Valuation: TMX Group Limited

Market Cap 14.59B 10.24B 9.09B 8.49B 7.74B 984B 14.73B 103B 39.8B 503B 38.43B 37.59B 1,614B P/E 2026 *
23.5x
P/E 2027 * 21.6x
Enterprise Value 16.62B 11.66B 10.36B 9.67B 8.81B 1,121B 16.77B 117B 45.33B 573B 43.77B 42.82B 1,839B EV / Sales 2026 *
8.51x
EV / Sales 2027 * 7.51x
Free-Float
98.83%
Yield 2026 *
1.86%
Yield 2027 * 2.03%
1 day+0.82%
1 week-1.94%
Current month+1.40%
1 month-2.18%
3 months+12.15%
6 months+6.79%
Current year+1.44%
1 week 51.8
Extreme 51.8
54.5
1 month 51.8
Extreme 51.8
55.52
Current year 44.1
Extreme 44.1
57.27
1 year 44.1
Extreme 44.1
57.27
3 years 28.52
Extreme 28.52
57.98
5 years 24.28
Extreme 24.284
57.98
10 years 12.2
Extreme 12.2
57.98
Manager TitleAgeSince
Chief Executive Officer 51 09/01/2020
Director of Finance/CFO - 31/05/2021
Chief Tech/Sci/R&D Officer - 31/03/2025
Director TitleAgeSince
Chairman 75 01/05/2023
Director/Board Member 69 30/07/2012
Director/Board Member 51 16/08/2020
Date Insider Type Main position Quantity % Market Cap. Importance
01/09/26 Option

General Counsel

-8,885 0.0032%
01/09/26 Buy

General Counsel

-1,180 0.0004%
01/09/26 Buy

General Counsel

-5 0.0000%
Change 5-day change 1-year change 3-year change Capi.($)
+0.82%-1.94%-0.43%+84.28% 10.24B
-0.74%-0.51%-0.58%+30.49% 94.62B
-0.87%-2.70%-7.67%+39.56% 84.29B
-3.09%-3.24%-16.53%+31.49% 60.53B
+0.21%+0.88%+26.79%+79.67% 58.3B
-0.37%-1.34%-6.00%-0.59% 51.53B
-1.46%-3.44%+3.10%+91.17% 50.49B
-1.23%-2.86% - - 44.83B
-1.05%+1.02%-7.06%+28.06% 21.57B
+0.75%+0.63%+29.12%+147.30% 18.32B
Average -0.70%-1.45%+2.31%+59.05% 49.47B
Weighted average by Cap. -0.94%-1.66%+0.19%+47.81%

Financials

2026 *2027 *
Net sales 1.95B 1.37B 1.22B 1.14B 1.04B 132B 1.97B 13.75B 5.33B 67.32B 5.14B 5.03B 216B 2.21B 1.55B 1.38B 1.29B 1.17B 149B 2.23B 15.55B 6.03B 76.16B 5.82B 5.69B 244B
Net income 619M 434M 386M 360M 328M 41.72B 624M 4.36B 1.69B 21.33B 1.63B 1.59B 68.45B 665M 467M 415M 387M 353M 44.85B 671M 4.68B 1.81B 22.93B 1.75B 1.71B 73.59B
Net Debt 2.03B 1.42B 1.26B 1.18B 1.07B 137B 2.05B 14.27B 5.53B 69.88B 5.34B 5.22B 224B 2.01B 1.41B 1.25B 1.17B 1.07B 136B 2.03B 14.15B 5.48B 69.29B 5.29B 5.18B 222B
Logo TMX Group Limited
TMX Group Limited operates global markets and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. Its segments include Global Insights; Capital Formation; Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The Global Insights segment delivers equities data, index data as well as integrated data sets to fuel proprietary and third-party analytics. Its operations included in the Capital Formation segment are: Toronto Stock Exchange, TSX Venture Exchange, TSX Trust, and Newsfile. Its operations included in the Derivatives Trading & Clearing segment are the Montreal Exchange, Canadian Derivatives Clearing Corporation, and BOX. Its operations included in the Equities and Fixed Income Trading & Clearing segment are the trading operations of the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha U.S. Inc., and TSX Alpha Exchange, and CDS Clearing, and Depository Services Inc.
Employees
2,245
Date Price Change Volume
02/10/26 CA$52.98 +0.82% 364,166
01/10/26 CA$52.55 +0.57% 288,458
30/09/26 CA$52.25 -0.34% 548,261
29/09/26 CA$52.43 -2.00% 434,457
28/09/26 CA$53.50 -0.98% 478,667
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
52.98CAD
Average target price
65.43CAD
Spread / Average Target
+23.50%

Quarterly revenue - Rate of surprise