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South African (JSE) Diversified Financial Industry Analysis

UpdatedMay 03, 2024
DataAggregated Company Financials
Companies7
  • 7D6.1%
  • 3M-5.5%
  • 1Y1.7%
  • YTD-12.3%

Over the last 7 days, the Diversified Financial industry has risen 6.1%, driven by gains from FirstRand of 6.2%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

Has the South African Diversified Financial Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 May 2024R441.7bR188.2bR38.1b9.6x11.6x2.3x
Sun, 31 Mar 2024R422.0bR188.7bR38.5b9.3x11x2.2x
Tue, 27 Feb 2024R454.5bR182.8bR43.1b10x10.6x2.5x
Thu, 25 Jan 2024R477.1bR182.8bR43.1b10.5x11.1x2.6x
Sat, 23 Dec 2023R493.0bR182.8bR43.1b10.9x11.4x2.7x
Mon, 20 Nov 2023R452.8bR182.6bR42.5b11.9x10.6x2.5x
Wed, 18 Oct 2023R431.6bR182.2bR42.2b14.2x10.2x2.4x
Fri, 15 Sep 2023R477.1bR210.7bR47.2b7.4x10.1x2.3x
Sun, 13 Aug 2023R500.6bR210.7bR47.2b7.9x10.6x2.4x
Tue, 11 Jul 2023R468.3bR210.7bR47.2b8.2x9.9x2.2x
Thu, 08 Jun 2023R448.0bR210.7bR47.5b8.1x9.4x2.1x
Sat, 06 May 2023R440.6bR210.5bR47.6b10.2x9.3x2.1x
Mon, 03 Apr 2023R420.5bR210.5bR47.6b9.7x8.8x2x
Wed, 01 Mar 2023R451.0bR195.7bR46.3b8.1x9.7x2.3x
Fri, 27 Jan 2023R445.7bR195.7bR46.3b7.9x9.6x2.3x
Sun, 25 Dec 2022R439.3bR195.7bR46.3b7.7x9.5x2.2x
Tue, 22 Nov 2022R448.4bR195.4bR47.0b9.2x9.6x2.3x
Thu, 20 Oct 2022R432.4bR195.4bR47.0b7.9x9.2x2.2x
Sat, 17 Sep 2022R436.0bR184.8bR39.9b7.7x10.9x2.4x
Mon, 15 Aug 2022R469.4bR184.6bR39.7b7.4x11.8x2.5x
Wed, 13 Jul 2022R433.4bR184.6bR39.7b7.2x10.9x2.3x
Fri, 10 Jun 2022R457.8bR184.5bR39.1b9.7x11.7x2.5x
Sun, 08 May 2022R450.5bR184.5bR39.2b9.3x11.5x2.4x
Tue, 05 Apr 2022R518.8bR184.5bR39.2b10.2x13.2x2.8x
Thu, 03 Mar 2022R555.3bR184.8bR35.6b8.6x15.6x3x
Sat, 29 Jan 2022R518.1bR184.8bR35.6b9.2x14.5x2.8x
Mon, 27 Dec 2021R496.7bR184.8bR35.6b9.3x13.9x2.7x
Wed, 24 Nov 2021R496.0bR184.5bR35.6b9.2x13.9x2.7x
Fri, 22 Oct 2021R481.1bR182.8bR34.6b9.8x13.9x2.6x
Sun, 19 Sep 2021R491.6bR174.2bR27.2b7.9x18.1x2.8x
Tue, 17 Aug 2021R483.7bR155.3bR14.5b14.7x33.5x3.1x
Tue, 01 Jun 2021R457.6bR155.3bR14.5b13x31.7x2.9x
Price to Earnings Ratio

29.6x


Total Market Cap: R427.3bTotal Earnings: R14.5bTotal Revenue: R155.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 13.2x202220232024
Current Industry PE
  • Investors are pessimistic on the South African Diversified Financial industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 11.6x which is lower than its 3-year average PE of 13.2x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 38% per year over the last three years.
  • Revenues for these companies have grown 6.6% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the South African Financials industry?

ZA Market3.08%
Financials4.90%
Diversified Financial6.10%
Other Diversified Financial Services6.23%
Multi-Sector Holdings5.54%
Transaction and Payment Processing Services2.56%
Specialized Finance0%
Industry PE
  • Investors are most optimistic about the Transaction and Payment Processing Services industry even though it's trading below its 3-year average PE ratio of 15.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Multi-Sector Holdings industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 9.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FSR FirstRandR65.032.3%
+R8.4b		2.7%PE9.6x
REM RemgroR122.543.1%
+R2.0b		-13.0%PS1.4x
ACT AfroCentric InvestmentR3.1017.0%
+R367.6m		-43.7%PE11x
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Latest News

ACT

R3.10

AfroCentric Investment

7D

17.0%

1Y

-43.7%

REM

R122.54

Remgro

7D

3.1%

1Y

-13.0%

SBP

R66.20

Sabvest Capital

7D

-1.9%

1Y

-13.5%

CTA

R1.16

Capital Appreciation

7D

-1.7%

1Y

-27.5%

FSR

R65.03

FirstRand

7D

2.3%

1Y

2.7%