View ValuationSanlam 将来の成長Future 基準チェック /16Sanlamの収益は年間106.7%で減少すると予測されていますが、年間利益は年間13.1%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に18.8% 11.4%なると予測されています。主要情報13.1%収益成長率11.40%EPS成長率Insurance 収益成長2.0%収益成長率-106.7%将来の株主資本利益率18.84%アナリストカバレッジGood最終更新日21 May 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 22Sanlam Limited to Report Q1, 2026 Results on May 21, 2026Sanlam Limited announced that they will report Q1, 2026 results on May 21, 2026お知らせ • Mar 26Sanlam Limited, Annual General Meeting, Jun 10, 2026Sanlam Limited, Annual General Meeting, Jun 10, 2026.お知らせ • Mar 25Sanlam Ltd Appoints Theo Mabaso as Group Chief AI OfficerSanlam Ltd. has appointed Theo Mabaso as group chief AI officer, elevating artificial intelligence (AI) to the centre of the insurance giant's enterprise strategy. The move signals a shift by the financial services group to operationalise AI at scale, embedding it across underwriting, claims, financial advice and client engagement. It also introduces a more formalised governance layer, with dedicated oversight, structured investment and clearer capital allocation aligned to AI-driven initiatives. While retaining his role as group chief technology and information officer, Mabaso will drive and govern the firm's overall AI strategy, as it transitions from experimentation to execution. He has been instrumental in modernising Sanlam's technology stack and laying the groundwork for enterprise-wide AI adoption. His appointment builds on that foundation, positioning AI as a core lever for competitive differentiation, operational efficiency and long-term resilience. In 2025, he contributed to the B20 South Africa Digital Transformation Task Force, focusing on the role of technology in driving inclusive growth. The creation of a group chief AI officer role reflects a growing trend among large financial institutions to institutionalise AI leadership at executive level, particularly as regulatory scrutiny intensifies and the technology's impact on decision-making becomes more material.お知らせ • Mar 13Sanlam Limited announces Annual dividend, payable on April 13, 2026Sanlam Limited announced Annual dividend of ZAR 4.8500 per share payable on April 13, 2026, ex-date on April 08, 2026 and record date on April 10, 2026.お知らせ • Feb 07Sanlam Limited to Report Fiscal Year 2025 Results on Mar 12, 2026Sanlam Limited announced that they will report fiscal year 2025 results at 9:00 AM, South Africa Standard Time on Mar 12, 2026お知らせ • Sep 02Sanlam Limited to Report First Half, 2025 Results on Sep 04, 2025Sanlam Limited announced that they will report first half, 2025 results on Sep 04, 2025お知らせ • Mar 27Sanlam Limited, Annual General Meeting, Jun 04, 2025Sanlam Limited, Annual General Meeting, Jun 04, 2025.お知らせ • Mar 07Sanlam Limited announces Annual dividend, payable on April 07, 2025Sanlam Limited announced Annual dividend of ZAR 4.4500 per share payable on April 07, 2025, ex-date on April 02, 2025 and record date on April 04, 2025.お知らせ • Feb 20Sanlam Limited to Report Fiscal Year 2024 Results on Mar 06, 2025Sanlam Limited announced that they will report fiscal year 2024 results on Mar 06, 2025お知らせ • Feb 03Sanlam Limited and Sanlam Life Insurance Limited Announce Step Down of Thembisa Skweyiya as Non-Executive Director and Member of the Customer Interest Committee, Risk and Compliance Committee, Non-Executive Directors Committee and Independent Non-Executive Directors CommitteeSanlam Limited announced that Ms Thembisa Skweyiya has, for personal reasons, stepped down as a non-executive director of both the Sanlam Limited and Sanlam Life (Sanlam Life Insurance Limited) boards as well as a member of the Customer Interest Committee, Risk and Compliance Committee, Non-Executive Directors Committee and Independent Non-Executive Directors Committee, with immediate effect.お知らせ • Aug 08Sanlam Limited to Report Q2, 2024 Results on Sep 05, 2024Sanlam Limited announced that they will report Q2, 2024 results on Sep 05, 2024Buy Or Sell Opportunity • Jul 01Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €4.02. The fair value is estimated to be €5.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 79% per annum. Earnings are forecast to grow by 13% per annum over the same time period.Buy Or Sell Opportunity • Jun 29Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €3.84. The fair value is estimated to be €4.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 79% per annum. Earnings are forecast to grow by 13% per annum over the same time period.New Risk • Jun 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin).Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €4.28, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.33 per share.