Toromont IndustriesTMTNF 89 3-Year ROIIC % is 4.69 as of Dec. 2025, which is 61% below its 10-year median of 11.94. GuruFocus rates TMTNF with a GF Score™ of 89/100 and a GF Value™ of $101.00 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 150 Industrial Distribution companies, Toromont Industries ranks better than 51.33% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Toromont Industries's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Toromont Industries's 3-Year ROIIC % or its related term are showing as below:
TMTNF's 3-Year ROIIC % is ranked better than 51.33% of 150
companies
in the Industrial Distribution industry
Industry Median: 3.35
vs TMTNF: 4.69
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Toromont Industries 3-Year ROIIC % Related Terms
Toromont Industries 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Toromont Industries's 3-Year ROIIC % 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.
TMTNF vs GWW, FAST, FERG: 3-Year ROIIC % Comparison
For the Industrial Distribution subindustry, Toromont Industries's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Toromont Industries's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Toromont Industries's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Toromont Industries (TMTNF) has a 3-Year ROIIC % of 4.69 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Toromont Industries and its competitors. This is 61% below median its historical median of 11.94. According to the industry distribution chart, Toromont Industries ranks #73 out of 150 companies in the Industrial Distribution industry, placing it in the top 48.7%.
Is Toromont Industries' 3-Year ROIIC % too high?
Toromont Industries' current 3-Year ROIIC % of 4.69 is 61% below median its 10-year median of 11.94. The Industrial Distribution industry median 3-Year ROIIC % is 3.35. Toromont Industries' value of 4.69 is 40% above this industry median. Based on the distribution chart, Toromont Industries ranks #73 out of 150 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Toromont Industries has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toromont Industries' 3-Year ROIIC % compare to GWW and FAST?
According to the Industrial Distribution industry distribution chart, Toromont Industries ranks #73 out of 150 companies for 3-Year ROIIC %. This puts Toromont Industries in the upper half of its industry. The industry median 3-Year ROIIC % is 3.35. Toromont Industries' value of 4.69 is 40% above this benchmark. While the company's 10-year median is 11.94 vs. the industry median of 3.35, Toromont Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Industrial Distribution company?
The median 3-Year ROIIC % among Industrial Distribution companies is 3.35, based on 150 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toromont Industries's current 3-Year ROIIC % of 4.69 is 40% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Toromont Industries and its competitors. For the Industrial Distribution industry, the median 3-Year ROIIC % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toromont Industries's current 3-Year ROIIC % is 4.69, which is 61% below median its own 10-year median of 11.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toromont Industries stock overvalued right now?
Based on GuruFocus' analysis, Toromont Industries (TMTNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $101.00, compared to a current price of $160.95 — trading 59.4% above its estimated fair value. The current 3-Year ROIIC % is 4.69, which is 61% below median its 10-year median of 11.94 and 40% above the Industrial Distribution industry median of 3.35. Toromont Industries' overall GF Score™ is 89/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Toromont Industries (TMTNF), the current 3-Year ROIIC % is 4.69 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Toromont Industries (TMTNF) Overvalued in 2026?
Based on GuruFocus' analysis, Toromont Industries stock appears to be overvalued.
The current stock price of $160.95 is trading 59.4% above its estimated GF Value™ of $101.00.
GuruFocus considers Toromont Industries to be Significantly Overvalued.
Key valuation signals for TMTNF:
3-Year ROIIC %: 4.69 (61% below median its 10-year median of 11.94)
GF Value™: $101.00 vs. price of $160.95 (59.4% above fair value)
Industry Position: 40% above the Industrial Distribution median (#73 of 150)
No single metric tells the full story. See the TMTNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 supplies and rents mobile and stationary machines used in road building, mining, aggregates, public infrastructure, residential construction, power generation, agriculture, forestry, truck engines, industrial, demolition, and waste management. 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 and other regions.
89GF Score
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