(TIH) Toromont Industries - Ratings and Ratios

Toromont Industries Ltd. (TIH) is a leading provider of specialized capital equipment and industrial solutions, operating across Canada, the United States, and globally. The company is structured into two primary business segments: Equipment Group and CIMCO.

The Equipment Group specializes in the sale, rental, and servicing of heavy-duty mobile equipment from Caterpillar and other manufacturers. It also distributes engines for industrial, marine, and power generation applications, complemented by a range of parts and accessories. This segment serves diverse industries, including construction, mining, aggregates, infrastructure development, and waste management.

CIMCO focuses on the design, engineering, and installation of industrial and recreational refrigeration systems. It provides custom solutions for sectors such as food and beverage processing, cold storage, and recreational ice rinks. The segment also offers after-sale support and system maintenance services.

Founded in 1961, Toromont Industries is headquartered in Concord, Ontario, and has established itself as a key player in the heavy equipment and industrial systems market. The companys strong market position is supported by its long-standing partnership with Caterpillar and its expertise in refrigeration technology.

Based on the provided and , the following 3-month forecast is derived:

Over the next quarter, Toromont Industries is expected to maintain its stable growth trajectory. The stocks SMA 20 and SMA 50 indicate a slight consolidation phase, while the ATR suggests moderate volatility. With a forward P/E of 17.83 and a P/B ratio of 3.11, the company is positioned for potential upside driven by its strong return on equity (RoE: 17.14%) and a diverse revenue base across its two segments.