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

COMMON STOCK | Banks-Diversified | NYE

Last Closing Price

USD 62.58

Change

-1.91 (-2.96)%

Market Cap

USD 75.38B

Volume

1.54M

Avg Analyst Target

USD 97.82 (+56.31%)

Avg User Target

USD
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 9 analysts, the average analyst target price for The Bank of Nova Scotia is USD 97.82 over the next 12 months. The Bank of Nova Scotia’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of The Bank of Nova Scotia is Neutral, which is based on 7 positive signals and 6 negative signals. At the last closing, The Bank of Nova Scotia’s stock price was USD 62.58. The Bank of Nova Scotia’s stock price has changed by +0.95% over the past week, -6.72% over the past month and -5.04% 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)

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Relative Returns (From:    To: 2022-05-18 )

Largest Industry Peers for Banks-Diversified

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

-2.09 (-1.71%)

USD358.85B 9.06 N/A
JPM-PC JPMorgan Chase & Co

-0.10 (-0.40%)

USD329.78B 1.86 N/A
JPM-PD JPMorgan Chase & Co

-0.09 (-0.37%)

USD328.69B 1.84 N/A
BAC Bank of America Corporation

-1.11 (-3.08%)

USD289.97B 10.24 N/A
BAC-PC Bank of America Corporation

N/A

USD253.29B 13.37 N/A
BAC-PB Bank of America Corporation

-0.31 (-1.24%)

USD249.48B 7.10 N/A
BML-PH Bank of America Corporation

+0.01 (+0.05%)

USD249.47B 5.24 N/A
BML-PG Bank of America Corporation

-0.08 (-0.43%)

USD248.73B 5.24 N/A
BML-PL Bank of America Corporation

-0.09 (-0.45%)

USD246.55B 5.69 N/A
BAC-PK Bank of America Corporation

-0.31 (-1.26%)

USD245.90B 6.98 N/A

ETFs Containing BNS

Symbol Name Weight Mer Price(Change) Market Cap
CIC:CA CI Canadian Banks Income .. 16.92 % 0.80 %

-0.21 (-1.67%)

USD0.19B
ZWB:CA BMO Covered Call Canadian.. 11.37 % 0.72 %

-0.36 (-1.76%)

USD2.72B
IUTSF iShares S&P/TSX 60 Index .. 4.35 % 0.00 %

N/A

USD6.41B
XIU iShares S&P/TSX 60 ETF 3.93 % 0.00 %

N/A

N/A
FCCQ:CA Fidelity Canadian High Qu.. 3.28 % 0.35 %

-0.57 (-1.90%)

USD0.03B
HFY-U:CA Hamilton Global Financial.. 2.81 % 1.20 %

N/A

N/A
TUSB:CA TD Select U.S. Short Term.. 2.35 % 0.29 %

N/A

USD3.98M
TUSB-U:CA TD Select U.S. Short Term.. 2.35 % 0.29 %

N/A

N/A
UEFY:XETRA UBS ETF SICAV - SBI Forei.. 1.02 % 0.20 %

+0.07 (+0.64%)

USD0.22B
PID Invesco International Div.. 0.00 % 0.56 %

-0.34 (-1.83%)

USD0.77B
SXR2:F iShares VII Public Limite.. 0.00 % 0.48 %

+0.86 (+0.52%)

USD1.58B
UB23:LSE UBS ETF SICAV - MSCI Cana.. 0.00 % 0.43 %

-45.00 (-1.38%)

USD2.25B
UC87:LSE UBS ETF SICAV - MSCI Cana.. 0.00 % 0.43 %

-18.50 (-1.03%)

USD0.05B
XS3R:LSE Xtrackers - Stoxx Europe .. 0.00 % 0.30 %

-228.00 (-1.74%)

USD0.07B
XCAD:LSE Xtrackers - MSCI Canada U.. 0.00 % 0.35 %

-0.90 (-1.25%)

USD0.29B
HCAN:PA HSBC ETFs Public Limited .. 0.00 % 0.25 %

-0.20 (-0.98%)

USD0.04B
D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.35 %

+0.33 (+0.49%)

USD0.31B
H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.25 %

+0.11 (+0.53%)

USD0.04B
D5BH:XETRA Xtrackers - MSCI Canada U.. 0.00 % 0.35 %

-0.66 (-0.97%)

USD0.31B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.43 %

+0.19 (+0.50%)

USD2.25B
HCAN:LSE HSBC ETFs Public Limited .. 0.00 % 0.25 %

-12.75 (-0.73%)

USD0.04B
DXSK:XETRA Xtrackers - Stoxx Europe .. 0.00 % 0.30 %

-3.10 (-1.99%)

