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Financial Trends Australia CBA ASX · Financials LastA$174.03 JDS 44.3 A360 57.3
Financials ASX: CBA Australia LIVE

Commonwealth Bank of Australia

PriceA$174.03
Mkt capA$282.29bn
1Y return+3.5%
P / E28.0x
Div yield2.79%
52-week range
A$146.98A$185.59
Jones Dynamic ScoreWeak
44.3
α
Alpha360 ScoreModerate
57.3
The Jones Nebula

Eight Alpha360 factors, each scored 0 to 100 against every listed stock worldwide. The shape is the investment case at a glance. Understand the scores →

Valuation 12.4 Growth 27.9 Cap. Market Perf. 84.1 Financial Strength 40.1 Analyst Sentiment 17 Earnings Perf. 34.4 Operating Eff. 99.6 Cash Flow Perf. 40.9
Valuation 12.4 Growth 27.9 Cap. Market Perf. 84.1 Financial Strength 40.1 Analyst Sentiment 17 Earnings Perf. 34.4 Operating Eff. 99.6 Cash Flow Perf. 40.9

The Jones Overview

Commonwealth Bank of Australia (ASX: CBA) is the undisputed heavy hitter of the Australian market, functioning more like a proxy for the domestic economy than a typical financial stock. While investor materials heavily focus on its technology-led retail banking dominance and premium valuation, the reality is that CBA is structurally exposed to the nation's highly concentrated housing market. The company consistently protects its margins through sector-leading digital execution, but its massive scale limits aggressive domestic growth options, leaving it heavily reliant on the financial health of Aussie mortgage holders. Ultimately, CBA is a classic defensive yield play: if the broader Australian economy and property market remain resilient, it will continue to command its historic premium; if systemic macroeconomic pressures mount, its pure-play concentration leaves it with fewer places to hide compared to its globally diversified peers.

What is CBA's share price doing?

1D-0.2% 1W+3.5% 1M+8.3% 3M+2.6% 6M+19.3% 1Y+0.7% 3Y+68.6% 5Y+75.3% ALL+2,274.4%

How does Commonwealth Bank of Australia score on Alpha360?

The eight tabs below are the Alpha360 factor scores. Built on decades of academic research, Alpha360 grades Commonwealth Bank of Australia from 0 to 100 on each dimension against all listed stocks worldwide, so a reading in the 90s is genuinely top-tier rather than a pass mark, and the Jones Dynamic Score blends all eight into a single number. Each tab gives the score, a read of what it looks like in practice, and the numbers beneath it. Data updated 26 July 2026. General information only.

Valuation
12.4
Distressed

The Alpha360 valuation score weighs price against earnings, book value, cash flow and sales, ranked against all listed stocks worldwide. Commonwealth Bank of Australia screens as expensive against its sector, so investors are paying a premium over peers for each dollar of earnings, book value and cash flow. A PEG ratio of 4.74.

Multiples

Price / earnings 28.02x
Forward P / E 25.89x
PEG ratio 4.74
Price / book 3.77x
Price / sales –
Price / free cash flow 150.04x
EV / sales –
Enterprise value –

Size & income

Market cap A$282.29bn
Shares outstanding 1.67bn
Dividend yield 2.79%
Dividend / share A$4.85
52W range A$146.98 to A$185.59
Growth
27.9
Distressed

The Alpha360 growth score reads the multi-year trajectory of revenue, earnings and cash flow, rewarding durable compounding over one-off jumps. The top and bottom lines have been flat or contracting, so the business is not currently compounding.

Growth rates (3yr)

Revenue growth –
Net income growth 1.85%
Operating cash flow growth 1.05%
Market cap growth 18.34%

Earnings momentum

EPS momentum (1yr) 5.94%
EPS forecast change (3m) -0.46%
Capital Market Performance
84.1
Very strong

The Alpha360 capital-market score measures the shares' price strength and momentum against the market. The shares have outperformed with strong price momentum. That tends to attract further buying, but it also means a good deal of optimism may already sit in the price. Over the past year the shares are up 3.5%.

Price & momentum

Annual stock return 3.55%
Stock return (6m) 10.80%
Beta 0.96
10-day volume vs avg 0.10x
52W range A$146.98 to A$185.59
Financial Strength
40.1
Weak

The Alpha360 financial-strength score stress-tests the balance sheet, its leverage, liquidity and capacity to fund itself. The balance sheet is stretched: heavier debt or thin liquidity leaves the company more exposed if trading weakens or funding tightens.

