TIH
vs
S
S&P TSX Composite Index (Canada)
TIH
Over the past 12 months, TIH has significantly outperformed S&P TSX Composite Index (Canada), delivering a return of +48% compared to the S&P TSX Composite Index (Canada)'s +24% growth.
Stocks Performance
TIH vs S&P TSX Composite Index (Canada)
Performance Gap
TIH vs S&P TSX Composite Index (Canada)
Performance By Year
TIH vs S&P TSX Composite Index (Canada)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Toromont Industries Ltd
Glance View
Toromont Industries Ltd., a name synonymous with robust growth and strategic expansion in the industrial sector, has engineered its success through a sharp focus on two main business segments: Equipment Group and CIMCO. In the heart of their operations lies the Equipment Group, a leading force in distributing industrial and construction equipment. Toromont stands as a formidable presence in Canada and beyond by leveraging partnerships with global giants like Caterpillar. Here, their income streams flourish through the seamless orchestration of sales, rentals, and committed after-market support. Their prowess in this arena extends to delivering machinery solutions tailored to industries ranging from mining to agriculture, creating a reliable revenue foundation built on comprehensive service offerings and enduring customer relationships. Parallelly, the heartbeat of innovation resonates within CIMCO, a leader in industrial and recreational refrigeration systems. This division not only designs and manufactures but also installs and services state-of-the-art refrigeration systems, catering to needs as varied as food processing plants and sports facilities. By capitalizing on trends towards energy-efficient and sustainable solutions, CIMCO propels Toromont into markets eager for forward-thinking refrigeration technology. Through these synergistic segments, Toromont Industries crafts a business narrative rich with resilient revenue flows, underpinned by a reputation for excellence and a strategic alignment with market demands, ensuring its stable footprint in the industrial landscape.
