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Toromont Industries TSX:TIH Stock Report

Last Price

CA$115.50

Market Cap

CA$9.5b

7D

-0.9%

1Y

2.4%

Updated

20 Nov, 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

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$115.50
52 Week HighCA$135.53
52 Week LowCA$109.50
Beta0.69
11 Month Change-14.23%
3 Month Change-5.81%
1 Year Change2.36%
33 Year Change4.70%
5 Year Change67.08%
Change since IPO85,853.49%

Recent News & Updates

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

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

Recent updates

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

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?

Shareholder Returns

TIHCA Trade DistributorsCA Market
7D-0.9%-0.6%0.7%
1Y2.4%6.3%21.7%

Return vs Industry: TIH underperformed the Canadian Trade Distributors industry which returned 6.3% over the past year.

Return vs Market: TIH underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is TIH's price volatile compared to industry and market?
TIH volatility
TIH Average Weekly Movement2.5%
Trade Distributors Industry Average Movement4.4%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
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$9.50b
Earnings (TTM)CA$504.27m
Revenue (TTM)CA$4.94b

18.8x

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 dividend15 days
Days until Dividend pay date46 days

Does TIH pay a reliable dividends?

See TIH dividend history and benchmarks