Yes, using Faraday + Ampère, and being a bit careful couting the number of turns involved.
\$ \displaystyle \mathcal{E} \ = \ -\frac{\mathrm{d}\Phi}{\mathrm{d}t} \$
The coil has N turns and you can approach the flux by A·B, so:
\$ \displaystyle \mathcal{E} \ = \ -N\cdot A\cdot \frac{\mathrm{d}B}{\mathrm{d}t} \$
Now use Ampère's law for the current of the wire you are measuring, assuming the wire passes along the center
of the ring and generates a perfectly radial magnetic field. Integrating along the center of the toroid:
\$ \oint B \,\mathrm{d}\mathcal{l} \ = \ \mu_0\cdot I\$
\$ \mathcal{l} \cdot B \ = \ \mu_0\cdot I \quad \Rightarrow \quad B \ = \ \frac{\mu_0 I}{\mathcal{l}} \$
Introduce B into Faraday above, and you get the formula:
\$ \displaystyle \mathcal{E} \ = \ -\frac{\mu_0\cdot N\cdot A}{\mathcal{l}} \cdot \frac{\mathrm{d}I}{\mathrm{d}t} \$
Edit: added missing `dl´ in the path integral. Spotted by den. Thanks
.