Toronto-Dominion Bank: Top 25 Undervalued S&P/TSX Composite Index Stocks (TD)
Toronto-Dominion Bank is now ranked among the top 25 undervalued stocks included in the S&P/TSX Composite Index. A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company. Valuation methodology provided by Stockcalc (see below).
Stocks in this market cap category are held primarily for capital appreciation and/or dividends. Inclusion in a major index means a company ranks among the largest in their market. This also implies stability by-way of institutional support for the stock by index funds.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| PPL-N | PPL | 27.39 | 31.01 | 3.62 (13.22) | 4,604,616 | 20,205.5 | 3.4 | 27.9 |
| AEM-T | Agnico Eagle Mines | 68.39 | 96.12 | 27.73 (40.55) | 945,809 | 32,174.4 | 3.1 | 10.2 |
| BHC-T | Bausch Health Companies | 12.6 | 15.75 | 3.15 (24.99) | 380,046 | 4,577.6 | 0 | 0 |
| BNS-T | Bank of Nova Scotia | 67.21 | 70.12 | 2.91 (4.33) | 5,697,372 | 80,450.398 | 6.2 | 9.9 |
| FTS-T | Fortis | 57.47 | 60.63 | 3.16 (5.5) | 1,160,002 | 27,781 | 3.9 | 19.5 |
| SU-T | Suncor Energy | 38.35 | 44.12 | 5.77 (15.05) | 5,968,692 | 51,043.801 | 5.3 | 6.4 |
| EMA-T | Emera | 54.94 | 60 | 5.06 (9.21) | 810,587 | 14,888.7 | 5 | 13 |
| TD-T | Toronto-Dominion Bank | 85.73 | 89.23 | 3.5 (4.09) | 8,421,876 | 156,911.594 | 4.4 | 10.8 |
| T-N | AT&T | 14.66 | 24 | 9.34 (63.68) | 55,319,257 | 109,568.797 | 7.6 | 0 |
| WEED-T | Canopy Gwth | 0.52 | 0.65 | 0.13 (25) | 6,303,149 | 241.1 | 0 | 0 |
| AQN-T | Algonquin Power | 11.04 | 11.93 | 0.89 (8.09) | 3,376,483 | 7,619.2 | 7 | 0 |
| NA-T | National Bank of Canada | 100.95 | 105.64 | 4.69 (4.64) | 2,148,856 | 34,421 | 3.8 | 10.8 |
| TRP-T | TC Energy | 51.9 | 56.45 | 4.55 (8.76) | 7,291,423 | 52,989.898 | 7 | 33.1 |
| CVE-T | Cenovus Energy | 22.58 | 25.05 | 2.47 (10.94) | 4,166,688 | 44,211.602 | 2 | 8.3 |
| BCE-T | BCE | 58.17 | 61.26 | 3.09 (5.31) | 1,877,660 | 53,068.5 | 6.5 | 20.7 |
| CAR-UN-T | CAPREIT | 52.32 | 54.56 | 2.24 (4.28) | 289,184 | 8,960.6 | 2.8 | 0 |
| CP-T | Canadian Pacific Kansas | 106.1 | 117.71 | 11.61 (10.94) | 1,092,338 | 99,044.398 | 0.7 | 26.5 |
| ABX-T | Barrick Gold | 22.75 | 23.42 | 0.67 (2.94) | 2,866,407 | 39,926.301 | 3.2 | 287.9 |
| CM-T | Canadian Imperial Bank | 57.96 | 62.91 | 4.95 (8.54) | 3,510,422 | 52,930.199 | 5.9 | 11.2 |
| ENB-T | Enbridge | 49.1 | 51.08 | 1.98 (4.03) | 5,571,429 | 99,574.797 | 7.1 | 41.6 |
| CCL-B-T | CCL Industries | 65.09 | 68.16 | 3.07 (4.72) | 297,103 | 11,646.2 | 1.6 | 18.2 |
| WN-T | George Weston | 154.36 | 170.42 | 16.06 (10.4) | 166,556 | 21,718.5 | 1.7 | 12.1 |
| IMO-A | Imperial Oil | 49.58 | 51.21 | 1.63 (3.28) | 601,156 | 29,024.1 | 2.6 | 5.5 |
| SAP-T | Saputo | 28.06 | 35.44 | 7.38 (26.32) | 566,660 | 11,763.6 | 2.6 | 19 |
| GIL-T | Gildan Activewear | 41.78 | 45.44 | 3.66 (8.75) | 293,166 | 7,513.8 | 2.3 | 11.7 |
More about Toronto-Dominion Bank
All data provided as-at market close July 19, 2023. The list is sorted by stocks with the greatest percentage difference between valuation and price. Toronto-Dominion Bank Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab. Toronto-Dominion Bank is listed under TD on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs. StockCalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. StockCalc's Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including: Discounted Cash Flow (DCF), Price & Other Comparables, Multiples, Adjusted Book Value (ABV) and Analyst Consensus
Artificial intelligence at Report on Business
AI at The Globe and Mail This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
