Nedbank Group Limited Logo

Nedbank Group Limited

NED.JO

(3.0)
Stock Price

29.319,00 ZAc

0.6% ROA

29.1% ROE

13.62x PER

Market Cap.

100.657.693.282,00 ZAc

42.94% DER

0.08% Yield

11.57% NPM

Nedbank Group Limited Stock Analysis

Nedbank Group Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nedbank Group Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.87x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (43%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

ROE in an average range (8.88%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (0.6%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

8 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

9 Dividend Growth

The company's dividend growth has shown a positive trajectory over the past three years, consistently increasing year after year, indicating a favorable trend for potential investors.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Buffet Intrinsic Value

The company's stock appears overvalued (1.236) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Nedbank Group Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nedbank Group Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nedbank Group Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nedbank Group Limited Revenue
Year Revenue Growth
2002 5.955.000.000
2003 11.282.000.000 47.22%
2004 13.976.000.000 19.28%
2005 15.949.000.000 12.37%
2006 18.948.000.000 15.83%
2007 22.428.000.000 15.52%
2008 22.077.000.000 -1.59%
2009 21.578.000.000 -2.31%
2010 23.635.000.000 8.7%
2011 28.115.000.000 15.93%
2012 34.980.000.000 19.63%
2013 38.320.000.000 8.72%
2014 41.151.000.000 6.88%
2015 43.040.000.000 4.39%
2016 46.933.000.000 8.29%
2017 48.588.000.000 3.41%
2018 51.002.000.000 4.73%
2019 52.185.000.000 2.27%
2020 50.378.000.000 -3.59%
2021 53.716.000.000 6.21%
2022 63.578.000.000 15.51%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nedbank Group Limited Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nedbank Group Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 9.950.000.000 100%
2004 11.111.000.000 10.45%
2005 10.609.000.000 -4.73%
2006 11.740.000.000 9.63%
2007 13.341.000.000 12%
2008 13.547.000.000 1.52%
2009 14.974.000.000 9.53%
2010 0 0%
2011 6.887.000.000 100%
2012 2.461.000.000 -179.85%
2013 2.720.000.000 9.52%
2014 132.000.000 -1960.61%
2015 208.000.000 36.54%
2016 187.000.000 -11.23%
2017 196.000.000 4.59%
2018 195.000.000 -0.51%
2019 171.000.000 -14.04%
2020 255.000.000 32.94%
2021 298.000.000 14.43%
2022 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nedbank Group Limited EBITDA
Year EBITDA Growth
2002 18.730.000.000
2003 19.999.000.000 6.35%
2004 17.596.000.000 -13.66%
2005 17.862.000.000 1.49%
2006 20.686.000.000 13.65%
2007 36.839.000.000 43.85%
2008 50.688.000.000 27.32%
2009 42.079.000.000 -20.46%
2010 34.269.000.000 -22.79%
2011 34.921.000.000 1.87%
2012 35.694.000.000 2.17%
2013 36.812.000.000 3.04%
