TMX GROUP LTD (X.CA) Fundamental Analysis & Valuation
TSX:X • CA87262K1057
Current stock price
54.09 CAD
-0.47 (-0.86%)
Last:
This X.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. X.CA Profitability Analysis
1.1 Basic Checks
- X had positive earnings in the past year.
- 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 (0.82%) which is comparable to the rest of the industry.
- X's Return On Equity of 8.74% is fine compared to the rest of the industry. X outperforms 62.34% of its industry peers.
- X's Return On Invested Capital of 7.77% is fine compared to the rest of the industry. X outperforms 71.43% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for X is below the industry average of 9.33%.
- The 3 year average ROIC (7.12%) for X is below the current ROIC(7.77%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 8.74% | ||
| ROIC | 7.77% |
ROA(3y)0.86%
ROA(5y)0.82%
ROE(3y)9.31%
ROE(5y)10.13%
ROIC(3y)7.12%
ROIC(5y)7%
1.3 Margins
- X has a Profit Margin of 14.23%. This is comparable to the rest of the industry: X outperforms 54.55% of its industry peers.
- X's Profit Margin has declined in the last couple of years.
- X has a worse Operating Margin (26.38%) than 70.13% of its industry peers.
- X's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 58.76%, X is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
- X's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.38% | ||
| PM (TTM) | 14.23% | ||
| GM | 58.76% |
OM growth 3Y-2.73%
OM growth 5Y-8.85%
PM growth 3Y-21.23%
PM growth 5Y-12.2%
GM growth 3Y-0.63%
GM growth 5Y-6.97%
2. X.CA Health Analysis
2.1 Basic Checks
- Compared to 1 year ago, X has about the same amount of shares outstanding.
- Compared to 5 years ago, X has less shares outstanding
- X has a better 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 has a Altman-Z score of 0.35. This is comparable to the rest of the industry: X outperforms 46.75% of its industry peers.
- The Debt to FCF ratio of X is 3.35, which is a good value as it means it would take X, 3.35 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 3.35, X is doing good in the industry, outperforming 66.23% of the companies in the same industry.
- A Debt/Equity ratio of 0.35 indicates that X is not too dependend on debt financing.
- The Debt to Equity ratio of X (0.35) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.35 | ||
| 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.
- Looking at the Current ratio, with a value of 1.00, X is doing worse than 77.92% of the companies in the same industry.
- A Quick Ratio of 1.00 indicates that X should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.00, X is doing worse than 77.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1 | ||
| Quick Ratio | 1 |
3. X.CA Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an impressive 24.71% over the past year.
- X shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.51% yearly.
- Looking at the last year, X shows a decrease in Revenue. The Revenue has decreased by -1.69% in the last year.
- X shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 23.29% yearly.
EPS 1Y (TTM)24.71%
EPS 3Y14.18%
EPS 5Y12.51%
EPS Q2Q%25%
Revenue 1Y (TTM)-1.69%
Revenue growth 3Y16.16%
Revenue growth 5Y23.29%
Sales Q2Q%16.4%
3.2 Future
- The Earnings Per Share is expected to grow by 11.74% on average over the next years. This is quite good.
- The Revenue is expected to grow by 8.13% on average over the next years. This is quite good.
EPS Next Y10.78%
EPS Next 2Y10.36%
EPS Next 3Y11.74%
EPS Next 5YN/A
Revenue Next Year10.5%
Revenue Next 2Y8.26%
Revenue Next 3Y8.13%
Revenue Next 5YN/A
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same 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. X.CA Valuation Analysis
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 25.51, the valuation of X can be described as expensive.
- 77.92% of the companies in the same industry are cheaper than X, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.42. X is around the same levels.
- A Price/Forward Earnings ratio of 23.03 indicates a rather expensive valuation of X.
- The rest of the industry has a similar Price/Forward Earnings ratio as X.
- X is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.29, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.51 | ||
| Fwd PE | 23.03 |
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.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of X indicates a somewhat cheap valuation: X is cheaper than 71.43% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.28 | ||
| EV/EBITDA | 17.3 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)2.37
PEG (5Y)2.04
EPS Next 2Y10.36%
EPS Next 3Y11.74%
5. X.CA Dividend Analysis
5.1 Amount
- X has a Yearly Dividend Yield of 1.88%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.80, X pays a bit more dividend than its industry peers.
- X's Dividend Yield is comparable with the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
5.2 History
- The dividend of X is nicely growing with an annual growth rate of 9.02%!
- X has paid a dividend for at least 10 years, which is a reliable track record.
- X has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.02%
Div Incr Years10
Div Non Decr Years22
5.3 Sustainability
- X pays out 56.19% 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.
