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TORONTO-DOMINION BANK - TD 3.242 PERP (TD-PF-E.CA) Stock Fundamental Analysis

TSX:TD-PF-E - Toronto Stock Exchange - CA8911456173 - Currency: CAD

24.84  0 (0%)

Fundamental Rating

3

Overall TD-PF-E gets a fundamental rating of 3 out of 10. We evaluated TD-PF-E against 30 industry peers in the Banks industry. TD-PF-E has a bad profitability rating. Also its financial health evaluation is rather negative. TD-PF-E has a decent growth rate and is not valued too expensively.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

In the past year TD-PF-E was profitable.
In the past year TD-PF-E had a positive cash flow from operations.
TD-PF-E had positive earnings in each of the past 5 years.
Of the past 5 years TD-PF-E 4 years had a positive operating cash flow.
TD-PF-E.CA Yearly Net Income VS EBIT VS OCF VS FCFTD-PF-E.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

TD-PF-E has a Return On Assets of 0.40%. This is in the lower half of the industry: TD-PF-E underperforms 76.67% of its industry peers.
TD-PF-E has a worse Return On Equity (6.95%) than 66.67% of its industry peers.
Industry RankSector Rank
ROA 0.4%
ROE 6.95%
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-E.CA Yearly ROA, ROE, ROICTD-PF-E.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

TD-PF-E has a worse Profit Margin (14.37%) than 76.67% of its industry peers.
TD-PF-E's Profit Margin has declined in the last couple of years.
TD-PF-E does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 14.37%
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-E.CA Yearly Profit, Operating, Gross MarginsTD-PF-E.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

2

2. Health

2.1 Basic Checks

TD-PF-E does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TD-PF-E has been reduced compared to 1 year ago.
TD-PF-E has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TD-PF-E has a worse debt to assets ratio.
TD-PF-E.CA Yearly Shares OutstandingTD-PF-E.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
TD-PF-E.CA Yearly Total Debt VS Total AssetsTD-PF-E.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

The Debt to FCF ratio of TD-PF-E is 11.47, which is on the high side as it means it would take TD-PF-E, 11.47 years of fcf income to pay off all of its debts.
TD-PF-E has a Debt to FCF ratio (11.47) which is comparable to the rest of the industry.
TD-PF-E has a Debt/Equity ratio of 2.17. This is a high value indicating a heavy dependency on external financing.
TD-PF-E's Debt to Equity ratio of 2.17 is fine compared to the rest of the industry. TD-PF-E outperforms 70.00% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.17
Debt/FCF 11.47
Altman-Z N/A
ROIC/WACCN/A
WACC18.02%
TD-PF-E.CA Yearly LT Debt VS Equity VS FCFTD-PF-E.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-E.CA Yearly Current Assets VS Current LiabilitesTD-PF-E.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B 250B

4

3. Growth

3.1 Past

The earnings per share for TD-PF-E have decreased by -1.27% in the last year.
TD-PF-E shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.11% yearly.
The Revenue has grown by 12.89% in the past year. This is quite good.
TD-PF-E shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.86% yearly.
EPS 1Y (TTM)-1.27%
EPS 3Y-0.47%
EPS 5Y3.11%
EPS Q2Q%-3.43%
Revenue 1Y (TTM)12.89%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%1.03%

3.2 Future

TD-PF-E is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.17% yearly.
TD-PF-E is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.13% yearly.
EPS Next Y2.56%
EPS Next 2Y6.22%
EPS Next 3Y6.17%
EPS Next 5YN/A
Revenue Next Year7.64%
Revenue Next 2Y5.76%
Revenue Next 3Y4.88%
Revenue Next 5Y4.13%

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better 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.
TD-PF-E.CA Yearly Revenue VS EstimatesTD-PF-E.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-E.CA Yearly EPS VS EstimatesTD-PF-E.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8

5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 3.20, which indicates a rather cheap valuation of TD-PF-E.
Compared to the rest of the industry, the Price/Earnings ratio of TD-PF-E is on the same level as its industry peers.
TD-PF-E's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.20.
The Price/Forward Earnings ratio is 2.82, which indicates a rather cheap valuation of TD-PF-E.
TD-PF-E's Price/Forward Earnings ratio is in line with the industry average.
TD-PF-E is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.13, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.2
Fwd PE 2.82
TD-PF-E.CA Price Earnings VS Forward Price EarningsTD-PF-E.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

The rest of the industry has a similar Price/Free Cash Flow ratio as TD-PF-E.
Industry RankSector Rank
P/FCF 1.91
EV/EBITDA N/A
TD-PF-E.CA Per share dataTD-PF-E.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

