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Home CompaniesTree Island Steel Ltd.

Tree Island Steel Ltd.

Basic Materials Steel
PortfolioPortfolio WatchlistWatchlist
Company price
2.36 CAD 0.00(0%)
Last update at 2026-11-04T16:46:00Z
VOLUME
905
Market Cap
65.54M

Momentum Score

…

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforcement products. The company also provides woven and welded wires, corners, and accessories. It markets its products under the Tree Island, Halsteel, True Spec, K-Lath, TI Wire, Tough Strand, and ToughPanel brand names. The company was formerly known as Tree Island Wire Income Fund and changed its name to Tree Island Steel Ltd. in October 2012. Tree Island Steel Ltd. was founded in 1964 and is based in Richmond, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
2.35
Low
2.40
High
52 Week Price Range
2.33
Low
3.09
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Tree Island Steel Ltd. manufactures steel pipe piling and related fabricated steel products serving infrastructure, marine and energy customers. Long-term growth may be supported by public infrastructure investment, marine and coastal projects and ongoing energy and construction activity, and investors may find the company attractive for its niche manufacturing capability and direct exposure to regional foundation and piling demand.

Material risks include sensitivity to cyclical construction and energy markets, volatility in steel input prices and import competition, plus operational concentration at a limited number of facilities and limited public-market liquidity.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.36
Dividend Yield
2.39%
Revenue TTM
170.83M
Revenue Per Share
6.58
Gross Profit TTM
14.97M
Debt / Equity
0.24
ROE
-4.74%
Net Debt
24.14M
ROCE
-1.97%
Diluted EPS TTM
-0.21

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -6.44M -2.94M 11.51M 44.21M 113.48M
Net income -5.33M -3.91M 7.55M 33.11M 87.97M
Selling general administrative 12.14M 13.47M 13.59M 14.85M 16.37M
Gross profit 9.45M 11.79M 30.29M 65.33M 68.63M
Reconciled depreciation 5.52M 5.47M 5.02M 5.50M 5.84M
Ebit -2.69M -0.66M 13.32M 50.48M 52.26M
Ebitda 2.83M 4.81M 18.34M 53.57M 58.09M
Depreciation and amortization 5.52M 5.47M 5.02M 3.08M 5.83M
Operating income -2.69M -1.69M 16.70M 50.48M 52.26M
Other operating expenses 173.52M 208.68M 222.87M 290.18M 249.59M
Interest expense 2.35M 2.32M 1.82M 2.25M 2.52M
Tax provision -1.11M 0.97M 3.96M 11.11M 25.51M
Interest income 0.18M 0.12M 0.76M 1.61M 2.09M
Net interest income -2.17M -1.87M -1.82M -2.27M -2.53M
Income tax expense -1.11M 0.97M 3.96M 11.11M 25.51M
Total revenue 170.83M 206.99M 239.57M 338.43M 301.85M
Total operating expenses 12.14M 13.47M 13.59M 17.08M 16.37M
Cost of revenue 161.38M 195.21M 209.28M 273.10M 233.22M
Total other income expense net -3.75M -1.25M -5.20M -6.27M 61.22M
Net income from continuing ops -5.33M -3.91M 7.55M 33.11M 87.97M
Net income applicable to common shares - -3.91M 7.55M 33.11M 87.97M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 154.88M 168.82M 171.98M 176.33M 225.81M
Other current assets 5.83M - 4.69M 5.22M 6.79M
Total liab 46.51M 49.95M 45.10M 48.23M 93.19M
Total stockholder equity 108.37M 118.86M 126.88M 128.10M 132.62M
Deferred long term liab - - - 0.01M 0.04M
Other current liab 0.39M - 0.03M 1.43M 20.64M
Common stock 215.17M - 218.98M 222.63M 223.16M
Capital stock 215.17M 215.46M 218.98M 222.63M 223.16M
Retained earnings -106.77M -97.58M -91.02M -94.13M -88.01M
Other liab - - - 3.94M 4.25M
Other assets - - - 1.31M 1.28M
Cash 1.43M 8.70M 20.34M 14.98M 33.25M
Total current liabilities 18.44M 18.71M 16.66M 20.67M 54.28M
Current deferred revenue - - 0.81M - -
Net debt 24.14M - 3.46M 10.94M 7.77M
Short term debt 2.62M - 0.74M 2.30M 6.37M
Short long term debt 0.98M - - - -
Short long term debt total 25.57M - 23.80M 25.91M 41.02M
Other stockholder equity - - - -0.40M -13.93M
Property plant equipment - - - 65.70M 68.93M
Total current assets 80.65M 98.89M 102.52M 109.32M 155.60M
Net tangible assets - - - 128.10M 132.62M
Net receivables 19.66M 26.37M 25.42M 31.59M 38.05M
Long term debt - - - 0.00M 10.36M
Inventory 53.73M 51.95M 52.07M 57.53M 77.51M
Accounts payable 15.43M 16.50M 15.08M 16.94M 27.28M
Accumulated other comprehensive income -0.03M - -1.08M -0.40M -2.53M
Non currrent assets other 10.67M 2.62M 2.82M 1.31M 1.28M
Non current assets total 74.23M 69.92M 69.45M 67.01M 70.20M
Capital lease obligations 24.59M 26.95M 23.80M 25.91M 27.84M
Long term debt total - - - 23.62M 34.65M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -1.39M -4.77M -1.46M 57.11M
Change to liabilities - - - -10.23M 9.64M
Total cashflows from investing activities -1.89M -1.39M -4.77M -1.46M 57.11M
Net borrowings -0.45M -1.27M -2.70M -17.44M -29.72M
Total cash from financing activities -3.90M -10.15M -13.32M -60.25M -36.99M
Change to operating activities - - - 1.50M -3.30M
Net income -5.33M -3.91M 7.55M 33.11M 87.97M
Change in cash -7.27M -11.64M 5.36M -18.27M 32.01M
Begin period cash flow 8.70M 20.34M 14.98M 33.25M 1.25M
End period cash flow 1.43M 8.70M 20.34M 14.98M 33.25M
Total cash from operating activities -0.91M -1.43M 23.73M 43.38M 11.87M
Depreciation 5.52M 5.47M 5.02M 5.50M 5.84M
Other cashflows from investing activities - 0.42M 0.76M 0.00M 69.24M
Dividends paid 1.95M -3.19M -5.04M 40.09M 4.55M
Change to inventory -1.78M 0.12M 5.46M 19.98M -30.70M
Change to account receivables 6.36M -2.63M 6.70M 7.61M -13.24M
Sale purchase of stock -0.29M -3.45M -3.65M -0.53M -0.20M
Other cashflows from financing activities -2.64M -2.24M -0.88M -2.19M -2.52M
Change to netincome - - - 5.33M -61.28M
Capital expenditures 1.89M 1.81M 5.53M 1.46M 12.13M
Change in working capital -0.93M -5.75M 8.71M -0.59M -20.68M
Other non cash items 0.32M 2.37M 0.78M 5.61M -61.42M
Free cash flow -2.81M -3.24M 18.20M 41.92M -0.26M

