Absa Group Ltd ABG

Morningstar Rating
ZAC 17,815.00 +42.00 (0.24%)
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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

ABG is trading within a range we consider fairly valued.
Price
ZAR 177.41
Fair Value
ZAR 531.71
Uncertainty
Very High
1-Star Price
ZAR 427.13
5-Star Price
ZAR 155.46
Economic Moat
Cyx
Capital Allocation

Trading Information

Previous Close Price
ZAC 17,773.00
Day Range
ZAC 17,550.0017,822.00
52-Week Range
ZAC 13,683.0018,626.00
Bid/Ask
ZAC 17,400.00 / ZAC 17,955.00
Market Cap
ZAC 14.76 Tril
Volume/Avg
1.5 Mil / 3.4 Mil

Key Statistics

Price/Earnings (Normalized)
7.57
Price/Sales
1.40
Dividend Yield (Trailing)
7.69%
Dividend Yield (Forward)
7.69%
Total Yield
7.69%

Company Profile

Absa Group Ltd is a financial services company that has five main business segments: Product Solutions Cluster, Everyday Banking, Relationship Banking, Absa Regional Operations RBB (ARO RBB), CIB, & Head Office, Treasury, and other operations. The majority is from the Corporate and Investment Bank (CIB) segment which includes prioritized new-to-bank clients across key growth and priority sectors. CIB continued to up-sell and cross-sell new products and services to existing clients. Geographically, the majority is from South Africa.
Sector
Financial Services
Industry
Banks - Regional
Stock Style Box
Mid Value
Total Number of Employees
37,107

Comparables

Valuation

Metric
ABG
INL
NED
Price/Earnings (Normalized)
7.5723.049.36
Price/Book Value
0.991.041.32
Price/Sales
1.402.512.20
Price/Cash Flow
4.456.114.80
Price/Earnings
ABG
INL
NED

Financial Strength

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

Profitability

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

Banks - Regional Industry Comparables

1-Day Chart
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Market Cap
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Deutsche Bank AG
DB
TtwCypl$33.9 Bil

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