Valuation The Toronto-Dominion Bank

Stocks

Market Closed - Toronto S.E. Other stock markets 21:17:01 12/06/2026 BST			5-day change	1st Jan Change
164.01 ^CAD	+1.10%		+3.97%	+26.79%

06-05	The Toronto-Dominion Bank Prices CAD Non-Viability Contingent Capital AT1 Limited Recourse Capital Notes	MT
06-01	TD Bank Price Target Raised to $156 at RBC	MT

Data adjusted to current consolidation scope

Fiscal Period: October	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	163,522	158,095	139,586	134,553	197,415	270,953	-	-
Change	-	-3.32%	-11.71%	-3.61%	46.72%	37.25%	-	-
Enterprise Value (EV)	163,522	158,095	139,586	134,553	197,415	270,953	270,953	270,953
Change	-	-3.32%	-11.71%	-3.61%	46.72%	37.25%	0%	0%
P/E Ratio	11.6x	9.21x	13.8x	16.3x	9.96x	17.5x	15.9x	16.2x
PBR	1.74x	1.59x	1.37x	1.29x	1.67x	2.36x	2.26x	2.28x
PEG	-	0.4x	-0.3x	-1x	0x	-0.9x	1.6x	-8.34x
Capitalization / Revenue	4.07x	3.22x	2.69x	2.68x	3.54x	4.52x	4.3x	-
EV / Revenue	0x	0x	0x	0x	0x	4.52x	4.3x	-
EV / EBITDA	-	-	-	-	-	-	-	-
EV / EBIT	0x	0x	0x	0x	0x	10.7x	10.1x	11x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	3.16	3.56	3.84	4.08	4.2	4.401	4.668	4.76
Rate of return	3.52%	4.08%	4.96%	5.3%	3.65%	2.68%	2.85%	2.9%
EPS ²	7.72	9.47	5.6	4.72	11.56	9.36	10.3	10.1
Distribution rate	40.9%	37.6%	68.6%	86.4%	36.3%	47%	45.3%	47.1%
Net sales ¹	40,138	49,032	51,839	50,142	55,721	59,943	63,041	-
EBITDA	-	-	-	-	-	-	-	-
EBIT ¹	17,229	24,673	24,409	20,994	23,166	25,255	26,846	24,744
Net income ¹	14,049	17,170	10,219	8,316	19,973	15,433	16,171	16,890
Net Debt	-	-	-	-	-	-	-	-
Reference price ²	89.84	87.19	77.46	76.97	115.16	164.01	164.01	164.01
Nbr of stocks (in thousands)	1,820,149	1,813,220	1,802,041	1,748,117	1,714,267	1,652,051	-	-
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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THE TORONTO-DOMINION BANK	17.52x	-	-	2.68%	194B
JPMORGAN CHASE & CO.	14.37x	-	-	1.96%	859B
BANK OF AMERICA CORPORATION	12.52x	-	-	2.11%	398B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	6.04x	-	-	5.12%	390B
HSBC HOLDINGS PLC	11.38x	-	-	4.55%	316B
CHINA CONSTRUCTION BANK CORPORATION	5.89x	-	-	5.18%	309B
BANK OF CHINA LIMITED	6.3x	-	-	4.95%	281B
ROYAL BANK OF CANADA	17.56x	-	-	2.43%	278B
WELLS FARGO & COMPANY	11.99x	-	-	2.24%	256B
MITSUBISHI UFJ FINANCIAL GROUP, INC.	16.16x	-	-	2.39%	223B
Average	11.97x			3.36%	350.32B
Weighted average by Cap.	11.94x			3.21%