RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Tree Island Steel Stock

Tree Island Steel ROCE 2024

Tree Island Steel ROCE

0.13

Ticker

TSL.TO

ISIN

CA89467Q2009

WKN

A114A7

In 2024, Tree Island Steel's return on capital employed (ROCE) was 0.13, a -66.61% increase from the 0.39 ROCE 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.

ROCE Details

Unraveling Tree Island Steel's Return on Capital Employed (ROCE)

Tree Island Steel'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 Tree Island Steel'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

Tree Island Steel'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 Tree Island Steel’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 Tree Island Steel stock

What is the ROCE (Return on Capital Employed) of Tree Island Steel this year?

The ROCE of Tree Island Steel is 0.13 undefined this year.

How has the ROCE (Return on Capital Employed) of Tree Island Steel developed compared to the previous year?

The ROCE of Tree Island Steel has increased by -66.61% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of Tree Island Steel?

A high Return on Capital Employed (ROCE) indicates that Tree Island Steel 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 Tree Island Steel?

A low ROCE (Return on Capital Employed) can indicate that Tree Island Steel 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 Tree Island Steel impact the company?

An increase in the ROCE of Tree Island Steel 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 Tree Island Steel affect the company?

A decrease in ROCE of Tree Island Steel 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 Tree Island Steel?

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

Why is the ROCE of Tree Island Steel so important for investors?

The ROCE of Tree Island Steel 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 Tree Island Steel take to improve the ROCE?

To improve the ROCE, Tree Island Steel 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 Tree Island Steel pay?

Over the past 12 months, Tree Island Steel paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 3.55 %.

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 0.1 CAD as dividends.

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

The dividends of Tree Island Steel are distributed in CAD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.