Toromont Financial Statements From 2010 to 2025
| TMTNF Stock | USD 86.30 1.31 1.54% |
Check Toromont Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toromont Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Toromont financial statements analysis is a perfect complement when working with Toromont Industries Valuation or Volatility modules.
Toromont |
Toromont Industries Company Return On Equity Analysis
Toromont Industries' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Toromont Industries Return On Equity | 0.2 |
Most of Toromont Industries' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Toromont Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Toromont Industries has a Return On Equity of 0.196. This is 55.45% lower than that of the Trading Companies & Distributors sector and notably lower than that of the Industrials industry. The return on equity for all United States stocks is 163.23% lower than that of the firm.
Toromont Industries Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Toromont Industries's current stock value. Our valuation model uses many indicators to compare Toromont Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Toromont Industries competition to find correlations between indicators driving Toromont Industries's intrinsic value. More Info.Toromont Industries is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.48 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Toromont Industries is roughly 2.07 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Toromont Industries' earnings, one of the primary drivers of an investment's value.About Toromont Industries Financial Statements
Toromont Industries stakeholders use historical fundamental indicators, such as Toromont Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Toromont Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toromont Industries' assets and liabilities are reflected in the revenues and expenses on Toromont Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Toromont Industries. Please read more on our technical analysis and fundamental analysis pages.
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada. Toromont Inds operates under Industrial Distribution classification in the United States and is traded on OTC Exchange. It employs 6400 people.
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Other Information on Investing in Toromont Pink Sheet
Toromont Industries financial ratios help investors to determine whether Toromont Pink Sheet 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.