TMX Group Limited
stock CA:X (TORONTO)

Alternative ID: CA87261X1087 CA87262K1057

Watch List

  • Exchange: TORONTO
  • Sector: Financial
  • Industry: Financial Data & Stock Exchanges
  • Market Cap: Mid (7.77B)
  • Data in CAD
  • EPS: 4.91
  • Current PE: 5.32
  • BVPS: 65.77
  • Price/BVPS: 0.40
  • Dividend: 2.72 / 2.0%
  • Hist Grade: C (56.86)
  • YOY Grade: E (30.97)
  • Debt/FCF: 2.56
  • ROIC: 2.7%
  • PEG: 26.58
  • PEGY: 2.46
  • Value Price: 26.58
  • MOS Price: 13.29
  • MOS %: 1.9%
  • Graham Number: 85.24
  • Graham MOS %: 226.6%
  • IRT: 4.96

Market Price

26.10 

-0.02 -0.1%

as of Mar 31 '23

52 Week Range:

23.70 142.92

Stock Analyzer Tutorials

S2O Stock Analyzer - General Info

General Info


type: video (mp4); length: 3:30

Demonstrates how to use Stock Analyzer, shows how to analyze a stock and explains in detail "General Info" section of the Stock Analyzer result page.

S2O Stock Analyzer - Financial Statements

Financial Statements


type: video (mp4); length: 5:10

Explains information presented in the Financial Statements section of the S2O Stock Analyzer: financial statements charts, absolute values and growth rates.

S2O Stock Analyzer - Growth Grade and Financial Ratios

Growth Grade and Financial Ratios


type: video (mp4); length: 5:09

Demonstrates how to use Growth Grade & Financial Ratios section; shows the difference between historical and year-over-year Growth Grade on the real life example.

S2O Stock Analyzer - Value Price

Value Price


type: video (mp4); length: 6:03

Demonstrates how to use Value Price (intrinsic value) and the Graham Number, MOS (margin of safety) and IRT - Investment Recovery Time; explains 3 different projection models used to compute value price - pessimistic, moderate and optimistic.

S2O Stock Analyzer - Price Charts

Price Charts


type: video (mp4); length: 8:34

Demonstrates basic rules of how to read a candlestick chart, long and short term moving averages, stochastic, MACD and relative strength (RS) charts. Explains how bull or bear market condition is computed.

General Info

  • Exchange: TORONTO
  • Sector: Financial
  • Industry: Financial Data & Stock Exchanges
  • Market Cap: Mid (7.77B)
  • Inst. Ownership: 54.95%
  • Insider Ownership: 1.13%
  • Full Time Employees: 1576
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. The company operates through four segments: Global Solutions, Insights & Analytics; Capital Formation; Derivatives Trading and Clearing; and Equities and Fixed Income Trading & Clearing. The Global Solutions, Insights & Analytics segment delivers equities and index data, as well as integrated data sets for the proprietary and third party analytics to help clients in making trading and investment decisions; and provides solutions to European and global wholesale energy markets for price discovery, trade execution, post-trade transparency, and straight through processing. The Capital Formation segment operates Toronto Stock Exchange, a national stock exchange for the senior equities market; TSX Venture Exchange, a national stock exchange for the public venture equity market; and TSX Trust that provides corporate trust, registrar, transfer agency, and foreign exchange services. The Derivatives Trading & Clearing segment operates Montreal Exchange, a national derivatives exchange; Canadian Derivatives Clearing Corporation, a clearinghouse for options and futures contracts; and various over-the-counter products and fixed income repurchase agreements. The Equities and Fixed Income Trading & Clearing segment engages in the trading operations of Toronto Stock Exchange, TSX Venture Exchange, and TSX Alpha Exchange; and clearing and settlement of equities and fixed income transactions, and custody of securities; and provision of fixed income inter-dealer brokerage services. The company was formerly known as Maple Group Acquisition Corporation and changed its name to TMX Group Limited in August 2012. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada.

Financial Statements

The charts below show selected Annual and Quarterly Financial Data.

The purpose of these charts is to discover long and short term change dynamics. When numbers are growing year after year in the annual statements chart, the business become stronger and stronger and this is a good sign.

