Projected Income Statement: The Toronto-Dominion Bank

Forecast Balance Sheet: The Toronto-Dominion Bank

Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 02/12/21 01/12/22 30/11/23 05/12/24 04/12/25 - - -
Estimates

Cash Flow Forecast: The Toronto-Dominion Bank

Fiscal Period: October 2020 2021 2022 2023 2024 2025
CAPEX 1 1,757 1,129 1,454 1,844 2,177 2,145
Change - -35.74% 28.79% 26.82% 18.06% -1.47%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 03/12/20 02/12/21 01/12/22 30/11/23 05/12/24 04/12/25
1CAD in Million
Estimates

Forecast Financial Ratios: The Toronto-Dominion Bank

Fiscal Period: October 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 42.92% 50.32% 47.09% 41.87% 41.57% 42.53% 43.32% -
EBT Margin (%) - 42.69% 41.65% 25.24% 21.6% 42.43% 33.1% 33.31% -
Net margin (%) - 35% 35.02% 19.71% 16.58% 35.84% 25.71% 26.39% -
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 0.82% 0.83% 0.75% 0.68% 0.7% 0.75% 0.76% 0.7%
ROE - 15.9% 15.9% 14.4% 13.6% 12.9% 13.75% 14.76% 14.9%

Financial Health

         
Leverage (Debt/EBITDA) - - - - - - - - -
Debt / Free cash flow - - - - - - - - -

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 3.16 3.56 3.84 4.08 4.2 4.359 4.606 4.5
Change - - 12.66% 7.87% 6.25% 2.94% 3.78% 5.68% -2.31%
Book Value Per Share 1 - 51.66 55 56.58 59.59 68.78 69.47 72.48 72.49
Change - - 6.47% 2.87% 5.32% 15.42% 1.01% 4.32% 0.02%
EPS 1 - 7.72 9.47 5.6 4.72 11.56 9.065 10.21 9.61
Change - - 22.67% -40.87% -15.71% 144.92% -21.58% 12.69% -5.92%
Nbr of stocks (in thousands) - 1,820,149 1,813,220 1,802,041 1,748,117 1,714,267 1,668,830 1,668,830 1,668,830
Announcement Date - 02/12/21 01/12/22 30/11/23 05/12/24 04/12/25 - - -
1CAD
Estimates
2026 *2027 *
P/E ratio 15.9x 14.1x
PBR 2.07x 1.99x
EV / Sales 4.07x 3.91x
Yield 3.02% 3.2%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
144.11CAD
Average target price
140.43CAD
Spread / Average Target
-2.55%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. TD Stock
  4. Financials The Toronto-Dominion Bank