Nedbank Group (JSE:NED) Altman Z2-Score


JSE:NED Nedbank Group Ltd JSE:NED
81 GF Score
Price R273.74
GF Value R277.08
Valuation Fairly Valued
! 2 Warning Signs
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What is Nedbank Group Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.

JSE:NED
81GF Score
Nedbank Group Ltd JSE:NED
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Nedbank Group (JSE:NED) Overvalued in 2026?

Based on GuruFocus' analysis, Nedbank Group stock appears to be undervalued. The current stock price of R273.74 is trading 1.2% below its estimated GF Value™ of R277.08. GuruFocus considers Nedbank Group to be Fairly Valued.

Key valuation signals for JSE:NED:

  • Altman Z2-Score:
  • GF Value™: R277.08 vs. price of R273.74 (1.2% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the JSE:NED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nedbank Group Business Description

Address 135 Rivonia Road, Nedbank 135 Rivonia Campus, Sandown, Sandton, Johannesburg, GT, ZAF, 2196
Nedbank Group Ltd is a financial services provider that offers corporate, retail, and investment banking services; insurance; asset management; and wealth management. It operates predominantly in South Africa. Net interest income from lending activities accounts for roughly half of the company's total revenue. Its operating segments include Nedbank Corporate and Investment Banking, Nedbank Business and Commercial Banking, Nedbank Personal and Private Banking and Nedbank Africa Regions.
81GF Score

Get the complete analysis for JSE:NED

Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R273.74
Price
R277.08
GF Value