Nedbank Group Ltd NED

Morningstar Rating
ZAC 29,897.00 −564.00 (1.85%)
View Full Chart

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NED is trading at a 128% premium.
Price
ZAR 303.38
Fair Value
ZAR 496.16
Uncertainty
High
1-Star Price
ZAR 349.63
5-Star Price
ZAR 527.23
Economic Moat
Yhjs
Capital Allocation

Trading Information

Previous Close Price
ZAC 30,461.00
Day Range
ZAC 29,897.0030,791.00
52-Week Range
ZAC 19,400.0031,049.00
Bid/Ask
ZAC 29,500.00 / ZAC 30,300.00
Market Cap
ZAC 13.96 Tril
Volume/Avg
1.7 Mil / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
9.36
Price/Sales
2.20
Dividend Yield (Trailing)
6.54%
Dividend Yield (Forward)
6.38%
Total Yield
6.64%

Company Profile

Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Retail and Business Banking, Nedbank Wealth, Nedbank Africa Regions, and Centre.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
26,368

Comparables

Valuation

Metric
NED
INL
ABG
Price/Earnings (Normalized)
9.3623.047.57
Price/Book Value
1.321.040.99
Price/Sales
2.202.511.40
Price/Cash Flow
4.806.114.45
Price/Earnings
NED
INL
ABG

Financial Strength

Metric
NED
INL
ABG
Quick Ratio
Current Ratio
Interest Coverage
Quick Ratio
No chart available

Profitability

Metric
NED
INL
ABG
Return on Assets (Normalized)
1.23%1.31%1.02%
Return on Equity (Normalized)
15.20%16.87%13.47%
Return on Invested Capital (Normalized)
Return on Assets
NED
INL
ABG

Banks - Regional Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BNP Paribas ADR
BNPQY
NnbjslkmtDglft$79.9 Bil
Intesa Sanpaolo ADR
ISNPY
MsfrgtgywZlk$77.2 Bil
PNC Financial Services Group Inc
PNC
WglfctmxLkvfxv$72.8 Bil
U.S. Bancorp
USB
MspvmlxrvVdd$71.0 Bil
Itau Unibanco Holding SA ADR
ITUB
BlpnqqcmCvd$61.8 Bil
Truist Financial Corp
TFC
QlrhfvrqGrddhf$56.9 Bil
Mizuho Financial Group Inc ADR
MFG
TjmvvhcDgrf$49.2 Bil
Lloyds Banking Group PLC ADR
LYG
QpmddcfhJsvgc$49.0 Bil
NatWest Group PLC ADR
NWG
StgyqydwNyqg$38.5 Bil
Deutsche Bank AG
DB
HvcBcvyk$33.9 Bil

Sponsor Center