TMX GROUP LTD (X.CA) Stock Fundamental Analysis
Canada - Toronto Stock Exchange - TSX:X - CA87262K1057 - Common Stock
52.03 CAD
-0.23 (-0.44%)
We assign a fundamental rating of 5 out of 10 to X. X was compared to 83 industry peers in the Capital Markets industry. X has an average financial health and profitability rating. X is quite expensive at the moment. It does show a decent growth rate. X also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
X had positive earnings in the past year.
X had a positive operating cash flow in the past year.
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
The Return On Assets of X (0.91%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 9.71%, X is in the better half of the industry, outperforming 65.85% of the companies in the same industry.
X has a Return On Invested Capital of 7.55%. This is in the better half of the industry: X outperforms 76.83% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for X is below the industry average of 10.02%.
The 3 year average ROIC (6.82%) for X is below the current ROIC(7.55%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 9.71% | ||
| ROIC | 7.55% |
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
X's Profit Margin of 15.99% is fine compared to the rest of the industry. X outperforms 63.41% of its industry peers.
X's Profit Margin has declined in the last couple of years.
The Operating Margin of X (25.96%) is worse than 60.98% of its industry peers.
In the last couple of years the Operating Margin of X has declined.
The Gross Margin of X (57.47%) is better than 73.17% of its industry peers.
X's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.96% | ||
| PM (TTM) | 15.99% | ||
| GM | 57.47% |
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
X has an Altman-Z score of 0.35. This is a bad value and indicates that X is not financially healthy and even has some risk of bankruptcy.
X's Altman-Z score of 0.35 is in line compared to the rest of the industry. X outperforms 50.00% of its industry peers.
X has a debt to FCF ratio of 3.41. This is a good value and a sign of high solvency as X would need 3.41 years to pay back of all of its debts.
The Debt to FCF ratio of X (3.41) is better than 68.29% 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 (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.41 | ||
| Altman-Z | 0.35 |
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.
X has a worse Current ratio (1.00) than 73.17% of its industry peers.
A Quick Ratio of 1.00 indicates that X should not have too much problems paying its short term obligations.
X's Quick ratio of 1.00 is on the low side compared to the rest of the industry. X is outperformed by 73.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.79% over the past year.
The earnings per share for X have been decreasing by -20.37% on average. This is quite bad
X shows a decrease in Revenue. In the last year, the revenue decreased by -6.09%.
X shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 20.71% yearly.
EPS 1Y (TTM)25.79%
EPS 3Y-37.96%
EPS 5Y-20.37%
EPS Q2Q%26.83%
Revenue 1Y (TTM)-6.09%
Revenue growth 3Y42.16%
Revenue growth 5Y20.71%
Sales Q2Q%18.32%
3.2 Future
X is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.60% yearly.
X is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 10.36% yearly.
EPS Next Y23.15%
EPS Next 2Y16.58%
EPS Next 3Y14.6%
EPS Next 5YN/A
Revenue Next Year17.48%
Revenue Next 2Y12.4%
Revenue Next 3Y10.36%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.02, the valuation of X can be described as expensive.
X's Price/Earnings ratio is a bit more expensive when compared to the industry. X is more expensive than 65.85% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.57. X is around the same levels.
A Price/Forward Earnings ratio of 22.52 indicates a rather expensive valuation of X.
The rest of the industry has a similar Price/Forward Earnings ratio as X.
The average S&P500 Price/Forward Earnings ratio is at 24.04. X is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.02 | ||
| Fwd PE | 22.52 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as X.
71.95% 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 | 22.71 | ||
| EV/EBITDA | 17.26 |
4.3 Compensation for Growth
X's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
X's earnings are expected to grow with 14.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.12
PEG (5Y)N/A
EPS Next 2Y16.58%
EPS Next 3Y14.6%
5. Dividend
5.1 Amount
X has a Yearly Dividend Yield of 1.77%.
X's Dividend Yield is a higher than the industry average which is at 1.81.
Compared to an average S&P500 Dividend Yield of 2.00, X has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
5.2 History
The dividend of X is nicely growing with an annual growth rate of 8.27%!
