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Alternative stocks to Nedbank Group (JSE:NED)


These are the alternatives to Nedbank Group that fall within the same industry, Diversified Banks, or region, South Africa.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Nedbank Group Performance

Nedbank Group stock research in summary

nedbank.co.za


Nedbank Group shares are less expensive than other comparable stocks. While they are good value, they are riskily financed, and show below average growth. We recommend evaluating whether the future of the company Nedbank Group is really as difficult as the low price of the stock suggests. If you believe that the future of the company is market-typical or even better, then this could be an argument for a share purchase.


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Country South Africa
Industry Diversified Banks
Index
Size class XX-Large

Large companies - similar industry as Nedbank Group

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. KCB Group (XXL, KE)  Diversified Banks
1. KCB Group (XXL, KE)   Diversified Banks 100 49 98 100
2. Equity Group Holdings (XXL, KE)  Diversified Banks
2. Equity Group Holdings (XXL, KE)   Diversified Banks 99 47 100 98
3. Canara Bank (XXL, IN)  Diversified Banks
3. Canara Bank (XXL, IN)   Diversified Banks 59 87 79 97
4. MCB Group (XXL, MU)  Diversified Banks
4. MCB Group (XXL, MU)   Diversified Banks 55 91 94 96
5. MCB Bank (XXL, PK)  Diversified Banks
5. MCB Bank (XXL, PK)   Diversified Banks 93 73 67 95
6. Habib Bank (XXL, PK)  Diversified Banks
6. Habib Bank (XXL, PK)   Diversified Banks 100 33 82 94
7. Grupo Financiero Galicia (XXL, AR)  Diversified Banks
7. Grupo Financiero Galicia (XXL, AR)   Diversified Banks 29 87 86 92
8. Krung Thai Bank (XXL, TH)  Diversified Banks
8. Krung Thai Bank (XXL, TH)   Diversified Banks 87 19 92 92
9. Bank Negara Indonesia (XXL, ID)  Diversified Banks
9. Bank Negara Indonesia (XXL, ID)   Diversified Banks 45 63 88 90
10. TMB Bank (XXL, TH)  Diversified Banks
10. TMB Bank (XXL, TH)   Diversified Banks 65 37 92 86

March 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Nedbank Group

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. MMI (XL, ZA)  Life & Health Insurance
1. MMI (XL, ZA)   Life & Health Insurance 96 35 85 96
2. Impala Platinum (XL, ZA)  Precious Metals & Minerals
2. Impala Platinum (XL, ZA)   Precious Metals & Minerals 86 10 98 90
3. Discovery (XL, ZA)  Life & Health Insurance
3. Discovery (XL, ZA)   Life & Health Insurance 59 17 88 88
4. Naspers (XL, ZA)  Internet Retail
4. Naspers (XL, ZA)   Internet Retail 36 99 76 88
5. Motus Holdings (XL, ZA)  Automotive Retail
5. Motus Holdings (XL, ZA)   Automotive Retail 100 11 88 86
6. Remgro (XL, ZA)  Multi-Sector Holdings
6. Remgro (XL, ZA)   Multi-Sector Holdings 85 6 95 85
7. Bid (XL, ZA)  Food Distributors
7. Bid (XL, ZA)   Food Distributors 71 43 75 85
8. Sanlam (XXL, ZA)  Life & Health Insurance
8. Sanlam (XXL, ZA)   Life & Health Insurance 74 21 60 83
9. Pepkor (XL, ZA)  Apparel Retail
9. Pepkor (XL, ZA)   Apparel Retail 83 43 67 82
10. Standard Bank (XXL, ZA)  Diversified Banks
10. Standard Bank (XXL, ZA)   Diversified Banks 85 25 53 77

March 21, 2024


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Mid sized companies - similar industry as Nedbank Group

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. International General Insurance Holdings (M, JO)  Property & Casualty Insurance
1. International General Insurance Holdings (M, JO)   Property & Casualty Insurance 94 41 94 100
2. XP (L, BR)  Investment Banking & Brokerage
2. XP (L, BR)   Investment Banking & Brokerage 37 89 84 96
3. Indiabulls Housing Finance (L, IN)  Thrifts & Mortgage Finance
3. Indiabulls Housing Finance (L, IN)   Thrifts & Mortgage Finance 67 41 97 93
4. Motilal Oswal Financial Services (M, IN)  Diversified Capital Markets
4. Motilal Oswal Financial Services (M, IN)   Diversified Capital Markets 21 97 81 92
5. IRB-Brasil Resseguros (L, BR)  Reinsurance
5. IRB-Brasil Resseguros (L, BR)   Reinsurance 82 100 25 92
6. Santam (L, ZA)  Property & Casualty Insurance
6. Santam (L, ZA)   Property & Casualty Insurance 53 37 81 90
7. BB Seguridade (L, BR)  Multi-line Insurance
7. BB Seguridade (L, BR)   Multi-line Insurance 34 30 85 88
8. Bangkok Life Assurance (L, TH)  Life & Health Insurance
8. Bangkok Life Assurance (L, TH)   Life & Health Insurance 80 5 86 86
9. Rand Merchant (L, ZA)  Life & Health Insurance
9. Rand Merchant (L, ZA)   Life & Health Insurance 24 53 98 85
10. Cholamandalam Financial Holdings (L, IN)  Consumer Finance
10. Cholamandalam Financial Holdings (L, IN)   Consumer Finance 30 99 54 85

March 21, 2024


Mid sized companies - similar region as Nedbank Group

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Raubex (M, ZA)  Construction & Engineering
1. Raubex (M, ZA)   Construction & Engineering 95 97 65 100
2. Merafe (M, ZA)  Steel
2. Merafe (M, ZA)   Steel 94 71 100 100
3. Caxton and CTP Publishers and Printers (M, ZA)  Publishing
3. Caxton and CTP Publishers and Printers (M, ZA)   Publishing 100 61 100 100
4. Rhodes Food Groups (M, ZA)  Packaged Foods & Meats
4. Rhodes Food Groups (M, ZA)   Packaged Foods & Meats 95 85 80 100
5. African Rainbow Minerals (L, ZA)  Diversified Metals & Mining
5. African Rainbow Minerals (L, ZA)   Diversified Metals & Mining 82 51 92 98
6. Adcock Ingram (M, ZA)  Pharmaceuticals
6. Adcock Ingram (M, ZA)   Pharmaceuticals 100 15 84 96
7. Famous Brands (M, ZA)  Restaurants
7. Famous Brands (M, ZA)   Restaurants 72 77 67 96
8. Mpact (M, ZA)  Paper Packaging
8. Mpact (M, ZA)   Paper Packaging 97 17 74 94
9. Thungela Resources (L, ZA)  Coal & Consumable Fuels
9. Thungela Resources (L, ZA)   Coal & Consumable Fuels 88 31 98 92
10. Santam (L, ZA)  Property & Casualty Insurance
10. Santam (L, ZA)   Property & Casualty Insurance 53 37 81 90

March 21, 2024



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