Leverage & liquidity

Debt / equity 332.22
Current ratio –
Quick ratio –
Net debt / EBITDA 4.23
Total debt / assets 11.20%
Cash flow / debt 0.00
Interest coverage –
Market cap / liabilities 0.24
Distress risk (JDS) 44.3 (Weak)

Balance sheet

Revenue –
Total assets A$1.35t
Total equity A$78.78bn
Total liabilities A$1.28t
Total debt A$261.71bn
Net debt –
Cash & equivalents A$61.99bn
Working capital –
R&D expense –
SG&A expense A$11.87bn
Analyst Sentiment
17.0
Distressed

The Alpha360 analyst-sentiment score reads the direction of professional ratings, targets and forecasts. Analysts have been cooling on the name, trimming ratings, targets or forecasts.

Analyst coverage, consensus ratings and price targets sit inside the members' view, alongside our own rating on Commonwealth Bank of Australia.

Earnings Performance
34.4
Weak

The Alpha360 earnings score grades the quality, consistency and margin of profit, not just its headline size. Earnings are weak or erratic, with thin or negative margins, so profitability is currently unreliable. Net profit margin runs at 15.6%.

Margins

Gross margin –
EBIT margin 101.52%
EBITDA margin 106.39%
Operating margin –
Net profit margin 15.56%

Quality & returns

Return on equity 13.50%
Return on assets 0.79%
Earnings stability 0.82
EPS surprise -0.10%
Operating Efficiency
99.6
Elite

The Alpha360 efficiency score measures how much profit the business earns on each dollar of capital and revenue. The business turns capital and revenue into profit efficiently, earning strong returns on the money invested in it. Return on equity comes in at 13.5%.

Returns on capital

Return on equity 13.50%
Return on assets 0.79%
Return on capital employed –
Return on invested capital –
EBIT / total assets 2.15%

Operating margins

Operating margin –
EBIT margin 101.52%
Cash flow margin 40.26%
Cash Flow Performance
40.9
Weak

The Alpha360 cash-flow score gauges the strength and durability of the cash the business actually generates. Cash flow is weak or negative, so the company may need to raise capital or draw on reserves to fund itself. Cash flow returns come in at -0.1%.

Cash generation

Cash flow returns -0.06%
Free cash flow A$1.94bn
Free cash flow / share A$1.16
Operating cash flow / share –
Cash flow margin 40.26%
Capital expenditure -A$1.64bn

Coverage

Op cash flow growth (3yr) 1.05%
Cash flow / debt 0.00
The method

Every score on this page comes from Alpha360, the eight-factor model built by Professor Stewart Jones from three decades of published academic research, rescored weekly across more than 50,000 listed companies worldwide.

The research behind Alpha360 → Understand the scores → How Alpha360 works →
JDS vs. Financials Peers
Ranks 18 of 31 in Financials · ASX rank 848 of 1,760

This stock   Financial Trends Australia covered   Universe

Filings & Announcements

Questions

Common questions about CBA

What is Commonwealth Bank of Australia's Jones Dynamic Score?
Commonwealth Bank of Australia currently scores 44.3 (Weak) on the Jones Dynamic Score. The score is recalculated weekly from institutional-grade data.
Is CBA profitable?
Yes. Commonwealth Bank of Australia reports a net profit margin of 15.6% on the latest data. Return on equity is 13.5%.
Does CBA pay a dividend?
Yes. On the latest data Commonwealth Bank of Australia pays a dividend with a trailing yield of about 2.8% at the last close.
Is this personal financial advice?
No. Everything on this page is general information only. It does not take into account your objectives, financial situation or needs, and you should consider whether it is appropriate for you before acting on it. The full General Advice Warning is at the bottom of this page.
What does it cost to see your rating on Commonwealth Bank of Australia?
Nothing. Enter your details in the form on this page and our current rating unlocks instantly, along with a free one-on-one walkthrough of the research with our team if you want it. The full written research note is part of membership.
Who builds the scores?
The Jones Dynamic Score and the Alpha360 factor model were built in-house from three decades of academic research. The system scores companies across global markets and is refreshed weekly.
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General Advice Warning. The information provided by Financial Trends Australia is general in nature and does not take into account your personal objectives, financial situation or needs. It does not constitute personal financial advice. Before acting on any information, you should consider its appropriateness having regard to your own objectives, financial situation and needs, and seek independent professional advice. Where the information relates to a financial product, you should obtain and consider the relevant Product Disclosure Statement (PDS) or offer document before deciding to acquire the product. Past performance is not a reliable indicator of future performance. Financial Trends Australia Pty Ltd (ABN 65 091 191 472) is a Corporate Authorised Representative (AR No. 001320926) of MF & Co. Asset Management Pty Ltd (AFSL No. 520442).