TOPICUS.COM INC-SUB VOTING (TOI.CA) Stock Fundamental Analysis
TSX-V:TOI - CA89072T1021 - Common Stock
173.34 CAD
-3.2 (-1.81%)
Overall TOI gets a fundamental rating of 6 out of 10. We evaluated TOI against 63 industry peers in the Software industry. TOI scores excellent on profitability, but there are some minor concerns on its financial health. TOI is growing strongly while it is still valued neutral. This is a good combination!
1. Profitability
1.1 Basic Checks
TOI had positive earnings in the past year.
In the past year TOI had a positive cash flow from operations.
TOI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TOI had a positive operating cash flow.
1.2 Ratios
TOI's Return On Assets of 4.62% is fine compared to the rest of the industry. TOI outperforms 77.78% of its industry peers.
TOI has a better Return On Equity (21.34%) than 88.89% of its industry peers.
TOI's Return On Invested Capital of 10.77% is amongst the best of the industry. TOI outperforms 85.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TOI is in line with the industry average of 12.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 21.34% | ||
| ROIC | 10.77% |
ROA(3y)5.03%
ROA(5y)-31.64%
ROE(3y)23.53%
ROE(5y)N/A
ROIC(3y)13.2%
ROIC(5y)13.96%
1.3 Margins
The Profit Margin of TOI (7.65%) is better than 80.95% of its industry peers.
In the last couple of years the Profit Margin of TOI has declined.
TOI's Operating Margin of 15.79% is amongst the best of the industry. TOI outperforms 84.13% of its industry peers.
TOI's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 90.68%, TOI belongs to the best of the industry, outperforming 93.65% of the companies in the same industry.
TOI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.79% | ||
| PM (TTM) | 7.65% | ||
| GM | 90.68% |
OM growth 3Y1.27%
OM growth 5Y1.03%
PM growth 3YN/A
PM growth 5Y-8.59%
GM growth 3Y0.4%
GM growth 5Y0.29%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TOI is still creating some value.
Compared to 1 year ago, TOI has more shares outstanding
Compared to 5 years ago, TOI has more shares outstanding
TOI has a worse debt/assets ratio than last year.
2.2 Solvency
TOI has an Altman-Z score of 3.95. This indicates that TOI is financially healthy and has little risk of bankruptcy at the moment.
TOI's Altman-Z score of 3.95 is fine compared to the rest of the industry. TOI outperforms 68.25% of its industry peers.
TOI has a debt to FCF ratio of 1.62. This is a very positive value and a sign of high solvency as it would only need 1.62 years to pay back of all of its debts.
TOI's Debt to FCF ratio of 1.62 is fine compared to the rest of the industry. TOI outperforms 71.43% of its industry peers.
TOI has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TOI (1.07) is worse than 63.49% of its industry peers.
Although TOI does not score too well on debt/equity it has very limited outstanding debt, which is well covered by the FCF. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 1.62 | ||
| Altman-Z | 3.95 |
ROIC/WACC1.02
WACC10.55%
2.3 Liquidity
TOI has a Current Ratio of 0.69. This is a bad value and indicates that TOI is not financially healthy enough and could expect problems in meeting its short term obligations.
TOI has a worse Current ratio (0.69) than 68.25% of its industry peers.
A Quick Ratio of 0.68 indicates that TOI may have some problems paying its short term obligations.
TOI has a worse Quick ratio (0.68) than 68.25% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
TOI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 48.07%, which is quite impressive.
Measured over the past years, TOI shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.90% on average per year.
The Revenue has grown by 16.46% in the past year. This is quite good.
TOI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.41% yearly.
EPS 1Y (TTM)48.07%
EPS 3YN/A
EPS 5Y-9.9%
EPS Q2Q%47.62%
Revenue 1Y (TTM)16.46%
Revenue growth 3Y20.37%
Revenue growth 5Y25.41%
Sales Q2Q%19.55%
3.2 Future
Based on estimates for the next years, TOI will show a very strong growth in Earnings Per Share. The EPS will grow by 51.61% on average per year.
TOI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.25% yearly.
EPS Next Y84.59%
EPS Next 2Y49.34%
EPS Next 3Y51.61%
EPS Next 5YN/A
Revenue Next Year22.78%
Revenue Next 2Y17.75%
Revenue Next 3Y17.25%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 82.54 indicates a quite expensive valuation of TOI.
TOI's Price/Earnings ratio is a bit cheaper when compared to the industry. TOI is cheaper than 63.49% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.84, TOI is valued quite expensively.
TOI is valuated quite expensively with a Price/Forward Earnings ratio of 49.08.
