Nedbank Group Ltd NED

Morningstar Rating
ZAC 30,461.00 −343.00 (1.11%)
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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 22% premium.
Price
ZAR 303.38
Fair Value
ZAR 552.87
Uncertainty
High
1-Star Price
ZAR 892.36
5-Star Price
ZAR 242.93
Economic Moat
Vfvy
Capital Allocation

Trading Information

Previous Close Price
ZAC 30,804.00
Day Range
ZAC 30,394.0030,881.00
52-Week Range
ZAC 19,400.0031,049.00
Bid/Ask
ZAC 30,202.00 / ZAC 31,100.00
Market Cap
ZAC 14.23 Tril
Volume/Avg
860,865 / 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
CGP
Price/Earnings (Normalized)
9.3623.045.60
Price/Book Value
1.321.041.01
Price/Sales
2.202.511.85
Price/Cash Flow
4.806.114.09
Price/Earnings
NED
INL
CGP

Financial Strength

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

Profitability

Metric
NED
INL
CGP
Return on Assets (Normalized)
1.23%1.31%2.43%
Return on Equity (Normalized)
15.20%16.87%17.95%
Return on Invested Capital (Normalized)
Return on Assets
NED
INL
CGP

Banks - Regional Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LYG
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Deutsche Bank AG
DB
KwjkHbjg$33.9 Bil

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