Toromont Industries Ltd. trades with the ticker TIH on the TSX and is in the Industrial Distribution industry.
Overview
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. This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is headquartered in Concord, Canada.
Looking to invest in Toromont Industries Ltd.? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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TIH.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $10173.882MM
PE Ratio: 19.375
Price: 123.86 (Updated: 3/12/2024 0:47:16)
Toromont Industries Ltd. (TIH) vs Competitors in Industrial Distribution
Lets see how TIH.TO stacks up against others in the Industrial Distribution asset management industry. We have identified its main peers as:Finning International Inc, Rocky Mountain Dealerships Inc, Russel Metals Inc, Strongco Corporation, Toromont Industries Ltd
.Industrial Distribution Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Finning International Inc (FTT) | $5,067.606 | 9.941 | 6.015 | 2.8% |
| Rocky Mountain Dealerships Inc (RME) | $142.5 | 21.083 | 4.709 | 2.3% |
| Russel Metals Inc (RUS) | $2,649.239 | 10.132 | 5.483 | 3.6% |
| Strongco Corporation (SQP) | $41.987 | 8.75 | 7.252 | 0.0% |
| Toromont Industries Ltd (TIH) | $10,173.882 | 19.375 | 10.514 | 1.6% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Industrial Distribution
- Toromont Industries Ltd. (TIH) vs Finning International Inc (FTT)
- TIH has higher EPS (6.38 vs 3.54). FTT has higher dividend yield (2.8% vs 1.6%). TIH has a higher P/E ratio (19.375 vs 9.941) indicating it’s more expensive.
- Toromont Industries Ltd. (TIH) vs Rocky Mountain Dealerships Inc (RME)
- TIH has higher EPS (6.38 vs 0.351). RME has higher dividend yield (2.3% vs 1.6%). RME has a higher P/E ratio (21.083 vs 19.375) indicating it’s more expensive.
- Toromont Industries Ltd. (TIH) vs Russel Metals Inc (RUS)
- TIH has higher EPS (6.38 vs 4.33). RUS has higher dividend yield (3.6% vs 1.6%). TIH has a higher P/E ratio (19.375 vs 10.132) indicating it’s more expensive.
- Toromont Industries Ltd. (TIH) vs Strongco Corporation (SQP)
- TIH has higher EPS (6.38 vs 0.353). TIH has higher dividend yield (1.6% vs 0.0%). TIH has a higher P/E ratio (19.375 vs 8.75) indicating it’s more expensive.
- Toromont Industries Ltd. (TIH) vs Toromont Industries Ltd (TIH)
- TIH has higher EPS (6.38 vs 6.38). TIH has higher dividend yield (1.6% vs 1.6%). TIH has a higher P/E ratio (19.375 vs 19.375) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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