Toromont Industries (OTCMKTS:TMTNF – Get Free Report) is one of 158 publicly-traded companies in the “Trading Companies & Distributors” industry, but how does it compare to its competitors? We will compare Toromont Industries to similar businesses based on the strength of its analyst recommendations, dividends, risk, institutional ownership, earnings, profitability and valuation.
Insider & Institutional Ownership
50.9% of shares of all “Trading Companies & Distributors” companies are held by institutional investors. 17.1% of shares of all “Trading Companies & Distributors” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Dividends
Toromont Industries pays an annual dividend of $1.62 per share and has a dividend yield of 1.1%. Toromont Industries pays out 49.4% of its earnings in the form of a dividend. As a group, “Trading Companies & Distributors” companies pay a dividend yield of 2.9% and pay out 36.6% of their earnings in the form of a dividend. Toromont Industries lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Toromont Industries | 9.25% | 15.53% | 9.42% |
| Toromont Industries Competitors | 0.71% | -34.50% | 3.15% |
Valuation and Earnings
This table compares Toromont Industries and its competitors revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Toromont Industries | $3.72 billion | $355.41 million | 44.76 |
| Toromont Industries Competitors | $6.50 billion | $365.60 million | 20.97 |
Toromont Industries’ competitors have higher revenue and earnings than Toromont Industries. Toromont Industries is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Analyst Recommendations
This is a breakdown of current ratings for Toromont Industries and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Toromont Industries | 0 | 3 | 4 | 0 | 2.57 |
| Toromont Industries Competitors | 1421 | 4866 | 6659 | 220 | 2.43 |
As a group, “Trading Companies & Distributors” companies have a potential upside of 11.26%. Given Toromont Industries’ competitors higher possible upside, analysts clearly believe Toromont Industries has less favorable growth aspects than its competitors.
Summary
Toromont Industries competitors beat Toromont Industries on 8 of the 14 factors compared.
Toromont Industries Company Profile
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 sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercial, marine, on-highway trucks, and power generation; and sale of complementary and related products, parts, and services. This segment serves road building, mining, aggregates, infrastructure, residential and commercial construction, power generation, agriculture, forestry, 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. 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.
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