NATIONAL BANK OF CANADA - NACN 7.056 PERP (NA-PR-G.CA) Stock Fundamental Analysis
TSX:NA-PR-G - Toronto Stock Exchange - CA63306A2056 - Currency: CAD
NA-PR-G gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 29 industry peers in the Banks industry. NA-PR-G has a medium profitability rating, but doesn't score so well on its financial health evaluation. NA-PR-G has a decent growth rate and is not valued too expensively. Finally NA-PR-G also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NA-PR-G had positive earnings in the past year.
In the past year NA-PR-G had a positive cash flow from operations.
NA-PR-G had positive earnings in each of the past 5 years.
NA-PR-G had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
NA-PR-G has a Return On Assets (0.69%) which is in line with its industry peers.
NA-PR-G has a Return On Equity (11.30%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 11.3% | ||
| ROIC | N/A |
ROA(3y)0.78%
ROA(5y)0.76%
ROE(3y)14.26%
ROE(5y)14.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 29.12%, NA-PR-G belongs to the best of the industry, outperforming 89.66% of the companies in the same industry.
NA-PR-G's Profit Margin has improved in the last couple of years.
NA-PR-G does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 29.12% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.07%
PM growth 5Y2.22%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
NA-PR-G does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, NA-PR-G has more shares outstanding
The number of shares outstanding for NA-PR-G has been increased compared to 5 years ago.
Compared to 1 year ago, NA-PR-G has an improved debt to assets ratio.
2.2 Solvency
NA-PR-G has a debt to FCF ratio of 6.13. This is a slightly negative value and a sign of low solvency as NA-PR-G would need 6.13 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 6.13, NA-PR-G is in the better half of the industry, outperforming 72.41% of the companies in the same industry.
NA-PR-G has a Debt/Equity ratio of 1.78. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.78, NA-PR-G belongs to the top of the industry, outperforming 82.76% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | 6.13 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC23.2%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.88% over the past year.
Measured over the past years, NA-PR-G shows a quite strong growth in Earnings Per Share. The EPS has been growing by 10.31% on average per year.
Looking at the last year, NA-PR-G shows a very strong growth in Revenue. The Revenue has grown by 20.85%.
The Revenue has been growing by 8.93% on average over the past years. This is quite good.
EPS 1Y (TTM)12.88%
EPS 3Y5.02%
EPS 5Y10.31%
EPS Q2Q%12.2%
Revenue 1Y (TTM)20.85%
Revenue growth 3Y8.49%
Revenue growth 5Y8.93%
Sales Q2Q%28.66%
3.2 Future
The Earnings Per Share is expected to grow by 1.50% on average over the next years.
The Revenue is expected to grow by 8.61% on average over the next years. This is quite good.
EPS Next Y4.43%
EPS Next 2Y7.22%
EPS Next 3Y6.8%
EPS Next 5Y1.5%
Revenue Next Year14.93%
Revenue Next 2Y10.6%
Revenue Next 3Y8.61%
Revenue Next 5YN/A
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
NA-PR-G is valuated cheaply with a Price/Earnings ratio of 2.40.
Based on the Price/Earnings ratio, NA-PR-G is valued a bit cheaper than the industry average as 79.31% of the companies are valued more expensively.
NA-PR-G's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.61.
With a Price/Forward Earnings ratio of 2.22, the valuation of NA-PR-G can be described as very cheap.
72.41% of the companies in the same industry are more expensive than NA-PR-G, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.13, NA-PR-G is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.4 | ||
| Fwd PE | 2.22 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, NA-PR-G is valued a bit cheaper than 72.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.08 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NA-PR-G's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.54
PEG (5Y)0.23
EPS Next 2Y7.22%
EPS Next 3Y6.8%
5. Dividend
5.1 Amount
NA-PR-G has a Yearly Dividend Yield of 6.69%, which is a nice return.
NA-PR-G's Dividend Yield is rather good when compared to the industry average which is at 4.42. NA-PR-G pays more dividend than 93.10% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, NA-PR-G pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
5.2 History
On average, the dividend of NA-PR-G grows each year by 10.25%, which is quite nice.
