NA:CA:TSX-National Bank of Canada

EQUITY | Banks | Toronto Stock Exchange

Last Closing

CAD 61.94

Change

+0.21 (+0.34)%

Market Cap

CAD 16.74B

Volume

0.67M

Analyst Target

CAD 66.70
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

National Bank of Canada provides financial services to consumers, small and medium-sized enterprises, and large corporations. It operates through three segments; Personal and Commercial, Wealth Management and Financial Markets.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2019-06-17 )

Largest Industry Peers for Banks

ETFs Containing NA:CA

CEW WisdomTree Emerging Curre.. 0.00 % 1.44 %

+0.04 (+0%)

USD 7.08M
CIC:CA CI Canadian Banks Covered.. 0.00 % 0.84 %

+0.06 (+0%)

CAD 0.19B
FIE.A:CA 0.00 % 1.78 %

N/A

N/A
HEF.A:CA 0.00 % 1.61 %

N/A

N/A
HEX.A:CA 0.00 % 1.60 %

N/A

N/A
RQH:CA 0.00 % 0.28 %

N/A

N/A
RQI:CA 0.00 % 0.28 %

N/A

N/A

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 10.51% 90% A- 69% C-
Dividend Return 1.16% 11% F 32% F
Total Return 11.67% 89% A- 69% C-
Trailing 12 Months  
Capital Gain -2.43% 55% F 56% F
Dividend Return 4.00% 24% F 51% F
Total Return 1.58% 52% F 57% F
Trailing 5 Years  
Capital Gain 34.68% 90% A- 81% B-
Dividend Return 25.57% 82% B 78% C+
Total Return 60.25% 90% A- 84% B
Average Annual (5 Year Horizon)  
Capital Gain 7.54% 97% N/A 79% B-
Dividend Return 12.35% 97% N/A 84% B
Total Return 4.82% 85% B 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 18.60% 17% F 40% F
Risk Adjusted Return 66.39% 57% F 76% C+
Market Capitalization 16.74B 95% A 98% N/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 14.30 25% 35%
Price/Book Ratio 1.80 13% 28%
Price / Cash Flow Ratio 1.25 25% 41%
Price/Free Cash Flow Ratio 7.26 22% 34%
Management Effectiveness  
Return on Equity 15.60% 91% 83%
Return on Invested Capital N/A N/A N/A
Return on Assets 0.83% 55% 47%
Debt to Equity Ratio 15.75% 49% 75%

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:
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.

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 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 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.

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:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

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 compared to book value

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

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.

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 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.