Toromont Industries Future Growth
Future criteria checks 1/6
Toromont Industries is forecast to grow earnings and revenue by 5.2% and 3.4% per annum respectively. EPS is expected to grow by 3.6% per annum. Return on equity is forecast to be 19.4% in 3 years.
Key information
5.2%
Earnings growth rate
4.4%
EPS growth rate
| Trade Distributors earnings growth | 6.2% |
| Revenue growth rate | 3.4% |
| Future return on equity | 19.4% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Are Toromont Industries Ltd. (TSE:TIH) Investors Paying Above The Intrinsic Value?
Apr 14
What 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 05Here's Why I Think Toromont Industries (TSE:TIH) Might Deserve Your Attention Today
Apr 07Toromont Industries (TSE:TIH) Will Pay A Larger Dividend Than Last Year At CA$0.39
Mar 01Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 4,872 | N/A | 457 | N/A | 1 |
| 12/31/2025 | 5,009 | 588 | 456 | 722 | 9 |
| 12/31/2024 | 4,801 | 554 | 416 | 719 | 9 |
| 12/31/2023 | 4,622 | 529 | 241 | 356 | N/A |
| 9/30/2023 | 4,639 | 537 | 125 | 221 | N/A |
| 6/30/2023 | 4,552 | 512 | 51 | 134 | N/A |
| 3/31/2023 | 4,430 | 490 | 13 | 98 | N/A |
| 12/31/2022 | 4,115 | 450 | 148 | 217 | N/A |
| 9/30/2022 | 3,943 | 397 | 221 | 283 | N/A |
| 6/30/2022 | 3,854 | 371 | 314 | 384 | N/A |
| 3/31/2022 | 3,927 | 345 | 332 | 410 | N/A |
| 12/31/2021 | 3,887 | 333 | 472 | 543 | N/A |
| 9/30/2021 | 3,923 | 316 | 377 | 444 | N/A |
| 6/30/2021 | 3,847 | 300 | 309 | 356 | N/A |
| 3/31/2021 | 3,570 | 265 | 412 | 441 | N/A |
| 12/31/2020 | 3,479 | 255 | 306 | 349 | N/A |
| 9/30/2020 | 3,512 | 256 | 319 | 367 | N/A |
| 6/30/2020 | 3,565 | 259 | 355 | 404 | N/A |
| 3/31/2020 | 3,694 | 285 | 175 | 245 | N/A |
| 12/31/2019 | 3,679 | 287 | 89 | 146 | N/A |
| 9/30/2019 | 3,620 | 281 | 89 | 153 | N/A |
| 6/30/2019 | 3,544 | 270 | 51 | 122 | N/A |
| 3/31/2019 | 3,527 | 260 | 178 | 227 | N/A |
| 12/31/2018 | 3,504 | 252 | 457 | 506 | N/A |
| 9/30/2018 | 3,361 | 226 | 546 | 588 | N/A |
| 6/30/2018 | 3,045 | 207 | 517 | 554 | N/A |
| 3/31/2018 | 2,615 | 180 | 377 | 417 | N/A |
| 12/31/2017 | 2,350 | 176 | 224 | 262 | N/A |
| 9/30/2017 | 2,020 | 162 | N/A | 104 | N/A |
| 6/30/2017 | 1,945 | 161 | N/A | 165 | N/A |
| 3/31/2017 | 1,936 | 159 | N/A | 161 | N/A |
| 12/31/2016 | 1,912 | 156 | N/A | 189 | N/A |
| 9/30/2016 | 1,892 | 155 | N/A | 232 | N/A |
| 6/30/2016 | 1,888 | 152 | N/A | 97 | N/A |
| 3/31/2016 | 1,850 | 150 | N/A | 72 | N/A |
| 12/31/2015 | 1,802 | 146 | N/A | 28 | N/A |
| 9/30/2015 | 1,796 | 147 | N/A | 0 | N/A |
| 6/30/2015 | 1,758 | 142 | N/A | 38 | N/A |
| 3/31/2015 | 1,689 | 135 | N/A | 108 | N/A |
| 12/31/2014 | 1,660 | 133 | N/A | 144 | N/A |
| 9/30/2014 | 1,602 | 122 | N/A | 134 | N/A |
| 6/30/2014 | 1,633 | 125 | N/A | 173 | N/A |
| 3/31/2014 | 1,592 | 124 | N/A | 172 | N/A |
| 12/31/2013 | 1,593 | 123 | N/A | 201 | N/A |
| 9/30/2013 | 1,617 | 133 | N/A | 175 | N/A |
| 6/30/2013 | 1,534 | 122 | N/A | 171 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TIH's forecast earnings growth (5.2% per year) is above the savings rate (2%).
Earnings vs Market: TIH's earnings (5.2% per year) are forecast to grow slower than the Canadian market (11.6% per year).
High Growth Earnings: TIH's earnings are forecast to grow, but not significantly.
Revenue vs Market: TIH's revenue (3.4% per year) is forecast to grow slower than the Canadian market (6.6% per year).
High Growth Revenue: TIH's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TIH's Return on Equity is forecast to be low in 3 years time (19.4%).