Nedbank Group Ltd (NED) - Net Assets

Latest as of December 2025: ZAC105.17 Billion ZAC ≈ $55.89 Million USD

Based on the latest financial reports, Nedbank Group Ltd (NED) has net assets worth ZAC105.17 Billion ZAC (≈ $55.89 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC1.46 Trillion ≈ $775.99 Million USD) and total liabilities (ZAC1.35 Trillion ≈ $720.10 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Nedbank Group Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets ZAC105.17 Billion
% of Total Assets 7.2%
Annual Growth Rate 7.59%
5-Year Change -3.97%
10-Year Change 28.7%
Growth Volatility 12.12

Nedbank Group Ltd - Net Assets Trend (2002–2025)

This chart illustrates how Nedbank Group Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Nedbank Group Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Nedbank Group Ltd (2002–2025)

The table below shows the annual net assets of Nedbank Group Ltd from 2002 to 2025. For live valuation and market cap data, see Nedbank Group Ltd stock valuation.

Year Net Assets Change
2025-12-31 ZAC105.17 Billion
≈ $55.89 Million		 -16.59%
2024-12-31 ZAC126.09 Billion
≈ $67.01 Million		 +5.77%
2023-12-31 ZAC119.21 Billion
≈ $63.35 Million		 +2.86%
2022-12-31 ZAC115.90 Billion
≈ $61.59 Million		 +5.83%
2021-12-31 ZAC109.51 Billion
≈ $58.20 Million		 +9.03%
2020-12-31 ZAC100.44 Billion
≈ $53.38 Million		 +2.03%
2019-12-31 ZAC98.45 Billion
≈ $52.32 Million		 +7.86%
2018-12-31 ZAC91.27 Billion
≈ $48.51 Million		 +3.09%
2017-12-31 ZAC88.54 Billion
≈ $47.05 Million		 +8.36%
2016-12-31 ZAC81.71 Billion
≈ $43.43 Million		 +3.76%
2015-12-31 ZAC78.75 Billion
≈ $41.85 Million		 +11.06%
2014-12-31 ZAC70.91 Billion
≈ $37.69 Million		 +10.22%
2013-12-31 ZAC64.34 Billion
≈ $34.19 Million		 +12.13%
2012-12-31 ZAC57.38 Billion
≈ $30.49 Million		 +9.43%
2011-12-31 ZAC52.43 Billion
≈ $27.86 Million		 +9.66%
2010-12-31 ZAC47.81 Billion
≈ $25.41 Million		 +6.29%
2009-12-31 ZAC44.98 Billion
≈ $23.91 Million		 +12.26%
2008-12-31 ZAC40.07 Billion
≈ $21.30 Million		 +14.09%
2007-12-31 ZAC35.12 Billion
≈ $18.67 Million		 +19.52%
2006-12-31 ZAC29.39 Billion
≈ $15.62 Million		 +11.70%
2005-12-31 ZAC26.31 Billion
≈ $13.98 Million		 +20.76%
2004-12-31 ZAC21.79 Billion
≈ $11.58 Million		 +44.28%
2003-12-31 ZAC15.10 Billion
≈ $8.03 Million		 -22.70%
2002-12-31 ZAC19.54 Billion
≈ $10.38 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Nedbank Group Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 7118800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ZAC71.19 Billion 67.70%
Common Stock ZAC29.00 Million 0.03%
Other Components ZAC33.93 Billion 32.27%
Total Equity ZAC105.15 Billion 100.00%

Nedbank Group Ltd Competitors by Market Cap

The table below lists competitors of Nedbank Group Ltd ranked by their market capitalization.

Company Market Cap
Guangzhou Friendship Group Co Ltd
SHE:000987
 $6.61 Billion
Kingfa Sci&Tech Co Ltd
SHG:600143
 $6.61 Billion
Fastighets AB Balder (publ)
ST:BALD-B
 $6.61 Billion
Light & Wonder Inc
AU:LNW
 $6.61 Billion
Gamuda Bhd
KLSE:5398
 $6.61 Billion
Repligen Corporation
NASDAQ:RGEN
 $6.60 Billion
Wan Hai Lines Ltd
TW:2615
 $6.60 Billion
Zheshang Securities Co Ltd
SHG:601878
 $6.59 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nedbank Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 125,165,000,000 to 105,147,000,000, a change of -20,018,000,000 (-16.0%).
  • Net income of 9,260,000,000 contributed positively to equity growth.
  • Dividend payments of 11,063,000,000 reduced retained earnings.
  • Share repurchases of 3,264,000,000 reduced equity.
  • Other comprehensive income decreased equity by 168,000,000.
  • Other factors decreased equity by 14,783,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC9.26 Billion +8.81%
Dividends Paid ZAC11.06 Billion -10.52%
Share Repurchases ZAC3.26 Billion -3.1%
Other Comprehensive Income ZAC-168.00 Million -0.16%
Other Changes ZAC-14.78 Billion -14.06%
Total Change ZAC- -15.99%

