BNS vs MUFG

Bank Nova Scotia Halifax Pfd 3 vs Mitsubishi UFJ Financial Group, — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — MUFG scores higher on quality with 7.8/10 vs BNS's 1.7/10. BNS trades at $80.64 while MUFG trades at $19.17. Both analyzed daily using SEC EDGAR data across 13 institutional models.

BNS

Banks - Diversified
Bank Nova Scotia Halifax Pfd 3
Quality
1.7
out of 10
Value Trap
Price
$80.64
Last close
Models
11/13
Active
VS

MUFG

Banks - Diversified
Mitsubishi UFJ Financial Group,
Quality
7.8
out of 10
Value Trap
30
LOW
Price
$19.17
Last close
Models
8/13
Active
BNS
2 models active
Quality 1.7/10 — below average
MUFG
Markov DDM sees +122.4% upside
Limited to 2/13 visible models

BNS vs MUFG — Fair Value Comparison

BNS
$0$32$63$95 Price$80.64 Bayesian …$26.29 (-67.4%) Earnings …$34.31 (-54.7%)
MUFG
$0$17$34$50 Price$19.17 First Chi…$1.93 (-89.9%) Markov DDM$42.63 (+122.4%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType BNS Fair ValueBNS Upside MUFG Fair ValueMUFG Upside
Bayesian DCF Intrinsic $26.29 -67.4%
Earnings Power Value Intrinsic $34.31 -54.7%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $88.14 +12.0% $1.93 -89.9%
Markov DDM Intrinsic $56.45 -26.9% $42.63 +122.4%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

BNS vs MUFG — Which Stock Is More Undervalued in 2026?

MUFG scores higher with a 7.8/10 quality rating vs BNS's 1.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do BNS and MUFG Valuations Compare?

BNS currently trades at $80.64 while MUFG trades at $19.17. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily for both companies.

Quality of Company: BNS vs MUFG

BNS earns a Quality of Company score of 1.7/10 compared to MUFG's 7.8/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: BNS vs MUFG

Review the value trap analysis for both BNS and MUFG to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Banks - Diversified

Both BNS and MUFG operate in Banks - Diversified, which has 17 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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