TD Stock Analysis: Toronto Dominion Bank | NYSE
Banks - Diversified | NYSE, USA | Market Cap: 192.500m USD | 12M Return: 50% | CA8911605092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 215M
EPS Trend: -50.1%
Qual. Beats: 1
Rev. Trend: 39.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Toronto-Dominion Bank (TD) is a Canadian-headquartered diversified financial institution founded in 1855 and listed on the NYSE under the ticker TD. It operates across Canada, the United States, and internationally through four reporting segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking.
Its business model spans the full range of retail and institutional financial services, including personal and commercial deposits, consumer and auto lending, credit cards and merchant payment solutions, wealth and asset management, property and casualty and life and health insurance, and capital markets and investment banking services such as underwriting, M&A advisory, and trading. TD is one of the members of Canadas Big Six banks, a concentrated group that dominates the countrys retail and commercial banking market, and its significant U.S. retail footprint distinguishes it from most domestic peers.
- U.S. AML consent order caps retail bank asset growth
- Net interest margin compresses as Bank of Canada cuts rates
- Canadian mortgage credit losses rise with unemployment uptick
| Net Income: 16.2b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.27 > 1.0 |
| NWC/Revenue: -201.4% < 20% (prev -1.12k%; Δ 921.7% < -1%) |
| CFO/TA 0.01 > 3% & CFO 31.2b > Net Income 16.2b |
| Net Debt (297b) to EBITDA (22.2b): 13.35 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.18b) vs 12m ago -31.48% < -2% |
| Gross Margin: 54.20% > 18% (prev 47.17%; Δ 7.03% > 0.5%) |
| Asset Turnover: 5.42% > 50% (prev 5.78%; Δ -0.36% > 0%) |
| Interest Coverage Ratio: 0.42 > 6 (EBIT TTM 20.2b / Interest Expense TTM 47.6b) |
| A: -0.11 (Total Current Assets 12.4b - Total Current Liabilities 239b) / Total Assets 2113b |
| B: 0.04 (Retained Earnings 78.9b / Total Assets 2113b) |
| C: 0.01 (EBIT TTM 20.2b / Avg Total Assets 2074b) |
| D: 0.06 (Book Value of Equity 127b / Total Liabilities 1986b) |
| Altman-Z'' = -0.45 = B |
| DSRI: 0.13 (Receivables 5.59b/43.3b, Revenue 113b/118b) |
| GMI: 0.87 (GM 47.17% / 54.20%) |
| AQI: 1.16 (AQ_t 0.99 / AQ_t-1 0.85) |
| SGI: 0.96 (Revenue 113b / 118b) |
| TATA: -0.01 (NI 16.2b - CFO 31.2b) / TA 2113b) |
| Beneish M = -3.79 (Cap -4..+1) = AAA |
As of October 10, 2026, the stock is trading at USD 115.10 with a total of 837,420 shares traded. Over the past week, the price has changed by -1.66%, over one month by -2.70%, over three months by -2.55% and over the past year by +49.97%.
Current recommended Stop Loss: 112.10 (which is 2.6% or 1.4 ATR below the current price).
Toronto Dominion Bank has received a consensus analysts rating of 3.79. Therefore, it is recommended to hold TD.
- StrongBuy: 4
- Buy: 5
- Hold: 3
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 119.5 | 3.8% |
Market Cap CAD = 274b (193b USD * 1.4254 USD.CAD)
P/E Trailing = 17.9422
P/E Forward = 15.0602
P/S = 3.165
P/B = 2.4056
P/EG = 1.0058
Revenue TTM = 113b CAD
EBIT TTM = 20.2b CAD
EBITDA TTM = 22.2b CAD
Long Term Debt = 224b CAD (from longTermDebt, last quarter)
Short Term Debt = 239b CAD (from shortTermDebt, last quarter)
Debt = 303b CAD (from shortLongTermDebtTotal, last quarter) + Leases 5.35b
Net Debt = 297b CAD (calculated: Debt 303b - CCE 6.82b)
Enterprise Value = 571b CAD (274b + Debt 303b - CCE 6.82b)
Interest Coverage Ratio = 0.42 (Ebit TTM 20.2b / Interest Expense TTM 47.6b)
EV/FCF = 24.28x (Enterprise Value 571b / FCF TTM 23.5b)
FCF Yield = 4.12% (FCF TTM 23.5b / Enterprise Value 571b)
FCF Margin = 20.90% (FCF TTM 23.5b / Revenue TTM 113b)
Net Margin = 14.40% (Net Income TTM 16.2b / Revenue TTM 113b)
Gross Margin = 54.20% ((Revenue TTM 113b - Cost of Revenue TTM 51.5b) / Revenue TTM)
Gross Margin QoQ = 55.97% (prev 55.15%)
Tobins Q-Ratio = 0.27 (Enterprise Value 571b / Total Assets 2113b)
Interest Expense / Debt = 15.69% (Interest Expense 47.6b / Debt 303b)
Taxrate = 19.64% (3.96b / 20.2b)
NOPAT = 16.2b (EBIT 20.2b * (1 - 19.64%))
Current Ratio = 0.05 (Total Current Assets 12.4b / Total Current Liabilities 239b)
Debt / Equity = 2.39 (Debt 303b / totalStockholderEquity, last quarter 127b)
Debt / EBITDA = 13.35 (Net Debt 297b / EBITDA 22.2b)
Debt / FCF = 12.61 (Net Debt 297b / FCF TTM 23.5b)
Total Stockholder Equity = 126b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.78% (Net Income 16.2b / Total Assets 2113b)
RoE = 12.83% (Net Income TTM 16.2b / Total Stockholder Equity 126b)
RoCE = 5.75% (EBIT 20.2b / Capital Employed (Equity 126b + L.T.Debt 224b))
RoIC = 0.77% (NOPAT 16.2b / Invested Capital 2107b)
WACC = 10.40% (E(274b)/V(578b) * Re(7.97%) + D(303b)/V(578b) * Rd(15.69%) * (1-Tc(0.20)))
Discount Rate = 7.97% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -70.48 | Cagr: -16.43%
[DCF] Terminal Value 71.62% ; FCFF base≈21.0b ; Y1≈24.1b ; Y5≈35.4b
[DCF] Fair Price = 57.92 (EV 391b - Net Debt 297b = Equity 94.6b / Shares 1.63b; r=10.40% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -50.05 | EPS CAGR: -1.79% | SUE: 0.99 | # QB: 1
Revenue Correlation: 39.18 | Revenue CAGR: 2.05% | SUE: 0.59 | # QB: 0
EPS current Quarter (2027-01-31): EPS=2.73 | Chg30d=+4.02% | Revisions=+62% | Analysts=8
EPS current Year (2026-10-31): EPS=10.12 | Chg30d=+0.04% | Revisions=+80% | GrowthEPS=+20.9% | GrowthRev=+8.5%
EPS next Year (2027-10-31): EPS=11.20 | Chg30d=+0.19% | Revisions=+80% | GrowthEPS=+10.7% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: +91% (up=29, down=0)