NA:CA:TSX-National Bank of Canada

EQUITY | Banks - Global | Toronto Stock Exchange

Last Closing

CAD 61.15

Change

+0.23 (+0.38)%

Market Cap

CAD 16.74B

Volume

0.76M

Analyst Target

CAD 66.00
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

National Bank of Canada provides financial services to consumers, small and medium-sized enterprises, and large corporations. It operates through three segments; Personal and Commercial, Wealth Management and Financial Markets.

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

ETFs Containing NA:CA

CIC:CA CI First Asset CanBanc In.. 20.55 % 0.84 %

+0.03 (+0.00%)

CAD 0.15B
ZEB:CA BMO Equal Weight Banks In.. 18.34 % 0.60 %

+0.05 (+0.00%)

CAD 1.09B
RBNK:CA RBC Canadian Bank Yield I.. 17.69 % 0.33 %

+0.01 (+0.00%)

CAD 0.06B
ZWB:CA BMO Covered Call Canadian.. 13.14 % 0.71 %

+0.05 (+0.00%)

CAD 1.83B
BNC:CA Purpose Canadian Financia.. 12.21 % 0.68 %

N/A

CAD 4.34M
CEW:CA iShares Equal Weight Banc.. 9.78 % 0.60 %

N/A

CAD 0.15B
HEF:CA Horizons Enhanced Income .. 8.03 % 0.83 %

+0.02 (+0.00%)

CAD 0.01B
FIE:CA iShares Canadian Financia.. 6.83 % 0.97 %

+0.01 (+0.00%)

CAD 0.68B
HCB:CA Hamilton Canadian Bank Va.. 6.73 % 0.65 %

N/A

CAD 7.97M
RQH:CA RBC Target 2020 Corporate.. 5.74 % 0.28 %

N/A

CAD 0.03B
QXM:CA CI First Asset Morningsta.. 5.10 % 0.58 %

N/A

CAD 0.07B
XDV:CA iShares Canadian Select D.. 4.70 % 0.55 %

+0.01 (+0.00%)

CAD 1.39B
INOC:CA Horizons Inovestor Canadi.. 4.12 % 0.66 %

N/A

CAD 0.04B
PDC:CA Invesco Canadian Dividend.. 4.07 % 0.55 %

+0.07 (+0.00%)

CAD 0.73B
ZWC:CA BMO CA High Dividend Cove.. 3.80 % 0.72 %

+0.06 (+0.00%)

CAD 0.55B
HEX:CA Horizons Enhanced Income .. 3.49 % 0.84 %

+0.02 (+0.00%)

CAD 0.03B
XFN:CA iShares S&P/TSX Cappe.. 3.12 % 0.61 %

+0.05 (+0.00%)

CAD 1.04B
XMV:CA iShares Edge MSCI Min Vol.. 3.11 % 0.33 %

+0.07 (+0.00%)

CAD 0.12B
MCLC:CA Manulife Multifactor Cana.. 2.95 % 0.45 %

+0.09 (+0.00%)

CAD 0.05B
TLV:CA Invesco S&P/TSX Compo.. 2.76 % 0.34 %

-0.03 (0.00%)

CAD 0.43B
RWC:CA CI First Asset MSCI Canad.. 2.39 % 0.68 %

N/A

CAD 5.85M
PDF:CA Purpose Core Dividend Fun.. 1.80 % 0.68 %

+0.06 (+0.00%)

CAD 0.19B
RWW:CA CI First Asset MSCI World.. 0.74 % 0.66 %

+0.08 (+0.00%)

CAD 0.42B
CIL VictoryShares Internation.. 0.00 % 0.45 %

+0.23 (+0.00%)

USD 0.09B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

+0.14 (+0.00%)

USD 0.09B
FIE.A:CA 0.00 % 1.78 %

N/A

N/A
FBE:CA CI First Asset Canadian B.. 0.00 % 0.83 %

N/A

CAD 0.01B
HEF.A:CA 0.00 % 1.61 %

N/A

N/A
CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

+0.01 (+0.00%)

USD 0.02B
HEX.A:CA 0.00 % 1.60 %

N/A

N/A
FXM:CA CI First Asset Morningsta.. 0.00 % 0.67 %

+0.12 (+0.00%)

CAD 0.07B

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 9.10% 100% A+ 57% F
Dividend Return 2.37% 17% F 69% D+
Total Return 11.47% 100% A+ 60% D-
Trailing 12 Months  
Capital Gain -6.83% 83% B 40% F
Dividend Return 3.96% 67% D+ 71% C-
Total Return -2.86% 83% B 43% F
Trailing 5 Years  
Capital Gain 22.96% 83% B 70% C-
Dividend Return 24.05% 100% A+ 79% C+
Total Return 47.01% 100% A+ 76% C
Average Annual (5 Year Horizon)  
Capital Gain 7.54% 83% B 75% C
Dividend Return 12.33% 100% A+ 79% C+
Total Return 4.80% 100% A+ 84% B
Risk Return Profile  
Volatility (Standard Deviation) 18.58% 17% F 43% F
Risk Adjusted Return 66.40% 33% F 74% C
Market Capitalization 16.74B 18% F 95% 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 14.30 36% F 75% C
Price/Book Ratio 1.72 18% F 37% F
Price / Cash Flow Ratio -2.47 18% F 82% B-
Price/Free Cash Flow Ratio 0.00 50% F 68% D+
Management Effectiveness  
Return on Equity 15.62% 45% F 88% B+
Return on Invested Capital 0.91% 9% F 37% F
Return on Assets 0.86% 36% F 44% F
Debt to Equity Ratio 64.65% 82% B- 41% F

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:
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.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

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.

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.

Poor return on assets

The company management has delivered below median return on assets 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 Earnings Growth

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