Added to YB: 2025-09-15
Pitch date: 2025-09-12
X.TO [neutral]
TMX Group Limited
-2.94%
current return
Author Info
No bio for this author
Company Info
TMX Group Limited operates exchanges, markets, and clearinghouses primarily for capital markets in Canada, the United States, the United Kingdom, Germany, and internationally.
Market Cap
CAD 14.6B
Pitch Price
CAD 53.66
Price Target
N/A
Dividend
1.68%
EV/EBITDA
18.52
P/E
34.76
EV/Sales
10.36
Sector
Capital Markets
Category
N/A
Stock exchange operator shares - TMX Group Limited
X.TO (quick overview): Owns Toronto Stock Exchange (TSX) among top 10 globally, plus TSXV/TSXA & clearing firms CDS/CDCC. Strong in raw materials sector. Faces competition from Cboe's NEO platform & CSE. Tech-advanced with 2014 Quantum XA system reducing latency. Recent revenue growth includes acquisitions (iNDEX, Bond Indices, ETF Stream). CAD down -8% vs EUR over 10yrs.
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