RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Toromont Industries Stock

Toromont Industries ROCE 2024

Toromont Industries ROCE

0.26

Ticker

TIH.TO

ISIN

CA8911021050

WKN

914305

In 2024, Toromont Industries's return on capital employed (ROCE) was 0.26, a -2.25% increase from the 0.27 ROCE in the previous year.

Toromont Industries Aktienanalyse

What does Toromont Industries do?

Toromont Industries Ltd is a Canadian company specializing in the sale and rental of Caterpillar construction equipment and engines. The company was founded in 1961 and is headquartered in Concord, Ontario, Canada. Toromont Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROCE Details

Unraveling Toromont Industries's Return on Capital Employed (ROCE)

Toromont Industries's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Toromont Industries's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Toromont Industries's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Toromont Industries’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Toromont Industries stock

What is the ROCE (Return on Capital Employed) of Toromont Industries this year?

The ROCE of Toromont Industries is 0.26 undefined this year.

How has the ROCE (Return on Capital Employed) of Toromont Industries developed compared to the previous year?

The ROCE of Toromont Industries has increased by -2.25% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Toromont Industries?

A high Return on Capital Employed (ROCE) indicates that Toromont Industries has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of Toromont Industries?

A low ROCE (Return on Capital Employed) can indicate that Toromont Industries has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from Toromont Industries impact the company?

An increase in the ROCE of Toromont Industries can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of Toromont Industries affect the company?

A decrease in ROCE of Toromont Industries can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

What are some factors that can influence the ROCE of Toromont Industries?

Some factors that can affect Toromont Industries's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of Toromont Industries so important for investors?

The ROCE of Toromont Industries is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can Toromont Industries take to improve the ROCE?

To improve the ROCE, Toromont Industries can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

How much dividend does Toromont Industries pay?

Over the past 12 months, Toromont Industries paid a dividend of 1.72 CAD . This corresponds to a dividend yield of about 1.3 %. For the coming 12 months, Toromont Industries is expected to pay a dividend of 1.95 CAD.

What is the dividend yield of Toromont Industries?

The current dividend yield of Toromont Industries is 1.3 %.

When does Toromont Industries pay dividends?

Toromont Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Toromont Industries?

Toromont Industries paid dividends every year for the past 56 years.

What is the dividend of Toromont Industries?

For the upcoming 12 months, dividends amounting to 1.95 CAD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Toromont Industries located?

Toromont Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Toromont Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toromont Industries from 10/2/2024 amounting to 0.48 CAD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did Toromont Industries pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Toromont Industries in the year 2023?

In the year 2023, Toromont Industries distributed 1.56 CAD as dividends.

In which currency does Toromont Industries pay out the dividend?

The dividends of Toromont Industries are distributed in CAD.

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Andere Kennzahlen von Toromont Industries

Our stock analysis for Toromont Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Toromont Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.