TOPICUS.COM INC-SUB VOTING (TOI.CA) Stock Fundamental Analysis
Canada - TSX Venture Exchange - TSX-V:TOI - CA89072T1021 - Common Stock
113.78 CAD
+4.23 (+3.86%)
Overall TOI gets a fundamental rating of 5 out of 10. We evaluated TOI against 67 industry peers in the Software industry. TOI has a medium profitability rating, but doesn't score so well on its financial health evaluation. TOI is not overvalued while it is showing excellent growth. This is an interesting 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
- The Return On Assets of TOI (0.25%) is comparable to the rest of the industry.
- TOI's Return On Equity of 1.41% is fine compared to the rest of the industry. TOI outperforms 62.69% of its industry peers.
- The Return On Invested Capital of TOI (10.29%) is better than 85.07% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TOI is in line with the industry average of 12.48%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.25% | ||
| ROE | 1.41% | ||
| ROIC | 10.29% |
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
- TOI's Profit Margin of 0.40% is fine compared to the rest of the industry. TOI outperforms 62.69% of its industry peers.
- TOI's Profit Margin has declined in the last couple of years.
- TOI's Operating Margin of 15.38% is amongst the best of the industry. TOI outperforms 80.60% of its industry peers.
- TOI's Operating Margin has been stable in the last couple of years.
- With an excellent Gross Margin value of 90.36%, TOI belongs to the best of the industry, outperforming 95.52% of the companies in the same industry.
- In the last couple of years the Gross Margin of TOI has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.38% | ||
| PM (TTM) | 0.4% | ||
| GM | 90.36% |
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
- Compared to 1 year ago, TOI has a worse debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 2.70 indicates that TOI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- TOI has a Altman-Z score of 2.70. This is comparable to the rest of the industry: TOI outperforms 55.22% of its industry peers.
- The Debt to FCF ratio of TOI is 2.24, which is a good value as it means it would take TOI, 2.24 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 2.24, TOI is doing good in the industry, outperforming 71.64% of the companies in the same industry.
- A Debt/Equity ratio of 1.88 is on the high side and indicates that TOI has dependencies on debt financing.
- The Debt to Equity ratio of TOI (1.88) is worse than 70.15% 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 | 1.88 | ||
| Debt/FCF | 2.24 | ||
| Altman-Z | 2.7 |
ROIC/WACC1.02
WACC10.04%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that TOI may have some problems paying its short term obligations.
- Looking at the Current ratio, with a value of 0.87, TOI is doing worse than 65.67% of the companies in the same industry.
- A Quick Ratio of 0.87 indicates that TOI may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.87, TOI is doing worse than 67.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
- TOI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 167.65%, which is quite impressive.
- The Earnings Per Share has been decreasing by -9.92% on average over the past years.
- TOI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.42%.
- TOI shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 25.41% yearly.
EPS 1Y (TTM)167.65%
EPS 3YN/A
EPS 5Y-9.92%
EPS Q2Q%514.29%
Revenue 1Y (TTM)19.42%
Revenue growth 3Y20.37%
Revenue growth 5Y25.41%
Sales Q2Q%23.02%
3.2 Future
- TOI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 33.72% yearly.
- The Revenue is expected to grow by 17.64% on average over the next years. This is quite good.
EPS Next Y87.44%
EPS Next 2Y48.92%
EPS Next 3Y33.72%
EPS Next 5YN/A
Revenue Next Year21.87%
Revenue Next 2Y19.19%
Revenue Next 3Y17.64%
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
- TOI is valuated quite expensively with a Price/Earnings ratio of 25.80.
- 77.61% of the companies in the same industry are more expensive than TOI, based on the Price/Earnings ratio.
- TOI is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.47, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 28.60 indicates a quite expensive valuation of TOI.
- Based on the Price/Forward Earnings ratio, TOI is valued a bit cheaper than the industry average as 67.16% of the companies are valued more expensively.
- The average S&P500 Price/Forward Earnings ratio is at 24.26. TOI is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.8 | ||
| Fwd PE | 28.6 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TOI is valued a bit cheaper than 71.64% of the companies in the same industry.
- 82.09% of the companies in the same industry are more expensive than TOI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.67 | ||
| EV/EBITDA | 13.76 |
4.3 Compensation for Growth
- TOI's 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.
- A more expensive valuation may be justified as TOI's earnings are expected to grow with 33.72% in the coming years.
