TOROMONT INDUSTRIES LTD. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 124.3 CAD | 0.00% |
|
+1.66% | +7.07% |
| May. 02 | Transcript : Toromont Industries Ltd. - Shareholder/Analyst Call | |
| May. 02 | Transcript : Toromont Industries Ltd., Q1 2024 Earnings Call, May 02, 2024 |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,773 | 7,350 | 9,415 | 8,036 | 9,554 | 10,220 | - | - |
| Enterprise Value (EV) 1 | 6,075 | 7,421 | 9,144 | 7,756 | 9,161 | 9,721 | 9,545 | 9,844 |
| P/E ratio | 20.2 x | 28.9 x | 28.6 x | 17.9 x | 18 x | 19.4 x | 18.2 x | 17.5 x |
| Yield | 1.53% | 1.39% | 1.19% | 1.6% | 1.48% | 1.54% | 1.54% | - |
| Capitalization / Revenue | 1.57 x | 2.11 x | 2.42 x | 1.9 x | 2.07 x | 2.16 x | 2.06 x | 2.03 x |
| EV / Revenue | 1.65 x | 2.13 x | 2.35 x | 1.83 x | 1.98 x | 2.05 x | 1.93 x | 1.96 x |
| EV / EBITDA | 10.6 x | 13.8 x | 14.4 x | 9.85 x | 10.3 x | 11.2 x | 10.4 x | 10.4 x |
| EV / FCF | 68.4 x | 24.3 x | 19.4 x | 52.5 x | 37.8 x | 27.1 x | 21.7 x | 21.2 x |
| FCF Yield | 1.46% | 4.12% | 5.16% | 1.9% | 2.64% | 3.69% | 4.6% | 4.71% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 81,783 | 82,395 | 82,327 | 82,247 | 82,292 | 82,213 | - | - |
| Reference price 2 | 70.59 | 89.20 | 114.4 | 97.71 | 116.1 | 124.3 | 124.3 | 124.3 |
| Announcement Date | 2/11/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/13/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,679 | 3,479 | 3,887 | 4,231 | 4,622 | 4,736 | 4,955 | 5,034 |
| EBITDA 1 | 570.5 | 538.7 | 634.3 | 787 | 886.7 | 869.8 | 916.2 | 944.1 |
| EBIT 1 | 407.5 | 372.4 | 475.9 | 624.2 | 704.2 | 688.1 | 730.5 | 735.5 |
| Operating Margin | 11.08% | 10.71% | 12.25% | 14.75% | 15.24% | 14.53% | 14.74% | 14.61% |
| Earnings before Tax (EBT) 1 | 394.5 | 351.5 | 456.8 | 619.1 | 722.1 | 731.3 | 784.8 | - |
| Net income 1 | 286.8 | 254.9 | 332.7 | 454.2 | 534.7 | 533.3 | 572.4 | - |
| Net margin | 7.8% | 7.33% | 8.56% | 10.74% | 11.57% | 11.26% | 11.55% | - |
| EPS 2 | 3.490 | 3.090 | 4.000 | 5.470 | 6.450 | 6.412 | 6.848 | 7.090 |
| Free Cash Flow 1 | 88.83 | 305.7 | 471.5 | 147.6 | 242.2 | 358.5 | 439.3 | 463.4 |
| FCF margin | 2.41% | 8.79% | 12.13% | 3.49% | 5.24% | 7.57% | 8.87% | 9.21% |
| FCF Conversion (EBITDA) | 15.57% | 56.75% | 74.34% | 18.76% | 27.32% | 41.22% | 47.95% | 49.08% |
| FCF Conversion (Net income) | 30.97% | 119.94% | 141.72% | 32.5% | 45.3% | 67.22% | 76.76% | - |
| Dividend per Share 2 | 1.080 | 1.240 | 1.360 | 1.560 | 1.720 | 1.920 | 1.920 | - |
| Announcement Date | 2/11/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/13/24 | - | - | - |
