This report should not be construed as providing investment advice. It is for educational purposes only.  Before making any investment decision, you should always do your own research or consult a investment professional.
While I try to be accurate, I assume no responsibility for any figure in this spreadsheet. Estimates Estimates Estimates
See my website on stocks or see my blog at the following sites.  https://spbrunner.com/stocks.html https://spbrunner.blogspot.com/ Q1 2023
TMX Group Ltd TSX: X OTC: TMXXF https://www.tmx.com/ Fiscal Yr: Dec 31
Year 12/31/10 12/31/11 12/31/12 12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24 1/1/26 Value Description #Y Item Total G
Accounting Rules C GAAP IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS IFRS
Split Date 5/30/23
Split re-organzed 5
$1,128.6 <-12 mths 1.07%
Revenue* $575.5 $673.5 $294.5 $700.5 $717.3 $717.0 $742.0 $668.9 $817.1 $806.9 $865.1 $980.7 $1,116.6 $1,195 $1,257 279.15% <-Total Growth 10 Revenue 2012 is
Increase 3.44% 17.04% -56.27% 137.86% 2.40% -0.04% 3.49% -9.85% 22.16% -1.25% 7.21% 13.36% 13.86% 7.02% 5.19% 14.26% <-IRR #YR-> 10 Revenue 279.15%
5 year Running Average $488.5 $552.6 $526.6 $560.1 $592.3 $620.6 $634.3 $709.1 $732.5 $750.4 $780.0 $827.7 $917.3 $992.9 $1,082.9 10.79% <-IRR #YR-> 5 Revenue 66.93%
Revenue per Share $1.55 $1.80 $1.10 $2.59 $2.64 $2.64 $2.70 $2.42 $2.93 $2.87 $3.07 $3.51 $4.01 $4.29 $4.52 5.71% <-IRR #YR-> 10 5 yr Running Average 74.19%
Increase 3.35% 16.61% -39.29% 136.31% 2.02% -0.18% 2.30% -10.44% 21.27% -2.03% 7.08% 14.21% 14.27% 7.02% 5.19% 5.28% <-IRR #YR-> 5 5 yr Running Average 29.35%
5 year Running Average $1.36 $1.51 $1.48 $1.71 $1.94 $2.15 $2.33 $2.60 $2.66 $2.71 $2.80 $2.96 $3.28 $3.55 $3.88 13.86% <-IRR #YR-> 10 Revenue per Share 266.10%
P/S (Price/Sales) Med 4.19 4.59 8.57 3.85 4.12 3.49 4.03 5.99 5.43 6.61 7.52 7.51 6.62 5.11 0.00 10.67% <-IRR #YR-> 5 Revenue per Share 66.04%
P/S (Price/Sales) Close 4.78 4.62 9.26 3.94 3.83 2.72 5.30 5.83 4.83 7.84 8.27 7.31 6.66 6.83 6.49 8.31% <-IRR #YR-> 10 5 yr Running Average 122.17%
*Revenue in M CDN $  P/S Med 20 yr  5.71 15 yr  5.19 10 yr  5.57 5 yr  7.31 22.64% Diff M/C 4.78% <-IRR #YR-> 5 5 yr Running Average 26.30%
-$294.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $1,116.6
-$668.9 $0.0 $0.0 $0.0 $0.0 $1,116.6
-$526.6 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $917.3
-$709.1 $0.0 $0.0 $0.0 $0.0 $917.3
-$1.10 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.01
-$2.42 $0.00 $0.00 $0.00 $0.00 $4.01
-$1.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.28
-$2.60 $0.00 $0.00 $0.00 $0.00 $3.28
$400.0 <-12 mths 0.23%
$1.46 <-12 mths 2.52%
Adjusted Net Income  $401.2 $399.1
Diluted Calc. $1.42 $1.43
Pre-split '23 $2.66 $0.03 $0.95 $3.38 $3.84 $3.64 $4.49 $4.69 $5.20 $5.36 $5.93 $7.14 $7.16
Adjusted EPS Basic $0.53 $0.01 $0.19 $0.68 $0.77 $0.73 $0.90 $0.94 $1.04 $1.07 $1.19 $1.43 $1.43 96.70% <-Total Growth 10 AEPS
Pre-split '23 $2.33 $0.03 $0.95 $3.38 $3.84 $3.64 $4.47 $4.65 $5.16 $4.38 $5.88 $7.10 $7.13
AEPS* Dilued $0.47 $0.01 $0.19 $0.68 $0.77 $0.73 $0.89 $0.93 $1.03 $0.88 $1.18 $1.42 $1.43 $1.50 $1.62 $1.71 95.88% <-Total Growth 10 AEPS
Increase -10.04% -98.71% 3066.67% 255.79% 13.61% -5.21% 22.80% 4.03% 10.97% -15.12% 34.25% 20.75% 0.42% 5.19% 8.00% 5.56% 10 0 10 Years of Data, EPS P or N 100.00%
AEPS Yield 6.30% 0.07% 1.87% 6.62% 7.59% 10.17% 6.25% 6.60% 7.30% 3.90% 4.62% 5.54% 5.34% 5.12% 5.53% 5.83% 22.33% <-IRR #YR-> 10 AEPS 650.53%
5 year Running Average $0.40 $0.34 $0.37 $0.42 $0.47 $0.65 $0.80 $0.87 $0.89 $0.98 $1.09 $1.19 $1.28 $1.43 $1.54 8.92% <-IRR #YR-> 5 AEPS 53.33%
Payout Ratio 66.09% 5333.33% 168.42% 47.34% 41.67% 43.96% 36.91% 41.94% 43.41% 56.62% 46.26% 42.39% 46.56% 46.40% 42.96% 40.70% 13.19% <-IRR #YR-> 10 5 yr Running Average 245.17%
5 year Running Average 1115.64% 1136.61% 1134.77% 1131.37% 1126.94% 67.66% 42.36% 41.58% 44.57% 45.03% 46.12% 47.05% 47.65% 44.92% 43.80% 8.21% <-IRR #YR-> 5 5 yr Running Average 48.40%
Price/AEPS Median 13.90 1379.33 49.41 14.73 14.18 12.63 12.16 15.57 15.42 21.64 19.66 18.56 18.62 14.63 0.00 0.00 15.49 <-Median-> 10 Price/AEPS Median
Price/AEPS High 16.09 1506.67 43.56 16.79 15.80 15.15 16.23 17.15 17.35 27.23 24.23 20.00 19.98 19.97 0.00 0.00 17.25 <-Median-> 10 Price/AEPS High
Price/AEPS Low 11.72 1252.00 55.25 12.66 12.57 10.10 8.08 13.99 13.49 16.06 15.08 17.11 17.27 17.49 0.00 0.00 13.74 <-Median-> 10 Price/AEPS Low
Price/AEPS Close 15.86 1389.67 53.39 15.10 13.18 9.83 16.00 15.15 13.71 25.67 21.62 18.06 18.72 19.54 18.09 17.14 15.57 <-Median-> 10 Price/AEPS Close
Trailing P/AEPS Close 14.27 17.89 1690.67 53.72 14.97 9.32 19.65 15.76 15.21 21.79 29.03 21.81 18.80 20.55 19.54 18.09 19.23 <-Median-> 10 Trailing P/AEPS Close
Median Values DPR 10 Yrs 43.68% 5 Yrs   46.26% P/CF 5 Yrs   in order 18.62 20.00 16.06 18.72 4.93% Diff M/C DPR 75% to 95% best
* Adjusted Earnings per Share
-$0.19 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.43
-$0.93 $0.00 $0.00 $0.00 $0.00 $1.43
-$0.34 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.19
-$0.80 $0.00 $0.00 $0.00 $0.00 $1.19
-$1.22 <-12 mths -163.05%
Difference Basic and Diluted 0.00% 0.31% 0.00% 0.00% 0.00% 0.00% 0.56% 0.90% 0.78% 0.90% 1.01% 0.66% 0.51% 0.01 <-Median-> 10 Difference Basic and Diluted
Pre-split '23 $2.64 $3.18 $0.73 $2.29 $1.85 -$0.96 $3.60 $6.66 $5.14 $4.42 $4.96 $6.03 $9.74
EPS Basic $0.53 $0.64 $0.15 $0.46 $0.37 -$0.19 $0.72 $1.33 $1.03 $0.88 $0.99 $1.21 $1.95 1234.25% <-Total Growth 10 EPS Basic
Pre-split '03
Pre-split '23 $2.64 $3.17 $0.73 $2.29 $1.85 -$0.96 $3.58 $6.60 $5.10 $4.38 $4.91 $5.99 $9.69 $7.16 $7.58
EPS Diluted* $0.53 $0.63 $0.15 $0.46 $0.37 -$0.19 $0.72 $1.32 $1.02 $0.88 $0.98 $1.20 $1.94 $1.28 $1.40 1227.40% <-Total Growth 10 EPS Diluted
Increase 87.23% 20.08% -76.97% 213.70% -19.21% -151.89% 472.92% 84.36% -22.73% -14.12% 12.10% 22.00% 61.77% -33.95% 9.37% 9 1 10 Years of Data, EPS P or N 90.00%
Earnings Yield 7.1% 7.6% 1.4% 4.5% 3.7% -2.7% 5.0% 9.4% 7.2% 3.9% 3.9% 4.7% 7.3% 4.4% 4.8% 29.51% <-IRR #YR-> 10 Earnings per Share 1227.40%
