TOROMONT IND chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 47.20
Dividend & Yield1.56C$ (1.56%)
Beta 0.76
Market capitalization 8.52B
Operating cash flow 383.83M
ESG Scores unknown

Company description

Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves building, mining, aggregates, public infrastructure, residential construction, power generation, marine, agriculture, forestry, on-highway truck engines, industrial, demolition, and waste management markets. The CIMCO segment is involved in the design, engineering, fabrication, installation, and after-sale support of refrigeration systems in industrial and recreational markets. This segment primarily serves beverage and food processing, cold storage, food distribution, mining, and recreational ice rink sectors. Toromont Industries Ltd. was founded in 1961 and is based in Concord, Canada.

Sector: Industrials - Industry: Industrial Distribution

Financial Ratios
Quick Ratio1.71
Working Capital0.26
Return On Equity0.17
Debt To Equity0.33
Fixed Asset Ratio0.14
Fixed Interest Cover17.08

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 361.63M -107.25M -216.47M 48.54M
Total Cashflows From Investing Activities 2.48M -56.56M -32.55M -68.87M
Net Borrowings -251.94M -11.11M -10.34M -9.88M
Total Cash From Financing Activities -323.99M -69.17M -90.88M -148.14M
Change To Operating Activities -21.37M 29.35M 6.56M -8.8M
Issuance Of Stock 12.2M 26.73M 22.37M 21.75M
Net Income 251.98M 286.8M 254.91M 332.71M
Change In Cash 184.93M 20.16M 225.54M 325.7M
Effect Of Exchange Rate 254k -144k -58k -10k
Total Cash From Operating Activities 506.18M 146.03M 349.03M 542.72M
Depreciation 139.6M 161.03M 163.1M 156.72M
Change To Account Receivables -36.39M -2.59M -16.53M 89.64M
Other Cashflows From Financing Activities -338k -338k -338k -961k
Change To Netincome -123.39M -146.91M -62.1M -77.67M
Capital Expenditures -49.5M -57.2M -43.29M -71.2M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 347.85M 394.54M 351.54M 456.8M
Net Income 251.98M 286.8M 254.91M 332.71M
Selling General Administrative 471.23M 471.23M 442.11M 471.03M
Gross Profit 863.4M 906.12M 835.75M 969.77M
Ebit 369.57M 412.5M 372.43M 480.94M
Operating Income 369.57M 412.5M 372.43M 480.94M
Interest Expense -30.64M -27.71M -29.98M -28.16M
Income Tax Expense 95.86M 107.74M 96.62M 124.09M
Total Revenue 3.5B 3.68B 3.48B 3.89B
Cost Of Revenue 2.64B 2.77B 2.64B 2.92B
Total Other Income ExpenseNet -21.73M -17.95M -20.9M -24.13M
Net Income From Continuing Ops 251.98M 286.8M 254.91M 332.71M
Net Income Applicable To Common Shares 251.98M 286.8M 254.91M 332.71M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 1.91B 1.84B 1.65B 1.63B
Total Stockholder Equity 1.33B 1.53B 1.7B 1.95B
Other Current Liabilities 189.13M 175.03M 210.21M 240.34M
Total Assets 3.23B 3.37B 3.35B 3.58B
Common Stock 457.8M 490.05M 516.59M 539.68M
Other Current Assets 37.58M 12.06M 10.9M 19.25M
Retained Earnings 851.05M 1.03B 1.17B 1.39B
Treasury Stock 5.95M -341k -1.42M 4.75M
Cash 345.43M 365.59M 591.13M 916.83M
Total Current Liabilities 1.13B 994.98M 794.22M 813.7M
Other Stockholder Equity 5.95M -341k -1.42M 4.75M
Property, Plant, and Equipment 954.31M 1.05B 987.66M 995.1M
Total Current Assets 1.78B 1.82B 1.87B 2.11B
Net Tangible Assets 841.37M 1.05B 1.22B 1.48B
Net Receivables 522.58M 534.42M 541.72M 451.94M
Accounts Payable 916.03M 782.87M 539.3M 542.46M


