TD Stock Analysis: Toronto Dominion Bank | NYSE
Banks - Diversified | NYSE, USA | Market Cap: 193.538m USD | 12M Return: 63.2% | CA8911605092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 234M
EPS Trend: -45.1%
Qual. Beats: 0
Rev. Trend: 65.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 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.
Toronto-Dominion Bank (TD) is a Canadian-headquartered diversified financial services company operating through four main segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its offerings span retail deposits and consumer lending, business and commercial banking, credit cards, wealth and asset management, insurance, and capital markets and investment banking services. The company serves customers across Canada, the United States, and international markets, and was founded in 1855.
As a GICS-classified Diversified Bank within the Financials sector, TD operates under the Canadian four-pillar banking model, which permits banks to engage in retail, commercial, wealth management, and capital markets activities through a single corporate entity. With a large-cap market capitalization of approximately $195 billion USD, TD is one of Canadas major banks and distinguishes itself from peers through its significant U.S. retail footprint, which forms a core part of its growth strategy outside its domestic Canadian franchise.
- U.S. retail expansion stalled by AML consent order penalties
- Canadian net interest margins compress on Bank of Canada rate cuts
- Wealth management fees decline amid equity market corrections
| Net Income: 14.9b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.78 > 1.0 |
| NWC/Revenue: -1.45k% < 20% (prev -1.08k%; Δ -372.3% < -1%) |
| CFO/TA 0.01 > 3% & CFO 15.4b > Net Income 14.9b |
| Net Debt (274b) to EBITDA (20.5b): 13.32 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.23b) vs 12m ago -29.65% < -2% |
| Gross Margin: 52.82% > 18% (prev 45.29%; Δ 7.53% > 0.5%) |
| Asset Turnover: 5.43% > 50% (prev 5.78%; Δ -0.35% > 0%) |
| Interest Coverage Ratio: 0.38 > 6 (EBIT TTM 18.5b / Interest Expense TTM 49.1b) |
| A: -0.78 (Total Current Assets 12.4b - Total Current Liabilities 1643b) / Total Assets 2085b |
| B: 0.04 (Retained Earnings 78.3b / Total Assets 2085b) |
| C: 0.01 (EBIT TTM 18.5b / Avg Total Assets 2075b) |
| D: 0.06 (Book Value of Equity 124b / Total Liabilities 1961b) |
| Altman-Z'' = -4.88 = D |
| DSRI: 0.10 (Receivables 5.32b/55.5b, Revenue 113b/119b) |
| GMI: 0.86 (GM 45.29% / 52.82%) |
| AQI: 1.18 (AQ_t 0.99 / AQ_t-1 0.84) |
| SGI: 0.94 (Revenue 113b / 119b) |
| TATA: -0.00 (NI 14.9b - CFO 15.4b) / TA 2085b) |
| Beneish M = -3.83 (Cap -4..+1) = AAA |
As of August 25, 2026, the stock is trading at USD 116.55 with a total of 1,163,815 shares traded. Over the past week, the price has changed by -6.27%, over one month by -2.70%, over three months by +4.23% and over the past year by +63.19%.
Current recommended Stop Loss: 113.50 (which is 2.6% or 1.4 ATR below the current price).
Toronto Dominion Bank has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy TD.
- StrongBuy: 5
- Buy: 5
- Hold: 2
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 120.8 | 3.7% |
Market Cap CAD = 267b (194b USD * 1.3784 USD.CAD)
P/E Trailing = 19.1109
P/E Forward = 14.9477
P/S = 3.2703
P/B = 2.381
P/EG = 1.0058
Revenue TTM = 113b CAD
EBIT TTM = 18.5b CAD
EBITDA TTM = 20.5b CAD
Long Term Debt = 223b CAD (from longTermDebt, last quarter)
Short Term Debt = 229b CAD (from shortTermDebt, last quarter)
Debt = 281b CAD (from shortLongTermDebtTotal, last quarter) + Leases 5.29b
Net Debt = 274b CAD (calculated: Debt 281b - CCE 7.10b)
Enterprise Value = 540b CAD (267b + Debt 281b - CCE 7.10b)
Interest Coverage Ratio = 0.38 (Ebit TTM 18.5b / Interest Expense TTM 49.1b)
EV/FCF = 41.47x (Enterprise Value 540b / FCF TTM 13.0b)
FCF Yield = 2.41% (FCF TTM 13.0b / Enterprise Value 540b)
FCF Margin = 11.57% (FCF TTM 13.0b / Revenue TTM 113b)
Net Margin = 13.24% (Net Income TTM 14.9b / Revenue TTM 113b)
Gross Margin = 52.82% ((Revenue TTM 113b - Cost of Revenue TTM 53.1b) / Revenue TTM)
Gross Margin QoQ = 55.15% (prev 53.92%)
Tobins Q-Ratio = 0.26 (Enterprise Value 540b / Total Assets 2085b)
Interest Expense / Debt = 17.50% (Interest Expense 49.1b / Debt 281b)
Taxrate = 19.58% (3.63b / 18.5b)
NOPAT = 14.9b (EBIT 18.5b * (1 - 19.58%))
Current Ratio = 0.01 (Total Current Assets 12.4b / Total Current Liabilities 1643b)
Debt / Equity = 2.26 (Debt 281b / totalStockholderEquity, last quarter 124b)
Debt / EBITDA = 13.32 (Net Debt 274b / EBITDA 20.5b)
Debt / FCF = 21.00 (Net Debt 274b / FCF TTM 13.0b)
Total Stockholder Equity = 126b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.72% (Net Income 14.9b / Total Assets 2085b)
RoE = 11.85% (Net Income TTM 14.9b / Total Stockholder Equity 126b)
RoCE = 5.32% (EBIT 18.5b / Capital Employed (Equity 126b + L.T.Debt 223b))
RoIC = 0.72% (NOPAT 14.9b / Invested Capital 2079b)
WACC = 11.13% (E(267b)/V(548b) * Re(8.03%) + D(281b)/V(548b) * Rd(17.50%) * (1-Tc(0.20)))
Discount Rate = 8.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -75.05 | Cagr: -15.25%
[DCF] Terminal Value 63.48% ; FCFF base≈19.4b ; Y1≈17.0b ; Y5≈13.8b
[DCF] Fair Price = N/A (negative equity: EV 152b - Net Debt 274b = -122b; debt exceeds intrinsic value)
EPS Correlation: -45.13 | EPS CAGR: -1.34% | SUE: 0.44 | # QB: 0
Revenue Correlation: 64.95 | Revenue CAGR: 5.54% | SUE: 0.55 | # QB: 0
EPS current Quarter (2026-07-31): EPS=2.47 | Chg30d=N/A | Revisions=-25% | Analysts=11
EPS current Year (2026-10-31): EPS=9.78 | Chg30d=N/A | Revisions=+81% | GrowthEPS=+16.9% | GrowthRev=+8.2%
EPS next Year (2027-10-31): EPS=11.08 | Chg30d=N/A | Revisions=+40% | GrowthEPS=+13.3% | GrowthRev=+4.9%
[Analyst] Revisions Ratio: +74% (up=15, down=1)