5 year Running Average $0.42 $0.47 $0.42 $0.41 $0.43 $0.28 $0.30 $0.53 $0.65 $0.75 $0.98 $1.08 $1.20 $1.25 $1.36 7.98% <-IRR #YR-> 5 Earnings per Share 46.82%
10 year Running Average $0.30 $0.36 $0.36 $0.39 $0.40 $0.35 $0.39 $0.48 $0.53 $0.59 $0.63 $0.69 $0.87 $0.95 $1.05 11.18% <-IRR #YR-> 10 5 yr Running Average 188.58%
* ESP per share (Cdn GAAP) P/S 10 yr  0.59 5 yr  0.98 17.62% <-IRR #YR-> 5 5 yr Running Average 125.07%
-$0.15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.94
-$1.32 $0.00 $0.00 $0.00 $0.00 $1.94
-$0.42 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.20
-$0.53 $0.00 $0.00 $0.00 $0.00 $1.20
Dividend Estimates $0.70 $0.72 Estimate Dividend Estimates
Increase 5.42% 2.86% Estimate Increase
Payout Ratio EPS 54.69% 51.43% Estimate Payout Ratio EPS
Pre-split '23
Special Dividend $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 <-Median-> 10 Special Dividends
Pre-split '23 $1.54 $1.60 $1.60 $1.60 $1.60 $1.60 $1.65 $1.95 $2.24 $2.48 $2.72 $3.01 $3.32
Dividend* $0.31 $0.32 $0.32 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $0.66 $0.70 $0.70 $0.70 107.50% <-Total Growth 10 Dividends
Increase 1.32% 3.90% 0.00% 0.00% 0.00% 0.00% 3.13% 18.18% 14.87% 10.71% 9.68% 10.66% 10.30% 4.82% 0.00% 0.00% 13 0 19 Years of data, Count P, N 68.42%
Average Increases 5 Year Running 12.63% 4.07% 1.04% 1.04% 1.04% 0.78% 0.63% 4.26% 7.24% 9.38% 11.31% 12.82% 11.24% 9.23% 7.09% 5.16% 5.75% <-Median-> 10 Average Incr 5 Year Running
Dividends 5 Yr Running $0.30 $0.31 $0.31 $0.31 $0.32 $0.32 $0.32 $0.34 $0.36 $0.40 $0.44 $0.50 $0.55 $0.60 $0.64 $0.67 76.99% <-Total Growth 10 Dividends 5 Yr Running
Yield H/L Price 4.75% 3.87% 3.41% 3.21% 2.94% 3.48% 3.04% 2.69% 2.82% 2.62% 2.35% 2.28% 2.50% 2.48% 2.75% <-Median-> 10 Yield H/L Price
Yield on High  Price 4.11% 3.54% 3.87% 2.82% 2.64% 2.90% 2.27% 2.45% 2.50% 2.08% 1.91% 2.12% 2.33% 2.32% 2.39% <-Median-> 10 Yield on High  Price
Yield on Low Price 5.64% 4.26% 3.05% 3.74% 3.32% 4.35% 4.57% 3.00% 3.22% 3.53% 3.07% 2.48% 2.70% 2.65% 3.27% <-Median-> 10 Yield on Low Price
Yield on Close Price 4.17% 3.84% 3.15% 3.14% 3.16% 4.47% 2.31% 2.77% 3.17% 2.21% 2.14% 2.35% 2.49% 2.37% 2.37% 2.37% 2.63% <-Median-> 10 Yield on Close Price
Payout Ratio EPS 58.33% 50.47% 219.18% 69.87% 86.49% -166.67% 46.09% 29.55% 43.92% 56.62% 55.40% 50.25% 34.26% 54.38% 49.71% #DIV/0! 48.17% <-Median-> 10 DPR EPS
DPR EPS 5 Yr Running 70.00% 64.92% 74.66% 76.76% 74.34% 112.99% 107.48% 62.87% 55.91% 53.05% 44.93% 45.96% 45.79% 47.85% 47.10% #DIV/0! 59.39% <-Median-> 10 DPR EPS 5 Yr Running
Payout Ratio CFPS 40.87% 39.35% -113.04% 34.58% 34.71% 34.77% 28.88% 39.04% 36.00% 40.54% 37.27% 38.11% 41.91% 40.00% 37.42% #DIV/0! 36.64% <-Median-> 10 DPR CF
DPR CF 5 Yr Running 46.60% 44.72% 62.45% 56.95% 50.72% 48.52% 44.38% 34.22% 34.58% 35.88% 36.38% 38.12% 38.83% 39.57% 38.94% #DIV/0! 38.48% <-Median-> 10 DPR CF 5 Yr Running
Payout Ratio CFPS WC 30.64% 32.26% 77.57% 32.30% 25.30% 27.65% 23.78% 28.65% 27.96% 29.90% 30.65% 29.00% 29.03% 40.00% 37.42% #DIV/0! 28.83% <-Median-> 10 DPR CF WC
DPR CF WC 5 Yr Running 47.21% 41.57% 43.16% 39.47% 34.04% 33.21% 30.89% 27.27% 26.70% 27.68% 28.36% 29.27% 29.30% 31.48% 32.88% #DIV/0! 29.28% <-Median-> 10 DPR CF WC 5 Yr Running
Median Values 10 Yr Med 10 Yr Cl 2.75% 2.63% 5 Yr Med 5 Yr Cl 2.50% 2.35% 5 Yr Med Payout 50.25% 38.11% 29.03% 11.23% <-IRR #YR-> 5 Dividends 70.26%
* Dividends per share  10 Yr Med and Cur. -13.79% -9.63% 5 Yr Med and Cur. -5.03% 1.18% Last Div Inc ---> $0.166 $0.174 4.8% 7.57% <-IRR #YR-> 10 Dividends 107.50%
Dividends Growth 15 5.35% <-IRR #YR-> 15 Dividends 118.42%
Dividends Growth 20 12.57% <-IRR #YR-> 19 Dividends -32.03%
Dividends Growth 5 -$0.39 $0.00 $0.00 $0.00 $0.00 $0.66 Dividends Growth 5
Dividends Growth 10 -$0.32 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.66 Dividends Growth 10
Dividends Growth 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.66 Dividends Growth 15
Dividends Growth 20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.66 Dividends Growth 20
Historical Dividends Historical High Div 5.82% Low Div 1.91% 10 Yr High 4.55% 10 Yr Low 1.93% Med Div 2.88% Close Div 2.87% Historical Dividends
High/Ave/Median Values Curr diff Exp. -59.20%     24.33% Exp. -47.81% 23.04% Exp. -17.55% Exp. -17.15% High/Ave/Median 
Future Dividend Yield Div Yd 4.04% earning in 5 Years at IRR of 11.23% Div Inc. 70.26% Future Dividend Yield
Future Dividend Yield Div Yd 6.88% earning in 10 Years at IRR of 11.23% Div Inc. 189.87% Future Dividend Yield
Future Dividend Yield Div Yd 11.72% earning in 15 Years at IRR of 11.23% Div Inc. 393.53% Future Dividend Yield
Div Paid $1.18 earning in 5 Years at IRR of 11.23% Div Inc. 70.26% Future Dividend Paid
Div Paid $2.02 earning in 10 Years at IRR of 11.23% Div Inc. 189.87% Future Dividend Paid
Div Paid $3.43 earning in 15 Years at IRR of 11.23% Div Inc. 393.53% Future Dividend Paid
Total Div $4.35 over 5 Years at IRR of 11.23% Div Cov. 14.86% Dividend Covering Cost
Total Div $10.58 over 10 Years at IRR of 11.23% Div Cov. 36.11% Dividend Covering Cost
Total Div $21.19 over 15 Years at IRR of 11.23% Div Cov. 72.29% Dividend Covering Cost
Yield if held 5 years 4.21% 3.32% 3.35% 4.30% 4.98% 4.94% 3.99% 4.15% 4.50% 4.55% 5.92% 5.54% 4.59% 4.37% 3.67% 3.01% 4.57% <-Median-> 10 Paid Median Price
Yield if held 10 years 9.51% 9.99% 6.51% 4.37% 3.42% 4.08% 6.02% 7.73% 8.40% 7.27% 7.07% 6.99% 6.39% 7.57% 6.79% <-Median-> 10 Paid Median Price
Yield if held 15 years 11.59% 13.99% 10.10% 7.43% 6.24% 6.95% 9.35% 10.84% 10.74% 8.76% <-Median-> 6 Paid Median Price
Yield if held 20 years 19.73% 21.73% 14.17% 9.51% 19.73% <-Median-> 1 Paid Median Price
Item
Cost covered if held 5 years 20.27% 15.96% 16.28% 21.12% 24.74% 24.70% 19.45% 17.90% 18.16% 18.21% 24.02% 22.82% 19.02% 18.87% 16.89% 14.51% 20.29% <-Median-> 10 Paid Median Price EPS
Cost covered if held 10 years 88.86% 85.56% 59.93% 42.13% 32.64% 33.85% 45.41% 55.64% 58.77% 49.42% 47.24% 48.31% 47.60% 60.50% 48.33% <-Median-> 10 Paid Median Price AEPS
Cost covered if held 15 years 138.78% 142.01% 100.32% 72.30% 58.34% 62.66% 85.73% 105.51% 110.54% 86.31% <-Median-> 6 Paid Median Price CFPS
