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TMX Group (TSX:X) EV-to-EBITDA

: 4.55 (As of Today)
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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TMX Group's enterprise value is C$10,819 Mil. TMX Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,380 Mil. Therefore, TMX Group's EV-to-EBITDA for today is 4.55.

The historical rank and industry rank for TMX Group's EV-to-EBITDA or its related term are showing as below:

TSX:X' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.02   Med: 12.49   Max: 39.31
Current: 4.55

During the past 13 years, the highest EV-to-EBITDA of TMX Group was 39.31. The lowest was 4.02. And the median was 12.49.

TSX:X's EV-to-EBITDA is ranked better than
71.08% of 498 companies
in the Capital Markets industry
Industry Median: 9.35 vs TSX:X: 4.55

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-23), TMX Group's stock price is C$36.41. TMX Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.278. Therefore, TMX Group's PE Ratio for today is 28.49.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


TMX Group EV-to-EBITDA Historical Data

The historical data trend for TMX Group's EV-to-EBITDA 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.

* Premium members only.

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.85 11.87 12.04 5.34 4.12

TMX Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 5.34 4.87 4.48 4.04 4.12

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, TMX Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


TMX Group EV-to-EBITDA Distribution

For the Capital Markets industry and Financial Services sector, TMX Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TMX Group's EV-to-EBITDA falls into.



TMX Group EV-to-EBITDA Calculation

TMX Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10818.853/2379.7
=4.55

TMX Group's current Enterprise Value is C$10,819 Mil.
TMX Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2,380 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.


TMX Group  (TSX:X) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

TMX Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=36.41/1.278
=28.49

TMX Group's share price for today is C$36.41.
TMX Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.278.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


TMX Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of TMX Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


TMX Group (TSX:X) Business Description

Traded in Other Exchanges
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.