Quarterly Data Chart can be used to do a short term analysis. It makes sense to pay attention to the quarterly dynamics and do not wait for the next yearly statement. We should be alerted if we see that quarterly numbers are going down.

You can check "Annual Financial Statements" and "Quarterly Financial Statements" sections for exact numbers and growth rates.

Annual Statements

On a charts below the Line shows absolute values and the Bar chart shows Year-Over-Year Growth Rate for selected financial statement item. A consistent GROWTH is generally considered necessary to fund future growth from within a business.
NOTE: Growth Rate is not provided if either the latest period or the year-ago period contains a net loss. (source: WSJ Digest of Earnings)
TIP! move your mouse pointer over bar or a circle on any chart below to see details.

Financial Statements

Income Statement


 

Cash Flow Statement


 

Balance Sheet


 

Liquidity Ratios

Current Ratio

 

Current Ratio measures the ability to meet short term obligations. Generally accepted standard is 2 (current assets should be 2 times or 200% of current liabilities).

Quick Ratio

 

Measures immediate liquidity or the cash available to cover immediate liabilities. A safe margin would be at least 1 (100%).

Financial Leverage

 

Defined as total assets divided by total shareholders' equity. The higher the ratio, the more debt a company uses in its capital structure.

Profitability Ratios

ROA

 

Return on Assets (ROA) measures the income (profit) that is generated by the use of the assets of the business.

ROE

 

Return on Equity (ROE) is a measure of profitability that calculates how many dollars of profit a company generates with each dollar of shareholders equity. ROE is sometimes called "return on net worth."

ROIC

 

The Return on Invested Capital (ROIC) measure gives a sense of how well a company is using its money to generate returns. Some investors use this figure as a final evaluation to determine whether or not to invest in a company.

