BANK OF NOVA SCOTIA (BNS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BNS - CA0641491075 - Common Stock
68.97 USD
+1.12 (+1.65%)
68.97 USD
0 (0%)
Overall BNS gets a fundamental rating of 3 out of 10. We evaluated BNS against 387 industry peers in the Banks industry. BNS has a bad profitability rating. Also its financial health evaluation is rather negative. BNS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
BNS had positive earnings in the past year.
In the past year BNS had a positive cash flow from operations.
In the past 5 years BNS has always been profitable.
BNS had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.47%, BNS is doing worse than 79.59% of the companies in the same industry.
BNS has a Return On Equity (7.97%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 7.97% | ||
| ROIC | N/A |
ROA(3y)0.57%
ROA(5y)0.62%
ROE(3y)10.35%
ROE(5y)10.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 18.31%, BNS is doing worse than 70.28% of the companies in the same industry.
BNS's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for BNS so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 18.31% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.37%
PM growth 5Y-3.93%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BNS does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, BNS has more shares outstanding
Compared to 5 years ago, BNS has more shares outstanding
Compared to 1 year ago, BNS has a worse debt to assets ratio.
2.2 Solvency
BNS has a debt to FCF ratio of 12.15. This is a negative value and a sign of low solvency as BNS would need 12.15 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.15, BNS is not doing good in the industry: 79.59% of the companies in the same industry are doing better.
BNS has a Debt/Equity ratio of 2.66. This is a high value indicating a heavy dependency on external financing.
BNS has a Debt to Equity ratio of 2.66. This is amonst the worse of the industry: BNS underperforms 91.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.66 | ||
| Debt/FCF | 12.16 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.77%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
BNS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 9.25%, which is quite good.
The Earnings Per Share has been decreasing by -1.98% on average over the past years.
BNS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.12%.
BNS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.64% yearly.
EPS 1Y (TTM)9.25%
EPS 3Y-6.4%
EPS 5Y-1.98%
EPS Q2Q%15.34%
Revenue 1Y (TTM)9.12%
Revenue growth 3Y2.52%
Revenue growth 5Y1.64%
Sales Q2Q%13.41%
3.2 Future
Based on estimates for the next years, BNS will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.55% on average per year.
Based on estimates for the next years, BNS will show a small growth in Revenue. The Revenue will grow by 4.34% on average per year.
EPS Next Y8.96%
EPS Next 2Y11.1%
EPS Next 3Y11.55%
EPS Next 5YN/A
Revenue Next Year10.2%
Revenue Next 2Y6.86%
Revenue Next 3Y5.61%
Revenue Next 5Y4.34%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 14.43, BNS is valued correctly.
65.63% of the companies in the same industry are cheaper than BNS, based on the Price/Earnings ratio.
BNS is valuated rather cheaply when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 12.17, BNS is valued correctly.
BNS's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. BNS is more expensive than 66.15% of the companies in the same industry.
BNS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.43 | ||
| Fwd PE | 12.17 |
4.2 Price Multiples
87.86% of the companies in the same industry are more expensive than BNS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.53 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
BNS's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
PEG (NY)1.61
PEG (5Y)N/A
EPS Next 2Y11.1%
EPS Next 3Y11.55%
5. Dividend
5.1 Amount
BNS has a Yearly Dividend Yield of 4.70%, which is a nice return.
BNS's Dividend Yield is rather good when compared to the industry average which is at 3.33. BNS pays more dividend than 87.34% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, BNS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.7% |
5.2 History
The dividend of BNS has a limited annual growth rate of 4.87%.
BNS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)4.87%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
87.33% of the earnings are spent on dividend by BNS. This is not a sustainable payout ratio.
BNS's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP87.33%
EPS Next 2Y11.1%
EPS Next 3Y11.55%
68.97
+1.12 (+1.65%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners52.97%
Inst Owner Change-4.93%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap85.57B
Revenue(TTM)36.46B
Net Income(TTM)6.68B
Analysts66.67
Price Target65.31 (-5.31%)
Short Float %1.64%
Short Ratio13.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.7% |
Yearly Dividend3.27
Dividend Growth(5Y)4.87%
DP87.33%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.15%
Min EPS beat(2)-3.49%
Max EPS beat(2)7.79%
EPS beat(4)2
Avg EPS beat(4)1.76%
Min EPS beat(4)-3.49%
Max EPS beat(4)7.79%
EPS beat(8)4
Avg EPS beat(8)-1.73%
EPS beat(12)5
Avg EPS beat(12)-2.32%
EPS beat(16)8
Avg EPS beat(16)-0.37%
Revenue beat(2)1
Avg Revenue beat(2)0.37%
Min Revenue beat(2)-0.29%
Max Revenue beat(2)1.03%
Revenue beat(4)2
Avg Revenue beat(4)0.95%
Min Revenue beat(4)-1.73%
Max Revenue beat(4)4.76%
Revenue beat(8)3
Avg Revenue beat(8)0.23%
Revenue beat(12)3
Avg Revenue beat(12)-1.15%
Revenue beat(16)4
Avg Revenue beat(16)-1.28%
PT rev (1m)1.41%
PT rev (3m)8.07%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)3.17%
EPS NY rev (1m)0%
EPS NY rev (3m)3.05%
Revenue NQ rev (1m)0.11%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)0.01%
Revenue NY rev (3m)0.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.43 | ||
| Fwd PE | 12.17 | ||
| P/S | 3.31 | ||
| P/FCF | 6.53 | ||
| P/OCF | 6.42 | ||
| P/B | 1.44 | ||
| P/tB | 1.78 | ||
| EV/EBITDA | N/A |
EPS(TTM)4.78
EY6.93%
EPS(NY)5.67
Fwd EY8.22%
FCF(TTM)10.57
FCFY15.32%
OCF(TTM)10.75
OCFY15.59%
SpS20.86
BVpS47.95
TBVpS38.76
PEG (NY)1.61
PEG (5Y)N/A
Graham Number71.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.47% | ||
| ROE | 7.97% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 18.31% | ||
| GM | N/A | ||
| FCFM | 50.65% |
ROA(3y)0.57%
ROA(5y)0.62%
ROE(3y)10.35%
ROE(5y)10.79%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-10.37%
PM growth 5Y-3.93%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.66 | ||
| Debt/FCF | 12.16 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 18.68% | ||
| Cap/Sales | 0.87% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 276.58% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC13.77%
ROIC/WACCN/A
Cap/Depr(3y)29.79%
Cap/Depr(5y)33.96%
Cap/Sales(3y)1.55%
Cap/Sales(5y)1.72%
Profit Quality(3y)276.59%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)9.25%
EPS 3Y-6.4%
EPS 5Y-1.98%
EPS Q2Q%15.34%
EPS Next Y8.96%
EPS Next 2Y11.1%
EPS Next 3Y11.55%
EPS Next 5YN/A
Revenue 1Y (TTM)9.12%
Revenue growth 3Y2.52%
Revenue growth 5Y1.64%
Sales Q2Q%13.41%
Revenue Next Year10.2%
Revenue Next 2Y6.86%
Revenue Next 3Y5.61%
Revenue Next 5Y4.34%
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-23.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-23.66%
OCF growth 3YN/A
OCF growth 5YN/A
BANK OF NOVA SCOTIA / BNS FAQ
What is the fundamental rating for BNS stock?
ChartMill assigns a fundamental rating of 3 / 10 to BNS.
What is the valuation status for BNS stock?
ChartMill assigns a valuation rating of 4 / 10 to BANK OF NOVA SCOTIA (BNS). This can be considered as Fairly Valued.
How profitable is BANK OF NOVA SCOTIA (BNS) stock?
BANK OF NOVA SCOTIA (BNS) has a profitability rating of 2 / 10.
Can you provide the PE and PB ratios for BNS stock?
The Price/Earnings (PE) ratio for BANK OF NOVA SCOTIA (BNS) is 14.43 and the Price/Book (PB) ratio is 1.44.
Is the dividend of BANK OF NOVA SCOTIA sustainable?
The dividend rating of BANK OF NOVA SCOTIA (BNS) is 6 / 10 and the dividend payout ratio is 87.33%.