Nedbank Group Ltd NED

Morningstar Rating
ZAC29,808.00 +322.00 (1.09%)
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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 LOCK|F@Tc$ premium.
Price
ZAR 296.76
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
LOCK|TbM
Capital Allocation
—

Trading Information

Previous Close Price
ZAC29,486.00
Day Range
ZAC29,547.00–30,298.00
52-Week Range
ZAC24,775.00–31,839.00
Bid/Ask
ZAC29,300.00 / ZAC30,300.00
Shares Outstanding
500.54M
Market Cap
ZAC14.92T
Volume/Avg
2M / 2M

Key Statistics

Price/Earnings (Normalized)
12.20
Price/Sales
1.96
Dividend Yield (Trailing)
7.27%
Dividend Yield (Forward)
7.27%
Dividend Payment Schedule
Apr, Aug
Total Yield
9.36%

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 Business and Commercial Banking, Nedbank Personal and Private Banking and Nedbank Africa Regions.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
25,731

Valuation

Metric
NED
Price/Earnings (Normalized)
12.20
Price/Book Value
1.16
Price/Sales
1.96
Price/Cash Flow
4.53
Price/Earnings
NED

Financial Strength

Metric
NED
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
NED
Return on Assets (Normalized)
1.11%
Return on Equity (Normalized)
14.98%
Return on Invested Capital (Normalized)
—
Return on Assets
NED

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