Is Nedbank Group Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Nedbank Group Limited pays dividends. Last time was Monday 9th of September 2024 where the investors holding the stock on Wednesday 4th of September 2024 were paid ZAC971 per share. Over the last 50 times between 2000 and 2024, Nedbank Group Limited has paid ZAC20380.4 with an average of ZAC407.61 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Nedbank Group Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was ZAC23 102, you would have made a profit of ZAC5 199.00 per share or 22.50%
Yes, the average daily trading liquidity for Nedbank Group Limited is ZAC1.68 million. You should therefore be able to get in and out of your positions relatively fast.
Nedbank Group Limited has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.01, the company's ability to pay off the debt is limited. Nedbank Group Limited has a good net profit margin of 12.76% and should have high tolerances against inflation.
We have calculated the inflation risk for Nedbank Group Limited to be low [0.4 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.