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

EQUITY | Banks - Diversified | Toronto Stock Exchange

Last Closing

CAD 69.42

Change

+0.96 (+1.40)%

Market Cap

CAD 87.66B

Volume

3.72M

Analyst Target

CAD 60.66
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: 2024-03-27 )

Largest Industry Peers for Banks - Diversified

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

+0.67 (+0.50%)

CAD 190.27B
RY-PZ:CA Royal Bank of Canada Pref Z

+0.01 (+0.04%)

CAD 189.83B
RY-PM:CA Royal Bank of Canada Pref M

+0.20 (+0.87%)

CAD 177.48B
RY-PJ:CA Royal Bank of Canada Pref J

+0.12 (+0.51%)

CAD 176.13B
TD:CA Toronto Dominion Bank

+0.44 (+0.54%)

CAD 141.25B
BMO-PW:CA Bank of Montreal Pref W

-0.36 (-1.49%)

CAD 94.42B
BMO:CA Bank of Montreal

-2.46 (-1.94%)

CAD 90.12B
BMO-PY:CA Bank of Montreal Pref Y

-0.05 (-0.21%)

CAD 80.91B
BMO-PE:CA Bank of Montreal Pref Class B

-0.20 (-0.80%)

CAD 77.46B
CM:CA Canadian Imperial Bank Of Comm..

+0.61 (+0.94%)

CAD 61.07B

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:CA TD Select U.S. Short Term.. 2.35 % 0.28 %

-0.08 (0.36%)

CAD 8.66M
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 S&P/TSX Capped Composi.. 0.00 % 0.07 %

+0.12 (+0.36%)

CAD 1.34B
FST:CA First Trust Canadian Capi.. 0.00 % 0.66 %

+0.18 (+0.36%)

CAD 0.04B

Market Performance

  Market Performance vs. Industry/Classification (Banks - Diversified) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 7.63% 59% D- 65% D
Dividend Return 1.64% 82% B 76% C+
Total Return 9.27% 59% D- 70% C-
Trailing 12 Months  
Capital Gain 2.34% 14% F 42% F
Dividend Return 6.21% 77% C+ 87% B+
Total Return 8.55% 18% F 53% F
Trailing 5 Years  
Capital Gain -2.42% 33% F 39% F
Dividend Return 25.64% 83% B 93% A
Total Return 23.22% 33% F 49% F
Average Annual (5 Year Horizon)  
Capital Gain -0.29% 73% C 41% F
Dividend Return 4.80% 73% C 57% F
Total Return 5.09% 100% F 94% A
Risk Return Profile  
Volatility (Standard Deviation) 25.42% 23% F 37% F
Risk Adjusted Return 18.89% 68% D+ 50% F
Market Capitalization 87.66B 61% D- 99% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Banks - Diversified) Ratio vs. Market (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 12.80 23% 61%
Price/Book Ratio 1.20 100% 54%
Price / Cash Flow Ratio 2.67 94% 64%
Price/Free Cash Flow Ratio N/A N/A N/A
Management Effectiveness  
Return on Equity 10.20% 23% 64%
Return on Invested Capital N/A N/A N/A
Return on Assets 0.58% 23% 33%
Debt to Equity Ratio 247.87% 32% 8%

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 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