Westpac Banking Financials
WBC Stock | EUR 20.00 0.18 0.89% |
Westpac |
Understanding current and past Westpac Banking Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Westpac Banking's financial statements are interrelated, with each one affecting the others. For example, an increase in Westpac Banking's assets may result in an increase in income on the income statement.
Westpac Banking Stock Summary
Westpac Banking competes with Ultra Clean, TYSON FOODS, CVW CLEANTECH, AVITA Medical, and Merit Medical. Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, Asia, the Pacific region, and internationally. The company was founded in 1817 and is headquartered in Sydney, Australia. WESTPAC BKG operates under Banks - Global classification in Germany and is traded on Frankfurt Stock Exchange. It employs 31007 people.Foreign Associates | |
Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | AU000000WBC1 |
Business Address | 275 Kent Street, |
Sector | Financial Services |
Industry | Banks - Global |
Benchmark | Dow Jones Industrial |
Website | www.westpac.com.au |
Phone | 61 2 9155 7713 |
Currency | EUR - Euro |
You should never invest in Westpac Banking without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Westpac Stock, because this is throwing your money away. Analyzing the key information contained in Westpac Banking's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Westpac Banking Key Financial Ratios
There are many critical financial ratios that Westpac Banking's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Westpac Banking reports annually and quarterly.Return On Equity | 0.0799 | |||
Return On Asset | 0.0058 | |||
Beta | 0.82 | |||
Last Dividend Paid | 1.25 |
Westpac Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Westpac Banking's current stock value. Our valuation model uses many indicators to compare Westpac Banking value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Westpac Banking competition to find correlations between indicators driving Westpac Banking's intrinsic value. More Info.Westpac Banking is rated first in return on equity category among its peers. It is rated first 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 Westpac Banking is roughly 13.78 . 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 Westpac Banking's earnings, one of the primary drivers of an investment's value.Westpac Banking Systematic Risk
Westpac Banking's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Westpac Banking 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Westpac Banking correlated with the market. If Beta is less than 0 Westpac Banking generally moves in the opposite direction as compared to the market. If Westpac Banking Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Westpac Banking is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Westpac Banking is generally in the same direction as the market. If Beta > 1 Westpac Banking moves generally in the same direction as, but more than the movement of the benchmark.
Westpac Banking December 2, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Westpac Banking help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Westpac Banking. We use our internally-developed statistical techniques to arrive at the intrinsic value of Westpac Banking based on widely used predictive technical indicators. In general, we focus on analyzing Westpac Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Westpac Banking's daily price indicators and compare them against related drivers.
Downside Deviation | 1.18 | |||
Information Ratio | 0.0088 | |||
Maximum Drawdown | 7.96 | |||
Value At Risk | (2.16) | |||
Potential Upside | 2.13 |
Complementary Tools for Westpac Stock analysis
When running Westpac Banking's price analysis, check to measure Westpac Banking'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 Westpac Banking is operating at the current time. Most of Westpac Banking's value examination focuses on studying past and present price action to predict the probability of Westpac Banking's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westpac Banking's price. Additionally, you may evaluate how the addition of Westpac Banking to your portfolios can decrease your overall portfolio volatility.
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