Toromont Industries (TSX:TIH) Stock Price & Quote Analysis

TIH fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

TIH Stock Overview

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally.

Rewards

Trading at 16.1% below our estimate of its fair value

Earnings are forecast to grow 6.63% per year

Earnings have grown 13.4% per year over the past 5 years

Risk Analysis

No risks detected for TIH from our risk checks.

Toromont Industries Ltd. Competitors

Finning International

TSX:FTT

CA$4.5b

Russel Metals

TSX:RUS

CA$1.9b

Richelieu Hardware

TSX:RCH

CA$2.2b

Wajax

TSX:WJX

CA$478.7m

Price History & Performance

Summary of all time highs, changes and price drops for Toromont Industries
Historical stock prices
Current Share Price	CA$107.06
52 Week High	CA$124.25
52 Week Low	CA$93.25
Beta	0.73
1 Month Change	11.31%
3 Month Change	-3.81%
1 Year Change	-0.13%
3 Year Change	72.59%
5 Year Change	142.93%
Change since IPO	14,174.67%

Recent News & Updates

Jul 14

Do Toromont Industries' (TSE:TIH) Earnings Warrant Your Attention?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Jun 30

Does Toromont Industries (TSE:TIH) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

	TIH	CA Trade Distributors	CA Market
7D	-0.4%	2.4%	3.0%
1Y	-0.1%	-8.5%	0.7%

Return vs Industry: TIH exceeded the Canadian Trade Distributors industry which returned -9.7% over the past year.

Return vs Market: TIH matched the Canadian Market which returned -0.2% over the past year.

Price Volatility

Is TIH's price volatile compared to industry and market?
TIH volatility
TIH Average Weekly Movement	3.7%
Trade Distributors Industry Average Movement	5.7%
Market Average Movement	10.6%
10% most volatile stocks in CA Market	19.0%
10% least volatile stocks in CA Market	4.3%

Stable Share Price: TIH is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TIH's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1961	6,400	Scott Medhurst	https://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

How do Toromont Industries's earnings and revenue compare to its market cap?
TIH fundamental statistics
Market Cap	CA$8.79b
Earnings (TTM)	CA$370.57m
Revenue (TTM)	CA$3.89b

23.7x

P/E Ratio

2.3x

P/S Ratio

Is TIH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TIH income statement (TTM)
Revenue	CA$3.89b
Cost of Revenue	CA$2.87b
Gross Profit	CA$1.03b
Other Expenses	CA$657.64m
Earnings	CA$370.57m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Nov 01, 2022

Earnings per share (EPS)	4.51
Gross Margin	26.40%
Net Profit Margin	9.52%
Debt/Equity Ratio	31.3%

How did TIH perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

33%

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 Date	Sep 07 2022
Dividend Pay Date	Oct 04 2022
Days until Ex dividend	24 days
Days until Dividend pay date	51 days