GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TMX Group Ltd (TSX:X) » Definitions » EV-to-FCF

TMX Group (TSX:X) EV-to-FCF : 23.44 (As of Apr. 29, 2024)


View and export this data going back to 2002. Start your Free Trial

What is TMX Group EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TMX Group's Enterprise Value is C$10,811 Mil. TMX Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was C$461 Mil. Therefore, TMX Group's EV-to-FCF for today is 23.44.

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

TSX:X' s EV-to-FCF Range Over the Past 10 Years
Min: -58.81   Med: 20.68   Max: 61.05
Current: 23.44

During the past 13 years, the highest EV-to-FCF of TMX Group was 61.05. The lowest was -58.81. And the median was 20.68.

TSX:X's EV-to-FCF is ranked worse than
66.91% of 411 companies
in the Capital Markets industry
Industry Median: 11.88 vs TSX:X: 23.44

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-29), TMX Group's stock price is C$36.38. TMX Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.278. Therefore, TMX Group's PE Ratio for today is 28.47.


TMX Group EV-to-FCF Historical Data

The historical data trend for TMX Group's EV-to-FCF 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-FCF Chart

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.11 22.85 20.30 21.37 21.34

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-FCF 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 21.37 21.38 21.77 21.44 21.34

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

For the Financial Data & Stock Exchanges subindustry, TMX Group's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF Distribution in the Capital Markets Industry

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

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



TMX Group EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=10810.541/461.2
=23.44

TMX Group's current Enterprise Value is C$10,811 Mil.
TMX Group's Free Cash Flow 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$461 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-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

TMX Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=36.38/1.278
=28.47

TMX Group's share price for today is C$36.38.
TMX Group's Earnings per Share (Diluted) 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$1.278.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


TMX Group EV-to-FCF Related Terms

Thank you for viewing the detailed overview of TMX Group's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


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.