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Tree Island Steel TSX:TSL Stock Report

Last Price

CA$2.97

Market Cap

CA$75.2m

7D

4.6%

1Y

-14.7%

Updated

30 Jan, 2025

Data

Company Financials

Tree Island Steel Ltd.

TSX:TSL Stock Report

Market Cap: CA$75.2m

TSL Stock Overview

Manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. More details

TSL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends2/6

Risk Analysis

Dividend of 4.04% is not well covered by earnings or free cash flows

Does not have a meaningful market cap (CA$75M)


My Notes

Capture your thoughts, links and company narrative

Tree Island Steel Ltd. Competitors

Corsa Coal

TSXV:CSO.H

CA$22.8m

ADF Group

TSX:DRX

CA$243.8m

Canaf Investments

TSXV:CAF

CA$18.5m

Labrador Iron Ore Royalty

TSX:LIF

CA$2.0b

Price History & Performance

Summary of share price highs, lows and changes for Tree Island Steel
Historical stock prices
Current Share PriceCA$2.97
52 Week HighCA$3.70
52 Week LowCA$2.48
Beta0.96
1 Month Change-6.01%
3 Month Change7.61%
1 Year Change-14.66%
3 Year Change-40.24%
5 Year Change41.43%
Change since IPO-84.78%

Recent News & Updates

Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03

Dec 17
Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03

Recent updates

Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03

Dec 17
Tree Island Steel's (TSE:TSL) Dividend Will Be CA$0.03

Tree Island Steel (TSE:TSL) Has Announced A Dividend Of CA$0.03

Sep 20
Tree Island Steel (TSE:TSL) Has Announced A Dividend Of CA$0.03

Tree Island Steel's (TSE:TSL) Soft Earnings Don't Show The Whole Picture

Mar 22
Tree Island Steel's (TSE:TSL) Soft Earnings Don't Show The Whole Picture

Calculating The Intrinsic Value Of Tree Island Steel Ltd. (TSE:TSL)

Jul 31
Calculating The Intrinsic Value Of Tree Island Steel Ltd. (TSE:TSL)

Tree Island Steel (TSE:TSL) Is Paying Out A Dividend Of CA$0.05

Jun 20
Tree Island Steel (TSE:TSL) Is Paying Out A Dividend Of CA$0.05

Investors Should Be Encouraged By Tree Island Steel's (TSE:TSL) Returns On Capital

May 10
Investors Should Be Encouraged By Tree Island Steel's (TSE:TSL) Returns On Capital

If You Like EPS Growth Then Check Out Tree Island Steel (TSE:TSL) Before It's Too Late

Mar 04
If You Like EPS Growth Then Check Out Tree Island Steel (TSE:TSL) Before It's Too Late

We Think That There Are Issues Underlying Tree Island Steel's (TSE:TSL) Earnings

Nov 17
We Think That There Are Issues Underlying Tree Island Steel's (TSE:TSL) Earnings

We Think Tree Island Steel (TSE:TSL) Can Stay On Top Of Its Debt

Sep 13
We Think Tree Island Steel (TSE:TSL) Can Stay On Top Of Its Debt

Shareholder Returns

TSLCA Metals and MiningCA Market
7D4.6%0.2%0.05%
1Y-14.7%30.7%17.5%

Return vs Industry: TSL underperformed the Canadian Metals and Mining industry which returned 30.7% over the past year.

Return vs Market: TSL underperformed the Canadian Market which returned 17.5% over the past year.

Price Volatility

Is TSL's price volatile compared to industry and market?
TSL volatility
TSL Average Weekly Movement6.1%
Metals and Mining Industry Average Movement10.5%
Market Average Movement8.3%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: TSL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964430n/awww.treeisland.com

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; welded wire concrete reinforcing mesh and other fabricated wire products for heavy construction industry and infrastructure projects; and nails and stucco reinforcing products for residential and light commercial construction. The company also provides black annealed wires, woven and welded wires, corners, and accessories.

Tree Island Steel Ltd. Fundamentals Summary

How do Tree Island Steel's earnings and revenue compare to its market cap?
TSL fundamental statistics
Market capCA$75.19m
Earnings (TTM)-CA$2.51m
Revenue (TTM)CA$208.93m

0.4x

P/S Ratio

-30.8x

P/E Ratio

Is TSL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSL income statement (TTM)
RevenueCA$208.93m
Cost of RevenueCA$188.71m
Gross ProfitCA$20.21m
Other ExpensesCA$22.72m
Earnings-CA$2.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.096
Gross Margin9.67%
Net Profit Margin-1.20%
Debt/Equity Ratio0%

How did TSL perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

-128%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 00:16
End of Day Share Price 2025/01/30 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

Tree Island Steel Ltd. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yuri LynkCanaccord Genuity
Margaret MacDougallCormark Securities Inc.
David QuezadaRaymond James Ltd.