Dashboard
1
Strong Long Term Fundamental Strength with a 20.33% CAGR growth in Net Sales
2
Healthy long term growth as Net Sales has grown by an annual rate of 20.33%
3
Flat results in Jun 25
4
With ROE of 8.96%, it has a very expensive valuation with a 3.17 Price to Book Value
5
Majority shareholders : FIIs
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.88%
0%
-6.88%
6 Months
-8.53%
0%
-8.53%
1 Year
15.7%
0%
15.7%
2 Years
71.4%
0%
71.4%
3 Years
-63.47%
0%
-63.47%
4 Years
-58.8%
0%
-58.8%
5 Years
-60.17%
0%
-60.17%
TMX Group Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
20.33%
EBIT Growth (5y)
12.65%
EBIT to Interest (avg)
12.74
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
23.29%
Dividend Payout Ratio
43.21%
Pledged Shares
0
Institutional Holding
0.04%
ROCE (avg)
17.12%
ROE (avg)
9.91%
Valuation key factors
Factor
Value
P/E Ratio
34
Industry P/E
Price to Book Value
3.06
EV to EBIT
19.03
EV to EBITDA
15.36
EV to Capital Employed
3.29
EV to Sales
4.72
PEG Ratio
23.50
Dividend Yield
NA
ROCE (Latest)
17.28%
ROE (Latest)
8.96%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
No Trend
Shareholding Snapshot : Mar 2025
Shareholding Compare (%holding) 
Majority shareholders
Foreign Institutions
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 1 Foreign Institutions (0.04%)
Strategic Entities with highest holding
Highest Public shareholder
Quarterly Results Snapshot (Consolidated) - Jun'25 - YoY
Jun'25
Jun'24
Change(%)
Net Sales
770.50
773.00
-0.32%
Operating Profit (PBDIT) excl Other Income
236.70
205.10
15.41%
Interest
22.80
27.50
-17.09%
Exceptional Items
1.60
-0.60
366.67%
Consolidate Net Profit
90.40
109.70
-17.59%
Operating Profit Margin (Excl OI)
249.30%
212.00%
3.73%
USD in Million.
Net Sales
YoY Growth in quarter ended Jun 2025 is -0.32% vs 11.85% in Jun 2024
Consolidated Net Profit
YoY Growth in quarter ended Jun 2025 is -17.59% vs 3.78% in Jun 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
2,972.60
2,898.30
2.56%
Operating Profit (PBDIT) excl Other Income
818.70
652.50
25.47%
Interest
107.30
45.50
135.82%
Exceptional Items
4.80
2.80
71.43%
Consolidate Net Profit
526.90
388.20
35.73%
Operating Profit Margin (Excl OI)
219.70%
186.30%
3.34%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 2.56% vs 55.60% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 35.73% vs -33.28% in Dec 2023
About TMX Group Ltd. 
TMX Group Ltd.
Capital Markets
TMX Group Ltd is Canada-based company, which operates in global markets and builds digital communities and analytic solutions that facilitate the funding of businesses, traders and investors. The Company’s operating segments include capital formation, equities and fixed income trading and clearing, derivatives trading and clearing and global solutions, insights and analytics. The capital formation expands the capital market community to facilitate capital raising for issuers and to provide access to alternative sources of capital. It includes Toronto stock exchange (TSX) and TSX venture exchange (TSXV). The derivatives trading and clearing segment includes new product creation and leverage market position. It includes Montreal exchange and Canadian derivatives clearing corporation (CDCC).
Company Coordinates 
Company Details
300-100 Adelaide St W , TORONTO ON : M5H 1S3
Registrar Details






