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A look at a High Market Cap Stock: The Bank of Nova Scotia, BNS

The Bank of Nova Scotia, BNS is in the exchange NYSE and its industry is Money Center Banks in the sector of Financial. Based in Canada, The Bank of Nova Scotia, BNS  has a market cap of 66254.43. Since its IPO date on the 9/13/1999, The Bank of Nova Scotia, BNS performance year to date is 40.29%. Today The Bank of Nova Scotia, BNS has gained 0.16%, with a current price of 54.97.

Ownership of the company is *TBA for insider ownership while institutional ownership is 65.50%. The management of the company have seen the company have a payout ratio of 50.00%. Return of assets are at 0.80%, with return on investment at 16.80%.

In terms of debt levels and profit levels, The Bank of Nova Scotia, BNS is seeing a long-term debt/equity of 0.15. While Total debt/equity is 0.15. With a profit margin of 31.50%, this is combined with a gross margin of *TBA, and operating margin of 53.50%. The Bank of Nova Scotia ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year The Bank of Nova Scotia, BNS has seen a EPS growth of 0.00%. A performance for the year of 26.08%. The 52-week high is -0.72%, and the 52-week low is 62.31%. The average volume for The Bank of Nova Scotia, BNS is 198934.

With a target price of 56.71, can The Bank of Nova Scotia, BNS reach this target? Looking at the value indicators of The Bank of Nova Scotia, BNS. The Bank of Nova Scotia has a P/E of 13.1 and a forward P/E of 11.73. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.77. The Bank of Nova Scotia also has a P/S and a P/B of 4.12 and 1.75 respectively. For P/cash, The Bank of Nova Scotia has a value of 0.29, while it is 4.23 for P/free cash flow.

At the current price of 54.97, The Bank of Nova Scotia has a dividend yield of 4.11%. We see a return on equity of 13.70%.

Looking more long-term The Bank of Nova Scotia, is projected to get an EPS growth for the next five years of 4.73%. In the short-term an EPS growth of 7.04% in the next year is forecasted. This is after a EPS growth of 0.00% for this year and for the last five years a 8.10% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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