BNS:CA:TSX-The Bank of Nova Scotia

COMMON STOCK | Banks - Global | TSX

Last Closing Price

CAD 69.37

Change

0.00 (0.00)%

Market Cap

CAD 83.83B

Volume

1.13M

Average Target Price

CAD 81.17 (+17.01%)
Average Analyst Rating

Verdict

STA Verdict

Verdict

About

Bank of Nova Scotia is a diversified financial services institution that provides financial products and services to retail, commercial and corporate customers around the world.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-07-19 )

Largest Industry Peers for Banks - Global

Symbol Name Price(Change) Market Cap
RY-PZ:CA Royal Bank of Canada

-0.07 (-0.39%)

CAD 156.29B
RY-PQ:CA Royal Bank of Canada

-0.13 (-0.50%)

CAD 151.83B
RY-PE:CA Royal Bank of Canada

-0.02 (-0.08%)

CAD 150.73B
RY:CA Royal Bank of Canada

+0.41 (+0.39%)

CAD 150.53B
TD:CA The Toronto-Dominion Bank

-0.23 (-0.30%)

CAD 140.44B
BMO:CA Bank of Montreal

-0.39 (-0.39%)

CAD 63.06B
CM:CA Canadian Imperial Bank of Comm..

+0.30 (+0.29%)

CAD 45.67B
NA-PS:CA National Bank of Canada

-0.23 (-1.28%)

CAD 21.72B
NA:CA National Bank of Canada

+0.27 (+0.43%)

CAD 21.23B

ETFs Containing BNS:CA

Symbol Name Weight Mer Price(Change) Market Cap
HCB:CA Hamilton Capital Canadian.. 27.05 % 0.65 %

+0.03 (+0.20%)

CAD 0.01B
RBNK:CA RBC Canadian Bank Yield I.. 24.72 % 0.33 %

+0.03 (+0.15%)

CAD 0.06B
CIC:CA CI First Asset CanBanc In.. 12.63 % 0.84 %

N/A

CAD 0.15B
XFN:CA iShares S&P/TSX Cappe.. 11.67 % 0.61 %

-0.01 (-0.03%)

CAD 1.04B
DXC:CA Dynamic iShares Active Ca.. 11.20 % 0.86 %

N/A

CAD 0.03B
CEW.A:CA 9.87 % 1.44 %

N/A

N/A
CEW:CA iShares Equal Weight Banc.. 9.74 % 0.60 %

+0.03 (+0.24%)

CAD 0.15B
FIE.A:CA 8.98 % 1.78 %

N/A

N/A
XDIV:CA iShares Core MSCI Canadia.. 8.94 % 0.11 %

+0.04 (+0.19%)

CAD 0.14B
VDY:CA Vanguard FTSE Canadian Hi.. 8.92 % 0.22 %

-0.02 (-0.06%)

CAD 0.51B
BNC:CA Purpose Canadian Financia.. 8.84 % 0.68 %

N/A

CAD 2.16M
SHC:CA 8.36 % 0.71 %

N/A

N/A
PDC:CA Invesco Canadian Dividend.. 8.22 % 0.55 %

-0.05 (-0.18%)

CAD 0.65B
XCV:CA iShares Canadian Value In.. 7.89 % 0.55 %

-0.02 (-0.08%)

CAD 0.05B
HEF:CA Horizons Enhanced Income .. 7.32 % 0.83 %

+0.01 (+0.12%)

CAD 0.02B
FIE:CA iShares Canadian Financia.. 7.05 % 0.97 %

-0.01 (-0.07%)

CAD 0.65B
CRQ.A:CA 6.19 % 1.55 %

N/A

N/A
DRMC:CA Desjardins RI Canada - Lo.. 6.15 % 0.29 %

N/A

CAD 3.99M
ZVC:CA BMO MSCI Canada Value Ind.. 5.93 % 0.40 %

N/A

CAD 5.98M
PXC:CA Invesco FTSE RAFI Canadia.. 5.75 % 0.50 %

+0.14 (+0.53%)

CAD 0.28B
CRQ:CA 5.72 % 0.73 %

N/A

N/A
RCD:CA RBC Quant Canadian Divide.. 5.45 % 0.43 %

+0.05 (+0.24%)

CAD 0.12B
XDV:CA iShares Canadian Select D.. 5.30 % 0.55 %

-0.01 (-0.04%)

CAD 1.32B
FLRM:CA Franklin Liberty Risk Man.. 5.10 % 0.33 %

+0.05 (+0.23%)

CAD 0.01B
FLCA Franklin FTSE Canada ETF 5.09 % 0.09 %

-0.05 (-0.21%)

USD 5.04M
VCE:CA Vanguard FTSE Canada Inde.. 5.04 % 0.06 %

-0.03 (-0.09%)

CAD 0.65B
XEI:CA iShares S&P/TSX Compo.. 4.93 % 0.22 %

N/A

CAD 0.62B
QCE:CA Mackenzie Canadian Large .. 4.93 % 0.06 %

N/A

CAD 0.07B
XIU:CA iShares S&P/TSX 60 In.. 4.80 % 0.18 %

-0.03 (-0.10%)

