National Bank of CanadaNTIOF +0.26%73 FCF Margin % is 273.47% as of Apr. 2026, which is 410% above its 10-year median of 53.61. GuruFocus rates NTIOF with a GF Score™ of 73/100 and a GF Value™ of $109.23 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,504 Banks companies, National Bank of Canada ranks better than 92.42% on this metric.
* 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, National Bank of Canada's FCF Margin %, along with its competitors' market caps and FCF Margin % 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.
National Bank of Canada FCF Margin % vs Banks Industry
For the Banks industry and Financial Services sector, National Bank of Canada's FCF Margin % distribution charts can be found below:
* The bar in red indicates where National Bank of Canada's FCF Margin % falls into.
* 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.
National Bank of Canada (NTIOF) has a FCF Margin % of 273.47% as of Apr. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Bank of Canada and its competitors. This is 410% above median its historical median of 53.61. According to the industry distribution chart, National Bank of Canada ranks #114 out of 1504 companies in the Banks industry, placing it in the top 7.6%.
Is National Bank of Canada's FCF Margin % too high?
National Bank of Canada's current FCF Margin % of 273.47% is 410% above median its 10-year median of 53.61. The Banks industry median FCF Margin % is 26.50. National Bank of Canada's value of 273.47% is 932% above this industry median. Based on the distribution chart, National Bank of Canada ranks #114 out of 1504 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, National Bank of Canada has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bank of Canada's FCF Margin % compare to JPM and BAC?
According to the Banks industry distribution chart, National Bank of Canada ranks #114 out of 1504 companies for FCF Margin %. This places National Bank of Canada in the top 8% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 26.50. National Bank of Canada's value of 273.47% is 932% above this benchmark. While the company's 10-year median is 53.61 vs. the industry median of 26.50, National Bank of Canada 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 FCF Margin % for a Banks company?
The median FCF Margin % among Banks companies is 26.50, based on 1,504 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. National Bank of Canada's current FCF Margin % of 273.47% is 932% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on National Bank of Canada and its competitors. For the Banks industry, the median FCF Margin % is 26.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bank of Canada's current FCF Margin % is 273.47%, which is 410% above median its own 10-year median of 53.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bank of Canada stock overvalued right now?
Based on GuruFocus' analysis, National Bank of Canada (NTIOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $109.23, compared to a current price of $158.03 — trading 44.7% above its estimated fair value. The current FCF Margin % is 273.47%, which is 410% above median its 10-year median of 53.61 and 932% above the Banks industry median of 26.50. National Bank of Canada's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For National Bank of Canada (NTIOF), the current FCF Margin % is 273.47% as of Apr. 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 National Bank of Canada (NTIOF) Overvalued in 2026?
Based on GuruFocus' analysis, National Bank of Canada stock appears to be overvalued.
The current stock price of $158.03 is trading 44.7% above its estimated GF Value™ of $109.23.
GuruFocus considers National Bank of Canada to be Significantly Overvalued.
Key valuation signals for NTIOF:
FCF Margin %: 273.47% (410% above median its 10-year median of 53.61)
GF Value™: $109.23 vs. price of $158.03 (44.7% above fair value)
Industry Position: 932% above the Banks median (#114 of 1504)
No single metric tells the full story. See the NTIOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bank of Canada is the sixth-largest bank in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth management and capital markets services. The bank derives around 45% of its 2025 revenue from the province of Quebec, with additional operations in the rest of Canada and the United States. National Bank of Canada also owns ABA Bank, one of the largest commercial banks in Cambodia.
73GF Score
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