ATLASATLAS fair value
ZAR 283.16
Close to fair value · 3% premium
Range: ZAR 255–ZAR 311Fair valuePrice
Nedbank (NED.JSE)
Nedbank share price today, ATLAS forecast and fair value
Financial Services · Banks - Regional · Johannesburg Stock Exchange · South Africa
ZAR 291.97▲ +0.37%
Prices as of Oct 27, 2026 · ZAR
Chance of rising in 1 month
52%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Nedbank in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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On Nedbank
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates Nedbank's fair value at about ZAR 283.16 per share (reasonable range: ZAR 254.84 to ZAR 311.48). At ZAR 291.97, the stock trades within 8% of that figure: close to fair value.
It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Nedbank a 52% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between ZAR 281.29 and ZAR 305.18; in 9 out of 10, between ZAR 261.68 and ZAR 328.05. Estimated annual volatility is 23%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- ZAR 131B
- Market cap (USD)
- $7.9B
- P/E ratio
- 15.3
- Dividend yield
- 0.07%
- 52-week high
- ZAR 318.39
- 52-week low
- ZAR 231.74
- Revenue (12 months)
- ZAR 61.5B
- Operating margin
- 34.0%
- Net margin
- 14.3%
- Beta
- 0.37
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Nedbank sits close to fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks NED.JSE has traded between ZAR 231.74 and ZAR 318.39. Today it is 8.3% below that high and 26% above its low.
On the business: net margin is 14.3%; it trades at 15.3 times earnings.
Its beta is 0.37: it tends to move less than the market.
About the company
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.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Nedbank (NED.JSE) fair value?
About ZAR 283.16 per share according to ATLAS (reasonable range: ZAR 254.84 to ZAR 311.48). With the stock at ZAR 291.97, it is close to that value.
What is the chance NED.JSE goes up next month?
52%: close to a coin flip. In half of the simulated outcomes, NED.JSE ends the month between ZAR 281.29 and ZAR 305.18.
How big is Nedbank and what is its P/E ratio?
Nedbank's market capitalization is ZAR 131B. Its price-to-earnings (P/E) ratio is 15.3: you pay ZAR 15.3 for each ZAR 1.00 of yearly earnings.
Does Nedbank pay a dividend?
Yes. NED.JSE's current dividend yield is 0.07% at today's price (ZAR 291.97).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer