As of 2025-05-21, the Intrinsic Value of TMX Group Ltd (X.TO) is 66.45 CAD. This X.TO valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 54.35 CAD, the upside of TMX Group Ltd is 22.30%.
The range of the Intrinsic Value is 34.16 - 469.40 CAD
Based on its market price of 54.35 CAD and our intrinsic valuation, TMX Group Ltd (X.TO) is undervalued by 22.30%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 34.16 - 469.40 | 66.45 | 22.3% |
| DCF (Growth 10y) | 39.22 - 485.63 | 72.49 | 33.4% |
| DCF (EBITDA 5y) | 34.86 - 40.63 | 38.18 | -29.7% |
| DCF (EBITDA 10y) | 39.31 - 48.32 | 44.10 | -18.9% |
| Fair Value | 30.66 - 30.66 | 30.66 | -43.59% |
| P/E | 31.46 - 54.87 | 41.87 | -23.0% |
| EV/EBITDA | 27.00 - 53.92 | 40.33 | -25.8% |
| EPV | 24.87 - 34.12 | 29.50 | -45.7% |
| DDM - Stable | 25.88 - 238.73 | 132.31 | 143.4% |
| DDM - Multi | 29.51 - 201.52 | 50.58 | -6.9% |
| Market Cap (mil) | 15,110.93 |
| Beta | 0.60 |
| Outstanding shares (mil) | 278.03 |
| Enterprise Value (mil) | 17,007.03 |
| Market risk premium | 5.10% |
| Cost of Equity | 6.48% |
| Cost of Debt | 4.41% |
| WACC | 6.08% |