Cost covered if held 20 years 220.62% 235.75% 165.50% 118.11% 220.62% <-Median-> 1 Paid Median Price FCF 
Yr  Item Tot. Growth
Revenue Growth  $668.9 $817.1 $806.9 $865.1 $980.7 $1,116.6 $5,255.3 66.93% <-Total Growth 5 Revenue Growth  66.93%
AEPS Growth $0.93 $1.03 $0.88 $1.18 $1.42 $1.43 $6.86 53.33% <-Total Growth 5 AEPS Growth 53.33%
Net Income Growth $368.0 $286.0 $247.6 $279.7 $338.5 $542.7 $2,062.5 47.47% <-Total Growth 5 Net Income Growth 47.47%
Cash Flow Growth $276.6 $347.1 $344.0 $410.9 $441.4 $441.1 $2,261.1 59.47% <-Total Growth 5 Cash Flow Growth 59.47%
Dividend Growth $0.39 $0.45 $0.50 $0.54 $0.60 $0.66 $3.14 70.26% <-Total Growth 5 Dividend Growth 70.26%
Stock Price Growth $14.09 $14.15 $22.49 $25.43 $25.65 $26.70 89.52% <-Total Growth 5 Stock Price Growth 89.52%
Revenue Growth  $294.5 $700.5 $717.3 $717.0 $742.0 $668.9 $817.1 $806.9 $865.1 $980.7 $1,116.6 $8,426.6 279.15% <-Total Growth 10 Revenue Growth  279.15%
AEPS Growth $0.19 $0.68 $0.77 $0.73 $0.89 $0.93 $1.03 $0.88 $1.18 $1.42 $1.43 $10.12 650.53% <-Total Growth 10 AEPS Growth 650.53%
Net Income Growth $15.3 $123.7 $54.6 -$52.3 $196.4 $368.0 $286.0 $247.6 $279.7 $338.5 $542.7 $2,400.2 3447.06% <-Total Growth 10 Net Income Growth 3447.06%
Cash Flow Growth -$76.1 $250.4 $250.4 $250.3 $314.4 $276.6 $347.1 $344.0 $410.9 $441.4 $441.1 $3,250.5 679.63% <-Total Growth 10 Cash Flow Growth 679.63%
Dividend Growth $0.32 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $0.66 107.50% <-Total Growth 10 Dividend Growth 107.50%
Stock Price Growth $10.14 $10.21 $10.12 $7.16 $14.30 $14.09 $14.15 $22.49 $25.43 $25.65 $26.70 163.21% <-Total Growth 10 Stock Price Growth 163.21%
Dividends on Shares $31.68 $31.68 $31.68 $32.67 $38.61 $44.35 $49.10 $53.86 $59.60 $65.74 $68.90 $68.90 $68.90 $438.97 No of Years 10 Total Divs 12/31/12
Paid  $1,004.26 $1,010.39 $1,001.88 $708.64 $1,416.10 $1,394.71 $1,400.45 $2,226.51 $2,517.37 $2,539.35 $2,643.30 $2,901.69 $2,901.69 $2,901.69 $2,643.30 No of Years 10 Worth $10.14
Total $3,082.27
Based on AEPS $4.90 $0.66 $6.69 $12.74 $13.60 $12.96 $14.61 $15.51 $16.78 $15.66 $18.42 $20.59 $21.44 $22.12 $22.99 $23.62 220.30% <-Total Growth 10 Graham Price AEPS
Increase -0.24% -86.59% 917.28% 90.37% 6.78% -4.75% 12.77% 6.12% 8.19% -6.65% 17.64% 11.73% 4.13% 3.20% 3.92% 2.74% 7.48% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.32 12.58 1.40 0.78 0.80 0.71 0.74 0.93 0.95 1.21 1.25 1.28 1.24 1.27 0.94 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.53 13.74 1.24 0.89 0.89 0.85 0.99 1.03 1.07 1.52 1.55 1.38 1.33 1.35 1.05 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.11 11.42 1.57 0.67 0.71 0.57 0.49 0.84 0.83 0.90 0.96 1.18 1.15 1.19 0.83 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 1.51 12.67 1.52 0.80 0.74 0.55 0.98 0.91 0.84 1.44 1.38 1.25 1.25 1.32 1.27 1.24 0.94 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 50.72% 1167.39% 51.57% -19.90% -25.61% -44.76% -2.12% -9.16% -15.69% 43.60% 38.01% 24.60% 24.56% 32.49% 27.48% 24.08% -5.64% <-Median-> 10 Graham Price
Based on EPS 3 yrs trailing $4.57 $5.60 $10.66 $10.24 $9.98 $8.65 $7.12 $8.80 $13.00 $16.96 $17.67 $17.00 $18.19 $21.24 $18.52 $14.56 70.69% <-Total Growth 10 Graham Price
Increase 1.02% 22.51% 90.22% -3.94% -2.53% -13.29% -17.77% 23.64% 47.81% 30.38% 4.20% -3.80% 7.05% 16.71% -12.78% -21.41% 0.83% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.42 1.48 0.88 0.97 1.09 1.06 1.53 1.65 1.22 1.12 1.31 1.55 1.46 1.32 1.27 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.64 1.61 0.78 1.11 1.22 1.27 2.04 1.81 1.38 1.41 1.61 1.67 1.57 1.41 1.49 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.19 1.34 0.98 0.84 0.97 0.85 1.02 1.48 1.07 0.83 1.00 1.43 1.35 1.24 1.01 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 1.62 1.49 0.95 1.00 1.01 0.83 2.01 1.60 1.09 1.33 1.44 1.51 1.47 1.38 1.58 2.01 1.38 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 53.97% 40.43% -8.79% -0.32% 1.48% -16.19% 54.96% 28.63% 6.84% 35.34% 46.09% 45.76% 34.03% 39.51% 50.48% #DIV/0! 31.33% <-Median-> 10 Graham Price
Graham No. EPS $5.22 $6.76 $5.87 $10.49 $9.44 $9.24 $13.08 $18.48 $16.68 $15.66 $16.84 $18.91 $24.99 $20.44 $21.37 $0.00 325.96% <-Total Growth 10 Graham Price EPS
Increase 43.91% 29.54% -13.25% 78.76% -9.96% -2.17% 41.56% 41.28% -9.72% -6.11% 7.50% 12.31% 32.16% -18.22% 4.58% -100.00% 9.90% <-Median-> 10 Graham Price
Price/GP Ratio Med 1.24 1.22 1.60 0.95 1.15 1.00 0.83 0.78 0.95 1.21 1.37 1.39 1.06 1.37 1.03 <-Median-> 10 Price/GP Ratio Med
Price/GP Ratio High 1.44 1.34 1.41 1.08 1.29 1.19 1.11 0.86 1.07 1.52 1.69 1.50 1.14 1.47 1.17 <-Median-> 10 Price/GP Ratio High
Price/GP Ratio Low 1.05 1.11 1.79 0.82 1.02 0.80 0.55 0.70 0.83 0.90 1.05 1.29 0.99 1.28 0.87 <-Median-> 10 Price/GP Ratio Low
Price/GP Ratio Close 1.42 1.23 1.73 0.97 1.07 0.77 1.09 0.76 0.85 1.44 1.51 1.36 1.07 1.43 1.37 #DIV/0! 1.07 <-Median-> 10 Price/GP Ratio Close
Prem/Disc Close 41.59% 23.29% 72.91% -2.68% 7.17% -22.52% 9.37% -23.75% -15.19% 43.60% 51.03% 35.65% 6.84% 43.42% 37.14% #DIV/0! 7.01% <-Median-> 10 Graham Price
Pre-split '23 $36.96 $41.69 $50.72 $51.03 $50.60 $35.79 $71.52 $70.44 $70.73 $112.45 $127.14 $128.25
Price Close $7.39 $8.34 $10.14 $10.21 $10.12 $7.16 $14.30 $14.09 $14.15 $22.49 $25.43 $25.65 $26.70 $29.31 $29.31 $29.31 163.21% <-Total Growth 10 Stock Price
Increase 11.56% 12.80% 21.66% 0.61% -0.84% -29.27% 99.83% -1.51% 0.41% 58.98% 13.06% 0.87% 4.09% 9.78% 0.00% 0.00% 21.44 <-Median-> 10 CAPE (10 Yr P/E)
P/E 14.00 13.15 69.48 22.28 27.35 -37.28 19.98 10.67 13.87 25.67 25.89 21.41 13.78 22.90 20.94 #DIV/0! 13.64% <-IRR #YR-> 5 Stock Price 89.52%
Trailing P/E 26.21 15.79 16.00 69.90 22.10 19.35 -74.50 19.68 10.72 22.05 29.03 26.12 22.29 15.12 22.90 20.94 10.16% <-IRR #YR-> 10 Stock Price 163.21%
CAPE (10 Yr P/E) 19.70 19.04 21.35 21.33 21.61 23.99 23.23 19.64 19.41 20.15 21.55 22.30 19.61 19.92 19.79 #DIV/0! 16.65% <-IRR #YR-> 5 Price & Dividend 109.07%
Median 10, 5 Yrs  D.  per yr 2.74% 3.01% % Tot Ret 21.21% 18.06% T P/E $22.07 $22.29 P/E:  $20.69 $21.41 12.90% <-IRR #YR-> 10 Price & Dividend 206.92%
Price 15 D.  per yr 2.39% % Tot Ret 27.21% CAPE Diff 6.80% 6.38% <-IRR #YR-> 15 Stock Price 152.84%
