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Tree Island Steel Ltd. (TSL.TO)

CAD2.26 +0.01 (+0.44%)
CA TSX Industrials Manufacturing - Metal Fabrication
Address 3933 Boundary Road V6V 1T8
Richmond, BC, CA
CEO Amardeip Singh Doman
IPO 2003-10-09
ISIN CA89467Q2009

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Also trades on Other OTC · TWIRF (USD) Toronto Stock Exchange · TSL.TO (CAD)
Description

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.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD2.26 +0.01 (+0.44%)
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Volume Profile
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Liquidity & share structure
Average Volume
3.2K
Beta
0.43
Float Shares
9.28M
Free Float %
35.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.95% -1.95% -1.18% -3.83% -7.04% -14.92% -0.40% -24.62% -36.62% -22.53% -87.14%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.26
DCF (Unlevered) 9.45 +318.2%
DCF (Levered) 2.61 +15.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 2 0
Buy 3 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.11
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Manufacturing - Metal Fabrication: +10.4%
    -17.5% Q1'26: -23.9% (vs Q1'25)
  • EPS growth Manufacturing - Metal Fabrication: +16.7%
    -40.0% Q1'26: -45,300.0% (vs Q1'25)
  • FCF margin FCF growth · Manufacturing - Metal Fabrication: +40.8%
    -0.7% Q1'26: -1.9% (vs Q1'25)
  • EBIT margin Manufacturing - Metal Fabrication: +8.3%
    -1.6% Q1'26: -0.7% (vs Q1'25)
  • ROIC Manufacturing - Metal Fabrication: +6.2%
    -2.0% Q1'26: -0.8% (vs Q1'25)
  • Share dilution Manufacturing - Metal Fabrication: +0.0%
    -1.9% Q1'26: -0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Manufacturing - Metal Fabrication: 0.46×
    9.05× Q1'26: 6.30× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.48) × ERP
WACC = 72% × Ke + 28% × Kd (9.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.39 Current price: 2.26
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2021
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
153.44M
est: 152.80M (+0.4%)
183.94M
est: 187.94M (-2.1%)
231.27M
est: 230.50M (+0.3%)
231.25M
est: 233.65M (-1.0%)
234.71M
est: 228.64M (+2.7%)
235.31M
est: 253.00M (-7.0%)
200.41M
est: 287.00M (-30.2%)
301.85M
est: 212.12M (+42.3%)
206.99M
est: 233.65M (-11.4%)
170.83M
est: 228.64M (-25.3%)
228.64M
228.64M – 228.64M
+0.0% YoY
253.00M
253.00M – 253.00M
+10.7% YoY
287.00M
287.00M – 287.00M
+13.4% YoY
177.80M
177.80M – 177.80M
-38.0% YoY
EBITDA
8.04M
est: 22.29M (-63.9%)
7.73M
est: -4.06M (+290.5%)
18.06M
est: 2.50M (+622.8%)
21.07M
est: 15.27M (+38.0%)
6.40M
est: 16.98M (-62.3%)
11.67M
est: 2.03M (+474.8%)
5.67M
est: 41.86M (-86.5%)
121.85M
est: 31.10M (+291.9%)
4.81M
est: 31.06M (-84.5%)
2.83M
est: 30.39M (-90.7%)
30.39M
30.39M – 30.39M
+0.0% YoY
33.63M
33.63M – 33.63M
+10.7% YoY
38.15M
38.15M – 38.15M
+13.4% YoY
23.63M
23.63M – 23.63M
-38.0% YoY
EBIT
5.14M
est: 18.93M (-72.8%)
4.91M
est: 6.40M (-23.3%)
14.90M
est: 6.11M (+143.9%)
17.71M
est: 14.24M (+24.3%)
3.11M
est: 17.63M (-82.3%)
8.17M
est: 4.75M (+72.1%)
-559.0K
est: 35.55M (-101.6%)
116.00M
est: 26.41M (+339.3%)
-663.0K
est: 25.71M (-102.6%)
-2.69M
est: 25.16M (-110.7%)
25.16M
25.16M – 25.16M
+0.0% YoY
27.84M
27.84M – 27.84M
+10.7% YoY
31.59M
31.59M – 31.59M
+13.4% YoY
19.57M
19.57M – 19.57M
-38.0% YoY
Net Income
-655.0K
est: -1.60M (+59.2%)
978.0K
est: -861.0K (+213.6%)
16.15M
est: 1.22M (+1,226.3%)
13.57M
est: 16.32M (-16.9%)
-1.64M
est: 13.27M (-112.3%)
2.59M
est: -1.81M (+243.1%)
-5.19M
est: 264.8K (-2,060.0%)
87.97M
-3.91M
est: 7.79M (-150.2%)
-5.33M
est: -605.9K (-779.4%)
-605.9K
-605.9K – -605.9K
+0.0% YoY
5.71M
5.71M – 5.71M
+1,042.9% YoY
259.7K
259.7K – 259.7K
-95.5% YoY
7.79M
7.79M – 7.79M
+2,900.0% YoY
SGA
12.98M
est: 8.62M (+50.7%)
14.42M
est: 15.99M (-9.9%)
18.03M
est: 17.94M (+0.5%)
19.39M
est: 18.22M (+6.4%)
13.90M
est: 18.96M (-26.7%)
16.65M
est: 15.38M (+8.2%)
15.76M
est: 16.19M (-2.6%)
16.37M
est: 12.02M (+36.1%)
13.47M
est: 13.48M (0.0%)
12.14M
est: 13.19M (-7.9%)
13.19M
13.19M – 13.19M
+0.0% YoY
14.59M
14.59M – 14.59M
+10.7% YoY
16.56M
16.56M – 16.56M
+13.4% YoY
10.26M
10.26M – 10.26M
-38.0% YoY
EPS
-0.05
est: -0.06 (+11.2%)
0.03
est: 0.05 (-36.4%)
0.52
est: 0.41 (+27.9%)
0.44
est: 0.46 (-4.9%)
-0.05
est: -0.02 (-129.3%)
0.09
est: 0.22 (-59.9%)
-0.18
est: 0.01 (-1,900.0%)
3.09
-0.15
est: 0.30 (-150.0%)
-0.21
est: -0.02 (-800.0%)
-0.02
-0.02 – -0.02
+0.0% YoY
0.22
0.22 – 0.22
+1,042.9% YoY
0.01
0.01 – 0.01
-95.5% YoY
0.30
0.30 – 0.30
+2,900.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-15 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-14 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-13 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-12 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-11 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-01 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-17.02M
OE per share TTM
-0.66
Owner's Yield
-25.76%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
28.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-6.4K
Shares Outstanding
25.88M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Nancy Davies Chief Operating Officer 316.6K female
Brian Liu Vice President of Finance & Chief Financial Officer 222.0K male
Dean Patterson General Manager of Sales & Marketing 205.5K male
Amardeip Singh Doman Executive Chairman of the Board 112.5K male
Ali Mahdavi Head of Investor Relations
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits