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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. While they are safely financed, they show below average growth, and 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 X-Large

Large companies - similar industry as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. Mitsubishi UFJ Financial (XXL, JP)  Diversified Banks
1. Mitsubishi UFJ Financial (XXL, JP)   Diversified Banks 39 87 70 86
2. OCBC Group (XL, SG)  Diversified Banks
2. OCBC Group (XL, SG)   Diversified Banks 59 39 94 86
3. Mizuho Financial (XL, JP)  Diversified Banks
3. Mizuho Financial (XL, JP)   Diversified Banks 51 97 46 84
4. Sumitomo Mitsui Financial Group (XL, JP)  Diversified Banks
4. Sumitomo Mitsui Financial Group (XL, JP)   Diversified Banks 55 100 34 78
5. CTBC Financial Holding (XL, TW)  Diversified Banks
5. CTBC Financial Holding (XL, TW)   Diversified Banks 31 99 56 76
6. UOB Group (XL, SG)  Diversified Banks
6. UOB Group (XL, SG)   Diversified Banks 49 33 98 68
7. Woori (XL, KR)  Diversified Banks
7. Woori (XL, KR)   Diversified Banks 100 59 10 60
8. KB Financial Group (XL, KR)  Diversified Banks
8. KB Financial Group (XL, KR)   Diversified Banks 75 41 42 58
9. Hana Financial (XL, KR)  Diversified Banks
9. Hana Financial (XL, KR)   Diversified Banks 95 27 18 44
10. Commonwealth Bank of Australia (XXL, AU)  Diversified Banks
10. Commonwealth Bank of Australia (XXL, AU)   Diversified Banks 3 69 64 36

December 19, 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 97 93 49 100
2. AGL (XL, AU)  Multi-Utilities
2. AGL (XL, AU)   Multi-Utilities 75 63 86 94
3. GrainCorp (XL, AU)  Food Distributors
3. GrainCorp (XL, AU)   Food Distributors 87 49 62 82
4. Suncorp (XL, AU)  Property & Casualty Insurance
4. Suncorp (XL, AU)   Property & Casualty Insurance 25 61 36 82
5. Metcash (XL, AU)  Food Distributors
5. Metcash (XL, AU)   Food Distributors 99 43 52 82
6. IAG (XL, AU)  Property & Casualty Insurance
6. IAG (XL, AU)   Property & Casualty Insurance 25 87 90 76
7. Medibank Private (XL, AU)  Life & Health Insurance
7. Medibank Private (XL, AU)   Life & Health Insurance 53 55 54 66
8. QBE (XXL, AU)  Property & Casualty Insurance
8. QBE (XXL, AU)   Property & Casualty Insurance 75 81 76 60
9. Northern Star Resources (XL, AU)  Gold Production
9. Northern Star Resources (XL, AU)   Gold Production 17 95 49 57
10. Bluescope Steel (XL, AU)  Steel
10. Bluescope Steel (XL, AU)   Steel 41 27 92 55

December 19, 2024


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Mid sized companies - similar industry as Westpac Banking

Similar Stocks VALUEVVV GROWTHVV SAFETYVV COMBINED
1. The 77 Bank (M, JP)  Regional Banks
1. The 77 Bank (M, JP)   Regional Banks 83 97 70 100
2. Mebuki Financial Group (L, JP)  Regional Banks
2. Mebuki Financial Group (L, JP)   Regional Banks 65 89 90 98
3. Yamaguchi Financial Group (M, JP)  Regional Banks
3. Yamaguchi Financial Group (M, JP)   Regional Banks 89 65 78 96
4. Hirogin Holdings (M, JP)  Regional Banks
4. Hirogin Holdings (M, JP)   Regional Banks 81 77 56 94
5. Hachijuni Bank (M, JP)  Regional Banks
5. Hachijuni Bank (M, JP)   Regional Banks 31 87 95 93
6. Fukuoka Financial (L, JP)  Regional Banks
6. Fukuoka Financial (L, JP)   Regional Banks 67 81 54 88
7. Nishi-Nippon Financial Holdings (M, JP)  Regional Banks
7. Nishi-Nippon Financial Holdings (M, JP)   Regional Banks 91 67 44 88
8. Hokuhoku Financial Group (M, JP)  Regional Banks
8. Hokuhoku Financial Group (M, JP)   Regional Banks 79 5 100 74
9. Kyushu Financial Group (M, JP)  Regional Banks
9. Kyushu Financial Group (M, JP)   Regional Banks 87 9 86 72
10. Resona (L, JP)  Regional Banks
10. Resona (L, JP)   Regional Banks 19 75 86 68

December 19, 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 59 79 90 96
2. Beach (L, AU)  Oil & Gas Production
2. Beach (L, AU)   Oil & Gas Production 93 55 84 96
3. Australian Finance Group (M, AU)  Thrifts & Mortgage Finance
3. Australian Finance Group (M, AU)   Thrifts & Mortgage Finance 65 65 75 95
4. Perseus (L, AU)  Gold Production
4. Perseus (L, AU)   Gold Production 55 69 94 94
5. Resolute Mining (M, AU)  Gold Production
5. Resolute Mining (M, AU)   Gold Production 89 63 64 92
6. OceanaGold (L, AU)  Gold Production
6. OceanaGold (L, AU)   Gold Production 67 100 45 86
7. Perenti (L, AU)  Diversified Metals & Mining
7. Perenti (L, AU)   Diversified Metals & Mining 93 71 46 86
8. Flight Centre Travel (L, AU)  Hotels, Resorts & Cruise Lines
8. Flight Centre Travel (L, AU)   Hotels, Resorts & Cruise Lines 81 75 38 84
9. Iluka Resources (L, AU)  Diversified Metals & Mining
9. Iluka Resources (L, AU)   Diversified Metals & Mining 63 45 98 84
10. G8 Education (M, AU)  Education Services
10. G8 Education (M, AU)   Education Services 91 79 23 79

December 19, 2024



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