TMX Group (TSX:X) Tariff Resilience Score: 8/10 (As of Jul. 11, 2026)


TSX:X TMX Group Ltd TSX:X
94 GF Score
Price C$48.40
GF Value C$57.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is TMX Group Tariff Resilience Score?

TMX Group TSX:X +1.09% 94 Tariff Resilience Score is 8 as of Jul. 11, 2026. GuruFocus rates TSX:X with a GF Score™ of 94/100 and a GF Value™ of C$57.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 830 Capital Markets companies, TMX Group ranks better than 94.94% on this metric.

TMX Group has the Tariff Resilience Score of 8, which implies that the company might have Highly Resilient.

TMX Group has TMX Group's financial services are not directly impacted by tariffs. Its operations are primarily domestic, with limited exposure to international trade policies, enhancing its resilience.

Tariff Resilience Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more.

The company's exposure to international trade tariffs based on these criteria:

1. Global supply chain dependencies
2. Manufacturing locations versus sales markets
3. Import/export balance and percentage of revenue
4. Historical impact from previous tariff changes
5. Available mitigation strategies (alternative suppliers, pricing power)
6. Industry-specific tariff exemptions or vulnerabilities

Based on the research, GuruFocus believes TMX Group might have Highly Resilient.

TMX Group  (TSX:X) Tariff Resilience Score Explanation

The Tariff Resilience Score ranges from 0 to 10, with 10 as the most resilient. GuruFocus divided Moat Score into following 3 categories:

Tariff Resilience Score Resilience Level
7 - 10Highly Resilient
4 - 6Average Resilient
0 - 3Highly Vulnerable

TMX Group Tariff Resilience Score Related Terms

TSX:X vs SPGI, CME, MCO: Tariff Resilience Score Comparison

For the Financial Data & Stock Exchanges subindustry, TMX Group's Tariff Resilience Score, along with its competitors' market caps and Tariff Resilience Score 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 Tariff Resilience Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's Tariff Resilience Score distribution charts can be found below:

* The bar in red indicates where TMX Group's Tariff Resilience Score falls into.


TSX:X
94GF Score
TMX Group Ltd TSX:X
Tariff Resilience Score is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Tariff Resilience Score of 8 mean?
TMX Group (TSX:X) has a Tariff Resilience Score of 8 as of Jul. 11, 2026. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. According to the industry distribution chart, TMX Group ranks #42 out of 830 companies in the Capital Markets industry, placing it in the top 5.1%.
Is TMX Group's Tariff Resilience Score too high?
TMX Group's current Tariff Resilience Score is 8. Based on the distribution chart, TMX Group ranks #42 out of 830 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, TMX Group has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TMX Group's Tariff Resilience Score compare to SPGI and CME?
According to the Capital Markets industry distribution chart, TMX Group ranks #42 out of 830 companies for Tariff Resilience Score. This places TMX Group in the top 5% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tariff Resilience Score for a Capital Markets company?
A good Tariff Resilience Score depends on the Capital Markets industry context. However, Tariff Resilience Score 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 Tariff Resilience Score mean?
A high Tariff Resilience Score can signal that a stock is expensive relative to its fundamentals. Tariff Score is a ranking system developed by GuruFocus to measure a company's exposure to international trade tariffs, rated on a scale from 0 to 10. It takes into account key factors such as global supply chain dependencies, manufacturing locations versus sales markets, import / export balance and percentage of revenue, and more. TMX Group's current Tariff Resilience Score is 8. 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$57.16, compared to a current price of C$48.40 — trading 15.3% below its estimated fair value. The current Tariff Resilience Score is 8. TMX Group's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tariff Resilience Score calculated?
Tariff Resilience Score is calculated from a company's financial statements. For TMX Group (TSX:X), the current Tariff Resilience Score is 8 as of Jul. 11, 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$48.40 is trading 15.3% below its estimated GF Value™ of C$57.16. GuruFocus considers TMX Group to be Modestly Undervalued.

Key valuation signals for TSX:X:

  • Tariff Resilience Score: 8
  • GF Value™: C$57.16 vs. price of C$48.40 (15.3% below fair value)
  • GF Score™: 94/100 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.
94GF Score

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

C$48.40
Price
C$57.16
GF Value