Toromont Financial Statements From 2010 to 2024
| 14T Stock | EUR 75.50 0.50 0.67% |
Check Toromont Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toromont Industries' main balance sheet or income statement drivers, such as , as well as many indicators such as . Toromont financial statements analysis is a perfect complement when working with Toromont Industries Valuation or Volatility modules.
Toromont |
Toromont Industries Company Current Valuation Analysis
Toromont Industries' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Toromont Industries Current Valuation | 5.8 B |
Most of Toromont Industries' fundamental indicators, such as Current Valuation, 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.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Toromont Industries has a Current Valuation of 5.8 B. This is 20.36% lower than that of the Industrials sector and 35.07% higher than that of the Industrial Distribution industry. The current valuation for all Germany stocks is 65.11% higher than that of the company.
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 number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Toromont Industries is roughly 2.11 . 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.About Toromont Industries Financial Statements
Toromont Industries stakeholders use historical fundamental indicators, such as Toromont Industries' revenue or net income, to determine how well the company is positioned to perform in the future. Although Toromont Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toromont Industries' assets and liabilities are reflected in the revenues and expenses on Toromont Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Toromont Industries. Please read more on our technical analysis and fundamental analysis pages.
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 Industries operates under Industrial Distribution classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6000 people.
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Other Information on Investing in Toromont Stock
Toromont Industries financial ratios help investors to determine whether Toromont Stock 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.