DP56.19%
EPS Next 2Y10.36%
EPS Next 3Y11.74%
X.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:X (4/24/2026, 7:00:00 PM)
54.09
-0.47 (-0.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)02-05 2026-02-05/amc
Earnings (Next)05-04 2026-05-04
Inst Owners56.88%
Inst Owner ChangeN/A
Ins Owners1.15%
Ins Owner ChangeN/A
Market Cap14.99B
Revenue(TTM)2.92B
Net Income(TTM)415.70M
Analysts80
Price Target63.37 (17.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.88% |
Yearly Dividend0.84
Dividend Growth(5Y)9.02%
DP56.19%
Div Incr Years10
Div Non Decr Years22
Ex-Date02-20 2026-02-20 (0.24)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.76%
Min EPS beat(2)5.49%
Max EPS beat(2)8.02%
EPS beat(4)3
Avg EPS beat(4)3.78%
Min EPS beat(4)-1.64%
Max EPS beat(4)8.02%
EPS beat(8)6
Avg EPS beat(8)3.01%
EPS beat(12)8
Avg EPS beat(12)2%
EPS beat(16)10
Avg EPS beat(16)1.71%
Revenue beat(2)2
Avg Revenue beat(2)1.1%
Min Revenue beat(2)1.05%
Max Revenue beat(2)1.16%
Revenue beat(4)3
Avg Revenue beat(4)0.71%
Min Revenue beat(4)-0.57%
Max Revenue beat(4)1.2%
Revenue beat(8)5
Avg Revenue beat(8)0.43%
Revenue beat(12)7
Avg Revenue beat(12)11.94%
Revenue beat(16)11
Avg Revenue beat(16)25.31%
PT rev (1m)1.43%
PT rev (3m)-0.8%
EPS NQ rev (1m)5.86%
EPS NQ rev (3m)10.32%
EPS NY rev (1m)0%
EPS NY rev (3m)1.24%
Revenue NQ rev (1m)3.26%
Revenue NQ rev (3m)8.34%
Revenue NY rev (1m)0.63%
Revenue NY rev (3m)3.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.51 | ||
| Fwd PE | 23.03 | ||
| P/S | 5.13 | ||
| P/FCF | 23.28 | ||
| P/OCF | 19.59 | ||
| P/B | 3.15 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.3 |
EPS(TTM)2.12
EY3.92%
EPS(NY)2.35
Fwd EY4.34%
FCF(TTM)2.32
FCFY4.29%
OCF(TTM)2.76
OCFY5.1%
SpS10.55
BVpS17.17
TBVpS-9.25
PEG (NY)2.37
PEG (5Y)2.04
Graham Number28.6209 (-47.09%)
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 8.74% | ||
| ROCE | 10.14% | ||
| ROIC | 7.77% | ||
| ROICexc | 8.33% | ||
| ROICexgc | N/A | ||
| OM | 26.38% | ||
| PM (TTM) | 14.23% | ||
| GM | 58.76% | ||
| FCFM | 22.02% |
ROA(3y)0.86%
ROA(5y)0.82%
ROE(3y)9.31%
ROE(5y)10.13%
ROIC(3y)7.12%
ROIC(5y)7%
ROICexc(3y)7.62%
ROICexc(5y)7.52%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)9.3%
ROCE(5y)9.16%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y3.77%
ROICexc growth 5Y5.65%
OM growth 3Y-2.73%
OM growth 5Y-8.85%
PM growth 3Y-21.23%
PM growth 5Y-12.2%
GM growth 3Y-0.63%
GM growth 5Y-6.97%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 3.35 | ||
| Debt/EBITDA | 1.73 | ||
| Cap/Depr | 67.07% | ||
| Cap/Sales | 4.15% | ||
| Interest Coverage | 8.58 | ||
| Cash Conversion | 80.36% | ||
| Profit Quality | 154.82% | ||
| Current Ratio | 1 | ||
| Quick Ratio | 1 | ||
| Altman-Z | 0.35 |
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)56.51%
Cap/Depr(5y)54.78%
Cap/Sales(3y)2.96%
Cap/Sales(5y)3.32%
Profit Quality(3y)132.71%
Profit Quality(5y)117.13%
High Growth Momentum
Growth
EPS 1Y (TTM)24.71%
EPS 3Y14.18%
EPS 5Y12.51%
EPS Q2Q%25%
EPS Next Y10.78%
EPS Next 2Y10.36%
EPS Next 3Y11.74%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.69%
Revenue growth 3Y16.16%
Revenue growth 5Y23.29%
Sales Q2Q%16.4%
Revenue Next Year10.5%
Revenue Next 2Y8.26%
Revenue Next 3Y8.13%
Revenue Next 5YN/A
EBIT growth 1Y20.04%
EBIT growth 3Y13%
EBIT growth 5Y12.39%
EBIT Next Year24.52%
EBIT Next 3Y15.48%
EBIT Next 5YN/A
FCF growth 1Y17.08%
FCF growth 3Y17.95%
FCF growth 5Y13.28%
OCF growth 1Y22.68%
OCF growth 3Y19.86%
OCF growth 5Y13.16%
TMX GROUP LTD / X.CA Fundamental Analysis 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 for X stock?
ChartMill assigns a valuation rating of 2 / 10 to TMX GROUP LTD (X.CA). This can be considered as Overvalued.
Can you provide the profitability details for TMX GROUP LTD?
TMX GROUP LTD (X.CA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for X stock?
The Price/Earnings (PE) ratio for TMX GROUP LTD (X.CA) is 25.51 and the Price/Book (PB) ratio is 3.15.
Can you provide the expected EPS growth for X stock?
The Earnings per Share (EPS) of TMX GROUP LTD (X.CA) is expected to grow by 10.78% in the next year.