BANK OF NOVA SCOTIA (BNS) Fundamental Analysis & Valuation

NYSE:BNS • CA0641491075

Current stock price

69.79 USD
-0.48 (-0.68%)
At close:
69.79 USD
0 (0%)
After Hours:

This BNS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

2

1. BNS Profitability Analysis

1.1 Basic Checks

  • In the past year BNS was profitable.
  • BNS had a positive operating cash flow in the past year.
  • In the past 5 years BNS has always been profitable.
  • Of the past 5 years BNS 4 years had a positive operating cash flow.
BNS Yearly Net Income VS EBIT VS OCF VS FCFBNS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B

1.2 Ratios

  • BNS has a Return On Assets of 0.57%. This is in the lower half of the industry: BNS underperforms 76.64% of its industry peers.
  • Looking at the Return On Equity, with a value of 9.58%, BNS is in line with its industry, outperforming 56.69% of the companies in the same industry.
Industry RankSector Rank
ROA 0.57%
ROE 9.58%
ROIC N/A
ROA(3y)0.5%
ROA(5y)0.6%
ROE(3y)8.74%
ROE(5y)10.53%
ROIC(3y)N/A
ROIC(5y)N/A
BNS Yearly ROA, ROE, ROICBNS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6 8 10

1.3 Margins

  • BNS has a worse Profit Margin (22.07%) than 62.99% of its industry peers.
  • BNS's Profit Margin has declined in the last couple of years.
  • BNS does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) 22.07%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-14.46%
PM growth 5Y-1.74%
GM growth 3YN/A
GM growth 5YN/A
BNS Yearly Profit, Operating, Gross MarginsBNS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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1

2. BNS Health Analysis

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 less shares outstanding
  • BNS has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for BNS has been reduced compared to a year ago.
BNS Yearly Shares OutstandingBNS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M 800M 1B
BNS Yearly Total Debt VS Total AssetsBNS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500B 1T

2.2 Solvency

  • The Debt to FCF ratio of BNS is 18.78, which is on the high side as it means it would take BNS, 18.78 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 18.78, BNS is doing worse than 81.36% of the companies in the same industry.
  • BNS has a Debt/Equity ratio of 2.78. This is a high value indicating a heavy dependency on external financing.
  • BNS's Debt to Equity ratio of 2.78 is on the low side compared to the rest of the industry. BNS is outperformed by 92.39% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.78
Debt/FCF 18.78
Altman-Z N/A
ROIC/WACCN/A
WACC12.22%
BNS Yearly LT Debt VS Equity VS FCFBNS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B 60B 80B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
BNS Yearly Current Assets VS Current LiabilitesBNS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B 400B 500B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. BNS Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 12.84% over the past year.
  • The Earnings Per Share has been growing slightly by 5.75% on average over the past years.
  • The Revenue has grown by 9.84% in the past year. This is quite good.
  • The Revenue has been growing slightly by 3.79% on average over the past years.
EPS 1Y (TTM)12.84%
EPS 3Y-5.83%
EPS 5Y5.75%
EPS Q2Q%16.48%
Revenue 1Y (TTM)9.84%
Revenue growth 3Y6.31%
Revenue growth 5Y3.79%
Sales Q2Q%2.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.96% on average over the next years.
  • Based on estimates for the next years, BNS will show a small growth in Revenue. The Revenue will grow by 3.80% on average per year.
EPS Next Y16.45%
EPS Next 2Y14.63%
EPS Next 3Y13.28%
EPS Next 5Y6.96%
Revenue Next Year6.07%
Revenue Next 2Y5.45%
Revenue Next 3Y4.28%
Revenue Next 5Y3.8%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
BNS Yearly Revenue VS EstimatesBNS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
BNS Yearly EPS VS EstimatesBNS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

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5

4. BNS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.97, the valuation of BNS can be described as correct.
  • Based on the Price/Earnings ratio, BNS is valued a bit more expensive than 62.73% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of BNS to the average of the S&P500 Index (25.79), we can say BNS is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 10.27, the valuation of BNS can be described as reasonable.
  • BNS's Price/Forward Earnings is on the same level as the industry average.
  • BNS is valuated cheaply when we compare the Price/Forward Earnings ratio to 23.80, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 12.97
Fwd PE 10.27
BNS Price Earnings VS Forward Price EarningsBNS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • BNS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. BNS is cheaper than 71.65% of the companies in the same industry.
Industry RankSector Rank
P/FCF 9.1
EV/EBITDA N/A
BNS Per share dataBNS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40 50

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as BNS's earnings are expected to grow with 13.28% in the coming years.
PEG (NY)0.79
PEG (5Y)2.25
EPS Next 2Y14.63%
EPS Next 3Y13.28%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

7

5. BNS Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 4.61%, BNS is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.90, BNS pays a better dividend. On top of this BNS pays more dividend than 86.35% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.91, BNS pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.61%

5.2 History

  • The dividend of BNS has a limited annual growth rate of 4.75%.
  • BNS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)4.75%
Div Incr Years0
Div Non Decr Years0
BNS Yearly Dividends per shareBNS Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4 5

