Toromont Industries Ltd (TIH) Fair Value & Analysis
Industrials · CA · Market cap C$18.9B
Fair value as of: Jul 16, 2026
From 26 valuation models · updated 22 days ago
Share price −2.9% over the past month.
A solid business, but screening 42% overvalued on our models.
What matters now
- A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
- The price sits above even our optimistic bull case (C$159.88). The favourable scenario is already priced in.
- A fairly wide model range (C$85.84 to C$159.88) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range C$90.25 – C$240.96 · fair‑value band C$85.84 – C$159.88 · the C$222.00 price screens above the C$127.90 fair value. Dashed = 300-day average. As of Jul 16, 2026.
Analysis
Toromont Industries Ltd (TIH) currently trades at C$222.00, while our model-based Fair Value estimate is C$127.90, implying the stock looks roughly 42.4% overvalued today. We read business quality at 70/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Toromont Industries Ltd generated revenue of C$5.3B at a net margin of 9.6%. Revenue grew 12.7% year over year. It earns a return on equity of 16.3%. The balance sheet holds a net cash position of C$474M. Fundamentals as of Jul 16, 2026
Our scenario range runs from C$85.84 (bear case) to C$159.88 (bull case); at C$222.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 3% below its 52-week high and 91% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -42%, TIH screens richer than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (C$131.17) versus Asset-Based (C$27.04). Highest evidence: Growth DCF (80).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 67 · Market factors (momentum, volatility) 75
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO.
Full company description
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 supply and rent business; providing product support services for specialized mobile equipment, industrial engines, material handling lift trucks, and heavy equipment rentals; designing and fabricating power generation and storage enclosures; suppling control systems for specialized mobile equipment; and developing distributed generators and combined heat and power projects using Caterpillar engines. This segment serves road building, mining, aggregates, public infrastructure, residential construction, power generation, forestry, on-highway truck engines, industrial, demolition 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, as well as supplies thermal management solutions. 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.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Toromont Industries Ltd reported revenue of C$5.2B in FY2025 versus C$3.9B in FY2021, a compound +7.6%/yr. Reported net income was C$497M in FY2025, compounding +10.5%/yr from FY2021.
TIH screens 42% overvalued. Compare with W.W. Grainger, Inc →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Toromont Industries Ltd (TMTNF) Q2 2026 Earnings Call Highlights: Strong Revenue Growth and ...
- TOROMONT ANNOUNCES RESULTS FOR THE SECOND QUARTER OF 2026 AND QUARTERLY DIVIDEND
- TOROMONT TO ANNOUNCE SECOND QUARTER 2026 RESULTS ON JULY 28, 2026
- CIBC Raises Price Targets on Badger Infrastructure, Bird Construction, Toromont Industries
Peer Group
Industrial Distribution · 102 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Industrial Distribution median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
VALUE 0: the price sits above our fair-value range.
Insider activity: 45/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| W.W. Grainger, Inc GWW | $1,376 | $625.61 | -55% |
| Fastenal Company FAST | $45.49 | $20.64 | -55% |
| Ferguson Enterprises Inc FERG | $232.02 | $151.92 | -35% |
| WESCO International, Inc WCC | $326.71 | $213.01 | -35% |
| Watsco, Inc WSO | $385.16 | $268.10 | -30% |
| Applied Industrial Technologies, Inc AIT | $329.35 | $191.65 | -42% |
| Finning International Inc FTT | C$102.50 | C$76.38 | -25% |
| Addtech AB ADDTB | kr 329.20 | kr 156.35 | -53% |
| Core & Main, Inc CNM | $44.66 | $49.47 | +11% |
| Indutrade AB INDT | kr 218.60 | kr 147.56 | -32% |
Compare Toromont Industries Ltd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Toromont Industries Ltd (TIH) overvalued or undervalued?
What is the fair value of TIH?
What is the quality score of TIH?
What is the revenue of Toromont Industries Ltd (TIH)?
What is the net profit margin of TIH?
Does Toromont Industries Ltd pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Toromont Industries Ltd and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.