お知らせ • Jun 08Sanlam Limited Announces Board and Committee ChangesSanlam Limited at its AGM held on June 5, 2024 approved appointment of Temba Mvusi as independent non-executive director and Kobus Möller and Ndivhuwo Manyonga as members of the Audit Committee. Composition of audit committee: Andrew Birrell, Nicolaas Kruger, Mathukana Mokoka, Kobus Möller, Karabo Nondumo and Ndivhuwo Manyonga.Upcoming Dividend • Mar 27Upcoming dividend of R4.00 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 08 April 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.1%).Reported Earnings • Mar 11Full year 2023 earnings released: EPS: R5.63 (vs R5.44 in FY 2022)Full year 2023 results: EPS: R5.63 (up from R5.44 in FY 2022). Revenue: R199.0b (up 114% from FY 2022). Net income: R11.6b (up 4.0% from FY 2022). Profit margin: 5.8% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 35% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 8.9%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Declared Dividend • Mar 10Dividend of R4.00 announcedShareholders will receive a dividend of R4.00. Ex-date: 3rd April 2024 Payment date: 8th April 2024 Dividend yield will be 114%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.お知らせ • Mar 06Sanlam Limited, Annual General Meeting, Jun 05, 2024Sanlam Limited, Annual General Meeting, Jun 05, 2024.Buying Opportunity • Jan 17Now 20% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be €4.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%.お知らせ • Dec 29Sanlam Limited and Sanlam Life Insurance Limited Announce Resignation of Heinie Werth as Executive Director with Effect from 31 December 2023Sanlam Limited announced that In accordance with paragraphs 3.59 and 6.39 of the JSE Limited Listings and Debt Listings Requirements, following the successful completion of the SanlamAllianz transaction to form the SanlamAllianz JV, Mr. Heinie Werth has been appointed as CEO of SAZ JV. Mr. Werth is therefore stepping down from both the Sanlam and Sanlam Life Boards as an executive director with effect from 31 December 2023 to focus on management of the SAZ JV on behalf of Sanlam and Allianz. The Sanlam and Sanlam Life Boards have expressed its deep gratitude to Heinie Werth for his service and for 25 years at Sanlam, where he has had a distinguished career including serving inter alia as Group Finance Director and as CEO of Sanlam Emerging Markets. The Board wishes Mr. Werth the best for his new role in driving the SAZ JV on the continent.Buying Opportunity • Dec 02Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €4.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.お知らせ • Nov 22Sanlam Limited Appoints Nicolaas Kruger as Member of the Nominations CommitteeSanlam Limited announced that Mr. Nicolaas Kruger (independent non-executive director of the company) has been appointed as a member of the Nominations Committee with immediate effect.Buying Opportunity • Nov 08Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €4.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.Recent Insider Transactions • Oct 16Non Executive Director recently sold €3.4m worth of stockOn the 12th of October, Johan van Zyl sold around 1m shares on-market at roughly €3.44 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.5m more than they bought in the last 12 months.Buying Opportunity • Oct 13Now 21% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be €4.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.New Risk • Jun 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.お知らせ • Jun 21Sanlam Limited to Report Fiscal Year 2023 Results on Mar 07, 2024Sanlam Limited announced that they will report fiscal year 2023 results on Mar 07, 2024Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.27 per share.Upcoming Dividend • Mar 28Upcoming dividend of R3.60 per share at 6.4% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.7%).Reported Earnings • Mar 10Full year 2022 earnings releasedFull year 2022 results: Revenue: R93.1b (down 57% from FY 2021). Net income: R11.2b (up 18% from FY 2021). Profit margin: 12% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in Germany.お知らせ • Jan 11BCorp in Talks MCIS Insurance for Asset AcquisitionBerjaya Corporation Berhad (KLSE:BJCORP) (BCorp) is in talks with MCIS Insurance Berhad to acquire the latter's life insurance arm, MCIS Life. The group informed Bursa Malaysia Securities in a filing on January 10, 2023 that it is "in the midst of negotiation for the proposed acquisition of a controlling stake in MCIS Insurance Bhd". Sanlam Limited (JSE:SLM) Ltd. holds a 51% stake in MCIS Life, while Koperasi MCIS Bhd holds another 44.39% equity interest in the life insurance company. In December 2022, BCorp announced that its founder and major shareholder Tan Sri Vincent Tan Chee Yioun intends to pare his shareholding in the group to not more than 19.6% by end-January 2023. This, the group said, was to facilitate the potential acquisition of a financial institution. According to Section 92 of the Financial Services Act, individuals shall hold no more than a 10% stake in a financial institution.Reported Earnings • Sep 09First half 2022 earnings released: EPS: R2.74 (vs R1.80 in 1H 2021)First half 2022 results: EPS: R2.74 (up from R1.80 in 1H 2021). Revenue: R9.41b (down 91% from 1H 2021). Net income: R5.30b (up 43% from 1H 2021). Profit margin: 56% (up from 3.7% in 1H 2021). