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 Thursday 19th of September 2024 where the investors holding the stock on Friday 6th of September 2024 were paid $0.546 per share. Over the last 28 times between 2010 and 2024, Nedbank Group Limited has paid $12.94371 with an average of $0.46 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 21st of October 2019 when the price was $16.45, you would have made a profit of $0.600 per share or 3.65%
No, the average daily trading liquidity for Nedbank Group Limited is $11 087 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Nedbank Group Limited has no real debt, which is good in periods of high inflation. With a low cash flow to debt ratio of 0.02, the company's ability to pay off the debt is limited. Nedbank Group Limited has a good net profit margin of 10.24% 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 August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.