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

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 89.97

Change

0.00 (0.00)%

Market Cap

CAD 109.38B

Volume

6.56M

Avg Analyst Target

CAD 90.31 (+0.38%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


The Bank of Nova Scotia (BNS) Stock Analysis:
Based on the The Bank of Nova Scotia stock forecasts from 12 analysts, the average analyst target price for The Bank of Nova Scotia is CAD 90.31 over the next 12 months. The Bank of Nova Scotia’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of The Bank of Nova Scotia is Neutral, which is based on 5 positive signals and 5 negative signals. At the last closing, The Bank of Nova Scotia’s stock price was CAD 89.97. The Bank of Nova Scotia’s stock price has changed by -2.32% over the past week, +0.66% over the past month and +29.64% over the last year.

About

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Managem ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-23 )

Largest Industry Peers for Banks-Diversified

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

N/A

CAD211.01B 2.21 N/A
RY:CA Royal Bank of Canada

N/A

CAD206.08B 13.08 N/A
RY-PM:CA Royal Bank of Canada

N/A

CAD196.21B 2.22 N/A
RY-PJ:CA Royal Bank of Canada

N/A

CAD194.86B 2.26 N/A
TD:CA The Toronto-Dominion Bank

N/A

CAD183.01B 12.99 N/A
RY-PC:CA Royal Bank of Canada

N/A

CAD149.96B 2.64 N/A
RY-PE:CA Royal Bank of Canada

N/A

CAD149.54B 2.61 N/A
RY-PQ:CA Royal Bank of Canada

N/A

CAD144.82B 3.09 N/A
BMO:CA Bank of Montreal

N/A

CAD95.04B 12.66 N/A
BMO-PW:CA Bank of Montreal

N/A

CAD94.97B 2.11 N/A

ETFs Containing BNS:CA

Symbol Name Weight Mer Price(Change) Market Cap
CEW:CA iShares Equal Weight Banc.. 0.00 % 0.61 %

N/A

CAD0.24B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.39 %

N/A

CAD0.02B
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

N/A

CAD0.41B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.24 %

N/A

CAD0.41B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

N/A

CAD9.56M
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

N/A

CAD0.47B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

N/A

CAD9.09M
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

N/A

CAD0.10B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.05 %

N/A

CAD0.49B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

N/A

CAD0.02B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

N/A

CAD0.29B
XBAL:CA iShares Core Balanced ETF.. 0.00 % 0.20 %

N/A

CAD0.73B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.20 %

N/A

CAD0.99B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

N/A

CAD0.02B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.35B
ZWC:CA BMO CA High Dividend Cove.. 0.00 % 0.72 %

