(TD) Toronto Dominion Bank - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA8911605092

Banking, Credit, Loans, Insurance, Investments

Diversified Banks
Market Cap in USD: 159,705m

IPO / Inception: 1996-08-30
12m vs SPY: 49.9%

EPS (Earnings per Share)

EPS CAGR: 1.26%
EPS Trend: -20.6%

Last SUE: 0.69
Qual. Beats: 0

Revenue

Rev. CAGR: 25.20%
Rev. Trend: 83.6%

Last SUE: 2.62
Qual. Beats: 1

Dividends

Dividend Yield	5.51%
Yield on Cost 5y	6.54%
Yield CAGR 5y	4.66%
Payout Consistency	97.8%
Payout Ratio	38.7%

Risk via 5d forecast
Volatility	17.7%
Value at Risk 5%th	28.5%
Relative Tail Risk	-2.33%

Reward TTM
Sharpe Ratio	3.58
Alpha	72.32
CAGR/Max DD	0.90

Character TTM
Hurst Exponent	0.513
Beta	0.386
Beta Downside	0.300

Drawdowns 3y
Max DD	19.90%
Mean DD	8.21%
Median DD	9.53%

Description: TD Toronto Dominion Bank December 02, 2025

The Toronto-Dominion Bank (TD) operates through four core segments-Canadian Personal & Commercial Banking, U.S. Retail, Wealth Management & Insurance, and Wholesale Banking-offering a full suite of deposit, loan, credit-card, payment, wealth-management, and insurance products to retail, business, and institutional clients across North America and beyond.

Key recent metrics: TD reported a Q4 2024 net income of $5.2 billion, with a Common Equity Tier 1 (CET1) capital ratio of 13.5 %-well above the regulatory minimum. Loan growth is being driven primarily by its U.S. retail franchise, where mortgage and consumer loan balances rose 6 % YoY, reflecting a resilient housing market and higher consumer spending. Meanwhile, the bank’s digital-banking adoption rate now exceeds 70 % of active customers, supporting lower cost-to-serve ratios and higher fee income.

For a deeper, data-rich look at how these trends translate into valuation upside, you might explore the TD profile on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.5

Net Income (20.54b TTM) > 0 and > 6% of Revenue (6% = 6.95b TTM)

FCFTA -0.03 (>2.0%) and ΔFCFTA -5.99pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1241 % (prev -1138 %; Δ -102.4pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.03 (>3.0%) and CFO -69.65b <= Net Income 20.54b (YES >=105%, WARN >=100%)

Net Debt (546.65b) to EBITDA (25.81b) ratio: 21.18 <= 3.0 (WARN <= 3.5)

Current Ratio 0.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.72b) change vs 12m ago -2.00% (target <= -2.0% for YES)

Gross Margin 49.01% (prev 43.64%; Δ 5.38pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 5.57% (prev 5.78%; Δ -0.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.43 (EBITDA TTM 25.81b / Interest Expense TTM 54.56b) >= 6 (WARN >= 3)

Altman Z'' -4.24

(A) -0.69 = (Total Current Assets 204.11b - Total Current Liabilities 1641.44b) / Total Assets 2094.56b

(B) 0.04 = Retained Earnings (Balance) 78.32b / Total Assets 2094.56b

(D) 0.06 = Book Value of Equity 115.92b / Total Liabilities 1966.73b

Total Rating: -4.24 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 39.22

1. Piotroski 3.50pt

2. FCF Yield -9.84%

3. FCF Margin -61.97%

4. Debt/Equity 5.19

5. Debt/Ebitda 21.18

6. ROIC - WACC (= 1.22)%

7. RoE 16.49%

8. Rev. Trend 83.64%

9. EPS Trend -20.63%

What is the price of TD shares?

As of January 12, 2026, the stock is trading at USD 94.28 with a total of 1,725,615 shares traded.
Over the past week, the price has changed by -1.10%, over one month by +3.51%, over three months by +20.52% and over the past year by +81.11%.

Is TD a buy, sell or hold?

Toronto Dominion Bank has received a consensus analysts rating of 3.94. Therefore, it is recommended to buy TD.

