TREE ISLAND STEEL LTD (TSL.CA) Stock Fundamental Analysis

TSX:TSL • CA89467Q2009

2.66 CAD
-0.05 (-1.85%)
Last: Feb 27, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Taking everything into account, TSL scores 3 out of 10 in our fundamental rating. TSL was compared to 816 industry peers in the Metals & Mining industry. While TSL seems to be doing ok healthwise, there are quite some concerns on its profitability. TSL does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • TSL had negative earnings in the past year.
  • In the past year TSL has reported a negative cash flow from operations.
  • Of the past 5 years TSL 4 years were profitable.
  • Of the past 5 years TSL 4 years had a positive operating cash flow.
TSL.CA Yearly Net Income VS EBIT VS OCF VS FCFTSL.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M

1.2 Ratios

  • The Return On Assets of TSL (-3.24%) is better than 77.45% of its industry peers.
  • With a decent Return On Equity value of -4.67%, TSL is doing good in the industry, outperforming 75.12% of the companies in the same industry.
Industry RankSector Rank
ROA -3.24%
ROE -4.67%
ROIC N/A
ROA(3y)6.94%
ROA(5y)12.66%
ROE(3y)9.49%
ROE(5y)20.96%
ROIC(3y)N/A
ROIC(5y)N/A
TSL.CA Yearly ROA, ROE, ROICTSL.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60

1.3 Margins

  • TSL has a Gross Margin of 5.70%. This is amongst the best in the industry. TSL outperforms 85.42% of its industry peers.
  • In the last couple of years the Gross Margin of TSL has declined.
  • The Profit Margin and Operating Margin are not available for TSL so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 5.7%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-36.96%
GM growth 5Y-8.51%
TSL.CA Yearly Profit, Operating, Gross MarginsTSL.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • TSL does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • TSL has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for TSL has been reduced compared to 5 years ago.
  • TSL has a worse debt/assets ratio than last year.
TSL.CA Yearly Shares OutstandingTSL.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
TSL.CA Yearly Total Debt VS Total AssetsTSL.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M

2.2 Solvency

  • TSL has an Altman-Z score of 1.46. This is a bad value and indicates that TSL is not financially healthy and even has some risk of bankruptcy.
  • Looking at the Altman-Z score, with a value of 1.46, TSL is in line with its industry, outperforming 42.40% of the companies in the same industry.
  • TSL has a Debt/Equity ratio of 0.26. This is a healthy value indicating a solid balance between debt and equity.
  • The Debt to Equity ratio of TSL (0.26) is worse than 68.26% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF N/A
Altman-Z 1.46
ROIC/WACCN/A
WACC10.06%
TSL.CA Yearly LT Debt VS Equity VS FCFTSL.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M 100M

2.3 Liquidity

  • A Current Ratio of 4.28 indicates that TSL has no problem at all paying its short term obligations.
  • The Current ratio of TSL (4.28) is better than 68.14% of its industry peers.
  • TSL has a Quick Ratio of 1.59. This is a normal value and indicates that TSL is financially healthy and should not expect problems in meeting its short term obligations.
  • TSL's Quick ratio of 1.59 is in line compared to the rest of the industry. TSL outperforms 49.39% of its industry peers.
Industry RankSector Rank
Current Ratio 4.28
Quick Ratio 1.59
TSL.CA Yearly Current Assets VS Current LiabilitesTSL.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. Growth

3.1 Past

  • The earnings per share for TSL have decreased strongly by -113.71% in the last year.
  • TSL shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -16.85%.
  • TSL shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.65% yearly.
EPS 1Y (TTM)-113.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-17.86%
Revenue 1Y (TTM)-16.85%
Revenue growth 3Y-11.81%
Revenue growth 5Y0.65%
Sales Q2Q%-28.63%

3.2 Future

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
TSL.CA Yearly Revenue VS EstimatesTSL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
TSL.CA Yearly EPS VS EstimatesTSL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 0 0.1 0.2 0.3 0.4

