Toromont Industries (TIH.TO) Buy, Sell or Hold

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Toromont Industries (TIH.TO)

215.91

-2.94 (1.34%)

as of Aug 14, 2026, 8:00:00 pm Market Open.

175 watching

Investor Insights

Aug 15, 2026, 12:00 am

This summary was created by AI, based on 4 opinions in the last 12 months.

Toromont Industries (TIH-T) has generated considerable interest among analysts, particularly due to its role as the largest Caterpillar dealer in Canada and its involvement in the heavy equipment sector tied to infrastructure development. The stock has seen a significant rally, largely attributed to anticipated spending in AI data center infrastructure, which has led to a surge in expectations surrounding its performance. However, experts highlight concerns over its current valuation, which now sits at a PE ratio of 40x, significantly above its historical norm of 12-15x. Some analysts express caution, suggesting it may be time to take profits, as much of the positive sentiment appears priced in. They advocate for a more moderate position size and recommend waiting for a potential market pullback before making further investments.

Consensus

Cautious

Valuation

Overvalued

Similar

RBC,RY

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

BUY

Incredibly cheap. Looking at the 22-year dividend history is one of the best dividend growers in Canada. Very predictable stream of growth. 2.6% yield.

PAST TOP PICK

(A Top Pick Sept 3/08. Down 26.1% but got stopped out at $27 for a 14.3% loss.) Now doing well and starting to make a base. Ideal buying opportunity. 200-day moving average is around $22 but has just had a major break above a descending trendline so stock is probably ready to jump.

PAST TOP PICK

(A Top Pick Feb 6/07. Up 4.26%.) This is one you just put in your portfolio and forget about it. They run a fantastic business. Ideal play on infrastructure spending in Canada. Also have a play on unconventional natural gas extraction.

COMMENT

Some exposure to the housing industry but very well diversified. Financially solid. Compression business is solid as well. Its fundamentals are going to be overwhelmed by the credit winds. 3 to 5 year horizon, it's a buy.

TOP PICK

Strong uptrend. Above the 200-day moving average. Industrials should do well. Stop/loss should be $28 or $29.

TOP PICK

Has the ability to sustain itself after the business cycle, because of its presence in Ontario. Expects government will spend a great deal on infrastructure.

BUY

The model price is $32.24, a 34% positive differential. If it qualified for his portfolios, he would buy it.

DON'T BUY

Big infrastructure needs should keep propelling both companies forward. Slightly expensive. Trades at 17 X next year's earnings. Would prefer it under $15.

BUY

Caterpillar equipment dealer. Prefers Finning (FTT-T). Very well-run company and has always traded at a premium multiple but there has been some contraction in that. Quality name.

TOP PICK

Toromont Industries has two key areas that they work in. One is caterpillar dealerships in Ont., Man. and N. Canada. The other is in gas compressors. He likes this company because it has steady growth, it is well managed, always traded at a premium and is well diversified. Sees continued growth. Not a big large cap company. Bought March 10 at $25.45. He will continue to add to it as well.

BUY

Caterpillar dealer. Has done fairly well. A leverage play on the resources boom.

HOLD

A terrific looking chart. Good long uptrend. There is no reason to sell.

HOLD

In a number of industries, but the one it's best known for is its Caterpillar Equipment distributorship, especially in eastern Canada. With the resource/mining boom, Caterpiller has been in demand. Well run company. Has become more cyclical.

PAST TOP PICK

(A Top Pick Aug 23/04. Up 26%.) Still likes. Has moved very nicely and probably not cheap. Has solid management, so likes it for the long term. 2 areas of growth, Caterpillar dealership (spare parts only) and gas compression. Would buy more on any weakness.

Showing 61 to 75 of 84 entries

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Toromont Industries (TIH.TO)