RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tree Island Steel Stock

Tree Island Steel ROE 2024

Tree Island Steel ROE

0.06

Ticker

TSL.TO

ISIN

CA89467Q2009

WKN

A114A7

In 2024, Tree Island Steel's return on equity (ROE) was 0.06, a -76.98% increase from the 0.26 ROE in the previous year.

Tree Island Steel Aktienanalyse

What does Tree Island Steel do?

Tree Island Steel Ltd is a Canadian company specializing in the production of steel wire products. Founded in 1964 in Victoria, British Columbia, the company has been listed on the Toronto Stock Exchange since 1968. The company has continually realigned itself throughout its history to meet market needs. In the 1970s and 1980s, it primarily produced products for the construction industry, such as reinforcing steel for concrete. At the beginning of the 21st century, Tree Island Steel withdrew from this market and focused on manufacturing steel wire products for the processing industry. This includes fence products, gabion stones, wire ties, and various specialty products. Tree Island Steel's business model is based on vertical integration. This means that the company performs most steps in the production of its products itself. This includes steel rolling, wire drawing, surface finishing, and manufacturing of end products. This allows Tree Island Steel to guarantee high product quality and quickly respond to customer demands. The company operates in various sectors. The most important sector is the production of galvanized steel wire. In this process, the steel is coated with a thin layer of zinc to protect it from corrosion. These products are primarily used for outdoor applications, such as fences or gabion stones. Another sector of Tree Island Steel is the production of steel grids. These grids can be manufactured in various sizes and shapes and are primarily used in the construction industry. They can be used, for example, as reinforcement for concrete floors or as covers for channels. In addition to these two main sectors, Tree Island Steel also offers a range of specialty products. This includes steel wire products for agriculture, such as wire ropes for vineyards, as well as steel wire products for the transportation of goods, such as wire straps for bottles or bowls. Furthermore, Tree Island Steel has a subsidiary specializing in the production of galvanized wire. This wire is primarily used in the production of electrical products, such as wiring harnesses. Overall, Tree Island Steel employs around 450 employees at its three locations in Canada. All employees strive to continually improve the company's products and provide customers with the best possible service. After all, Tree Island Steel has been an important player in the Canadian and international market for steel wire products for almost six decades. Tree Island Steel ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Tree Island Steel's Return on Equity (ROE)

Tree Island Steel's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Tree Island Steel's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Tree Island Steel's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Tree Island Steel’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Tree Island Steel stock

What is the ROE (Return on Equity) of Tree Island Steel this year?

The ROE of Tree Island Steel this year is 0.06 undefined.

How has the Return on Equity (ROE) of Tree Island Steel developed compared to the previous year?

The ROE of Tree Island Steel has increased by -76.98% decreased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Tree Island Steel?

A high ROE indicates that Tree Island Steel generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Tree Island Steel?

A low ROE can indicate that Tree Island Steel is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Tree Island Steel affect the company?

A change in ROE (Return on Equity) of Tree Island Steel can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Tree Island Steel?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Tree Island Steel?

Some factors that can influence Tree Island Steel's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Tree Island Steel pay?

Over the past 12 months, Tree Island Steel paid a dividend of 0.11 CAD . This corresponds to a dividend yield of about 3.54 %. For the coming 12 months, Tree Island Steel is expected to pay a dividend of 0.11 CAD.

What is the dividend yield of Tree Island Steel?

The current dividend yield of Tree Island Steel is 3.54 %.

When does Tree Island Steel pay dividends?

Tree Island Steel pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Tree Island Steel?

Tree Island Steel paid dividends every year for the past 9 years.

What is the dividend of Tree Island Steel?

For the upcoming 12 months, dividends amounting to 0.11 CAD are expected. This corresponds to a dividend yield of 3.54 %.

In which sector is Tree Island Steel located?

Tree Island Steel is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Tree Island Steel kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tree Island Steel from 10/15/2024 amounting to 0.03 CAD, you needed to have the stock in your portfolio before the ex-date on 9/27/2024.

When did Tree Island Steel pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Tree Island Steel in the year 2023?

In the year 2023, Tree Island Steel distributed 1.28 CAD as dividends.

In which currency does Tree Island Steel pay out the dividend?

The dividends of Tree Island Steel are distributed in CAD.

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Andere Kennzahlen von Tree Island Steel

Our stock analysis for Tree Island Steel 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 Tree Island Steel Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.