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

EQUITY | Banks | Toronto Stock Exchange

Last Closing

CAD 80.36

Change

+0.05 (+0.06)%

Market Cap

CAD 87.66B

Volume

1.50M

Analyst Target

CAD 91.23
Analyst Rating

Verdict

ducovest 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: 2018-05-22 )

Largest Industry Peers for Banks

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

-0.21 (-0.22%)

CAD 135.75B
TD:CA Toronto-Dominion Bank (The)

-0.03 (-0.04%)

CAD 127.87B
BMO:CA Bank of Montreal

-0.97 (-1.07%)

CAD 57.58B
CM:CA Canadian Imperial Bank Of Comm..

+0.59 (+0.55%)

CAD 47.43B
NA:CA National Bank of Canada

N/A

CAD 19.70B
CWB:CA Canadian Western Bank

-0.55 (-2.05%)

CAD 2.33B
LB:CA Laurentian Bank of Canada

-1.06 (-2.73%)

CAD 1.59B
FN:CA First National Financial Corpo..

-0.24 (-0.90%)

CAD 1.58B
HCG:CA Home Capital Group Inc.

+0.02 (+0.12%)

CAD 1.37B
EQB:CA Equitable Group Inc.

-1.01 (-1.58%)

CAD 1.04B

ETFs Containing BNS:CA

HCB:CA Hamilton Capital Canadian.. 26.52 % 0.00 %

-0.03 (0.00%)

CAD 8.92M
RBNK:CA RBC Canadian Bank Yield I.. 24.22 % 0.34 %

-0.02 (0.00%)

CAD 0.05B
ZEB:CA BMO Equal Weight Banks In.. 17.08 % 0.62 %

-0.02 (0.00%)

CAD 1.37B
CIC:CA First Asset CanBanc Incom.. 12.99 % 0.84 %

-0.08 (0.00%)

CAD 0.14B
XFN:CA iShares S&P/TSX Capped Fi.. 12.25 % 0.61 %

-0.14 (0.00%)

CAD 0.94B
DXC:CA Dynamic iShares Active Ca.. 11.20 % 0.86 %

N/A

CAD 0.02B
BNC:CA Purpose Canadian Financia.. 10.95 % 0.69 %

N/A

CAD 2.04M
ZWB:CA BMO Covered Call Canadian.. 9.99 % 0.72 %

-0.03 (0.00%)

CAD 1.78B
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 %

-0.07 (0.00%)

CAD 0.15B
VDY:CA Vanguard FTSE Canadian Hi.. 9.58 % 0.22 %

+0.04 (+0.00%)

CAD 0.43B
FIE.A:CA iShares Canadian Financia.. 8.98 % 1.78 %

N/A

CAD 0.09B
XDIV:CA iShares Core MSCI Canadia.. 8.82 % 0.11 %

-0.11 (0.00%)

CAD 0.06B
XCV:CA iShares Canadian Value In.. 8.22 % 0.55 %

-0.14 (0.00%)

CAD 0.05B
SHC:CA Sphere FTSE Canada Sustai.. 8.16 % 0.71 %

-0.34 (0.00%)

CAD 8.07M
FIE:CA iShares Canadian Financia.. 8.04 % 0.93 %

N/A

CAD 0.59B
PDC:CA Invesco Canadian Dividend.. 7.97 % 0.55 %

+0.05 (+0.00%)

CAD 0.58B
QCD:CA AGFiQ Enhanced Core Canad.. 6.79 % 0.45 %

-0.10 (0.00%)

CAD 0.07B
DRMC:CA Desjardins RI Canada - Lo.. 6.46 % 0.00 %

N/A

CAD 1.84M
CRQ.A:CA iShares Canadian Fundamen.. 6.19 % 1.55 %

N/A

CAD 0.03B
CRQ:CA iShares Canadian Fundamen.. 6.14 % 0.72 %

N/A

CAD 0.22B
PXC:CA Invesco FTSE RAFI Canadia.. 6.13 % 0.51 %

-0.08 (0.00%)

CAD 0.25B
ZVC:CA BMO MSCI Canada Value Ind.. 5.85 % 0.40 %

N/A

CAD 5.86M
FLCA Franklin FTSE Canada 5.64 % 0.09 %

-0.03 (0.00%)

USD 3.40M
VCE:CA Vanguard FTSE Canada Inde.. 5.63 % 0.06 %

-0.07 (0.00%)

CAD 0.54B
XIU:CA iShares S&P/TSX 60 Index .. 5.49 % 0.17 %

-0.03 (0.00%)

