NED Stock Overview
Provides various wholesale and retail banking services in South Africa and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Nedbank Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R284.63 |
| 52 Week High | R310.49 |
| 52 Week Low | R206.19 |
| Beta | 1.18 |
| 1 Month Change | -3.48% |
| 3 Month Change | -5.51% |
| 1 Year Change | 35.34% |
| 3 Year Change | 64.89% |
| 5 Year Change | 30.33% |
| Change since IPO | 1,724.57% |
Recent News & Updates
Shareholder Returns
| NED | ZA Banks | ZA Market | |
|---|---|---|---|
| 7D | -2.4% | -2.9% | -2.7% |
| 1Y | 35.3% | 30.4% | 11.4% |
Return vs Industry: NED exceeded the ZA Banks industry which returned 30.4% over the past year.
Return vs Market: NED exceeded the ZA Market which returned 11.4% over the past year.
Price Volatility
| NED volatility | |
|---|---|
| NED Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 3.0% |
| Market Average Movement | 4.2% |
| 10% most volatile stocks in ZA Market | 9.0% |
| 10% least volatile stocks in ZA Market | 2.5% |
Stable Share Price: NED has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: NED's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1831 | 25,883 | Jason Paul Quinn | www.nedbank.co.za |
Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including bank accounts; advisory, management, and stockbroking investment services; personal, home, and student loans; overdrafts, vehicle and solar finance, short-term loans, and credit cards; life, funeral, short term, credit, travel, and business insurance; and share trading, financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth solutions. The company also provides business banking services, such as business accounts; overdraft, small business credit card, invoice discounting, vehicle and equipment finance, property finance, and term-loans; investment solutions; card and cash solutions; cash handling; merchant services; global trade solutions; agriculture, construction, engineering, property, key man, buy-sell, commercial vehicle, general, and specialty insurance; and industry specific solutions.
Nedbank Group Limited Fundamentals Summary
| NED fundamental statistics | |
|---|---|
| Market cap | R132.93b |
| Earnings (TTM) | R15.90b |
| Revenue (TTM) | R62.89b |
8.4x
P/E Ratio1.2x
P/B RatioIs NED overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NED income statement (TTM) | |
|---|---|
| Revenue | R62.89b |
| Cost of Revenue | R0 |
| Gross Profit | R62.89b |
| Other Expenses | R46.99b |
| Earnings | R15.90b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Mar 04, 2025
| Earnings per share (EPS) | 34.04 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.28% |
| Debt/Equity Ratio | 48.9% |
How did NED perform over the long term?
See historical performance and comparisonDividends
7.0%
Current Dividend Yield58%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 13:11 |
| End of Day Share Price | 2024/12/20 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 |
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| 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
Nedbank 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 |
|---|---|
| Harry Botha | Anchor Stockbrokers Proprietary Limited |
| Jaap Meijer | Arqaam Capital Research Offshore S.A.L. |
| Adrienne Damant | Avior Capital Markets |