Price  20 D.  per yr 7.13% % Tot Ret 34.61% 13.48% <-IRR #YR-> 20 Stock Price
Price & Dividend 15 8.76% <-IRR #YR-> 15 Price & Dividend 2151.47%
Price & Dividend 20 20.61% <-IRR #YR-> 20 Price & Dividend
Price  5 -$14.09 $0.00 $0.00 $0.00 $0.00 $26.70 Price  5
Price 10 -$10.14 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $26.70 Price 10
Price & Dividend 5 -$14.09 $0.45 $0.50 $0.54 $0.60 $27.36 Price & Dividend 5
Price & Dividend 10 -$10.14 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $27.36 Price & Dividend 10
Price 15 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $26.70 Price 15
Price  20 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $26.70 Price  20
Price & Dividend 15 $0.31 $0.32 $0.32 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $27.36 Price & Dividend 15
Price & Dividend 20 $0.31 $0.32 $0.32 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $27.36 Price & Dividend 20
Price H/L Median $6.48 $8.28 $9.39 $9.96 $10.89 $9.19 $10.87 $14.48 $15.91 $18.96 $23.12 $26.35 $26.56 $28.09 182.89% <-Total Growth 10 Stock Price
Increase 0.92% 27.74% 13.42% 6.06% 9.42% -15.61% 18.21% 33.24% 9.90% 19.15% 21.93% 13.98% 0.78% 5.78% 10.96% <-IRR #YR-> 10 Stock Price 182.89%
P/E 12.27 13.05 64.29 21.74 29.44 -47.88 15.18 10.97 15.60 21.64 23.54 21.99 13.70 21.95 12.90% <-IRR #YR-> 5 Stock Price 83.40%
Trailing P/E 22.98 15.67 14.81 68.19 23.79 24.85 -56.60 20.22 12.06 18.59 26.39 26.83 22.17 14.49 13.83% <-IRR #YR-> 10 Price & Dividend
P/E on Run. 5 yr Ave 15.28 17.45 22.52 24.31 25.50 32.46 36.27 27.09 24.60 25.35 23.52 24.42 22.08 22.39 15.86% <-IRR #YR-> 5 Price & Dividend
P/E on Run. 10 yr Ave 21.26 23.04 26.24 25.79 27.03 26.00 28.08 30.44 30.13 32.27 36.52 38.22 30.57 29.54 21.64 P/E Ratio Historical Median
Median 10, 5 Yrs D.  per yr 2.87% 2.96% % Tot Ret 20.75% 18.67% T P/E 22.98 22.17 P/E:  18.62 21.64 Count 21 Years of data
-$9.39 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $26.56
-$14.48 $0.00 $0.00 $0.00 $0.00 $26.56
-$9.39 $0.32 $0.32 $0.32 $0.33 $0.39 $0.45 $0.50 $0.54 $0.60 $27.22
-$14.48 $0.45 $0.50 $0.54 $0.60 $27.22
High Months Dec Jun Feb Mar Jun May Dec May Aug Sep Jul Aug Dec Jun
Pre-split '23 $37.49 $45.20 $41.38 $56.76 $60.69 $55.16 $72.55 $79.74 $89.52 $119.26 $142.50 $142.00
Price High $7.50 $9.04 $8.28 $11.35 $12.14 $11.03 $14.51 $15.95 $17.90 $23.85 $28.50 $28.40 $28.49 $29.95 244.25% <-Total Growth 10 Stock Price
Increase -1.83% 20.57% -8.45% 37.17% 6.92% -9.11% 31.53% 9.91% 12.26% 33.22% 19.49% -0.35% -0.35% -1.68% 13.16% <-IRR #YR-> 10 Stock Price 244.25%
P/E 14.20 14.26 56.68 24.79 32.81 -57.46 20.27 12.08 17.55 27.23 29.02 23.71 23.71 14.41 12.30% <-IRR #YR-> 5 Stock Price 78.64%
Trailing P/E 26.59 17.12 13.05 77.75 26.50 29.82 -75.57 22.27 13.56 23.38 32.53 28.92 28.92 23.31 25.00 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 27.71 28.92 P/E:  23.71 23.71 28.94 P/E Ratio Historical High
-$8.28 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $28.49
-$15.95 $0.00 $0.00 $0.00 $0.00 $28.49
Low Months Jul Mar Oct Jun Feb Dec Feb Aug Dec Jan Mar Feb Feb Jan
Price Low $5.46 $7.51 $10.50 $8.56 $9.65 $7.35 $7.22 $13.01 $13.92 $14.07 $17.73 $24.30 $24.62 $26.23 134.52% <-Total Growth 10 Stock Price
Increase 4.96% 37.58% 39.75% -18.46% 12.73% -23.79% -1.77% 80.09% 7.01% 1.05% 26.06% 37.01% 1.33% 6.54% 8.90% <-IRR #YR-> 10 Stock Price 134.52%
P/E 10.34 11.85 71.90 18.69 26.08 -38.30 10.09 9.86 13.65 16.06 18.06 20.28 12.70 20.49 13.61% <-IRR #YR-> 5 Stock Price 89.24%
Trailing P/E 19.36 14.23 16.56 58.63 21.07 19.88 -37.63 18.17 10.55 13.79 20.24 24.74 20.55 13.53 16.06 P/E Ratio Historical Median
Median 10, 5 Yrs T P/E 20.06 20.24 P/E:  14.85 16.06 10.19 P/E Ratio Historical Low
-$10.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.62
-$13.01 $0.00 $0.00 $0.00 $0.00 $24.62
$405 <-12 mths 3.32%
Dividend payment Calc $114.53 $119.42 $86.02 $86.59 $86.90 $87.03 $90.79 $108.00 $124.97 $139.46 $153.14 $168.21 $184.86 Dividend payment Calc
Free Cash Flow WSJ $201.70 $272.90 $212.10 $256.90 $254.90 $317.60 $362.80 $360.80 78.88% <-Total Growth 7 Free Cash Flow WSJ, MS
Change 35.30% -22.28% 21.12% -0.78% 24.60% 14.23% -0.55% 14.23% <-Median-> 7 Change Disagree
Free Cash Flow MS $255.10 -$5.00 -$157.30 $266.50 $226.40 $226.60 $300.90 $237.00 $288.30 $286.40 $343.80 $390 $392 $410 $467 349.21% <-Total Growth 10 Free Cash Flow MS,Mrk S
Change -101.96% -3046.00% 269.42% -15.05% 0.09% 32.79% -21.24% 21.65% -0.66% 20.04% 13.44% 0.51% 4.59% 13.90% 10.59% <-IRR #YR-> 5 Free Cash Flow MS 65.40%
FCF/CF from Op Ratio 0.91 -0.02 2.07 1.06 0.90 0.91 0.96 0.86 0.83 0.83 0.84 0.88 0.89 0.85 0.90 #NUM! <-IRR #YR-> 10 Free Cash Flow MS 349.21%
Dividends paid $114.3 $119.4 $86.0 $86.4 $86.8 $87.0 $90.20 $107.80 $124.70 $141.30 $141.30 $168.9 $168.9 $193.77 $193.77 96.35% <-Total Growth 10 Dividends paid
Percentage paid 38.39% 29.98% 45.49% 43.25% 49.34% 41.10% 43.31% 43.09% 47.26% 41.49% $0.43 <-Median-> 8 Percentage paid
5 Year Coverage 41.14% 41.56% 44.26% 43.82% 44.68% 43.27% 5 Year Coverage
Dividend Coverage Ratio 2.60 3.34 2.20 2.31 2.03 2.43 2.31 2.32 2.12 2.41 2.32 <-Median-> 8 Dividend Coverage Ratio
5 Year of Coverage 2.43 2.41 2.26 2.28 2.24 2.31 5 Year of Coverage
-$237 $0 $0 $0 $0 $392
$157 $0 $0 $0 $0 $0 $0 $0 $0 $0 $392
Market Cap $2,749 $3,112 $2,727 $2,762 $2,748 $1,947 $3,935 $3,901 $3,946 $6,324 $7,158 $7,167 $7,433 $8,160 $8,160 $8,160 172.59% <-Total Growth 10 Market Cap 172.59%
Pre-split '23 74.42 74.83 21.10 54.12 54.33 54.38 54.81 55.73 56.09 56.57 56.95 56.47 55.99 56.63
Diluted # of Shares in Millions 372.12 374.16 105.49 270.60 271.67 271.89 274.05 278.65 280.47 282.85 284.75 282.37 279.97 283.17 165.39% <-Total Growth 10 Diluted
Change 0.23% 0.55% -71.81% 156.50% 0.39% 0.08% 0.79% 1.68% 0.65% 0.85% 0.67% -0.83% -0.85% 1.14% 0.01 <-Median-> 10 Change
Difference Diluted/Basic -0.1% -0.3% -0.2% -0.1% -0.2% -0.1% -0.4% -0.8% -0.8% -0.9% -0.9% -0.7% -0.4% -0.7% -0.56% <-Median-> 10 Difference Diluted/Basic
Pre-split '23 74.33 74.58 21.05 54.04 54.24 54.35 54.62 55.29 55.64 56.05 56.43 56.10 55.75 56.24
