AU6 Stock Overview
Provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 5/6 |
My Notes
Capture your thoughts, links and company narrative
Absa Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R19.70 |
| 52 Week High | R21.20 |
| 52 Week Low | R12.90 |
| Beta | 0.95 |
| 1 Month Change | 14.53% |
| 3 Month Change | 14.53% |
| 1 Year Change | 31.33% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 6.49% |
Recent News & Updates
Recent updates
Shareholder Returns
| AU6 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -7.1% | -1.0% | -2.6% |
| 1Y | 31.3% | 20.4% | 7.1% |
Return vs Industry: AU6 exceeded the German Banks industry which returned 21.4% over the past year.
Return vs Market: AU6 exceeded the German Market which returned 8% over the past year.
Price Volatility
| AU6 volatility | |
|---|---|
| AU6 Average Weekly Movement | 4.6% |
| Banks Industry Average Movement | 3.1% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in DE Market | 11.6% |
| 10% least volatile stocks in DE Market | 2.5% |
Stable Share Price: AU6 has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: AU6's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 37,082 | Charles Russon | 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 | €8.36b |
| Earnings (TTM) | €992.46m |
| Revenue (TTM) | €4.76b |
8.4x
P/E Ratio1.0x
P/B RatioIs AU6 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AU6 income statement (TTM) | |
|---|---|
| Revenue | R90.87b |
| Cost of Revenue | R424.00m |
| Gross Profit | R90.44b |
| Other Expenses | R71.50b |
| Earnings | R18.94b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Mar 11, 2025
| Earnings per share (EPS) | 22.86 |
| Gross Margin | 99.53% |
| Net Profit Margin | 20.85% |
| Debt/Equity Ratio | 190.3% |
How did AU6 perform over the long term?
See historical performance and comparisonDividends
7.1%
Current Dividend Yield60%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 16:57 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Absa Group Limited is covered by 21 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Johann Scholtz | Afrifocus Securities (Pty) Ltd. |
| Harry Botha | Anchor Stockbrokers Proprietary Limited |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |