Valuation: TMX Group Limited

Market Cap 14.15B 10.04B 8.81B 8.21B 7.55B 959B 14.39B 97.37B 38.11B 476B 37.7B 36.89B 1,644B P/E 2026 *
22.8x
P/E 2027 * 21.2x
Enterprise Value 16.07B 11.41B 10.01B 9.32B 8.57B 1,090B 16.35B 111B 43.28B 540B 42.82B 41.89B 1,867B EV / Sales 2026 *
8.33x
EV / Sales 2027 * 7.47x
Free-Float
98.83%
Yield 2026 *
1.88%
Yield 2027 * 2.05%
1 day+1.40%
1 week+3.21%
Current month+12.15%
1 month+14.44%
3 months-3.07%
6 months+2.46%
Current year-0.31%
1 week 49.19
Extreme 49.19
52.29
1 month 45.24
Extreme 45.24
52.29
Current year 44.1
Extreme 44.1
57.27
1 year 44.1
Extreme 44.1
57.98
3 years 28.32
Extreme 28.32
57.98
5 years 24.28
Extreme 24.284
57.98
10 years 11.12
Extreme 11.12
57.98
Manager TitleAgeSince
Chief Executive Officer 51 10/01/2020
Director of Finance/CFO - 01/06/2021
Chief Tech/Sci/R&D Officer - 01/04/2025
Director TitleAgeSince
Chairman 75 02/05/2023
Director/Board Member 69 31/07/2012
Director/Board Member 51 17/08/2020
Date Insider Type Main position Quantity % Market Cap.
30/6/26 TaxCompany 146,340 0.0531%
30/6/26 TaxCompany -146,340 0.0531%
31/5/26 TaxCompany 281,500 0.1020%
Change 5-day change 1-year change 3-year change Capi.($)
+1.40%+3.21%-7.60%+77.59% 10.03B
+2.68%+7.88%-17.20%+32.88% 84.25B
+0.90%+1.66%-7.30%+31.17% 64.54B
+2.26%+3.46%-9.32%+7.95% 57.97B
+1.06%+4.31%+4.47%+52.81% 54.02B
+2.15%+4.45%+1.18%+90.89% 52.51B
+0.33%+1.69%+51.51%+148.24% 19.83B
-0.33%+2.17%+2.79%+133.93% 17.48B
+5.24%+5.47%+25.98%+8.70% 15.43B
+0.64%+2.75%-23.21%+112.71% 7.49B
Average +1.55%+2.00%+2.13%+69.69% 38.35B
Weighted average by Cap. +1.72%+2.27%-2.44%+51.90%

Financials

2026 *2027 *
Net sales 1.93B 1.37B 1.2B 1.12B 1.03B 131B 1.96B 13.28B 5.2B 64.91B 5.14B 5.03B 224B 2.15B 1.53B 1.34B 1.25B 1.15B 146B 2.19B 14.81B 5.8B 72.37B 5.73B 5.61B 250B
Net income 619M 439M 386M 359M 330M 41.98B 630M 4.26B 1.67B 20.82B 1.65B 1.61B 71.93B 654M 464M 408M 380M 349M 44.37B 666M 4.5B 1.76B 22B 1.74B 1.71B 76.03B
Net Debt 1.92B 1.36B 1.2B 1.11B 1.02B 130B 1.95B 13.21B 5.17B 64.56B 5.12B 5.01B 223B 1.93B 1.37B 1.2B 1.12B 1.03B 131B 1.96B 13.25B 5.19B 64.76B 5.13B 5.02B 224B
Logo TMX Group Limited
TMX Group Limited operates global markets and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. Its segments include Global Insights; Capital Formation; Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The Global Insights segment delivers equities data, index data as well as integrated data sets to fuel proprietary and third-party analytics. Its operations included in the Capital Formation segment are: Toronto Stock Exchange, TSX Venture Exchange, TSX Trust, and Newsfile. Its operations included in the Derivatives Trading & Clearing segment are the Montreal Exchange, Canadian Derivatives Clearing Corporation, and BOX. Its operations included in the Equities and Fixed Income Trading & Clearing segment are the trading operations of the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha U.S. Inc., and TSX Alpha Exchange, and CDS Clearing, and Depository Services Inc.
Employees
2,190
Date Price Change Volume
29/07/26 CAD 52.07 +1.40% 1,290,903
27/07/26 CAD 51.35 +2.84% 1,061,059
24/07/26 CAD 49.93 -0.54% 803,084
23/07/26 CAD 50.20 -0.83% 861,239
22/07/26 CAD 50.62 +1.04% 578,911
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
52.07CAD
Average target price
64.53CAD
Spread / Average Target
+23.93%

Quarterly revenue - Rate of surprise