Toromont Industries Ltd.

TSX:TIH Stock Report

Market Cap: CA$9.4b

Toromont Industries Future Growth

Future criteria checks 1/6

Toromont Industries is forecast to grow earnings and revenue by 5.3% and 3.3% per annum respectively. EPS is expected to grow by 6.3% per annum. Return on equity is forecast to be 17.7% in 3 years.

Key information

5.3%

Earnings growth rate

6.3%

EPS growth rate

Trade Distributors earnings growth10.4%
Revenue growth rate3.3%
Future return on equity17.7%
Analyst coverage

Good

Last updated16 Dec 2024

Recent future growth updates

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

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

Recent updates

Is Toromont Industries (TSE:TIH) Using Too Much Debt?

Dec 26
Is Toromont Industries (TSE:TIH) Using Too Much Debt?

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

Earnings and Revenue Growth Forecasts

TSX:TIH - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20265,3535614216995
12/31/20255,1155304707469
12/31/20245,0074951924489
9/30/20244,941504159289N/A
6/30/20244,777519282421N/A
3/31/20244,592517467588N/A
12/31/20234,622529241356N/A
9/30/20234,524533126221N/A
6/30/20234,43650852134N/A
3/31/20234,3154861498N/A
12/31/20224,115450148217N/A
9/30/20223,943397221283N/A
6/30/20223,854371314384N/A
3/31/20223,927345332410N/A
12/31/20213,887333472543N/A
9/30/20213,923316377444N/A
6/30/20213,847300309356N/A
3/31/20213,570265412441N/A
12/31/20203,479255306349N/A
9/30/20203,512256319367N/A
6/30/20203,565259355404N/A
3/31/20203,694285175245N/A
12/31/20193,67928789146N/A
9/30/20193,62028189153N/A
6/30/20193,54427051122N/A
3/31/20193,527260178227N/A
12/31/20183,504252457506N/A
9/30/20183,361226546588N/A
6/30/20183,045207N/A554N/A
3/31/20182,615180N/A417N/A
12/31/20172,350176N/A262N/A
9/30/20172,020162N/A104N/A
6/30/20171,945161N/A165N/A
3/31/20171,936159N/A161N/A
12/31/20161,912156N/A189N/A
9/30/20161,892155N/A232N/A
6/30/20161,888152N/A97N/A
3/31/20161,850150N/A72N/A
12/31/20151,802146N/A28N/A
9/30/20151,796147N/A0N/A
6/30/20151,758142N/A38N/A
3/31/20151,689135N/A108N/A
12/31/20141,660133N/A144N/A
9/30/20141,602122N/A134N/A
6/30/20141,633125N/A173N/A
3/31/20141,592124N/A172N/A
12/31/20131,593123N/A201N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TIH's forecast earnings growth (5.3% per year) is above the savings rate (2.3%).

Earnings vs Market: TIH's earnings (5.3% per year) are forecast to grow slower than the Canadian market (15.5% per year).

High Growth Earnings: TIH's earnings are forecast to grow, but not significantly.

Revenue vs Market: TIH's revenue (3.3% per year) is forecast to grow slower than the Canadian market (7.1% per year).

High Growth Revenue: TIH's revenue (3.3% 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 (17.7%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 03:51
End of Day Share Price 2024/12/24 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