(TD) Toronto Dominion Bank - Overview
Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 180.934m USD | Total Return: 71.3% in 12m
Avg Turnover: 155M
EPS Trend: -14.8%
Qual. Beats: 0
Rev. Trend: 78.0%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20
The Toronto-Dominion Bank (TD) is a global financial institution operating across four primary segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Founded in 1855, the bank provides a comprehensive suite of services including retail deposits, commercial lending, credit cards, and capital markets advisory.
As a member of the Canadian Big Five banks, TD benefits from a highly concentrated domestic banking sector characterized by high barriers to entry and stringent regulatory oversight. Its business model emphasizes a significant retail footprint in the United States, where it maintains more branches than it does in Canada, diversifying its geographic revenue streams.
Investors can further analyze the banks historical valuation trends and dividend sustainability on ValueRay.
- U.S. anti-money laundering regulatory fines and compliance costs impact capital reserves
- Net interest margin sensitivity to Federal Reserve and Bank of Canada rate pivots
- U.S. retail expansion strategy faces headwinds from blocked acquisitions and regulatory scrutiny
- Canadian residential mortgage performance amid elevated household debt and higher interest rates
- Wholesale banking revenue volatility driven by capital markets activity and advisory fees
| Net Income: 21.8b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.41 > 1.0 |
| NWC/Revenue: -1.43k% < 20% (prev -1.11k%; Δ -317.4% < -1%) |
| CFO/TA 0.01 > 3% & CFO 16.3b > Net Income 21.8b |
| Net Debt (269b) to EBITDA (27.6b): 9.73 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.24b) vs 12m ago -29.38% < -2% |
| Gross Margin: 51.07% > 18% (prev 0.44%; Δ 5.06k% > 0.5%) |
| Asset Turnover: 5.44% > 50% (prev 5.74%; Δ -0.30% > 0%) |
| Interest Coverage Ratio: 0.50 > 6 (EBITDA TTM 27.6b / Interest Expense TTM 51.5b) |
| A: -0.77 (Total Current Assets 12.0b - Total Current Liabilities 1641b) / Total Assets 2103b |
| B: 0.04 (Retained Earnings 78.4b / Total Assets 2103b) |
| C: 0.01 (EBIT TTM 25.6b / Avg Total Assets 2098b) |
| D: 0.06 (Book Value of Equity 114b / Total Liabilities 1977b) |
| Altman-Z'' = -4.82 = D |
| DSRI: 0.12 (Receivables 5.66b/51.1b, Revenue 114b/120b) |
| GMI: 0.86 (GM 51.07% / 44.17%) |
| AQI: 1.16 (AQ_t 0.99 / AQ_t-1 0.85) |
| SGI: 0.95 (Revenue 114b / 120b) |
| TATA: 0.00 (NI 21.8b - CFO 16.3b) / TA 2103b) |
| Beneish M = -3.81 (Cap -4..+1) = AAA |
As of May 24, 2026, the stock is trading at USD 111.11 with a total of 715,115 shares traded.
Over the past week, the price has changed by +3.93%,
over one month by +6.51%,
over three months by +17.67% and
over the past year by +71.31%.
Toronto Dominion Bank has received a consensus analysts rating of 3.94. Therefore, it is recommended to buy TD.
- StrongBuy: 7
- Buy: 2
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 98.1 | -11.7% |
P/E Trailing = 12.0167
P/E Forward = 15.5521
P/S = 2.7423
P/B = 2.146
P/EG = 1.0058
Revenue TTM = 114b CAD
EBIT TTM = 25.6b CAD
EBITDA TTM = 27.6b CAD
Long Term Debt = 226b CAD (from longTermDebt, last quarter)
Short Term Debt = 225b CAD (from shortTermDebt, last quarter)
Debt = 275b CAD (from shortLongTermDebtTotal, last quarter) + Leases 5.25b
Net Debt = 269b CAD (calculated: Debt 275b - CCE 6.30b)
Enterprise Value = 517b CAD (249b + Debt 275b - CCE 6.30b)
Interest Coverage Ratio = 0.50 (Ebit TTM 25.6b / Interest Expense TTM 51.5b)
EV/FCF = 36.61x (Enterprise Value 517b / FCF TTM 14.1b)
FCF Yield = 2.73% (FCF TTM 14.1b / Enterprise Value 517b)
FCF Margin = 12.39% (FCF TTM 14.1b / Revenue TTM 114b)
Net Margin = 19.11% (Net Income TTM 21.8b / Revenue TTM 114b)
Gross Margin = 51.07% ((Revenue TTM 114b - Cost of Revenue TTM 55.8b) / Revenue TTM)
Gross Margin QoQ = 53.92% (prev 51.83%)
Tobins Q-Ratio = 0.25 (Enterprise Value 517b / Total Assets 2103b)
Interest Expense / Debt = 18.73% (Interest Expense 51.5b / Debt 275b)
Taxrate = 21.81% (1.13b / 5.18b)
NOPAT = 20.0b (EBIT 25.6b * (1 - 21.81%))
Current Ratio = 0.01 (Total Current Assets 12.0b / Total Current Liabilities 1641b)
Debt / Equity = 2.19 (Debt 275b / totalStockholderEquity, last quarter 126b)
Debt / EBITDA = 9.73 (Net Debt 269b / EBITDA 27.6b)
Debt / FCF = 19.01 (Net Debt 269b / FCF TTM 14.1b)
Total Stockholder Equity = 126b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.04% (Net Income 21.8b / Total Assets 2103b)
RoE = 17.26% (Net Income TTM 21.8b / Total Stockholder Equity 126b)
RoCE = 7.28% (EBIT 25.6b / Capital Employed (Equity 126b + L.T.Debt 226b))
RoIC = 0.95% (NOPAT 20.0b / Invested Capital 2103b)
WACC = 11.51% (E(249b)/V(524b) * Re(8.05%) + D(275b)/V(524b) * Rd(18.73%) * (1-Tc(0.22)))
Discount Rate = 8.05% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -89.89 | Cagr: -15.54%
[DCF] Terminal Value 62.28% ; FCFF base≈17.5b ; Y1≈15.4b ; Y5≈12.4b
[DCF] Fair Price = N/A (negative equity: EV 131b - Net Debt 269b = -137b; debt exceeds intrinsic value)
EPS Correlation: -14.81 | EPS CAGR: -0.74% | SUE: 0.72 | # QB: 0
Revenue Correlation: 78.00 | Revenue CAGR: 10.75% | SUE: 0.62 | # QB: 0
EPS current Quarter (2026-07-31): EPS=2.42 | Chg30d=+0.28% | Revisions=-14% | Analysts=9
EPS current Year (2026-10-31): EPS=9.46 | Chg30d=+0.20% | Revisions=+40% | GrowthEPS=+13.0% | GrowthRev=+6.5%
EPS next Year (2027-10-31): EPS=10.41 | Chg30d=+0.41% | Revisions=+11% | GrowthEPS=+10.0% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: +40%