2014 44.910.000.000 18.03%
2015 52.825.000.000 14.98%
2016 63.613.000.000 16.96%
2017 66.383.000.000 4.17%
2018 68.395.000.000 2.94%
2019 20.274.000.000 -237.35%
2020 10.203.000.000 -98.71%
2021 20.341.000.000 49.84%
2022 67.311.000.000 69.78%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nedbank Group Limited Gross Profit
Year Gross Profit Growth
2002 5.955.000.000
2003 11.282.000.000 47.22%
2004 13.976.000.000 19.28%
2005 15.949.000.000 12.37%
2006 18.948.000.000 15.83%
2007 22.428.000.000 15.52%
2008 22.077.000.000 -1.59%
2009 21.578.000.000 -2.31%
2010 23.635.000.000 8.7%
2011 28.115.000.000 15.93%
2012 34.980.000.000 19.63%
2013 38.320.000.000 8.72%
2014 41.151.000.000 6.88%
2015 43.040.000.000 4.39%
2016 46.933.000.000 8.29%
2017 48.588.000.000 3.41%
2018 51.002.000.000 4.73%
2019 52.185.000.000 2.27%
2020 50.378.000.000 -3.59%
2021 53.716.000.000 6.21%
2022 63.578.000.000 15.51%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nedbank Group Limited Net Profit
Year Net Profit Growth
2002 1.078.000.000
2003 -1.334.000.000 180.81%
2004 1.338.000.000 199.7%
2005 4.297.000.000 68.86%
2006 5.061.000.000 15.1%
2007 6.641.000.000 23.79%
2008 7.004.000.000 5.18%
2009 5.412.000.000 -29.42%
2010 5.136.000.000 -5.37%
2011 6.503.000.000 21.02%
2012 7.769.000.000 16.3%
2013 8.929.000.000 12.99%
2014 10.119.000.000 11.76%
2015 11.092.000.000 8.77%
2016 10.571.000.000 -4.93%
2017 12.211.000.000 13.43%
2018 13.966.000.000 12.57%
2019 12.792.000.000 -9.18%
2020 4.399.000.000 -190.79%
2021 12.288.000.000 64.2%
2022 15.418.000.000 20.3%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nedbank Group Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 3
2003 -5 175%
2004 4 200%
2005 10 55.56%
2006 11 18.18%
2007 15 26.67%
2008 16 0%
2009 11 -36.36%
2010 11 -10%
2011 14 23.08%
2012 16 18.75%
2013 19 11.11%
2014 21 14.29%
2015 23 4.55%
2016 21 -4.76%
2017 24 12.5%
2018 29 14.29%
2019 27 -7.69%
2020 7 -271.43%
2021 23 69.57%
2022 32 25.81%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nedbank Group Limited Free Cashflow
Year Free Cashflow Growth
2002 16.948.000.000
2003 19.124.000.000 11.38%
2004 16.795.000.000 -13.87%
2005 5.827.000.000 -188.23%
2006 3.508.000.000 -66.11%
2007 -1.696.000.000 306.84%
2008 103.000.000 1746.6%
2009 -4.574.000.000 102.25%
2010 -1.700.000.000 -169.06%
2011 7.166.000.000 123.72%
2012 7.195.000.000 0.4%
2013 12.156.000.000 40.81%
2014 3.335.000.000 -264.5%
2015 1.586.000.000 -110.28%
2016 443.000.000 -258.01%
2017 -85.000.000 621.18%
2018 5.671.000.000 101.5%
2019 10.087.000.000 43.78%
2020 9.019.000.000 -11.84%
2021 8.684.000.000 -3.86%
2022 3.919.500.000 -121.56%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nedbank Group Limited Operating Cashflow
Year Operating Cashflow Growth
2002 18.892.000.000
2003 20.131.000.000 6.15%
2004 17.743.000.000 -13.46%
2005 6.577.000.000 -169.77%
2006 4.605.000.000 -42.82%
2007 -657.000.000 800.91%