Book Value vs Market Value Analysis

This analysis compares Nedbank Group Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 120.44x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 399.42x to 120.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 ZAC66.88 ZAC26714.00 x
2003-12-31 ZAC39.69 ZAC26714.00 x
2004-12-31 ZAC50.69 ZAC26714.00 x
2005-12-31 ZAC56.17 ZAC26714.00 x
2006-12-31 ZAC60.92 ZAC26714.00 x
2007-12-31 ZAC84.76 ZAC26714.00 x
2008-12-31 ZAC84.84 ZAC26714.00 x
2009-12-31 ZAC91.13 ZAC26714.00 x
2010-12-31 ZAC104.01 ZAC26714.00 x
2011-12-31 ZAC113.22 ZAC26714.00 x
2012-12-31 ZAC121.44 ZAC26714.00 x
2013-12-31 ZAC135.18 ZAC26714.00 x
2014-12-31 ZAC147.59 ZAC26714.00 x
2015-12-31 ZAC162.10 ZAC26714.00 x
2016-12-31 ZAC165.93 ZAC26714.00 x
2017-12-31 ZAC178.94 ZAC26714.00 x
2018-12-31 ZAC183.30 ZAC26714.00 x
2019-12-31 ZAC200.36 ZAC26714.00 x
2020-12-31 ZAC204.56 ZAC26714.00 x
2021-12-31 ZAC220.05 ZAC26714.00 x
2022-12-31 ZAC230.09 ZAC26714.00 x
2023-12-31 ZAC220.46 ZAC26714.00 x
2024-12-31 ZAC261.50 ZAC26714.00 x
2025-12-31 ZAC221.80 ZAC26714.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nedbank Group Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.81%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.74%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 13.89x
  • Recent ROE (8.81%) is below the historical average (11.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 6.32% 18.10% 0.02x 19.05x ZAC-626.60 Million
2003 -11.45% -11.82% 0.04x 26.88x ZAC-2.50 Billion
2004 8.33% 4.97% 0.09x 17.88x ZAC-305.70 Million
2005 17.06% 23.47% 0.05x 15.66x ZAC1.59 Billion
2006 18.05% 23.73% 0.04x 16.92x ZAC2.02 Billion
2007 17.15% 26.46% 0.05x 13.92x ZAC2.51 Billion
2008 18.36% 27.90% 0.04x 16.24x ZAC2.92 Billion
2009 12.17% 21.11% 0.04x 14.39x ZAC861.10 Million
2010 10.09% 8.38% 0.09x 12.77x ZAC44.90 Million
2011 11.85% 11.70% 0.08x 12.40x ZAC964.30 Million
2012 13.03% 11.78% 0.09x 11.95x ZAC1.73 Billion
2013 13.48% 12.91% 0.09x 11.70x ZAC2.23 Billion
2014 13.88% 13.17% 0.09x 11.47x ZAC2.74 Billion
2015 13.69% 12.86% 0.09x 11.82x ZAC2.89 Billion
2016 12.52% 10.53% 0.10x 11.93x ZAC2.04 Billion
2017 13.25% 11.16% 0.11x 11.21x ZAC2.85 Billion
2018 14.80% 12.51% 0.10x 11.55x ZAC4.34 Billion
2019 13.10% 11.17% 0.10x 11.71x ZAC3.03 Billion
2020 4.40% 4.46% 0.08x 12.28x ZAC-5.60 Billion
2021 11.28% 12.92% 0.08x 11.21x ZAC1.40 Billion
2022 13.25% 13.42% 0.09x 10.88x ZAC3.75 Billion
2023 15.54% 11.15% 0.11x 12.16x ZAC5.97 Billion
2024 14.64% 11.34% 0.11x 11.33x ZAC5.80 Billion
2025 8.81% 5.74% 0.11x 13.89x ZAC-1.25 Billion

Industry Comparison

This section compares Nedbank Group Ltd's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $52,418,165,667
  • Average return on equity (ROE) among peers: 15.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nedbank Group Ltd (NED) ZAC105.17 Billion 6.32% 12.88x $6.61 Billion
Absa Group Ltd (ABG) $62.15 Billion 13.06% 10.53x $10.27 Billion
ABSA Bank Limited (ABSP) $57.26 Billion 15.25% 12.84x $4.29 Billion
Capitec Bank Holdings Ltd (CPI) $18.89 Billion 23.67% 3.50x $26.62 Billion
Investec Ltd (INL) $1.82 Billion 18.69% 13.45x $1.84 Billion
RMB Holdings Ltd (RMH) $21.74 Billion 11.43% 0.31x $34.71 Million
Standard Bank Group Ltd (SBK) $152.65 Billion 10.85% 10.08x $27.58 Billion

About Nedbank Group Ltd

JSE:NED South Africa Banks - Regional
Market Cap
$6.61 Billion
ZAC12.43 Trillion ZAC
Market Cap Rank
#2991 Global
#23 in South Africa
Share Price
ZAC26714.00
Change (1 day)
+0.95%
52-Week Range
ZAC20833.00 - ZAC31500.00
All Time High
ZAC31500.00
Categories
Companies in South Africa Banks - Regional Banking & Financial
About

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa, rest of Africa, Europe, Asia, the United States, and internationally. The company operates through Nedbank Corporate and Investment Banking; Nedbank Business and Commercial Banking; Nedbank Personal and Private Banking; Nedbank Africa Regions; and Centre segments. It offe… Read more