Toronto Dominion Bank Stock Book Value Per Share
| TD Stock | USD 58.69 0.63 1.06% |
Toronto Dominion Bank fundamentals help investors to digest information that contributes to Toronto Dominion's financial success or failures. It also enables traders to predict the movement of Toronto Stock. The fundamental analysis module provides a way to measure Toronto Dominion's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Toronto Dominion stock.
| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 55.36 | 58.13 | |
| Tangible Book Value Per Share | 44.81 | 47.05 |
Toronto | Book Value Per Share |
Toronto Dominion Bank Company Book Value Per Share Analysis
Toronto Dominion's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Toronto Dominion Book Value Per Share | 60.53 X |
Most of Toronto Dominion's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Toronto Dominion Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Toronto Book Value Per Share Driver Correlations
Understanding the fundamental principles of building solid financial models for Toronto Dominion is extremely important. It helps to project a fair market value of Toronto Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Toronto Dominion's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Toronto Dominion's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Toronto Dominion's interrelated accounts and indicators.
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Toronto Book Value Per Share Historical Pattern
Today, most investors in Toronto Dominion Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Toronto Dominion's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Toronto Dominion book value per share as a starting point in their analysis.
Toronto Dominion Book Value Per Share |
| Timeline |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
Toronto Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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In accordance with the recently published financial statements, the book value per share of Toronto Dominion Bank is about 60 times. This is 26.45% lower than that of the Banks sector and significantly higher than that of the Financials industry. The book value per share for all United States stocks is 96.87% higher than that of the company.
Toronto Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Toronto Dominion's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Toronto Dominion could also be used in its relative valuation, which is a method of valuing Toronto Dominion by comparing valuation metrics of similar companies.Toronto Dominion is currently under evaluation in book value per share category among related companies.
Toronto Dominion Current Valuation Drivers
We derive many important indicators used in calculating different scores of Toronto Dominion from analyzing Toronto Dominion's financial statements. These drivers represent accounts that assess Toronto Dominion's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Toronto Dominion's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 136.8B | 106.4B | 164.4B | 157.9B | 142.1B | 149.2B | |
| Enterprise Value | 144.2B | (23.2B) | 255.3B | 386.1B | 347.5B | 364.9B |
Toronto Dominion ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Toronto Dominion's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Toronto Dominion's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Toronto Fundamentals
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0063 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 45.96 B | |||
| Shares Outstanding | 1.77 B | |||
| Shares Owned By Insiders | 0.10 % | |||
| Shares Owned By Institutions | 58.73 % | |||
| Number Of Shares Shorted | 25.97 M | |||
| Price To Earning | 11.50 X | |||
| Price To Book | 1.35 X | |||
| Price To Sales | 2.01 X | |||
| Revenue | 52.93 B | |||
| Gross Profit | 49.2 B | |||
| EBITDA | 15.86 B | |||
| Net Income | 10.78 B | |||
| Cash And Equivalents | 517.19 B | |||
| Cash Per Share | 285.25 X | |||
| Total Debt | 411.43 B | |||
| Debt To Equity | 15.20 % | |||
| Book Value Per Share | 60.53 X | |||
| Cash Flow From Operations | (65.3 B) | |||
| Short Ratio | 5.79 X | |||
| Earnings Per Share | 4.63 X | |||
| Price To Earnings To Growth | 1.09 X | |||
| Target Price | 65.42 | |||
| Number Of Employees | 103.18 K | |||
| Beta | 0.83 | |||
| Market Capitalization | 104.94 B | |||
| Total Asset | 1.96 T | |||
| Retained Earnings | 73.04 B | |||
| Annual Yield | 0.05 % | |||
| Five Year Return | 3.86 % | |||
| Net Asset | 1.96 T | |||
| Last Dividend Paid | 3.9 |
About Toronto Dominion Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Toronto Dominion Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toronto Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toronto Dominion Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When determining whether Toronto Dominion Bank is a strong investment it is important to analyze Toronto Dominion's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Toronto Dominion's future performance. For an informed investment choice regarding Toronto Stock, refer to the following important reports:Check out Toronto Dominion Piotroski F Score and Toronto Dominion Altman Z Score analysis. Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Complementary Tools for Toronto Stock analysis
When running Toronto Dominion's price analysis, check to measure Toronto Dominion'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 Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.888 | Dividend Share 3.9 | Earnings Share 4.63 | Revenue Per Share 27.824 | Quarterly Revenue Growth 0.104 |
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine if Toronto Dominion is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.