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

EQUITY | Banks - Global | Toronto Stock Exchange

Last Closing

CAD 68.22

Change

+0.29 (+0.43)%

Market Cap

CAD 87.66B

Volume

1.51M

Analyst Target

CAD 78.15
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Bank of Nova Scotia is a diversified financial services institution that provides financial products and services to retail, commercial and corporate customers around the world.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-08-21 )

Largest Industry Peers for Banks - Global

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

+0.40 (+0.38%)

CAD 152.43B
RY-PC:CA Royal Bank of Canada

N/A

CAD 151.27B
RY-PE:CA Royal Bank of Canada

+0.02 (+0.08%)

CAD 150.62B
RY-PZ:CA Royal Bank of Canada

-0.34 (-1.92%)

CAD 149.90B
RY-PQ:CA Royal Bank of Canada

-0.08 (-0.31%)

CAD 148.94B
TD:CA The Toronto-Dominion Bank

+0.34 (+0.45%)

CAD 138.31B
BMO:CA Bank of Montreal

+0.61 (+0.63%)

CAD 62.13B
CM:CA Canadian Imperial Bank of Comm..

+0.48 (+0.44%)

CAD 48.94B
NA:CA National Bank of Canada

+0.24 (+0.37%)

CAD 21.67B
NA-PS:CA National Bank of Canada

-0.38 (-2.19%)

CAD 20.74B

ETFs Containing BNS:CA

XFN:CA iShares S&P/TSX Cappe.. 11.66 % 0.61 %

+0.09 (+0.44%)

CAD 1.04B
BNC:CA Purpose Canadian Financia.. 11.37 % 0.68 %

N/A

CAD 2.16M
RQG:CA RBC Target 2019 Corporate.. 11.00 % 0.28 %

N/A

CAD 0.03B
DXC:CA Dynamic iShares Active Ca.. 10.84 % 0.86 %

N/A

CAD 0.03B
CEW:CA iShares Equal Weight Banc.. 9.74 % 0.60 %

+0.01 (+0.44%)

CAD 0.15B
VDY:CA Vanguard FTSE Canadian Hi.. 9.07 % 0.22 %

+0.05 (+0.44%)

CAD 0.51B
PDC:CA Invesco Canadian Dividend.. 8.20 % 0.55 %

+0.07 (+0.44%)

CAD 0.65B
XCV:CA iShares Canadian Value In.. 7.90 % 0.55 %

N/A

CAD 0.05B
HEF:CA Horizons Enhanced Income .. 7.23 % 0.83 %

N/A

CAD 0.02B
DRMC:CA Desjardins RI Canada - Lo.. 6.05 % 0.29 %

-0.03 (0.44%)

CAD 3.99M
PXC:CA Invesco FTSE RAFI Canadia.. 5.75 % 0.50 %

N/A

CAD 0.28B
XDV:CA iShares Canadian Select D.. 5.27 % 0.55 %

+0.04 (+0.44%)

CAD 1.32B
VCE:CA Vanguard FTSE Canada Inde.. 5.11 % 0.06 %

-0.04 (0.44%)

CAD 0.65B
XEI:CA iShares S&P/TSX Compo.. 4.85 % 0.22 %

+0.01 (+0.44%)

CAD 0.62B
QCE:CA Mackenzie Canadian Large .. 4.77 % 0.06 %

N/A

CAD 0.07B
XIU:CA iShares S&P/TSX 60 In.. 4.69 % 0.18 %

-0.04 (0.44%)

CAD 8.39B
TTP:CA TD Canadian Equity Index .. 4.29 % 0.07 %

N/A

CAD 0.02B
FCCL:CA Fidelity Canadian Low Vol.. 4.28 % 0.00 %

+0.04 (+0.44%)

CAD 0.01B
QCAN 4.28 % 0.30 %

N/A

N/A
ZWC:CA BMO CA High Dividend Cove.. 4.05 % 0.72 %

+0.03 (+0.44%)

CAD 0.48B
VCN:CA Vanguard FTSE Canada All .. 4.03 % 0.06 %

-0.07 (0.44%)

CAD 1.98B
MCLC:CA Manulife Multifactor Cana.. 3.82 % 0.45 %

N/A

CAD 0.04B
QCN:CA Mackenzie Canadian Equity.. 3.80 % 0.06 %

N/A

CAD 0.03B
XIC:CA iShares Core S&P/TSX .. 3.66 % 0.06 %

-0.03 (0.44%)

CAD 5.20B
QCD:CA AGFiQ Enhanced Core Canad.. 3.49 % 0.45 %

-0.12 (0.44%)

CAD 0.10B
FCCQ:CA Fidelity Canadian High Qu.. 3.35 % 0.39 %

N/A

CAD 5.40M
XMV:CA iShares Edge MSCI Min Vol.. 2.81 % 0.33 %

N/A

CAD 0.10B
TLV:CA Invesco S&P/TSX Compo.. 2.38 % 0.34 %

+0.01 (+0.44%)

