Advance Auto Parts, Inc. vs Bank of Nova Scotia — how do they compare? Advance Auto Parts, Inc. trades at $53.1 (market cap $3.36B), while Bank of Nova Scotia trades at $89.03 (market cap $107.95B). The key difference: Bank of Nova Scotia is far larger — about 32.1× Advance Auto Parts, Inc.'s market cap, and Bank of Nova Scotia pays the higher dividend (3.65%). Which is the better fit depends on your goals.
| AAP | BNS | |
|---|---|---|
Market Cap | $3.36B | $107.95B |
Sector | Consumer Cyclical | Financials |
52-Week High | $64.17 | $90.29 |
52-Week Low | $38.75 | $56.41 |
Enterprise Value | $5.63B | — |
Dividend Yield | 1.79% | 3.65% |
Trailing returns across standard periods
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. 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 Central and South America.
Read more on BNS →