Toromont Industries Financials
14T Stock | EUR 75.50 0.50 0.66% |
Toromont |
Understanding current and past Toromont Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Toromont Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Toromont Industries' assets may result in an increase in income on the income statement.
Toromont Industries Stock Summary
Toromont Industries competes with Trade Desk, JD SPORTS, DICKS Sporting, COLUMBIA SPORTSWEAR, and Air Transport. 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.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | CA8911021050 |
Business Address | 3131 Highway 7 |
Sector | Industrials |
Industry | Industrial Distribution |
Benchmark | Dow Jones Industrial |
Website | www.toromont.com |
Phone | 416 667 5511 |
Currency | EUR - Euro |
You should never invest in Toromont Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Toromont Stock, because this is throwing your money away. Analyzing the key information contained in Toromont Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Toromont Industries Key Financial Ratios
There are many critical financial ratios that Toromont Industries' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Toromont Industries reports annually and quarterly.Toromont Financial Ratios 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.Toromont Industries Systematic Risk
Toromont Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Toromont Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Toromont Industries correlated with the market. If Beta is less than 0 Toromont Industries generally moves in the opposite direction as compared to the market. If Toromont Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Toromont Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Toromont Industries is generally in the same direction as the market. If Beta > 1 Toromont Industries moves generally in the same direction as, but more than the movement of the benchmark.
Toromont Industries January 13, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Toromont Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Toromont Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Toromont Industries based on widely used predictive technical indicators. In general, we focus on analyzing Toromont Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Toromont Industries's daily price indicators and compare them against related drivers.
Information Ratio | (0.06) | |||
Maximum Drawdown | 16.72 | |||
Value At Risk | (3.10) | |||
Potential Upside | 2.33 |
Complementary Tools for Toromont Stock analysis
When running Toromont Industries' price analysis, check to measure Toromont Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toromont Industries is operating at the current time. Most of Toromont Industries' value examination focuses on studying past and present price action to predict the probability of Toromont Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toromont Industries' price. Additionally, you may evaluate how the addition of Toromont Industries to your portfolios can decrease your overall portfolio volatility.
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |