What is the current Absa Group market capitalization?
The current market capitalization of Absa Group is 14.3 T ZAR.
Absa Group Market capitalization 2024
Absa Group Market capitalization
14.3 T ZAR
Ticker
ABG.JO
ISIN
ZAE000255915
WKN
A2JE9V
In 2024, Absa Group's market cap stood at 14.3 T ZAR, a -0.75% increase from the 14.41 T ZAR market cap in the previous year.
The Absa Group Market capitalization history
| YEAR | Market Capitalization (undefined ZAR) |
|---|---|
| 2023 | 14.78 |
| 2022 | 14.83 |
| 2021 | 11.23 |
| 2020 | 8.34 |
| 2019 | 13.56 |
| 2018 | 14 |
| 2017 | 12.53 |
| 2016 | 12.53 |
| 2015 | 15.06 |
| 2014 | 13.29 |
| 2013 | 12.61 |
| 2012 | 12.53 |
| 2011 | 9.76 |
| 2010 | 9.6 |
| 2009 | 7.88 |
| 2008 | 6.99 |
| 2007 | 9.47 |
| 2006 | 7.68 |
| 2005 | 5.89 |
| 2004 | 3.65 |
Absa Group Aktienanalyse
What does Absa Group do?
The Absa Group Ltd is one of the leading banks in Africa and is headquartered in Johannesburg, South Africa. The bank was originally founded in 1991 under the name Amalgamated Banks of South Africa. Since then, the company has undergone significant development and is now active throughout the African continent as Absa Group Ltd. Absa's business model is based on offering financial services such as loans, savings accounts, insurance, and investment products to build long-term customer loyalty and trust. The bank focuses on both retail and business customers, as well as small businesses. In the investment banking sector, Absa Group Ltd offers a wide range of financial services, ranging from mergers and acquisitions to asset management. The bank also operates in umbrella sectors, including asset management, treasury, and risk management. Absa Group Ltd operates in eleven African countries and is a market leader in southern Africa and one of the largest banking groups on the continent. The company employs over 32,000 people. The key countries where the bank operates include South Africa, Uganda, Ghana, Kenya, and Tanzania. A key focus of Absa Group Ltd is supporting the economy of the African continent. The bank is involved in numerous initiatives to promote economic growth and sustainability. In 2018, the bank launched an economic forum with the goal of increasing business opportunities and investments in Africa. Another initiative is the Absa Culture Program, which aims to promote art and culture in Africa. Absa's product portfolio is diverse and includes loans, accounts, insurance, and investment products. The bank offers both traditional and digital services, including a mobile app, online banking, mobile money transfers, and a digital exchange. One of Absa's main products is the current account, which caters to retail customers and businesses. The account provides basic banking services such as transfers, cash withdrawals, account statements, and deposit facilities. Absa also offers various card options, including debit cards and credit cards. Another core product is loans, which are provided to both retail and business customers. The bank ensures that its borrowers have a stable financial situation and that the loan has a positive impact on the borrowers. Absa also offers a special SME (Small and Medium Enterprises) loan offering aimed at supporting small businesses and helping them grow. Asset management is another major focus for Absa. The bank offers investment products such as stocks, bonds, investment funds, and hedge funds to help customers diversify their wealth and maximize return on investment (ROI). In summary, Absa Group Ltd is one of the largest and most successful banking groups in Africa. With its wide range of financial services, strong presence on the continent, and commitment to economic growth and sustainability, the bank has established itself as a key player in the African financial industry. Absa Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Absa Group's Market Capitalization
Absa Group's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Absa Group's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Absa Group's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Absa Group’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Absa Group stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Absa Group.
How has the market capitalization of Absa Group developed in recent years?
The market capitalization of Absa Group has increased/decreased by -0.75% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Absa Group?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Absa Group?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Absa Group have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Absa Group pay?
Over the past 12 months, Absa Group paid a dividend of 13.35 ZAR . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, Absa Group is expected to pay a dividend of 14.41 ZAR.
What is the dividend yield of Absa Group?
The current dividend yield of Absa Group is 0.08 %.
When does Absa Group pay dividends?
Absa Group pays a quarterly dividend. This is distributed in the months of October, May, October, October.
How secure is the dividend of Absa Group?
Absa Group paid dividends every year for the past 23 years.
What is the dividend of Absa Group?
For the upcoming 12 months, dividends amounting to 14.41 ZAR are expected. This corresponds to a dividend yield of 0.08 %.
In which sector is Absa Group located?
Absa Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von Absa Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Absa Group from 9/16/2024 amounting to 0.38 ZAR, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did Absa Group pay the last dividend?
The last dividend was paid out on 9/16/2024.
What was the dividend of Absa Group in the year 2023?
In the year 2023, Absa Group distributed 11.25 ZAR as dividends.
In which currency does Absa Group pay out the dividend?
The dividends of Absa Group are distributed in ZAR.
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Andere Kennzahlen von Absa Group
Our stock analysis for Absa Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Absa Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
