Company Valuation: National Bank of Canada

Data adjusted to current consolidation scope
Fiscal Period: October 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 34,608 31,221 29,165 45,223 61,262 81,319 - -
Change - -9.79% -6.59% 55.06% 35.46% 32.74% - -
Enterprise Value (EV) 34,608 31,221 29,165 45,223 61,262 81,319 81,319 81,319
Change - -9.79% -6.59% 55.06% 35.46% 32.74% 0% 0%
P/E 11.4x 9.65x 9.19x 12.4x 15.6x 16.6x 14.8x 13.7x
PBR 2.14x 1.68x 1.42x 2.02x 2x 2.55x 2.39x 2.23x
PEG - 1.33x -3.84x 0.9x -2.73x 0.6x 1.3x 1.68x
Capitalization / Revenue 3.8x 3.14x 2.74x 3.89x 4.37x 5.14x 4.89x 4.62x
EV / Revenue 0x 0x 0x 0x 0x 5.14x 4.89x 4.62x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 10.6x 9.95x 9.22x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 2.84 3.58 3.98 4.32 4.64 5.157 5.607 5.833
Rate of return 2.77% 3.86% 4.62% 3.25% 2.96% 2.43% 2.64% 2.75%
EPS 2 8.96 9.61 9.38 10.68 10.07 12.79 14.3 15.46
Distribution rate 31.7% 37.3% 42.4% 40.4% 46.1% 40.3% 39.2% 37.7%
Net sales 1 9,116 9,934 10,658 11,628 14,027 15,829 16,644 17,597
EBITDA - - - - - - - -
EBIT 1 4,074 4,704 5,018 5,592 6,852 7,674 8,171 8,821
Net income 1 3,177 3,383 3,335 3,816 4,017 5,102 5,492 5,767
Net Debt - - - - - - - -
Reference price 2 102.46 92.76 86.22 132.80 156.70 212.23 212.23 212.23
Nbr of stocks (in thousands) 337,773 336,580 338,258 340,537 390,948 383,167 - -
Announcement Date 12/1/21 11/30/22 12/1/23 12/4/24 12/3/25 - - -
1CAD in Million2CAD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
13.56x - - 1.86% 912B
6.23x - - 4.98% 410B
12.22x - - 2.1% 396B
12.24x - - 4.26% 343B
6.14x - - 5.03% 327B
6.78x - - 4.69% 299B
17.6x - - 2.39% 280B
14.81x - - 2.66% 266B
11.34x - - 2.3% 251B
Average 11.21x 3.36% 387B
Weighted average by Cap. 11.40x 3.17%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NA Stock
  4. NBKCF Stock
  5. Valuation National Bank of Canada