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Absa Group JSE:ABG Stock Report

Last Price

R166.46

Market Cap

R145.9b

7D

0.1%

1Y

-15.0%

Updated

23 Feb, 2024

Data

Company Financials +

ABG 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.

ABG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health4/6
Dividends4/6

Absa Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Absa Group
Historical stock prices
Current Share PriceR166.46
52 Week HighR204.23
52 Week LowR150.70
Beta0.93
1 Month Change4.72%
3 Month Change-6.10%
1 Year Change-15.02%
3 Year Change37.18%
5 Year Change-5.85%
Change since IPO1,564.60%

Recent News & Updates

Recent updates

Shareholder Returns

ABGZA BanksZA Market
7D0.1%-0.1%0.08%
1Y-15.0%6.1%-4.1%

Return vs Industry: ABG underperformed the ZA Banks industry which returned 4.6% over the past year.

Return vs Market: ABG underperformed the ZA Market which returned -5.5% over the past year.

Price Volatility

Is ABG's price volatile compared to industry and market?
ABG volatility
ABG Average Weekly Movement3.3%
Banks Industry Average Movement3.1%
Market Average Movement4.6%
10% most volatile stocks in ZA Market9.8%
10% least volatile stocks in ZA Market2.9%

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

Volatility Over Time: ABG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a35,451Arrie Rautenbachhttps://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; residential property-related finance solutions; vehicle and asset finance products and services; credit cards; personal loans; corporate, relationship and transactional banking services; and savings and investment products and services. The company also provides life insurance products, including death, disability and retrenchment, funeral, and life wrapped investment products; non-life insurance products, such as motor, medical, and workman’s compensation; and short-term insurance and other related insurance products.

Absa Group Limited Fundamentals Summary

How do Absa Group's earnings and revenue compare to its market cap?
ABG fundamental statistics
Market capR145.85b
Earnings (TTM)R20.96b
Revenue (TTM)R87.97b

7.0x

P/E Ratio

1.0x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABG income statement (TTM)
RevenueR87.97b
Cost of RevenueR299.00m
Gross ProfitR87.67b
Other ExpensesR66.71b
EarningsR20.96b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

Mar 11, 2024

Earnings per share (EPS)23.92
Gross Margin99.66%
Net Profit Margin23.83%
Debt/Equity Ratio185.5%

How did ABG perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

53%

Payout Ratio
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