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Toromont Industries TSX:TIH Stock Report

Last Price

CA$114.06

Market Cap

CA$9.3b

7D

2.2%

1Y

-1.4%

Updated

22 Dec, 2024

Data

Company Financials +

TIH Stock Overview

Provides specialized capital equipment in Canada, the United States, and internationally. More details

TIH fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

TIH passed our risk checks.

My Notes

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CA$134.00
FV
14.9% undervalued intrinsic discount
3.42%
Revenue growth p.a.
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3 days ago author updated this narrative

Toromont Industries Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Toromont Industries
Historical stock prices
Current Share PriceCA$114.06
52 Week HighCA$135.53
52 Week LowCA$109.83
Beta0.65
1 Month Change-2.30%
3 Month Change-12.07%
1 Year Change-1.36%
3 Year Change0.68%
5 Year Change61.83%
Change since IPO84,781.86%

Recent News & Updates

Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

Nov 22
Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

Recent updates

Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

Nov 22
Returns On Capital At Toromont Industries (TSE:TIH) Have Stalled

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

Oct 31
Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Toromont Industries Ltd.'s (TSE:TIH) Price Is Out Of Tune With Earnings

Oct 01
Toromont Industries Ltd.'s (TSE:TIH) Price Is Out Of Tune With Earnings

Toromont Industries (TSE:TIH) Hasn't Managed To Accelerate Its Returns

Aug 19
Toromont Industries (TSE:TIH) Hasn't Managed To Accelerate Its Returns

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

Jul 29
Estimating The Fair Value Of Toromont Industries Ltd. (TSE:TIH)

Is Now The Time To Put Toromont Industries (TSE:TIH) On Your Watchlist?

Jul 16
Is Now The Time To Put Toromont Industries (TSE:TIH) On Your Watchlist?

Toromont Industries Ltd. (TSE:TIH) Investors Are Less Pessimistic Than Expected

Jul 02
Toromont Industries Ltd. (TSE:TIH) Investors Are Less Pessimistic Than Expected

Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

May 05
Toromont Industries Ltd. Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next

Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value

Apr 30
Shareholders Are Optimistic That Toromont Industries (TSE:TIH) Will Multiply In Value

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

Shareholder Returns

TIHCA Trade DistributorsCA Market
7D2.2%-0.6%-2.6%
1Y-1.4%-2.4%15.2%

Return vs Industry: TIH exceeded the Canadian Trade Distributors industry which returned -2.5% over the past year.

Return vs Market: TIH underperformed the Canadian Market which returned 15.2% over the past year.

Price Volatility

Is TIH's price volatile compared to industry and market?
TIH volatility
TIH Average Weekly Movement2.4%
Trade Distributors Industry Average Movement4.2%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: TIH's weekly volatility (2%) 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$9.35b
Earnings (TTM)CA$504.27m
Revenue (TTM)CA$4.94b

18.5x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TIH income statement (TTM)
RevenueCA$4.94b
Cost of RevenueCA$3.71b
Gross ProfitCA$1.24b
Other ExpensesCA$731.53m
EarningsCA$504.27m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.15
Gross Margin25.01%
Net Profit Margin10.21%
Debt/Equity Ratio22.4%

How did TIH perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

30%

Payout Ratio

Does TIH pay a reliable dividends?

See TIH dividend history and benchmarks
When do you need to buy TIH by to receive an upcoming dividend?
Toromont Industries dividend dates
Ex Dividend DateDec 06 2024
Dividend Pay DateJan 06 2025
Days until Ex dividend16 days
Days until Dividend pay date15 days

Does TIH pay a reliable dividends?

See TIH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toromont Industries Ltd. is covered by 18 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David HeasmanAccountability Research Corporation
Devin DodgeBMO Capital Markets Equity Research
null nullBMO Capital Markets Equity Research