ANZ Stock Overview
Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia and internationally.
Australia and New Zealand Banking Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$23.90|
|52 Week High||AU$29.55|
|52 Week Low||AU$20.95|
|1 Month Change||6.55%|
|3 Month Change||-5.87%|
|1 Year Change||-19.06%|
|3 Year Change||-9.44%|
|5 Year Change||-20.36%|
|Change since IPO||297.01%|
Recent News & Updates
|ANZ||AU Banks||AU Market|
Return vs Industry: ANZ underperformed the Australian Banks industry which returned -6.6% over the past year.
Return vs Market: ANZ underperformed the Australian Market which returned -8.8% over the past year.
|ANZ Average Weekly Movement||3.4%|
|Banks Industry Average Movement||3.6%|
|Market Average Movement||10.6%|
|10% most volatile stocks in AU Market||18.0%|
|10% least volatile stocks in AU Market||4.6%|
Stable Share Price: ANZ is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ANZ's weekly volatility (3%) has been stable over the past year.
About the Company
Australia and New Zealand Banking Group Limited provides various banking and financial products and services in Australia and internationally. Its Australia Retail and Commercial division offers various products and services to consumer customers through the branch network, mortgage specialists, contact centers, self-service channels, and third-party brokers, as well as financial planning services. It also provides asset financing for medium to large commercial customers, agribusiness customers, small business owners, high net worth individuals, and family groups.
Australia and New Zealand Banking Group Fundamentals Summary
|ANZ fundamental statistics|
Is ANZ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ANZ income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Oct 27, 2022
|Earnings per share (EPS)||2.34|
|Net Profit Margin||35.56%|
How did ANZ perform over the long term?See historical performance and comparison
6.0%Current Dividend Yield
Is ANZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ANZ?
Other financial metrics that can be useful for relative valuation.
|What is ANZ's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ANZ's PE Ratio compare to its peers?
|ANZ PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WBC Westpac Banking
NAB National Australia Bank
CBA Commonwealth Bank of Australia
BFL BSP Financial Group
ANZ Australia and New Zealand Banking Group
Price-To-Earnings vs Peers: ANZ is good value based on its Price-To-Earnings Ratio (10.2x) compared to the peer average (13x).
Price to Earnings Ratio vs Industry
How does ANZ's PE Ratio compare vs other companies in the Global Banks Industry?
Price-To-Earnings vs Industry: ANZ is expensive based on its Price-To-Earnings Ratio (10.2x) compared to the Global Banks industry average (9.3x)
Price to Earnings Ratio vs Fair Ratio
What is ANZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.2x|
|Fair PE Ratio||13.6x|
Price-To-Earnings vs Fair Ratio: ANZ is good value based on its Price-To-Earnings Ratio (10.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).
Share Price vs Fair Value
What is the Fair Price of ANZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ANZ (A$23.9) is trading below our estimate of fair value (A$40.62)
Significantly Below Fair Value: ANZ is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Australia and New Zealand Banking Group forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ANZ's forecast earnings growth (6.5% per year) is above the savings rate (1.8%).
Earnings vs Market: ANZ's earnings (6.5% per year) are forecast to grow faster than the Australian market (6.2% per year).
High Growth Earnings: ANZ's earnings are forecast to grow, but not significantly.
Revenue vs Market: ANZ's revenue (6.8% per year) is forecast to grow faster than the Australian market (6% per year).
High Growth Revenue: ANZ's revenue (6.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ANZ's Return on Equity is forecast to be low in 3 years time (10.3%).
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How has Australia and New Zealand Banking Group performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ANZ has high quality earnings.
Growing Profit Margin: ANZ's current net profit margins (35.6%) are higher than last year (30.2%).
Past Earnings Growth Analysis
Earnings Trend: ANZ's earnings have declined by 4.6% per year over the past 5 years.
Accelerating Growth: ANZ's earnings growth over the past year (35.5%) exceeds its 5-year average (-4.6% per year).
Earnings vs Industry: ANZ earnings growth over the past year (35.5%) exceeded the Banks industry 16.5%.
Return on Equity
High ROE: ANZ's Return on Equity (11%) is considered low.
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How is Australia and New Zealand Banking Group's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: ANZ's Assets to Equity ratio (16.5x) is moderate.
Allowance for Bad Loans: ANZ has a sufficient allowance for bad loans (208%).
Low Risk Liabilities: 78% of ANZ's liabilities are made up of primarily low risk sources of funding.
Loan Level: ANZ has an appropriate level of Loans to Assets ratio (64%).
Low Risk Deposits: ANZ's Loans to Deposits ratio (87%) is appropriate.
Level of Bad Loans: ANZ has an appropriate level of bad loans (0.3%).
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What is Australia and New Zealand Banking Group current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ANZ's dividend (6.03%) is higher than the bottom 25% of dividend payers in the Australian market (2.65%).
High Dividend: ANZ's dividend (6.03%) is low compared to the top 25% of dividend payers in the Australian market (6.33%).
Stability and Growth of Payments
Stable Dividend: ANZ's dividend payments have been volatile in the past 10 years.
Growing Dividend: ANZ's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), ANZ's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ANZ's dividends in 3 years are forecast to be covered by earnings (65.9% payout ratio).
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shayne Elliott (58 yo)
Mr. Shayne Cary Elliott, B.Com has been Chief Executive Officer and Executive Director of Australia and New Zealand Banking Group Limited since January 1, 2016 and served as its Member of Management Board....
CEO Compensation Analysis
Compensation vs Market: Shayne's total compensation ($USD3.88M) is about average for companies of similar size in the Australian market ($USD4.07M).
Compensation vs Earnings: Shayne's compensation has been consistent with company performance over the past year.
Experienced Management: ANZ's management team is considered experienced (4.4 years average tenure).
Experienced Board: ANZ's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ANZ insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Australia and New Zealand Banking Group Limited's employee growth, exchange listings and data sources
- Name: Australia and New Zealand Banking Group Limited
- Ticker: ANZ
- Exchange: ASX
- Founded: 1835
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: AU$69.031b
- Shares outstanding: 2.89b
- Website: https://www.anz.com.au
Number of Employees
- Australia and New Zealand Banking Group Limited
- ANZ Centre Melbourne
- Level 9
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/11 00:00|
|End of Day Share Price||2022/08/11 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.