TD-PF-E's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.25
PEG (5Y)1.03
EPS Next 2Y6.22%
EPS Next 3Y6.17%

6

5. Dividend

5.1 Amount

TD-PF-E has a Yearly Dividend Yield of 4.61%, which is a nice return.
Compared to an average industry Dividend Yield of 4.19, TD-PF-E pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.40, TD-PF-E pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.61%

5.2 History

The dividend of TD-PF-E is nicely growing with an annual growth rate of 7.39%!
TD-PF-E has been paying a dividend for at least 10 years, so it has a reliable track record.
TD-PF-E has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)7.39%
Div Incr Years0
Div Non Decr Years3
TD-PF-E.CA Yearly Dividends per shareTD-PF-E.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

87.13% of the earnings are spent on dividend by TD-PF-E. This is not a sustainable payout ratio.
TD-PF-E's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP87.13%
EPS Next 2Y6.22%
EPS Next 3Y6.17%
TD-PF-E.CA Yearly Income VS Free CF VS DividendTD-PF-E.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-E.CA Dividend Payout.TD-PF-E.CA Dividend Payout, showing the Payout Ratio.TD-PF-E.CA Dividend Payout.PayoutRetained Earnings

TORONTO-DOMINION BANK - TD 3.242 PERP

TSX:TD-PF-E (5/28/2025, 7:00:00 PM)

24.84

0 (0%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)05-22 2025-05-22/bmo
Earnings (Next)08-28 2025-08-28/bmo
Inst Owners55.01%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap43.12B
Analysts76.52
Price Target26.2 (5.48%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.61%
Yearly Dividend4.04
Dividend Growth(5Y)7.39%
DP87.13%
Div Incr Years0
Div Non Decr Years3
Ex-Date04-10 2025-04-10 (0.202625)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-4.04%
Min EPS beat(2)-8.09%
Max EPS beat(2)0%
EPS beat(4)2
Avg EPS beat(4)-1.2%
Min EPS beat(4)-8.09%
Max EPS beat(4)6.92%
EPS beat(8)3
Avg EPS beat(8)-2.87%
EPS beat(12)5
Avg EPS beat(12)-1.7%
EPS beat(16)7
Avg EPS beat(16)-0.38%
Revenue beat(2)1
Avg Revenue beat(2)7.25%
Min Revenue beat(2)-1.12%
Max Revenue beat(2)15.62%
Revenue beat(4)3
Avg Revenue beat(4)6.6%
Min Revenue beat(4)-1.12%
Max Revenue beat(4)15.62%
Revenue beat(8)6
Avg Revenue beat(8)4.8%
Revenue beat(12)8
Avg Revenue beat(12)4.87%
Revenue beat(16)11
Avg Revenue beat(16)3.73%
PT rev (1m)0%
PT rev (3m)1.26%
EPS NQ rev (1m)-1.93%
EPS NQ rev (3m)-6.62%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.53%
Revenue NQ rev (1m)-1.1%
Revenue NQ rev (3m)-0.91%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)1.86%
Valuation
Industry RankSector Rank
PE 3.2
Fwd PE 2.82
P/S 0.75
P/FCF 1.91
P/OCF 1.74
P/B 0.36
P/tB 0.45
EV/EBITDA N/A
EPS(TTM)7.76
EY31.24%
EPS(NY)8.81
Fwd EY35.47%
FCF(TTM)13
FCFY52.34%
OCF(TTM)14.27
OCFY57.45%
SpS33.16
BVpS68.56
TBVpS55.45
PEG (NY)1.25
PEG (5Y)1.03
Profitability
Industry RankSector Rank
ROA 0.4%
ROE 6.95%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 14.37%
GM N/A
FCFM 39.21%
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-Score5
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 2.17
Debt/FCF 11.47
Debt/EBITDA N/A
Cap/Depr 106.94%
Cap/Sales 3.83%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 272.78%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
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)-1.27%
EPS 3Y-0.47%
EPS 5Y3.11%
EPS Q2Q%-3.43%
EPS Next Y2.56%
EPS Next 2Y6.22%
EPS Next 3Y6.17%
EPS Next 5YN/A
Revenue 1Y (TTM)12.89%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%1.03%
Revenue Next Year7.64%
Revenue Next 2Y5.76%
Revenue Next 3Y4.88%
Revenue Next 5Y4.13%
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 1Y64.29%
FCF growth 3Y2.5%
FCF growth 5YN/A
OCF growth 1Y62.32%
OCF growth 3Y3.1%
OCF growth 5Y189.32%