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Alternative stocks to Westpac Banking (ASX:WBC)


These are the alternatives to Westpac Banking that fall within the same industry, Diversified Banks, or region, Australia.

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For every stock, we judge its performance against its peers and rank it on a scale of 1 to 100. The higher the rank, the better the stock performs than its peers. And, we do this for six investment strategies:

Value - shows how good of a value the stock is. Green is "inexpensive"; red is "expensive".

Growth - shows a company's growth potential. Green is "high growth" expected; red is "tough times ahead".

Safety - relates to the amount of debt a company has. Green is low debt level; red is high debt level.

Combined Financial - this isn't an average of the first three ranks but rather a consolidated view across several financial indicators. Green = good; red = tread carefully.

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See Westpac Banking Performance

Westpac Banking stock research in summary

westpac.com.au


Westpac Banking shares are more expensive than other comparable stocks. They are safely financed and show above average growth, but are poor value. We recommend evaluating whether the future of the company Westpac Banking is really as positive as the high price of the shares suggests. If you come to the conclusion that the future for this company is only average, that could be a reason to sell this share.


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Country Australia
Industry Diversified Banks
Index
Size class XX-Large

Large companies - similar industry as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. CTBC Financial Holding (XXL, TW)  Diversified Banks
1. CTBC Financial Holding (XXL, TW)   Diversified Banks 37 100 58 88
2. Mizuho Financial (XXL, JP)  Diversified Banks
2. Mizuho Financial (XXL, JP)   Diversified Banks 51 97 46 86
3. Mitsubishi UFJ Financial (XXL, JP)  Diversified Banks
3. Mitsubishi UFJ Financial (XXL, JP)   Diversified Banks 39 85 68 84
4. SMTH (XXL, JP)  Diversified Banks
4. SMTH (XXL, JP)   Diversified Banks 59 93 34 80
5. UOB Group (XXL, SG)  Diversified Banks
5. UOB Group (XXL, SG)   Diversified Banks 51 35 98 72
6. Woori (XXL, KR)  Diversified Banks
6. Woori (XXL, KR)   Diversified Banks 99 67 18 72
7. OCBC Group (XXL, SG)  Diversified Banks
7. OCBC Group (XXL, SG)   Diversified Banks 63 19 92 70
8. Heartland Group (XXL, NZ)  Diversified Banks
8. Heartland Group (XXL, NZ)   Diversified Banks 95 61 24 66
9. Sumitomo Mitsui Financial Group (XXL, JP)  Diversified Banks
9. Sumitomo Mitsui Financial Group (XXL, JP)   Diversified Banks 45 99 36 66
10. KB Financial Group (XXL, KR)  Diversified Banks
10. KB Financial Group (XXL, KR)   Diversified Banks 71 45 42 56

November 21, 2024

Why popular stocks have low ratings

It’s easier said than done. When your stock drops, it’s easy to want to sell it and find a better performer. Think twice, or even three times, before trading. Those fees (especially the hidden ones) can eat up your gains.

Large companies - similar region as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Downer EDI (XL, AU)  Diversified Support Services
1. Downer EDI (XL, AU)   Diversified Support Services 87 95 55 100
2. GrainCorp (XL, AU)  Food Distributors
2. GrainCorp (XL, AU)   Food Distributors 83 59 63 84
3. Suncorp (XL, AU)  Property & Casualty Insurance
3. Suncorp (XL, AU)   Property & Casualty Insurance 29 53 36 82
4. AGL (XL, AU)  Multi-Utilities
4. AGL (XL, AU)   Multi-Utilities 77 27 86 80
5. IAG (XL, AU)  Property & Casualty Insurance
5. IAG (XL, AU)   Property & Casualty Insurance 29 77 90 76
6. Metcash (XL, AU)  Food Distributors
6. Metcash (XL, AU)   Food Distributors 95 27 52 72
7. MyState (XXL, AU)  Thrifts & Mortgage Finance
7. MyState (XXL, AU)   Thrifts & Mortgage Finance 81 99 3 71
8. Medibank Private (XL, AU)  Life & Health Insurance
8. Medibank Private (XL, AU)   Life & Health Insurance 55 39 54 66
9. Origin Energy (XL, AU)  Electric Utilities
9. Origin Energy (XL, AU)   Electric Utilities 55 61 53 61
10. QBE (XXL, AU)  Property & Casualty Insurance
10. QBE (XXL, AU)   Property & Casualty Insurance 71 87 76 60

November 21, 2024


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Mid sized companies - similar industry as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Australian Finance Group (M, AU)  Thrifts & Mortgage Finance
1. Australian Finance Group (M, AU)   Thrifts & Mortgage Finance 61 73 77 95
2. Insignia Financial (L, AU)  Asset Management & Custody
2. Insignia Financial (L, AU)   Asset Management & Custody 69 75 39 84
3. Humm (M, AU)  Consumer Finance
3. Humm (M, AU)   Consumer Finance 83 85 1 72
4. Perpetual (M, AU)  Asset Management & Custody
4. Perpetual (M, AU)   Asset Management & Custody 61 11 84 57
5. Steadfast Group (M, AU)  Insurance Brokers
5. Steadfast Group (M, AU)   Insurance Brokers 15 53 59 37
6. NIB (L, AU)  Life & Health Insurance
6. NIB (L, AU)   Life & Health Insurance 81 19 20 36
7. ASX (M, AU)  Financial Exchanges & Data
7. ASX (M, AU)   Financial Exchanges & Data 15 43 82 34
8. Magellan Financial Group (M, AU)  Asset Management & Custody
8. Magellan Financial Group (M, AU)   Asset Management & Custody 35 9 80 20
9. Zip Co (M, AU)  Consumer Finance
9. Zip Co (M, AU)   Consumer Finance 9 100 1 14
10. Eclipx Group (M, AU)  Consumer Finance
10. Eclipx Group (M, AU)   Consumer Finance 51 1 49 8

November 21, 2024


Mid sized companies - similar region as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. West African Resources (M, AU)  Gold Production
1. West African Resources (M, AU)   Gold Production 53 77 90 98
2. Australian Finance Group (M, AU)  Thrifts & Mortgage Finance
2. Australian Finance Group (M, AU)   Thrifts & Mortgage Finance 61 73 77 95
3. Perseus (M, AU)  Gold Production
3. Perseus (M, AU)   Gold Production 61 63 94 94
4. Beach (L, AU)  Oil & Gas Production
4. Beach (L, AU)   Oil & Gas Production 93 59 84 94
5. Resolute Mining (M, AU)  Gold Production
5. Resolute Mining (M, AU)   Gold Production 89 67 64 92
6. Flight Centre Travel (M, AU)  Hotels, Resorts & Cruise Lines
6. Flight Centre Travel (M, AU)   Hotels, Resorts & Cruise Lines 75 87 38 90
7. Ansell (L, AU)  Health Care Supplies
7. Ansell (L, AU)   Health Care Supplies 53 87 47 88
8. Perenti (L, AU)  Diversified Metals & Mining
8. Perenti (L, AU)   Diversified Metals & Mining 97 65 48 86
9. OceanaGold (M, AU)  Gold Production
9. OceanaGold (M, AU)   Gold Production 65 100 45 86
10. Iluka Resources (L, AU)  Diversified Metals & Mining
10. Iluka Resources (L, AU)   Diversified Metals & Mining 55 53 98 84

November 21, 2024



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