5.3 Sustainability

  • 70.59% of the earnings are spent on dividend by BNS. This is not a sustainable payout ratio.
  • The dividend of BNS is growing, but earnings are growing more, so the dividend growth is sustainable.
DP70.59%
EPS Next 2Y14.63%
EPS Next 3Y13.28%
BNS Yearly Income VS Free CF VS DividendBNS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20B 40B
BNS Dividend Payout.BNS Dividend Payout, showing the Payout Ratio.BNS Dividend Payout.PayoutRetained Earnings

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BNS Fundamentals: All Metrics, Ratios and Statistics

BANK OF NOVA SCOTIA

NYSE:BNS (3/18/2026, 8:04:00 PM)

After market: 69.79 0 (0%)

69.79

-0.48 (-0.68%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)02-24
Earnings (Next)05-27
Inst Owners54.54%
Inst Owner Change-1.14%
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap86.17B
Revenue(TTM)38.02B
Net Income(TTM)8.39B
Analysts67.37
Price Target79.79 (14.33%)
Short Float %0.42%
Short Ratio2.52
Dividend
Industry RankSector Rank
Dividend Yield 4.61%
Yearly Dividend3.46
Dividend Growth(5Y)4.75%
DP70.59%
Div Incr Years0
Div Non Decr Years0
Ex-Date04-07
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.81%
Min EPS beat(2)3.68%
Max EPS beat(2)3.93%
EPS beat(4)3
Avg EPS beat(4)2.98%
Min EPS beat(4)-3.49%
Max EPS beat(4)7.79%
EPS beat(8)5
Avg EPS beat(8)1.79%
EPS beat(12)6
Avg EPS beat(12)-1.06%
EPS beat(16)8
Avg EPS beat(16)-0.72%
Revenue beat(2)1
Avg Revenue beat(2)0.78%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)3.15%
Revenue beat(4)2
Avg Revenue beat(4)0.58%
Min Revenue beat(4)-1.59%
Max Revenue beat(4)3.15%
Revenue beat(8)3
Avg Revenue beat(8)0.28%
Revenue beat(12)4
Avg Revenue beat(12)-0.09%
Revenue beat(16)4
Avg Revenue beat(16)-1.09%
PT rev (1m)4.99%
PT rev (3m)8.5%
EPS NQ rev (1m)0.31%
EPS NQ rev (3m)0.31%
EPS NY rev (1m)1.87%
EPS NY rev (3m)2.64%
Revenue NQ rev (1m)1.02%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0.84%
Revenue NY rev (3m)2.27%
Valuation
Industry RankSector Rank
PE 12.97
Fwd PE 10.27
P/S 3.11
P/FCF 9.1
P/OCF 8.72
P/B 1.35
P/tB 1.65
EV/EBITDA N/A
EPS(TTM)5.38
EY7.71%
EPS(NY)6.8
Fwd EY9.74%
FCF(TTM)7.67
FCFY10.99%
OCF(TTM)8.01
OCFY11.47%
SpS22.47
BVpS51.76
TBVpS42.23
PEG (NY)0.79
PEG (5Y)2.25
Graham Number79.16
Profitability
Industry RankSector Rank
ROA 0.57%
ROE 9.58%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 22.07%
GM N/A
FCFM 34.14%
ROA(3y)0.5%
ROA(5y)0.6%
ROE(3y)8.74%
ROE(5y)10.53%
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-14.46%
PM growth 5Y-1.74%
GM growth 3YN/A
GM growth 5YN/A
F-Score9
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 2.78
Debt/FCF 18.78
Debt/EBITDA N/A
Cap/Depr 35.94%
Cap/Sales 1.5%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 154.67%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score9
WACC12.22%
ROIC/WACCN/A
Cap/Depr(3y)24.57%
Cap/Depr(5y)28.32%
Cap/Sales(3y)1.25%
Cap/Sales(5y)1.41%
Profit Quality(3y)243.31%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.84%
EPS 3Y-5.83%
EPS 5Y5.75%
EPS Q2Q%16.48%
EPS Next Y16.45%
EPS Next 2Y14.63%
EPS Next 3Y13.28%
EPS Next 5Y6.96%
Revenue 1Y (TTM)9.84%
Revenue growth 3Y6.31%
Revenue growth 5Y3.79%
Sales Q2Q%2.92%
Revenue Next Year6.07%
Revenue Next 2Y5.45%
Revenue Next 3Y4.28%
Revenue Next 5Y3.8%
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-24.26%
FCF growth 3Y-32.39%
FCF growth 5Y-38.15%
OCF growth 1Y-23.31%
OCF growth 3Y-31.66%
OCF growth 5Y-37.49%

BANK OF NOVA SCOTIA / BNS Fundamental Analysis FAQ

What is the fundamental rating for BNS stock?

ChartMill assigns a fundamental rating of 3 / 10 to BNS.


Can you provide the valuation status for BANK OF NOVA SCOTIA?

ChartMill assigns a valuation rating of 5 / 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.


What are the PE and PB ratios of BANK OF NOVA SCOTIA (BNS) stock?

The Price/Earnings (PE) ratio for BANK OF NOVA SCOTIA (BNS) is 12.97 and the Price/Book (PB) ratio is 1.35.


Can you provide the dividend sustainability for BNS stock?

The dividend rating of BANK OF NOVA SCOTIA (BNS) is 7 / 10 and the dividend payout ratio is 70.59%.