Toromont Industries (TMTNF) and Its Competitors Financial Comparison

Toromont Industries (OTCMKTS:TMTNF) is one of 158 public companies in the “Trading Companies & Distributors” industry, but how does it weigh in compared to its competitors? We will compare Toromont Industries to related businesses based on the strength of its valuation, institutional ownership, earnings, dividends, analyst recommendations, profitability and risk.

Dividends

Toromont Industries pays an annual dividend of $1.62 per share and has a dividend yield of 1.1%. Toromont Industries pays out 32.7% of its earnings in the form of a dividend. As a group, “Trading Companies & Distributors” companies pay a dividend yield of 2.7% and pay out 34.8% of their earnings in the form of a dividend.

Valuation & Earnings

This table compares Toromont Industries and its competitors gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Toromont Industries	$3.72 billion	$355.41 million	29.35
Toromont Industries Competitors	$6.62 billion	$360.25 million	33.62

Toromont Industries’ competitors have higher revenue and earnings than Toromont Industries. Toromont Industries is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of current recommendations for Toromont Industries and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Toromont Industries	0	3	3	0	2.50
Toromont Industries Competitors	1465	4958	6837	240	2.43

As a group, “Trading Companies & Distributors” companies have a potential upside of 8.69%. Given Toromont Industries’ competitors higher possible upside, analysts clearly believe Toromont Industries has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

51.1% of shares of all “Trading Companies & Distributors” companies are held by institutional investors. 17.1% of shares of all “Trading Companies & Distributors” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares Toromont Industries and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Toromont Industries	9.59%	16.77%	10.15%
Toromont Industries Competitors	1.02%	-33.81%	3.54%

Summary

Toromont Industries competitors beat Toromont Industries on 9 of the 14 factors compared.

Toromont Industries Company Profile

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 road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, 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 headquartered in Concord, Canada.