Strong Buy: 7
Buy: 2
Hold: 6
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the TD price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	90.3	-4.3%
Analysts Target Price	90.3	-4.3%
ValueRay Target Price	115.6	22.6%

TD Fundamental Data Overview January 10, 2026

Market Cap CAD = 221.77b (159.71b USD * 1.3886 USD.CAD)
P/E Trailing = 11.3046
P/E Forward = 14.5138
P/S = 2.5241
P/B = 1.8941
P/EG = 1.0362
Beta = 0.89
Revenue TTM = 115.84b CAD
EBIT TTM = 23.64b CAD
EBITDA TTM = 25.81b CAD
Long Term Debt = 47.27b CAD (from longTermDebt, last quarter)
Short Term Debt = 432.89b CAD (from shortTermDebt, last quarter)
Debt = 663.58b CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = 546.65b CAD (from netDebt column, last quarter)
Enterprise Value = 729.28b CAD (221.77b + Debt 663.58b - CCE 156.06b)
Interest Coverage Ratio = 0.43 (Ebit TTM 23.64b / Interest Expense TTM 54.56b)
EV/FCF = -10.16x (Enterprise Value 729.28b / FCF TTM -71.79b)
FCF Yield = -9.84% (FCF TTM -71.79b / Enterprise Value 729.28b)
FCF Margin = -61.97% (FCF TTM -71.79b / Revenue TTM 115.84b)
Net Margin = 17.73% (Net Income TTM 20.54b / Revenue TTM 115.84b)
Gross Margin = 49.01% ((Revenue TTM 115.84b - Cost of Revenue TTM 59.06b) / Revenue TTM)
Gross Margin QoQ = 51.83% (prev 50.56%)
Tobins Q-Ratio = 0.35 (Enterprise Value 729.28b / Total Assets 2094.56b)
Interest Expense / Debt = 1.94% (Interest Expense 12.88b / Debt 663.58b)
Taxrate = 20.04% (822.0m / 4.10b)
NOPAT = 18.91b (EBIT 23.64b * (1 - 20.04%))
Current Ratio = 0.12 (Total Current Assets 204.11b / Total Current Liabilities 1641.44b)
Debt / Equity = 5.19 (Debt 663.58b / totalStockholderEquity, last quarter 127.83b)
Debt / EBITDA = 21.18 (Net Debt 546.65b / EBITDA 25.81b)
Debt / FCF = -7.61 (negative FCF - burning cash) (Net Debt 546.65b / FCF TTM -71.79b)
Total Stockholder Equity = 124.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.99% (Net Income 20.54b / Total Assets 2094.56b)
RoE = 16.49% (Net Income TTM 20.54b / Total Stockholder Equity 124.58b)
RoCE = 13.76% (EBIT 23.64b / Capital Employed (Equity 124.58b + L.T.Debt 47.27b))
RoIC = 4.23% (NOPAT 18.91b / Invested Capital 447.42b)
WACC = 3.00% (E(221.77b)/V(885.35b) * Re(7.34%) + D(663.58b)/V(885.35b) * Rd(1.94%) * (1-Tc(0.20)))
Discount Rate = 7.34% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -2.49%
Fair Price DCF = unknown (Cash Flow -71.79b)
EPS Correlation: -20.63 | EPS CAGR: 1.26% | SUE: 0.69 | # QB: 0
Revenue Correlation: 83.64 | Revenue CAGR: 25.20% | SUE: 2.62 | # QB: 1
EPS next Quarter (2026-04-30): EPS=2.16 | Chg30d=+0.005 | Revisions Net=+7 | Analysts=12
EPS current Year (2026-10-31): EPS=9.07 | Chg30d=+0.014 | Revisions Net=+13 | Growth EPS=+8.4% | Growth Revenue=+4.0%
EPS next Year (2027-10-31): EPS=10.11 | Chg30d=+0.013 | Revisions Net=+9 | Growth EPS=+11.4% | Growth Revenue=+4.2%

Additional Sources for TD Stock

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Fund Manager Positions: Dataroma | Stockcircle