ANZ Group (ANZ.AX)
Financials · ASX · Australia
Fundamentals
Valuation and ratings
ANZ Group trades at A$36.16, which is 35% above the A$23.60 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 42 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 18.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
About ANZ Group
ANZ Group Holdings Limited engages in the provision of banking and financial products and services to retail and business customers in Australia and internationally. The company operates through three segments: Personal, Business & Agri, and Institutional. It offers banking and wealth management services to consumer and private banking customers; banking services to small and medium enterprises, and the agricultural business. The company also provides loan products, loan syndication, specialized loan structuring and execution, project and export finance, debt structuring and acquisition finance, and finance solutions; working capital and liquidity solutions, including documentary trade, supply chain financing, commodity financing, as well as cash management solutions, deposits, payments, and clearing. In addition, it offers risk management services in foreign exchange, interest rates, credit, commodities, and debt capital markets. The company provides its services through internet and app-based digital solutions, a network of branches, mortgage specialists, private bankers, and contact centers. ANZ Group Holdings Limited was founded in 1835 and is based in Melbourne, Australia.
ANZ.AX passes 4 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is ANZ Group (ANZ.AX) undervalued?
Against our discounted cash flow estimate of A$23.60, ANZ.AX at A$36.16 is 35% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is ANZ.AX's P/E ratio?
ANZ.AX trades at 18.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.