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

COMMON STOCK | Banks—Diversified | NYE

Last Closing Price

USD 50.25

Change

+1.49 (+3.06)%

Market Cap

USD 59.07B

Volume

1.58M

Average Target Price

USD 59.65 (+18.70%)
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 is also involved in the provision of 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 950 branches and approximately 3,650 automated banking machines in Canada; and approximately 1,900 branches and 5,500 ATMs internationally, as well as contact centers. The Bank of Nova Scotia was founded in 1832 and is headquartered in Toronto, Canada.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-01 )

Largest Industry Peers for Banks—Diversified

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

-0.09 (-0.32%)

USD371.63B 3.69 N/A
JPM-PD JPMorgan Chase & Co

-0.03 (-0.11%)

USD368.28B 3.61 N/A
JPM JPMorgan Chase & Co

+1.86 (+1.58%)

USD359.32B 15.37 N/A
BML-PL Bank of America Corporation

N/A

USD303.10B 12.12 N/A
BML-PG Bank of America Corporation

N/A

USD296.26B 10.81 N/A
BAC-PE Bank of America Corporation

+0.06 (+0.24%)

USD295.05B 12.24 N/A
BAC-PL Bank of America Corporation

+9.93 (+0.67%)

USD291.69B 730.60 N/A
BML-PH Bank of America Corporation

N/A

USD290.83B 10.57 N/A
BML-PJ Bank of America Corporation

N/A

USD284.61B 12.12 N/A
BAC-PK Bank of America Corporation

+0.11 (+0.40%)

USD274.19B 13.46 N/A

ETFs Containing BNS

Symbol Name Weight Mer Price(Change) Market Cap
CIC:CA CI First Asset CanBanc In.. 0.00 % 0.65 %

+0.13 (+1.25%)

USD0.14B
H4ZR:F HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.04 (+0.29%)

USD0.03B
FLXG:LSE Franklin LibertyQ Global .. 0.00 % 0.40 %

+0.13 (+0.54%)

USD0.02B
UB23:LSE UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

+11.50 (+0.46%)

N/A
UC87:LSE UBS ETF - MSCI Canada UCI.. 0.00 % 0.43 %

+12.00 (+0.82%)

N/A
XCAD:LSE Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.66 (+1.13%)

USD0.24B
HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.08 (+0.56%)

USD0.03B
D5BH:F Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.23 (+0.48%)

USD0.24B
SXR2:F iShares VII PLC - iShares.. 0.00 % 0.48 %

+0.50 (+0.42%)

USD0.56B
HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+4.75 (+0.35%)

USD0.03B
UEFZ:F UBS ETF - SBI Foreign AAA.. 0.00 % 0.20 %

+0.01 (+0.04%)

USD0.20B
UIM9:F UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

+0.12 (+0.43%)

N/A
D5BH:XETRA Xtrackers MSCI Canada UCI.. 0.00 % 0.35 %

+0.17 (+0.34%)

USD0.24B
FLXG:XETRA Franklin LibertyQ Global .. 0.00 % 0.40 %

+0.15 (+0.55%)

USD0.01B
H4ZR:XETRA HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.06 (+0.38%)

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

+0.32 (+0.27%)

USD0.56B
UEFZ:XETRA UBS ETF - SBI Foreign AAA.. 0.00 % 0.20 %

-0.02 (-0.13%)

USD0.20B
JGST:LSE JPM GBP Ultra-Short Incom.. 0.00 % 0.22 %

-0.02 (-0.01%)

USD0.11B
HCAD:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.35 %

+0.19 (+1.06%)

USD0.03B
EWC iShares MSCI Canada ETF 0.00 % 0.49 %

+0.17 (+0.56%)

USD2.15B
FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

+0.14 (+0.50%)

USD5.89M
HDAW Xtrackers MSCI All World .. 0.00 % 0.20 %

+0.25 (+1.09%)

USD0.02B
HEWC iShares Currency Hedged M.. 0.00 % 0.52 %

+0.08 (+0.29%)

USD0.01B
PICB Invesco International Cor.. 0.00 % 0.50 %

+0.31 (+1.05%)

USD0.12B
RQJ:CA RBC Target 2022 Corporate.. 0.00 % 0.25 %

+0.03 (+0.15%)

USD0.07B
ZWB:CA BMO Covered Call Canadian.. 0.00 % 0.65 %

+0.21 (+1.21%)

USD1.61B
RMBO:CA RBC 6-10 year Laddered Ca.. 0.00 % 0.25 %

N/A

USD4.36M
CIL VictoryShares Internation.. 0.00 % 0.45 %

N/A

USD0.08B
CSCA:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

+49.00 (+0.46%)

USD0.59B
CIZ VictoryShares Developed E.. 0.00 % 0.45 %

+0.54 (+1.78%)

USD0.04B
QSB:CA Mackenzie Canadian Short-.. 0.00 % 0.11 %

-0.09 (-0.09%)

USD0.28B
RQL:CA RBC Target 2024 Corporate.. 0.00 % 0.28 %

N/A

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

+0.34 (+0.54%)

USD0.04B
FGO-U:CA CI First Asset Enhanced G.. 0.00 % 0.55 %

N/A

USD0.55B
IUTSF iShares S&P/TSX 60 Index .. 0.00 % 0.00 %

N/A

USD6.41B
CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.48 %

+1.93 (+1.37%)

USD0.56B
UIM9:XETRA UBS ETF - MSCI Canada UCI.. 0.00 % 0.33 %

+0.10 (+0.34%)

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 -11.05% 36% F 30% F
Dividend Return 4.80% 95% A 84% B
Total Return -6.24% 36% F 33% F
Trailing 12 Months  
Capital Gain -9.62% 26% F 28% F
Dividend Return 4.88% 89% B+ 81% B-
Total Return -4.74% 31% F 31% F
Trailing 5 Years  
Capital Gain 13.10% 68% D+ 51% F
Dividend Return 34.69% 100% A+ 85% B
Total Return 47.79% 68% D+ 62% D-
Average Annual (5 Year Horizon)  
Capital Gain 2.17% N/A N/A 57% F
Dividend Return 5.79% N/A N/A 88% B+
Total Return 7.95% N/A N/A 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 19.77% N/A N/A 40% F
Risk Adjusted Return 40.22% N/A N/A 56% F
Market Capitalization 59.07B 34% F 96% 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—Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 9.52 71% C- 78% C+
Price/Book Ratio 1.26 33% F 59% F
Price / Cash Flow Ratio -4.91 90% A- 90% A-
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity 10.32% 93% A 69% D+
Return on Invested Capital -2.18% 29% F 17% F
Return on Assets 0.65% 71% C- 30% F
Debt to Equity Ratio 10.74% 100% A+ 87% B+
Technical Ratios  
Short Ratio 6.69 13% F 11% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.82 90% 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 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.

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.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

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