TOPICUS.COM INC-SUB VOTING (TOI.CA) Stock Fundamental Analysis
Canada - TSX-V:TOI - CA89072T1021 - Common Stock
137.41 CAD
+1.41 (+1.04%)
TOI gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 62 industry peers in the Software industry. TOI scores excellent on profitability, but there are concerns on its financial health. 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.
Each year in the past 5 years TOI had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 4.62%, TOI belongs to the best of the industry, outperforming 80.65% of the companies in the same industry.
Looking at the Return On Equity, with a value of 21.34%, TOI belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
With an excellent Return On Invested Capital value of 10.77%, TOI belongs to the best of the industry, outperforming 85.48% of the companies in the same industry.
TOI had an Average Return On Invested Capital over the past 3 years of 13.20%. This is in line with the industry average of 12.35%.
| 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
TOI's Profit Margin of 7.65% is amongst the best of the industry. TOI outperforms 80.65% of its industry peers.
TOI's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 15.79%, TOI belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
TOI's Operating Margin has been stable in the last couple of years.
TOI has a better Gross Margin (90.68%) than 95.16% 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 | 15.79% | ||
| 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
TOI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
TOI has more shares outstanding than it did 1 year ago.
TOI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TOI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.30 indicates that TOI is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.30, TOI is in line with its industry, outperforming 54.84% of the companies in the same industry.
The Debt to FCF ratio of TOI is 1.62, which is an excellent value as it means it would take TOI, only 1.62 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.62, TOI is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
A Debt/Equity ratio of 1.07 is on the high side and indicates that TOI has dependencies on debt financing.
The Debt to Equity ratio of TOI (1.07) is worse than 64.52% 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 | 1.07 | ||
| Debt/FCF | 1.62 | ||
| Altman-Z | 3.3 |
ROIC/WACC1.05
WACC10.26%
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 Current ratio of 0.69. This is in the lower half of the industry: TOI underperforms 70.97% of its industry peers.
TOI has a Quick 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 Quick ratio of 0.68. This is in the lower half of the industry: TOI underperforms 70.97% 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.
TOI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -9.90% yearly.
TOI shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.46%.
The Revenue has been growing by 25.41% on average over the past years. This is a very strong growth!
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.
The Revenue is expected to grow by 17.25% on average over the next years. This is quite good.
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
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
A Price/Earnings ratio of 64.21 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 69.35% of the companies in the same industry.
TOI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.42.
TOI is valuated quite expensively with a Price/Forward Earnings ratio of 38.16.
TOI's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TOI is cheaper than 66.13% 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 22.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.21 | ||
| Fwd PE | 38.16 |
4.2 Price Multiples
TOI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TOI is cheaper than 72.58% of the companies in the same industry.
79.03% 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 | 19.55 | ||
| EV/EBITDA | 17.72 |
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.
TOI has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as TOI's earnings are expected to grow with 51.61% in the coming years.
PEG (NY)0.76
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 (10/17/2025, 7:00:00 PM)
137.41
+1.41 (+1.04%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupSoftware & Services
GICS IndustrySoftware
Earnings (Last)
Earnings (Next)
Inst Owners20.83%
Inst Owner ChangeN/A
Ins Owners0.47%
Ins Owner ChangeN/A
Market Cap11.45B
Analysts84
Price Target218.79 (59.22%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend2.54
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)0%
PT rev (3m)9.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-38.41%
EPS NY rev (1m)0%
EPS NY rev (3m)-19.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 64.21 | ||
| Fwd PE | 38.16 | ||
| P/S | 4.97 | ||
| P/FCF | 19.55 | ||
| P/OCF | 18.99 | ||
| P/B | 13.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.72 |
EPS(TTM)2.14
EY1.56%
EPS(NY)3.6
Fwd EY2.62%
FCF(TTM)7.03
FCFY5.11%
OCF(TTM)7.24
OCFY5.27%
SpS27.63
BVpS9.91
TBVpS-13.61
PEG (NY)0.76
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 | 3.3 |
F-Score4
WACC10.26%
ROIC/WACC1.05
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 Year128.14%
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%