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

COMMON STOCK | Banks - Diversified |

Last Closing

CAD 72.66

Change

-0.12 (-0.16)%

Market Cap

CAD 89.91B

Volume

2.34M

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

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Banks - Diversified

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

-0.25 (-0.15%)

CAD 245.11B
RY-PM:CA Royal Bank of Canada Pref M

-0.13 (-0.54%)

CAD 193.65B
RY-PJ:CA Royal Bank of Canada Pref J

-0.01 (-0.04%)

CAD 191.90B
TD:CA Toronto Dominion Bank

+0.07 (+0.09%)

CAD 137.30B
BMO-PW:CA Bank of Montreal Pref W

-0.23 (-0.91%)

CAD 98.05B
BMO:CA Bank of Montreal

-1.80 (-1.39%)

CAD 94.49B
BMO-PY:CA Bank of Montreal Pref Y

-0.19 (-0.78%)

CAD 83.29B
CM:CA Canadian Imperial Bank Of Comm..

+0.09 (+0.10%)

CAD 83.11B
BMO-PE:CA Bank of Montreal Pref Class B

-0.08 (-0.30%)

CAD 81.65B
CM-PQ:CA Canadian Imperial Bank of Comm..

+0.01 (+0.04%)

CAD 61.79B

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
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 %

-0.07 (-0.25%)

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 -43.67% 21% F 6% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return -43.67% 21% F 7% C-
Trailing 12 Months  
Capital Gain -35.70% 21% F 7% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return -35.70% 21% F 9% A-
Trailing 5 Years  
Capital Gain -52.07% 29% F 9% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return -52.07% 57% F 10% F
Average Annual (5 Year Horizon)  
Capital Gain 2.33% 74% C 45% F
Dividend Return 7.71% 74% C 57% F
Total Return 5.37% 100% F 94% A
Risk Return Profile  
Volatility (Standard Deviation) 24.46% 26% F 36% F
Risk Adjusted Return 31.50% 63% D 49% F
Market Capitalization 89.91B 63% D 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