Valuation The Toronto-Dominion Bank

Equities

Market Closed - Toronto S.E. Other stock markets 02:30:00 24/01/2026 am IST			5-day change	1st Jan Change
130.37 ^CAD	-0.15%		-0.14%	+0.78%

21/01	TD Bank Brief: Announced Overnight Redemption of 4.859% Medium Term Notes (NVCC, Subordinated Indebtedness)	MT
21/01	The Toronto-Dominion Bank Announces Redemption of 4.859% Medium Term Notes (Non-Viability Contingent Capital) (Subordinated Indebtedness)	CI

Data adjusted to current consolidation scope

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,63,522	1,58,095	1,39,586	1,34,553	1,97,415	2,18,543	-	-
Change	-	-3.32%	-11.71%	-3.61%	46.72%	10.7%	-	-
Enterprise Value (EV)	1,63,522	1,58,095	1,39,586	1,34,553	1,97,415	2,18,543	2,18,543	2,18,543
Change	-	-3.32%	-11.71%	-3.61%	46.72%	10.7%	0%	0%
P/E ratio	11.6x	9.21x	13.8x	16.3x	9.96x	14.6x	13x	-
PBR	1.74x	1.59x	1.37x	1.29x	1.67x	1.83x	1.73x	1.8x
PEG	-	0.4x	-0.3x	-1x	0x	-0.6x	1x	-
Capitalization / Revenue	4.07x	3.22x	2.69x	2.68x	3.54x	3.77x	3.62x	-
EV / Revenue	0x	0x	0x	0x	0x	3.77x	3.62x	-
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	9.11x	8.63x	9.1x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.16	3.56	3.84	4.08	4.2	4.373	4.633	4.5
Rate of return	3.52%	4.08%	4.96%	5.3%	3.65%	3.35%	3.55%	3.45%
EPS ²	7.72	9.47	5.6	4.72	11.56	8.916	10.04	-
Distribution rate	40.9%	37.6%	68.6%	86.4%	36.3%	49.1%	46.1%	-
Net sales ¹	40,138	49,032	51,839	50,142	55,721	57,924	60,366	-
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	17,229	24,673	24,409	20,994	23,166	23,979	25,328	24,014
Net income ¹	14,049	17,170	10,219	8,316	19,973	14,725	15,900	15,385
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	89.84	87.19	77.46	76.97	115.16	130.37	130.37	130.37
Nbr of stocks (in thousands)	18,20,149	18,13,220	18,02,041	17,48,117	17,14,267	16,76,327	-	-
Announcement Date	02/12/21	01/12/22	30/11/23	05/12/24	04/12/25	-	-	-

¹CAD in Million²CAD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
THE TORONTO-DOMINION BANK	14.62x	-	-	3.35%	16TCr
JPMORGAN CHASE & CO.	14.68x	-	-	1.95%	80TCr
BANK OF AMERICA CORPORATION	13.59x	-	-	2.1%	37TCr
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	5.51x	-	-	5.65%	35TCr
HSBC HOLDINGS PLC	14.22x	-	-	4.24%	29TCr
WELLS FARGO & COMPANY	13.77x	-	-	1.96%	27TCr
CHINA CONSTRUCTION BANK CORPORATION	5.28x	-	-	5.66%	26TCr
ROYAL BANK OF CANADA	15.07x	-	-	2.9%	24TCr
BANK OF CHINA LIMITED	5.44x	-	-	5.54%	23TCr
MITSUBISHI UFJ FINANCIAL GROUP, INC.	14.73x	-	-	2.64%	20TCr
Average	11.69x			3.6%	31.68TCr
Weighted average by Cap.	12.02x			3.33%