1CAD in Million2CAD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 956 | 860.1 | 1,081 | 1,140 | 1,150 | 1,061 | 1,175 | 1,174 | 1,227 | 1,016 | 1,199 | 1,219 | 1,255 | 1,058 | 1,239 |
| EBITDA 1 | 188.3 | 125.4 | 196.1 | 211 | 254.5 | 169.7 | 222.7 | 239 | 255 | 154.4 | 222.3 | 234.6 | 253.9 | 165.3 | 229.2 |
| EBIT 1 | 148.8 | 86.12 | 156.5 | 169.1 | 212.5 | 127.5 | 178.8 | 193.1 | 204.6 | 106.6 | 175.4 | 190.2 | 206 | 120.3 | 184.2 |
| Operating Margin | 15.56% | 10.01% | 14.48% | 14.84% | 18.48% | 12.02% | 15.22% | 16.45% | 16.67% | 10.49% | 14.63% | 15.6% | 16.41% | 11.37% | 14.87% |
| Earnings before Tax (EBT) 1 | 144.7 | - | 153.5 | - | 214.5 | 131.1 | 182.5 | - | - | 115.3 | 179.1 | 200.8 | 202.8 | - | - |
| Net income 1 | 105.6 | 59.53 | 111.7 | - | 159.9 | 96 | 139 | 145.6 | 154.1 | 83.92 | 130.4 | 147.6 | 146 | - | - |
| Net margin | 11.04% | 6.92% | 10.33% | - | 13.9% | 9.05% | 11.83% | 12.4% | 12.56% | 8.26% | 10.88% | 12.11% | 11.64% | - | - |
| EPS 2 | 1.270 | 0.7200 | 1.340 | 1.490 | 1.930 | 1.160 | 1.680 | 1.760 | 1.860 | 1.010 | 1.623 | 1.767 | 1.877 | 1.160 | 1.823 |
| Dividend per Share | - | - | - | - | - | - | - | - | 43.00 | - | - | - | - | - | - |
| Announcement Date | 2/9/22 | 4/27/22 | 7/26/22 | 11/1/22 | 2/14/23 | 4/27/23 | 7/26/23 | 10/30/23 | 2/13/24 | 5/1/24 | - | - | - | - | - |
1CAD in Million2CAD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 302 | 71.7 | - | - | - | - | - | - |
| Net Cash position 1 | - | - | 270 | 281 | 393 | 499 | 675 | 376 |
| Leverage (Debt/EBITDA) | 0.5287 x | 0.1332 x | - | - | - | - | - | - |
| Free Cash Flow 1 | 88.8 | 306 | 472 | 148 | 242 | 359 | 439 | 463 |
| ROE (net income / shareholders' equity) | 20% | 15.8% | 18.2% | 21.2% | 22.8% | 20.1% | 20.2% | 18.4% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | - | 4.220 | 6.520 | 2.610 | 4.290 | 8.690 | 9.270 | - |
| Capex 1 | 57.2 | 43.3 | 136 | 215 | 275 | 264 | 254 | - |
| Capex / Sales | 1.55% | 1.24% | 3.5% | 5.09% | 5.96% | 5.56% | 5.12% | - |
| Announcement Date | 2/11/20 | 2/10/21 | 2/9/22 | 2/14/23 | 2/13/24 | - | - | - |
1CAD in Million2CAD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
124.3
CAD
Average target price
135
CAD
Spread / Average Target
+8.60%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +7.07% | 7.47B | |
| +8.24% | 9.98B | |
| -19.56% | 1.75B | |
| +11.28% | 902M | |
| -16.27% | 544M | |
| -1.44% | 494M | |
| -10.67% | 428M | |
| +11.63% | 314M | |
| -14.40% | 291M | |
| +7.49% | 203M |
- Stock Market
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- Financials Toromont Industries Ltd.
