AU6 Stock Overview
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
Absa Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R13.00 |
| 52 Week High | R18.60 |
| 52 Week Low | R13.00 |
| Beta | 0.90 |
| 1 Month Change | -7.14% |
| 3 Month Change | -10.96% |
| 1 Year Change | -20.73% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -29.73% |
Recent News & Updates
Recent updates
Shareholder Returns
| AU6 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -9.1% | 0.5% | -1.5% |
| 1Y | -20.7% | 23.5% | 0.9% |
Return vs Industry: AU6 underperformed the German Banks industry which returned 21.1% over the past year.
Return vs Market: AU6 underperformed the German Market which returned -0.4% over the past year.
Price Volatility
| AU6 volatility | |
|---|---|
| AU6 Average Weekly Movement | 3.7% |
| Banks Industry Average Movement | 3.3% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 10.0% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: AU6 has not had significant price volatility in the past 3 months.
Volatility Over Time: AU6's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 37,107 | Arrie Rautenbach | www.absa.africa |
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services. In addition, it offers insurance and financial advisory, stockbroking and portfolio management, and trust administrative services, as well as operates a digital advice platform and a direct sales service center.
Absa Group Limited Fundamentals Summary
| AU6 fundamental statistics | |
|---|---|
| Market cap | €5.64b |
| Earnings (TTM) | €975.77m |
| Revenue (TTM) | €4.37b |
5.8x
P/E Ratio0.8x
P/B RatioIs AU6 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AU6 income statement (TTM) | |
|---|---|
| Revenue | R89.11b |
| Cost of Revenue | R424.00m |
| Gross Profit | R88.68b |
| Other Expenses | R68.79b |
| Earnings | R19.89b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Aug 19, 2024
| Earnings per share (EPS) | 23.99 |
| Gross Margin | 99.52% |
| Net Profit Margin | 22.32% |
| Debt/Equity Ratio | 219.0% |
How did AU6 perform over the long term?
See historical performance and comparisonDividends
9.9%
Current Dividend Yield57%
Payout RatioDoes AU6 pay a reliable dividends?
See AU6 dividend history and benchmarks| Absa Group dividend dates | |
|---|---|
| Ex Dividend Date | Apr 18 2024 |
| Dividend Pay Date | May 02 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 13 days |
Does AU6 pay a reliable dividends?
See AU6 dividend history and benchmarks