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TDb Split (XTD) AI Stock Analysis
TDb Split
(TSX:XTD)
The score is held back primarily by volatile fundamentals (sharp revenue decline, uneven earnings quality, and negative 2025 operating/free cash flow) and weak technical momentum (below key short-term averages with negative MACD). These risks are partially offset by strong value/income metrics (P/E ~1.0 and ~6.47% yield) and a supportive corporate event (continued regular dividends).
TDb Split (XTD) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 51.02M
- Dividend Yield
- 5.79%
- Average Volume (3M)
- 14.99K
- Price to Earnings (P/E)
- 1.2
- Beta (1Y)
- 1.64
- Revenue Growth
- 70.04%
- EPS Growth
- 413.46%
- Country
- Canada
- Employees
- 0
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Asset Management
TDb Split Business Overview & Revenue Model
Company Description
Managed by Quadravest Capital Management Inc., TDb Split Corp. operates as a Canadian-domiciled, closed-end equity mutual fund established on May 24, 2007. The fund's investment strategy focuses on public equity markets within Canada, specifically ta...
TDb Split Financial Statement Overview
Summary
Overall financial quality is constrained by volatility and weak cash conversion. 2025 shows a sharp revenue decline (-61.5%) and profitability that appears driven by non-revenue items (very high margins), while operating cash flow and free cash flow were negative. Leverage improved materially in 2025 (D/E ~1.44x) versus prior years, but the balance sheet has historically been highly levered, keeping risk elevated.
Income Statement
48NeutralBalance Sheet
42NeutralCash Flow
35Negative| Breakdown | TTM | Nov 2025 | Nov 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.61M | 2.79M | -2.81M | 6.85M | 4.70M | 2.00M |
| Gross Profit | 4.04M | 2.31M | -2.81M | 6.21M | 4.02M | 1.34M |
| EBITDA | 41.95M | 26.36M | -33.12K | -5.30M | 1.65M | 18.14M |
| Net Income | 38.70M | 23.67M | -3.18M | -9.52M | -1.86M | 14.79M |
Balance Sheet | ||||||
| Total Assets | 103.14M | 82.59M | 88.26M | 88.69M | 89.75M | 87.06M |
| Cash, Cash Equivalents and Short-Term Investments | 103.14M | 82.59M | 88.25M | 88.69M | 89.74M | 87.06M |
| Total Debt | 47.22M | 48.41M | 78.88M | 72.18M | 64.76M | 59.42M |
| Total Liabilities | 48.05M | 49.09M | 79.32M | 73.84M | 65.63M | 60.16M |
| Stockholders Equity | 55.09M | 33.50M | 8.93M | 14.84M | 24.11M | 26.91M |
Cash Flow | ||||||
| Free Cash Flow | -1.45M | -1.46M | 32.56M | 18.98M | 5.84M | -19.99M |
| Operating Cash Flow | -1.45M | -1.46M | 32.56M | 18.98M | 5.84M | -19.99M |
| Investing Cash Flow | 3.49M | -34.37M | 29.30M | 16.09M | 3.56M | -21.82M |
| Financing Cash Flow | -2.69M | -29.08M | 4.00M | 3.43M | 1.05M | 8.60M |
TDb Split Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XTD, the sentiment is Positive. The current price of 9.46 is above the 20-day moving average (MA) of 9.04, above the 50-day MA of 8.84, and above the 200-day MA of 7.49, indicating a bullish trend. The MACD of 0.28 indicates Negative momentum. The RSI at 55.04 is Neutral, neither overbought nor oversold. The STOCH value of 74.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:XTD.
TDb Split Peers Comparison
Overall Rating
TSE:MKZ.UN76Outperform
TSE:PWI70Outperform
TSE:BNK63Neutral
TSE:PDV58Neutral- TSE:XTD56Neutral
TSE:RS53Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:MKZ.UN | 76Outperform | CAD 3.38M | 8.03 | 128.21% | 13.15% | -0.12% | -7.56% |
| TSE:PWI | 70Outperform | CAD 52.11M | 3.10 | 27.77% | 11.41% | 233.57% | 28.65% |
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| TSE:BNK | 63Neutral | CAD 28.27M | 1.49 | 59.22% | 8.31% | 288.09% | 138.83% |
| TSE:PDV | 58Neutral | CAD 7.78M | 2.28 | 47.78% | 8.99% | -3.86% | 84.88% |
| TSE:XTD | 56Neutral | CAD 51.02M | 1.16 | 87.37% | 5.79% | 70.04% | 413.46% |
| TSE:RS | 53Neutral | CAD 105.13M | 4.68 | 17.87% | 18.86% | 95.81% | 37.32% |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:XTD | TDb Split Corp Class A | 9.46 | 4.91 | 107.96% | |
| TSE:MKZ.UN | MacKenzie Master | 0.54 | -0.02 | -3.57% | |
| TSE:PDV | Prime Dividend Cl A | 14.50 | 4.98 | 52.26% | |
| TSE:RS | Real Estate & E-Commerce Split Corp. Class A | 8.27 | 0.28 | 3.57% | |
| TSE:BNK | Big Banc Split Corp. | 14.64 | 4.06 | 38.40% | |
| TSE:PWI | Sustainable Power & Infrastructure Split Corp. | 10.25 | 0.47 | 4.81% |
TDb Split Corporate Events
TDb Split Corp. Declares Regular Monthly Distributions on TD-Linked Split Shares
PositiveTDb Split Corp., which invests primarily in common shares of Toronto-Dominion Bank to provide specialized split-share exposure, offers both Class A and Priority Equity securities designed for income-oriented investors. The firm positions itself withi...
TDb Split Corp. Announces Regular Monthly Distributions on Class A and Priority Equity Shares
PositiveTDb Split Corp. has declared a regular monthly distribution of $0.05000 per Class A share, equivalent to $0.60 on an annualized basis, and $0.05833 per Priority Equity share, or $0.700 annually. The distributions will be paid on October 9, 2026 to sh...
TDb Split Corp. Declares Regular Monthly Dividends for Class A and Priority Equity Shares
PositiveTDb Split Corp. has declared regular monthly cash distributions of $0.05000 per Class A share, equivalent to $0.60 on an annualized basis, and $0.05833 per Priority Equity share, or $0.700 annually. The dividends will be paid on September 10, 2026, t...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 24, 2026