TOPICUS.COM INC-SUB VOTING (TOI.CA) Stock Fundamental Analysis
TSX-V:TOI • CA89072T1021
85.28 CAD
-1.19 (-1.38%)
Last: Feb 13, 2026, 07:00 PM
TOI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 69 industry peers in the Software industry. There are concerns on the financial health of TOI while its profitability can be described as average. An interesting combination arises when we look at growth and value: TOI is growing strongly while it also seems undervalued.
1. Profitability
1.1 Basic Checks
- In the past year TOI was profitable.
- In the past year TOI had a positive cash flow from operations.
- Of the past 5 years TOI 4 years were profitable.
- TOI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TOI's Return On Assets of 0.25% is fine compared to the rest of the industry. TOI outperforms 60.87% of its industry peers.
- TOI's Return On Equity of 1.41% is fine compared to the rest of the industry. TOI outperforms 63.77% of its industry peers.
- With an excellent Return On Invested Capital value of 10.29%, TOI belongs to the best of the industry, outperforming 84.06% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for TOI is in line with the industry average of 12.35%.
| 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 has a better Profit Margin (0.40%) than 65.22% of its industry peers.
- TOI's Profit Margin has declined in the last couple of years.
- TOI has a better Operating Margin (15.38%) than 79.71% of its industry peers.
- TOI's Operating Margin has been stable in the last couple of years.
- TOI has a Gross Margin of 90.36%. This is amongst the best in the industry. TOI outperforms 95.65% of its industry peers.
- 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
- The debt/assets ratio for TOI is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.32 indicates that TOI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- TOI has a Altman-Z score (2.32) which is comparable to the rest of the industry.
- TOI has a debt to FCF ratio of 2.24. This is a good value and a sign of high solvency as TOI would need 2.24 years to pay back of all of its debts.
- TOI has a Debt to FCF ratio of 2.24. This is in the better half of the industry: TOI outperforms 72.46% of its industry peers.
- A Debt/Equity ratio of 1.88 is on the high side and indicates that TOI has dependencies on debt financing.
- TOI has a worse Debt to Equity ratio (1.88) than 66.67% of its industry peers.
- Even though the debt/equity ratio score it not favorable for TOI, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.88 | ||
| Debt/FCF | 2.24 | ||
| Altman-Z | 2.32 |
ROIC/WACC0.99
WACC10.42%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that TOI may have some problems paying its short term obligations.
- TOI has a Current ratio of 0.87. This is in the lower half of the industry: TOI underperforms 62.32% of its industry peers.
- TOI has a Quick Ratio of 0.87. This is a bad value and indicates that TOI is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of TOI (0.87) is worse than 62.32% of its industry peers.
| 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.
- Measured over the past years, TOI shows a decrease in Earnings Per Share. The EPS has been decreasing by -9.92% on average per year.
- Looking at the last year, TOI shows a quite strong growth in Revenue. The Revenue has grown by 19.42% in the last year.
- 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 34.36% yearly.
- Based on estimates for the next years, TOI will show a quite strong growth in Revenue. The Revenue will grow by 18.20% on average per year.
EPS Next Y119.92%
EPS Next 2Y49.99%
EPS Next 3Y34.36%
EPS Next 5YN/A
Revenue Next Year21.87%
Revenue Next 2Y20.05%
Revenue Next 3Y18.2%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- The Price/Earnings ratio is 19.34, which indicates a rather expensive current valuation of TOI.
- 75.36% of the companies in the same industry are more expensive than TOI, based on the Price/Earnings ratio.
- TOI's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.68.
- TOI is valuated rather expensively with a Price/Forward Earnings ratio of 21.13.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TOI indicates a somewhat cheap valuation: TOI is cheaper than 68.12% of the companies listed in the same industry.
- When comparing the Price/Forward Earnings ratio of TOI to the average of the S&P500 Index (28.06), we can say TOI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.34 | ||
| Fwd PE | 21.13 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, TOI is valued a bit cheaper than 72.46% of the companies in the same industry.
- 84.06% 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 | 11.75 | ||
| EV/EBITDA | 10.81 |
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 34.36% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.16
PEG (5Y)N/A
EPS Next 2Y49.99%
EPS Next 3Y34.36%
5. Dividend
5.1 Amount
- No dividends for TOI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
TSX-V:TOI (2/13/2026, 7:00:00 PM)
85.28
-1.19 (-1.38%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)11-04 2025-11-04/amc
Earnings (Next)02-24 2026-02-24
Inst Owners21.35%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap7.11B
Revenue(TTM)1.48B
Net Income(TTM)5.96M
Analysts83.64
Price Target187.34 (119.68%)
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)-5.16%
PT rev (3m)-14.37%
EPS NQ rev (1m)18.49%
EPS NQ rev (3m)56.67%
EPS NY rev (1m)52.19%
EPS NY rev (3m)34.28%
Revenue NQ rev (1m)-0.91%
Revenue NQ rev (3m)-2.21%
Revenue NY rev (1m)1.65%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.34 | ||
| Fwd PE | 21.13 | ||
| P/S | 2.97 | ||
| P/FCF | 11.75 | ||
| P/OCF | 11.44 | ||
| P/B | 10.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.81 |
EPS(TTM)4.41
EY5.17%
EPS(NY)4.04
Fwd EY4.73%
FCF(TTM)7.26
FCFY8.51%
OCF(TTM)7.46
OCFY8.74%
SpS28.71
BVpS8.19
TBVpS-14.54
PEG (NY)0.16
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 | 2.32 |
F-Score4
WACC10.42%
ROIC/WACC0.99
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 Y119.92%
EPS Next 2Y49.99%
EPS Next 3Y34.36%
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 2Y20.05%
Revenue Next 3Y18.2%
Revenue Next 5YN/A
EBIT growth 1Y21.21%
EBIT growth 3Y21.89%
EBIT growth 5Y26.7%
EBIT Next Year98.27%
EBIT Next 3Y44.62%
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 7 / 10 to TOPICUS.COM INC-SUB VOTING (TOI.CA). This can be considered as Undervalued.
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 119.92% in the next year.