What is the current FirstRand market capitalization?
The current market capitalization of FirstRand is 48.13 T ZAR.
FirstRand Market capitalization 2024
FirstRand Market capitalization
48.13 T ZAR
Ticker
FSR.JO
ISIN
ZAE000066304
WKN
A0EACV
In 2024, FirstRand's market cap stood at 48.13 T ZAR, a 37.43% increase from the 35.02 T ZAR market cap in the previous year.
The FirstRand Market capitalization history
| YEAR | Market Capitalization (undefined ZAR) |
|---|---|
| 2023 | 36.94 |
| 2022 | 36.87 |
| 2021 | 30.9 |
| 2020 | 25.1 |
| 2019 | 36.35 |
| 2018 | 37.01 |
| 2017 | 29.24 |
| 2016 | 25.99 |
| 2015 | 28.71 |
| 2014 | 22.61 |
| 2013 | 17.55 |
| 2012 | 14.66 |
| 2011 | 10.9 |
| 2010 | 8.53 |
| 2009 | 6.26 |
| 2008 | 6.66 |
| 2007 | 9.39 |
| 2006 | 7.46 |
| 2005 | 5.97 |
| 2004 | 4.23 |
FirstRand Aktienanalyse
What does FirstRand do?
FirstRand Ltd is a holding company that offers various financial services in South Africa and selected markets worldwide. It was founded in 1970 as the Rand Merchant Bank and later established as a holding company in 1998. FirstRand has grown to become one of the largest financial service providers in South Africa and the African continent. Its business model is based on three pillars: First National Bank (FNB), Rand Merchant Bank (RMB), and WesBank. FNB offers a wide range of financial products including credit and debit cards, accounts, loans, investments, and insurance. RMB provides investment and corporate banking services such as stocks, bonds, derivatives, mergers and acquisitions, and consulting for private and institutional clients. WesBank is a leading provider of vehicle financing in South Africa, offering services related to car purchases such as insurance and payment guarantees. In addition to these three pillars, FirstRand operates several specialized companies including FirstRand Securities, which offers stock trading and brokerage services, Ashburton Investments, a leading asset manager with a wide range of investment products and solutions, and FirstRand Namibia, a subsidiary providing banking and financial services in Namibia. FirstRand sets itself apart from other financial service providers through its focus on innovative technology and digital solutions. FNB is a pioneer in digital banking in South Africa, offering a wide range of online and mobile banking products. The FNB App, for example, allows customers to conduct their banking transactions through their smartphones without having to visit a branch. This allows customers to manage their banking anytime and anywhere, saving time and effort. Beyond innovation in the banking sector, FirstRand is also committed to community and country development. The company actively participates in charitable projects and initiatives, investing in education, healthcare, and environmental conservation. For example, FNB has partnered with the nonprofit organization Mahala Africa to provide access to education and IT for children and youth in South Africa. Other initiatives supported by FirstRand include promoting small businesses, developing rural areas, supporting environmental and conservation projects, and fostering technology start-ups. Overall, FirstRand is a consumer-focused company that emphasizes innovation and technology to provide its customers with high-quality products and services. With a wide range of services, a strong focus on digitalization, and a solid ethical foundation, FirstRand is well positioned to continue growing and solidify its position as a leading financial service provider in South Africa and beyond. FirstRand ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring FirstRand's Market Capitalization
FirstRand'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 FirstRand'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
FirstRand'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 FirstRand’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 FirstRand 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 FirstRand.
How has the market capitalization of FirstRand developed in recent years?
The market capitalization of FirstRand has increased/decreased by 37.43% 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 FirstRand?
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 FirstRand?
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 FirstRand 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 FirstRand pay?
Over the past 12 months, FirstRand paid a dividend of 3.84 ZAR . This corresponds to a dividend yield of about 0.04 %. For the coming 12 months, FirstRand is expected to pay a dividend of 4.2 ZAR.
What is the dividend yield of FirstRand?
The current dividend yield of FirstRand is 0.04 %.
When does FirstRand pay dividends?
FirstRand pays a quarterly dividend. This is distributed in the months of April, November, April, April.
How secure is the dividend of FirstRand?
FirstRand paid dividends every year for the past 24 years.
What is the dividend of FirstRand?
For the upcoming 12 months, dividends amounting to 4.2 ZAR are expected. This corresponds to a dividend yield of 0.05 %.
In which sector is FirstRand located?
FirstRand is assigned to the 'Finance' sector.
Wann musste ich die Aktien von FirstRand kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of FirstRand from 4/2/2024 amounting to 2 ZAR, you needed to have the stock in your portfolio before the ex-date on 3/27/2024.
When did FirstRand pay the last dividend?
The last dividend was paid out on 4/2/2024.
What was the dividend of FirstRand in the year 2023?
In the year 2023, FirstRand distributed 2.82 ZAR as dividends.
In which currency does FirstRand pay out the dividend?
The dividends of FirstRand are distributed in ZAR.
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Andere Kennzahlen von FirstRand
Our stock analysis for FirstRand 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 FirstRand Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
