transport Trade Services) S.A. (TTS) Stock Price, Fundamentals & Analysis

What TTS does

TTS (transport Trade Services) S.A. (TTS) is a Romanian freight forwarding company listed on the Bucharest Stock Exchange (BVB). It operates through three segments — Shipping, River Transport, and Port Operations — and provides transshipment services between ships, barges, wagons, and trucks, as well as storage in the Port of Constanta and other Danube ports. The company handles a wide range of general and bulk cargo, including agricultural products, chemicals, steel scraps, coal, coke, ores, wood, and petroleum products. TTS was incorporated in 1997 and is headquartered in Bucharest, Romania.

Key numbers explained

• The current price is 6.6 RON, down -2.94% today, with a 52-week range of 4.86 – 7.54 RON and a 1-year return of 35.5%.
• The trailing P/E ratio of 132 is high relative to the forward P/E ratio of 18.9, reflecting that the stock is priced against very low recent earnings (0.05 RON per share) but higher expected earnings.
• The dividend yield is 1.1%, with an ex-dividend date of 22 May 2026; the company pays out 145% of its trailing earnings as dividends.
• Market capitalisation stands at 1.19 mld. RON, with 1.115 employees and a beta of 0.48, indicating lower volatility than the broader market.
• Revenue for the trailing 12 months is 656.7 mil. RON, growing 2.1% year over year, with a profit margin of 1.4% and an operating margin of 5.5%.
• The debt-to-equity ratio is 21.5%, and the price-to-book ratio is 1.36.

Recent news

Recent headlines include a videoconference for investors and analysts covering the first half 2026 financial results, the release of the S1 2026 semi-annual report, and trading bulletins for July and June 2026 focusing on liquidity and market capitalisation. Another headline notes the completion of the investment in the expansion of the Canopus grain terminal in Constanta.

What to watch

As a mid-cap industrial stock on the BVB, TTS is sensitive to changes in Romania's trade volumes, commodity prices, and port activity along the Danube and the Black Sea. Investors often compare it with peers such as IAR SA Brasov (IARV) and broader logistics names like CSX Corporation (CSX) or Ferguson Enterprises (FERG) to contextualise its valuation and growth profile. The low profit margin and high trailing P/E ratio suggest that earnings quality and future earnings growth are key factors to monitor.