ducovest

NA:CA:TSX-National Bank of Canada

EQUITY | Banks - Global | Toronto Stock Exchange

Last Closing

CAD 64.99

Change

+0.16 (+0.25)%

Market Cap

CAD 16.74B

Volume

1.23M

Analyst Target

CAD 65.45
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.

Company Website : http://www.nbc.ca

Currency: CAD

Country : Canada

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-19 )

Largest Industry Peers for Banks - Global

ETFs Containing NA:CA

TCSB:CA TD Select Short Term Corp.. 1.93 % 0.28 %

-0.02 (0%)

 CAD 0.10B
CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

-0.03 (0%)

 USD 7.10M
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

-0.01 (0%)

 CAD 0.19B
FIE.A:CA 0.00 % 1.78 %

N/A

 N/A
HEF.A:CA 0.00 % 1.61 %

N/A

 N/A
HEX.A:CA 0.00 % 1.60 %

N/A

 N/A
RQH:CA 0.00 % 0.28 %

N/A

 N/A
RQI:CA 0.00 % 0.28 %

N/A

 N/A

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 15.95% 100% F 67% D+
Dividend Return 2.37% 17% F 66% D+
Total Return 18.32% 100% F 69% C-
Trailing 12 Months  
Capital Gain -0.18% 83% B 51% F
Dividend Return 3.99% 67% D+ 74% C
Total Return 3.81% 83% B 57% F
Trailing 5 Years  
Capital Gain 22.60% 67% D+ 68% D+
Dividend Return 22.56% 83% B 77% C+
Total Return 45.16% 67% D+ 72% C
Average Annual (5 Year Horizon)  
Capital Gain 7.76% 83% B 76% C+
Dividend Return 12.56% 100% F 80% B-
Total Return 4.81% 100% F 84% B
Risk Return Profile  
Volatility (Standard Deviation) 18.34% 17% F 44% F
Risk Adjusted Return 68.50% 33% F 75% 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% 75%
Price/Book Ratio 1.80 18% 37%
Price / Cash Flow Ratio -2.62 18% 82%
Price/Free Cash Flow Ratio 0.00 50% 69%
Management Effectiveness  
Return on Equity 15.67% 45% 88%
Return on Invested Capital 0.91% 9% 36%
Return on Assets 0.86% 36% 42%
Debt to Equity Ratio 64.65% 82% 40%

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.

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.

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 free cash flow

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

What to not like:
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.

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 book value

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

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 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.

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