About
About FirstRand Limited
FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment and insurance products and solutions in South Africa, rest of Africa, the United Kingdom, rest of Europe, Asia, the Americas, and Australia. It operates in Retail and Commercial, Corporate and Institutional, and Centre segments. The company offers savings and investment products; mortgage loans and commercial property finance; credit and debit cards; personal loans; debtor and leveraged finance; securities-based lending; foreign exchange; funeral, credit life, life, and short term insurance policies; and various services, including transactional and deposit taking, card-acquiring, credit facilities, insurance, trust and fiduciary services, rewards programme, FNB Connect, merchant services, and cash management solutions. It also provides vehicle finance and fleet management; and value-added products and services related to vehicle ownership comprising maintenance and service plans, warranties, and credit life and shortfall cover. In addition, the company offers corporate finance, leveraged finance, resource sector solutions, infrastructure sector solutions, real estate finance, debt capital markets, debt trade solutions, sponsor services, corporate broking, loan syndications, coverage, advisory, corporate transactional banking, and principal investments, as well as market-making and financial risk management solutions. It serves retail, small and medium-sized enterprises, business, agriculture, medium corporate, and public sector entities. The company was incorporated in 1966 and is based in Sandton, South Africa.
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5 years, 5 months ago
FirstRand Limited is currently in a long term uptrend where the price is trading 20.2% above its 200 day moving average.
From a valuation standpoint, the stock is 93.9% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.7.
FirstRand Limited's total revenue sank by 0.0% to $24B since the same quarter in the previous year.
Its net income has dropped by 0.0% to $7B since the same quarter in the previous year.
Finally, its free cash flow fell by 60.0% to $-36B since the same quarter in the previous year.
Based on the above factors, FirstRand Limited gets an overall score of 2/5.