National Bank of Canada
TSX:NA

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National Bank of Canada
TSX:NA
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Price: 128.53 CAD 0.16%
Market Cap: 50.3B CAD

Relative Value

The Relative Value of one NA stock under the Base Case scenario is 149.59 CAD. Compared to the current market price of 128.53 CAD, National Bank of Canada is Undervalued by 14%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NA Relative Value
Base Case
149.59 CAD
Undervaluation 14%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
14
vs Industry
18
Median 3Y
3.9
Median 5Y
3.9
Industry
2.5
Forward
3.7
vs History
19
vs Industry
31
Median 3Y
12.5
Median 5Y
12.5
Industry
10.5
Forward
11.9
vs History
15
vs Industry
10
Median 3Y
1.8
Median 5Y
1.8
Industry
1
vs History
31
vs Industry
40
Median 3Y
0.1
Median 5Y
0.1
Industry
0.1

Multiples Across Competitors

NA Competitors Multiples
National Bank of Canada Competitors

Market Cap P/S P/E P/B
CA
National Bank of Canada
TSX:NA
50.3B CAD 4.2 13.5 1.9
US
JPMorgan Chase & Co
NYSE:JPM
733.7B USD 4.1 12.6 2.1
ZA
Absa Bank Ltd
JSE:ABSP
421.6B Zac 0 0 0
ZA
Capitec Bank Holdings Ltd
JSE:CPI
399.4B Zac 0 0 0
ZA
Standard Bank Group Ltd
JSE:SBK
373.9B Zac 0 0 0
CN
Industrial and Commercial Bank of China Ltd
SSE:601398
2.5T CNY 3 7.3 0.6
US
Bank of America Corp
NYSE:BAC
332B USD 3.2 47.5 1.1
CN
Agricultural Bank of China Ltd
SSE:601288
2T CNY 2.7 7.4 0.6
US
Wells Fargo & Co
NYSE:WFC
242.3B USD 3 12.8 1.3
CN
Bank of China Ltd
SSE:601988
1.7T CNY 2.5 7.5 0.6
UK
HSBC Holdings PLC
LSE:HSBA
157.8B GBP 1.7 5.9 1.1