Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Bullboard - Stock Discussion Forum Topicus.Com Inc V.TOI

Alternate Symbol(s):  TOITF

Topicus.com Inc. is a Canada-based provider of vertical market software and vertical market platforms to clients in a select group of public and private sector markets. The Company is engaged principally in the development, installation and customization of software and the provision of related professional services and support for customers across several diverse markets primarily in Europe... see more

TSXV:TOI - Post Discussion

Topicus.Com Inc > The Road Ahead
View:
Post by retiredcf on Jan 07, 2024 9:59am

The Road Ahead

TOI, as a spinout of CSU, is a serial acquirer focusing on acquiring and managing VMS companies within the European market. CSU remains to be the largest shareholder, owning just under half of the total shares outstanding. It has a strong organic sales growth rate, around 6% to 8% on average, and M&A continues to be the main route for capital deployment and value creation. Forward sales and earnings growth rates are expected to be in the low to mid-teens, and it has demonstrated an expanding ROE. It generates a good level of free cash flow, however, its current valuation is somewhat elevated. It also has a growing balance sheet. 

The long-term outlook for TOI is that it has the potential to replicate CSU's success within the European market. It has a higher organic growth profile than CSU and is much smaller, and so this gives it a long runway for growth. (5iResearch)

Be the first to comment on this post