Peer Comparison*

Sector: Basic Materials Industry: Steel

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
TSL
Tree Island Steel Ltd.		 -
-%		 2.36 - 7.03 0.38 0.60 0.52 65.85
CIA
Champion Iron Ltd		 0.01
0.28%		 1.80 14.26 11.60 1.45 1.72 1.89 6.41
LIF
Labrador Iron Ore Royalty Corp		 -0.15
0.75%		 19.86 18.27 15.48 10.85 2.85 10.99 14.02
ASTL
Algoma Steel Group Inc		 -0.23
3.08%		 7.24 - 7.02 0.32 1.34 0.69 89.64
CLCH
Clinch Resources Ltd.		 -0.02
1.80%		 1.09 - - 282.37 - 261.33 170.43

Profile*

Tree Island Steel Ltd.

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforcement products. The company also provides woven and welded wires, corners, and accessories. It markets its products under the Tree Island, Halsteel, True Spec, K-Lath, TI Wire, Tough Strand, and ToughPanel brand names. The company was formerly known as Tree Island Wire Income Fund and changed its name to Tree Island Steel Ltd. in October 2012. Tree Island Steel Ltd. was founded in 1964 and is based in Richmond, Canada.

3933 Boundary Road, Richmond, BC, Canada, V6V 1T8

800-663-0955

https://www.treeisland.com

300

Name Title Year Born
Mr. Amardeip Singh Doman Exec. Chairman NA
Mr. Remy Stachowiak Pres & COO NA
Ms. Nancy Davies CFO & VP of Fin. NA
Ali Mahdavi Head of Investor Relations NA
Mr. Dean Patterson Gen. Mang. of Sales & Marketing NA
Mr. Amardeip Singh Doman Executive Chairman of the Board NA
Mr. Brian Liu VP of Finance & CFO NA
Ms. Nancy Davies Chief Operating Officer NA
Mr. Dean Patterson General Manager of Sales & Marketing NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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