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TORONTO-DOMINION BANK - TD 6.301 PERP (TD-PF-I.CA) Stock Fundamental Analysis

TSX:TD-PF-I - Toronto Stock Exchange - CA8911606405 - Currency: CAD

26.49  +0.14 (+0.53%)

Fundamental Rating

3

Overall TD-PF-I gets a fundamental rating of 3 out of 10. We evaluated TD-PF-I against 29 industry peers in the Banks industry. TD-PF-I has a bad profitability rating. Also its financial health evaluation is rather negative. TD-PF-I has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

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

The Return On Assets of TD-PF-I (0.82%) is better than 86.21% of its industry peers.
TD-PF-I has a better Return On Equity (13.35%) than 68.97% of its industry peers.
Industry RankSector Rank
ROA 0.82%
ROE 13.35%
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-I.CA Yearly ROA, ROE, ROICTD-PF-I.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-I (25.24%) is worse than 65.52% of its industry peers.
TD-PF-I's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for TD-PF-I so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 25.24%
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-I.CA Yearly Profit, Operating, Gross MarginsTD-PF-I.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

1

2. Health

2.1 Basic Checks

TD-PF-I does not have a ROIC to compare to the WACC, probably because it is not profitable.
TD-PF-I has less shares outstanding than it did 1 year ago.
TD-PF-I has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TD-PF-I has a worse debt to assets ratio.
TD-PF-I.CA Yearly Shares OutstandingTD-PF-I.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
TD-PF-I.CA Yearly Total Debt VS Total AssetsTD-PF-I.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-I has a debt to FCF ratio of 8.50. This is a slightly negative value and a sign of low solvency as TD-PF-I would need 8.50 years to pay back of all of its debts.
TD-PF-I has a worse Debt to FCF ratio (8.50) than 68.97% of its industry peers.
A Debt/Equity ratio of 1.95 is on the high side and indicates that TD-PF-I has dependencies on debt financing.
The Debt to Equity ratio of TD-PF-I (1.95) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 1.95
Debt/FCF 8.5
Altman-Z N/A
ROIC/WACCN/A
WACC18.01%
TD-PF-I.CA Yearly LT Debt VS Equity VS FCFTD-PF-I.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-I.CA Yearly Current Assets VS Current LiabilitesTD-PF-I.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

TD-PF-I shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.27%.
Measured over the past 5 years, TD-PF-I shows a small growth in Earnings Per Share. The EPS has been growing by 3.11% on average per year.
TD-PF-I shows a strong growth in Revenue. In the last year, the Revenue has grown by 24.34%.
Measured over the past years, TD-PF-I shows a small growth in Revenue. The Revenue has been growing by 6.86% on average per year.
EPS 1Y (TTM)-1.27%
EPS 3Y-0.47%
EPS 5Y3.11%
EPS Q2Q%-3.43%
Revenue 1Y (TTM)24.34%
Revenue growth 3Y10.26%
Revenue growth 5Y6.86%
Sales Q2Q%1.03%

3.2 Future

Based on estimates for the next years, TD-PF-I will show a small growth in Earnings Per Share. The EPS will grow by 6.17% on average per year.
TD-PF-I is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.34% 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 5Y4.34%

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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TD-PF-I.CA Yearly Revenue VS EstimatesTD-PF-I.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-I.CA Yearly EPS VS EstimatesTD-PF-I.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2030 2031 2 4 6 8 10

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 3.41 indicates a rather cheap valuation of TD-PF-I.
Based on the Price/Earnings ratio, TD-PF-I is valued a bit more expensive than the industry average as 62.07% of the companies are valued more cheaply.
TD-PF-I's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.48.
A Price/Forward Earnings ratio of 3.01 indicates a rather cheap valuation of TD-PF-I.
The rest of the industry has a similar Price/Forward Earnings ratio as TD-PF-I.
TD-PF-I is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.52, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 3.41
Fwd PE 3.01
TD-PF-I.CA Price Earnings VS Forward Price EarningsTD-PF-I.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

TD-PF-I's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 1.57
EV/EBITDA N/A
TD-PF-I.CA Per share dataTD-PF-I.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60

