More stocks to consider
Alternative stocks to Westpac Banking (ASX:WBC)
These are the alternatives to Westpac Banking that fall within the same industry, Diversified Banks, or region, Australia.
How to read the ranks
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.
(NEW) Sentiment - quantifies professional analyst ratings and holdings as well as market pulse. Green = positive sentiment; red = skepticism (Only available to Premium Subscribers).
(NEW) 360° View - the ultimate rating with all financial and non-financial indicators.
See Westpac Banking Performance
Westpac Banking stock research in summary
westpac.com.au
Westpac Banking shares are more expensive than other comparable stocks. While they are safely financed, they are poor value, and show below average growth. We recommend evaluating whether the future of the company Westpac Banking is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.
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Country |
Australia |
Industry |
Diversified Banks |
Index |
|
Size class |
XX-Large |
Large companies - similar industry as Westpac Banking
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. KB Financial Group (XXL, KR) Diversified Banks
|
1. KB Financial Group (XXL, KR) Diversified Banks
|
86
|
|
96
|
|
64
|
|
94
|
|
2. Hana Financial (XXL, KR) Diversified Banks
|
2. Hana Financial (XXL, KR) Diversified Banks
|
94
|
|
58
|
|
52
|
|
83
|
|
3. OCBC Group (XXL, SG) Diversified Banks
|
3. OCBC Group (XXL, SG) Diversified Banks
|
70
|
|
22
|
|
94
|
|
77
|
|
4. Mizuho Financial (XXL, JP) Diversified Banks
|
4. Mizuho Financial (XXL, JP) Diversified Banks
|
62
|
|
63
|
|
64
|
|
77
|
|
5. UOB Group (XXL, SG) Diversified Banks
|
5. UOB Group (XXL, SG) Diversified Banks
|
68
|
|
23
|
|
97
|
|
75
|
|
6. Woori (XXL, KR) Diversified Banks
|
6. Woori (XXL, KR) Diversified Banks
|
98
|
|
75
|
|
10
|
|
73
|
|
7. Heartland Group (XXL, NZ) Diversified Banks
|
7. Heartland Group (XXL, NZ) Diversified Banks
|
88
|
|
65
|
|
26
|
|
70
|
|
8. Sumitomo Mitsui Financial Group (XXL, JP) Diversified Banks
|
8. Sumitomo Mitsui Financial Group (XXL, JP) Diversified Banks
|
46
|
|
90
|
|
42
|
|
68
|
|
9. Mitsubishi UFJ Financial (XXL, JP) Diversified Banks
|
9. Mitsubishi UFJ Financial (XXL, JP) Diversified Banks
|
28
|
|
94
|
|
52
|
|
64
|
|
10. ANZ Banking (XXL, AU) Diversified Banks
|
10. ANZ Banking (XXL, AU) Diversified Banks
|
44
|
|
33
|
|
94
|
|
62
|
|
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 Westpac Banking
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. AGL (XL, AU) Multi-Utilities
|
1. AGL (XL, AU) Multi-Utilities
|
91
|
|
63
|
|
81
|
|
94
|
|
2. Metcash (XL, AU) Food Distributors
|
2. Metcash (XL, AU) Food Distributors
|
94
|
|
65
|
|
46
|
|
92
|
|
3. Whitehaven Coal (XL, AU) Coal & Consumable Fuels
|
3. Whitehaven Coal (XL, AU) Coal & Consumable Fuels
|
85
|
|
33
|
|
96
|
|
87
|
|
4. Downer EDI (XL, AU) Diversified Support Services
|
4. Downer EDI (XL, AU) Diversified Support Services
|
95
|
|
93
|
|
11
|
|
84
|
|
5. Suncorp (XL, AU) Property & Casualty Insurance
|
5. Suncorp (XL, AU) Property & Casualty Insurance
|
39
|
|
76
|
|
36
|
|
82
|
|
6. Bluescope Steel (XXL, AU) Steel
|
6. Bluescope Steel (XXL, AU) Steel
|
74
|
|
41
|
|
87
|
|
77
|
|
7. IAG (XL, AU) Property & Casualty Insurance