2008 1.650.000.000 139.82%
2009 -2.006.000.000 182.25%
2010 304.000.000 759.87%
2011 8.863.000.000 96.57%
2012 8.943.000.000 0.89%
2013 12.156.000.000 26.43%
2014 5.818.000.000 -108.94%
2015 4.453.000.000 -30.65%
2016 4.289.000.000 -3.82%
2017 3.214.000.000 -33.45%
2018 9.921.000.000 67.6%
2019 14.778.000.000 32.87%
2020 13.332.000.000 -10.85%
2021 12.139.000.000 -9.83%
2022 4.713.500.000 -157.54%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nedbank Group Limited Capital Expenditure
Year Capital Expenditure Growth
2002 1.944.000.000
2003 1.007.000.000 -93.05%
2004 948.000.000 -6.22%
2005 750.000.000 -26.4%
2006 1.097.000.000 31.63%
2007 1.039.000.000 -5.58%
2008 1.547.000.000 32.84%
2009 2.568.000.000 39.76%
2010 2.004.000.000 -28.14%
2011 1.697.000.000 -18.09%
2012 1.748.000.000 2.92%
2013 0 0%
2014 2.483.000.000 100%
2015 2.867.000.000 13.39%
2016 3.846.000.000 25.46%
2017 3.299.000.000 -16.58%
2018 4.250.000.000 22.38%
2019 4.691.000.000 9.4%
2020 4.313.000.000 -8.76%
2021 3.455.000.000 -24.83%
2022 794.000.000 -335.14%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nedbank Group Limited Equity
Year Equity Growth
2002 19.536.000.000
2003 15.101.000.000 -29.37%
2004 21.586.000.000 30.04%
2005 26.309.000.000 17.95%
2006 29.388.000.000 10.48%
2007 35.125.000.000 16.33%
2008 40.073.000.000 12.35%
2009 44.984.000.000 10.92%
2010 47.814.000.000 5.92%
2011 52.685.000.000 9.25%
2012 57.730.000.000 8.74%
2013 64.336.000.000 10.27%
2014 70.911.000.000 9.27%
2015 78.751.000.000 9.96%
2016 81.711.000.000 3.62%
2017 88.539.000.000 7.71%
2018 91.271.000.000 2.99%
2019 98.449.000.000 7.29%
2020 100.444.000.000 1.99%
2021 109.511.000.000 8.28%
2022 115.896.000.000 5.51%
2023 116.871.000.000 0.83%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nedbank Group Limited Assets
Year Assets Growth
2002 324.767.000.000
2003 312.584.000.000 -3.9%
2004 327.238.000.000 4.48%
2005 352.258.000.000 7.1%
2006 424.912.000.000 17.1%
2007 488.856.000.000 13.08%
2008 567.023.000.000 13.79%
2009 570.703.000.000 0.64%
2010 608.718.000.000 6.25%
2011 648.127.000.000 6.08%
2012 682.979.000.000 5.1%
2013 749.594.000.000 8.89%
2014 809.313.000.000 7.38%
2015 925.726.000.000 12.58%
2016 966.022.000.000 4.17%
2017 983.314.000.000 1.76%
2018 1.043.912.000.000 5.8%
2019 1.143.349.000.000 8.7%
2020 1.228.137.000.000 6.9%
2021 1.221.054.000.000 -0.58%
2022 1.252.971.000.000 2.55%
2023 1.306.747.000.000 4.12%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nedbank Group Limited Liabilities
Year Liabilities Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 30.298.000.000 100%
2013 33.268.000.000 8.93%
2014 738.402.000.000 95.49%
2015 846.975.000.000 12.82%
2016 884.311.000.000 4.22%
2017 894.775.000.000 1.17%
2018 952.641.000.000 6.07%
2019 1.044.900.000.000 8.83%
2020 1.127.693.000.000 7.34%
2021 1.111.543.000.000 -1.45%
2022 1.137.075.000.000 2.25%
2023 49.870.000.000 -2180.08%

