TOPICUS.COM INC-SUB VOTING (TOI.CA) Stock Fundamental Analysis
Canada • TSX Venture Exchange • TSX-V:TOI • CA89072T1021
101 CAD
-0.59 (-0.58%)
Last: Jan 30, 2026, 07:00 PM
We assign a fundamental rating of 5 out of 10 to TOI. TOI was compared to 68 industry peers in the Software industry. There are concerns on the financial health of TOI while its profitability can be described as average. 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.
- TOI had a positive operating cash flow in the past year.
- TOI had positive earnings in 4 of the past 5 years.
- TOI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- TOI has a Return On Assets (0.25%) which is in line with its industry peers.
- TOI has a Return On Equity of 1.41%. This is in the better half of the industry: TOI outperforms 63.24% of its industry peers.
- TOI has a Return On Invested Capital of 10.29%. This is amongst the best in the industry. TOI outperforms 85.29% 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 12.48%.
| 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 63.24% of its industry peers.
- In the last couple of years the Profit Margin of TOI has declined.
- Looking at the Operating Margin, with a value of 15.38%, TOI belongs to the top of the industry, outperforming 80.88% of the companies in the same industry.
- 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 95.59% 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.
- The number of shares outstanding for TOI has been increased compared to 1 year ago.
- 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 2.57 indicates that TOI is not a great score, but indicates only limited risk for bankruptcy at the moment.
- TOI has a Altman-Z score (2.57) which is in line with its industry peers.
- 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.
- Looking at the Debt to FCF ratio, with a value of 2.24, TOI is in the better half of the industry, outperforming 72.06% 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.
- TOI's Debt to Equity ratio of 1.88 is on the low side compared to the rest of the industry. TOI is outperformed by 69.12% 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 | 2.57 |
ROIC/WACC1
WACC10.25%
2.3 Liquidity
- A Current Ratio of 0.87 indicates that TOI may have some problems paying its short term obligations.
- With a Current ratio value of 0.87, TOI is not doing good in the industry: 64.71% of the companies in the same industry are doing better.
- 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.
- TOI's Quick ratio of 0.87 is on the low side compared to the rest of the industry. TOI is outperformed by 66.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.87 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 167.65% over the past year.
- The Earnings Per Share has been decreasing by -9.92% on average over the past years.
- 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
- Based on estimates for the next years, TOI will show a very strong growth in Earnings Per Share. The EPS will grow by 42.22% on average per year.
- TOI is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.27% yearly.
EPS Next Y119.92%
EPS Next 2Y62.34%
EPS Next 3Y42.22%
EPS Next 5YN/A
Revenue Next Year21.87%
Revenue Next 2Y20.21%
Revenue Next 3Y18.27%
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.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 22.85, which indicates a rather expensive current valuation of TOI.
- Based on the Price/Earnings ratio, TOI is valued a bit cheaper than the industry average as 77.94% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 28.30, TOI is valued at the same level.
- Based on the Price/Forward Earnings ratio of 21.33, the valuation of TOI can be described as rather expensive.
- Based on the Price/Forward Earnings ratio, TOI is valued a bit cheaper than the industry average as 70.59% of the companies are valued more expensively.
- TOI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.85 | ||
| Fwd PE | 21.33 |
4.2 Price Multiples
- TOI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TOI is cheaper than 72.06% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of TOI indicates a rather cheap valuation: TOI is cheaper than 83.82% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.89 | ||
| EV/EBITDA | 12.78 |
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.
- A more expensive valuation may be justified as TOI's earnings are expected to grow with 42.22% in the coming years.
PEG (NY)0.19
PEG (5Y)N/A
EPS Next 2Y62.34%
EPS Next 3Y42.22%
5. Dividend
5.1 Amount
- No dividends for TOI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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 119.92% in the next year.