Bank of Nova ScotiaBNS +0.28%67 EV-to-FCF is 14.98 as of Jul. 01, 2026, which is 51% above its 10-year median of 9.89. GuruFocus rates BNS with a GF Score™ of 67/100 and a GF Value™ of $58.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,196 Banks companies, Bank of Nova Scotia ranks worse than 77.59% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Bank of Nova Scotia's Enterprise Value is $301,383 Mil.
Bank of Nova Scotia's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $20,125 Mil. Therefore, Bank of Nova Scotia's EV-to-FCF for today is 14.98.
The historical rank and industry rank for Bank of Nova Scotia's EV-to-FCF or its related term are showing as below:
BNS'
s EV-to-FCF Range Over the Past 10 Years
Min: -139.71 Med: 9.89 Max: 5152.25
Current: 14.98
During the past 13 years, the highest EV-to-FCF of Bank of Nova Scotia was 5152.25. The lowest was -139.71. And the median was 9.89.
BNS's EV-to-FCF is ranked worse than 77.59% of 1196
companies
in the Banks industry
Industry Median: 6.545
vs BNS: 14.98
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Bank of Nova Scotia (NYSE:BNS) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Bank of Nova Scotia's PE Ratio (TTM) for today is calculated as:
Bank of Nova Scotia's share price for today is $86.84.
Bank of Nova Scotia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.234.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Bank of Nova Scotia EV-to-FCF Related Terms
Bank of Nova Scotia EV-to-FCF Historical Data
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The historical data trend for Bank of Nova Scotia's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Diversified subindustry, Bank of Nova Scotia's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bank of Nova Scotia EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Nova Scotia's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Bank of Nova Scotia's EV-to-FCF falls into.
Bank of Nova Scotia's current Enterprise Value is $301,383 Mil.
Bank of Nova Scotia's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $20,125 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bank of Nova Scotia (BNS) has a EV-to-FCF of 14.98 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bank of Nova Scotia and its competitors. This is 51% above median its historical median of 9.89. According to the industry distribution chart, Bank of Nova Scotia ranks #928 out of 1196 companies in the Banks industry, placing it in the top 77.6%.
Is Bank of Nova Scotia's EV-to-FCF too high?
Bank of Nova Scotia's current EV-to-FCF of 14.98 is 51% above median its 10-year median of 9.89. The Banks industry median EV-to-FCF is 6.55. Bank of Nova Scotia's value of 14.98 is 128.9% above this industry median. Based on the distribution chart, Bank of Nova Scotia ranks #928 out of 1196 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of Nova Scotia has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Nova Scotia's EV-to-FCF compare to JPM and BAC?
According to the Banks industry distribution chart, Bank of Nova Scotia ranks #928 out of 1196 companies for EV-to-FCF. This places Bank of Nova Scotia in the lower half of its industry. The industry median EV-to-FCF is 6.55. Bank of Nova Scotia's value of 14.98 is 128.9% above this benchmark. While the company's 10-year median is 9.89 vs. the industry median of 6.55, Bank of Nova Scotia has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Banks company?
The median EV-to-FCF among Banks companies is 6.55, based on 1,196 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bank of Nova Scotia's current EV-to-FCF of 14.98 is 128.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bank of Nova Scotia and its competitors. For the Banks industry, the median EV-to-FCF is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Nova Scotia's current EV-to-FCF is 14.98, which is 51% above median its own 10-year median of 9.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Nova Scotia stock overvalued right now?
Based on GuruFocus' analysis, Bank of Nova Scotia (BNS) is currently considered Significantly Overvalued. The stock's GF Value™ is $58.33, compared to a current price of $86.84 — trading 48.9% above its estimated fair value. The current EV-to-FCF is 14.98, which is 51% above median its 10-year median of 9.89 and 128.9% above the Banks industry median of 6.55. Bank of Nova Scotia's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Bank of Nova Scotia (BNS), the current EV-to-FCF is 14.98 as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bank of Nova Scotia (BNS) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Nova Scotia stock appears to be overvalued.
The current stock price of $86.84 is trading 48.9% above its estimated GF Value™ of $58.33.
GuruFocus considers Bank of Nova Scotia to be Significantly Overvalued.
Key valuation signals for BNS:
EV-to-FCF: 14.98 (51% above median its 10-year median of 9.89)
GF Value™: $58.33 vs. price of $86.84 (48.9% above fair value)
Industry Position: 128.9% above the Banks median (#928 of 1196)
No single metric tells the full story. See the BNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Nova Scotia is a global financial-services provider with over CAD 1.5 trillion in assets as of the end of April 2026. It has four major business segments: Canadian banking, international banking, global wealth management, and global banking and markets. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Latin America.
67GF Score
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