Insider Transactions

Here are the insider transactions of stock shares related to TOROMONT IND:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Toromont Industries LtdD2022-09-30Issuer1.1k
Medhurst (Scott)Exercise of options at price 41.05 per share.D2022-09-07Director of Issuer5k
Medhurst (Scott)Acquisition or disposition in the public market at price 78.44 per share.D2022-09-07Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 78.45 per share.D2022-09-07Director of Issuer400
Medhurst (Scott)Acquisition or disposition in the public market at price 78.45 per share.D2022-09-07Director of Issuer400
Medhurst (Scott)Acquisition or disposition in the public market at price 78.46 per share.D2022-09-07Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 78.47 per share.D2022-09-07Director of Issuer2.3k
Medhurst (Scott)Acquisition or disposition in the public market at price 78.48 per share.D2022-09-07Director of Issuer1.2k
Medhurst (Scott)Acquisition or disposition in the public market at price 78.55 per share.D2022-09-07Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 78.56 per share.D2022-09-07Director of Issuer300
Medhurst (Scott)Exercise of options at price 41.03 per share.D2022-09-02Director of Issuer5k
Medhurst (Scott)Acquisition or disposition in the public market at price 76.91 per share.D2022-09-02Director of Issuer4.9k
Medhurst (Scott)Acquisition or disposition in the public market at price 76.93 per share.D2022-09-02Director of Issuer100
Toromont Industries LtdRedemption, retraction, cancelation, repurchase at price 75.93 per share.D2022-09-01Issuer1.1k
Medhurst (Scott)Exercise of options at price 41.05 per share.D2022-08-31Director of Issuer5k
Medhurst (Scott)Acquisition or disposition in the public market at price 77.77 per share.D2022-08-31Director of Issuer300
Medhurst (Scott)Acquisition or disposition in the public market at price 77.78 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 77.80 per share.D2022-08-31Director of Issuer300
Medhurst (Scott)Acquisition or disposition in the public market at price 77.81 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 77.82 per share.D2022-08-31Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 77.86 per share.D2022-08-31Director of Issuer300
Medhurst (Scott)Acquisition or disposition in the public market at price 77.86 per share.D2022-08-31Director of Issuer500
Medhurst (Scott)Acquisition or disposition in the public market at price 77.87 per share.D2022-08-31Director of Issuer500
Medhurst (Scott)Acquisition or disposition in the public market at price 77.88 per share.D2022-08-31Director of Issuer600
Medhurst (Scott)Acquisition or disposition in the public market at price 77.89 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 77.91 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 77.92 per share.D2022-08-31Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 77.93 per share.D2022-08-31Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 77.95 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 77.95 per share.D2022-08-31Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 78.09 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 78.17 per share.D2022-08-31Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 78.17 per share.D2022-08-31Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 78.24 per share.D2022-08-31Director of Issuer600
Medhurst (Scott)Exercise of options at price 56.45 per share.D2022-08-25Director of Issuer10k
Medhurst (Scott)Acquisition or disposition in the public market at price 83.92 per share.D2022-08-25Director of Issuer300
Medhurst (Scott)Acquisition or disposition in the public market at price 83.95 per share.D2022-08-25Director of Issuer4.2k
Medhurst (Scott)Acquisition or disposition in the public market at price 83.95 per share.D2022-08-25Director of Issuer400
Medhurst (Scott)Acquisition or disposition in the public market at price 83.96 per share.D2022-08-25Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 84.05 per share.D2022-08-25Director of Issuer1k
Medhurst (Scott)Acquisition or disposition in the public market at price 84.05 per share.D2022-08-25Director of Issuer700
Medhurst (Scott)Acquisition or disposition in the public market at price 84.06 per share.D2022-08-25Director of Issuer1.4k
Medhurst (Scott)Acquisition or disposition in the public market at price 84.07 per share.D2022-08-25Director of Issuer600
Medhurst (Scott)Acquisition or disposition in the public market at price 84.07 per share.D2022-08-25Director of Issuer400
Medhurst (Scott)Acquisition or disposition in the public market at price 84.08 per share.D2022-08-25Director of Issuer700
Medhurst (Scott)Acquisition or disposition in the public market at price 84.08 per share.D2022-08-25Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 84.11 per share.D2022-08-25Director of Issuer100
Medhurst (Scott)Exercise of options at price 50.58 per share.D2022-08-19Director of Issuer5k
Medhurst (Scott)Acquisition or disposition in the public market at price 82.12 per share.D2022-08-19Director of Issuer200
Medhurst (Scott)Acquisition or disposition in the public market at price 82.13 per share.D2022-08-19Director of Issuer100
Medhurst (Scott)Acquisition or disposition in the public market at price 82.14 per share.D2022-08-19Director of Issuer300