CAD 8.39B
XESG:CA 4.52 % 0.00 %

N/A

N/A
HEWC iShares Currency Hedged M.. 4.50 % 0.03 %

-0.02 (-0.06%)

USD 0.04B
EWC iShares MSCI Canada ETF 4.48 % 0.47 %

-0.14 (-0.48%)

USD 2.71B
ZCAN SPDR Solactive Canada ETF 4.32 % 0.30 %

-0.18 (-0.30%)

USD 0.02B
TTP:CA TD Canadian Equity Index .. 4.29 % 0.07 %

N/A

CAD 0.02B
FCCL:CA Fidelity Canadian Low Vol.. 4.22 % 0.00 %

N/A

CAD 0.01B
VCN:CA Vanguard FTSE Canada All .. 4.03 % 0.06 %

N/A

CAD 1.98B
ZWC:CA BMO CA High Dividend Cove.. 4.02 % 0.72 %

N/A

CAD 0.48B
MCLC:CA Manulife Multifactor Cana.. 3.91 % 0.45 %

N/A

CAD 0.04B
QCN:CA Mackenzie Canadian Equity.. 3.91 % 0.06 %

N/A

CAD 0.03B
FLCD:CA 3.89 % 0.00 %

N/A

N/A
XIC:CA iShares Core S&P/TSX .. 3.74 % 0.06 %

-0.02 (-0.08%)

CAD 5.20B
QCD:CA AGFiQ Enhanced Core Canad.. 3.48 % 0.45 %

+0.05 (+0.18%)

CAD 0.10B
FCCQ:CA Fidelity Canadian High Qu.. 3.39 % 0.39 %

N/A

CAD 5.40M
QCAN 3.21 % 0.30 %

N/A

N/A
WOMN:CA BMO Women In Leadership F.. 3.18 % 0.39 %

N/A

CAD 2.12M
HBG:CA Hamilton Capital Global B.. 3.02 % 1.15 %

+0.08 (+0.40%)

CAD 0.04B
XMV:CA iShares Edge MSCI Min Vol.. 2.94 % 0.33 %

-0.02 (-0.06%)

CAD 0.10B
HFY:CA Hamilton Capital Global F.. 2.81 % 1.20 %

N/A

CAD 0.06B
TLV:CA Invesco S&P/TSX Compo.. 2.40 % 0.34 %

-0.09 (-0.31%)

CAD 0.37B
RWC:CA CI First Asset MSCI Canad.. 2.30 % 0.68 %

N/A

CAD 7.96M
CID VictoryShares Internation.. 1.57 % 0.45 %

-0.21 (-0.65%)

USD 0.04B
XGRO:CA iShares Core Growth ETF P.. 0.75 % 0.84 %

-0.03 (-0.15%)

CAD 0.16B
IDLV Invesco S&P International.. 0.68 % 0.25 %

-0.23 (-0.67%)

USD 0.82B
XBAL:CA iShares Core Balanced ETF.. 0.58 % 0.76 %

N/A

CAD 0.13B
CIL VictoryShares Internation.. 0.00 % 0.45 %

-0.12 (-0.32%)

USD 0.04B
BANK:CA BMO Global Banks Hedged t.. 0.00 % 0.39 %

+0.06 (+0.33%)

CAD 8.05M
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

-0.04 (-0.13%)

USD 0.11B
HDAW Xtrackers MSCI All World .. 0.00 % 0.32 %

-0.05 (-0.21%)

USD 0.03B
FIVA Fidelity International Va.. 0.00 % 0.39 %

+0.04 (+0.16%)

USD 0.01B

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 1.94% 33% F 28% F
Dividend Return 2.56% 67% D+ 74% C
Total Return 4.50% 33% F 31% F
Trailing 12 Months  
Capital Gain -8.93% 33% F 34% F
Dividend Return 4.52% 83% B 75% C
Total Return -4.41% 33% F 37% F
Trailing 5 Years  
Capital Gain -4.99% 17% F 48% F
Dividend Return 19.67% 17% F 68% D+
Total Return 14.68% 17% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain 3.13% 17% F 58% F
Dividend Return 7.18% 17% F 66% D
Total Return 4.05% 50% F 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 16.25% 33% F 51% F
Risk Adjusted Return 44.18% 17% F 59% F
Market Capitalization 83.83B 50% 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 10.36 50% F 80% B-
Price/Book Ratio 1.33 50% F 47% F
Price / Cash Flow Ratio 0.00 30% F 58% F
Price/Free Cash Flow Ratio 0.00 30% F 37% F
Management Effectiveness  
Return on Equity 13.07% 10% F 82% B-
Return on Invested Capital N/A N/A N/A N/A N/A
Return on Assets 0.88% 50% F 45% F
Debt to Equity Ratio 9.10% 100% A+ 82% B-
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 cash flow

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

Positive free cash flow

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

Superior Dividend Growth

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

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 total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

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.

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.

Overpriced on free cash flow basis

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

Low Revenue Growth

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