TOI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TOI is cheaper than 68.25% of the companies in the same industry.
TOI's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 22.48.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.54 | ||
| Fwd PE | 49.08 |
4.2 Price Multiples
69.84% of the companies in the same industry are more expensive than TOI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TOI indicates a somewhat cheap valuation: TOI is cheaper than 76.19% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.15 | ||
| EV/EBITDA | 22.65 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TOI may justify a higher PE ratio.
TOI's earnings are expected to grow with 51.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.98
PEG (5Y)N/A
EPS Next 2Y49.34%
EPS Next 3Y51.61%
5. Dividend
5.1 Amount
TOI does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TSX-V:TOI (9/3/2025, 7:00:00 PM)
173.34
-3.2 (-1.81%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners19.67%
Inst Owner ChangeN/A
Ins Owners0.48%
Ins Owner ChangeN/A
Market Cap14.45B
Analysts84
Price Target218.79 (26.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend2.48
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-35.97%
Min EPS beat(2)-37.36%
Max EPS beat(2)-34.57%
EPS beat(4)0
Avg EPS beat(4)-23.9%
Min EPS beat(4)-37.36%
Max EPS beat(4)-0.47%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.56%
Min Revenue beat(2)-4.57%
Max Revenue beat(2)-2.54%
Revenue beat(4)1
Avg Revenue beat(4)-1.55%
Min Revenue beat(4)-4.57%
Max Revenue beat(4)3.2%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)9.16%
PT rev (3m)26.18%
EPS NQ rev (1m)-38.41%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-19.77%
EPS NY rev (3m)-19.77%
Revenue NQ rev (1m)-8.19%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-2.59%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 82.54 | ||
| Fwd PE | 49.08 | ||
| P/S | 6.4 | ||
| P/FCF | 25.15 | ||
| P/OCF | 24.43 | ||
| P/B | 17.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 22.65 |
EPS(TTM)2.1
EY1.21%
EPS(NY)3.53
Fwd EY2.04%
FCF(TTM)6.89
FCFY3.98%
OCF(TTM)7.1
OCFY4.09%
SpS27.1
BVpS9.72
TBVpS-13.35
PEG (NY)0.98
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.62% | ||
| ROE | 21.34% | ||
| ROCE | 14.53% | ||
| ROIC | 10.77% | ||
| ROICexc | 12.68% | ||
| ROICexgc | 83.17% | ||
| OM | 15.79% | ||
| PM (TTM) | 7.65% | ||
| GM | 90.68% | ||
| FCFM | 25.43% |
ROA(3y)5.03%
ROA(5y)-31.64%
ROE(3y)23.53%
ROE(5y)N/A
ROIC(3y)13.2%
ROIC(5y)13.96%
ROICexc(3y)16.09%
ROICexc(5y)16.51%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)19.8%
ROCE(5y)19.81%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y8.6%
ROICexc growth 5Y6.98%
OM growth 3Y1.27%
OM growth 5Y1.03%
PM growth 3YN/A
PM growth 5Y-8.59%
GM growth 3Y0.4%
GM growth 5Y0.29%
F-Score4
Asset Turnover0.6
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 1.62 | ||
| Debt/EBITDA | 1.34 | ||
| Cap/Depr | 5.74% | ||
| Cap/Sales | 0.75% | ||
| Interest Coverage | 9.75 | ||
| Cash Conversion | 90.74% | ||
| Profit Quality | 332.39% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | 3.95 |
F-Score4
WACC10.55%
ROIC/WACC1.02
Cap/Depr(3y)5.14%
Cap/Depr(5y)4.76%
Cap/Sales(3y)0.71%
Cap/Sales(5y)0.67%
Profit Quality(3y)357.14%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.07%
EPS 3YN/A
EPS 5Y-9.9%
EPS Q2Q%47.62%
EPS Next Y84.59%
EPS Next 2Y49.34%
EPS Next 3Y51.61%
EPS Next 5YN/A
Revenue 1Y (TTM)16.46%
Revenue growth 3Y20.37%
Revenue growth 5Y25.41%
Sales Q2Q%19.55%
Revenue Next Year22.78%
Revenue Next 2Y17.75%
Revenue Next 3Y17.25%
Revenue Next 5YN/A
EBIT growth 1Y25.76%
EBIT growth 3Y21.89%
EBIT growth 5Y26.7%
EBIT Next Year135.81%
EBIT Next 3Y44.99%
EBIT Next 5YN/A
FCF growth 1Y70.09%
FCF growth 3Y25.66%
FCF growth 5Y23.36%
OCF growth 1Y69.02%
OCF growth 3Y25.37%
OCF growth 5Y23.43%