company background image
AU61 logo

Absa Group DB:AU61 Stock Report

Last Price

€6.70

Market Cap

€5.6b

7D

-8.8%

1Y

-23.9%

Updated

18 Apr, 2024

Data

Company Financials +

AU61 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.

AU61 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance2/6
Financial Health4/6
Dividends5/6

Absa Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absa Group
Historical stock prices
Current Share PriceR6.70
52 Week HighR9.55
52 Week LowR6.70
Beta0.90
1 Month Change-6.94%
3 Month Change-10.67%
1 Year Change-23.86%
3 Year Change-4.29%
5 Year Change-31.25%
Change since IPO-41.94%

Recent News & Updates

Recent updates

Shareholder Returns

AU61DE BanksDE Market
7D-8.8%0.5%-1.5%
1Y-23.9%23.5%0.9%

Return vs Industry: AU61 underperformed the German Banks industry which returned 21.1% over the past year.

Return vs Market: AU61 underperformed the German Market which returned -0.4% over the past year.

Price Volatility

Is AU61's price volatile compared to industry and market?
AU61 volatility
AU61 Average Weekly Movement4.1%
Banks Industry Average Movement3.3%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.0%
10% least volatile stocks in DE Market2.4%

Stable Share Price: AU61 has not had significant price volatility in the past 3 months.

Volatility Over Time: AU61's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198637,107Arrie Rautenbachwww.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

How do Absa Group's earnings and revenue compare to its market cap?
AU61 fundamental statistics
Market cap€5.64b
Earnings (TTM)€975.77m
Revenue (TTM)€4.37b

5.8x

P/E Ratio

0.8x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AU61 income statement (TTM)
RevenueR89.11b
Cost of RevenueR424.00m
Gross ProfitR88.68b
Other ExpensesR68.79b
EarningsR19.89b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 19, 2024

Earnings per share (EPS)23.99
Gross Margin99.52%
Net Profit Margin22.32%
Debt/Equity Ratio219.0%

How did AU61 perform over the long term?

See historical performance and comparison

Dividends

9.9%

Current Dividend Yield

57%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.