Toromont Industries Stock Fundamentals

TMTNF Stock  USD 83.79  1.26  1.53%   
Toromont Industries fundamentals help investors to digest information that contributes to Toromont Industries' financial success or failures. It also enables traders to predict the movement of Toromont Pink Sheet. The fundamental analysis module provides a way to measure Toromont Industries' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Toromont Industries pink sheet.
  
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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.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

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.
Competition

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.

Toromont Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Toromont Industries' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Toromont Industries could also be used in its relative valuation, which is a method of valuing Toromont Industries by comparing valuation metrics of similar companies.
Toromont Industries is currently under evaluation in return on equity category among its peers.

Toromont Fundamentals

About Toromont Industries Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Toromont Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toromont Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toromont Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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.