ASN504 Stock Overview
Provides retail and business banking, corporate and investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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Absa Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R698.71 |
| 52 Week High | R0 |
| 52 Week Low | R0 |
| Beta | 0.97 |
| 1 Month Change | n/a |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -0.45% |
Recent News & Updates
Recent updates
Shareholder Returns
| ASN504 | ZA Banks | ZA Market | |
|---|---|---|---|
| 7D | -0.5% | 1.8% | 0.9% |
| 1Y | n/a | 27.8% | 16.5% |
Return vs Industry: Insufficient data to determine how ASN504 performed against the ZA Banks industry.
Return vs Market: Insufficient data to determine how ASN504 performed against the ZA Market.
Price Volatility
| ASN504 volatility | |
|---|---|
| ASN504 Average Weekly Movement | n/a |
| Banks Industry Average Movement | 4.3% |
| Market Average Movement | 5.3% |
| 10% most volatile stocks in ZA Market | 11.0% |
| 10% least volatile stocks in ZA Market | 3.4% |
Stable Share Price: ASN504 has not had significant price volatility in the past 3 months.
Volatility Over Time: Insufficient data to determine ASN504's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1986 | 35,451 | 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; 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
| ASN504 fundamental statistics | |
|---|---|
| Market cap | R152.67b |
| Earnings (TTM) | R20.56b |
| Revenue (TTM) | R85.11b |
7.5x
P/E Ratio1.1x
P/B RatioIs ASN504 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ASN504 income statement (TTM) | |
|---|---|
| Revenue | R85.11b |
| Cost of Revenue | R299.00m |
| Gross Profit | R84.81b |
| Other Expenses | R64.26b |
| Earnings | R20.56b |
Last Reported Earnings
Dec 31, 2022
Next Earnings Date
Aug 14, 2023
| Earnings per share (EPS) | 24.85 |
| Gross Margin | 99.65% |
| Net Profit Margin | 24.15% |
| Debt/Equity Ratio | 247.6% |
How did ASN504 perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield52%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/04/04 05:06 |
| End of Day Share Price | 2023/04/04 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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.
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 Github.
Analyst Sources
Absa Group Limited is covered by 20 analysts. 9 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. |
| Ilan Stermer | Anchor Stockbrokers Proprietary Limited |
| Harry Botha | Anchor Stockbrokers Proprietary Limited |