CAD 0.37B
RWC:CA CI First Asset MSCI Canad.. 2.28 % 0.68 %

N/A

CAD 7.96M
XGRO:CA iShares Core Growth ETF P.. 0.73 % 0.84 %

+0.01 (+0.44%)

CAD 0.16B
XBAL:CA iShares Core Balanced ETF.. 0.56 % 0.76 %

-0.04 (0.44%)

CAD 0.13B
WOMN:CA BMO Women In Leadership F.. 0.00 % 0.39 %

N/A

CAD 2.12M
CIL VictoryShares Internation.. 0.00 % 0.45 %

N/A

USD 0.04B
CID VictoryShares Internation.. 0.00 % 0.45 %

+0.09 (+0.44%)

USD 0.04B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

-0.12 (0.44%)

USD 5.04M
XESG:CA iShares ESG MSCI Canada I.. 0.00 % 0.00 %

+0.09 (+0.44%)

CAD 5.00M
ZCAN SPDR Solactive Canada ETF 0.00 % 0.30 %

-0.23 (0.44%)

USD 0.02B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

N/A

CAD 5.98M
FIVA Fidelity International Va.. 0.00 % 0.39 %

-0.10 (0.44%)

USD 0.01B
HCB:CA Hamilton Canadian Bank Va.. 0.00 % 0.65 %

+0.05 (+0.44%)

CAD 0.01B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

-0.08 (0.44%)

USD 0.11B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.00 %

N/A

CAD 0.27B
ZCN:CA BMO S&P/TSX Capped Co.. 0.00 % 0.05 %

-0.04 (0.44%)

CAD 4.07B
FIE:CA iShares Canadian Financia.. 0.00 % 0.97 %

+0.01 (+0.44%)

CAD 0.65B
HDAW Xtrackers MSCI All World .. 0.00 % 0.20 %

-0.03 (0.44%)

USD 0.03B
HEWC iShares Currency Hedged M.. 0.00 % 0.03 %

N/A

USD 0.04B
FIE.A:CA 0.00 % 1.78 %

N/A

N/A
CRQ.A:CA 0.00 % 1.55 %

N/A

N/A
CIC:CA CI First Asset CanBanc In.. 0.00 % 0.84 %

N/A

CAD 0.15B
CRQ:CA 0.00 % 0.73 %

N/A

N/A
IDLV Invesco S&P International.. 0.00 % 0.25 %

+0.04 (+0.44%)

USD 0.82B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.43 %

N/A

CAD 0.12B
HFY:CA Hamilton Global Financial.. 0.00 % 1.20 %

N/A

CAD 0.06B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

N/A

CAD 0.01B
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.33 %

+0.05 (+0.44%)

CAD 0.06B
BANK:CA BMO Global Banks Hedged t.. 0.00 % 0.39 %

N/A

CAD 8.05M
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.71 %

+0.04 (+0.44%)

CAD 1.85B
SHC:CA 0.00 % 0.71 %

N/A

N/A
ZEB:CA BMO Equal Weight Banks In.. 0.00 % 0.60 %

+0.08 (+0.44%)

CAD 1.36B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

+0.04 (+0.44%)

CAD 0.14B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Global) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.25% 33% F 31% F
Dividend Return 2.56% 33% F 73% C
Total Return 2.81% 33% F 33% F
Trailing 12 Months  
Capital Gain -11.97% 33% F 33% F
Dividend Return 4.44% 83% B 77% C+
Total Return -7.54% 50% F 35% F
Trailing 5 Years  
Capital Gain -7.56% 17% F 46% F
Dividend Return 19.46% 33% F 69% D+
Total Return 11.90% 17% F 51% F
Average Annual (5 Year Horizon)  
Capital Gain 3.29% 17% F 60% D-
Dividend Return 7.38% 17% F 67% D+
Total Return 4.09% 67% D+ 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 16.09% 33% F 48% F
Risk Adjusted Return 45.84% 17% F 57% F
Market Capitalization 87.66B 45% F 99% A+

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Global) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.80 27% F 75% C
Price/Book Ratio 1.31 45% F 46% F
Price / Cash Flow Ratio -3.66 45% F 83% B
Price/Free Cash Flow Ratio 0.00 30% F 68% D+
Management Effectiveness  
Return on Equity 13.07% 9% F 81% B-
Return on Invested Capital 2.78% 18% F 44% F
Return on Assets 0.88% 55% F 44% F
Debt to Equity Ratio 9.10% 100% A+ 84% B

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:
Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive free cash flow

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

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor return on equity

The company management has delivered below median return on equity 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.

Negative cashflow

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

Low Revenue Growth

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