BNS:NYE-The Bank of Nova Scotia (USD)

COMMON STOCK | Banks-Diversified | NYE

Last Closing Price

USD 65.25

Change

+0.77 (+1.19)%

Market Cap

USD 78.19B

Volume

1.52M

Average Target Price

USD 74.81 (+14.64%)
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.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-13 )

Largest Industry Peers for Banks-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
JPM JPMorgan Chase & Co

+4.05 (+2.57%)

USD476.62B 12.49 N/A
JPM-PC JPMorgan Chase & Co

+0.27 (+1.00%)

USD363.36B 2.20 N/A
JPM-PD JPMorgan Chase & Co

+0.03 (+0.11%)

USD359.91B 2.15 N/A
BAC Bank of America Corporation

+0.66 (+1.60%)

USD352.88B 17.67 N/A
BML-PL Bank of America Corporation

N/A

USD310.74B 10.82 N/A
BAC-PE Bank of America Corporation

-0.08 (-0.32%)

USD299.32B 10.82 N/A
BML-PG Bank of America Corporation

N/A

USD297.21B 10.84 N/A
BML-PH Bank of America Corporation

N/A

USD294.35B 10.69 N/A
BML-PJ Bank of America Corporation

N/A

USD289.23B 12.32 N/A
BAC-PL Bank of America Corporation

+2.35 (+0.17%)

USD279.27B 609.44 N/A

ETFs Containing BNS

Symbol Name Weight Mer Price(Change) Market Cap
CIC:CA CI Canadian Banks Income .. 0.00 % 0.65 %

+0.07 (+0.58%)

USD0.18B
D5BH:F Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

-0.21 (-0.36%)

USD0.31B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

-2.75 (-0.18%)

USD0.84B
JGST:LSE JPM GBP Ultra-Short Incom.. 0.00 % 0.18 %

-0.06 (-0.06%)

USD0.11B
UB23:LSE UBS(Lux)Fund Solutions &#.. 0.00 % 0.33 %

N/A

USD1.46B
UC87:LSE UBS(Lux)Fund Solutions &#.. 0.00 % 0.43 %

-0.50 (-0.03%)

USD0.06B
XCAD:LSE Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

-0.46 (-0.65%)

USD0.35B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

-0.07 (-0.40%)

USD0.78B
H4ZR:F HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

-0.05 (-0.28%)

USD0.03B
CSCA:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

-19.50 (-0.16%)

USD1.06B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.48 %

-0.44 (-0.31%)

USD1.03B
UIM9:F UBS(Lux)Fund Solutions &#.. 0.00 % 0.33 %

-0.11 (-0.32%)

USD1.46B
D5BH:XETRA Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

-0.26 (-0.45%)

USD0.31B
FLXG:XETRA Franklin LibertyQ Global .. 0.00 % 0.40 %

+0.04 (+0.12%)

USD0.02B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

-0.07 (-0.40%)

USD0.03B
SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.48 %

-0.52 (-0.37%)

USD1.05B
UEFY:XETRA UBS ETF - SBI Foreign AAA.. 0.00 % 0.20 %

+0.03 (+0.30%)

USD0.16B
HCAD:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

N/A

USD0.84B
CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

-1.22 (-0.71%)

USD0.97B
EWC iShares MSCI Canada ETF 0.00 % 0.51 %

+0.07 (+0.19%)

USD4.09B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.20 %

N/A

USD0.08B
FVL First Trust Value Line 10.. 0.00 % 0.70 %

N/A

USD0.04B
HDAW Xtrackers MSCI All World .. 0.00 % 0.20 %

+0.18 (+0.69%)

USD0.02B
HEWC iShares Currency Hedged M.. 0.00 % 0.54 %

+0.13 (+0.43%)

USD9.65M
PICB Invesco International Cor.. 0.00 % 0.50 %

+0.08 (+0.27%)

USD0.09B
PPS:CA Invesco Canadian Preferre.. 0.00 % 0.45 %

N/A

USD0.09B
RAVI FlexShares Ready Access V.. 0.00 % 0.25 %

+0.02 (+0.03%)

USD0.41B
ZST:CA BMO Ultra Short-Term Bond.. 0.00 % 0.15 %

+0.01 (+0.02%)

USD1.03B
IUTSF iShares S&P/TSX 60 Index .. 0.00 % 0.00 %

N/A

USD6.41B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.65 %

+0.24 (+1.20%)

USD2.07B
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

USD4.36M
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.10 (+0.30%)

USD0.02B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.08 %

N/A

USD0.26B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.20 %

N/A

USD0.07B
ZCAN SPDR Solactive Canada ETF 0.00 % 0.14 %

N/A

USD0.05B
FGO-U:CA CI First Asset Enhanced G.. 0.00 % 0.55 %

N/A

USD0.55B
UIM9:XETRA UBS(Lux)Fund Solutions &#.. 0.00 % 0.33 %

-0.12 (-0.35%)

USD1.46B

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 20.74% 61% D- 75% C
Dividend Return 2.63% 84% B 84% B
Total Return 23.38% 61% D- 77% C+
Trailing 12 Months  
Capital Gain 81.15% 67% D+ 74% C
Dividend Return 7.68% 90% A- 80% B-
Total Return 88.83% 72% C- 75% C
Trailing 5 Years  
Capital Gain 34.76% 61% D- 51% F
Dividend Return 31.84% 89% B+ 84% B
Total Return 66.60% 61% D- 60% D-
Average Annual (5 Year Horizon)  
Capital Gain -1.09% 31% F 26% F
Dividend Return 5.59% 97% A+ 87% B+
Total Return 4.50% 75% C 45% F
Risk Return Profile  
Volatility (Standard Deviation) 20.27% 44% F 53% F
Risk Adjusted Return 22.20% 36% F 38% F
Market Capitalization 78.19B 38% F 97% 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 14.65 47% F 61% D-
Price/Book Ratio 1.50 30% F 61% D-
Price / Cash Flow Ratio 1.38 53% F 77% C+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 9.82% 75% C 60% D-
Return on Invested Capital -1.95% 14% F 21% F
Return on Assets 0.60% 50% F 26% F
Debt to Equity Ratio 10.87% 100% A+ 86% B
Technical Ratios  
Short Ratio 4.04 36% F 26% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.85 92% A- 67% D+
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 (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
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.

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.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then 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.

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.

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 assets

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