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

COMMON STOCK | Banks-Diversified | TSX

Last Closing Price

CAD 79.69

Change

0.00 (0.00)%

Market Cap

CAD 96.83B

Volume

2.95M

Avg Analyst Target

CAD 86.65 (+8.74%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

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 through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. 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 insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. Address: Bank of Nova Scotia Building, Halifax, NS, Canada, B3J 1W1

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-10-17 )

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

CAD211.53B 2.31 N/A
RY-PM:CA Royal Bank of Canada

N/A

CAD199.17B 2.34 N/A
RY-PJ:CA Royal Bank of Canada

N/A

CAD196.35B 2.37 N/A
RY:CA Royal Bank of Canada

N/A

CAD186.15B 12.31 N/A
TD:CA The Toronto-Dominion Bank

N/A

CAD158.36B 10.26 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-PW:CA Bank of Montreal

N/A

CAD95.63B 2.29 N/A
BMO:CA Bank of Montreal

N/A

CAD85.99B 12.38 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

CAD0.20B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

N/A

CAD0.02B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.24 %

N/A

CAD0.39B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.33 %

N/A

CAD8.57M
RBNK:CA RBC Canadian Bank Yield I.. 0.00 % 0.32 %

N/A

CAD0.20B
XDIV:CA iShares Core MSCI Canadia.. 0.00 % 0.11 %

N/A

CAD0.54B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.40 %

N/A

CAD7.47M
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.04 %

N/A

CAD0.11B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.05 %

N/A

CAD0.50B
DRMC:CA Desjardins RI Canada - Lo.. 0.00 % 0.29 %

N/A

CAD0.02B
HCB:CA Hamilton Canadian Bank Va.. 0.00 % 0.65 %

N/A

CAD0.01B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

N/A

CAD0.31B
XBAL:CA iShares Core Balanced ETF.. 0.00 % 0.20 %

N/A

CAD0.82B
XGRO:CA iShares Core Growth ETF P.. 0.00 % 0.20 %

N/A

CAD1.15B
FCCL:CA Fidelity Canadian Low Vol.. 0.00 % 0.40 %

N/A

CAD0.02B
BNC:CA Purpose Canadian Financia.. 0.00 % 0.66 %

N/A

CAD0.01B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD0.35B
XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.18 %

N/A

CAD0.15B
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
MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.40 %

N/A

CAD0.34B
ZWC:CA BMO CA High Dividend Cove.. 0.00 % 0.72 %

N/A

CAD1.22B
FDV:CA CI Active Canadian Divide.. 0.00 % 0.92 %

N/A

CAD5.30M
XCV:CA iShares Canadian Value In.. 0.00 % 0.55 %

N/A

CAD0.07B
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

CAD0.82B
PXC:CA Invesco FTSE RAFI Canadia.. 0.00 % 0.51 %

N/A

CAD0.26B
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

CAD1.60B
VCE:CA Vanguard FTSE Canada Inde.. 0.00 % 0.05 %

N/A

CAD1.13B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

N/A

CAD4.43B
VDY:CA Vanguard FTSE Canadian Hi.. 0.00 % 0.21 %

N/A

CAD1.27B
XDV:CA iShares Canadian Select D.. 0.00 % 0.55 %

N/A

CAD1.76B
QCD:CA AGFiQ Canadian Equity ETF 0.00 % 0.45 %

N/A

CAD0.07B
XEI:CA iShares S&P/TSX Composite.. 0.00 % 0.22 %

N/A

CAD1.11B
XFN:CA iShares S&P/TSX Capped Fi.. 0.00 % 0.61 %

N/A

CAD1.39B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.06 %

N/A

CAD9.27B
XIU:CA iShares S&P/TSX 60 Index .. 0.00 % 0.18 %

N/A

CAD10.23B
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

CAD0.58B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.06 %

N/A

CAD7.13B
ZDV:CA BMO Canadian Dividend ETF 0.00 % 0.39 %

N/A

CAD0.75B
ZEB:CA BMO Equal Weight Banks In.. 0.00 % 0.60 %

N/A

CAD2.30B
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

CAD0.09B
FST:CA First Trust Canadian Capi.. 0.00 % 0.03 %

N/A

CAD0.05B
HFY:CA Hamilton Global Financial.. 0.00 % 1.15 %

N/A

CAD0.06B
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 15.83% 22% F 60% D-
Dividend Return 5.23% 100% A+ 93% A
Total Return 21.06% 33% F 66% D
Trailing 12 Months  
Capital Gain 41.85% 56% F 72% C-
Dividend Return 6.41% 100% A+ 88% B+
Total Return 48.26% 56% F 74% C
Trailing 5 Years  
Capital Gain 12.59% 17% F 46% F
Dividend Return 21.62% 50% F 80% B-
Total Return 34.20% 17% F 53% F
Average Annual (5 Year Horizon)  
Capital Gain 0.80% 11% F 25% F
Dividend Return 4.20% 89% B+ 87% B+
Total Return 5.00% 22% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 21.48% 67% D+ 50% F
Risk Adjusted Return 23.29% 11% F 29% F
Market Capitalization 96.83B 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 11.15 17% F 61% D-
Price/Book Ratio 1.47 100% A+ 55% F
Price / Cash Flow Ratio 1.71 27% F 76% C
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 13.02% 28% F 67% D+
Return on Invested Capital -0.93% 90% A- 37% F
Return on Assets 0.80% 52% F 37% F
Debt to Equity Ratio 10.87% 79% C+ 82% B-
Technical Ratios  
Short Ratio 9.73 55% F 13% F
Short Percent 3.74% 9% F 43% F
Beta 0.83 69% D+ 72% 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.

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 capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it 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.

Positive cash flow

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

Superior Earnings Growth

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

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.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.