Absa Group Financials
| AGRPF Stock | USD 8.11 0.00 0.00% |
Absa |
Understanding current and past Absa Group Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Absa Group's financial statements are interrelated, with each one affecting the others. For example, an increase in Absa Group's assets may result in an increase in income on the income statement.
Absa Group Stock Summary
Absa Group competes with Aozora Bank, and Andover Bancorp. Absa Group Limited, together with its subsidiaries, provides various financial products and services in South Africa and internationally. Absa Group Limited was incorporated in 1986 and is based in Johannesburg, South Africa. Absa operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 35267 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | Absa Towers West, |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Benchmark | Dow Jones Industrial |
| Website | www.absa.africa |
| Phone | 27 11 350 4000 |
| Currency | USD - US Dollar |
Absa Group Key Financial Ratios
There are many critical financial ratios that Absa Group's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Absa Group Limited reports annually and quarterly.| Return On Equity | 0.15 | |||
| Return On Asset | 0.0132 | |||
| Beta | 0.96 | |||
| Last Dividend Paid | 11.25 |
Absa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Absa Group's current stock value. Our valuation model uses many indicators to compare Absa Group value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Absa Group competition to find correlations between indicators driving Absa Group's intrinsic value. More Info.Absa Group Limited is rated third in return on equity category among its peers. It also is rated third 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 Absa Group Limited is roughly 11.64 . 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 Absa Group's earnings, one of the primary drivers of an investment's value.Absa Group Limited Systematic Risk
Absa Group's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Absa Group volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Absa Group Limited correlated with the market. If Beta is less than 0 Absa Group generally moves in the opposite direction as compared to the market. If Absa Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Absa Group Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Absa Group is generally in the same direction as the market. If Beta > 1 Absa Group moves generally in the same direction as, but more than the movement of the benchmark.
Complementary Tools for Absa Pink Sheet analysis
When running Absa Group's price analysis, check to measure Absa Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Absa Group is operating at the current time. Most of Absa Group's value examination focuses on studying past and present price action to predict the probability of Absa Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Absa Group's price. Additionally, you may evaluate how the addition of Absa Group to your portfolios can decrease your overall portfolio volatility.
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