Nedbank Group Ltd (NED) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.100x

Based on the latest financial reports, Nedbank Group Ltd (NED) has a cash flow conversion efficiency ratio of 0.100x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (ZAC10.48 Billion ≈ $5.57 Million USD) by net assets (ZAC105.17 Billion ≈ $55.89 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See debt-free asset ratio of Nedbank Group Ltd to measure how much of total assets are equity-financed.

Nedbank Group Ltd - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Nedbank Group Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check NED operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Nedbank Group Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Nedbank Group Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Ultrapar Participações S.A SA:UGPA3	0.029x
Lamb Weston Holdings Inc NYSE:LW	0.302x
Shanghai Commercial & Savings Bank Ltd TW:5876	0.092x
Synovus Financial Corp NYSE:SNV	0.035x
NOV Inc. NYSE:NOV	-0.004x
Beijer Ref AB (publ) ST:BEIJ-B	0.028x
Guolian Securities Co Ltd SHG:601456	0.093x
Shenzhen Capchem Tech SHE:300037	0.021x

Annual Cash Flow Conversion Efficiency for Nedbank Group Ltd (2002–2025)

The table below shows the annual cash flow conversion efficiency of Nedbank Group Ltd from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Nedbank Group Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	ZAC105.17 Billion ≈ $55.89 Million	ZAC25.52 Billion ≈ $13.57 Million	0.243x	+62.69%
2024-12-31	ZAC126.09 Billion ≈ $67.01 Million	ZAC18.81 Billion ≈ $10.00 Million	0.149x	+204.53%
2023-12-31	ZAC119.21 Billion ≈ $63.35 Million	ZAC-17.02 Billion ≈ $-9.04 Million	-0.143x	-187.74%
2022-12-31	ZAC115.90 Billion ≈ $61.59 Million	ZAC18.85 Billion ≈ $10.02 Million	0.163x	+46.76%
2021-12-31	ZAC109.51 Billion ≈ $58.20 Million	ZAC12.14 Billion ≈ $6.45 Million	0.111x	-16.49%
2020-12-31	ZAC100.44 Billion ≈ $53.38 Million	ZAC13.33 Billion ≈ $7.09 Million	0.133x	-11.58%
2019-12-31	ZAC98.45 Billion ≈ $52.32 Million	ZAC14.78 Billion ≈ $7.85 Million	0.150x	+38.10%
2018-12-31	ZAC91.27 Billion ≈ $48.51 Million	ZAC9.92 Billion ≈ $5.27 Million	0.109x	+199.44%
2017-12-31	ZAC88.54 Billion ≈ $47.05 Million	ZAC3.21 Billion ≈ $1.71 Million	0.036x	-30.84%
2016-12-31	ZAC81.71 Billion ≈ $43.43 Million	ZAC4.29 Billion ≈ $2.28 Million	0.052x	-7.17%
2015-12-31	ZAC78.75 Billion ≈ $41.85 Million	ZAC4.45 Billion ≈ $2.37 Million	0.057x	-31.08%
2014-12-31	ZAC70.91 Billion ≈ $37.69 Million	ZAC5.82 Billion ≈ $3.09 Million	0.082x	-56.58%
2013-12-31	ZAC64.34 Billion ≈ $34.19 Million	ZAC12.16 Billion ≈ $6.46 Million	0.189x	+21.22%
2012-12-31	ZAC57.38 Billion ≈ $30.49 Million	ZAC8.94 Billion ≈ $4.75 Million	0.156x	-7.79%
2011-12-31	ZAC52.43 Billion ≈ $27.86 Million	ZAC8.86 Billion ≈ $4.71 Million	0.169x	+2558.73%
2010-12-31	ZAC47.81 Billion ≈ $25.41 Million	ZAC304.00 Million ≈ $161.56K	0.006x	+114.26%
2009-12-31	ZAC44.98 Billion ≈ $23.91 Million	ZAC-2.01 Billion ≈ $-1.07 Million	-0.045x	-208.30%
2008-12-31	ZAC40.07 Billion ≈ $21.30 Million	ZAC1.65 Billion ≈ $876.89K	0.041x	+320.13%
2007-12-31	ZAC35.12 Billion ≈ $18.67 Million	ZAC-657.00 Million ≈ $-349.16K	-0.019x	-111.94%
2006-12-31	ZAC29.39 Billion ≈ $15.62 Million	ZAC4.61 Billion ≈ $2.45 Million	0.157x	-48.91%
2005-12-31	ZAC26.31 Billion ≈ $13.98 Million	ZAC8.07 Billion ≈ $4.29 Million	0.307x	+249.12%
2004-12-31	ZAC21.79 Billion ≈ $11.58 Million	ZAC1.91 Billion ≈ $1.02 Million	0.088x	-93.41%
2003-12-31	ZAC15.10 Billion ≈ $8.03 Million	ZAC20.13 Billion ≈ $10.70 Million	1.333x	+37.85%
2002-12-31	ZAC19.54 Billion ≈ $10.38 Million	ZAC18.89 Billion ≈ $10.04 Million	0.967x	--

About Nedbank Group Ltd

JSE:NED South Africa Banks - Regional

Market Cap

$6.92 Billion

ZAC13.01 Trillion ZAC

Market Cap Rank

#2866 Global

#20 in South Africa

Share Price

ZAC27964.00

Change (1 day)

+0.87%

52-Week Range

ZAC20833.00 - ZAC31500.00

All Time High

ZAC31500.00