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ABG:JSEAbsa Group Limited Analysis

Data as of 2026-09-12 - not real-time

ZAC 22,748.00

Latest Price

3/10Risk

Risk Level: Low

Executive Summary

The moving-average structure behind Absa Group Limited is neutral at ZAC 22,748.00, with no clear ordering between short and long averages. Momentum indicators put RSI at 49.2 (neutral) with MACD reading bearish. Price has been bracketed by support at ZAC 21,825.00 and resistance at ZAC 23,442.00.
Multiples put this in undervalued territory: 8.1 times earnings against the sector's 16.2. Sell-side targets cluster 15.7% above the current quote. Revenue is growing at 4.8% on a 22.5% profit margin. The 7.49% dividend yield looks covered by current payout levels.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 17.7%, a beta of 0.01 and a maximum drawdown of 21.8%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
Timeframes disagree: the short-term read is hold while the long-term read is buy, conviction 4 out of 10.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 1/10

Key Factors

  • Trading below the 200-day average of 23644.38
  • MACD momentum is negative
  • Maximum drawdown of 21.8%

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • P/E of 8.1 versus sector average of 16.2
  • Trading below the 200-day average of 23644.38
  • Analyst targets imply +15.7% versus the current price

Long Term

> 3 years
Positive
Model confidence: 4/10

Key Factors

  • P/E of 8.1 versus sector average of 16.2
  • Analyst targets imply +15.7% versus the current price
  • Profit margin of 22.5% is healthy

Key Metrics & Analysis

Financial Health

Revenue Growth4.80%
Profit Margin22.53%
P/E Ratio8.1
ROE13.90%
ROA1.20%
P/B Ratio1.1
Op. Cash FlowZAC-50029998080
Industry P/E16.2

Technical Analysis

TrendNeutral
RSI49.2
SupportZAC 21,825.00
ResistanceZAC 23,442.00
MA 20ZAC 22,773.25
MA 50ZAC 22,443.04
MA 200ZAC 23,644.38
MACDBearish
VolumeDecreasing
Fear & Greed Index93.14

Valuation

Target PriceZAC 26,325.90
Upside/Downside15.73%
GradeUndervalued
TypeValue
Dividend Yield7.49%

Risk Assessment

Beta0.01
Volatility17.75%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.