NA-PR-G has been paying a dividend for over 5 years, so it has already some track record.
NA-PR-G has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)10.25%
Div Incr Years1
Div Non Decr Years4
5.3 Sustainability
47.57% of the earnings are spent on dividend by NA-PR-G. This is a bit on the high side, but may be sustainable.
NA-PR-G's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.57%
EPS Next 2Y7.22%
EPS Next 3Y6.8%
NATIONAL BANK OF CANADA - NACN 7.056 PERP
TSX:NA-PR-G (7/30/2025, 7:00:00 PM)
26.5
0 (0%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners36.35%
Inst Owner ChangeN/A
Ins Owners0.1%
Ins Owner ChangeN/A
Market Cap10.38B
Analysts72.73
Price Target27.2 (2.64%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.69% |
Yearly Dividend4.83
Dividend Growth(5Y)10.25%
DP47.57%
Div Incr Years1
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)11.26%
Min EPS beat(2)7.33%
Max EPS beat(2)15.18%
EPS beat(4)3
Avg EPS beat(4)6.16%
Min EPS beat(4)-2.42%
Max EPS beat(4)15.18%
EPS beat(8)6
Avg EPS beat(8)3.36%
EPS beat(12)7
Avg EPS beat(12)1.27%
EPS beat(16)10
Avg EPS beat(16)2.77%
Revenue beat(2)2
Avg Revenue beat(2)5.54%
Min Revenue beat(2)3.19%
Max Revenue beat(2)7.89%
Revenue beat(4)3
Avg Revenue beat(4)2.69%
Min Revenue beat(4)-1.39%
Max Revenue beat(4)7.89%
Revenue beat(8)5
Avg Revenue beat(8)0.85%
Revenue beat(12)5
Avg Revenue beat(12)-1.27%
Revenue beat(16)6
Avg Revenue beat(16)-1.34%
PT rev (1m)0%
PT rev (3m)-7.72%
EPS NQ rev (1m)1.16%
EPS NQ rev (3m)1.16%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)5.47%
Revenue NQ rev (3m)5.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.06%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.4 | ||
| Fwd PE | 2.22 | ||
| P/S | 0.81 | ||
| P/FCF | 1.08 | ||
| P/OCF | 1.06 | ||
| P/B | 0.32 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | N/A |
EPS(TTM)11.04
EY41.66%
EPS(NY)11.94
Fwd EY45.07%
FCF(TTM)24.43
FCFY92.2%
OCF(TTM)25.04
OCFY94.47%
SpS32.6
BVpS83.98
TBVpS71.34
PEG (NY)0.54
PEG (5Y)0.23
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.69% | ||
| ROE | 11.3% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 29.12% | ||
| GM | N/A | ||
| FCFM | 74.95% |
ROA(3y)0.78%
ROA(5y)0.76%
ROE(3y)14.26%
ROE(5y)14.14%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-2.07%
PM growth 5Y2.22%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.78 | ||
| Debt/FCF | 6.13 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 42.83% | ||
| Cap/Sales | 1.85% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 257.41% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC23.2%
ROIC/WACCN/A
Cap/Depr(3y)71.63%
Cap/Depr(5y)60.13%
Cap/Sales(3y)3.48%
Cap/Sales(5y)3.04%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.88%
EPS 3Y5.02%
EPS 5Y10.31%
EPS Q2Q%12.2%
EPS Next Y4.43%
EPS Next 2Y7.22%
EPS Next 3Y6.8%
EPS Next 5Y1.5%
Revenue 1Y (TTM)20.85%
Revenue growth 3Y8.49%
Revenue growth 5Y8.93%
Sales Q2Q%28.66%
Revenue Next Year14.93%
Revenue Next 2Y10.6%
Revenue Next 3Y8.61%
Revenue Next 5YN/A
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-26.6%
FCF growth 3Y-10.63%
FCF growth 5Y-12.35%
OCF growth 1Y-26.6%
OCF growth 3Y-8.7%
OCF growth 5Y-10.89%