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Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for TSL. In the last year negative earnings were reported.
Industry RankSector Rank
PE N/A
Fwd PE N/A
TSL.CA Price Earnings VS Forward Price EarningsTSL.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

  • TSL's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TSL is cheaper than 90.69% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 34.35
TSL.CA Per share dataTSL.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

5

5. Dividend

5.1 Amount

  • TSL has a Yearly Dividend Yield of 2.21%.
  • Compared to an average industry Dividend Yield of 0.38, TSL pays a better dividend. On top of this TSL pays more dividend than 98.16% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, TSL pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.21%

5.2 History

  • The dividend of TSL is nicely growing with an annual growth rate of 8.48%!
  • TSL has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.48%
Div Incr Years0
Div Non Decr Years0
TSL.CA Yearly Dividends per shareTSL.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8 1

5.3 Sustainability

  • The earnings of TSL are negative and hence is the payout ratio. TSL will probably not be able to sustain this dividend level.
DP-43.77%
EPS Next 2YN/A
EPS Next 3YN/A
TSL.CA Yearly Income VS Free CF VS DividendTSL.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20M 40M 60M 80M

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Find the best dividend stocksShow peers with best dividend

TREE ISLAND STEEL LTD

TSX:TSL (2/27/2026, 7:00:00 PM)

2.66

-0.05 (-1.85%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-13
Earnings (Next)03-12
Inst Owners0.55%
Inst Owner ChangeN/A
Ins Owners0.97%
Ins Owner ChangeN/A
Market Cap68.89M
Revenue(TTM)174.21M
Net Income(TTM)-5.35M
Analysts45.71
Price TargetN/A
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.21%
Yearly Dividend0.12
Dividend Growth(5Y)8.48%
DP-43.77%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.4
P/FCF N/A
P/OCF N/A
P/B 0.6
P/tB 0.6
EV/EBITDA 34.35
EPS(TTM)-0.21
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-0.21
FCFYN/A
OCF(TTM)-0.13
OCFYN/A
SpS6.73
BVpS4.43
TBVpS4.43
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -3.24%
ROE -4.67%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 5.7%
FCFM N/A
ROA(3y)6.94%
ROA(5y)12.66%
ROE(3y)9.49%
ROE(5y)20.96%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-36.96%
GM growth 5Y-8.51%
F-Score2
Asset Turnover1.05
Health
Industry RankSector Rank
Debt/Equity 0.26
Debt/FCF N/A
Debt/EBITDA 11.06
Cap/Depr 35.55%
Cap/Sales 1.13%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.28
Quick Ratio 1.59
Altman-Z 1.46
F-Score2
WACC10.06%
ROIC/WACCN/A
Cap/Depr(3y)56.66%
Cap/Depr(5y)84.54%
Cap/Sales(3y)1.21%
Cap/Sales(5y)1.78%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-113.71%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-17.86%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-16.85%
Revenue growth 3Y-11.81%
Revenue growth 5Y0.65%
Sales Q2Q%-28.63%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-318.33%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-111.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-106.48%
OCF growth 3YN/A
OCF growth 5YN/A

TREE ISLAND STEEL LTD / TSL.CA FAQ

Can you provide the ChartMill fundamental rating for TREE ISLAND STEEL LTD?

ChartMill assigns a fundamental rating of 3 / 10 to TSL.CA.


What is the valuation status for TSL stock?

ChartMill assigns a valuation rating of 1 / 10 to TREE ISLAND STEEL LTD (TSL.CA). This can be considered as Overvalued.


Can you provide the profitability details for TREE ISLAND STEEL LTD?

TREE ISLAND STEEL LTD (TSL.CA) has a profitability rating of 3 / 10.


How sustainable is the dividend of TREE ISLAND STEEL LTD (TSL.CA) stock?

The dividend rating of TREE ISLAND STEEL LTD (TSL.CA) is 5 / 10 and the dividend payout ratio is -43.77%.