4.3 Compensation for Growth

The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.33
PEG (5Y)1.1
EPS Next 2Y6.22%
EPS Next 3Y6.17%

6

5. Dividend

5.1 Amount

TD-PF-I has a Yearly Dividend Yield of 4.13%, which is a nice return.
TD-PF-I's Dividend Yield is comparable with the industry average which is at 4.64.
TD-PF-I's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
Industry RankSector Rank
Dividend Yield 4.13%

5.2 History

On average, the dividend of TD-PF-I grows each year by 7.39%, which is quite nice.
TD-PF-I has been paying a dividend for over 5 years, so it has already some track record.
As TD-PF-I did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.39%
Div Incr Years0
Div Non Decr Years7
TD-PF-I.CA Yearly Dividends per shareTD-PF-I.CA Yearly Dividends per shareYearly Dividends per share 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

TD-PF-I pays out 43.80% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of TD-PF-I is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.8%
EPS Next 2Y6.22%
EPS Next 3Y6.17%
TD-PF-I.CA Yearly Income VS Free CF VS DividendTD-PF-I.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-I.CA Dividend Payout.TD-PF-I.CA Dividend Payout, showing the Payout Ratio.TD-PF-I.CA Dividend Payout.PayoutRetained Earnings

TORONTO-DOMINION BANK - TD 6.301 PERP

TSX:TD-PF-I (7/17/2025, 7:00:00 PM)

26.49

+0.14 (+0.53%)

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 Owners56.8%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap45.58B
Analysts76.52
Price Target26.49 (0%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.13%
Yearly Dividend4.04
Dividend Growth(5Y)7.39%
DP43.8%
Div Incr Years0
Div Non Decr Years7
Ex-Date07-10 2025-07-10 (0.3938125)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.24%
Min EPS beat(2)0%
Max EPS beat(2)8.48%
EPS beat(4)2
Avg EPS beat(4)-0.81%
Min EPS beat(4)-8.09%
Max EPS beat(4)8.48%
EPS beat(8)4
Avg EPS beat(8)-0.69%
EPS beat(12)5
Avg EPS beat(12)-1.14%
EPS beat(16)7
Avg EPS beat(16)-0.64%
Revenue beat(2)0
Avg Revenue beat(2)-1.58%
Min Revenue beat(2)-2.05%
Max Revenue beat(2)-1.12%
Revenue beat(4)2
Avg Revenue beat(4)4.47%
Min Revenue beat(4)-2.05%
Max Revenue beat(4)15.62%
Revenue beat(8)6
Avg Revenue beat(8)4.84%
Revenue beat(12)7
Avg Revenue beat(12)4.49%
Revenue beat(16)11
Avg Revenue beat(16)3.81%
PT rev (1m)-0.16%
PT rev (3m)-3.94%
EPS NQ rev (1m)2.62%
EPS NQ rev (3m)0.99%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.09%
Revenue NQ rev (1m)-0.51%
Revenue NQ rev (3m)-0.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.35%
Valuation
Industry RankSector Rank
PE 3.41
Fwd PE 3.01
P/S 0.68
P/FCF 1.57
P/OCF 1.46
P/B 0.36
P/tB 0.44
EV/EBITDA N/A
EPS(TTM)7.76
EY29.29%
EPS(NY)8.81
Fwd EY33.26%
FCF(TTM)16.86
FCFY63.66%
OCF(TTM)18.15
OCFY68.52%
SpS38.75
BVpS73.29
TBVpS60.58
PEG (NY)1.33
PEG (5Y)1.1
Profitability
Industry RankSector Rank
ROA 0.82%
ROE 13.35%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25.24%
GM N/A
FCFM 43.51%
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-Score9
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 1.95
Debt/FCF 8.5
Debt/EBITDA N/A
Cap/Depr 105.33%
Cap/Sales 3.32%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 172.41%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score9
WACC18.01%
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)24.34%
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 5Y4.34%
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 1Y200.01%
FCF growth 3Y2.5%
FCF growth 5YN/A
OCF growth 1Y213.47%
OCF growth 3Y3.1%
OCF growth 5Y189.32%