Tmx Group Limited Stock Analysis
| TMXXF Stock | USD 36.75 0.23 0.62% |
TMX Group Limited holds a debt-to-equity ratio of 0.269. TMX Group's financial risk is the risk to TMX Group stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
TMX Group's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. TMX Group's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps TMX Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect TMX Group's stakeholders.
For most companies, including TMX Group, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for TMX Group Limited, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, TMX Group's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that TMX Group's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which TMX Group is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of TMX Group to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, TMX Group is said to be less leveraged. If creditors hold a majority of TMX Group's assets, the Company is said to be highly leveraged.
TMX Group Limited is fairly valued with Real Value of 36.83 and Hype Value of 36.98. The main objective of TMX Group pink sheet analysis is to determine its intrinsic value, which is an estimate of what TMX Group Limited is worth, separate from its market price. There are two main types of TMX Group's stock analysis: fundamental analysis and technical analysis.
The TMX Group pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and TMX Group's ongoing operational relationships across important fundamental and technical indicators.
TMX |
TMX Pink Sheet Analysis Notes
About 56.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.98. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TMX Group Limited recorded earning per share (EPS) of 7.21. The entity last dividend was issued on the 23rd of February 2023. The firm had 2:1 split on the 13th of May 2005. TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. Tmx operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 1576 people.The quote for TMX Group Limited is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about TMX Group Limited contact Luc Fortin at 416 947 4700 or learn more at https://www.tmx.com.TMX Group Limited Investment Alerts
| About 56.0% of the company shares are owned by institutional investors |
TMX Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.9 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TMX Group's market, we take the total number of its shares issued and multiply it by TMX Group's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.TMX Profitablity
The company has Profit Margin (PM) of 0.29 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.68 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.68.Technical Drivers
As of the 2nd of February, TMX Group has the Semi Deviation of 1.19, risk adjusted performance of 0.0414, and Coefficient Of Variation of 1954.77. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TMX Group Limited, as well as the relationship between them. Please validate TMX Group Limited standard deviation, as well as the relationship between the maximum drawdown and expected short fall to decide if TMX Group is priced fairly, providing market reflects its prevalent price of 36.75 per share. Given that TMX Group Limited has jensen alpha of 0.0391, we advise you to double-check TMX Group Limited's current market performance to make sure the company can sustain itself next year.TMX Group Limited Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TMX Group middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TMX Group Limited. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
TMX Group Predictive Daily Indicators
TMX Group intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TMX Group pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TMX Group Forecast Models
TMX Group's time-series forecasting models are one of many TMX Group's pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TMX Group's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.TMX Group Limited Debt to Cash Allocation
Many companies such as TMX Group, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
TMX Group Limited has accumulated 747.8 M in total debt with debt to equity ratio (D/E) of 0.27, which may suggest the company is not taking enough advantage from borrowing. TMX Group Limited has a current ratio of 0.99, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TMX Group until it has trouble settling it off, either with new capital or with free cash flow. So, TMX Group's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TMX Group Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TMX to invest in growth at high rates of return. When we think about TMX Group's use of debt, we should always consider it together with cash and equity.TMX Group Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the TMX Group's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of TMX Group, which in turn will lower the firm's financial flexibility.About TMX Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how TMX Group prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TMX shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as TMX Group. By using and applying TMX Pink Sheet analysis, traders can create a robust methodology for identifying TMX entry and exit points for their positions.
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada and internationally. TMX Group Limited was incorporated in 2011 and is headquartered in Toronto, Canada. Tmx operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 1576 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding TMX Group to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running TMX Group's price analysis, check to measure TMX Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TMX Group is operating at the current time. Most of TMX Group's value examination focuses on studying past and present price action to predict the probability of TMX Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TMX Group's price. Additionally, you may evaluate how the addition of TMX Group to your portfolios can decrease your overall portfolio volatility.
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