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TSE:TIH

Toromont Industries (TIH.TO)

211.27
+1.78 (0.85%)
as of Jun 15, 2026, 5:02:10 pm Market Open.
176 watching
0
Investor Insights
star iconJun 14, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

Toromont Industries (TIH-T) is positioned well within the infrastructure theme, leveraging its status as the largest Caterpillar dealer in Canada. The company benefits from a stream of recurring high-margin servicing revenue and emerging AI data center infrastructure spending. Despite the optimism, many experts suggest that the stock has seen significant run-up and has a lot of expectations priced in; thus, a moderate position is recommended. There is a general bull sentiment towards industrials entering phase 2 of the market cycle, which typically favors such stocks. However, concerns about high valuation and potential delays in major projects lead experts to advocate waiting for a pullback before purchasing more shares.

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Consensus
Cautious
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Valuation
Overvalued
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COMMENT

It is a well run company. They are the local CAT dealer. He is short CAT-N, but would not want to be short TIH-T. It is one of the strong points in the CAT sales network.

COMMENT

Heavy equipment. The stock has done quite well. He is a little bit cautious on heavy equipment in general. He is focusing more on consumer, healthcare and technology.

TOP PICK

*Short.* The only Caterpillar dealer in Ontario as well as having a small business in arenas. Have benefited for years from an increasing mining sector, and in Ontario it is primarily gold related, and gold miners are not doing that well. Also trading at a pretty hefty premium to the competition. A strengthening US$ means that new equipment coming into the market is going to get re-priced at an expensive US$, and then a lot of used equipment will start competing. Yield of 2.17%.

COMMENT

Spun off Enerflex, which to him was a bit of a head scratcher. Bought it in 2010 and sold it in 2011. Really know accretive value. He would be mixed on this name. Last quarter their Q2 was up 15% which is good and did have a sequential good increase in bookings and a very solid backlog but margins were weaker than expected, which he doesn’t really think is a problem. Margin pressures will abate over the coming quarters. Would prefer Wajax (WJX-T).

COMMENT
Finning (FTT-T) or Toromont (TIH-T) for long-term growth and dividends? This area is a little tough right now. Industrial equipment has been pretty beaten up in the last few weeks. He would prefer Finning, which has the oil Sands in Alberta as well as South America where they have a ton of mining. Toromont more focused on Ontario so there is some mining they can focus on but it is more construction, etc.
COMMENT
Spun out Enerflex (EFX-T) (manufactures gas compression equipment) and the share price dropped. Preferred it better before the spin out.
COMMENT
Toromont (TIH-T) or Finning (FTT-T)? Both companies are heavy equipment. Finning gives more international exposure including Argentina and Chile, which are heavy in mining and heavy users of Caterpillar equipment so he prefers Finning.
HOLD
Looked at it and the breakup of the company and splitting off the air compression business didn’t look good – he liked the compression business. Has a growing dividend. If you own it, hold and see what happens after the split off.
PAST TOP PICK
(A Top Pick Nov 5/09. Up 20%.) Stock started to break down and he sold.
PAST TOP PICK
(A Top Pick Oct 22/09. Down 6%.) Good long-term hold. Great management. Challenged in the short term by a slowdown in the oil/gas industry.
TOP PICK
Compression of natural gas and Caterpillar (CAT-N) dealerships in Ontario/Quebec. Acquired Enerflex giving them exposure to Asia. Because of the acquisition, dividend is staying at 2.5%. An investment for the next 5-10 years.
PAST TOP PICK
(Top Pick Nov 5/09, Up 2%) Got stopped out of it when the trend line broke.
TOP PICK
Compression of natural gas and Caterpillar (CAT-N) dealerships in Ontario and Quebec. Trying to acquire Enerflex (EFX.UN-T), which would give them exposure to the Asian markets. Good diversification and good management team. History of increasing dividends for the last 20 years. Buy on weakness.
TOP PICK
Industrial sector. Stock had a big selloff in 2008 and made a double base. Now breaking out and could go very well.
TOP PICK
Loves the management team, has held it for a number of years. There is lots of growth in this market given the infrastructure required in oil and gas. As you build out infrastructure to transport natural gas, you need compression units and that’s where the growth is. Risk is the price of Nat Gas and economic activity – if stimulus’s don’t continue
Showing 46 to 60 of 83 entries