ducovest

BNS:CA:TSX-Bank of Nova Scotia (CAD)

COMMON STOCK | Banks - Diversified |

Last Closing

CAD 73.35

Change

0.00 (0.00)%

Market Cap

CAD 90.76B

Volume

0.01B

Analyst Target

CAD 60.66
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments. The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions. It also provides business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses. In addition, it provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternatives, and institutional funds. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada. Address: 40 Temperance Street, Toronto, ON, Canada, M5H 0B4

Company Website : https://www.scotiabank.com

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-09-21 )

Largest Industry Peers for Banks - Diversified

Symbol Name Price(Change) Market Cap
RY:CA Royal Bank of Canada

N/A

 CAD 236.12B
RY-PM:CA Royal Bank of Canada Pref M

N/A

 CAD 189.72B
RY-PJ:CA Royal Bank of Canada Pref J

N/A

 CAD 188.15B
TD:CA Toronto Dominion Bank

N/A

 CAD 152.63B
BMO-PW:CA Bank of Montreal Pref W

N/A

 CAD 96.02B
BMO:CA Bank of Montreal

N/A

 CAD 89.00B
BMO-PY:CA Bank of Montreal Pref Y

N/A

 CAD 81.86B
BMO-PE:CA Bank of Montreal Pref Class B

N/A

 CAD 80.54B
CM:CA Canadian Imperial Bank Of Comm..

N/A

 CAD 79.06B
CM-PQ:CA Canadian Imperial Bank of Comm..

N/A

 CAD 60.83B

ETFs Containing BNS:CA

FDV:CA 3.73 % 0.94 %

N/A

 N/A
HFY-U:CA 2.81 % 0.00 %

N/A

 N/A
TUSB-U:CA TD Select U.S. Short Term.. 2.35 % 0.00 %

N/A

 CAD 8.25M
CRQ.A:CA 0.00 % 1.55 %

N/A

 N/A
CRQ:CA 0.00 % 0.73 %

N/A

 N/A
FIE.A:CA 0.00 % 1.78 %

N/A

 N/A
QCAN 0.00 % 0.30 %

N/A

 N/A
RCE:CA 0.00 % 0.43 %

N/A

 N/A
SHC:CA 0.00 % 0.71 %

N/A

 N/A
TTP:CA TD Canadian Equity Index .. 0.00 % 0.07 %

N/A

 N/A

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 13.72% 42% F 60% D-
Dividend Return 4.93% 79% B- 90% A-
Total Return 18.65% 42% F 71% C-
Trailing 12 Months  
Capital Gain 15.82% 26% F 52% F
Dividend Return 6.70% 79% B- 90% A-
Total Return 22.52% 26% F 62% D
Trailing 5 Years  
Capital Gain -2.00% 29% F 35% F
Dividend Return 24.88% 57% F 87% B+
Total Return 22.87% 29% F 47% F
Average Annual (5 Year Horizon)  
Capital Gain 2.11% 74% C 46% F
Dividend Return 7.51% 74% C 58% F
Total Return 5.40% 100% F 93% A
Risk Return Profile  
Volatility (Standard Deviation) 24.21% 21% F 38% F
Risk Adjusted Return 31.01% 68% D+ 51% F
Market Capitalization 90.76B 69% C- 99% N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector