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

EQUITY | Banks | Toronto Stock Exchange

Last Closing Price

CAD 70.60

Change

+0.10 (+0.14)%

Market Cap

CAD 86.30B

Volume

1.86M

Average Target Price

CAD 83.00 (+17.56%)
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: 2019-05-24 )

Largest Industry Peers for Banks

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

+1.25 (+1.22%)

CAD 149.13B
TD:CA Toronto-Dominion Bank (The)

+0.63 (+0.83%)

CAD 139.09B
BMO:CA Bank of Montreal

+1.74 (+1.71%)

CAD 66.17B
CM:CA Canadian Imperial Bank Of Comm..

+0.69 (+0.66%)

CAD 46.44B
NA:CA National Bank of Canada

-0.17 (-0.27%)

CAD 20.83B
CWB:CA Canadian Western Bank

+0.13 (+0.46%)

CAD 2.45B
FN:CA First National Financial Corpo..

+0.04 (+0.13%)

CAD 1.79B
LB:CA Laurentian Bank of Canada

+0.60 (+1.44%)

CAD 1.78B
EQB:CA Equitable Group Inc.

+0.13 (+0.19%)

CAD 1.15B
HCG:CA Home Capital Group Inc.

+0.12 (+0.65%)

CAD 1.14B

ETFs Containing BNS:CA

Symbol Name Weight Mer Price(Change) Market Cap
HCB:CA Hamilton Capital Canadian.. 26.06 % 0.65 %

+0.04 (+0.27%)

CAD 0.01B
RBNK:CA RBC Canadian Bank Yield I.. 23.83 % 0.33 %

+0.18 (+0.92%)

CAD 0.06B
ZEB:CA BMO Equal Weight Banks In.. 16.60 % 0.60 %

+0.19 (+0.67%)

CAD 1.41B
CIC:CA CI First Asset CanBanc In.. 13.15 % 0.84 %

+0.11 (+0.97%)

CAD 0.16B
XFN:CA iShares S&P/TSX Capped Fi.. 11.94 % 0.61 %

+0.18 (+0.48%)

CAD 1.06B
DXC:CA Dynamic iShares Active Ca.. 11.20 % 0.86 %

N/A

CAD 0.03B
ZWB:CA BMO Covered Call Canadian.. 10.00 % 0.71 %

+0.13 (+0.68%)

CAD 1.87B
CEW.A:CA iShares Equal Weight Banc.. 9.87 % 1.44 %

N/A

CAD 0.06B
CEW:CA iShares Equal Weight Banc.. 9.81 % 0.60 %

+0.18 (+1.45%)

CAD 0.15B
VDY:CA Vanguard FTSE Canadian Hi.. 9.27 % 0.22 %

+0.25 (+0.74%)

CAD 0.52B
BNC:CA Purpose Canadian Financia.. 9.00 % 0.68 %

N/A

CAD 2.20M
FIE.A:CA iShares Canadian Financia.. 8.98 % 1.78 %

N/A

CAD 0.09B
XDIV:CA iShares Core MSCI Canadia.. 8.45 % 0.11 %

+0.14 (+0.67%)

CAD 0.13B
SHC:CA Sphere FTSE Canada Sustai.. 8.36 % 0.71 %

N/A

CAD 3.84M
XCV:CA iShares Canadian Value In.. 7.99 % 0.55 %

N/A

CAD 0.05B
PDC:CA Invesco Canadian Dividend.. 7.74 % 0.55 %

+0.11 (+0.40%)

CAD 0.67B
HEF:CA Horizons Enhanced Income .. 7.42 % 0.83 %

+0.09 (+1.09%)

CAD 0.02B
FIE:CA iShares Canadian Financia.. 7.18 % 0.97 %

-0.01 (-0.14%)

CAD 0.65B
CRQ.A:CA iShares Canadian Fundamen.. 6.19 % 1.55 %

N/A

CAD 0.03B
DRMC:CA Desjardins RI Canada - Lo.. 6.17 % 0.29 %

+0.16 (+0.80%)

CAD 2.01M
ZVC:CA BMO MSCI Canada Value Ind.. 5.82 % 0.40 %

N/A

CAD 6.18M
CRQ:CA iShares Canadian Fundamen.. 5.81 % 0.73 %

N/A

CAD 0.22B
PXC:CA Invesco FTSE RAFI Canadia.. 5.80 % 0.50 %

+0.19 (+0.72%)

CAD 0.28B
XDV:CA iShares Canadian Select D.. 5.49 % 0.55 %

+0.04 (+0.16%)

CAD 1.35B
FLRM:CA Franklin Liberty Risk Man.. 5.42 % 0.33 %

+0.07 (+0.33%)

CAD 0.01B
RCD:CA RBC Quant Canadian Divide.. 5.34 % 0.43 %

-0.01 (-0.05%)

CAD 0.13B
VCE:CA Vanguard FTSE Canada Inde.. 5.26 % 0.06 %

+0.16 (+0.45%)

