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Toromont Industries (TSX:TIH) EV-to-EBIT : 13.34 (As of May. 01, 2024)


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What is Toromont Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Toromont Industries's Enterprise Value is C$10,003 Mil. Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$750 Mil. Therefore, Toromont Industries's EV-to-EBIT for today is 13.34.

The historical rank and industry rank for Toromont Industries's EV-to-EBIT or its related term are showing as below:

TSX:TIH' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.71   Med: 14.37   Max: 23.21
Current: 13.33

During the past 13 years, the highest EV-to-EBIT of Toromont Industries was 23.21. The lowest was 9.71. And the median was 14.37.

TSX:TIH's EV-to-EBIT is ranked worse than
65.93% of 135 companies
in the Industrial Distribution industry
Industry Median: 9.36 vs TSX:TIH: 13.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Toromont Industries's Enterprise Value for the quarter that ended in Dec. 2023 was C$9,187 Mil. Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$750 Mil. Toromont Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.16%.


Toromont Industries EV-to-EBIT Historical Data

The historical data trend for Toromont Industries's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Toromont Industries EV-to-EBIT Chart

Toromont Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 19.47 18.92 12.14 12.25

Toromont Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.14 13.24 12.35 11.94 12.25

Competitive Comparison of Toromont Industries's EV-to-EBIT

For the Industrial Distribution subindustry, Toromont Industries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Toromont Industries's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Toromont Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Toromont Industries's EV-to-EBIT falls into.



Toromont Industries EV-to-EBIT Calculation

Toromont Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10002.698/750.054
=13.34

Toromont Industries's current Enterprise Value is C$10,003 Mil.
Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$750 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toromont Industries  (TSX:TIH) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Toromont Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=750.054/9186.82153
=8.16 %

Toromont Industries's Enterprise Value for the quarter that ended in Dec. 2023 was C$9,187 Mil.
Toromont Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$750 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Toromont Industries EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Toromont Industries's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Toromont Industries (TSX:TIH) Business Description

Traded in Other Exchanges
Address
3131 Highway 7 West, P.O. Box 5511, Concord, ON, CAN, L4K 1B7
Toromont Industries Ltd is a Canadian industrial company. The company operates two business segments: Equipment Group and CIMCO. The larger segment by revenue, Equipment Group includes a Caterpillar dealership and rental operation of construction equipment. CIMCO offers solutions for the design, engineering, fabrication, and installation of industrial and recreational refrigeration systems. The company operates majorly in Canada and derives a smaller portion of sales from the United States of America.

Toromont Industries (TSX:TIH) Headlines

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