Tree Island Steel Ltd.TSL.TO

$2.37+0.00 (+0.00%)
TSXBasic Materials24:00 UTC

Company snapshot

Market Cap
$61M
Micro-cap
-50%
2016 — today
10-Year Price
-40%
2016 — today
52-Week Range
$2.24$3.11
Current $2.37· 15%

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.

Valuation in context

P/E ratio
-9.3
N/A
Not meaningful — company is unprofitable
P/B ratio
0.6
Near historic low
Near historic low — last 10 years
EV / EBITDA
65.7
Near historic high
Near historic highs — last 10 years
Dividend Yield
1.9%
Historically low
Historically low relative to the last 10 years
FCF Yield
-0.2%
Below average
Below the 10-year average
Free · No credit card needed

Get alerted when TSL.TO is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.