Annual Statements

Item Name Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Equity (BVPS) 15.78
52.39
52.75
53.29
54.46
52.44
54.56
59.43
61.15
64.10
65.77
growth rate 232.0% 0.7% 1.0% 2.2% -3.7% 4.0% 8.9% 2.9% 4.8% 2.6%
Earnings BIT 336.60
42.00
331.10
355.70
313.60
361.80
391.00
577.50
739.30
588.90
551.90
growth rate -87.5% 688.3% 7.4% -11.8% 15.4% 8.1% 47.7% 28.0% -20.3% -6.3%
Avg.PE 13.14
69.93
22.27
18.01
18.01
22.63
19.17
10.75
26.74
26.21
23.39
growth rate 432.2% -68.2% -19.1% 0.0% 25.7% -15.3% -43.9% 148.7% -2.0% -10.8%
ROA 7.11
0.18
0.81
0.64
-0.33
1.00
1.54
1.00
0.77
0.82
0.68
growth rate -97.5% 350.0% -21.0% -100.0% 100.0% 54.0% -35.1% -23.0% 6.5% -17.1%
ROE 23.18
0.76
4.34
3.47
-1.84
6.88
12.06
8.71
7.20
7.87
9.25
growth rate -96.7% 471.1% -20.1% -100.0% 100.0% 75.3% -27.8% -17.3% 9.3% 17.5%
ROIC 15.47
1.49
4.84
3.21
-0.67
5.66
9.16
7.05
6.02
6.58
7.73
growth rate -90.4% 224.8% -33.7% -100.0% 100.0% 61.8% -23.0% -14.6% 9.3% 17.5%
Cur. Ratio 1.02
1.03
1.02
1.00
0.98
1.00
0.97
0.99
1.00
1.00
1.00
growth rate 1.0% -1.0% -2.0% -2.0% 2.0% -3.0% 2.1% 1.0% 0.0% 0.0%
Quick Ratio 0.93
0.13
0.10
0.10
0.06
0.07
0.02
0.01
0.01
0.01
0.01
growth rate -86.0% -23.1% 0.0% -40.0% 16.7% -71.4% -50.0% 0.0% 0.0% 0.0%
Leverage 2.84
4.99
5.71
5.14
6.10
7.60
8.05
9.36
9.24
10.00
17.05
growth rate 75.7% 14.4% -10.0% 18.7% 24.6% 5.9% 16.3% -1.3% 8.2% 70.5%
Balance Sheet Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Acct.Receivable 72.50
80.70
89.60
93.20
86.70
86.70
106.80
112.40
114.10
112.80
134.60
growth rate 11.3% 11.0% 4.0% -7.0% 0.0% 23.2% 5.2% 1.5% -1.1% 19.3%
Acct.Payable 30.50
28.10
27.20
28.10
30.20
39.20
44.90
51.60
68.20
growth rate -7.9% -3.2% 3.3% 7.5% 29.8% 14.5% 14.9% 32.2%
Cur.Assets 1,935.60
8,962.50
11,485.20
10,160.30
12,449.60
17,689.10
20,407.80
26,485.30
27,105.20
30,839.50
57,800.30
growth rate 363.0% 28.2% -11.5% 22.5% 42.1% 15.4% 29.8% 2.3% 13.8% 87.4%
Total Assets 3,394.80
14,042.20
16,495.50
14,964.10
17,017.40
22,201.40
25,624.80
31,658.30
32,359.70
36,098.60
63,199.40
growth rate 313.6% 17.5% -9.3% 13.7% 30.5% 15.4% 23.6% 2.2% 11.6% 75.1%
Cash 636.00
156.50
212.20
214.00
154.10
240.60
175.00
175.10
149.00
222.10
264.30
growth rate -75.4% 35.6% 0.9% -28.0% 56.1% -27.3% 0.1% -14.9% 49.1% 19.0%
Inventory 0.00 0.00
growth rate
Cur.Liabilities 1,898.30
8,711.20
11,236.80
10,128.70
12,663.10
17,733.60
21,008.70
26,661.80
27,153.00
30,781.10
57,519.00
growth rate 358.9% 29.0% -9.9% 25.0% 40.0% 18.5% 26.9% 1.8% 13.4% 86.9%
Liabilities 2,198.30
11,226.00
13,524.70
12,018.20
14,199.10
19,280.70
22,442.00
28,277.50
28,860.60
32,487.10
59,493.30
growth rate 410.7% 20.5% -11.1% 18.2% 35.8% 16.4% 26.0% 2.1% 12.6% 83.1%
LT Debt 0.30
1,453.60
1,328.20
997.70
648.20
648.70
547.60
746.80
747.10
747.50
997.10
growth rate 484,433.3% -8.6% -24.9% -35.0% 0.1% -15.6% 36.4% 0.0% 0.1% 33.4%
Equity 1,196.50
2,816.20
2,887.80
2,908.80
2,788.00
2,920.70
3,182.80
3,380.80
3,499.10
3,611.50
3,706.10
growth rate 135.4% 2.5% 0.7% -4.2% 4.8% 9.0% 6.2% 3.5% 3.2% 2.6%
Common Shares 75.00
21.00
54.00
54.00
54.00
55.00
56.00
2,938.00
2,965.10
2,943.60
2,875.80
growth rate -72.0% 157.1% 0.0% 0.0% 1.9% 1.8% 5,146.4% 0.9% -0.7% -2.3%
Cash Flow Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Capital Expenditures 8.80
1.60
28.40
27.80
23.70
13.50
39.60
58.80
57.60
67.10
51.20
growth rate -81.8% 1,675.0% -2.1% -14.8% -43.0% 193.3% 48.5% -2.0% 16.5% -23.7%
Cash Dividends 119.30
51.40
86.40
86.80
87.00
90.20
107.80
124.70
141.30
153.60
168.90
growth rate -56.9% 68.1% 0.5% 0.2% 3.7% 19.5% 15.7% 13.3% 8.7% 10.0%
Cash From OA 303.50
-76.10
294.90
254.20
250.30
314.40
276.60
347.10
344.00
412.20
441.40
growth rate -100.0% 100.0% -13.8% -1.5% 25.6% -12.0% 25.5% -0.9% 19.8% 7.1%
FCF per Share 3.94
-4.24
3.64
3.54
4.21
4.97
4.67
5.07
4.86
5.86
6.62
growth rate -100.0% 100.0% -2.8% 18.9% 18.1% -6.0% 8.6% -4.1% 20.6% 13.0%
Sale Purchase of Stock 14.50
8.40
3.20
31.60
17.30
growth rate -42.1% -61.9% 887.5% -45.3%
FCF 276.00
-89.00
222.00
225.00
226.00
300.00
237.00
288.00
286.00
344.00
390.00
growth rate -100.0% 100.0% 1.4% 0.4% 32.7% -21.0% 21.5% -0.7% 20.3% 13.4%
Income Statement Dec '11 Dec '12 Dec '13 Dec '14 Dec '15 Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21
Sales 673.50
313.10
773.90
794.40
763.20
745.40
747.30
1,029.00
1,160.10
1,025.70
1,034.60
growth rate -53.5% 147.2% 2.7% -3.9% -2.3% 0.3% 37.7% 12.7% -11.6% 0.9%
Op.Income 372.00
115.10
331.10
355.70
313.60
361.80
391.00
577.50
739.30
588.90
551.90
growth rate -69.1% 187.7% 7.4% -11.8% 15.4% 8.1% 47.7% 28.0% -20.3% -6.3%
IBT 336.60
41.70
184.60
96.20
-11.50
241.80
280.20
362.30
334.90
388.80
479.30
growth rate -87.6% 342.7% -47.9% -100.0% 100.0% 15.9% 29.3% -7.6% 16.1% 23.3%
Net Income 237.50
15.10
123.90
100.50
-52.30
196.40
368.00
286.00
247.60
279.70
338.50
growth rate -93.6% 720.5% -18.9% -100.0% 100.0% 87.4% -22.3% -13.4% 13.0% 21.0%
EPS -327.56
0.72
2.29
1.85
-0.96
3.58
6.60
5.10
4.38
4.91
5.99
growth rate 100.0% 218.1% -19.2% -100.0% 100.0% 84.4% -22.7% -14.1% 12.1% 22.0%
Gross Profit 673.50
294.50
699.70
724.40
686.00
678.20
696.10
976.60
1,108.20
968.10
970.40
growth rate -56.3% 137.6% 3.5% -5.3% -1.1% 2.6% 40.3% 13.5% -12.6% 0.2%

