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Tree Island Steel (TSE:TSL)
TSX:TSL
Canadian Market
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Tree Island Steel (TSL) Price & Analysis

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TSL Stock Chart & Stats

C$2.28
C$0.11(5.24%)
At close: 4:00 PM EDT
C$2.28
C$0.11(5.24%)

Bulls Say, Bears Say

Bulls Say
Manageable LeverageModerate leverage and a sizable equity base provide a financial buffer in a cyclical steel market. This supports continued operations and leaves more flexibility than a highly levered structure, although sustained profitability is still needed to preserve that balance-sheet resilience.
Diversified Products And End MarketsA broad product range and exposure to several customer end markets can reduce reliance on any single application or region. Manufacturing and distribution capabilities also allow Tree Island Steel to address varied demand while pursuing higher-value fabricated wire products alongside basic wire offerings.
Strong TTM Revenue GrowthThe sharp TTM revenue increase indicates meaningful sales expansion and demonstrates that the company can grow its market activity despite current earnings pressure. Slightly positive EBITDA suggests operations retain some underlying earnings capacity that could improve if volume, mix, or pricing conditions strengthen.
Bears Say
Persistent Operating LossesNegative net income, EBIT, and return on equity show that current sales are not converting into adequate shareholder returns. Losses weaken internal funding capacity and can make it harder to protect capital or invest consistently until operating profitability recovers.
Negative Cash GenerationNegative operating and free cash flow indicate that the business is currently consuming cash rather than funding operations and reinvestment internally. If this persists, Tree Island Steel may face greater dependence on financing and have less flexibility to manage downturns or pursue growth.
Low Margins And Earnings DeteriorationA very low gross margin leaves limited room to absorb changes in steel inputs, freight, energy, or operating costs. The deterioration from earlier profitable years points to cyclical or margin-compression pressure, making earnings less stable and recovery dependent on improved conditions.

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$2.05 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$70.56M.
      When is Tree Island Steel’s upcoming earnings report date?
      Tree Island Steel’s upcoming earnings report date is Nov 05, 2026 which is in 47 days.
        How were Tree Island Steel’s earnings last quarter?
        Tree Island Steel released its earnings results on Aug 13, 2026. The company reported -C$0.008 earnings per share for the quarter.
          Is Tree Island Steel overvalued?
          According to Wall Street analysts Tree Island Steel’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Tree Island Steel pay dividends?
            Tree Island Steel pays a Quarterly dividend of C$0.015 which represents an annual dividend yield of 2.24%. 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 25,846,272 shares outstanding.
                What happened to Tree Island Steel’s price movement after its last earnings report?
                Tree Island Steel reported an EPS of -C$0.008 in its last earnings report. Following the earnings report the stock price went up 3.524%.
                  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.

                    Tree Island Steel (TSL) Earnings & Revenues

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