The Toronto-Dominion Bank (FRA:TDB) EV-to-OCF: -78.02 (As of Aug. 18, 2026)

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FRA:TDB The Toronto-Dominion Bank FRA:TDB
74 GF Score
Price €107.06
GF Value €66.22
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is The Toronto-Dominion Bank EV-to-OCF?

The Toronto-Dominion Bank FRA:TDB +0.73% 74 EV-to-OCF is -78.02 as of Aug. 18, 2026. GuruFocus rates FRA:TDB with a GF Score™ of 74/100 and a GF Value™ of €66.22 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,499 Banks companies, The Toronto-Dominion Bank ranks better than 98.53% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, The Toronto-Dominion Bank's Enterprise Value is €406,916 Mil. The Toronto-Dominion Bank's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was €-5,216 Mil. Therefore, The Toronto-Dominion Bank's EV-to-OCF for today is -78.02.

The historical rank and industry rank for The Toronto-Dominion Bank's EV-to-OCF or its related term are showing as below:

FRA:TDB' s EV-to-OCF Range Over the Past 10 Years
Min: -90   Med: 6.97   Max: 2349.69
Current: -78.91

During the past 13 years, the highest EV-to-OCF of The Toronto-Dominion Bank was 2349.69. The lowest was -90.00. And the median was 6.97.

FRA:TDB's EV-to-OCF is ranked better than
98.53% of 1499 companies
in the Banks industry
Industry Median: 3.92 vs FRA:TDB: -78.91

EV-to-OCF 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 (TTM) to determine the fair market value of a company.

As of today (2026-08-18), The Toronto-Dominion Bank's stock price is €107.06. The Toronto-Dominion Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was €5.270. Therefore, The Toronto-Dominion Bank's PE Ratio (TTM) for today is 20.31.


The Toronto-Dominion Bank  (FRA:TDB) EV-to-OCF Explanation

EV-to-OCF 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 (TTM) to determine the fair market value of a company.

The Toronto-Dominion Bank's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=107.06/5.270
=20.31

The Toronto-Dominion Bank's share price for today is €107.06.
The Toronto-Dominion Bank's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.270.

* 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. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


The Toronto-Dominion Bank EV-to-OCF Related Terms


The Toronto-Dominion Bank EV-to-OCF Historical Data

* Premium members only.

The historical data trend for The Toronto-Dominion Bank's EV-to-OCF 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.

The Toronto-Dominion Bank EV-to-OCF Chart

The Toronto-Dominion Bank Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.19 10.22 -6.83 7.79 -7.63

The Toronto-Dominion Bank Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-OCF 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 14.65 24.76 -7.63 -85.55 -73.69

FRA:TDB vs JPM, BAC, WFC: EV-to-OCF Comparison

For the Banks - Diversified subindustry, The Toronto-Dominion Bank's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


The Toronto-Dominion Bank EV-to-OCF vs Banks Industry

For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where The Toronto-Dominion Bank's EV-to-OCF falls into.


FRA:TDB
74GF Score
The Toronto-Dominion Bank FRA:TDB
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Toronto-Dominion Bank EV-to-OCF Calculation

The Toronto-Dominion Bank's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=406916.339/-5215.517
=-78.02

The Toronto-Dominion Bank's current Enterprise Value is €406,916 Mil.
The Toronto-Dominion Bank's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5,216 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of -78.02 mean?
The Toronto-Dominion Bank (FRA:TDB) has a EV-to-OCF of -78.02 as of Aug. 18, 2026. According to the industry distribution chart, The Toronto-Dominion Bank ranks #22 out of 1499 companies in the Banks industry, placing it in the top 1.5%.
Is The Toronto-Dominion Bank's EV-to-OCF too high?
The Toronto-Dominion Bank's current EV-to-OCF is -78.02. Based on the distribution chart, The Toronto-Dominion Bank ranks #22 out of 1499 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, The Toronto-Dominion Bank has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Toronto-Dominion Bank's EV-to-OCF compare to JPM and BAC?
According to the Banks industry distribution chart, The Toronto-Dominion Bank ranks #22 out of 1499 companies for EV-to-OCF. This places The Toronto-Dominion Bank in the top 2% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 3.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Banks company?
The median EV-to-OCF among Banks companies is 3.92, based on 1,499 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Banks industry, the median EV-to-OCF is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Toronto-Dominion Bank's current EV-to-OCF is -78.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Toronto-Dominion Bank stock overvalued right now?
Based on GuruFocus' analysis, The Toronto-Dominion Bank (FRA:TDB) is currently considered Significantly Overvalued. The stock's GF Value™ is €66.22, compared to a current price of €107.06 — trading 61.7% above its estimated fair value. The current EV-to-OCF is -78.02. The Toronto-Dominion Bank's overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For The Toronto-Dominion Bank (FRA:TDB), the current EV-to-OCF is -78.02 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Toronto-Dominion Bank (FRA:TDB) Overvalued in 2026?

Based on GuruFocus' analysis, The Toronto-Dominion Bank stock appears to be overvalued. The current stock price of €107.06 is trading 61.7% above its estimated GF Value™ of €66.22. GuruFocus considers The Toronto-Dominion Bank to be Significantly Overvalued.

Key valuation signals for FRA:TDB:

  • EV-to-OCF: -78.02
  • GF Value™: €66.22 vs. price of €107.06 (61.7% above fair value)
  • GF Score™: 74/100 with 8 warning signs

No single metric tells the full story. See the FRA:TDB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Toronto-Dominion Bank Business Description

Address Toronto-Dominion Centre, P.O. Box 1, Toronto, ON, CAN, M5K 1A2
Toronto-Dominion is one of Canada's two largest banks with over CAD 2 trillion in assets by the end of April 2026. TD Bank operates four business segments: Canadian personal and commercial banking, US retail banking, wealth management and insurance, and wholesale banking. The bank derives more than 50% of its revenue from Canada and has dominant market shares in nearly all banking products and services. TD has around 44% of its revenue from its US operations. Its US footprint spans from Maine to Florida, with a strong presence in the Northeast.
74GF Score

Get the complete analysis for FRA:TDB

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€107.06
Price
€66.22
GF Value