Quarterly Statements

Item Name Sep '21 Dec '21 Mar '22 Jun '22 Sep '22
Earnings BIT 122.20
141.20
247.30
387.30
growth rate 15.6% 32.3% 56.6%
Balance Sheet Sep '21 Dec '21 Mar '22 Jun '22 Sep '22
Acct.Receivable 122.00
134.60
156.80
152.60
growth rate 10.3% 7.9% -2.7%
Acct.Payable 129.00
68.20
122.30
122.60
growth rate -47.1% 33.9% 0.3%
Cur.Assets 36,076.60
57,800.30
49,683.90
56,811.20
growth rate 60.2% -7.3% 14.4%
Total Assets 41,463.30
63,199.40
55,353.30
62,482.00
growth rate 52.4% -6.4% 12.9%
Cash 260.50
264.30
355.40
401.00
growth rate 1.5% 16.0% 12.8%
Cur.Liabilities 35,817.00
57,519.00
49,298.40
56,361.80
growth rate 60.6% -7.4% 14.3%
Liabilities 37,787.70
59,493.30
51,312.70
58,373.50
growth rate 57.4% -7.1% 13.8%
LT Debt 996.90
997.10
997.40
997.50
growth rate 0.0% 0.0% 0.0%
Equity 3,675.60
3,706.10
3,844.90
3,886.90
growth rate 0.8% 1.9% 1.1%
Common Shares 2,894.30
2,875.80
2,823.70
2,825.20
growth rate -0.6% -0.9% 0.1%
Cash Flow Statement Sep '21 Dec '21 Mar '22 Jun '22 Sep '22
Capital Expenditures 15.70
11.20
13.40
13.40
11.60
growth rate -28.7% 19.6% 0.0% -13.4%
Cash Dividends 43.10
43.10
46.30
46.30
46.20
growth rate 0.0% 7.4% 0.0% -0.2%
Cash From OA 117.70
103.00
152.00
152.00
112.50
growth rate -12.5% 47.6% 0.0% -26.0%
Sale Purchase of Stock
growth rate
FCF 102.00
91.80
138.60
138.60
100.90
growth rate -10.0% 51.0% 0.0% -27.2%
Income Statement Sep '21 Dec '21 Mar '22 Jun '22 Sep '22
Sales 242.40
273.50
395.10
531.50
growth rate 12.8% 20.2% 34.5%
Op.Income 122.20
141.20
247.30
247.30
387.30
growth rate 15.6% 75.1% 0.0% 56.6%
IBT 104.30
113.00
129.30
129.30
117.00
growth rate 8.3% 14.4% 0.0% -9.5%
Net Income 76.90
87.90
92.10
81.00
growth rate 14.3% 2.4% -12.1%
EPS
growth rate
Gross Profit 227.70
254.50
373.50
508.50
growth rate 11.8% 21.1% 36.1%

Growth Grade & Financial Ratios

All financial ratios below are calculated based on latest annual statements available and present the most up to date snapshot of a company finances.