X has been paying a dividend for at least 10 years, so it has 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
48.98% of the earnings are spent on dividend by X. 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.
DP48.98%
EPS Next 2Y16.58%
EPS Next 3Y14.6%
TSX:X (12/24/2025, 7:00:00 PM)
52.03
-0.23 (-0.44%)
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 Cap14.48B
Revenue(TTM)2.88B
Net Income(TTM)459.80M
Analysts78.57
Price Target63.88 (22.78%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.77% |
Yearly Dividend0.75
Dividend Growth(5Y)8.27%
DP48.98%
Div Incr Years9
Div Non Decr Years21
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.37%
Min EPS beat(2)3.25%
Max EPS beat(2)5.49%
EPS beat(4)3
Avg EPS beat(4)3.85%
Min EPS beat(4)-1.64%
Max EPS beat(4)8.27%
EPS beat(8)5
Avg EPS beat(8)1.78%
EPS beat(12)7
Avg EPS beat(12)1.3%
EPS beat(16)10
Avg EPS beat(16)1.26%
Revenue beat(2)1
Avg Revenue beat(2)0.24%
Min Revenue beat(2)-0.57%
Max Revenue beat(2)1.05%
Revenue beat(4)3
Avg Revenue beat(4)1.03%
Min Revenue beat(4)-0.57%
Max Revenue beat(4)2.45%
Revenue beat(8)4
Avg Revenue beat(8)0.11%
Revenue beat(12)7
Avg Revenue beat(12)21.91%
Revenue beat(16)11
Avg Revenue beat(16)25.65%
PT rev (1m)1.62%
PT rev (3m)2.54%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)1.95%
EPS NY rev (1m)0%
EPS NY rev (3m)2.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.02 | ||
| Fwd PE | 22.52 | ||
| P/S | 5.03 | ||
| P/FCF | 22.71 | ||
| P/OCF | 20.11 | ||
| P/B | 3.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.26 |
EPS(TTM)2
EY3.84%
EPS(NY)2.31
Fwd EY4.44%
FCF(TTM)2.29
FCFY4.4%
OCF(TTM)2.59
OCFY4.97%
SpS10.34
BVpS17.01
TBVpS-9.02
PEG (NY)1.12
PEG (5Y)N/A
Graham Number27.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.91% | ||
| ROE | 9.71% | ||
| ROCE | 9.83% | ||
| ROIC | 7.55% | ||
| ROICexc | 8.18% | ||
| ROICexgc | N/A | ||
| OM | 25.96% | ||
| PM (TTM) | 15.99% | ||
| GM | 57.47% | ||
| FCFM | 22.16% |
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 | 3.41 | ||
| Debt/EBITDA | 1.77 | ||
| Cap/Depr | 46.96% | ||
| Cap/Sales | 2.87% | ||
| Interest Coverage | 7.89 | ||
| Cash Conversion | 78.06% | ||
| Profit Quality | 138.63% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.35 |
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)25.79%
EPS 3Y-37.96%
EPS 5Y-20.37%
EPS Q2Q%26.83%
EPS Next Y23.15%
EPS Next 2Y16.58%
EPS Next 3Y14.6%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.09%
Revenue growth 3Y42.16%
Revenue growth 5Y20.71%
Sales Q2Q%18.32%
Revenue Next Year17.48%
Revenue Next 2Y12.4%
Revenue Next 3Y10.36%
Revenue Next 5YN/A
EBIT growth 1Y26.42%
EBIT growth 3Y8.22%
EBIT growth 5Y10.72%
EBIT Next Year37.52%
EBIT Next 3Y17.61%
EBIT Next 5YN/A
FCF growth 1Y51.4%
FCF growth 3Y12.1%
FCF growth 5Y13.93%
OCF growth 1Y48.22%
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 3 / 10 to TMX GROUP LTD (X.CA). This can be considered as Overvalued.
How profitable is TMX GROUP LTD (X.CA) stock?
TMX GROUP LTD (X.CA) has a profitability rating of 5 / 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 7 / 10 and the dividend payout ratio is 48.98%.