EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, The Toronto-Dominion Bank's Enterprise Value is C$649,193 Mil.
The Toronto-Dominion Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was C$-10,646 Mil. Therefore, The Toronto-Dominion Bank's EV-to-FCF for today is -60.98.
The historical rank and industry rank for The Toronto-Dominion Bank's EV-to-FCF or its related term are showing as below:
TSX:TD'
s EV-to-FCF Range Over the Past 10 Years
Min: -713.52 Med: 4.47 Max: 815.22
Current: -60.98
During the past 13 years, the highest EV-to-FCF of The Toronto-Dominion Bank was 815.22. The lowest was -713.52. And the median was 4.47.
TSX:TD's EV-to-FCF is ranked worse than 100% of 1195
companies
in the Banks industry
Industry Median: 6.52
vs TSX:TD: -60.98
EV-to-FCF 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 (TSX:TD) EV-to-FCF Explanation
EV-to-FCF 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:
The Toronto-Dominion Bank's share price for today is C$170.03.
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 C$8.500.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
The Toronto-Dominion Bank EV-to-FCF Related Terms
The Toronto-Dominion Bank EV-to-FCF Historical Data
* 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.
For the Banks - Diversified subindustry, The Toronto-Dominion Bank's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Banks Industry
For the Banks industry and Financial Services sector, The Toronto-Dominion Bank's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where The Toronto-Dominion Bank's EV-to-FCF falls into.
The Toronto-Dominion Bank's current Enterprise Value is C$649,193 Mil.
The Toronto-Dominion Bank's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10,646 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.
The Toronto-Dominion Bank (TSX:TD) has a EV-to-FCF of -60.98 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Toronto-Dominion Bank and its competitors. According to the industry distribution chart, The Toronto-Dominion Bank ranks #999999 out of 1195 companies in the Banks industry.
Is The Toronto-Dominion Bank's EV-to-FCF too high?
The Toronto-Dominion Bank's current EV-to-FCF is -60.98. Based on the distribution chart, The Toronto-Dominion Bank ranks #999999 out of 1195 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, The Toronto-Dominion Bank has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Toronto-Dominion Bank's EV-to-FCF compare to JPM and BAC?
According to the Banks industry distribution chart, The Toronto-Dominion Bank ranks #999999 out of 1195 companies for EV-to-FCF. This places The Toronto-Dominion Bank in the lower half of its industry. The industry median EV-to-FCF is 6.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.52, based on 1,195 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Toronto-Dominion Bank and its competitors. For the Banks industry, the median EV-to-FCF is 6.52 — 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-FCF is -60.98. 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 (TSX:TD) is currently considered Significantly Overvalued. The stock's GF Value™ is C$108.73, compared to a current price of C$170.03 — trading 56.4% above its estimated fair value. The current EV-to-FCF is -60.98. The Toronto-Dominion Bank's overall GF Score™ is 76/100 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For The Toronto-Dominion Bank (TSX:TD), the current EV-to-FCF is -60.98 as of Jun. 27, 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 (TSX:TD) Overvalued in 2026?
Based on GuruFocus' analysis, The Toronto-Dominion Bank stock appears to be overvalued.
The current stock price of C$170.03 is trading 56.4% above its estimated GF Value™ of C$108.73.
GuruFocus considers The Toronto-Dominion Bank to be Significantly Overvalued.
Key valuation signals for TSX:TD:
EV-to-FCF: -60.98
GF Value™: C$108.73 vs. price of C$170.03 (56.4% above fair value)
No single metric tells the full story. See the TSX:TD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
76GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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