Toromont Industries Stock Performance
| TIH Stock | CAD 115.25 0.67 0.58% |
The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Toromont Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding Toromont Industries is expected to be smaller as well. At this point, Toromont Industries has a negative expected return of -0.0638%. Please make sure to validate Toromont Industries' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day median price , to decide if Toromont Industries performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Toromont Industries has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical indicators, Toromont Industries is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0168 | Payout Ratio 0.3137 | Last Split Factor 2:1 | Forward Dividend Rate 1.92 | Dividend Date 2025-01-06 |
1 | Toromont Industries five-year earnings growth trails the impressive shareholder returns - Simply Wall St | 09/16/2024 |
2 | Toromont Industries Stock Price Crosses Above Two Hundred Day Moving Average of 124.69 - MarketBeat | 10/01/2024 |
3 | Toromont Industries to Announce Q3 2024 Results - TipRanks | 10/21/2024 |
| Begin Period Cash Flow | 927.8 M |
Toromont |
Toromont Industries Relative Risk vs. Return Landscape
If you would invest 12,037 in Toromont Industries on August 31, 2024 and sell it today you would lose (512.00) from holding Toromont Industries or give up 4.25% of portfolio value over 90 days. Toromont Industries is producing return of less than zero assuming 1.127% volatility of returns over the 90 days investment horizon. Simply put, 10% of all stocks have less volatile historical return distribution than Toromont Industries, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Toromont Industries Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toromont Industries' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Toromont Industries, and traders can use it to determine the average amount a Toromont Industries' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0566
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TIH |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Toromont Industries is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Toromont Industries by adding Toromont Industries to a well-diversified portfolio.
Toromont Industries Fundamentals Growth
Toromont Stock prices reflect investors' perceptions of the future prospects and financial health of Toromont Industries, and Toromont Industries fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Toromont Stock performance.
| Return On Equity | 0.18 | ||||
| Return On Asset | 0.0912 | ||||
| Profit Margin | 0.10 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 9.45 B | ||||
| Shares Outstanding | 81.94 M | ||||
| Price To Earning | 28.08 X | ||||
| Price To Book | 3.26 X | ||||
| Price To Sales | 1.91 X | ||||
| Revenue | 4.62 B | ||||
| Gross Profit | 1.13 B | ||||
| EBITDA | 932.65 M | ||||
| Net Income | 529.11 M | ||||
| Cash And Equivalents | 537.17 M | ||||
| Cash Per Share | 6.54 X | ||||
| Total Debt | 682.06 M | ||||
| Debt To Equity | 0.49 % | ||||
| Current Ratio | 2.07 X | ||||
| Book Value Per Share | 35.39 X | ||||
| Cash Flow From Operations | 355.79 M | ||||
| Earnings Per Share | 6.10 X | ||||
| Market Capitalization | 9.44 B | ||||
| Total Asset | 4.57 B | ||||
| Retained Earnings | 2.08 B | ||||
| Working Capital | 1.74 B | ||||
| Current Asset | 799.14 M | ||||
| Current Liabilities | 312.84 M | ||||
About Toromont Industries Performance
By examining Toromont Industries' fundamental ratios, stakeholders can obtain critical insights into Toromont Industries' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Toromont Industries is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 120.94 | 84.91 | |
| Return On Tangible Assets | 0.13 | 0.08 | |
| Return On Capital Employed | 0.20 | 0.21 | |
| Return On Assets | 0.12 | 0.07 | |
| Return On Equity | 0.20 | 0.22 |
Things to note about Toromont Industries performance evaluation
Checking the ongoing alerts about Toromont Industries for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Toromont Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Toromont Industries generated a negative expected return over the last 90 days |
- Analyzing Toromont Industries' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Toromont Industries' stock is overvalued or undervalued compared to its peers.
- Examining Toromont Industries' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Toromont Industries' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Toromont Industries' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Toromont Industries' stock. These opinions can provide insight into Toromont Industries' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Toromont Stock
Toromont Industries financial ratios help investors to determine whether Toromont Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Toromont with respect to the benefits of owning Toromont Industries security.