TORONTO-DOMINION BANK - TD 6.301 PERP (TD-PF-I.CA) Stock Fundamental Analysis
TSX:TD-PF-I - Toronto Stock Exchange - CA8911606405 - Currency: CAD
We assign a fundamental rating of 4 out of 10 to TD-PF-I. TD-PF-I was compared to 31 industry peers in the Banks industry. TD-PF-I may be in some trouble as it scores bad on both profitability and health. TD-PF-I has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TD-PF-I was profitable.
TD-PF-I had a positive operating cash flow in the past year.
In the past 5 years TD-PF-I has always been profitable.
Of the past 5 years TD-PF-I 4 years had a positive operating cash flow.
1.2 Ratios
TD-PF-I's Return On Assets of 0.40% is on the low side compared to the rest of the industry. TD-PF-I is outperformed by 87.10% of its industry peers.
Looking at the Return On Equity, with a value of 7.22%, TD-PF-I is doing worse than 80.65% of the companies in the same industry.
| 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
The Profit Margin of TD-PF-I (14.53%) is worse than 87.10% of its industry peers.
TD-PF-I's Profit Margin has declined in the last couple of years.
TD-PF-I 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-I does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TD-PF-I has been reduced compared to 1 year ago.
TD-PF-I has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TD-PF-I has a worse debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of TD-PF-I is 4.89, which is a neutral value as it means it would take TD-PF-I, 4.89 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 4.89, TD-PF-I belongs to the best of the industry, outperforming 83.87% of the companies in the same industry.
A Debt/Equity ratio of 2.24 is on the high side and indicates that TD-PF-I has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.24, TD-PF-I is in line with its industry, outperforming 58.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 4.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.01%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TD-PF-I shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.25%.
TD-PF-I shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.11% yearly.
The Revenue has grown by 13.33% in the past year. This is quite good.
The Revenue has been growing slightly by 6.86% on average over the past years.
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
Based on estimates for the next years, TD-PF-I will show a small growth in Earnings Per Share. The EPS will grow by 6.85% on average per year.
Based on estimates for the next years, TD-PF-I 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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
With a Price/Earnings ratio of 3.30, the valuation of TD-PF-I can be described as very cheap.
The rest of the industry has a similar Price/Earnings ratio as TD-PF-I.
TD-PF-I is valuated cheaply when we compare the Price/Earnings ratio to 29.63, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 3.20, the valuation of TD-PF-I can be described as very cheap.
TD-PF-I's Price/Forward Earnings is on the same level as the industry average.
TD-PF-I is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.68, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.3 | ||
| Fwd PE | 3.2 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, TD-PF-I is valued cheaply inside the industry as 80.65% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.86 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.06
PEG (5Y)1.06
EPS Next 2Y5.82%
EPS Next 3Y6.85%
5. Dividend
5.1 Amount
TD-PF-I has a Yearly Dividend Yield of 4.80%, which is a nice return.
Compared to an average industry Dividend Yield of 4.02, TD-PF-I pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.27, TD-PF-I pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.8% |
5.2 History
The dividend of TD-PF-I is nicely growing with an annual growth rate of 7.39%!
TD-PF-I has been paying a dividend for over 5 years, so it has already some track record.
As TD-PF-I did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.39%
Div Incr Years1
Div Non Decr Years7
5.3 Sustainability
TD-PF-I pays out 86.10% of its income as dividend. This is not a sustainable payout ratio.
The dividend of TD-PF-I is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP86.1%
EPS Next 2Y5.82%
EPS Next 3Y6.85%
TORONTO-DOMINION BANK - TD 6.301 PERP
TSX:TD-PF-I (2/21/2025, 7:00:00 PM)
25.79
-0.06 (-0.23%)
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 Cap45.14B
Analysts74.78
Price Target27.05 (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 Years1
Div Non Decr Years7
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)-7.39%
PT rev (3m)-5.51%
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 | 3.3 | ||
| Fwd PE | 3.2 | ||
| P/S | 0.79 | ||
| P/FCF | 0.86 | ||
| P/OCF | 0.82 | ||
| P/B | 0.39 | ||
| P/tB | 0.48 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.81
EY30.28%
EPS(NY)8.05
Fwd EY31.22%
FCF(TTM)30.14
FCFY116.87%
OCF(TTM)31.38
OCFY121.69%
SpS32.69
BVpS65.79
TBVpS53.28
PEG (NY)1.06
PEG (5Y)1.06
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
WACC18.01%
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%