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Toromont Industries (TIH) Competitors

C$120.22
-0.21 (-0.17%)
(As of 06/7/2024 ET)

TIH vs. FTT, RUS, HDI, DBM, WJX, RME, AAO, WSP, GFL, and RBA

Should you be buying Toromont Industries stock or one of its competitors? The main competitors of Toromont Industries include Finning International (FTT), Russel Metals (RUS), Hardwoods Distribution (HDI), Doman Building Materials Group (DBM), Wajax (WJX), Rocky Mountain Equipment Alberta Ltd (RME.TO) (RME), IntellaEquity (AAO), WSP Global (WSP), GFL Environmental (GFL), and RB Global (RBA). These companies are all part of the "industrials" sector.

Toromont Industries vs.

Finning International (TSE:FTT) and Toromont Industries (TSE:TIH) are both mid-cap industrials companies, but which is the better stock? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, dividends, community ranking, earnings, media sentiment and risk.

40.1% of Finning International shares are owned by institutional investors. Comparatively, 49.6% of Toromont Industries shares are owned by institutional investors. 0.1% of Finning International shares are owned by company insiders. Comparatively, 0.3% of Toromont Industries shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Finning International has a beta of 1.62, suggesting that its stock price is 62% more volatile than the S&P 500. Comparatively, Toromont Industries has a beta of 0.73, suggesting that its stock price is 27% less volatile than the S&P 500.

Finning International pays an annual dividend of C$1.10 per share and has a dividend yield of 2.7%. Toromont Industries pays an annual dividend of C$1.92 per share and has a dividend yield of 1.6%. Finning International pays out 31.5% of its earnings in the form of a dividend. Toromont Industries pays out 30.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Finning International had 1 more articles in the media than Toromont Industries. MarketBeat recorded 2 mentions for Finning International and 1 mentions for Toromont Industries. Finning International's average media sentiment score of 0.00 beat Toromont Industries' score of -0.14 indicating that Toromont Industries is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Finning International
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Toromont Industries
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Finning International received 147 more outperform votes than Toromont Industries when rated by MarketBeat users. Likewise, 65.98% of users gave Finning International an outperform vote while only 58.22% of users gave Toromont Industries an outperform vote.

CompanyUnderperformOutperform
Finning InternationalOutperform Votes
547
65.98%
Underperform Votes
282
34.02%
Toromont IndustriesOutperform Votes
400
58.22%
Underperform Votes
287
41.78%

Finning International presently has a consensus target price of C$49.13, indicating a potential upside of 21.24%. Toromont Industries has a consensus target price of C$133.13, indicating a potential upside of 10.73%. Given Toromont Industries' stronger consensus rating and higher probable upside, equities analysts clearly believe Finning International is more favorable than Toromont Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Finning International
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Toromont Industries
0 Sell rating(s)
3 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.63

Toromont Industries has lower revenue, but higher earnings than Finning International. Finning International is trading at a lower price-to-earnings ratio than Toromont Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Finning InternationalC$10.73B0.54C$510MC$3.4911.61
Toromont IndustriesC$4.59B2.15C$516.91MC$6.2419.27

Toromont Industries has a net margin of 11.38% compared to Toromont Industries' net margin of 4.75%.

Company Net Margins Return on Equity Return on Assets
Finning International4.75% 20.10% 7.39%
Toromont Industries 11.38%20.10%9.79%

Summary

Toromont Industries beats Finning International on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TIH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TIH vs. The Competition

MetricToromont IndustriesIndustrial Distribution IndustryIndustrials SectorTSE Exchange
Market CapC$9.88BC$3.91BC$4.19BC$5.36B
Dividend Yield1.57%4.46%4.07%5.58%
P/E Ratio19.27717.20320.2623.36
Price / Sales2.1561.90634.262,143.06
Price / Cash10.6660.3629.1279.28
Price / Book3.592.083.693.46
Net IncomeC$516.91MC$240.59MC$211.30MC$285.54M
7 Day Performance0.99%0.47%1.13%-0.93%
1 Month Performance-3.29%-2.08%2.80%-0.90%
1 Year Performance14.16%-0.03%17.84%26.09%

Toromont Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTT
Finning International
3.5215 of 5 stars
C$40.51
-2.3%
C$49.13
+21.3%
+2.9%C$5.76BC$10.73B11.61147,000
RUS
Russel Metals
0 of 5 stars
C$39.02
+2.0%
C$47.64
+22.1%
+5.0%C$2.34BC$4.38B9.853,500Positive News
HDI
Hardwoods Distribution
0 of 5 stars
N/AN/AN/AC$633.91MC$2.52B3.222,734
DBM
Doman Building Materials Group
3.6518 of 5 stars
C$7.16
-1.8%
C$9.88
+37.9%
+3.8%C$623.92MC$2.48B8.331,232Positive News
WJX
Wajax
2.3376 of 5 stars
C$26.19
-0.3%
C$33.67
+28.5%
+11.6%C$568.32MC$2.12B7.463,200
RME
Rocky Mountain Equipment Alberta Ltd (RME.TO)
0 of 5 stars
N/AN/AN/AC$142.50MC$767.30M21.08755High Trading Volume
AAO
IntellaEquity
0 of 5 stars
C$0.01
+∞
N/A+0.0%C$2.56MC$3.08M-2.50N/AGap Up
WSP
WSP Global
0.8142 of 5 stars
C$209.14
0.0%
C$237.08
+13.4%
+18.1%C$26.08BC$14.53B46.3766,500Positive News
GFL
GFL Environmental
0 of 5 stars
C$52.73
+1.2%
N/A+1.7%C$19.23BC$7.52B-344.9220,000High Trading Volume
RBA
RB Global
0.5727 of 5 stars
C$100.50
+0.7%
C$75.67
-24.7%
+35.2%C$18.46BC$4.23B40.047,900Positive News

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This page (TSE:TIH) was last updated on 6/9/2024 by MarketBeat.com Staff

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