Nedbank Financial Statements From 2010 to 2024
| NED Stock | 28,289 159.00 0.56% |
Check Nedbank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nedbank's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nedbank financial statements analysis is a perfect complement when working with Nedbank Valuation or Volatility modules.
Nedbank |
Nedbank Group Company Return On Equity Analysis
Nedbank's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nedbank Return On Equity | 0.13 |
Most of Nedbank's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nedbank Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Nedbank Group has a Return On Equity of 0.1271. This is 91.23% lower than that of the Financial Services sector and significantly higher than that of the Banks-Regional industry. The return on equity for all South Africa stocks is 141.0% lower than that of the firm.
Nedbank Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nedbank's current stock value. Our valuation model uses many indicators to compare Nedbank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nedbank competition to find correlations between indicators driving Nedbank's intrinsic value. More Info.Nedbank Group is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about 0.09 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nedbank Group is roughly 11.15 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nedbank's earnings, one of the primary drivers of an investment's value.About Nedbank Financial Statements
Nedbank stakeholders use historical fundamental indicators, such as Nedbank's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nedbank investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nedbank's assets and liabilities are reflected in the revenues and expenses on Nedbank's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nedbank Group. Please read more on our technical analysis and fundamental analysis pages.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nedbank Stock
Nedbank financial ratios help investors to determine whether Nedbank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nedbank with respect to the benefits of owning Nedbank security.