Tree Island Steel Ltd.

Tree Island Steel Ltd.

TWIRF
Tree Island Steel Ltd.US flagOther OTC
1.57
USD
- -
- -
40.62MMarket Cap
Tree Island Steel Ltd.
TWIRF
(Other OTC)

Recent

price

1.57

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.7
13.13
13.31
12.63
6.32
7.43
7.44
7.66
8
6.9
7.5
10.61
12.66
9.16
8.48
6.73
6.21
Revenue per Share
-0.99
-1.13
0.94
-0.05
0.03
0.52
0.44
-0.05
0.09
-0.18
0.18
3.09
1.17
0.27
-0.16
-0.21
-0.25
Basic EPS, GAAP
0.13
-0.64
0.34
-0.15
-0.28
0.02
0.23
0.28
-0.42
0.83
0.76
-0.01
1.47
0.65
-0.12
-0.08
0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.01
0.06
0.08
0.08
0.08
0.08
0.16
1.41
0.18
0.12
0.08
0.06
Dividend per Share
2.35
1.28
2.27
1.95
1.42
1.86
2.21
2
2.01
1.69
1.79
4.66
4.53
4.7
4.48
4.18
4.15
Book Value per Share
2.35
1.28
2.27
1.95
1.42
1.86
2.21
2
2.01
1.69
1.79
4.66
4.53
4.7
4.48
4.18
4.15
Tangible Book Value per Share
11
11
11
12
29
31
31
31
29
29
29
28
28
28
26
25
26
Basic Weighted Avg Shares
132
150
146
153
184
231
231
235
235
200
216
302
360
255
221
171
161
Sales/Revenue/Turnover
-4.23
-1.3
0.35
2.81
2.67
6.09
7.79
1.83
3.91
1
5.51
17.31
14.04
6.56
-0.76
-1.58
-2.24
Operating Margin (%)
6
3
3
3
3
3
3
3
3
6
6
6
5
5
5
6
5
Depreciation Expense
-11
-13
10
-1
1
16
14
-2
3
-5
5
88
33
8
-4
-5
-6
Net Income, GAAP
- -
- -
4.23
- -
30.59
- -
9.55
1,229.66
45.56
- -
28.5
22.48
25.12
34.41
- -
- -
- -
Effective Tax Rate (%)
-8.47
-8.57
7.09
-0.43
0.53
6.98
5.87
-0.7
1.1
-2.59
2.38
29.14
9.21
2.96
-1.85
-3.12
-4.03
Profit Margin (%)
26
24
25
29
31
41
48
35
82
59
52
101
89
86
78
62
62
Working Capital
36
43
30
28
13
22
18
15
66
82
67
35
24
23
26
23
23
LT Debt
27
15
25
28
44
58
69
59
59
49
51
133
128
127
117
108
107
Total Equity
- -
- -
0.67
- -
4.15
- -
14.15
-41.93
4.16
- -
6.56
25.71
21.91
7.2
- -
- -
- -
Return on Invested Capital (%)
- -
- -
24.02
- -
4.27
- -
13.88
-29.89
3.69
- -
6.35
60.7
21.29
5.71
- -
- -
22.11
Return on Capital (%)
-33.86
-61.99
52.19
-2.47
2.72
31.69
21.47
-2.56
4.4
-9.68
10.29
95.78
25.4
5.91
-3.36
-4.74
-5.73
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
7
3
5
LT Borrowings
- -
- -
- -
LT Finance Leases
24
23
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
26
26
26
Market Capitalization
69
69
67

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
90
81
89
Cash, Cash Equivalents & STI
3
1
2
Accounts Receivable, Net
23
17
26
Inventories
57
54
52
Total Current Liabilities
21
18
27
Payables & Accruals
14
16
22
ST Debt
7
3
5
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.21%
28.04%
-7.03%
Free Cash Flow
-1,572.48%
-3,322.25%
-38.9%
Net Income, GAAP
46.53%
270.13%
30.01%
Sales/Revenue/Turnover
-1.15%
-1.23%
-22.74%
Total Cash Common Dividend
124.07%
143.17%
-38.96%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
61
58
55
48
221
2025
53
44
39
34
171
2026
43
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
-0.07
-0.13
-0.16
2025
- -
- -
-0.08
-0.13
-0.21
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.03
0.03
0.12
2025
0.03
0.02
0.01
0.02
0.08
2026
0.02
- -
- -
- -
- -
Business
Tree Island Steel Ltd. operates as a manufacturer and supplier of steel wire and fabricated wire products across North America. Established in 1964 and headquartered in Richmond, British Columbia, the company serves industrial, residential, commercial, and agricultural sectors. Its product portfolio includes galvanized wire, bright wire, stainless steel wire, a broad range of fasteners such as packaged, collated, and bulk nails; stucco reinforcing products marketed under the K-Lath® brand; concrete reinforcing mesh; and various fencing and fabricated wire products sold under notable brands including Tree Island®, Halsteel®, TI Wire®, Tough Strand®, and ToughPanel™. The industrial segment produces both high-carbon and low-carbon galvanized steel wire, while the agricultural segment focuses on tensile fencing, barbed wire, and galvanized wire for farming, ranching, and vineyards. In the last two years, Tree Island Steel has executed significant strategic operational changes, including the permanent closure of its Etiwanda, California operations with a redistribution of higher-performing equipment to other facilities to improve efficiency and cost structure. The company recently renewed its normal course issuer bid program enabling it to repurchase up to 5% of its outstanding common shares, reflecting confidence in the underlying value of the business. Financially, Tree Island Steel navigated market uncertainty marked by slower customer demand, pricing pressures, and challenges from updated US steel and aluminum tariffs affecting exports. The company continues to leverage operational capabilities across Canada and the US to sustain performance amid these conditions. Tree Island Steel's geographic operations span manufacturing and distribution facilities in Canada and the United States, targeting customers in industrial manufacturing, residential and commercial construction, and agricultural industries. Its manufacturing expertise includes hot-dip galvanizing and engineered structural reinforcement products designed to reduce installation times and enhance durability. The company’s robust logistics capability supports wide distribution, emphasizing service quality and product reliability in North American markets. Tree Island Steel Ltd. remains a key player in the steel wire products industry, combining a diversified product lineup with recent strategic initiatives to optimize operations and shareholder value in a challenging economic environment. The company's focus on premium quality steel wire products and long-standing market presence since 1964 underpin its business profile. This description incorporates up-to-date operational, product, and strategic information about Tree Island Steel Ltd. up to late 2025.

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