ABSA Financial Statements From 2010 to 2024
ABSP Stock | 87,101 98.00 0.11% |
Check ABSA Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ABSA Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . ABSA financial statements analysis is a perfect complement when working with ABSA Bank Valuation or Volatility modules.
ABSA |
ABSA Bank Limited Company Current Valuation Analysis
ABSA Bank's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current ABSA Bank Current Valuation | 410.09 B |
Most of ABSA Bank's fundamental indicators, such as Current Valuation, 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, ABSA Bank Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, ABSA Bank Limited has a Current Valuation of 410.09 B. This is much higher than that of the Financial Services sector and significantly higher than that of the Banks-Regional industry. The current valuation for all South Africa stocks is significantly lower than that of the firm.
ABSA Bank Limited Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining ABSA Bank's current stock value. Our valuation model uses many indicators to compare ABSA Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ABSA Bank competition to find correlations between indicators driving ABSA Bank's intrinsic value. More Info.ABSA Bank Limited is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.07 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ABSA Bank Limited is roughly 13.94 . 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 Bank's earnings, one of the primary drivers of an investment's value.About ABSA Bank Financial Statements
ABSA Bank shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although ABSA Bank investors may analyze each financial statement separately, they are all interrelated. The changes in ABSA Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on ABSA Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
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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.Additional Tools for ABSA Stock Analysis
When running ABSA Bank's price analysis, check to measure ABSA Bank'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 Bank is operating at the current time. Most of ABSA Bank's value examination focuses on studying past and present price action to predict the probability of ABSA Bank'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 Bank's price. Additionally, you may evaluate how the addition of ABSA Bank to your portfolios can decrease your overall portfolio volatility.