Nedbank Group Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
65.53
Net Income per Share
15.89
Price to Earning Ratio
13.62x
Price To Sales Ratio
3.17x
POCF Ratio
11.14
PFCF Ratio
12.84
Price to Book Ratio
0.9
EV to Sales
3.33
EV Over EBITDA
3.15
EV to Operating CashFlow
11.23
EV to FreeCashFlow
13.51
Earnings Yield
0.07
FreeCashFlow Yield
0.08
Market Cap
100,66 Bil.
Enterprise Value
105,89 Bil.
Graham Number
292.59
Graham NetNet
-10.78

Income Statement Metrics

Net Income per Share
15.89
Income Quality
0.95
ROE
0.09
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
0.77
EBT Per Ebit
1.03
Ebit per Revenue
0.15
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.79
Operating Profit Margin
0.15
Pretax Profit Margin
0.15
Net Profit Margin
0.12

Dividends

Dividend Yield
0
Dividend Yield %
0.08
Payout Ratio
0.51
Dividend Per Share
17.37

Operating Metrics

Operating Cashflow per Share
19.43
Free CashFlow per Share
16.16
Capex to Operating CashFlow
-0.17
Capex to Revenue
-0.05
Capex to Depreciation
0
Return on Invested Capital
0.16
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-3.27

Balance Sheet

Cash per Share
92,03
Book Value per Share
239,41
Tangible Book Value per Share
2591.11
Shareholders Equity per Share
239.41
Interest Debt per Share
152.01
Debt to Equity
0.43
Debt to Assets
0.04
Net Debt to EBITDA
0.16
Current Ratio
0
Tangible Asset Value
1.244,47 Bil.
Net Current Asset Value
-5,23 Bil.
Invested Capital
0.43
Working Capital
44,64 Bil.
Intangibles to Total Assets
0.01
Average Receivables
4,32 Bil.
Average Payables
5,11 Bil.
Average Inventory
0
Debt to Market Cap
0.5

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nedbank Group Limited Dividends
Year Dividends Growth
2000 352
2001 430 18.14%
2002 539 20.22%
2003 515 -4.66%
2004 79 -551.9%
2005 181 56.35%
2006 394 54.06%
2007 594 33.67%
2008 660 10%
2009 520 -26.92%
2010 442 -17.65%
2011 533 17.07%
2012 680 21.62%
2013 802 15.21%
2014 965 16.89%
2015 1.105 12.67%
2016 1.140 3.07%
2017 1.240 8.06%
2018 1.370 9.49%
2019 1.440 4.86%
2020 695 -107.19%
2021 433 -60.51%
2022 1.541 71.9%
2023 1.737 11.28%

Nedbank Group Limited Profile

About Nedbank Group Limited

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 savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, short term loans, and credit cards; and investment plans and services, financial, and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services. The company also provides business banking services, such as business accounts; call, fixed, and flexi deposits; loans and structured solutions; property, asset, and vehicle finance products; value added services; card and cash solutions; treasury solutions; cash management, electronic banking, and merchant payment and support services; life, asset, income and credit protection, funeral, business cover, liability cover, revenue cover, and owners' insurance products; asset management services; and commodities, equities, fixed income, and structured credit products. In addition, the company offers corporate banking services comprising aircraft, asset based, carbon, export credit, global commodity, infrastructure, energy, telecoms, leveraged, mining, oil and gas, private equity, and public sector finance; payments and receipts, documentary credits and collections, guarantees, and trade finance; structured solutions; corporate lending and advances; custodial services; corporate finance and debt advisory services; beta solutions; and corporate and institutional investments. Further, it provides transactional banking services. The company was formerly known as Nedcor Limited and changed its name to Nedbank Group Limited in 2005. Nedbank Group Limited was founded in 1831 and is headquartered in Sandton, South Africa.

CEO
Mr. Michael William Thomas Bro
Employee
25.900
Address
135 Rivonia Road
Sandton, 2196

Nedbank Group Limited Executives & BODs

Nedbank Group Limited Executives & BODs
# Name Age
1 Ms. Deborah Fuller
Group Executive for Human Resources
70
2 Mr. Michael H. Davis B.Com., C.A.
Chief Financial Officer, Debt Officer & Director
70
3 Mr. Michael William Thomas Brown AMP, B.Com., C.A., CA (SA), Dip Acc
Chief Executive & Executive Director
70
4 Mr. Alfred Visagie
Executive Head of Investor Relations
70
5 Ms. Daleen Du Toit B.Com., L.L.B.
Group Chief Compliance Officer
70
6 Mr. David Mcfadzean
Head of Wealth Management
70
7 Mr. Ray Naicker
Chief Information Officer
70
8 Mr. Andrew Halsall
Head of Private Banking - Isle of Man
70
9 Mr. Mfundo Clement Nkuhlu AMP, B.A., BA(Hons)
Chief Operating Officer & Director
70
10 Ms. Khensani Nobanda B.Com., M.B.A.
Group Executive for Group Marketing & Corporate Affairs
70

Nedbank Group Limited Competitors