Bank Of Nova Stock Return On Equity

BNS Stock

USD 53.04 1.14 2.20%

Bank of Nova fundamentals help investors to digest information that contributes to Bank of Nova Scotia's financial success or failures. It also enables traders to predict the movement of Bank Stock. The fundamental analysis module provides a way to measure Bank of Nova Scotia's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bank of Nova Scotia stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.11	0.17

Return On Equity is likely to gain to 0.17 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Bank of Nova Company Return On Equity Analysis

Bank of Nova Scotia's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Bank of Nova Scotia Return On Equity

0.0949

Most of Bank of Nova Scotia's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bank of Nova is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Bank Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Bank of Nova Scotia is extremely important. It helps to project a fair market value of Bank Stock properly, considering its historical fundamentals such as Return On Equity. Since Bank of Nova Scotia's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bank of Nova Scotia's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bank of Nova Scotia's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Net Tangible Assets	Long Term Debt	Good Will	Short Term Investments	Long Term Investments	Short Long Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Long Term Debt Total	Earning Assets	Net Invested Capital	Capital Stock
Total Assets		0.91	0.52	0.88	0.14	0.25	1.0	0.85	0.94	0.8	0.29	0.42	0.81	0.43	0.7	0.89	0.77	-0.83	-0.01	0.69	0.77	0.44	0.45
Total Stockholder Equity	0.91		0.37	0.98	0.45	0.52	0.9	0.72	0.79	0.9	0.52	0.14	0.73	0.67	0.62	0.65	0.48	-0.7	0.0	0.56	0.66	0.33	0.41
Net Debt	0.52	0.37		0.39	0.19	0.32	0.52	0.65	0.54	0.52	0.43	-0.02	0.67	0.33	0.61	0.42	0.32	-0.6	-0.61	0.79	0.79	0.93	0.88
Retained Earnings	0.88	0.98	0.39		0.43	0.5	0.87	0.75	0.77	0.86	0.52	0.13	0.76	0.64	0.64	0.6	0.45	-0.69	0.05	0.57	0.67	0.33	0.45
Accounts Payable	0.14	0.45	0.19	0.43		0.98	0.12	0.05	-0.03	0.7	0.92	-0.81	0.19	0.95	0.23	-0.27	-0.51	-0.14	-0.55	0.04	0.13	0.29	0.28
Net Receivables	0.25	0.52	0.32	0.5	0.98		0.23	0.2	0.08	0.78	0.95	-0.75	0.35	0.97	0.34	-0.16	-0.41	-0.29	-0.6	0.16	0.26	0.42	0.4
Total Liab	1.0	0.9	0.52	0.87	0.12	0.23		0.85	0.94	0.79	0.28	0.44	0.81	0.41	0.71	0.9	0.78	-0.83	-0.01	0.7	0.77	0.45	0.45
Total Current Assets	0.85	0.72	0.65	0.75	0.05	0.2	0.85		0.8	0.64	0.22	0.4	0.97	0.31	0.64	0.77	0.69	-0.95	-0.16	0.8	0.91	0.59	0.66
Short Term Debt	0.94	0.79	0.54	0.77	-0.03	0.08	0.94	0.8		0.64	0.18	0.54	0.78	0.25	0.68	0.89	0.82	-0.79	0.06	0.62	0.7	0.46	0.42
Net Tangible Assets	0.8	0.9	0.52	0.86	0.7	0.78	0.79	0.64	0.64		0.76	-0.19	0.7	0.88	0.63	0.49	0.25	-0.7	-0.4	0.52	0.64	0.52	0.5
Long Term Debt	0.29	0.52	0.43	0.52	0.92	0.95	0.28	0.22	0.18	0.76		-0.7	0.38	0.91	0.55	-0.13	-0.36	-0.25	-0.54	0.23	0.27	0.54	0.48
Good Will	0.42	0.14	-0.02	0.13	-0.81	-0.75	0.44	0.4	0.54	-0.19	-0.7		0.26	-0.6	0.1	0.73	0.88	-0.33	0.56	0.29	0.28	-0.13	-0.08
Short Term Investments	0.81	0.73	0.67	0.76	0.19	0.35	0.81	0.97	0.78	0.7	0.38	0.26		0.43	0.7	0.66	0.56	-0.94	-0.27	0.78	0.9	0.68	0.72
Long Term Investments	0.43	0.67	0.33	0.64	0.95	0.97	0.41	0.31	0.25	0.88	0.91	-0.6	0.43		0.4	0.04	-0.23	-0.41	-0.54	0.24	0.36	0.4	0.39
Short Long Term Debt	0.7	0.62	0.61	0.64	0.23	0.34	0.71	0.64	0.68	0.63	0.55	0.1	0.7	0.4		0.52	0.41	-0.56	-0.16	0.65	0.58	0.7	0.59
Intangible Assets	0.89	0.65	0.42	0.6	-0.27	-0.16	0.9	0.77	0.89	0.49	-0.13	0.73	0.66	0.04	0.52		0.96	-0.76	0.1	0.62	0.68	0.31	0.28
Common Stock	0.77	0.48	0.32	0.45	-0.51	-0.41	0.78	0.69	0.82	0.25	-0.36	0.88	0.56	-0.23	0.41	0.96		-0.65	0.27	0.56	0.59	0.19	0.19
Property Plant Equipment	-0.83	-0.7	-0.6	-0.69	-0.14	-0.29	-0.83	-0.95	-0.79	-0.7	-0.25	-0.33	-0.94	-0.41	-0.56	-0.76	-0.65		0.3	-0.67	-0.85	-0.57	-0.56
Current Deferred Revenue	-0.01	0.0	-0.61	0.05	-0.55	-0.6	-0.01	-0.16	0.06	-0.4	-0.54	0.56	-0.27	-0.54	-0.16	0.1	0.27	0.3		-0.32	-0.38	-0.7	-0.58
Long Term Debt Total	0.69	0.56	0.79	0.57	0.04	0.16	0.7	0.8	0.62	0.52	0.23	0.29	0.78	0.24	0.65	0.62	0.56	-0.67	-0.32		0.94	0.77	0.88
Earning Assets	0.77	0.66	0.79	0.67	0.13	0.26	0.77	0.91	0.7	0.64	0.27	0.28	0.9	0.36	0.58	0.68	0.59	-0.85	-0.38	0.94		0.74	0.85
Net Invested Capital	0.44	0.33	0.93	0.33	0.29	0.42	0.45	0.59	0.46	0.52	0.54	-0.13	0.68	0.4	0.7	0.31	0.19	-0.57	-0.7	0.77	0.74		0.91
Capital Stock	0.45	0.41	0.88	0.45	0.28	0.4	0.45	0.66	0.42	0.5	0.48	-0.08	0.72	0.39	0.59	0.28	0.19	-0.56	-0.58	0.88	0.85	0.91

