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Tree Island Steel TSX:TSL Stock Report

Last Price

CA$3.15

Market Cap

CA$85.4m

7D

-0.9%

1Y

5.4%

Updated

25 Apr, 2024

Data

Company Financials

TSL Stock Overview

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally.

TSL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends4/6

Tree Island Steel Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tree Island Steel
Historical stock prices
Current Share PriceCA$3.15
52 Week HighCA$3.70
52 Week LowCA$2.78
Beta0.97
1 Month Change-5.12%
3 Month Change-6.25%
1 Year Change5.35%
3 Year Change-6.80%
5 Year Change59.09%
Change since IPO-83.86%

Recent News & Updates

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

Recent updates

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
7D-0.9%-1.8%0.7%
1Y5.4%-6.2%5.5%

Return vs Industry: TSL exceeded the Canadian Metals and Mining industry which returned -6.2% over the past year.

Return vs Market: TSL matched the Canadian Market which returned 5.5% over the past year.

Price Volatility

Is TSL's price volatile compared to industry and market?
TSL volatility
TSL Average Weekly Movement3.2%
Metals and Mining Industry Average Movement11.4%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

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

Volatility Over Time: TSL's weekly volatility (3%) 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$85.37m
Earnings (TTM)CA$7.55m
Revenue (TTM)CA$239.57m

11.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TSL income statement (TTM)
RevenueCA$239.57m
Cost of RevenueCA$204.26m
Gross ProfitCA$35.31m
Other ExpensesCA$27.76m
EarningsCA$7.55m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)0.28
Gross Margin14.74%
Net Profit Margin3.15%
Debt/Equity Ratio0%

How did TSL perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

44%

Payout Ratio
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