TORONTO-DOMINION BANK - TD 3.876 PERP (TD-PF-C.CA) Stock Fundamental Analysis
TSX:TD-PF-C - Toronto Stock Exchange - CA8911456587 - Currency: CAD
Taking everything into account, TD-PF-C scores 3 out of 10 in our fundamental rating. TD-PF-C was compared to 29 industry peers in the Banks industry. TD-PF-C has a bad profitability rating. Also its financial health evaluation is rather negative. TD-PF-C is valued correctly, but it does not seem to be growing. TD-PF-C also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TD-PF-C was profitable.
TD-PF-C had a positive operating cash flow in the past year.
In the past 5 years TD-PF-C has always been profitable.
TD-PF-C had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TD-PF-C has a worse Return On Assets (0.40%) than 82.86% of its industry peers.
TD-PF-C has a worse Return On Equity (7.22%) than 74.29% 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-C's Profit Margin of 14.53% is on the low side compared to the rest of the industry. TD-PF-C is outperformed by 82.86% of its industry peers.
TD-PF-C's Profit Margin has declined in the last couple of years.
TD-PF-C 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-C does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TD-PF-C has been reduced compared to 1 year ago.
TD-PF-C has less shares outstanding than it did 5 years ago.
TD-PF-C has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of TD-PF-C is 4.89, which is a neutral value as it means it would take TD-PF-C, 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-C belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
TD-PF-C has a Debt/Equity ratio of 2.24. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of TD-PF-C (2.24) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.24 | ||
| Debt/FCF | 4.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC18.02%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
TD-PF-C shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.25%.
Measured over the past 5 years, TD-PF-C shows a small growth in Earnings Per Share. The EPS has been growing by 3.11% on average per year.
Looking at the last year, TD-PF-C shows a quite strong growth in Revenue. The Revenue has grown by 13.33% in the last year.
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
The Earnings Per Share is expected to grow by 2.64% on average over the next years.
TD-PF-C is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.93% yearly.
EPS Next Y3.34%
EPS Next 2Y5.33%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue Next Year3.06%
Revenue Next 2Y3.87%
Revenue Next 3Y1.41%
Revenue Next 5Y2.93%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 3.20, which indicates a rather cheap valuation of TD-PF-C.
TD-PF-C's Price/Earnings is on the same level as the industry average.
TD-PF-C is valuated cheaply when we compare the Price/Earnings ratio to 26.25, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 3.10 indicates a rather cheap valuation of TD-PF-C.
TD-PF-C's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of TD-PF-C to the average of the S&P500 Index (22.15), we can say TD-PF-C is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.2 | ||
| Fwd PE | 3.1 |
4.2 Price Multiples
TD-PF-C's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TD-PF-C is cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.83 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
TD-PF-C's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.96
PEG (5Y)1.03
EPS Next 2Y5.33%
EPS Next 3Y2.64%
5. Dividend
5.1 Amount
TD-PF-C has a Yearly Dividend Yield of 4.96%, which is a nice return.
Compared to an average industry Dividend Yield of 4.20, TD-PF-C pays a better dividend. On top of this TD-PF-C pays more dividend than 82.86% of the companies listed in the same industry.
TD-PF-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
5.2 History
The dividend of TD-PF-C is nicely growing with an annual growth rate of 7.39%!
TD-PF-C has paid a dividend for at least 10 years, which is a reliable track record.
TD-PF-C has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.39%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
86.10% of the earnings are spent on dividend by TD-PF-C. This is not a sustainable payout ratio.
TD-PF-C's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP86.1%
EPS Next 2Y5.33%
EPS Next 3Y2.64%
TORONTO-DOMINION BANK - TD 3.876 PERP
TSX:TD-PF-C (1/31/2025, 7:00:00 PM)
24.99
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners58.1%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap43.69B
Analysts74.78
Price Target26.15 (4.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.96% |
Yearly Dividend4.04
Dividend Growth(5Y)7.39%
DP86.1%
Div Incr Years0
Div Non Decr Years5
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)-6.52%
PT rev (3m)3.27%
EPS NQ rev (1m)-1.43%
EPS NQ rev (3m)-5.8%
EPS NY rev (1m)-1.92%
EPS NY rev (3m)-3%
Revenue NQ rev (1m)1.96%
Revenue NQ rev (3m)-3.17%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.2 | ||
| Fwd PE | 3.1 | ||
| P/S | 0.76 | ||
| P/FCF | 0.83 | ||
| P/OCF | 0.8 | ||
| P/B | 0.38 | ||
| P/tB | 0.47 | ||
| EV/EBITDA | N/A |
EPS(TTM)7.81
EY31.25%
EPS(NY)8.07
Fwd EY32.3%
FCF(TTM)30.18
FCFY120.76%
OCF(TTM)31.42
OCFY125.74%
SpS32.73
BVpS65.87
TBVpS53.35
PEG (NY)0.96
PEG (5Y)1.03
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
WACC18.02%
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 Y3.34%
EPS Next 2Y5.33%
EPS Next 3Y2.64%
EPS Next 5YN/A
Revenue 1Y (TTM)13.33%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%17.66%
Revenue Next Year3.06%
Revenue Next 2Y3.87%
Revenue Next 3Y1.41%
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%