USD0.07B
H4ZR:XETRA HSBC ETFs Public Limited .. 0.00 % 0.25 %

-0.20 (-0.96%)

USD0.04B
SXR2:XETRA iShares VII Public Limite.. 0.00 % 0.48 %

-1.70 (-1.02%)

USD1.58B
UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.43 %

-0.38 (-0.98%)

USD2.29B
FLTR VanEck Vectors ETF Trust .. 0.00 % 0.14 %

-0.04 (-0.16%)

USD1.13B
FLXX:LSE Franklin LibertyShares IC.. 0.00 % 0.45 %

-0.21 (-0.83%)

N/A
FRGD:LSE Franklin LibertyQ Global .. 0.00 % 0.45 %

-0.43 (-1.37%)

N/A
JGST:LSE JPM GBP Ultra-Short Incom.. 0.00 % 0.12 %

-0.03 (-0.02%)

USD0.11B
HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.25 %

-0.29 (-1.31%)

USD0.04B
RAVI FlexShares Ready Access V.. 0.00 % 0.25 %

-0.04 (-0.05%)

USD0.65B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.09 %

N/A

USD0.12B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.27 %

N/A

USD0.01B
ZST:CA BMO Ultra Short-Term Bond.. 0.00 % 0.15 %

N/A

USD0.87B
PICB Invesco Exchange-Traded F.. 0.00 % 0.50 %

-0.27 (-1.16%)

USD0.12B
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

USD4.36M
FLCA Franklin Templeton ETF Tr.. 0.00 % 0.09 %

-0.80 (-2.41%)

USD0.04B
CID VictoryShares Internation.. 0.00 % 0.45 %

-0.01 (-0.03%)

USD0.02B
CIL Victory Portfolios II - V.. 0.00 % 0.45 %

-0.30 (-0.77%)

USD0.10B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

+0.30 (+1.01%)

USD0.04B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.28 %

-0.01 (-0.05%)

USD0.06B
CSCA:LSE iShares VII Public Limite.. 0.00 % 0.48 %

-81.00 (-0.58%)

USD1.57B
ZCAN SPDR Solactive Canada ETF 0.00 % 0.14 %

N/A

USD0.05B
IDMO Invesco S&P International.. 0.00 % 0.25 %

-0.73 (-2.24%)

USD6.53M
HEWC iShares Trust - iShares C.. 0.00 % 0.53 %

-0.62 (-1.92%)

USD0.02B
FGO-U:CA CI Enhanced Government Bo.. 0.00 % 0.64 %

N/A

USD0.87B
FVL First Trust Value Line 10.. 0.00 % 0.70 %

N/A

USD0.04B
EWC iShares MSCI Canada ETF 0.00 % 0.50 %

-0.93 (-2.52%)

USD4.53B
FTSM First Trust Enhanced Shor.. 0.00 % 0.25 %

+0.01 (+0.02%)

USD4.16B
CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

-2.13 (-1.21%)

USD1.58B
FRGE:LSE Franklin LibertyQ Global .. 0.00 % 0.25 %

-0.57 (-1.69%)

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 -12.71% 51% F 53% F
Dividend Return 2.49% 77% C+ 85% B
Total Return -10.22% 56% F 57% F
Trailing 12 Months  
Capital Gain -4.30% 85% B 66% D
Dividend Return 5.22% 73% C 75% C
Total Return 0.92% 87% B+ 73% C
Trailing 5 Years  
Capital Gain 12.17% 68% D+ 55% F
Dividend Return 28.45% 89% B+ 84% B
Total Return 40.62% 68% D+ 62% D-
Average Annual (5 Year Horizon)  
Capital Gain 4.90% 67% D+ 50% F
Dividend Return 5.75% 95% A 87% B+
Total Return 10.64% 82% B- 58% F
Risk Return Profile  
Volatility (Standard Deviation) 28.29% 46% F 40% F
Risk Adjusted Return 37.63% 54% F 46% F
Market Capitalization 75.38B 36% 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 10.12 24% F 72% C-
Price/Book Ratio 1.52 25% F 52% F
Price / Cash Flow Ratio -5.89 53% F 85% B
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 14.20% 78% C+ 63% D
Return on Invested Capital -2.69% 2% F 17% F
Return on Assets 0.86% 37% F 27% F
Debt to Equity Ratio 8.95% 100% A+ 88% B+
Technical Ratios  
Dividend Yield 4.93% 46% F 67% D+
Short Ratio 8.09 14% F 7% F
Short Percent 0.26% 63% D 87% B+
Beta 0.83 93% 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 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:
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 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.

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:
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.

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.

Negative cashflow

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