N/A

CAD1.34B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.18 %

N/A

CAD0.16B
HBG-U:CA Hamilton Global Bank ETF 0.00 % 1.21 %

N/A

N/A
HFY-U:CA Hamilton Global Financial.. 0.00 % 1.20 %

N/A

N/A
ESGA:CA BMO MSCI Canada ESG Leade.. 0.00 % 0.17 %

N/A

CAD0.07B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.30 %

N/A

N/A
XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.17 %

N/A

N/A
FCCM:CA Fidelity Canadian Momentu.. 0.00 % 0.33 %

N/A

N/A
HCA:CA Hamilton Canadian Bank Me.. 0.00 % 0.56 %

N/A

N/A
HFG:CA Hamilton Global Financial.. 0.00 % 0.90 %

N/A

N/A
NDIV:CA NBI Canadian Dividend Inc.. 0.00 % 0.00 %

N/A

N/A
FST-A:CA First Trust Canadian Capi.. 0.00 % 0.03 %

N/A

N/A
XCLR:CA iShares ESG MSCI Canada L.. 0.00 % 0.00 %

N/A

N/A
BNC:CA Purpose Canadian Financia.. 0.00 % 0.66 %

N/A

CAD0.01B
QCD:CA AGFiQ Canadian Equity ETF 0.00 % 0.45 %

N/A

CAD0.07B
FDV:CA CI Active Canadian Divide.. 0.00 % 0.92 %

N/A

CAD5.78M
XCV:CA iShares Canadian Value In.. 0.00 % 0.55 %

N/A

CAD0.08B
HAL:CA Horizons Active Cdn Divid.. 0.00 % 0.67 %

N/A

CAD0.10B
HBG:CA Hamilton Global Bank ETF 0.00 % 1.15 %

N/A

CAD0.02B
HEF:CA Horizons Enhanced Income .. 0.00 % 0.84 %

N/A

CAD0.02B
HEX:CA Horizons Enhanced Income .. 0.00 % 0.85 %

N/A

CAD0.02B
PDC:CA Invesco Canadian Dividend.. 0.00 % 0.56 %

N/A

CAD0.89B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.51 %

N/A

CAD0.25B
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.42 %

N/A

CAD0.12B
RCE:CA RBC Quant Canadian Equity.. 0.00 % 0.43 %

N/A

CAD0.02B
TTP:CA TD Canadian Equity Index .. 0.00 % 0.05 %

N/A

CAD1.69B
VCE:CA Vanguard FTSE Canada Inde.. 0.00 % 0.05 %

N/A

CAD1.23B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD4.62B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.21 %

N/A

CAD1.53B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

N/A

CAD1.87B
HFY:CA Hamilton Global Financial.. 0.00 % 1.15 %

N/A

CAD0.06B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

N/A

CAD1.55B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

N/A

CAD1.83B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

N/A

CAD9.90B
XIU:CA iShares S&P/TSX 60 Index .. 0.00 % 0.18 %

N/A

CAD11.05B
XMV:CA iShares MSCI Min Vol Cana.. 0.00 % 0.33 %

N/A

CAD0.14B
XTR:CA iShares Diversified Month.. 0.00 % 0.62 %

N/A

CAD0.56B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.06 %

N/A

CAD7.20B
ZDV:CA BMO Canadian Dividend ETF 0.00 % 0.39 %

N/A

CAD0.81B
ZEB:CA BMO Equal Weight Banks In.. 0.00 % 0.60 %

N/A

CAD2.70B
BANK:CA BMO Global Banks Hedged t.. 0.00 % 0.39 %

N/A

CAD4.39M
DXC:CA Dynamic Active Canadian D.. 0.00 % 0.85 %

N/A

CAD0.11B
FST:CA First Trust Canadian Capi.. 0.00 % 0.03 %

N/A

CAD0.05B
CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

N/A

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Banks-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.47% 79% C+ 74% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.47% 72% C- 74% C
Trailing 12 Months  
Capital Gain 29.64% 44% F 82% B-
Dividend Return 5.33% 89% B+ 85% B
Total Return 34.97% 44% F 83% B
Trailing 5 Years  
Capital Gain 15.46% 17% F 51% F
Dividend Return 19.97% 67% D+ 80% B-
Total Return 35.43% 17% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 2.30% 11% F 32% F
Dividend Return 4.31% 89% B+ 87% B+
Total Return 6.61% 22% F 43% F
Risk Return Profile  
Volatility (Standard Deviation) 23.11% 56% F 45% F
Risk Adjusted Return 28.61% 11% F 31% F
Market Capitalization 109.38B 77% C+ 99% A+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 11.68 14% F 59% F
Price/Book Ratio 1.71 67% D+ 49% F
Price / Cash Flow Ratio -1.20 18% F 79% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 13.89% 28% F 71% C-
Return on Invested Capital -2.69% 7% F 28% F
Return on Assets 0.86% 59% F 36% F
Debt to Equity Ratio 8.95% 100% A+ 85% B
Technical Ratios  
Short Ratio 8.75 72% C- 14% F
Short Percent 3.74% 9% F 43% F
Beta 0.86 69% D+ 70% C-
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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

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.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

Superior Dividend Growth

This stock has shown top quartile dividend growth in the previous 5 years compared to its sector

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.

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.

Poor return on equity

The company management has delivered below median return on equity 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.