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Sanlam Limited to Report Fiscal Year 2022 Results on Mar 09, 2023Sanlam Limited announced that they will report fiscal year 2022 results on Mar 09, 2023Upcoming Dividend • Mar 30Upcoming dividend of R3.34 per shareEligible shareholders must have bought the stock before 06 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of German dividend payers (3.7%). In line with average of industry peers (4.5%).Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to €4.06, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.54 per share.Reported Earnings • Sep 12First half 2021 earnings released: EPS R1.80 (vs R1.71 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R99.4b (up 99% from 1H 2020). Net income: R3.72b (up R7.25b from 1H 2020). Profit margin: 3.7% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 31Upcoming dividend of R3.00 per shareEligible shareholders must have bought the stock before 07 April 2021. Payment date: 12 April 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.1%).Is New 90 Day High Low • Mar 16New 90-day high: €3.64The company is up 15% from a price of €3.16 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Insurance industry, which is up 10.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €3.25 per share.Reported Earnings • Mar 13Full year 2020 earnings released: EPS R1.39 (vs R3.46 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: R129.8b (down 18% from FY 2019). Net income: R2.86b (down 60% from FY 2019). Profit margin: 2.2% (down from 4.5% in FY 2019). Combined ratio: 84.4% (up from 79.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Feb 10New 90-day high: €3.38The company is up 10.0% from its price of €3.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.52 per share.Is New 90 Day High Low • Dec 10New 90-day high: €3.16The company is up 14% from its price of €2.78 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.81 per share.Is New 90 Day High Low • Oct 31New 90-day low: €2.44The company is down 20% from its price of €3.04 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.79 per share.Is New 90 Day High Low • Sep 23New 90-day low: €2.52The company is down 14% from its price of €2.94 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.74 per share.業績と収益の成長予測DB:LA6A - アナリストの将来予測と過去の財務データ ( )ZAR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202729,66221,299N/AN/A112/31/202628,18318,59816,462N/A112/31/2025244,79715,94112,81913,599N/A9/30/2025239,58817,83314,28915,205N/A6/30/2025232,43719,59115,75916,811N/A3/31/2025219,07919,29614,91915,963N/A12/31/2024207,66219,13314,07915,114N/A9/30/2024193,90217,6296,4437,342N/A6/30/2024180,14216,124-1,194-431N/A3/31/2024186,12313,604-3,573-2,693N/A12/31/2023192,10411,084-5,953-4,956N/A9/30/2023185,37911,0532,6833,851N/A6/30/2023178,65311,02111,31912,658N/A3/31/2023141,19711,12413,48214,688N/A12/31/2022103,74111,22715,64516,717N/A9/30/2022115,87110,84816,89817,773N/A6/30/2022128,00010,46818,15018,829N/A3/31/2022161,1329,74711,54012,172N/A12/31/2021194,2639,0264,9295,515N/A9/30/2021181,4848,317-1,731-938N/A6/30/2021168,7047,607-8,391-7,391N/A3/31/2021149,0744,163-3,378-2,509N/A12/31/2020129,4437181,6352,372N/A9/30/2020126,7264508,5098,877N/A6/30/2020124,00918215,38215,382N/A3/31/2020140,8523,66615,06815,068N/A12/31/2019157,6957,15014,75314,753N/A9/30/2019138,4088,583N/A14,447N/A6/30/2019119,12010,016N/A14,140N/A3/31/201998,97810,822N/A15,872N/A12/31/201878,83511,627N/A17,604N/A9/30/201895,62211,367N/A16,422N/A6/30/2018112,40911,106N/A15,240N/A3/31/2018115,21711,015N/A13,857N/A12/31/2017118,02510,923N/A12,474N/A9/30/2017102,7719,948N/A21,524N/A6/30/201787,5168,973N/A30,573N/A3/31/201788,3909,298N/A25,537N/A12/31/201689,2649,623N/A20,500N/A9/30/201689,9129,914N/A24,784N/A6/30/201690,56010,205N/A29,067N/A3/31/201688,9659,798N/A33,497N/A12/31/201587,3709,391N/A37,926N/A9/30/201589,3829,142N/A37,859N/A6/30/201591,3938,893N/A37,792N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: LA6Aの予測収益成長率 (年間13.1% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: LA6Aの収益 ( 13.1% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: LA6Aの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: LA6Aの収益は今後 3 年間で減少すると予想されています (年間-106.7% )。高い収益成長: LA6Aの収益は今後 3 年間で減少すると予測されています (年間-106.7% )。一株当たり利益成長率予想将来の株主資本利益率将来のROE: LA6Aの 自己資本利益率 は、3年後には低くなると予測されています ( 18.8 %)。成長企業の発掘7D1Y7D1Y7D1YInsurance 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/24 17:35終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Sanlam Limited 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。13 アナリスト機関Francois Du ToitAnchor Stockbrokers Proprietary LimitedAdrienne DamantAvior Capital MarketsHarry BothaBofA Global Research10 その他のアナリストを表示
お知らせ • May 22Sanlam Limited to Report Q1, 2026 Results on May 21, 2026Sanlam Limited announced that they will report Q1, 2026 results on May 21, 2026
お知らせ • Mar 26Sanlam Limited, Annual General Meeting, Jun 10, 2026Sanlam Limited, Annual General Meeting, Jun 10, 2026.