Click cells to compare fundamentals

Bank Return On Equity Historical Pattern

Today, most investors in Bank of Nova Scotia Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Bank of Nova Scotia's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Bank of Nova Scotia return on equity as a starting point in their analysis.

Bank of Nova Scotia Return On Equity

Timeline

For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

Competition

Predict Bank of Nova Scotia

Return On Equity Over Time

Bank Total Stockholder Equity

Total Stockholder Equity

40.6 Billion

At this time, Bank of Nova Scotia's Total Stockholder Equity is comparatively stable compared to the past year.

Based on the latest financial disclosure, Bank of Nova has a Return On Equity of 0.0949. This is 93.46% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 130.61% lower than that of the firm.

Bank Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Nova Scotia's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of Nova Scotia could also be used in its relative valuation, which is a method of valuing Bank of Nova Scotia by comparing valuation metrics of similar companies.

Bank of Nova Scotia is currently under evaluation in return on equity category among its peers.

Bank of Nova Scotia ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bank of Nova Scotia's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of Nova Scotia's managers, analysts, and investors.

Environmental

Governance

Social

Bank Fundamentals

	Return On Equity	0.0949
	Return On Asset	0.0055
	Profit Margin	0.25 %
	Operating Margin	0.32 %
	Current Valuation	(83.24 B)
	Shares Outstanding	1.24 B
	Shares Owned By Insiders	0.03 %
	Shares Owned By Institutions	51.14 %
	Number Of Shares Shorted	31.51 M
	Price To Earning	12.31 X
	Price To Book	1.23 X
	Price To Sales	2.17 X
	Revenue	31.79 B
	Gross Profit	29.25 B
	EBITDA	11.46 B
	Net Income	7.53 B
	Cash And Equivalents	383.37 B
	Cash Per Share	321.37 X
	Total Debt	313.81 B
	Debt To Equity	14.91 %
	Book Value Per Share	65.87 X
	Cash Flow From Operations	31.72 B
	Short Ratio	16.46 X
	Earnings Per Share	4.11 X
	Price To Earnings To Growth	1.51 X
	Target Price	49.36
	Number Of Employees	89.24 K
	Beta	0.97
	Market Capitalization	64.32 B
	Total Asset	1.41 T
	Retained Earnings	55.75 B
	Annual Yield	0.06 %
	Five Year Return	4.82 %
	Net Asset	1.41 T
	Last Dividend Paid	4.24

About Bank of Nova Scotia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bank of Nova's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Nova Scotia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Nova based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Bank Stock Analysis

When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC