TMX GROUP LTD (X.CA) Stock Fundamental Analysis
Canada - TSX:X - CA87262K1057 - Common Stock
50.55 CAD
+0.96 (+1.94%)
X gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 78 industry peers in the Capital Markets industry. Both the profitability and the financial health of X get a neutral evaluation. Nothing too spectacular is happening here. X is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year X was profitable.
In the past year X had a positive cash flow from operations.
X had positive earnings in each of the past 5 years.
In the past 5 years X always reported a positive cash flow from operatings.
1.2 Ratios
X has a Return On Assets of 0.88%. This is in the better half of the industry: X outperforms 61.04% of its industry peers.
X has a better Return On Equity (9.10%) than 63.64% of its industry peers.
X has a Return On Invested Capital of 7.28%. This is in the better half of the industry: X outperforms 76.62% of its industry peers.
X had an Average Return On Invested Capital over the past 3 years of 6.82%. This is below the industry average of 10.38%.
The 3 year average ROIC (6.82%) for X is below the current ROIC(7.28%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.1% | ||
| ROIC | 7.28% |
ROA(3y)0.91%
ROA(5y)0.81%
ROE(3y)10.93%
ROE(5y)9.94%
ROIC(3y)6.82%
ROIC(5y)6.67%
1.3 Margins
The Profit Margin of X (14.52%) is better than 64.94% of its industry peers.
In the last couple of years the Profit Margin of X has declined.
X has a Operating Margin of 24.44%. This is comparable to the rest of the industry: X outperforms 42.86% of its industry peers.
In the last couple of years the Operating Margin of X has declined.
X has a Gross Margin of 54.65%. This is in the better half of the industry: X outperforms 71.43% of its industry peers.
In the last couple of years the Gross Margin of X has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.44% | ||
| PM (TTM) | 14.52% | ||
| GM | 54.65% |
OM growth 3Y-23.88%
OM growth 5Y-8.28%
PM growth 3Y-20.89%
PM growth 5Y-5.37%
GM growth 3Y-19.68%
GM growth 5Y-6.72%
2. Health
2.1 Basic Checks
The number of shares outstanding for X has been increased compared to 1 year ago.
The number of shares outstanding for X has been reduced compared to 5 years ago.
X has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.36, we must say that X is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of X (0.36) is comparable to the rest of the industry.
The Debt to FCF ratio of X is 3.23, which is a good value as it means it would take X, 3.23 years of fcf income to pay off all of its debts.
X has a Debt to FCF ratio of 3.23. This is in the better half of the industry: X outperforms 76.62% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that X is not too dependend on debt financing.
X has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: X outperforms 51.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.23 | ||
| Altman-Z | 0.36 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
X has a Current Ratio of 1.00. This is a normal value and indicates that X is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.00, X is in line with its industry, outperforming 51.95% of the companies in the same industry.
X has a Quick Ratio of 1.00. This is a normal value and indicates that X is financially healthy and should not expect problems in meeting its short term obligations.
X has a Quick ratio (1.00) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
X shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.53%, which is quite impressive.
X shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -20.37% yearly.
The Revenue has decreased by -4.94% in the past year.
X shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.71% yearly.
EPS 1Y (TTM)23.53%
EPS 3Y-37.96%
EPS 5Y-20.37%
EPS Q2Q%20.93%
Revenue 1Y (TTM)-4.94%
Revenue growth 3Y42.16%
Revenue growth 5Y20.71%
Sales Q2Q%14.87%
3.2 Future
The Earnings Per Share is expected to grow by 14.52% on average over the next years. This is quite good.
Based on estimates for the next years, X will show a quite strong growth in Revenue. The Revenue will grow by 9.93% on average per year.
EPS Next Y20.51%
EPS Next 2Y15.82%
EPS Next 3Y14.52%
EPS Next 5YN/A
Revenue Next Year16.12%
Revenue Next 2Y11.45%
Revenue Next 3Y9.93%
Revenue Next 5YN/A
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 26.75, X can be considered very expensive at the moment.
Based on the Price/Earnings ratio, X is valued a bit more expensive than the industry average as 62.34% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.89, X is valued at the same level.
With a Price/Forward Earnings ratio of 22.17, X is valued on the expensive side.
X's Price/Forward Earnings ratio is in line with the industry average.
X is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.75 | ||
| Fwd PE | 22.17 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of X is on the same level as its industry peers.
76.62% of the companies in the same industry are more expensive than X, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.78 | ||
| EV/EBITDA | 17.6 |
4.3 Compensation for Growth
X's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of X may justify a higher PE ratio.
A more expensive valuation may be justified as X's earnings are expected to grow with 14.52% in the coming years.
PEG (NY)1.3
PEG (5Y)N/A
EPS Next 2Y15.82%
EPS Next 3Y14.52%
5. Dividend
5.1 Amount
X has a Yearly Dividend Yield of 1.78%. Purely for dividend investing, there may be better candidates out there.
X's Dividend Yield is comparable with the industry average which is at 5.43.
X's Dividend Yield is slightly below the S&P500 average, which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
5.2 History
On average, the dividend of X grows each year by 8.27%, which is quite nice.
X has paid a dividend for at least 10 years, which is a reliable track record.
X has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.27%
Div Incr Years9
Div Non Decr Years21
5.3 Sustainability
X pays out 51.37% of its income as dividend. This is a bit on the high side, but may be sustainable.
X's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP51.37%
EPS Next 2Y15.82%
EPS Next 3Y14.52%
TSX:X (10/24/2025, 7:00:00 PM)
50.55
+0.96 (+1.94%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners54.52%
Inst Owner ChangeN/A
Ins Owners1.15%
Ins Owner ChangeN/A
Market Cap14.06B
Revenue(TTM)2.91B
Net Income(TTM)422.00M
Analysts76.92
Price Target63.02 (24.67%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.78% |
Yearly Dividend0.75
Dividend Growth(5Y)8.27%
DP51.37%
Div Incr Years9
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.81%
Min EPS beat(2)-1.64%
Max EPS beat(2)3.25%
EPS beat(4)3
Avg EPS beat(4)3.29%
Min EPS beat(4)-1.64%
Max EPS beat(4)8.27%
EPS beat(8)4
Avg EPS beat(8)0.73%
EPS beat(12)6
Avg EPS beat(12)0.51%
EPS beat(16)9
Avg EPS beat(16)0.7%
Revenue beat(2)1
Avg Revenue beat(2)0.31%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)1.2%
Revenue beat(4)2
Avg Revenue beat(4)0.47%
Min Revenue beat(4)-1.18%
Max Revenue beat(4)2.45%
Revenue beat(8)3
Avg Revenue beat(8)-0.49%
Revenue beat(12)7
Avg Revenue beat(12)28.99%
Revenue beat(16)11
Avg Revenue beat(16)25.74%
PT rev (1m)1.17%
PT rev (3m)6.99%
EPS NQ rev (1m)1.09%
EPS NQ rev (3m)1.4%
EPS NY rev (1m)0%
EPS NY rev (3m)3.5%
Revenue NQ rev (1m)0.75%
Revenue NQ rev (3m)0.8%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.75 | ||
| Fwd PE | 22.17 | ||
| P/S | 4.84 | ||
| P/FCF | 21.78 | ||
| P/OCF | 19.16 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.6 |
EPS(TTM)1.89
EY3.74%
EPS(NY)2.28
Fwd EY4.51%
FCF(TTM)2.32
FCFY4.59%
OCF(TTM)2.64
OCFY5.22%
SpS10.45
BVpS16.67
TBVpS-9.29
PEG (NY)1.3
PEG (5Y)N/A
Graham Number26.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.88% | ||
| ROE | 9.1% | ||
| ROCE | 9.47% | ||
| ROIC | 7.28% | ||
| ROICexc | 7.76% | ||
| ROICexgc | N/A | ||
| OM | 24.44% | ||
| PM (TTM) | 14.52% | ||
| GM | 54.65% | ||
| FCFM | 22.22% |
ROA(3y)0.91%
ROA(5y)0.81%
ROE(3y)10.93%
ROE(5y)9.94%
ROIC(3y)6.82%
ROIC(5y)6.67%
ROICexc(3y)7.34%
ROICexc(5y)7.13%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)8.89%
ROCE(5y)8.74%
ROICexgc growth 3Y238.12%
ROICexgc growth 5Y119.32%
ROICexc growth 3Y-2.59%
ROICexc growth 5Y3.49%
OM growth 3Y-23.88%
OM growth 5Y-8.28%
PM growth 3Y-20.89%
PM growth 5Y-5.37%
GM growth 3Y-19.68%
GM growth 5Y-6.72%
F-Score6
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.23 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 51.04% | ||
| Cap/Sales | 3.03% | ||
| Interest Coverage | 7.52 | ||
| Cash Conversion | 83.13% | ||
| Profit Quality | 153.01% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.36 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)49.36%
Cap/Depr(5y)58.08%
Cap/Sales(3y)2.5%
Cap/Sales(5y)3.8%
Profit Quality(3y)105.19%
Profit Quality(5y)110.84%
High Growth Momentum
Growth
EPS 1Y (TTM)23.53%
EPS 3Y-37.96%
EPS 5Y-20.37%
EPS Q2Q%20.93%
EPS Next Y20.51%
EPS Next 2Y15.82%
EPS Next 3Y14.52%
EPS Next 5YN/A
Revenue 1Y (TTM)-4.94%
Revenue growth 3Y42.16%
Revenue growth 5Y20.71%
Sales Q2Q%14.87%
Revenue Next Year16.12%
Revenue Next 2Y11.45%
Revenue Next 3Y9.93%
Revenue Next 5YN/A
EBIT growth 1Y26.75%
EBIT growth 3Y8.22%
EBIT growth 5Y10.72%
EBIT Next Year35.8%
EBIT Next 3Y16.61%
EBIT Next 5YN/A
FCF growth 1Y51.68%
FCF growth 3Y12.1%
FCF growth 5Y13.93%
OCF growth 1Y52%
OCF growth 3Y12.2%
OCF growth 5Y12.63%
TMX GROUP LTD / X.CA FAQ
Can you provide the ChartMill fundamental rating for TMX GROUP LTD?
ChartMill assigns a fundamental rating of 5 / 10 to X.CA.
What is the valuation status of TMX GROUP LTD (X.CA) stock?
ChartMill assigns a valuation rating of 4 / 10 to TMX GROUP LTD (X.CA). This can be considered as Fairly Valued.
How profitable is TMX GROUP LTD (X.CA) stock?
TMX GROUP LTD (X.CA) has a profitability rating of 6 / 10.
Can you provide the financial health for X stock?
The financial health rating of TMX GROUP LTD (X.CA) is 4 / 10.
How sustainable is the dividend of TMX GROUP LTD (X.CA) stock?
The dividend rating of TMX GROUP LTD (X.CA) is 6 / 10 and the dividend payout ratio is 51.37%.