Investment Biker
Long only, long/short equity

RTI International: Scaling Heights In Aerospace

This investment essay is on RTI International (NYSE:RTI), a pure play domestic titanium supplier. The article focuses on its business model and benefits it would enjoy from exposure to aerospace end markets.

RTI International is a leading producer and supplier of titanium mill products, fabricated titanium and specialty metal components for the international aerospace, defence, energy, medical device markets. RTI reports its operating results under the following 3 segments.

Titanium Fabrication Distribution Sales (%) 22 45 33 EBIT Share 48 23 30 EBIT Margin 16.4% 3.7% 6.7% Customers / end-market split Commercial aerospace (49%), Defense (28%), Industrial and consumer (23%) Aerospace & Defense (70%), Medical (15%), Deepwater Energy Exploration (15%) Commercial aerospace (59%), Defense (37%), Industrial and consumer ...
Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details