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to TOROMONT IND. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on TOROMONT IND

Here is the result of two systematic investment strategies applied to TOROMONT IND. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on TOROMONT IND

The following chart shows the equity curve of the two systematic investment strategies applied to TOROMONT IND:

TOROMONT IND automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 32.13% on the backtest period.

Performance at glance

Performance

32.13 %

Latent gain

475.34 C$

Invested capital

1479.64 C$

Annualized return

7.76 %
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Momentum strategy results on TOROMONT IND

This is the result of two momentum investment strategies applied to TOROMONT IND. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on TOROMONT IND

The following chart shows all the entries opened by the momentum investment system on TOROMONT IND:

TOROMONT IND momentum entries
  • The first momentum investment strategy would give 46.53% of return on TOROMONT IND. That represents 1931.26C$ of latent gain with 4150.9C$ of employed capital.
  • The second momentum investment strategy would give 37.01% of return on TOROMONT IND. That represents 1056.1C$ of latent gain with 2853.86C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

46.53 %

Latent gain

1931.26 C$

Invested capital

4150.9 C$

Annualized return

2.5 %
Performance at glance (2Q Momentum)

Performance

37.01 %

Latent gain

1056.1 C$

Invested capital

2853.86 C$

Annualized return

10.11 %

Momentum equity curve on TOROMONT IND

The following chart shows the equity curve of the two momentum strategies applied to TOROMONT IND:

TOROMONT IND momentum equity

Note: the dividends potentially given by TOROMONT IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOROMONT IND

The following chart shows the employed capital evolution of the two momentum strategies on TOROMONT IND since the beginning:

TOROMONT IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on TOROMONT IND

Buy the dip entry openings on TOROMONT IND

TOROMONT IND

The performance achieved by the robo-advisor on TOROMONT IND is 5.36%. That represents 11.06$ of latent gain with 206.16C$ of employed capital. The following chart shows TOROMONT IND stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of TOROMONT IND, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

5.36 %

Latent gain

11.06 C$

Invested capital

206.16 C$

Annualized return

2.5 %

Equity curve of the strategy applied to TOROMONT IND

The following chart shows the result of the investment strategy applied to TOROMONT IND:

TOROMONT IND

Note: the dividends potentially given by TOROMONT IND are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on TOROMONT IND

The following chart shows the employed capital evolution since the beginning of the investment strategy on TOROMONT IND:

TOROMONT IND

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on TOROMONT IND

In this section, I will compare the three previous investment strategies applied to TOROMONT IND.

Equity curve comparison on TOROMONT IND

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

TOROMONT IND investment strategy comparison

Employed capital comparison on TOROMONT IND

TOROMONT IND investment comparison

Performance comparison on TOROMONT IND

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 32.13% 475.34C$ 1479.64C$ 7.76%
Momentum 1 quarter 46.53% 1931.26C$ 4150.9C$ 11.93%
Momentum 2 quarters 37.01% 1056.1C$ 2853.86C$ 10.11%
Non-directional 5.36% 11.06C$ 206.16C$ 2.5%
Annualized return comparison

Automatic investment

7.76 %

Momentum 1Q

10.11 %

Momentum 2Q

10.11 %

Non-directional

2.5 %

Correlated stocks

Here are the most positively and negatively correlated stocks with TOROMONT IND:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between TOROMONT IND and the other stocks. There may be false positives or some missing correlated stocks. If the price of TOROMONT IND does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name TOROMONT IND
Country Canada
City Concord
Address 3131 Highway 7 West
Phone 416 667 5511
Website www.toromont.com
FullTime employees 6400
Industry Industrial Distribution
Sector Industrials
Exchange XTSE
Ticker TIH.XTSE
Market

TOROMONT IND ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown