TMX Group (TSX:X) Marketable Securities: C$143 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:X TMX Group Ltd TSX:X
92 GF Score
Price C$49.63
GF Value C$57.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is TMX Group Marketable Securities?

TMX Group TSX:X -1.23% 92 Marketable Securities is C$143 Mil as of Mar. 2026. GuruFocus rates TSX:X with a GF Score™ of 92/100 and a GF Value™ of C$57.29 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. TMX Group's Marketable Securities for the quarter that ended in Mar. 2026 was C$143 Mil.

TMX Group's annual Marketable Securities declined from Dec. 2023 (C$119 Mil) to Dec. 2024 (C$108 Mil) but then increased from Dec. 2024 (C$108 Mil) to Dec. 2025 (C$165 Mil).

TMX Group  (TSX:X) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

TMX Group Marketable Securities Related Terms

TMX Group Marketable Securities Historical Data

* Premium members only.

The historical data trend for TMX Group's Marketable Securities 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.

TMX Group Marketable Securities Chart

TMX Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.30 117.40 118.50 108.40 164.60

TMX Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Marketable Securities 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 119.30 148.90 148.30 164.60 143.20
TSX:X
92GF Score
TMX Group Ltd TSX:X
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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TMX Group Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of C$143 Mil mean?
TMX Group (TSX:X) has a Marketable Securities of C$143 Mil as of Mar. 2026. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on TMX Group and its competitors.
Is TMX Group's Marketable Securities too high?
TMX Group's current Marketable Securities is C$143 Mil. Overall, TMX Group has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TMX Group's Marketable Securities compare to SPGI and CME?
TMX Group's Marketable Securities of C$143 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Capital Markets company?
A good Marketable Securities depends on the Capital Markets industry context. However, Marketable Securities 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 Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on TMX Group and its competitors. TMX Group's current Marketable Securities is C$143 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TMX Group stock overvalued right now?
Based on GuruFocus' analysis, TMX Group (TSX:X) is currently considered Modestly Undervalued. The stock's GF Value™ is C$57.29, compared to a current price of C$49.63 — trading 13.4% below its estimated fair value. The current Marketable Securities is C$143 Mil. TMX Group's overall GF Score™ is 92/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For TMX Group (TSX:X), the current Marketable Securities is C$143 Mil as of Mar. 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 TMX Group (TSX:X) Overvalued in 2026?

Based on GuruFocus' analysis, TMX Group stock appears to be undervalued. The current stock price of C$49.63 is trading 13.4% below its estimated GF Value™ of C$57.29. GuruFocus considers TMX Group to be Modestly Undervalued.

Key valuation signals for TSX:X:

  • Marketable Securities: C$143 Mil
  • GF Value™: C$57.29 vs. price of C$49.63 (13.4% below fair value)
  • GF Score™: 92/100 with 5 warning signs

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

TMX Group Business Description

Other Exchanges TMXXF:USA9TX:Germany
Address 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several markets to provide investment opportunities for its clients. The company has four operating segments: Global Solutions, Insights & Analytics, Capital Formation, Derivatives Trading & Clearing, and Equities and Fixed Income Trading & Clearing. The maximum of its revenue is from Global Solutions, Insights & Analytics, which deliver equities data, index data as well as integrated data sets to fuel high value proprietary and third party analytics, which help clients make trading and investment decisions. The company geographically operates in Canada, USA, UK, Germany, and Other Countries, with maximum revenue from Canada.
92GF Score

Get the complete analysis for TSX:X

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

C$49.63
Price
C$57.29
GF Value