PEG (NY)0.3
PEG (5Y)N/A
EPS Next 2Y48.92%
EPS Next 3Y33.72%
5. Dividend
5.1 Amount
- No dividends for TOI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX-V:TOI (1/16/2026, 7:00:00 PM)
113.78
+4.23 (+3.86%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-10 2026-02-10
Inst Owners21.35%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap9.48B
Revenue(TTM)1.48B
Net Income(TTM)5.96M
Analysts83.64
Price Target197.54 (73.62%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend2.5
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)106.66%
Min EPS beat(2)-34.57%
Max EPS beat(2)247.9%
EPS beat(4)1
Avg EPS beat(4)43.26%
Min EPS beat(4)-37.36%
Max EPS beat(4)247.9%
EPS beat(8)1
Avg EPS beat(8)7.7%
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)-4.14%
Min Revenue beat(2)-4.57%
Max Revenue beat(2)-3.71%
Revenue beat(4)1
Avg Revenue beat(4)-1.91%
Min Revenue beat(4)-4.57%
Max Revenue beat(4)3.2%
Revenue beat(8)1
Avg Revenue beat(8)-2.98%
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)-0.94%
PT rev (3m)-9.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)32.22%
EPS NY rev (1m)0%
EPS NY rev (3m)14.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.8 | ||
| Fwd PE | 28.6 | ||
| P/S | 3.96 | ||
| P/FCF | 15.67 | ||
| P/OCF | 15.26 | ||
| P/B | 13.9 | ||
| P/tB | N/A | ||
| EV/EBITDA | 13.76 |
EPS(TTM)4.41
EY3.88%
EPS(NY)3.98
Fwd EY3.5%
FCF(TTM)7.26
FCFY6.38%
OCF(TTM)7.46
OCFY6.55%
SpS28.71
BVpS8.19
TBVpS-14.54
PEG (NY)0.3
PEG (5Y)N/A
Graham Number28.5
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.25% | ||
| ROE | 1.41% | ||
| ROCE | 16.34% | ||
| ROIC | 10.29% | ||
| ROICexc | 12.18% | ||
| ROICexgc | 54.87% | ||
| OM | 15.38% | ||
| PM (TTM) | 0.4% | ||
| GM | 90.36% | ||
| FCFM | 25.28% |
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%
ROICexgc growth 3YN/A
ROICexgc 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 Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 2.24 | ||
| Debt/EBITDA | 1.88 | ||
| Cap/Depr | 5.24% | ||
| Cap/Sales | 0.69% | ||
| Interest Coverage | 11.18 | ||
| Cash Conversion | 90.94% | ||
| Profit Quality | 6284.44% | ||
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 2.7 |
F-Score4
WACC10.04%
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)167.65%
EPS 3YN/A
EPS 5Y-9.92%
EPS Q2Q%514.29%
EPS Next Y87.44%
EPS Next 2Y48.92%
EPS Next 3Y33.72%
EPS Next 5YN/A
Revenue 1Y (TTM)19.42%
Revenue growth 3Y20.37%
Revenue growth 5Y25.41%
Sales Q2Q%23.02%
Revenue Next Year21.87%
Revenue Next 2Y19.19%
Revenue Next 3Y17.64%
Revenue Next 5YN/A
EBIT growth 1Y21.21%
EBIT growth 3Y21.89%
EBIT growth 5Y26.7%
EBIT Next Year98.27%
EBIT Next 3Y43.94%
EBIT Next 5YN/A
FCF growth 1Y66.75%
FCF growth 3Y25.66%
FCF growth 5Y23.36%
OCF growth 1Y65.6%
OCF growth 3Y25.37%
OCF growth 5Y23.43%
TOPICUS.COM INC-SUB VOTING / TOI.CA FAQ
Can you provide the ChartMill fundamental rating for TOPICUS.COM INC-SUB VOTING?
ChartMill assigns a fundamental rating of 5 / 10 to TOI.CA.
Can you provide the valuation status for TOPICUS.COM INC-SUB VOTING?
ChartMill assigns a valuation rating of 6 / 10 to TOPICUS.COM INC-SUB VOTING (TOI.CA). This can be considered as Fairly Valued.
How profitable is TOPICUS.COM INC-SUB VOTING (TOI.CA) stock?
TOPICUS.COM INC-SUB VOTING (TOI.CA) has a profitability rating of 6 / 10.
Can you provide the financial health for TOI stock?
The financial health rating of TOPICUS.COM INC-SUB VOTING (TOI.CA) is 3 / 10.
Can you provide the expected EPS growth for TOI stock?
The Earnings per Share (EPS) of TOPICUS.COM INC-SUB VOTING (TOI.CA) is expected to grow by 87.44% in the next year.