Basic # of Shares in Millions 371.66 372.88 105.24 270.21 271.21 271.73 273.08 276.43 278.18 280.23 282.13 280.49 278.73 281.19 164.86% <-Total Growth 10 Basic
Change 0.27% 0.33% -71.78% 156.76% 0.37% 0.19% 0.50% 1.23% 0.63% 0.74% 0.68% -0.58% -0.63% 0.88% 0.56% <-Median-> 10 Change
Difference Basic/Outstanding 0.1% 0.1% 155.4% 0.1% 0.1% 0.1% 0.7% 0.2% 0.3% 0.3% -0.2% -0.4% -0.1% -1.0% 0.14% <-Median-> 10 Difference Basic/Outstanding
$458.7 <-12 mths 3.99%
Pre-split '03
Pre-split '23 74.37 74.64 53.76 54.12 54.32 54.39 55.02 55.38 55.79 56.23 56.30 55.88 55.68
# of Share in Millions 371.85 373.20 268.82 270.58 271.58 271.96 275.11 276.92 278.95 281.17 281.51 279.41 278.40 278.40 278.40 278.40 0.35% <-IRR #YR-> 10 Shares 3.57%
Change 0.09% 0.36% -27.97% 0.66% 0.37% 0.14% 1.16% 0.66% 0.73% 0.79% 0.12% -0.74% -0.36% 0.00% 0.00% 0.00% 0.11% <-IRR #YR-> 5 Shares 0.54%
Cash Flow from Operations $M $280.2 $303.5 -$76.1 $250.4 $250.4 $250.3 $314.4 $276.6 $347.1 $344.0 $410.9 $441.4 $441.1 $484.4 $517.8 679.63% <-Total Growth 10 Cash Flow
Increase 36.76% 8.32% -125.07% 429.04% 0.00% -0.04% 25.61% -12.02% 25.49% -0.89% 19.45% 7.42% -0.07% 9.82% 6.90% S.O. S. Iss., Buy Backs
5 year Running Average $228.1 $250.9 $191.3 $192.6 $201.7 $195.7 $197.9 $268.4 $287.8 $306.5 $338.6 $364.0 $396.9 $424.4 $459.1 107.44% <-Total Growth 10 CF 5 Yr Running
CFPS $0.75 $0.81 -$0.28 $0.93 $0.92 $0.92 $1.14 $1.00 $1.24 $1.22 $1.46 $1.58 $1.58 $1.74 $1.86 659.68% <-Total Growth 10 Cash Flow per Share
Increase 36.64% 7.93% -134.81% 426.90% -0.37% -0.18% 24.17% -12.60% 24.57% -1.67% 19.31% 8.23% 0.29% 9.82% 6.90% #NUM! <-IRR #YR-> 10 Cash Flow 679.63%
5 year Running Average $0.64 $0.69 $0.50 $0.55 $0.63 $0.66 $0.73 $0.98 $1.05 $1.11 $1.21 $1.30 $1.42 $1.52 $1.64 9.78% <-IRR #YR-> 5 Cash Flow 59.47%
P/CF on Med Price 8.60 10.18 -33.16 10.76 11.82 9.99 9.51 14.50 12.79 15.50 15.84 16.68 16.76 12.61 0.00 #NUM! <-IRR #YR-> 10 Cash Flow per Share 659.68%
P/CF on Closing Price 9.81 10.25 -35.83 11.03 10.98 7.78 12.52 14.10 11.37 18.38 17.42 16.24 16.85 16.84 15.76 9.67% <-IRR #YR-> 5 Cash Flow per Share 58.62%
23.48% Diff M/C 11.03% <-IRR #YR-> 10 CFPS 5 yr Running 184.63%
Excl.Working Capital CF $93.6 $66.7 $187.0 $17.7 $93.1 $64.4 $67.3 $100.3 $99.8 $122.4 $88.8 $138.7 $195.6 $0.0 $0.0 7.63% <-IRR #YR-> 5 CFPS 5 yr Running 44.45%
CF fr Op $M WC $373.8 $370.2 $110.9 $268.1 $343.5 $314.7 $381.7 $376.9 $446.9 $466.4 $499.7 $580.1 $636.7 $484.4 $517.8 474.12% <-Total Growth 10 Cash Flow less WC
Increase 72.73% -0.96% -70.04% 141.75% 28.12% -8.38% 21.29% -1.26% 18.57% 4.36% 7.14% 16.09% 9.76% -23.92% 6.90% 19.10% <-IRR #YR-> 10 Cash Flow less WC 474.12%
5 year Running Average $227.0 $271.6 $259.9 $267.9 $293.3 $281.5 $283.8 $337.0 $372.7 $397.3 $434.3 $474.0 $526.0 $533.5 $543.7 11.06% <-IRR #YR-> 5 Cash Flow less WC 68.93%
CFPS Excl. WC $1.01 $0.99 $0.41 $0.99 $1.26 $1.16 $1.39 $1.36 $1.60 $1.66 $1.78 $2.08 $2.29 $1.74 $1.86 7.30% <-IRR #YR-> 10 CF less WC 5 Yr Run 102.37%
Increase 72.58% -1.32% -58.41% 140.17% 27.65% -8.51% 19.90% -1.90% 17.71% 3.54% 7.01% 16.96% 10.15% -23.92% 6.90% 9.31% <-IRR #YR-> 5 CF less WC 5 Yr Run 56.08%
5 year Running Average $0.63 $0.74 $0.72 $0.80 $0.93 $0.96 $1.04 $1.23 $1.35 $1.43 $1.56 $1.69 $1.88 $1.91 $1.95 18.68% <-IRR #YR-> 10 CFPS - Less WC 454.36%
P/CF on Med Price 6.45 8.34 22.75 10.05 8.61 7.94 7.83 10.64 9.93 11.43 13.02 12.69 11.61 12.61 0.00 10.94% <-IRR #YR-> 5 CFPS - Less WC 68.03%
P/O on Close 7.35 8.41 24.59 10.30 8.00 6.19 10.31 10.35 8.83 13.56 14.32 12.35 11.67 16.84 15.76 10.06% <-IRR #YR-> 10 CFPS 5 yr Running 160.68%
*Operational Cash Flow per share CF/-WC P/CF Med 10 yr 13.64 5 yr  15.84 P/CF Med 10 yr 10.34 5 yr  11.61 62.86% Diff M/C 8.81% <-IRR #YR-> 5 CFPS 5 yr Running 52.55%
-268.8 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 278.4 Shares
-276.9 0.0 0.0 0.0 0.0 278.4 Shares
$76.1 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $441.1 Cash Flow
-$276.6 $0.0 $0.0 $0.0 $0.0 $441.1 Cash Flow
$0.28 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.58 Cash Flow per Share
-$1.00 $0.00 $0.00 $0.00 $0.00 $1.58 Cash Flow per Share
-$0.50 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.42 CFPS 5 yr Running
-$0.98 $0.00 $0.00 $0.00 $0.00 $1.42 CFPS 5 yr Running
-$110.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $636.7 Cash Flow less WC
-$376.9 $0.0 $0.0 $0.0 $0.0 $636.7 Cash Flow less WC
-$259.9 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $526.0 CF less WC 5 Yr Run
-$337.0 $0.0 $0.0 $0.0 $0.0 $526.0 CF less WC 5 Yr Run
-$0.41 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2.29 CFPS - Less WC
-$1.36 $0.00 $0.00 $0.00 $0.00 $2.29 CFPS - Less WC
-$0.72 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.88 CFPS 5 yr Running
-$1.23 $0.00 $0.00 $0.00 $0.00 $1.88 CFPS 5 yr Running
Maple Transactions $49.9
Maple Transactions -$105.0
Trade and other prepaid exp $3.5 $6.2 -$9.9 $12.2 -$9.5 -$11.8 -$11.2 -$0.2 -$4.0 -$19.7 -$4.3 got it on google by googling
Trade and other payables -$25.6 $28.1 -$29.8 $4.6 $1.5 $0.8 $23.4 -$14.1 $17.4 $4.8 -$57.9 TMX group Google Finance
Share option plan
Provisions $6.1 -$4.2 -$6.9 -$0.6 $2.8
Deferred revenue -$33.5 $1.7 $2.3 $0.4 $7.7 -$2.8 -$0.2 -$2.8 $1.4 $7.6 -$7.3
Other non-current assets -$6.30 -$0.40 $0.9 $0.6 $7.2 $11.00 -$2.50 $9.20 $1.8
Other Assets and Liabilities -$16.20 $6.90
Cash received on unwind -$1.20 $1.60
Cash Paid for Emplyee Defined B.. -$2.2 -$5.2 -$2.20 -$2.30
Interest Paid -$28.40
Interest Rec $2.60
Income taxes paid -$21.10 -$54.90 -$56.6 -$80.0 -$69.0 -$95.30 -$113.10 -$110.30 -$98.50 -$114.60 -$135.80
                     
Sum -$165.10 -$17.70 -$93.1 -$64.4 -$67.3 -$100.3 -$99.8 -$122.4 -$88.8 -$138.7 -$195.6
Google -->TD -$17.70 -$62.20 -$62.10 -$100 -$100 -$122 -$89 -$139 -$196
Difference $0.00 -$2.20 -$5.20 $0 $0 $0 $0 $0 $0
TD 2017 -->2022 -$25 -$95 -$64 -$67 -$122 -$88
Difference $7 $2 $0 $0
OPM 48.69% 45.06% -25.84% 35.75% 34.91% 34.91% 42.37% 41.35% 42.48% 42.63% 47.50% 45.01% 39.50% 40.54% 252.88% <-Total Growth 10 OPM
Increase 32.21% -7.45% -157.34% -238.33% -2.34% 0.00% 21.38% -2.41% 2.73% 0.36% 11.41% -5.24% -12.23% 2.62% Should increase  or be stable.
