The Toronto-Dominion Bank

BUL:TDB Stock Report

Market Cap: €91.2b

Toronto-Dominion Bank Valuation

Is TDB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Share Price vs Fair Value

What is the Fair Price of TDB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
€99.73
Fair Value
46.6% undervalued intrinsic discount
15
Number of Analysts


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TDB?

Key metric:

The above table shows the Price to Earnings ratio for TDB. This is calculated by dividing TDB's market cap by their current earnings.
What is TDB's PE Ratio?
PE Ratio17.8x
EarningsCA$7.69b
Market CapCA$137.19b

Price to Earnings Ratio vs Peers

How does TDB's PE Ratio compare to its peers?

The above table shows the PE ratio for TDB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.2x
FIB First Investment Bank AD
5xn/aлв626.2m
1120 Al Rajhi Banking and Investment
22.6x13.3%ر.س396.0b
8316 Sumitomo Mitsui Financial Group
11.2x6.7%JP¥15.0t
ICICIBANK ICICI Bank
18x8.3%₹8.8t
TDB Toronto-Dominion Bank
17.8x18.2%€137.2b


Price to Earnings Ratio vs Industry

How does TDB's PE Ratio compare vs other companies in the European Banks Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TDB 17.8xIndustry Avg. 8.3xNo. of Companies47PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies


Price to Earnings Ratio vs Fair Ratio

What is TDB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TDB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ration/a


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Price Target
Consensus Narrative from 15 Analysts
€59.01
Fair Value
9.8% undervalued intrinsic discount
15
Number of Analysts


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/10/14 08:11
End of Day Share Price 2024/07/17 00:00
Earnings2024/07/31
Annual Earnings2023/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

The Toronto-Dominion Bank is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark RosenAccountability Research Corporation
John AikenBarclays
Brian MortonBarclays