Assessing Bank of Nova Scotia (TSX:BNS) Valuation After Recent Share Price Weakness And Long Term Gains

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Bank of Nova Scotia (TSX:BNS) has experienced short-term share price weakness but shows strong multi-year returns. Despite a recent 10% drop over the past month, the stock has delivered 43.4% over the past year and 55.9% over five years. A discounted cash flow (DCF) model estimates BNS to be undervalued by about 42% with a fair value of CA$107.14, compared to its current price of CA$93.61.

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