Toromont Industries Ltd.s Stock Has Been Sliding But Fundamentals Look Strong Is The Market Wrong - Yahoo Finance
TIH Stock | CAD 115.00 0.25 0.22% |
About 62% of Toromont Industries' investor base is looking to short. The analysis of overall sentiment of trading Toromont Industries stock suggests that many investors are alarmed at this time. Toromont Industries' investing sentiment overview a quick insight into current market opportunities from investing in Toromont Industries. Many technical investors use Toromont Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Toromont |
Toromont Industries Ltd.s Stock Has Been Sliding But Fundamentals Look Strong Is The Market Wrong Yahoo Finance
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Toromont Industries Fundamental Analysis
We analyze Toromont Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toromont Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toromont Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Profit Margin
Profit Margin Comparative Analysis
Toromont Industries is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Toromont Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toromont Industries stock to make a market-neutral strategy. Peer analysis of Toromont Industries could also be used in its relative valuation, which is a method of valuing Toromont Industries by comparing valuation metrics with similar companies.
Peers
Toromont Industries Related Equities
FTT | Finning International | 1.38 | ||||
TRI | Thomson Reuters | 0.83 | ||||
RBA | Ritchie Bros | 0.57 | ||||
CCL-B | CCL Industries | 0.43 | ||||
STN | Stantec | 0.17 |
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.