Diff from Ave 16.3% 7.6% -161.7% -14.6% -16.6% -16.6% 1.2% -1.2% 1.5% 1.8% 13.5% 7.5% -5.6% -3.2% 0.00 <-Median-> 10 OPM
*Operational Profit Margin (CF/Revenue) Ratio OPM 10 Yrs 41.86% 5 Yrs 42.63% should be zero,  it is a check  on calculations
Long Term Debt $969.40 $996.40 $648.20 $648.70 $547.60 $746.8 $747.1 $747.5 $997.1 $747.8 $747.9 Debt Type
Change -34.95% 0.08% -15.59% 36.38% 0.04% 0.05% 33.39% -25.00% 0.01% 0.05% <-Median-> 8 Change Lg Term R
Debt/Market Cap Ratio 0.35 0.36 0.33 0.16 0.14 0.19 0.12 0.10 0.14 0.10 0.09 0.15 <-Median-> 10 Debt/Market Cap Ratio Intang/GW
Assets/Current Liabilities Ratio 1.47 1.48 1.34 1.25 1.22 1.19 1.21 1.17 1.10 1.12 1.14 1.22 <-Median-> 10 Assets/Current Liabilities Liquidity
Debt to Cash Flow (Years) 3.87 3.98 2.59 2.06 1.98 2.15 2.17 1.82 2.26 1.70 1.54 2.16 <-Median-> 10 Debt to Cash Flow (Years) Liq. + CF
Debt Ratio
Intangibles $920.5 $919.0 $3,630.8 $3,513.1 $3,386.8 $4,399.7 $4,319.8 $5,067.6 $3,971.7 $3,391.5 $3,394.0 $3,461.1 $2,328.5 -55.93% <-Total Growth 10 Intangibles Leverage
Goodwill $582.6 $432.8 $1,321.0 $1,293.8 $1,263.5 $1,084.8 $1,074.5 $1,661.6 $1,648.6 $1,649.7 $1,653.7 $1,695.8 $1,768.7 33.89% <-Total Growth 10 Goodwill D/E Ratio
Total $1,503.1 $1,351.8 $4,951.8 $4,806.9 $4,650.3 $5,484.5 $5,394.3 $6,729.2 $5,620.3 $5,041.2 $5,047.7 $5,156.9 $4,097.2 $5,541.9 20.86% <-Total Growth 10 Total
Change -0.87% -10.07% 266.31% -2.93% -3.26% 17.94% -1.64% 24.75% -16.48% -10.30% 0.13% 2.16% -20.55% 35.26% -2.29% <-Median-> 10 Change
Intangible/Market Cap Ratio 0.55 0.43 1.82 1.74 1.69 2.82 1.37 1.72 1.42 0.80 0.71 0.72 0.55 0.68 1.40 <-Median-> 0 Intangible/Market Cap Ratio
Current Assets $1,550.5 $1,935.6 $8,965.3 $11,485.2 $10,160.3 $12,449.6 $17,689.1 $20,407.8 $26,485.3 $27,105.2 $30,839.5 $57,800.3 $50,262.5 $43,363.0 460.63% <-Total Growth 10 Current Assets
Current Liabilities $1,696.4 $1,898.3 $8,714.0 $11,236.8 $10,128.7 $12,663.1 $17,733.6 $21,008.7 $26,660.4 $26,660.4 $30,781.1 $57,519.0 $50,012.4 $43,336.2 473.93% <-Total Growth 10 Current Liabilities
Liquidity Ratio 0.91 1.02 1.03 1.02 1.00 0.98 1.00 0.97 0.99 1.02 1.00 1.00 1.01 1.00 1.00 <-Median-> 10 Ratio
Liq. with CF aft div 1.01 1.11 1.01 1.04 1.02 1.00 1.01 0.98 1.00 1.02 1.01 1.01 1.01 1.01 1.01 <-Median-> 5 Ratio
Liq. CF re  Inv+Div  0.91 1.12 0.78 1.04 1.02 0.99 1.01 0.95 1.00 1.02 1.01 1.01 1.01 1.01 1.01 <-Median-> 5 Ratio
Cuurrent Debt 309.9 795.0 319.5 239.6 160.0 0.0 0.0 0.0 Cuurrent Debt
Liquidity Less C. Debt 1.02 1.01 1.01 1.03 1.01 1.00 1.01 1.00 1.01 <-Median-> 5 Ratio
Liq. with CF aft div 1.03 1.02 1.01 1.03 1.02 1.01 1.01 1.01 1.01 <-Median-> 5 Ratio
Assets $3,281.9 $3,394.8 $14,042.9 $16,495.5 $14,964.1 $17,017.4 $22,201.4 $25,624.8 $31,657.9 $32,359.7 $36,098.6 $63,199.4 $55,983.1 $49,330.5 298.66% <-Total Growth 10 Assets
Liabilities $2,418.4 $2,172.8 $11,143.2 $13,524.7 $12,018.2 $14,199.1 $19,280.7 $22,442.0 $28,276.1 $28,860.6 $32,487.1 $59,493.3 $51,775.7 $45,098.6 364.64% <-Total Growth 10 Liabilities
Debt Ratio 1.36 1.56 1.26 1.22 1.25 1.20 1.15 1.14 1.12 1.12 1.11 1.06 1.08 1.09 1.13 <-Median-> 10 Ratio
Estimates BVPS $15.20 $15.90 Estimates Estimates BVPS
Estimate Book Value $4,231.7 $4,426.6 Estimates Estimate Book Value
P/B Ratio (Close) 1.93 1.84 Estimates P/B Ratio (Close)
Difference from 10 year median 49.92% Diff M/C Estimates Difference from 10 yr med.
Total Book Value $863.5 $1,222.0 $2,899.7 $2,970.8 $2,945.9 $2,818.3 $2,920.7 $3,182.8 $3,381.8 $3,499.1 $3,611.5 $3,706.1 $4,207.4 $4,231.9 45.10% <-Total Growth 10 Book Value
NCI $10.42 $25.5 $83.2 $83.0 $37.1 $30.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $220.2 $194.6 NCI
Book Value $853.11 $1,196.5 $2,816.5 $2,887.8 $2,908.8 $2,788.0 $2,920.7 $3,182.8 $3,381.8 $3,499.1 $3,611.5 $3,706.1 $3,987.2 $4,037.3 $4,037.3 $4,037.3 41.57% <-Total Growth 10 Book Value
Book Value per share $2.29 $3.21 $10.48 $10.67 $10.71 $10.25 $10.62 $11.49 $12.12 $12.44 $12.83 $13.26 $14.32 $14.50 $14.50 $14.50 36.69% <-Total Growth 10 Book Value per Share
Change 10.62% 39.74% 226.80% 1.86% 0.36% -4.29% 3.56% 8.26% 5.48% 2.65% 3.09% 3.39% 7.97% 1.26% 0.00% 0.00% 1.74% P/B Ratio Current/Historical Median
P/B Ratio (Median) 2.82 2.58 0.90 0.93 1.02 0.90 1.02 1.26 1.31 1.52 1.80 1.99 1.85 1.94 0.00 0.00 1.99 P/B Ratio Historical Median
P/B Ratio (Close) 3.22 2.60 0.97 0.96 0.94 0.70 1.35 1.23 1.17 1.81 1.98 1.93 1.86 2.02 2.02 2.02 3.17% <-IRR #YR-> 10 Book Value 36.69%
Change 0.85% -19.28% -62.77% -1.23% -1.20% -26.10% 92.96% -9.03% -4.80% 54.88% 9.68% -2.43% -3.59% 8.41% 0.00% 0.00% 4.50% <-IRR #YR-> 5 Book Value 24.61%
Leverage (A/BK) 3.80 2.78 4.84 5.55 5.08 6.04 7.60 8.05 9.36 9.25 10.00 17.05 13.31 11.66 8.65 <-Median-> 10 A/BV See
Debt/Equity Ratio 2.80 1.78 3.84 4.55 4.08 5.04 6.60 7.05 8.36 8.25 9.00 16.05 12.31 10.66 7.65 <-Median-> 10 Debt/Eq Ratio Below
Sharerholders Equity (Assets less liabilities) P/BV 10 yr Med 1.29 5 yr Med 1.80 57.14% Diff M/C 5.55 Historical 25 A/BV
-$10.48 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $14.32
-$11.49 $0.00 $0.00 $0.00 $0.00 $14.32
Debt Ratios without Bal P & CM Debt Ratios w/o Participants 
Balances of Particip. & Clearing M. $754.93 $550.8 $7,773.9 $10,164.7 $8,807.2 $11,551.2 $16,315.5 $19,946.0 $25,991.4 $26,588.9 $30,270.4 $57,113.5 $49,340.8 $42,436.50 and Clearing Members
Leverage (A/BK) 2.93 2.33 2.16 2.13 2.09 1.94 2.02 1.78 1.68 1.65 1.61 1.64 1.58 1.63 1.73 <-Median-> 10 A/BV
Debt/Equity Ratio 1.93 1.33 1.16 1.13 1.09 0.94 1.02 0.78 0.68 0.65 0.61 0.64 0.58 0.63 0.73 <-Median-> 10 Debt/Eq Ratio
$387.1 <-12 mths -24.36%
Comprehensive Income $192.80 $241.0 $13.8 $146.4 $54.1 -$46.6 $190.5 $349.3 $305.5 $232.7 $288.5 $330.6 $563.5
NCI $0.00 $6.7 $4.3 $5.1 -$42.9 -$9.5 -$2.6 $0.0 $0.0 $0.0 $0.0 $0.0 $51.7
Shareholders $192.80 $234.3 $9.5 $141.3 $97.0 -$37.1 $193.1 $349.3 $305.5 $232.7 $288.5 $330.6 $511.8 5287.37% <-Total Growth 10 Comprehensive Income
Increase 130.01% 21.53% -95.95% 1387.37% -31.35% -138.25% 620.49% 80.89% -12.54% -23.83% 23.98% 14.59% 54.81% 14.59% <-Median-> 5 Comprehensive Income
5 Yr Running Average $152.6 $173.1 $145.3 $132.3 $135.0 $89.0 $80.8 $148.7 $181.6 $208.7 $273.8 $301.3 $333.8 50.42% <-IRR #YR-> 10 Comprehensive Income 5287.37%
ROE 22.3% 19.7% 0.5% 4.9% 3.3% -1.3% 6.6% 11.0% 9.0% 6.7% 8.0% 8.9% 12.2% 10.04% <-IRR #YR-> 5 Comprehensive Income 46.52%
