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Canadian (TSX) Financial Exchanges and Data Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies3
  • 7D-1.7%
  • 3M-1.4%
  • 1Y16.4%
  • YTDn/a

Over the last 7 days, the Financial Exchanges and Data industry has dropped 3.3%, driven by a pullback from TMX Group of 3.3%. Over the past 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

Has the Canadian Financial Exchanges and Data Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026CA$14.3bCA$1.7bCA$429.2m30.6x33.3x8.3x
Tue, 09 Dec 2025CA$14.5bCA$1.7bCA$429.2m31x33.7x8.4x
Thu, 06 Nov 2025CA$14.6bCA$1.7bCA$422.4m31.2x34.6x8.6x
Sat, 04 Oct 2025CA$15.0bCA$1.6bCA$384.9m35.1x38.9x9.1x
Mon, 01 Sep 2025CA$15.5bCA$1.6bCA$385.0m36.1x40.4x9.5x
Wed, 30 Jul 2025CA$16.1bCA$1.6bCA$431.7m20.5x37.2x10.1x
Fri, 27 Jun 2025CA$16.0bCA$1.6bCA$431.7m19.9x37x10x
Sun, 25 May 2025CA$15.7bCA$1.6bCA$431.7m19.2x36.3x9.8x
Tue, 22 Apr 2025CA$14.4bCA$1.5bCA$501.5m15.6x28.7x9.5x
Thu, 20 Mar 2025CA$14.2bCA$1.5bCA$550.3m29.5x25.8x9.3x
Sat, 15 Feb 2025CA$14.3bCA$1.5bCA$549.8m29.2x26x9.3x
Mon, 13 Jan 2025CA$12.3bCA$1.4bCA$476.1m29.6x25.8x8.5x
Wed, 11 Dec 2024CA$12.4bCA$1.4bCA$474.9m30.1x26.2x8.6x
Fri, 08 Nov 2024CA$12.4bCA$1.4bCA$414.2m30.2x29.9x8.6x
Sun, 06 Oct 2024CA$12.0bCA$3.1bCA$410.5m15.9x29.2x3.8x
Tue, 03 Sep 2024CA$12.1bCA$3.1bCA$410.4m15.8x29.4x3.9x
Thu, 01 Aug 2024CA$11.8bCA$3.0bCA$391.1m28.7x30.2x3.9x
Sat, 29 Jun 2024CA$10.7bCA$3.0bCA$391.2m26x27.4x3.5x
Mon, 27 May 2024CA$10.5bCA$3.0bCA$391.5m25.2x26.7x3.4x
Wed, 24 Apr 2024CA$10.3bCA$3.0bCA$319.5m28.4x32.3x3.5x
Fri, 22 Mar 2024CA$9.7bCA$2.9bCA$313.8m24x30.8x3.3x
Sun, 18 Feb 2024CA$9.7bCA$2.9bCA$312.8m26.2x30.9x3.3x
Tue, 16 Jan 2024CA$9.2bCA$3.4bCA$247.4m28.3x37.2x2.7x
Thu, 14 Dec 2023CA$8.8bCA$3.4bCA$247.4m31.8x35.4x2.6x
Sat, 11 Nov 2023CA$8.4bCA$3.4bCA$237.3m14.9x35.3x2.5x
Mon, 09 Oct 2023CA$8.5bCA$3.2bCA$231.9m16x36.8x2.7x
Wed, 06 Sep 2023CA$8.5bCA$3.2bCA$248.2m17.9x34.4x2.7x
Fri, 04 Aug 2023CA$8.4bCA$3.2bCA$357.9m11.3x23.5x2.6x
Sun, 02 Jul 2023CA$8.5bCA$2.9bCA$274.2m11.7x31.1x2.9x
Tue, 30 May 2023CA$8.3bCA$2.9bCA$273.3m11.3x30.5x2.9x
Thu, 27 Apr 2023CA$7.8bCA$2.5bCA$596.9m7.1x13x3.1x
Sat, 25 Mar 2023CA$7.6bCA$2.5bCA$732.6m6.9x10.4x3.1x
Mon, 20 Feb 2023CA$7.7bCA$2.5bCA$727.4m7x10.6x3.1x
Wed, 18 Jan 2023CA$7.9bCA$2.1bCA$713.9m7.3x11x3.7x
Price to Earnings Ratio

11x


Total Market Cap: CA$7.9bTotal Earnings: CA$713.9mTotal Revenue: CA$2.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Financial Exchanges and Data Industry Price to Earnings3Y Average 29.4x202420252026
Current Industry PE
    There are only 3 companies in the Canadian Financial Exchanges and Data industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Financial Exchanges and Data industry have declined 16% per year over the last three years,
  • Revenues have also declined 7.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Canadian Financial Exchanges and Data compare with similar industries?

CA Market1.94%
Financials1.02%
Capital Markets2.78%
Financial Exchanges and Data-1.69%
Investment Banking and Brokerage3.39%
Asset Management2.98%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WNDR WonderFi TechnologiesCA$0.301.7%
+CA$3.3m		7.0%PS3.4x

Latest News

FRNT
CA$0.22
FRNT Financial
7D
-12.0%
1Y
-68.1%
X
CA$50.58
TMX Group
7D
-1.7%
1Y
16.8%

X: Earnings Momentum And Data Partnerships Will Support Future Outperformance

Analysts have made a modest adjustment to their outlook on TMX Group, with recent price targets ranging from C$59 to C$67 as they factor in updated views on the company’s earnings power and valuation multiples. Analyst Commentary Bullish and cautious voices are both active around TMX Group, and the recent price target range of C$59 to C$67 reflects that split view on valuation and execution risk.
WNDR
CA$0.30
WonderFi Technologies
7D
1.7%
1Y
7.0%