TD Stock Analysis: Toronto Dominion Bank | NYSE
Banks - Diversified | NYSE, USA | Market Cap: 200.439m USD | 12M Return: 58.1% | CA8911605092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 202M
EPS Trend: -50.1%
Qual. Beats: 1
Rev. Trend: 39.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Toronto-Dominion Bank (TD) is a Canadian-headquartered diversified financial services company operating through four main segments: Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its offerings span retail deposits and consumer lending, business and commercial banking, credit cards, wealth and asset management, insurance, and capital markets and investment banking services. The company serves customers across Canada, the United States, and international markets, and was founded in 1855.
As a GICS-classified Diversified Bank within the Financials sector, TD operates under the Canadian four-pillar banking model, which permits banks to engage in retail, commercial, wealth management, and capital markets activities through a single corporate entity. With a large-cap market capitalization of approximately $195 billion USD, TD is one of Canadas major banks and distinguishes itself from peers through its significant U.S. retail footprint, which forms a core part of its growth strategy outside its domestic Canadian franchise.
- U.S. retail expansion stalled by AML consent order penalties
- Canadian net interest margins compress on Bank of Canada rate cuts
- Wealth management fees decline amid equity market corrections
| Net Income: 16.2b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 0.27 > 1.0 |
| NWC/Revenue: -201.4% < 20% (prev -1.12k%; Δ 921.7% < -1%) |
| CFO/TA 0.01 > 3% & CFO 31.2b > Net Income 16.2b |
| Net Debt (297b) to EBITDA (22.2b): 13.35 < 3 |
| Current Ratio: 0.05 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.18b) vs 12m ago -31.48% < -2% |
| Gross Margin: 54.20% > 18% (prev 47.17%; Δ 7.03% > 0.5%) |
| Asset Turnover: 5.42% > 50% (prev 5.78%; Δ -0.36% > 0%) |
| Interest Coverage Ratio: 0.42 > 6 (EBIT TTM 20.2b / Interest Expense TTM 47.6b) |
| A: -0.11 (Total Current Assets 12.4b - Total Current Liabilities 239b) / Total Assets 2113b |
| B: 0.04 (Retained Earnings 78.9b / Total Assets 2113b) |
| C: 0.01 (EBIT TTM 20.2b / Avg Total Assets 2074b) |
| D: 0.06 (Book Value of Equity 127b / Total Liabilities 1986b) |
| Altman-Z'' = -0.45 = B |
| DSRI: 0.13 (Receivables 5.59b/43.3b, Revenue 113b/118b) |
| GMI: 0.87 (GM 47.17% / 54.20%) |
| AQI: 1.16 (AQ_t 0.99 / AQ_t-1 0.85) |
| SGI: 0.96 (Revenue 113b / 118b) |
| TATA: -0.01 (NI 16.2b - CFO 31.2b) / TA 2113b) |
| Beneish M = -3.79 (Cap -4..+1) = AAA |
As of September 27, 2026, the stock is trading at USD 120.65 with a total of 1,011,185 shares traded. Over the past week, the price has changed by -1.37%, over one month by +1.33%, over three months by +0.80% and over the past year by +58.05%.
Current recommended Stop Loss: 116.30 (which is 3.6% or 2.1 ATR below the current price).
Toronto Dominion Bank has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy TD.
- StrongBuy: 5
- Buy: 5
- Hold: 2
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 121.7 | 0.9% |
Market Cap CAD = 283b (200b USD * 1.4141 USD.CAD)
P/E Trailing = 18.1499
P/E Forward = 15.2439
P/S = 3.2955
P/B = 2.435
P/EG = 1.0058
Revenue TTM = 113b CAD
EBIT TTM = 20.2b CAD
EBITDA TTM = 22.2b CAD
Long Term Debt = 224b CAD (from longTermDebt, last quarter)
Short Term Debt = 239b CAD (from shortTermDebt, last quarter)
Debt = 303b CAD (from shortLongTermDebtTotal, last quarter) + Leases 5.35b
Net Debt = 297b CAD (calculated: Debt 303b - CCE 6.82b)
Enterprise Value = 580b CAD (283b + Debt 303b - CCE 6.82b)
Interest Coverage Ratio = 0.42 (Ebit TTM 20.2b / Interest Expense TTM 47.6b)
EV/FCF = 24.67x (Enterprise Value 580b / FCF TTM 23.5b)
FCF Yield = 4.05% (FCF TTM 23.5b / Enterprise Value 580b)
FCF Margin = 20.90% (FCF TTM 23.5b / Revenue TTM 113b)
Net Margin = 14.40% (Net Income TTM 16.2b / Revenue TTM 113b)
Gross Margin = 54.20% ((Revenue TTM 113b - Cost of Revenue TTM 51.5b) / Revenue TTM)
Gross Margin QoQ = 55.97% (prev 55.15%)
Tobins Q-Ratio = 0.27 (Enterprise Value 580b / Total Assets 2113b)
Interest Expense / Debt = 15.69% (Interest Expense 47.6b / Debt 303b)
Taxrate = 19.64% (3.96b / 20.2b)
NOPAT = 16.2b (EBIT 20.2b * (1 - 19.64%))
Current Ratio = 0.05 (Total Current Assets 12.4b / Total Current Liabilities 239b)
Debt / Equity = 2.39 (Debt 303b / totalStockholderEquity, last quarter 127b)
Debt / EBITDA = 13.35 (Net Debt 297b / EBITDA 22.2b)
Debt / FCF = 12.61 (Net Debt 297b / FCF TTM 23.5b)
Total Stockholder Equity = 126b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.78% (Net Income 16.2b / Total Assets 2113b)
RoE = 12.83% (Net Income TTM 16.2b / Total Stockholder Equity 126b)
RoCE = 5.75% (EBIT 20.2b / Capital Employed (Equity 126b + L.T.Debt 224b))
RoIC = 0.77% (NOPAT 16.2b / Invested Capital 2107b)
WACC = 10.36% (E(283b)/V(587b) * Re(7.95%) + D(303b)/V(587b) * Rd(15.69%) * (1-Tc(0.20)))
Discount Rate = 7.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -83.30 | Cagr: -16.43%
[DCF] Terminal Value 71.76% ; FCFF base≈21.0b ; Y1≈24.1b ; Y5≈35.4b
[DCF] Fair Price = 59.21 (EV 394b - Net Debt 297b = Equity 97.0b / Shares 1.64b; r=10.36% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -50.05 | EPS CAGR: -1.79% | SUE: 0.99 | # QB: 1
Revenue Correlation: 39.18 | Revenue CAGR: 2.05% | SUE: 0.59 | # QB: 0
EPS current Quarter (2027-01-31): EPS=2.73 | Chg30d=+4.02% | Revisions=+62% | Analysts=8
EPS current Year (2026-10-31): EPS=10.12 | Chg30d=+4.40% | Revisions=+80% | GrowthEPS=+20.9% | GrowthRev=+8.5%
EPS next Year (2027-10-31): EPS=11.20 | Chg30d=+4.02% | Revisions=+80% | GrowthEPS=+10.7% | GrowthRev=+5.7%
[Analyst] Revisions Ratio: +91% (up=29, down=0)