5Yr Median 25.4% 22.3% 19.7% 10.7% 4.9% 3.3% 3.3% 4.9% 6.6% 6.7% 8.0% 8.9% 8.9% 8.67% <-IRR #YR-> 10 5 Yr Running Average 129.75%
% Difference from NI -1.9% 1.5% -9.8% 18.4% 77.7% -29.1% -1.7% -5.1% 6.8% -6.0% 3.1% -2.3% -5.7% 17.55% <-IRR #YR-> 5 5 Yr Running Average 124.46%
Median Values Diff 5, 10 yr -2.0% -2.3% 8.9% <-Median-> 5 Return on Equity
-$9.5 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $563.5
-$349.3 $0.0 $0.0 $0.0 $0.0 $563.5
-$145.3 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $0.0 $333.8
-$148.7 $0.0 $0.0 $0.0 $0.0 $333.8
Current Liability Coverage Ratio 0.17 0.16 -0.01 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01   CFO / Current Liabilities
5 year Median 0.17 0.16 0.14 0.13 0.02 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 <-Median-> 5 Current Liability Cov Ratio
Asset Efficiency Ratio 8.54% 8.94% -0.54% 1.52% 1.67% 1.47% 1.42% 1.08% 1.10% 1.06% 1.14% 0.70% 0.79% 0.98% CFO / Total Assets
5 year Median 8.54% 8.54% 6.65% 5.81% 1.67% 1.52% 1.47% 1.47% 1.42% 1.10% 1.10% 1.08% 1.06% 0.98% 1.1% <-Median-> 5 Return on Assets 
Return on Assets ROA 5.99% 7.00% 0.11% 0.75% 0.36% -0.31% 0.88% 1.44% 0.90% 0.77% 0.77% 0.54% 0.97% 0.75% Net  Income/Assets Return on Assets
5Yr Median 5.99% 5.99% 4.96% 2.97% 0.75% 0.36% 0.36% 0.75% 0.88% 0.88% 0.88% 0.77% 0.77% 0.77% 0.8% <-Median-> 10 Asset Efficiency Ratio
Return on Equity ROE 22.76% 19.44% 0.53% 4.16% 1.85% -1.86% 6.72% 11.56% 8.46% 7.08% 7.74% 9.13% 12.90% 8.79% Net Inc/ Shareholders' equity Return on Equity
5Yr Median 22.76% 22.41% 19.44% 13.40% 4.16% 1.85% 1.85% 4.16% 6.72% 7.08% 7.74% 8.46% 8.46% 8.79% 7.4% <-Median-> 10 Return on Equity
$364.3 <-12 mths -32.87%
Net Income $196.6 $243.6 $20.7 $123.9 $100.5 -$68.5 $195.7 $368.0 $286.0 $247.6 $279.7 $338.5 $581.8 2710.63% <-Total Growth 10 Net Income
NCI $0.09 $6.1 $5.4 $0.2 $45.9 -$16.2 -$0.7 $0.0 $0.0 $0.0 $0.0 $0.0 $39.1
Shareholders $196.5 $237.5 $15.3 $123.7 $54.6 -$52.3 $196.4 $368.0 $286.0 $247.6 $279.7 $338.5 $542.7 $372 $408 3447.06% <-Total Growth 10 Net Income
Increase 84.57% 23.89% -91.50% 498.55% -18.89% -168.16% -385.69% 88.04% -22.28% -13.43% 12.96% 21.02% 71.88% -31.45% 9.68% EPS/CF Ratio should not be higher than 1.00
5 Yr Running Average $152.7 $173.9 $150.2 $138.3 $137.1 $84.0 $74.5 $143.9 $176.3 $205.8 $275.4 $304.0 $346.7 $356.1 $388.2 43.88% <-IRR #YR-> 10 Net Income 3447.06%
Operating Cash Flow $280.2 $303.5 -$76.1 $250.4 $250.4 $250.3 $314.4 $276.6 $347.1 $344.0 $410.9 $441.4 $441.1 9.59% <-IRR #YR-> 5 Net Income 47.47%
Investment Cash Flow -$181.6 $172.5 -$2,751.9 $33.4 -$27.6 -$23.0 -$18.3 -$612.0 $37.4 -$95.3 -$34.8 -$203.9 -$41.4 8.72% <-IRR #YR-> 10 5 Yr Running Average 130.77%
Total Accruals $98.0 -$232.4 $2,848.7 -$159.9 -$122.3 -$295.8 -$100.4 $703.4 -$98.5 -$1.1 -$96.4 $101.0 $182.1 19.23% <-IRR #YR-> 5 5 Yr Running Average 140.91%
Total Assets $3,281.9 $3,394.8 $14,042.9 $16,495.5 $14,964.1 $17,017.4 $22,201.4 $25,624.8 $31,657.9 $32,359.7 $36,098.6 $63,199.4 $55,983.1 Balance Sheet Assets
Accruals Ratio 2.99% -6.85% 20.29% -0.97% -0.82% -1.74% -0.45% 2.74% -0.31% 0.00% -0.27% 0.16% 0.33% 0.00% <-Median-> 5 Ratio
EPS/CF Ratio 0.53 0.64 0.35 0.46 0.29 -0.17 0.52 0.97 0.64 0.53 0.55 0.58 0.85 0.54 <-Median-> 10 EPS/CF Ratio
-$15.30 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $581.80
-$368.00 $0.00 $0.00 $0.00 $0.00 $581.80
-$150.25 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $346.72
-$143.92 $0.00 $0.00 $0.00 $0.00 $346.72
Chge in Close 11.56% 12.80% 21.66% 0.61% -0.84% -29.27% 99.83% -1.51% 0.41% 58.98% 13.06% 0.87% 4.09% 9.78% 0.00% 0.00% Count 21 Years of data
up/down/neutral up down Count 4 19.05%
Any Predictions? yes % right Count 2 50.00%
Financial Cash Flow -$117.1 -$113.9 $3,047.3 -$229.6 -$225.3 -$292.1 -$207.3 $270.4 -$425.1 -$234.8 -$303.1 -$194.8 -$292.9 C F Statement  Financial CF
Total Accruals $215.1 -$118.5 -$198.6 $69.7 $103.0 -$3.7 $106.9 $433.0 $326.6 $233.7 $206.7 $295.8 $475.0 Accruals
Accruals Ratio 6.55% -3.49% -1.41% 0.42% 0.69% -0.02% 0.48% 1.69% 1.03% 0.72% 0.57% 0.47% 0.85% 0.72% <-Median-> 5 Ratio
Cash $68.8 $87.2 $224.4 $212.2 $214.0 $154.1 $240.6 $175.0 $135.3 $149.0 $222.1 $264.3 $375.7 $320.2 Cash
Cash per Share $0.19 $0.23 $0.83 $0.78 $0.79 $0.57 $0.87 $0.63 $0.49 $0.53 $0.79 $0.95 $1.35 $1.15 $0.79 <-Median-> 5 Cash per Share
2.50% 2.80% 8.23% 7.68% 7.79% 7.92% 6.11% 4.49% 3.43% 2.36% 3.10% 3.69% 5.05% 3.92% 3.43% <-Median-> 5 % of Stock Price
Notes:
May 30, 2023.  Spreadsheet updated for 5 to 1 split. 
July 2, 2023.  Last estimates were for 2022, 2023 and 2024 of $1165M, $1190M and $1252M for Revenue, $7.22, $7.66 and $8.35 for AEPS, $9.38, $7.16 and $7.58 for EPS, 
$3.34, $3.50 and $3.75 for Dividends, $392M, $418M and $482M for FCF, $12.20, $9.96 and $10.40 for CFPS, $71.80, $75.40 and $79.80 for BVPS, $541M, $392M and $430M for Net Income.
July 9, 2022.  Last estimates were for 2021, 2022 and 2023 of $968M, $1018M and $1097M for Revenue, $6.57 and $6.90 for AEPS for 2021-22, $6.05, $6.55 and $6.85 for EPS, 
$3.03, $3.25 and $3.44 for Dividends, $353M, $372M and $438M for FCF, $7.67, $8.60 and $9.35 for CFPS and $340M, $356M and $389M for Net Income.
July 4, 2021.  Last estimates were for 2020, 2021 and 2022 of $866M, $903M and $959M for Revenue, $5.75 and $6.05 for Adj EPS for 2020 and 21, $5.25, $5.90 and $6.28 for EPS, 
$2.68, $2.84 and $3.20 for Dividends, $281M and $323M for FCF for 2020 and 21, $6.83, $8.41 and $7.81 for CFPS an $292M, $324M and $356M for Net Income.
July 11, 2020.  Last estimates were for 2019 and 2020 of $823 and $872 for Revenue, $5.50 and $5.85 for Adjusted EPS, $4.88 and $5.66 for EPS.
 $2.44 and $2.52 for Dividends, $6.72 and $7.48 for CFPS and $272M and $303M for Net Income.
July 13, 2019.  Last estimates were for 2018 and 2019 of $818M and $851M for Revenue, $5.42 and $5.71 for Adjusted EPS, $4.93 and $5.11 for EPS, $2.24 and $2.42 for Dividends, 
$6.15, 6.95 and $9.01 for CFPS for 2018, 2019 and 2020 and $275M and $288M for Net Income.
July 13, 2018.  Last estimates were for 2017 and 2018 of $745M and $774M for Revenue, $3.91 and $4.43 for EPS and $224M and $256M for Net Income.
July 9, 2017.  Last estimates were for 2016 and 2017 of $726M and $765M for Revenue, $$3.8 and $4.20 for Adjusted EPS, $3.35 and $3.66 for EPS, and $184M and $191M for Net Income.
