TIH Stock Overview
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
Rewards
Risk Analysis
TIH passed our risk checks.
Toromont Industries Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$124.31 |
| 52 Week High | CA$135.53 |
| 52 Week Low | CA$100.81 |
| Beta | 0.73 |
| 1 Month Change | -7.82% |
| 3 Month Change | 4.07% |
| 1 Year Change | 17.65% |
| 3 Year Change | 19.93% |
| 5 Year Change | 106.70% |
| Change since IPO | 92,409.77% |
Recent News & Updates
Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
May 05
Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value
Apr 30Recent updates
Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
May 05Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value
Apr 30Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?
Apr 14What Toromont Industries Ltd.'s (TSE:TIH) P/E Is Not Telling You
Mar 31These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Reasonably Well
Mar 01Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.48
Feb 17Earnings Update: Here's Why Analysts Just Lifted Their Toromont Industries Ltd. (TSE:TIH) Price Target To CA$135
Feb 16Toromont Industries (TSE:TIH) Could Become A Multi-Bagger
Jan 08Getting In Cheap On Toromont Industries Ltd. (TSE:TIH) Is Unlikely
Dec 27Toromont Industries Ltd. (TSE:TIH) Shares Could Be 23% Above Their Intrinsic Value Estimate
Nov 29Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly
Nov 13Toromont Industries (TSE:TIH) Is Investing Its Capital With Increasing Efficiency
Sep 27Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?
Sep 08Is Toromont Industries Ltd. (TSE:TIH) Worth CA$110 Based On Its Intrinsic Value?
Aug 19Toromont Industries (TSE:TIH) Seems To Use Debt Quite Sensibly
Aug 04Toromont Industries (TSE:TIH) Is Achieving High Returns On Its Capital
Jun 29Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?
Jun 10Toromont Industries (TSE:TIH) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 04Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?
Apr 18Returns on Capital Paint A Bright Future For Toromont Industries (TSE:TIH)
Mar 22Toromont Industries (TSE:TIH) Is Increasing Its Dividend To CA$0.43
Feb 19We Ran A Stock Scan For Earnings Growth And Toromont Industries (TSE:TIH) Passed With Ease
Jan 21Toromont Industries (TSE:TIH) Seems To Use Debt Rather Sparingly
Jan 09A Look At The Intrinsic Value Of Toromont Industries Ltd. (TSE:TIH)
Dec 15Slowing Rates Of Return At Toromont Industries (TSE:TIH) Leave Little Room For Excitement
Dec 02Does Toromont Industries (TSE:TIH) Deserve A Spot On Your Watchlist?
Oct 18These 4 Measures Indicate That Toromont Industries (TSE:TIH) Is Using Debt Safely
Oct 04Is Toromont Industries Ltd. (TSE:TIH) Trading At A 22% Discount?
Sep 05Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?
Jul 14Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?
Jun 30Calculating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)
May 05Shareholder Returns
| TIH | CA Trade Distributors | CA Market | |
|---|---|---|---|
| 7D | 1.7% | 1.9% | 3.1% |
| 1Y | 17.7% | 17.0% | 9.9% |
Return vs Industry: TIH exceeded the Canadian Trade Distributors industry which returned 15.5% over the past year.
Return vs Market: TIH exceeded the Canadian Market which returned 8.8% over the past year.
Price Volatility
| TIH volatility | |
|---|---|
| TIH Average Weekly Movement | 2.7% |
| Trade Distributors Industry Average Movement | 4.0% |
| Market Average Movement | 8.7% |
| 10% most volatile stocks in CA Market | 17.7% |
| 10% least volatile stocks in CA Market | 3.1% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 7,000 | Mike McMillan | www.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
| TIH fundamental statistics | |
|---|---|
| Market cap | CA$10.22b |
| Earnings (TTM) | CA$516.91m |
| Revenue (TTM) | CA$4.59b |
19.8x
P/E Ratio2.2x
P/S RatioIs TIH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TIH income statement (TTM) | |
|---|---|
| Revenue | CA$4.59b |
| Cost of Revenue | CA$3.36b |
| Gross Profit | CA$1.23b |
| Other Expenses | CA$715.04m |
| Earnings | CA$516.91m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.29 |
| Gross Margin | 26.83% |
| Net Profit Margin | 11.26% |
| Debt/Equity Ratio | 23.5% |
How did TIH perform over the long term?
See historical performance and comparisonDividends
1.5%
Current Dividend Yield28%
Payout RatioDoes TIH pay a reliable dividends?
See TIH dividend history and benchmarks| Toromont Industries dividend dates | |
|---|---|
| Ex Dividend Date | Jun 07 2024 |
| Dividend Pay Date | Jul 05 2024 |
| Days until Ex dividend | 27 days |
| Days until Dividend pay date | 55 days |
Does TIH pay a reliable dividends?
See TIH dividend history and benchmarks