Today, we have picked 7 industrial stocks of Canada that have registered high capital expenditures, decent asset turnover ratios (i.e. efficient use of assets by management) during their trailing twelve month period. Moreover, these stocks are expected to report high ROE (>10%) for fiscal year 2014. During the past one month, majority of the stocks have registered price gains with daily average trading volumes in excess of 100,000.
|
Company Name |
Ticker |
Exchange |
Market Cap |
Last Price |
Average Volume |
Price Change (1-Month) |
Trailing Twelve Months Capex (C$ Mn) |
Asset Turnover |
ROE 2014(E) |
|
Progressive Waste Solutions Ltd |
BIN |
TSX |
3,994.4 |
34.68 |
473,748 |
-0.3% |
-234.5 |
0.59 |
10.4% |
|
CAE Inc |
CAE |
TSX |
3,960.9 |
14.93 |
1,052,121 |
1.6% |
-178.4 |
0.53 |
13.0% |
|
Toromont Industries Ltd |
TIH |
TSX |
2,125.6 |
27.58 |
182,736 |
-2.2% |
-106.3 |
1.55 |
20.2% |
|
Finning International Inc |
FTT |
TSX |
4,059.3 |
23.55 |
1,026,079 |
-16.1% |
-100.3 |
1.33 |
15.6% |
|
TransForce Inc |
TFI |
TSX |
2,992.1 |
29.11 |
486,047 |
1.6% |
-75.4 |
1.39 |
17.5% |
|
Celestica Inc |
CLS |
TSX |
2,323.7 |
13.24 |
930,728 |
6.6% |
-55.8 |
2.10 |
10.4% |
|
Intertape Polymer Group Inc |
ITP |
TSX |
1,141.4 |
18.89 |
379,653 |
0.2% |
-46.0 |
1.76 |
22.0% |
Source: Bloomberg
Company Description
Progressive Waste Solutions Ltd (TSX: BIN)
Progressive Waste Solutions Ltd. (BIN-T) provides non-hazardous solid waste collection and landfill disposal services for commercial, industrial and residential customers in British Columbia, Alberta, Manitoba, Ontario and Quebec. The company also serves customers in the southern and northeastern regions of the United States.
CAE Inc (TSX: CAE)
CAE, Inc. (T.CAE) provides simulation and modeling technologies and integrated training services for civil aviation and defense customers worldwide.
Toromont Industries Ltd (TSX: TIH)
Toromont Industries Ltd (T.TIH) sells, rents, and services Caterpillar construction equipment and power systems in the provinces of Ontario, Manitoba, Newfoundland, Labrador and Nunavut, Canada. The company also manufactures and distribute refrigeration and process systems throughout North America.
Finning International Inc (TSX: FTT)
Finning International Inc. (T.FTT) sells, finances, and services Caterpillar and complementary equipment. The company operates principally in Western Canada, the United Kingdom, and Chile.
TransForce Inc (TSX: TFI)
TransForce, Inc. (TFI-T) offers transportation and logistics services. The company offers less-than-truckload and parcel delivery, fleet management and personnel services, and specialized truckload and truckload delivery services.
Celestica Inc (TSX: CLS)
Celestica Inc. (CLS.TO) designs and manufactures electronic components. The company’s products and services include design, prototyping, printed circuit assembly, full system assembly, power converters, memory packages and repair services. Celestica markets its products and services to original equipment manufacturers, primarily in the computer and communications sector.
Intertape Polymer Group Inc (TSX: ITP)
Intertape Polymer Group Inc. (ITP.TO) develops, manufactures, and sells a variety of paper and film based pressure sensitive and water activated tapes, polyethylene and specialized polyolefin films, woven coated fabrics and complementary packaging systems for industrial and retail use.
