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TMX Group (TSX:X) EV-to-EBIT : 4.77 (As of Apr. 29, 2024)


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What is TMX Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TMX Group's Enterprise Value is C$10,811 Mil. TMX Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,267 Mil. Therefore, TMX Group's EV-to-EBIT for today is 4.77.

The historical rank and industry rank for TMX Group's EV-to-EBIT or its related term are showing as below:

TSX:X' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.24   Med: 15.15   Max: 122.9
Current: 4.77

During the past 13 years, the highest EV-to-EBIT of TMX Group was 122.90. The lowest was 4.24. And the median was 15.15.

TSX:X's EV-to-EBIT is ranked better than
71.87% of 480 companies
in the Capital Markets industry
Industry Median: 9.985 vs TSX:X: 4.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TMX Group's Enterprise Value for the quarter that ended in Dec. 2023 was C$9,811 Mil. TMX Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,267 Mil. TMX Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.11%.


TMX Group EV-to-EBIT Historical Data

The historical data trend for TMX Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TMX Group EV-to-EBIT Chart

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.22 13.50 13.88 5.76 4.33

TMX Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.76 5.21 4.75 4.26 4.33

Competitive Comparison of TMX Group's EV-to-EBIT

For the Financial Data & Stock Exchanges subindustry, TMX Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TMX Group's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TMX Group's EV-to-EBIT falls into.



TMX Group EV-to-EBIT Calculation

TMX Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10810.541/2267.2
=4.77

TMX Group's current Enterprise Value is C$10,811 Mil.
TMX Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TMX Group  (TSX:X) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

TMX Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2267.2/9811.06715
=23.11 %

TMX Group's Enterprise Value for the quarter that ended in Dec. 2023 was C$9,811 Mil.
TMX Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TMX Group EV-to-EBIT Related Terms

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TMX Group (TSX:X) Business Description

Traded in Other Exchanges
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.