|
7. IAG (XL, AU) Property & Casualty Insurance
|
51
|
|
97
|
|
90
|
|
76
|
|
8. GrainCorp (XL, AU) Food Distributors
|
8. GrainCorp (XL, AU) Food Distributors
|
61
|
|
35
|
|
90
|
|
75
|
|
9. LendLease (XL, AU) Real Estate: Diversified Operations
|
9. LendLease (XL, AU) Real Estate: Diversified Operations
|
82
|
|
67
|
|
10
|
|
67
|
|
10. Medibank Private (XL, AU) Life & Health Insurance
|
10. Medibank Private (XL, AU) Life & Health Insurance
|
45
|
|
39
|
|
54
|
|
66
|
|
March 21, 2024
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Mid sized companies - similar industry as Westpac Banking
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Perpetual (M, AU) Asset Management & Custody
|
1. Perpetual (M, AU) Asset Management & Custody
|
73
|
|
33
|
|
82
|
|
80
|
|
2. Steadfast Group (M, AU) Insurance Brokers
|
2. Steadfast Group (M, AU) Insurance Brokers
|
8
|
|
94
|
|
65
|
|
77
|
|
3. Insignia Financial (L, AU) Asset Management & Custody
|
3. Insignia Financial (L, AU) Asset Management & Custody
|
100
|
|
15
|
|
54
|
|
67
|
|
4. Humm (M, AU) Consumer Finance
|
4. Humm (M, AU) Consumer Finance
|
98
|
|
67
|
|
4
|
|
64
|
|
5. Australian Finance Group (M, AU) Thrifts & Mortgage Finance
|
5. Australian Finance Group (M, AU) Thrifts & Mortgage Finance
|
64
|
|
10
|
|
81
|
|
57
|
|
6. Magellan Financial Group (M, AU) Asset Management & Custody
|
6. Magellan Financial Group (M, AU) Asset Management & Custody
|
51
|
|
7
|
|
90
|
|
54
|
|
7. ASX (M, AU) Financial Exchanges & Data
|
7. ASX (M, AU) Financial Exchanges & Data
|
18
|
|
29
|
|
94
|
|
45
|
|
8. Challenger (L, AU) Other Financial Services
|
8. Challenger (L, AU) Other Financial Services
|
39
|
|
25
|
|
81
|
|
42
|
|
9. NIB (L, AU) Life & Health Insurance
|
9. NIB (L, AU) Life & Health Insurance
|
58
|
|
71
|
|
20
|
|
36
|
|
10. Pendal Group (M, AU) Asset Management & Custody
|
10. Pendal Group (M, AU) Asset Management & Custody
|
47
|
|
17
|
|
70
|
|
32
|
|
March 21, 2024
Mid sized companies - similar region as Westpac Banking
Similar Stocks |
VALUEVVV
|
GROWTHVV
|
SAFETYVV
|
COMBINED
|
1. Ramelius Resources (M, AU) Gold Production
|
1. Ramelius Resources (M, AU) Gold Production
|
64
|
|
99
|
|
89
|
|
100
|
|
2. Champion Iron (L, AU) Steel
|
2. Champion Iron (L, AU) Steel
|
72
|
|
91
|
|
65
|
|
98
|
|
3. Coronado Global Resources (L, AU) Steel
|
3. Coronado Global Resources (L, AU) Steel
|
92
|
|
27
|
|
54
|
|
96
|
|
4. Beach (L, AU) Oil & Gas Production
|
4. Beach (L, AU) Oil & Gas Production
|
84
|
|
65
|
|
81
|
|
96
|
|
5. Westgold Resources (M, AU) Gold Production
|
5. Westgold Resources (M, AU) Gold Production
|
57
|
|
97
|
|
65
|
|
91
|
|
6. Austal (L, AU) Aerospace & Defense
|
6. Austal (L, AU) Aerospace & Defense
|
51
|
|
99
|
|
49
|
|
89
|
|
7. Perenti (L, AU) Diversified Metals & Mining
|
7. Perenti (L, AU) Diversified Metals & Mining
|
100
|
|
57
|
|
46
|
|
86
|
|
8. Collins Foods (L, AU) Restaurants
|
8. Collins Foods (L, AU) Restaurants
|
85
|
|
87
|
|
17
|
|
83
|
|
9. Perpetual (M, AU) Asset Management & Custody
|
9. Perpetual (M, AU) Asset Management & Custody
|
73
|
|
33
|
|
82
|
|
80
|
|
10. Steadfast Group (M, AU) Insurance Brokers
|
10. Steadfast Group (M, AU) Insurance Brokers
|
8
|
|
94
|
|
65
|
|
77
|
|
March 21, 2024
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