AI Spotlight on TORO
Company Description
Toro Corp.acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide.The company operates through Aframax/LR2 tanker and Handysize tanker segments.
It operates a fleet of eight tanker vessels with an aggregate cargo carrying capacity of 0.7 million dwt.The company was incorporated in 2022 and is headquartered in Limassol, Cyprus.
Market Data
Last Price | 2.88 |
Change Percentage | 0.00% |
Open | 2.84 |
Previous Close | 2.88 |
Market Cap ( Millions) | 55 |
Volume | 10451 |
Year High | 6.45 |
Year Low | 2.25 |
M A 50 | 2.83 |
M A 200 | 3.5 |
Financial Ratios
FCF Yield | 44.77% |
Dividend Yield | 0.00% |
ROE | 19.67% |
Debt / Equity | 0.00% |
Net Debt / EBIDTA | -483.98% |
Price To Book | 1.19 |
Price Earnings Ratio | 7.27 |
Price To FCF | 2.23 |
Price To sales | 1.8 |
EV / EBITDA | -3.45 |
News
- Dec -20 - Toro: The Stability Investors Need In The Next Tariff Cycle
- Dec -19 - Toro Q4 Earnings Miss Estimates, Professional Segment Sales Rise Y/Y
- Dec -18 - The Toro Company (TTC) Q4 2024 Earnings Call Transcript
- Dec -18 - Toro Sales, Guidance Affected by 'Extremely Dynamic Environment'
- Dec -18 - Toro (TTC) Q4 Earnings and Revenues Lag Estimates
- Dec -18 - The Toro Company Reports Fourth-Quarter and Full-Year Fiscal 2024 Financial Results
- Dec -12 - Toro Corp. Announces the Provision of a Senior Term Loan to Castor Maritime Inc. and the Increase of its Investment in Castor's Series D Preferred Shares
- Dec -10 - The Toro Company Increases Regular Quarterly Cash Dividend
- Nov -20 - The Toro Company to Announce Fiscal 2024 Full-Year Results
- Nov -15 - Toro CombineCo Announces Update to Previously Disclosed Information on Proforma Revenue and Adjusted EBITDA
- Oct -31 - The Toro Company to Present at the Baird 2024 Global Industrial Conference
- Sep -15 - High Quality Dividend Stock Universe: The Toro Company, Greener Grass Ahead
- Sep -09 - Toro Corp. Announces Results of its 2024 Annual General Meeting of Shareholders
- Sep -06 - Toro: Like Watching Grass Grow
- Sep -05 - The Toro Company (TTC) Q3 2024 Earnings Call Transcript
- Sep -05 - Why Toro Shares Are Down This Week
- Sep -05 - Lawn Mower Maker Toro Stock Sinks on Weaker-Than-Expected Results, Outlook
- Sep -05 - Toro (TTC) Q3 Earnings and Revenues Miss Estimates
- Sep -05 - The Toro Company Reports Results for the Third Quarter of Fiscal 2024
- Aug -29 - Toro (TTC) Earnings Expected to Grow: Should You Buy?
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Aframax / LR2 Tanker
Expected Growth : 4.5 %
What the company do ?
Aframax/LR2 tanker from Toro Corp. is a medium-sized oil tanker with a capacity of 80,000-120,000 deadweight tons, ideal for transporting crude oil and petroleum products.
Why we expect these perspectives ?
Increasing global oil demand, growing energy consumption, and rising crude oil production are driving the demand for Aframax/LR2 tankers. Additionally, the need for efficient and cost-effective transportation of petroleum products is boosting the growth of this segment.
Segment nΒ°2 -> Handysize Tanker
Expected Growth : 4.5 %
What the company do ?
The Handysize Tanker from Toro Corp. is a mid-sized oil tanker with a deadweight tonnage of 25,000-40,000 tons, ideal for short- to medium-haul voyages.
Why we expect these perspectives ?
Growing demand for short- to medium-haul voyages, increasing oil trade, and limited fleet supply drive the Handysize Tanker market growth, with Toro Corp.'s mid-sized tankers well-positioned to capitalize on this trend.
Segment nΒ°3 -> Liquefied Petroleum Gas Carrier
Expected Growth : 4.5 %
What the company do ?
The Liquefied Petroleum Gas Carrier from Toro Corp. is a ship designed to transport liquefied petroleum gases, such as propane and butane, in bulk.
Why we expect these perspectives ?
Growing demand for liquefied petroleum gases, increasing adoption in emerging markets, and rising investments in infrastructure development are expected to drive the growth of the liquefied petroleum gas carrier market.
Toro Corp. Products
Product Range | What is it ? |
---|---|
Lawn Mowers | Toro's lawn mowers are designed for residential and commercial use, offering a range of gas-powered and electric models with advanced features like zero-turn technology and automatic transmissions. |
Irrigation Systems | Toro's irrigation systems provide efficient water management solutions for golf courses, sports fields, and agricultural applications, featuring advanced sensors and control systems. |
Snow Removal Equipment | Toro's snow removal equipment includes snow blowers, plows, and salt spreaders designed for residential and commercial use, offering reliable performance in harsh winter conditions. |
Golf Course and Sports Field Equipment | Toro's golf course and sports field equipment includes mowers, aerators, and other specialized tools designed for maintaining high-quality turf and sports surfaces. |
Batteries and Chargers | Toro's batteries and chargers provide reliable power solutions for outdoor equipment, featuring advanced technology and long-lasting performance. |
Lighting and Controls | Toro's lighting and control systems offer energy-efficient solutions for outdoor lighting, featuring advanced sensors and control systems. |
Toro Corp.'s Porter Forces
Threat Of Substitutes
Toro Corp. faces moderate threat from substitutes due to the availability of alternative products in the market.
Bargaining Power Of Customers
Toro Corp. has a diverse customer base, which reduces the bargaining power of individual customers.
Bargaining Power Of Suppliers
Toro Corp. relies on a few key suppliers for raw materials, giving them moderate bargaining power.
Threat Of New Entrants
The lawn and garden industry is relatively easy to enter, posing a high threat of new entrants to Toro Corp.
Intensity Of Rivalry
The lawn and garden industry is highly competitive, with many established players, leading to a high intensity of rivalry.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 41.39% |
Debt Cost | 3.95% |
Equity Weight | 58.61% |
Equity Cost | 3.95% |
WACC | 3.95% |
Leverage | 70.62% |
Toro Corp. : Quality Control
Toro Corp. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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ICGC.L | Irish Continental Group plc operates as a maritime transport company. It operates through two segments, Ferries, and Container and Terminal. The Ferries segment engages in the provision of passenger and β¦ |
GASS | StealthGas Inc., together with its subsidiaries, provides seaborne transportation services to liquefied petroleum gas (LPG) producers and users internationally. It also provides crude oil and natural gas. The company's carriers β¦ |
PSHG | Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity β¦ |
CPLP | Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo β¦ |
DSX | Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes β¦ |