CAD 8.83B
FLRM:CA Franklin Liberty Risk Man.. 5.48 % 0.34 %

N/A

CAD 0.01B
RCD:CA RBC Quant Canadian Divide.. 5.39 % 0.43 %

-0.09 (0.00%)

CAD 0.12B
QCE:CA Mackenzie Canadian Large .. 5.39 % 0.06 %

N/A

CAD 0.06B
XDV:CA iShares Canadian Select D.. 5.14 % 0.55 %

-0.04 (0.00%)

CAD 1.26B
EWC iShares MSCI Canada Index.. 5.05 % 0.47 %

-0.05 (0.00%)

USD 2.57B
XEI:CA iShares S&P/TSX Composite.. 5.01 % 0.22 %

+0.04 (+0.00%)

CAD 0.49B
ZCAN SPDR Solactive Canada 4.81 % 0.30 %

-0.04 (0.00%)

USD 0.02B
RCE:CA RBC Quant Canadian Equity.. 4.49 % 0.44 %

N/A

CAD 0.01B
VCN:CA Vanguard FTSE Canada All .. 4.46 % 0.06 %

-0.07 (0.00%)

CAD 1.56B
QCN:CA Mackenzie Canadian Equity.. 4.27 % 0.06 %

N/A

CAD 0.03B
XIC:CA iShares Core S&P/TSX Capp.. 4.19 % 0.06 %

-0.04 (0.00%)

CAD 4.01B
ZCN:CA BMO S&P/TSX Capped Compos.. 4.18 % 0.06 %

-0.04 (0.00%)

CAD 3.96B
MCLC:CA Manulife Multifactor Cana.. 4.16 % 0.42 %

N/A

CAD 0.03B
BGC:CA Bristol Gate Concentrated.. 4.16 % 0.00 %

N/A

CAD 7.84M
TTP:CA TD Canadian Equity Index .. 3.98 % 0.08 %

+0.16 (+0.00%)

CAD 0.01B
WOMN:CA BMO Women in Leadership F.. 3.82 % 0.00 %

N/A

CAD 1.99M
DFC:CA Desjardins Canada Multifa.. 3.49 % 0.58 %

N/A

CAD 0.04B
QCAN SPDR MSCI Canada Strategi.. 3.21 % 0.30 %

N/A

USD 0.02B
DRFC:CA Desjardins RI Canada Mult.. 3.08 % 0.00 %

N/A

CAD 1.86M
XMV:CA iShares Edge MSCI Min Vol.. 3.04 % 0.33 %

+0.01 (+0.00%)

CAD 0.07B
BANK:CA BMO Global Banks Hedged t.. 2.33 % 0.40 %

+0.15 (+0.00%)

CAD 7.97M
HDAW Xtrackers MSCI All World .. 2.06 % 0.32 %

+0.02 (+0.00%)

USD 0.02B
IDLV Invesco S&P International.. 0.69 % 0.25 %

-0.03 (0.00%)

USD 0.56B
CIL Compass EMP International.. 0.38 % 0.45 %

-0.13 (0.00%)

N/A
CIZ Compass EMP International.. 0.00 % 0.45 %

-0.01 (0.00%)

N/A
FIVA Fidelity International Va.. 0.00 % 0.00 %

+0.03 (+0.00%)

USD 0.01B

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 -0.94% 36% F 49% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -0.94% 14% F 40% F
Trailing 12 Months  
Capital Gain 6.47% 59% F 65% D
Dividend Return 3.10% 19% F 40% F
Total Return 9.57% 57% F 65% D
Trailing 5 Years  
Capital Gain 35.08% 81% B- 73% C
Dividend Return 22.22% 59% F 66% D
Total Return 57.30% 79% C+ 74% C
Average Annual (5 Year Horizon)  
Capital Gain 7.65% 93% A 72% C-
Dividend Return 11.91% 92% A- 76% C
Total Return 4.27% 79% C+ 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 15.67% 27% F 48% F
Risk Adjusted Return 76.02% 62% D- 72% C-
Market Capitalization 87.66B 98% A+ 100% A+

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 12.80 22% F 33% F
Price/Book Ratio 1.74 17% F 33% F
Price / Cash Flow Ratio 4.93 11% F 15% F
Price/Free Cash Flow Ratio 5.06 40% F 43% F
Management Effectiveness  
Return on Equity 14.24% 69% D+ 77% C+
Return on Invested Capital 16.40% 73% C 86% B
Return on Assets 0.91% 83% B 47% F
Debt to Equity Ratio 12.25% 84% B 82% B-

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.

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 assets

The company management has delivered better return on assets 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.

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.

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.

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 Dividend Growth

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