CAD 0.65B
FLCA Franklin FTSE Canada 5.26 % 0.09 %

+0.25 (+1.03%)

USD 4.91M
QCE:CA Mackenzie Canadian Large .. 5.06 % 0.06 %

N/A

CAD 0.07B
XEI:CA iShares S&P/TSX Composite.. 4.99 % 0.22 %

N/A

CAD 0.58B
XIU:CA iShares S&P/TSX 60 Index .. 4.96 % 0.18 %

-0.09 (-0.35%)

CAD 11.00B
XESG:CA iShares ESG MSCI Canada I.. 4.70 % 0.00 %

+0.09 (+0.45%)

CAD 3.98M
HEWC iShares Currency Hedged M.. 4.63 % 0.03 %

+0.13 (+0.48%)

USD 0.04B
EWC iShares MSCI Canada Index.. 4.63 % 0.47 %

+0.21 (+0.76%)

USD 2.58B
ZCAN SPDR Solactive Canada 4.47 % 0.30 %

+0.42 (+0.73%)

USD 0.02B
FCCL:CA Fidelity Canadian Low Vol.. 4.40 % 0.00 %

N/A

CAD 9.46M
TTP:CA TD Canadian Equity Index .. 4.29 % 0.07 %

-0.02 (-0.11%)

CAD 0.02B
VCN:CA Vanguard FTSE Canada All .. 4.18 % 0.06 %

+0.16 (+0.49%)

CAD 1.92B
FLCD:CA Franklin FTSE Canada All .. 4.06 % 0.00 %

+0.08 (+0.38%)

CAD 0.31B
QCN:CA Mackenzie Canadian Equity.. 4.03 % 0.06 %

N/A

CAD 0.03B
MCLC:CA Manulife Multifactor Cana.. 3.94 % 0.45 %

N/A

CAD 0.04B
QCD:CA AGFiQ Enhanced Core Canad.. 3.91 % 0.45 %

N/A

CAD 0.10B
ZCN:CA BMO S&P/TSX Capped Compos.. 3.89 % 0.05 %

+0.11 (+0.50%)

CAD 3.96B
XIC:CA iShares Core S&P/TSX Capp.. 3.89 % 0.06 %

+0.13 (+0.50%)

CAD 5.26B
FCCQ:CA Fidelity Canadian High Qu.. 3.44 % 0.00 %

N/A

CAD 5.32M
QCAN SPDR MSCI Canada Strategi.. 3.21 % 0.30 %

N/A

USD 0.02B
WOMN:CA BMO Women in Leadership F.. 3.18 % 0.39 %

N/A

CAD 2.16M
HBG:CA Hamilton Capital Global B.. 2.91 % 1.15 %

-0.04 (-0.20%)

CAD 0.04B
HFY:CA Hamilton Capital Global F.. 2.88 % 1.20 %

-0.06 (-0.38%)

CAD 0.06B
BANK:CA BMO Global Banks Hedged t.. 2.36 % 0.39 %

N/A

CAD 7.97M
CID VictoryShares Internation.. 1.59 % 0.45 %

+0.38 (+1.21%)

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

+0.34 (+0.92%)

USD 0.04B
IDLV Invesco S&P International.. 0.00 % 0.25 %

+0.30 (+0.91%)

USD 0.78B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

+0.28 (+0.92%)

USD 0.12B
FIVA Fidelity International Va.. 0.00 % 0.39 %

+0.11 (+0.52%)

USD 0.01B
HDAW Xtrackers MSCI All World .. 0.00 % 0.32 %

+0.17 (+0.70%)

USD 0.02B

Market Performance

  Market Performance vs.
Industry/Classification (Banks)
Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 3.75% 86% B 46% F
Dividend Return 1.28% 17% F 44% F
Total Return 5.03% 79% C+ 47% F
Trailing 12 Months  
Capital Gain -11.99% 35% F 36% F
Dividend Return 4.23% 40% F 57% F
Total Return -7.77% 33% F 38% F
Trailing 5 Years  
Capital Gain 3.88% 66% D 64% D
Dividend Return 20.79% 46% F 63% D
Total Return 24.68% 74% C 66% D
Average Annual (5 Year Horizon)  
Capital Gain 3.21% 86% B 65% D
Dividend Return 7.25% 86% B 71% C-
Total Return 4.04% 59% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 16.21% 29% F 45% F
Risk Adjusted Return 44.71% 51% F 60% D-
Market Capitalization 87.66B 98% A+ 100% 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)
Ratio vs. Market
(Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 10.47 22% F 34% F
Price/Book Ratio 1.42 17% F 35% F
Price / Cash Flow Ratio 1.59 22% F 36% F
Price/Free Cash Flow Ratio -31.10 97% A+ 93% A
Management Effectiveness  
Return on Equity 13.03% 55% F 77% C+
Return on Invested Capital N/A N/A N/A N/A N/A
Return on Assets 0.86% 58% F 48% F
Debt to Equity Ratio 10.00% 84% B 85% 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:
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.

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.

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.

What to not like:
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.

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.

Negative free cash flow

The company had negative total free 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