Tree Island Steel (TSE:TSL)
TSX:TSL
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TSL Stock Chart & Stats
C$3.09
-C$0.06(-1.96%)
At close: 4:00 PM EST
C$3.09
-C$0.06(-1.96%)
Day’s Range― - ―
52-Week RangeC$2.20 - C$3.11
Previous CloseN/A
Volume17.20K
Average Volume (3M)3.23K
Market Cap
C$58.45M
Enterprise ValueC$86.53M
Total Cash (Recent Filing)C$1.55M
Total Debt (Recent Filing)C$27.54M
Price to Earnings (P/E)―
Beta0.24
Next Earnings
Jul 29, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield2.63%
Share Statistics
EPS (TTM)-0.26
Shares Outstanding25,861,448
10 Day Avg. Volume2,529
30 Day Avg. Volume3,226
Financial Highlights & Ratios
PEG Ratio-0.36
Price to Book (P/B)0.71
Price to Sales (P/S)0.45
P/FCF Ratio-27.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Balance Sheet CushionThe balance sheet shows moderate leverage (debt-to-equity ~0.26) and sizable equity (~$107M of $163M assets), providing a capital cushion. That solidity reduces refinancing risk and preserves financial optionality to fund operations or weather cyclical downturns over the medium term.
Improved Operating Cash FlowOperating cash flow returned to positive in the trailing twelve months (~$1.4M) after prior negative periods, indicating the core manufacturing operations can generate cash. Even if modest, this reinstated cash generation supports working capital, modest capex and debt service over the coming months.
Diversified Product ExposureThe business supplies welded reinforcing mesh, nails, fencing and other wire products across construction, industrial and agricultural end markets. This product and end-market diversification reduces dependence on any single cycle and supports more stable revenue streams through varying demand environments.
Bears Say
Sustained Profitability PressureProfitability has deteriorated into sustained losses since 2024 with very thin gross margin (~5.1%) and negative operating and net margins (EBIT ~-2.7%, net ~-4.2%). Ongoing margin compression limits retained earnings and reduces the firm's ability to fund growth or absorb future cost shocks.
Material Revenue DeclineTop-line has contracted materially (multi-period growth weakness and TTM revenue down ~-7.5%), eroding scale and pricing leverage. Declining revenue reduces capacity utilization and makes fixed-cost absorption harder, exerting persistent downward pressure on margins and cash conversion.
Weak And Inconsistent Cash FlowFree cash flow is slightly negative (~-$0.1M) with a steep decline versus the prior period (-93.888%), while operating cash flow remains low (~$1.4M). This inconsistent cash generation constrains capital allocation flexibility, dividend sustainability and the ability to invest for growth during industry slowdowns.
Tree Island Steel News
TSL FAQ
What was Tree Island Steel’s price range in the past 12 months?
Tree Island Steel lowest stock price was C$2.20 and its highest was C$3.11 in the past 12 months.
What is Tree Island Steel’s market cap?
Tree Island Steel’s market cap is C$58.45M.
When is Tree Island Steel’s upcoming earnings report date?
Tree Island Steel’s upcoming earnings report date is Jul 29, 2026 which is in 45 days.
How were Tree Island Steel’s earnings last quarter?
Tree Island Steel released its earnings results on May 15, 2026. The company reported -C$0.045 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.045.
Is Tree Island Steel overvalued?
According to Wall Street analysts Tree Island Steel’s price is currently Overvalued.
Does Tree Island Steel pay dividends?
Tree Island Steel pays a Quarterly dividend of C$0.015 which represents an annual dividend yield of 2.63%. See more information on Tree Island Steel dividends here
What is Tree Island Steel’s EPS estimate?
Tree Island Steel’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Tree Island Steel have?
Tree Island Steel has 25,861,448 shares outstanding.
What happened to Tree Island Steel’s price movement after its last earnings report?
Tree Island Steel reported an EPS of -C$0.045 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Tree Island Steel?
Currently, no hedge funds are holding shares in TSE:TSL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Tree Island Steel
Tree Island Steel Ltd., founded in 1964 and headquartered in Richmond, Canada, is a leading manufacturer and supplier of steel wire and various fabricated steel wire products. The company serves a broad spectrum of applications, including industrial, construction, agricultural, and other specialized uses, with its sales operations spanning Canada, the United States, and international markets. Its extensive product line is segmented into several categories: Industrial products feature items like pulp and unitizing wires, recycling wire, chain link and upholstery wires, low carbon and shaped wires, as well as straight and cut bars and specialized wirelines for the oil sector. For residential applications, offerings include bulk and collated nails, pre-packaged nails and fasteners, bulk and packaged screws, innovative nail head identification systems, woven and welded wires, and various corners and accessories. Commercial goods comprise reinforcing mesh, pipe mesh, flexicage, rebar tie wire, engineered structural mesh, concrete reinforcing wires, and mine mesh products. Agricultural supplies encompass a range of agricultural wires, rolled fencing, fence panels, and fence staples and stays. Tree Island Steel Ltd. sells its diverse products under a suite of established brand names, including Tree Island, Halsteel, True Spec, K-Lath, Stucco-Rite, TI Wire, Tough Strand, and ToughPanel. The company transitioned from its previous identity as Tree Island Wire Income Fund, officially becoming Tree Island Steel Ltd. in October 2012.
Technical Analysis
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Options Prices
Currently, No data available
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