TORONTO-DOMINION BANK - TD 4.97 PERP (TD-PF-A.CA) Stock Fundamental Analysis
TSX:TD-PF-A - Toronto Stock Exchange - CA8911456900 - Currency: CAD
We assign a fundamental rating of 4 out of 10 to TD-PF-A. TD-PF-A was compared to 31 industry peers in the Banks industry. TD-PF-A may be in some trouble as it scores bad on both profitability and health. TD-PF-A is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
TD-PF-A had positive earnings in the past year.
TD-PF-A had a positive operating cash flow in the past year.
Each year in the past 5 years TD-PF-A has been profitable.
TD-PF-A had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TD-PF-A has a Return On Assets of 0.40%. This is amonst the worse of the industry: TD-PF-A underperforms 80.65% of its industry peers.
TD-PF-A's Return On Equity of 7.22% is on the low side compared to the rest of the industry. TD-PF-A is outperformed by 74.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.4% | ||
| ROE | 7.22% | ||
| ROIC | N/A |
ROA(3y)0.6%
ROA(5y)0.66%
ROE(3y)10.54%
ROE(5y)11.57%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TD-PF-A has a Profit Margin of 14.53%. This is amonst the worse of the industry: TD-PF-A underperforms 80.65% of its industry peers.
In the last couple of years the Profit Margin of TD-PF-A has declined.
TD-PF-A does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 14.53% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-23.85%
PM growth 5Y-12.17%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
TD-PF-A does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TD-PF-A has been reduced compared to 1 year ago.
The number of shares outstanding for TD-PF-A has been reduced compared to 5 years ago.
TD-PF-A has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of TD-PF-A is 4.89, which is a neutral value as it means it would take TD-PF-A, 4.89 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.89, TD-PF-A belongs to the top of the industry, outperforming 90.32% of the companies in the same industry.
TD-PF-A has a Debt/Equity ratio of 2.24. This is a high value indicating a heavy dependency on external financing.
TD-PF-A has a Debt to Equity ratio of 2.24. This is in the better half of the industry: TD-PF-A outperforms 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 4.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.03%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for TD-PF-A have decreased by -2.25% in the last year.
TD-PF-A shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.11% yearly.
TD-PF-A shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.33%.
Measured over the past years, TD-PF-A shows a small growth in Revenue. The Revenue has been growing by 6.86% on average per year.
EPS 1Y (TTM)-2.25%
EPS 3Y-0.47%
EPS 5Y3.11%
EPS Q2Q%-6.01%
Revenue 1Y (TTM)13.33%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%17.66%
3.2 Future
The Earnings Per Share is expected to grow by 6.85% on average over the next years.
Based on estimates for the next years, TD-PF-A will show a small growth in Revenue. The Revenue will grow by 2.93% on average per year.
EPS Next Y3.11%
EPS Next 2Y5.82%
EPS Next 3Y6.85%
EPS Next 5YN/A
Revenue Next Year5.68%
Revenue Next 2Y5.19%
Revenue Next 3Y4.6%
Revenue Next 5Y2.93%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.17, which indicates a rather cheap valuation of TD-PF-A.
TD-PF-A's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 29.63. TD-PF-A is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 3.07 indicates a rather cheap valuation of TD-PF-A.
TD-PF-A's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.68. TD-PF-A is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.17 | ||
| Fwd PE | 3.07 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TD-PF-A is valued cheaply inside the industry as 87.10% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.82 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TD-PF-A's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.02
PEG (5Y)1.02
EPS Next 2Y5.82%
EPS Next 3Y6.85%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.80%, TD-PF-A is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.02, TD-PF-A pays a better dividend. On top of this TD-PF-A pays more dividend than 83.87% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.27, TD-PF-A pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
5.2 History
On average, the dividend of TD-PF-A grows each year by 7.39%, which is quite nice.
TD-PF-A has been paying a dividend for at least 10 years, so it has a reliable track record.
