Home / Stocks / TMTNF

Toromont Industries Ltd./ADR (TMTNF, Industrial distributors) Stock Valuation & Fair Value

Trading above its usual valuation

Toromont Industries Ltd./ADR (TMTNF, Industrial distributors) trades at a current P/E of 25.3, about 30% above its historical normal valuation, with a forward growth estimate of 20.7% and a PEG of 1.22. Analysts' one-year estimates have been hit 73% of the time. Priced at its historical normal P/E of 19.5 on the same blended earnings, the 2026-11-06 close of $130.93 corresponds to about $101 a share. This is a valuation reference, not a price target. The $130.93 close is the one the P/E is read at; the technical context below uses the 2026-11-05 close, $134.96.

How to read these numbers: the PEG ratio and current P/E versus normal P/E.

DATA AS OF 2026-11-07
Current P/E
25.3
Normal P/E
19.5
PEG
1.22
Fwd growth
20.7%
Div yield
1.7%
RSI (14)
34.0
Neutral
Technical context
  • Price $134.96 at the Nov 5 close, 9.1% below the 20-day average ($148.51) and 10.0% below the 50-day ($149.95).
  • RSI (14) at 34.0.
  • 52-week range $111.71 to $168.76: the price is 20.0% below the high and 20.8% above the low.

Valuation flags

Verdict history

tickerseer's rating moved from significantly overvalued (2026-09-19) to trading above its usual valuation (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Current P/E and rating by weekCurrent P/E moved from 28.9 to 27.0 between 2026-09-18 and 2026-10-30, against a normal P/E of 19.5, with 1 rating change over 7 recorded weeks.2026-09-18: P/E 28.9, Significantly overvalued, recalculated for the week of 2026-09-192026-09-18: P/E 28.9, Significantly overvalued, recorded live 2026-09-212026-09-25: P/E 31.7, Significantly overvalued, recalculated for the week of 2026-09-262026-09-25: P/E 31.7, Significantly overvalued, recorded live 2026-09-282026-10-02: P/E 32.8, Significantly overvalued, recalculated for the week of 2026-10-032026-10-02: P/E 32.8, Significantly overvalued, recorded live 2026-10-052026-10-09: P/E 29.8, Significantly overvalued, recalculated for the week of 2026-10-102026-10-09: P/E 29.8, Significantly overvalued, recorded live 2026-10-122026-10-16: P/E 29.7, Significantly overvalued, recalculated for the week of 2026-10-172026-10-16: P/E 29.7, Significantly overvalued, recorded live 2026-10-192026-10-23: P/E 28.2, Significantly overvalued, recalculated for the week of 2026-10-242026-10-23: P/E 28.2, Significantly overvalued, recorded live 2026-10-262026-10-30: P/E 27.0, Trading above its usual valuation, recalculated for the week of 2026-10-312026-10-30: P/E 27.0, Trading above its usual valuation, recorded live 2026-11-0220.025.030.0Sep 18Sep 28Oct 9Oct 20Oct 30Normal P/E 19.5
Trading above its usual valuationSignificantly overvaluedLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated are worked out from the metrics tickerseer archived that week.

Selected weeks: the first, the latest, every week the rating moved, and the cheapest and dearest.

WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 28.9+48%Significantly overvalued (recalculated)
2026-10-03P/E 32.8+68%Significantly overvalued (recalculated)
2026-10-31P/E 27.0+39%Trading above its usual valuation (recalculated) (across a rating rules change)
2026-11-02P/E 27.0+39%Trading above its usual valuation ← now
Show all 14 readings
WeekCurrent P/EPremium to normal P/ERating
2026-09-19P/E 28.9+48%Significantly overvalued (recalculated)
2026-09-21P/E 28.9+48%Significantly overvalued
2026-09-26P/E 31.7+63%Significantly overvalued (recalculated)
2026-09-28P/E 31.7+63%Significantly overvalued
2026-10-03P/E 32.8+68%Significantly overvalued (recalculated)
2026-10-05P/E 32.8+68%Significantly overvalued
2026-10-10P/E 29.8+53%Significantly overvalued (recalculated)
2026-10-12P/E 29.8+53%Significantly overvalued
2026-10-17P/E 29.7+52%Significantly overvalued (recalculated)
2026-10-19P/E 29.7+52%Significantly overvalued
2026-10-24P/E 28.2+45%Significantly overvalued (recalculated)
2026-10-26P/E 28.2+45%Significantly overvalued
2026-10-31P/E 27.0+39%Trading above its usual valuation (recalculated) (across a rating rules change)
2026-11-02P/E 27.0+39%Trading above its usual valuation ← now

Frequently asked questions

Is Toromont Industries Ltd./ADR stock overvalued?

At a current P/E of 25.3 versus its historical normal P/E of 19.5, Toromont Industries Ltd./ADR trades about 30% above its typical valuation, with a PEG of 1.22 on 20.7% forward growth. tickerseer currently rates it trading above its usual valuation.

What is Toromont Industries Ltd./ADR's fair value and PEG?

Toromont Industries Ltd./ADR trades at a current P/E of 25.3 against a historical normal P/E of 19.5, a PEG of 1.22, and a forward growth estimate of 20.7%. Priced at its historical normal P/E of 19.5 on the same blended earnings, the 2026-11-06 close of $130.93 corresponds to about $101 a share. This is a valuation reference, not a price target.

Has tickerseer's rating of Toromont Industries Ltd./ADR changed?

tickerseer's rating moved from significantly overvalued (2026-09-19) to trading above its usual valuation (2026-11-02). New rating rules took effect in the week of 2026-11-02, and this rating moved across that change, so part of the move may come from the new rules rather than the company.

Industry: Industrial distributors. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and an AI research note where we have one. Options setups and metric history are part of the paid plans.

See the full analysis →🔔 Track TMTNF free: valuation & earnings alerts

Get the free weekly earnings preview

One email each Monday with the week's named earnings setups, the reasoning, and what settled last week. Strikes and sizing stay in Premium.

It's free, and you can unsubscribe any time. We also send a short product update once a month. Educational content, not investment advice.