(BNS) Bank of Nova Scotia - NYSE
Sector: Financial Services | Industry: Banks - Diversified | Exchange: NYSE (USA) | Market Cap: 99.324m USD | Total Return: 62.4% in 12m
Avg Turnover: 172M
EPS Trend: 44.2%
Qual. Beats: 1
Rev. Trend: 88.5%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20, Confidence
The Bank of Nova Scotia (BNS), founded in 1832 and headquartered in Toronto, is a major Canadian financial institution operating through four primary segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The firm provides a comprehensive range of retail, commercial, and institutional services, including deposit accounts, mortgages, asset management, and investment banking across the Americas and select international markets.
As a member of Canada’s Big Five banks, the company operates within a highly regulated domestic oligopoly characterized by significant barriers to entry and stable capital requirements. Its business model is distinguished by a heavy geographic concentration in the Pacific Alliance countries-Mexico, Peru, Chile, and Colombia-which offers exposure to higher-growth emerging markets compared to its domestic peers.
For a detailed breakdown of the banks valuation and historical performance, consider reviewing the additional metrics available at ValueRay. Given the cyclical nature of the banking sector, monitoring interest rate spreads and regional credit quality remains essential for evaluating the firms long-term stability.
- Exposure to Latin American emerging markets drives higher growth and credit risk
- Canadian mortgage portfolio performance hinges on domestic interest rate environment
- Net interest margin expansion depends on central bank monetary policy shifts
- Operational efficiency improvements through digital transformation reduce non-interest expense ratios
- Global Banking and Markets revenue fluctuates with capital market volatility and volume
| Net Income: 9.55b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -1.52 > 1.0 |
| NWC/Revenue: -336.2% < 20% (prev -1.10k%; Δ 761.8% < -1%) |
| CFO/TA 0.00 > 3% & CFO 6.20b > Net Income 9.55b |
| Net Debt (524b) to EBITDA (14.4b): 36.33 < 3 |
| Current Ratio: 0.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (906.4m) vs 12m ago -27.26% < -2% |
| Gross Margin: 47.70% > 18% (prev 40.55%; Δ 7.14% > 0.5%) |
| Asset Turnover: 4.83% > 50% (prev 5.31%; Δ -0.48% > 0%) |
| Interest Coverage Ratio: 0.39 > 6 (EBIT TTM 12.8b / Interest Expense TTM 32.6b) |
| A: -0.16 (Total Current Assets 9.10b - Total Current Liabilities 248b) / Total Assets 1521b |
| B: 0.04 (Retained Earnings 59.9b / Total Assets 1521b) |
| C: 0.01 (EBIT TTM 12.8b / Avg Total Assets 1468b) |
| D: 0.06 (Book Value of Equity 87.1b / Total Liabilities 1432b) |
| Altman-Z'' = -0.78 = CCC |
As of June 13, 2026, the stock is trading at USD 82.69 with a total of 3,939,622 shares traded.
Over the past week, the price has changed by +4.26%,
over one month by +8.65%,
over three months by +21.56% and
over the past year by +62.41%.
Bank of Nova Scotia has received a consensus analysts rating of 3.47. Therefore, it is recommended to hold BNS.
- StrongBuy: 4
- Buy: 0
- Hold: 10
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 79.9 | -3.4% |
Market Cap CAD = 139b (99.3b USD * 1.3973 USD.CAD)
P/E Trailing = 15.5192
P/E Forward = 13.587
P/S = 2.9029
P/B = 1.7772
P/EG = 1.2572
Revenue TTM = 71.0b CAD
EBIT TTM = 12.8b CAD
EBITDA TTM = 14.4b CAD
Long Term Debt = 161b CAD (from longTermDebt, last quarter)
Short Term Debt = 369b CAD (from shortTermDebt, last quarter)
Debt = 533b CAD (from shortLongTermDebtTotal, last quarter) + Leases 2.96b
Net Debt = 524b CAD (calculated: Debt 533b - CCE 9.10b)
Enterprise Value = 663b CAD (139b + Debt 533b - CCE 9.10b)
Interest Coverage Ratio = 0.39 (Ebit TTM 12.8b / Interest Expense TTM 32.6b)
EV/FCF = -1000.0x (Enterprise Value 663b / FCF TTM -384.2m)
FCF Yield = -0.06% (FCF TTM -384.2m / Enterprise Value 663b)
FCF Margin = -0.54% (FCF TTM -384.2m / Revenue TTM 71.0b)
Net Margin = 13.45% (Net Income TTM 9.55b / Revenue TTM 71.0b)
Gross Margin = 47.70% ((Revenue TTM 71.0b - Cost of Revenue TTM 37.1b) / Revenue TTM)
Gross Margin QoQ = 48.86% (prev 49.37%)
Tobins Q-Ratio = 0.44 (Enterprise Value 663b / Total Assets 1521b)
Interest Expense / Debt = 6.11% (Interest Expense 32.6b / Debt 533b)
Taxrate = 24.62% (3.16b / 12.8b)
NOPAT = 9.66b (EBIT 12.8b * (1 - 24.62%))
Current Ratio = 0.04 (Total Current Assets 9.10b / Total Current Liabilities 248b)
Debt / Equity = 6.12 (Debt 533b / totalStockholderEquity, last quarter 87.1b)
Debt / EBITDA = 36.33 (Net Debt 524b / EBITDA 14.4b)
Debt / FCF = -1.36k (out of range, set to none) (Net Debt 524b / FCF TTM -384.2m)
Total Stockholder Equity = 86.4b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.65% (Net Income 9.55b / Total Assets 1521b)
RoE = 11.05% (Net Income TTM 9.55b / Total Stockholder Equity 86.4b)
RoCE = 5.18% (EBIT 12.8b / Capital Employed (Equity 86.4b + L.T.Debt 161b))
RoIC = 0.59% (NOPAT 9.66b / Invested Capital 1639b)
WACC = 5.29% (E(139b)/V(672b) * Re(7.91%) + D(533b)/V(672b) * Rd(6.11%) * (1-Tc(0.25)))
Discount Rate = 7.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 20.95 | Cagr: -12.40%
[DCF] Fair Price = unknown (Cash Flow -384.2m)
EPS Correlation: 44.18 | EPS CAGR: 3.24% | SUE: 1.06 | # QB: 1
Revenue Correlation: 88.51 | Revenue CAGR: 43.61% | SUE: 0.67 | # QB: 0
EPS current Quarter (2026-07-31): EPS=2.09 | Chg30d=N/A | Revisions=+20% | Analysts=12
EPS current Year (2026-10-31): EPS=8.26 | Chg30d=N/A | Revisions=+65% | GrowthEPS=+16.5% | GrowthRev=+5.0%
EPS next Year (2027-10-31): EPS=9.21 | Chg30d=N/A | Revisions=+38% | GrowthEPS=+11.5% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +65%