BNS:CA:TSX-The Bank of Nova Scotia

COMMON STOCK | Banks - Global | TSX

Last Closing Price

CAD 74.75

Change

+0.28 (+0.38)%

Market Cap

CAD 91.23B

Volume

2.97M

Average Target Price

CAD 78.56 (+5.09%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

The Bank of Nova Scotia provides various banking products and services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers. It is also involved in the provision of investment and wealth management advice, services, products, and solutions to customers and advisors; wealth management solutions, such as private customer, online brokerage, full-service brokerage, pension, and institutional customer services, as well as asset management business focusing on developing investment solutions for retail and institutional investors; and international banking services for retail, corporate, and commercial customers. In addition, the company offers corporate lending; trade finance and cash management; investment banking services, including corporate finance, and mergers and acquisitions; fixed income and equity underwriting, sales, trading, and research services; prime brokerage and stock lending services; foreign exchange sales and trading services; commodity derivatives sales and trading; and collateral management services for corporate, government, and institutional investor clients. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 955 branches and approximately 3,644 automated banking machines in Canada; and approximately 1,800 branches internationally, as well as contact and business support centers. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

Market Stats

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-09-17 )

Largest Industry Peers for Banks - Global

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
RY-PZ:CA Royal Bank of Canada

-0.09 (-0.51%)

CAD 152.84B 2.02 0.00
RY:CA Royal Bank of Canada

+0.50 (+0.47%)

CAD 151.86B 12.08 0.00
RY-PC:CA Royal Bank of Canada

+0.02 (+0.08%)

CAD 151.15B 2.89 N/A
RY-PE:CA Royal Bank of Canada

-0.03 (-0.12%)

CAD 150.50B 2.88 0.00
RY-PQ:CA Royal Bank of Canada

+0.01 (+0.04%)

CAD 149.40B 2.94 0.00
TD:CA The Toronto-Dominion Bank

+0.42 (+0.56%)

CAD 137.70B 12.03 0.00
BMO:CA Bank of Montreal

+0.19 (+0.20%)

CAD 61.74B 10.22 0.00
CM:CA Canadian Imperial Bank of Comm..

+0.05 (+0.05%)

CAD 48.73B 9.59 0.00
NA:CA National Bank of Canada

-0.04 (-0.06%)

CAD 21.59B 10.43 0.00
NA-PS:CA National Bank of Canada

-0.12 (-0.69%)

CAD 21.21B 2.81 0.00

ETFs Containing BNS:CA

Symbol Name Weight Mer Price(Change) Market Cap
XFN:CA iShares S&P/TSX Cappe.. 11.66 % 0.61 %

+0.20 (+0.51%)

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 %

+0.12 (+0.50%)

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

+0.06 (+0.46%)

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

+0.17 (+0.50%)

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

+0.14 (+0.50%)

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 %

+0.01 (+0.12%)

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

+0.14 (+0.68%)

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 %

+0.15 (+0.60%)

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

+0.17 (+0.47%)

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

+0.05 (+0.23%)

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

+1.38 (+1.35%)

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

+0.14 (+0.56%)

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 %

+0.20 (+0.71%)

CAD 0.01B
QCAN 4.28 % 0.30 %

N/A

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

+0.06 (+0.31%)

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

+0.19 (+0.56%)

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 %

+0.14 (+0.52%)

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

+0.16 (+0.58%)

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 %

+0.24 (+0.75%)

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

+0.27 (+0.91%)

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

+0.19 (+1.54%)

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

+0.06 (+0.29%)

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

+0.09 (+0.39%)

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 %

+0.12 (+0.31%)

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

+0.05 (+0.16%)

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

+0.10 (+0.39%)

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

N/A

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

+0.32 (+0.52%)

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 %

+0.07 (+0.32%)

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

+0.04 (+0.26%)

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

+0.06 (+0.19%)

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 %

+0.12 (+0.53%)

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

+0.03 (+0.36%)

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

+0.05 (+0.19%)

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

+0.14 (+0.51%)

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 %

+0.05 (+0.44%)

CAD 0.15B
CRQ:CA 0.00 % 0.73 %

N/A

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

+0.15 (+0.44%)

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

+0.09 (+0.43%)

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

-0.04 (-0.25%)

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 %

+0.15 (+0.75%)

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 %

+0.05 (+0.27%)

CAD 1.85B
SHC:CA 0.00 % 0.71 %

N/A

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

+0.10 (+0.35%)

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

+0.14 (+0.65%)

CAD 0.14B

Market Performance

  Market Performance vs.
Industry/Classification (Banks - Global)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 9.85% 50% F 52% F
Dividend Return 2.56% 33% F 69% D+
Total Return 12.40% 50% F 54% F
Trailing 12 Months  
Capital Gain -1.77% 67% D+ 45% F
Dividend Return 4.52% 100% A+ 79% C+
Total Return 2.75% 67% D+ 51% F
Trailing 5 Years  
Capital Gain 2.44% 17% F 53% F
Dividend Return 19.68% 33% F 71% C-
Total Return 22.12% 17% F 58% F
Average Annual (5 Year Horizon)  
Capital Gain 3.51% 17% F 60% D-
Dividend Return 4.10% 67% D+ 78% C+
Total Return 7.61% 17% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 15.86% 33% F 48% F
Risk Adjusted Return 47.98% 17% F 59% F
Market Capitalization 91.23B 45% F 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Banks - Global)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.23 27% F 72% C-
Price/Book Ratio 1.40 36% F 45% F
Price / Cash Flow Ratio -4.05 45% F 84% B
EV/EBITDA 0.00 30% F 68% D+
Management Effectiveness  
Return on Equity 12.75% 9% F 80% B-
Return on Invested Capital 2.78% 18% F 44% F
Return on Assets 0.87% 55% F 43% F
Debt to Equity Ratio 9.10% 100% A+ 84% B
Technical Ratios  
Short Ratio 17.24 14% F 6% F
Short Percent 300.00% 50% F 64% D
Beta 0.97 55% F 34% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

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