TD-PF-A has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.39%
Div Incr Years0
Div Non Decr Years4
5.3 Sustainability
TD-PF-A pays out 86.10% of its income as dividend. This is not a sustainable payout ratio.
TD-PF-A's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP86.1%
EPS Next 2Y5.82%
EPS Next 3Y6.85%
TORONTO-DOMINION BANK - TD 4.97 PERP
TSX:TD-PF-A (2/21/2025, 7:00:00 PM)
24.72
+0.09 (+0.37%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners55.01%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap43.27B
Analysts74.78
Price Target25.93 (4.89%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
Yearly Dividend4.04
Dividend Growth(5Y)7.39%
DP86.1%
Div Incr Years0
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-5.86%
Min EPS beat(2)-8.09%
Max EPS beat(2)-3.63%
EPS beat(4)2
Avg EPS beat(4)-0.56%
Min EPS beat(4)-8.09%
Max EPS beat(4)6.92%
EPS beat(8)2
Avg EPS beat(8)-3.06%
EPS beat(12)4
Avg EPS beat(12)-1.79%
EPS beat(16)7
Avg EPS beat(16)0.83%
Revenue beat(2)2
Avg Revenue beat(2)10.53%
Min Revenue beat(2)5.43%
Max Revenue beat(2)15.62%
Revenue beat(4)4
Avg Revenue beat(4)8.36%
Min Revenue beat(4)5.43%
Max Revenue beat(4)15.62%
Revenue beat(8)6
Avg Revenue beat(8)4.42%
Revenue beat(12)9
Avg Revenue beat(12)5.06%
Revenue beat(16)12
Avg Revenue beat(16)4.07%
PT rev (1m)-0.83%
PT rev (3m)2.91%
EPS NQ rev (1m)-1.43%
EPS NQ rev (3m)-5.8%
EPS NY rev (1m)-2.14%
EPS NY rev (3m)-3.22%
Revenue NQ rev (1m)1.96%
Revenue NQ rev (3m)-3.17%
Revenue NY rev (1m)2.55%
Revenue NY rev (3m)2.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.17 | ||
| Fwd PE | 3.07 | ||
| P/S | 0.76 | ||
| P/FCF | 0.82 | ||
| P/OCF | 0.79 | ||
| P/B | 0.38 | ||
| P/tB | 0.46 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.81
EY31.59%
EPS(NY)8.05
Fwd EY32.58%
FCF(TTM)30.14
FCFY121.93%
OCF(TTM)31.38
OCFY126.96%
SpS32.69
BVpS65.79
TBVpS53.28
PEG (NY)1.02
PEG (5Y)1.02
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.4% | ||
| ROE | 7.22% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 14.53% | ||
| GM | N/A | ||
| FCFM | 92.2% |
ROA(3y)0.6%
ROA(5y)0.66%
ROE(3y)10.54%
ROE(5y)11.57%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-23.85%
PM growth 5Y-12.17%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 4.89 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 107.4% | ||
| Cap/Sales | 3.8% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 634.44% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC18.03%
ROIC/WACCN/A
Cap/Depr(3y)95.41%
Cap/Depr(5y)84.59%
Cap/Sales(3y)3.47%
Cap/Sales(5y)3.42%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2.25%
EPS 3Y-0.47%
EPS 5Y3.11%
EPS Q2Q%-6.01%
EPS Next Y3.11%
EPS Next 2Y5.82%
EPS Next 3Y6.85%
EPS Next 5YN/A
Revenue 1Y (TTM)13.33%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%17.66%
Revenue Next Year5.68%
Revenue Next 2Y5.19%
Revenue Next 3Y4.6%
Revenue Next 5Y2.93%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y178.58%
FCF growth 3Y2.5%
FCF growth 5YN/A
OCF growth 1Y184.13%
OCF growth 3Y3.1%
OCF growth 5Y189.32%