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Toromont Industries TSX:TIH Stock Report

Last Price

CA$129.56

Market Cap

CA$10.7b

7D

-1.4%

1Y

19.9%

Updated

18 Apr, 2024

Data

Company Financials +

TIH Stock Overview

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally.

TIH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Rewards

Risk Analysis

TIH passed our risk checks.

Toromont Industries Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Toromont Industries
Historical stock prices
Current Share PriceCA$129.56
52 Week HighCA$135.53
52 Week LowCA$100.81
Beta0.72
1 Month Change-0.87%
3 Month Change11.34%
1 Year Change19.85%
3 Year Change29.43%
5 Year Change86.96%
Change since IPO96,316.74%

Recent News & Updates

Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

Apr 14
Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

Mar 31
What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

Recent updates

Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

Apr 14
Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?

What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

Mar 31
What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You

These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Reasonably Well

Mar 01
These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Reasonably Well

Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.48

Feb 17
Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.48

Earnings Update: Here's Why Analysts Just Lifted Their Toromont Industries Ltd. (TSE:TIH) Price Target To CA$135

Feb 16
Earnings Update: Here's Why Analysts Just Lifted Their Toromont Industries Ltd. (TSE:TIH) Price Target To CA$135

Toromont Industries (TSE:TIH) Could Become A Multi-Bagger

Jan 08
Toromont Industries (TSE:TIH) Could Become A Multi-Bagger

Getting In Cheap On Toromont Industries Ltd. (TSE:TIH) Is Unlikely

Dec 27
Getting In Cheap On Toromont Industries Ltd. (TSE:TIH) Is Unlikely

Toromont Industries Ltd. (TSE:TIH) Shares Could Be 23% Above Their Intrinsic Value Estimate

Nov 29
Toromont Industries Ltd. (TSE:TIH) Shares Could Be 23% Above Their Intrinsic Value Estimate

Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly

Nov 13
Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly

Toromont Industries (TSE:TIH) Is Investing Its Capital With Increasing Efficiency

Sep 27
Toromont Industries (TSE:TIH) Is Investing Its Capital With Increasing Efficiency

Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?

Sep 08
Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?

Is Toromont Industries Ltd. (TSE:TIH) Worth CA$110 Based On Its Intrinsic Value?

Aug 19
Is Toromont Industries Ltd. (TSE:TIH) Worth CA$110 Based On Its Intrinsic Value?

Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly

Aug 04
Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly

Toromont Industries (TSE:TIH) Is Achieving High Returns On Its Capital

Jun 29
Toromont Industries (TSE:TIH) Is Achieving High Returns On Its Capital

Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?

Jun 10
Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?

Toromont Industries (TSE:TIH) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

May 04
Toromont Industries (TSE:TIH) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?

Apr 18
Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?

Returns on Capital Paint A Bright Future For Toromont Industries (TSE:TIH)

Mar 22
Returns on Capital Paint A Bright Future For Toromont Industries (TSE:TIH)

Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.43

Feb 19
Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.43

We Ran A Stock Scan For Earnings Growth And Toromont Industries (TSE:TIH) Passed With Ease

Jan 21
We Ran A Stock Scan For Earnings Growth And Toromont Industries (TSE:TIH) Passed With Ease

Toromont Industries (TSE:TIH) Seems To Use Debt Rather Sparingly

Jan 09
Toromont Industries (TSE:TIH) Seems To Use Debt Rather Sparingly

A Look At The Intrinsic Value Of Toromont Industries Ltd. (TSE:TIH)

Dec 15
A Look At The Intrinsic Value Of Toromont Industries Ltd. (TSE:TIH)

Slowing Rates Of Return At Toromont Industries (TSE:TIH) Leave Little Room For Excitement

Dec 02
Slowing Rates Of Return At Toromont Industries (TSE:TIH) Leave Little Room For Excitement

Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?

Oct 18
Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?

These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Safely

Oct 04
These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Safely

Is Toromont Industries Ltd. (TSE:TIH) Trading At A 22% Discount?

Sep 05
Is Toromont Industries Ltd. (TSE:TIH) Trading At A 22% Discount?

Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?

Jul 14
Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?

Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?

Jun 30
Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?

Calculating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

May 05
Calculating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Here's Why I Think Toromont Industries (TSE:TIH) Might Deserve Your Attention Today

Apr 07
Here's Why I Think Toromont Industries (TSE:TIH) Might Deserve Your Attention Today

Toromont Industries (TSE:TIH) Will Pay A Larger Dividend Than Last Year At CA$0.39

Mar 01
Toromont Industries (TSE:TIH) Will Pay A Larger Dividend Than Last Year At CA$0.39

Shareholder Returns

TIHCA Trade DistributorsCA Market
7D-1.4%-1.8%-1.9%
1Y19.9%19.1%3.7%

Return vs Industry: TIH exceeded the Canadian Trade Distributors industry which returned 18.7% over the past year.

Return vs Market: TIH exceeded the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is TIH's price volatile compared to industry and market?
TIH volatility
TIH Average Weekly Movement2.6%
Trade Distributors Industry Average Movement3.6%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.1%

Stable Share Price: TIH has not had significant price volatility in the past 3 months.

Volatility Over Time: TIH's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19617,000Mike McMillanwww.toromont.com

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services.

Toromont Industries Ltd. Fundamentals Summary

How do Toromont Industries's earnings and revenue compare to its market cap?
TIH fundamental statistics
Market capCA$10.65b
Earnings (TTM)CA$529.11m
Revenue (TTM)CA$4.62b

20.1x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TIH income statement (TTM)
RevenueCA$4.62b
Cost of RevenueCA$3.38b
Gross ProfitCA$1.24b
Other ExpensesCA$715.78m
EarningsCA$529.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 01, 2024

Earnings per share (EPS)6.44
Gross Margin26.93%
Net Profit Margin11.45%
Debt/Equity Ratio24.1%

How did TIH perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

27%

Payout Ratio
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