Growth Grade

Historical Growth Grade:

C (56.86)

YOY Growth Grade:

E (30.97)

Click on buttons above for detailed yearly growth rates.

Market Ratios

  • Dividend Yield: 2.0%

  • Beta: 0.58

    Beta of 0.5808 suggests that the asset is less volatile than the rest of the market.

  • PE: 5.32

  • EY: 18.8%

  • PEG: 26.58

    PEG Ratio of 26.58 suggests that stock is overpriced.

  • PEGY: 2.46

    PEGY Ratio of 2.46 suggests that stock is overpriced.

  • Price/BVPS: 0.40

    Price to BVPS Ratio of 0.40 suggests that stock is undervalued.

Profitability Ratios

  • ROE: 9.3%

    Return on Equity (ROE) of 9.3% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROS: 53.3%

    The value of Return on Sales depends on the business and/or industry. Usually the higher ratio the better.

  • ROA: 0.8%

    Return on Assets (ROA). Low ratio usually means poor performance, or ineffective use of assets by management. High ratio usually means good performance.

  • ROI: 12.9%

    Return on Investment (ROI) of 12.9% suggests that management is inefficient or it could reflect a highly capitalized, conservatively operated business with little long term debt.

  • ROIC: 2.7%

    Return on Invested Capital (ROIC) of 2.7% suggests that a company may not be able to fund future growth from within.

Liquidity Ratios

  • Current Ratio: 1.00

    Current Ratio of 1.00 suggests that a company may not be able to pay off bills as rapidly as it should.

  • Quick Ratio: 0.01

    Quick Ratio of 0.01 suggests that a company does not have enough cash to cover immediate liabilities.

  • Cash Turnover: 3.68

    Turnover Of Cash Ratio of 3.68 suggests that a company may have funds tied up in short-term low-yielding assets or may have a cash surplus, which is not invested in the business.

  • Equity Ratio: 5.9%

    Equity Ratio of 5.9% suggests that a company has high financing and debt service costs, not very attractive to investors.

  • Debt/Equity: 1,605.3%

    Debt to Equity Ratio of 1,605.3% suggests that greater risk assumed by creditors, hence greater interest by them in the way the company is being managed.

  • Debt/FCF: 2.56

    Debt/FCF of 2.56 suggests that a company is doing well and can pay off its long term debt within three years.

Efficiency Ratios

  • Avg Collection Period: 47.49

    Average Collection Period of 47.49 days suggests that a company is doing well.

  • Inventory Turnover:

  • Cash Flow Ratio: 2.19

    Cash Flow Ratio of 2.19 suggests a company is doing OK, but lower inventory is generally viewed as a positive trend.

  • Profit Margin: 32.7%

Value Price

PE and EPS

Historical Current Forward
PE 28.11 5.32 19.64
EPS / Growth 8.9% 4.91 0.2%

Value Price & Investment Recovery Time

Read more about Stock2Own value price in Stock Market: Fundamental Analysis.

Equity Growth Rate: 4.4%

Estimates Pessimistic Moderate Optimistic My Numbers
Rate of Return 15.0%
MOS Price % 50 %
Future EPS Growth 0.2% 2.3% 2.3%
Future PE 0.40 17.45 17.45
Future EPS 5.01 6.16 6.16
Value Price
MOS %		 0.50
-98.1% 		26.58
1.9% 		26.58
1.9%
MOS Price 0.25 13.29 13.29
IRT 5.28 4.96 4.96

Graham Number:

NOTE: The Graham Number applies only to certain types of stocks in combination with a number of other criteria.

Read more about Graham Number in Stock Market: Fundamental Analysis.

  • Graham Number: 85.24
  • Graham MOS: 226.6%

Price Chart

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