TMX Historical Financial Ratios
X Stock | CAD 44.40 0.16 0.36% |
TMX Group is promptly reporting on over 98 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Price To Sales Ratio of 6.09, Dividend Yield of 0.021, PTB Ratio of 2.06 or Days Sales Outstanding of 24.27 will help investors to properly organize and evaluate TMX Group Limited financial condition quickly.
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About TMX Financial Ratios Analysis
TMX Group LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate TMX Group investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on TMX financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across TMX Group history.
TMX Group Financial Ratios Chart
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Dividend Yield
Dividend Yield is TMX Group Limited dividend as a percentage of TMX Group stock price. TMX Group Limited dividend yield is a measure of TMX Group stock productivity, which can be interpreted as interest rate earned on an TMX Group investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Stock Based Compensation To Revenue
A metric that compares the total value of stock-based compensation granted by a company to its total revenue, indicating how much of the revenue is used to compensate employees with stock options or awards.Income Quality
An assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure.Most ratios from TMX Group's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into TMX Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in TMX Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. At this time, TMX Group's Payout Ratio is very stable compared to the past year. As of the 29th of November 2024, Income Quality is likely to grow to 1.07, while Dividend Yield is likely to drop 0.02.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0235 | 0.0245 | 0.0221 | 0.021 | Price To Sales Ratio | 7.34 | 6.76 | 3.08 | 6.09 |
TMX Group fundamentals Correlations
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TMX Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TMX Group fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 7.81 | 8.29 | 7.34 | 6.76 | 3.08 | 6.09 | |
Dividend Yield | 0.0224 | 0.0214 | 0.0235 | 0.0245 | 0.0221 | 0.021 | |
Ptb Ratio | 1.16 | 1.8 | 1.99 | 1.94 | 1.89 | 2.06 | |
Days Sales Outstanding | 51.61 | 47.59 | 50.1 | 54.88 | 25.55 | 24.27 | |
Book Value Per Share | 12.49 | 12.8 | 13.21 | 15.09 | 15.54 | 14.76 | |
Free Cash Flow Yield | 0.0454 | 0.0479 | 0.0542 | 0.0519 | 0.0516 | 0.049 | |
Operating Cash Flow Per Share | 1.23 | 1.46 | 1.57 | 1.59 | 1.89 | 1.79 | |
Stock Based Compensation To Revenue | 0.003098 | 0.003005 | 0.002243 | 0.001881 | 6.9E-4 | 7.25E-4 | |
Capex To Depreciation | 0.71 | 0.84 | 0.72 | 0.59 | 0.46 | 0.58 | |
Pb Ratio | 1.16 | 1.8 | 1.99 | 1.94 | 1.89 | 2.06 | |
Ev To Sales | 8.99 | 9.2 | 8.18 | 7.42 | 3.37 | 4.84 | |
Free Cash Flow Per Share | 1.02 | 1.22 | 1.39 | 1.41 | 1.65 | 1.57 | |
Roic | 0.0629 | 0.0661 | 0.0737 | 0.25 | 0.0785 | 0.0746 | |
Inventory Turnover | 1.5 | 1.59 | 1.51 | 1.4 | 1.61 | 2.63 | |
Net Income Per Share | 0.88 | 0.99 | 1.21 | 1.95 | 1.28 | 1.22 | |
Days Of Inventory On Hand | 242.77 | 229.12 | 241.65 | 260.27 | 299.31 | 234.16 | |
Payables Turnover | 5.79 | 5.51 | 4.66 | 5.45 | 1.17 | 1.11 | |
Research And Ddevelopement To Revenue | 0.0196 | 0.0192 | 0.0179 | 0.0188 | 0.008212 | 0.007801 | |
Capex To Revenue | 0.0714 | 0.0776 | 0.0522 | 0.0465 | 0.0225 | 0.0318 | |
Cash Per Share | 0.82 | 0.99 | 1.22 | 1.77 | 1.51 | 1.43 | |
Pocfratio | 18.32 | 17.46 | 16.3 | 17.01 | 16.98 | 9.7 | |
Interest Coverage | 9.71 | 11.99 | 5.37 | 1.85 | 0.31 | 0.29 | |
Payout Ratio | 0.29 | 0.44 | 0.57 | 0.55 | 0.34 | 0.75 | |
Pfcf Ratio | 22.01 | 20.87 | 18.44 | 19.26 | 19.39 | 10.92 | |
Days Payables Outstanding | 63.08 | 66.27 | 78.26 | 66.99 | 313.08 | 297.43 | |
Income Quality | 1.03 | 1.06 | 0.92 | 0.66 | 1.01 | 1.07 | |
Roe | 0.0708 | 0.0774 | 0.0913 | 0.14 | 0.0867 | 0.0823 | |
Ev To Operating Cash Flow | 21.08 | 19.37 | 18.19 | 18.66 | 18.6 | 10.93 | |
Pe Ratio | 25.45 | 25.65 | 21.25 | 13.92 | 25.04 | 21.03 | |
Return On Tangible Assets | 0.0108 | 0.009063 | 0.009008 | 0.005832 | 0.006051 | 0.005748 | |
Ev To Free Cash Flow | 25.32 | 23.15 | 20.57 | 21.13 | 21.24 | 12.29 | |
Earnings Yield | 0.0393 | 0.039 | 0.047 | 0.0718 | 0.0399 | 0.0379 | |
Net Debt To E B I T D A | 1.44 | 2.23 | 1.58 | 0.47 | 0.36 | 0.65 | |
Tangible Book Value Per Share | (5.5) | (5.09) | (5.17) | (4.7) | (4.23) | (4.45) | |
Receivables Turnover | 7.07 | 7.67 | 7.29 | 6.65 | 14.28 | 15.0 | |
Graham Number | 15.76 | 16.9 | 18.94 | 25.03 | 20.62 | 19.59 |
Pair Trading with TMX Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TMX Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TMX Group will appreciate offsetting losses from the drop in the long position's value.Moving together with TMX Stock
Moving against TMX Stock
The ability to find closely correlated positions to TMX Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TMX Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TMX Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TMX Group Limited to buy it.
The correlation of TMX Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TMX Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TMX Group Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TMX Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in TMX Stock
TMX Group LimitedFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate TMX Group investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on TMX financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across TMX Group history.