July 9, 2016.  Last estimates were $752M and $788M for Revenue. $3.43 and $3.90 for EPS, $3.89 and $4.40 for CFPS and $186M and $206M for Net Income.
July 7, 2015.  Last estimates were for 2014 and 2015 of $736M and $781M for Revenue, $3.46 and $3.94 for EPS, $4.12 and $4.76 for CFPS and $192M and $218M for Net Income.
July 06, 2014.  Last estimates were for 2012 and 2013 of $656.9M and 782M for Revenue, $2.95 and $3.76 for EPS.
December 26, 2012.  Last estimates were for 2010, 2011 and 2012 of $2.70, $3.50 and $3.38 for EPS and $3.05, $3.30 and $3.60 for CFPS. left Issued
Name change from TMX Group Inc to TMX Group Ltd.  Symbol still "X"./td> $14.94 38.786
July 15, 2012.  Last Estimates were for 2010 to 2012 for EPS at $2.70, $3.05 and $3.38 and for CF at $3.05, $3.30 and $3.60.
On there site they talk about being bought out so no point in updated spreadsheet at present. 
Jan 2010.  When I last looked at this stock, I got estimates for 2009 and 2010 of $2.37 and $2.63 for earnings and $2.37 and $3.05 for cash flow.
Dec 19, 2009.  When I looked at this in June 2008, I got a 2008 earnings of $2.60.  I check book value and what I have is what statements say.
AR 2007.  Recent name change from TSX to TMX because of purchase of Montreal Exchange. Book value low, leverage and debt high.
The big spread in Graham Price and stock price is because of low book value.  Negative charge (deficit) to book value last four years. Earnings, revenue and cash flow is strong.
Book Value came down a lot after IPO.  I think I will pass on this stock
Prior to Apr 2000, TSX was non-profit
Sector:
Financial Services
What should this stock accomplish?
Would I buy this company and Why.
This stock is now a dividend growth stock.
Why am I following this stock. 
I looked at this stock in 2008 after I found it on a list of Strongest Dividend Growth stocks.  I am interested in such stocks.  
Dividends
Dividends are paid in Cycle 3 of March, June, September and December. Dividends are declared with a record date and then paid in the following month.
For example, the dividend declared on February 9, 2011 has a record date of 25 February 2011, a ex-date of 23 February 2011 and was paid on 11 March 2011.
How they make their money.
TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include 
Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives 
Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, 
and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), 
as well as in key international markets including London and Singapore.
For most ratios, lower is better when looking for a good stock price.  However, there are exceptions such as for yield and asset/liability ratios and here you want a higher ratios to indicate a good stock price.  
Also, for the Operational Profit Margin, a higher percentage is better.  With the OPM, you should only compare companies in similar industries.
The company made the announcement Friday (Sept 14, 2012) as it said it has completed the final step in its takeover, which saw TMX Group Inc. shareholders exchange for shares of TMX Group Ltd. shares.
The swap followed a first step that saw TMX Group Ltd. pay $50 in cash per share for about 80 per cent of the shares in TMX Group Inc.
Former shareholders of TMX Group Inc. hold a 22.1 per cent in the new company, while the former Maple Group members hold the remaining stake in the exchange operator.
New shares to start trading on Wednesday, Sept 19th, 2012.
Certain information contained under "Investor Relations" relates to TMX Group Inc., which became a wholly owned subsidiary of TMX Group Limited on September 14, 2012. At the close of business 
on September 18, 2012, shares of TMX Group Inc were delisted from Toronto Stock Exchange.
Wait for another quarter before reviewing.
TMX Group Limited's (formerly Maple Group Acquisition Corporation) acquisitions of TMX Group Inc.,
TMX Group Inc., which became a wholly owned subsidiary of TMX Group Limited on September 14, 2012. At the close of business on September 18, 2012, shares of TMX Group Inc were delisted from Toronto Stock Exchange. only this line corrected for 
5 to 1 split
Shares; '%, Value $M %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Shares %, Val $M Change
Date 2015 Jul 09 2016 Jul 09 2017 Jul 13 2018 Jul 13 2019 Jul 11 2020 Jul 4 2021 Jul 9 2022 Jul 2 2023 Not available in July 2017
McKenzie, John 0.002 0.00% 0.002 0.00% 0.003 0.00% 0.003 0.00% 0.003 0.00% 0.069 0.02% 0.355 0.13% In 2020 interium CEO 418.58%
CEO - Shares - Amount $0.028 $0.033 $0.061 $0.077 $0.085 $1.829 $10.412 In 23021 CEO from CFO
Options - percentage 0.067 0.02% 0.082 0.03% 0.097 0.03% 0.120 0.04% 0.145 0.05% 0.839 0.30% 4.944 1.78% 489.38%
Options - amount $0.944 $1.154 $2.177 $3.055 $3.724 $22.397 $144.906
Eccleston, Lou 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% as CEO, but in officer sec.
CEO - Shares - Amount $0.000 $0.000 $0.000 $0.000 $0.000
Options - percentage 0.10% 0.394 0.14% 0.612 0.22% 0.739 0.26% 0.828 0.29%
Options - amount $1.926 $5.638 $8.624 $10.452 $18.613
Arnold, David 0.000 0.00% 0.001 0.00% 0.013 0.00% 1436.59%
CFO - Shares - Amount $0.000 $0.022 $0.369
Options - percentage 0.004 0.00% 0.089 0.03% 0.612 0.22% 589.07%
Options - amount $0.113 $2.372 $17.941
Fortin, Luc 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.003 0.00% 0.015 0.01% 0.078 0.03% 417.64%
Officer - Shares - Amount $0.001 $0.005 $0.009 $0.074 $0.401 $2.279
Options - percentage 0.041 0.01% 0.061 0.02% 0.050 0.02% 0.058 0.02% 0.324 0.12% 1.829 0.66% 464.75%
Options - amount $0.574 $1.361 $1.264 $1.486 $8.647 $53.606
Bush, Cindy 0.000 0.00% 0.004 0.00% 2529.63%
Director - Shares - Amount $0.004 $0.104
Options - percentage 0.076 0.03% 0.531 0.19% 602.75%
Options - amount $2.016 $15.553
Darveau-Garneau, Nicolas 0.000 0.00% 0.000 0.00% #DIV/0!
Director - Shares - Amount $0.000 $0.000
Options - percentage 0.023 0.01% 0.155 0.06% 575.84%
Options - amount $0.614 $4.554
Irman, Martine 0.000 0.00% 0.000 0.00% #DIV/0!
Director - Shares - Amount $0.000 $0.000
Options - percentage 0.019 0.01% 0.138 0.05% 643.93%
Options - amount $0.495 $4.043
Bertrand, Luc 0.15% 0.408 0.15% 0.590 0.21% 0.590 0.21% 0.590 0.21% 0.585 0.21% 0.585 0.21% 3.025 1.09% 15.125 5.43% Was director until 2023 400.00%
Chairman - Shares - Amount $2.922 $5.840 $8.312 $8.346 $13.269 $14.875 $15.005 $80.768 $443.314
Options - percentage 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.006 0.00% 0.072 0.03% 1006.70%
Options - amount $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.173 $2.105
Winograd, Charles 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% 0.000 0.00% Ceased insider May 2023
Chairman - Shares - Amt $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000 $0.000
Options - percentage 0.00% 0.000 0.00% 0.025 0.01% 0.030 0.01% 0.035 0.01% 0.039 0.01% 0.042 0.01% 0.227 0.08%
Options - amount $0.094 $0.000 $0.353 $0.424 $0.779 $0.987 $1.075 $6.049
Increase in O/S Shares 0.07% 0.077 0.03% 0.629 0.23% 0.362 0.13% 0.407 0.15% 0.443 0.16% 0.541 0.19% 0.228 0.08% 0.358 0.13%
due to SO 2013 $2.014 $0.552 $9.002 $5.102 $5.755 $9.972 $13.746 $5.838 $9.565
Book Value $9.100 $3.400 $34.700 $19.100 $22.500 $27.100 $35.300 $16.600 $29.600
Insider Buying $0.000 -$0.851 -$10.602 -$0.587 -$0.200 $0.000 $0.000 -$2.665 $0.000
Insider Selling $0.608 $0.000 $7.250 $2.962 $2.080 $6.765 $6.168 $2.805 $0.000
Net Insider Selling $0.608 -$0.851 -$3.352 $2.375 $1.880 $6.765 $6.168 $0.140 $0.000
% of Market Cap 0.03% -0.02% -0.09% 0.06% 0.03% 0.09% 0.09% 0.00% 0.00%
Directors 18 18 14 13 12 12 12 12
Women 28% 5 28% 5 28% 4 29% 3 23% 3 25% 3 25% 3 25% 4 33%
Minorities 0% 0 0% 0 0% 0 0% 0 0% 0 0% 0 0% 1 8% 1 8%
Institutions/Holdings 26.36% 49 30.35% 79 33.75% 85 51.10% 107 57.61% 20 45.30% 20 51.84% 20 10.53%
Total Shares Held 5.27% 16.519 6.00% 18.661 6.74% 28.449 10.20% 32.294 11.49% 25.272 8.98% 28.966 10.40% 29.346 10.54%
Increase/Decrease 2.39% 0.053 0.32% 0.551 3.04% 0.263 0.93% 0.486 1.53% 0.486 1.96% -1.156 -3.84% -1.771 -5.69%
Starting No. of Shares 16.466 18.110 28.186 31.808 24.787 Top 20 MS 30.122 Top 20 MS 31.117 Top 20 MS
Copyright © 2008 Website of SPBrunner. All rights reserved.