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TORONTO-DOMINION BANK - TD 3.876 PERP (TD-PF-C.CA) Stock Fundamental Analysis

TSX:TD-PF-C - Toronto Stock Exchange - CA8911456587 - Currency: CAD

24.99  0 (0%)

Fundamental Rating

3

TD-PF-C gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 32 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 has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally TD-PF-C also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

2

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.
Each year in the past 5 years TD-PF-C has been profitable.
Of the past 5 years TD-PF-C 4 years had a positive operating cash flow.
TD-PF-C.CA Yearly Net Income VS EBIT VS OCF VS FCFTD-PF-C.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B -50B 100B 150B 200B

1.2 Ratios

Looking at the Return On Assets, with a value of 0.40%, TD-PF-C is doing worse than 82.86% of the companies in the same industry.
TD-PF-C has a worse Return On Equity (7.22%) than 74.29% of its industry peers.
Industry RankSector 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
TD-PF-C.CA Yearly ROA, ROE, ROICTD-PF-C.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

The Profit Margin of TD-PF-C (14.53%) is worse than 82.86% of its industry peers.
In the last couple of years the Profit Margin of TD-PF-C has declined.
The Operating Margin and Gross Margin are not available for TD-PF-C so they could not be analyzed.
Industry RankSector 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
TD-PF-C.CA Yearly Profit, Operating, Gross MarginsTD-PF-C.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

3

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.
Compared to 1 year ago, TD-PF-C has less shares outstanding
The number of shares outstanding for TD-PF-C has been reduced compared to 5 years ago.
TD-PF-C has a worse debt/assets ratio than last year.
TD-PF-C.CA Yearly Shares OutstandingTD-PF-C.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
TD-PF-C.CA Yearly Total Debt VS Total AssetsTD-PF-C.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500B 1T 1.5T 2T

2.2 Solvency

TD-PF-C has a debt to FCF ratio of 4.89. This is a neutral value as TD-PF-C would need 4.89 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 4.89, TD-PF-C belongs to the best 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.
Looking at the Debt to Equity ratio, with a value of 2.24, TD-PF-C is in line with its industry, outperforming 60.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.24
Debt/FCF 4.89
Altman-Z N/A
ROIC/WACCN/A
WACC18.02%
TD-PF-C.CA Yearly LT Debt VS Equity VS FCFTD-PF-C.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B -50B 100B 150B 200B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
TD-PF-C.CA Yearly Current Assets VS Current LiabilitesTD-PF-C.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B 400B

3

3. Growth

3.1 Past

The earnings per share for TD-PF-C have decreased by -2.25% in the last year.
The Earnings Per Share has been growing slightly by 3.11% on average over the past years.
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.
TD-PF-C shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.86% yearly.
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

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TD-PF-C.CA Yearly Revenue VS EstimatesTD-PF-C.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20B 40B 60B
TD-PF-C.CA Yearly EPS VS EstimatesTD-PF-C.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 3.20, the valuation of TD-PF-C can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of TD-PF-C is on the same level as its industry peers.
When comparing the Price/Earnings ratio of TD-PF-C to the average of the S&P500 Index (29.27), we can say TD-PF-C is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 3.10, the valuation of TD-PF-C can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TD-PF-C is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of TD-PF-C to the average of the S&P500 Index (96.48), we can say TD-PF-C is valued rather cheaply.
Industry RankSector Rank
PE 3.2
Fwd PE 3.1
TD-PF-C.CA Price Earnings VS Forward Price EarningsTD-PF-C.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

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 RankSector Rank
P/FCF 0.83
EV/EBITDA N/A
TD-PF-C.CA Per share dataTD-PF-C.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

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%

7

5. Dividend

5.1 Amount

TD-PF-C has a Yearly Dividend Yield of 4.96%, which is a nice return.
TD-PF-C's Dividend Yield is rather good when compared to the industry average which is at 3.98. TD-PF-C pays more dividend than 82.86% of the companies in the same industry.
TD-PF-C's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
Industry RankSector 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
TD-PF-C.CA Yearly Dividends per shareTD-PF-C.CA Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

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%
TD-PF-C.CA Yearly Income VS Free CF VS DividendTD-PF-C.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50B -50B 100B 150B 200B
TD-PF-C.CA Dividend Payout.TD-PF-C.CA Dividend Payout, showing the Payout Ratio.TD-PF-C.CA Dividend Payout.PayoutRetained Earnings

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)12-05 2024-12-05/bmo
Earnings (Next)02-27 2025-02-27/bmo
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 RankSector Rank
Dividend Yield 4.96%
Yearly Dividend4.04
Dividend Growth(5Y)7.39%
DP86.1%
Div Incr Years0
Div Non Decr Years5
Ex-Date01-10 2025-01-10 (0.24225)
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 RankSector 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 RankSector 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 RankSector 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%