お知らせ • Mar 25Sanlam Ltd Appoints Theo Mabaso as Group Chief AI OfficerSanlam Ltd. has appointed Theo Mabaso as group chief AI officer, elevating artificial intelligence (AI) to the centre of the insurance giant's enterprise strategy. The move signals a shift by the financial services group to operationalise AI at scale, embedding it across underwriting, claims, financial advice and client engagement. It also introduces a more formalised governance layer, with dedicated oversight, structured investment and clearer capital allocation aligned to AI-driven initiatives. While retaining his role as group chief technology and information officer, Mabaso will drive and govern the firm's overall AI strategy, as it transitions from experimentation to execution. He has been instrumental in modernising Sanlam's technology stack and laying the groundwork for enterprise-wide AI adoption. His appointment builds on that foundation, positioning AI as a core lever for competitive differentiation, operational efficiency and long-term resilience. In 2025, he contributed to the B20 South Africa Digital Transformation Task Force, focusing on the role of technology in driving inclusive growth. The creation of a group chief AI officer role reflects a growing trend among large financial institutions to institutionalise AI leadership at executive level, particularly as regulatory scrutiny intensifies and the technology's impact on decision-making becomes more material.
お知らせ • Mar 13Sanlam Limited announces Annual dividend, payable on April 13, 2026Sanlam Limited announced Annual dividend of ZAR 4.8500 per share payable on April 13, 2026, ex-date on April 08, 2026 and record date on April 10, 2026.
お知らせ • Feb 07Sanlam Limited to Report Fiscal Year 2025 Results on Mar 12, 2026Sanlam Limited announced that they will report fiscal year 2025 results at 9:00 AM, South Africa Standard Time on Mar 12, 2026
お知らせ • Sep 02Sanlam Limited to Report First Half, 2025 Results on Sep 04, 2025Sanlam Limited announced that they will report first half, 2025 results on Sep 04, 2025
お知らせ • Mar 27Sanlam Limited, Annual General Meeting, Jun 04, 2025Sanlam Limited, Annual General Meeting, Jun 04, 2025.
お知らせ • Mar 07Sanlam Limited announces Annual dividend, payable on April 07, 2025Sanlam Limited announced Annual dividend of ZAR 4.4500 per share payable on April 07, 2025, ex-date on April 02, 2025 and record date on April 04, 2025.
お知らせ • Feb 20Sanlam Limited to Report Fiscal Year 2024 Results on Mar 06, 2025Sanlam Limited announced that they will report fiscal year 2024 results on Mar 06, 2025
お知らせ • Feb 03Sanlam Limited and Sanlam Life Insurance Limited Announce Step Down of Thembisa Skweyiya as Non-Executive Director and Member of the Customer Interest Committee, Risk and Compliance Committee, Non-Executive Directors Committee and Independent Non-Executive Directors CommitteeSanlam Limited announced that Ms Thembisa Skweyiya has, for personal reasons, stepped down as a non-executive director of both the Sanlam Limited and Sanlam Life (Sanlam Life Insurance Limited) boards as well as a member of the Customer Interest Committee, Risk and Compliance Committee, Non-Executive Directors Committee and Independent Non-Executive Directors Committee, with immediate effect.
お知らせ • Aug 08Sanlam Limited to Report Q2, 2024 Results on Sep 05, 2024Sanlam Limited announced that they will report Q2, 2024 results on Sep 05, 2024
Buy Or Sell Opportunity • Jul 01Now 20% undervaluedOver the last 90 days, the stock has risen 20% to €4.02. The fair value is estimated to be €5.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 79% per annum. Earnings are forecast to grow by 13% per annum over the same time period.
Buy Or Sell Opportunity • Jun 29Now 22% undervaluedOver the last 90 days, the stock has risen 13% to €3.84. The fair value is estimated to be €4.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%. For the next 3 years, revenue is forecast to decline by 79% per annum. Earnings are forecast to grow by 13% per annum over the same time period.
New Risk • Jun 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.1% average weekly change). Profit margins are more than 30% lower than last year (6.0% net profit margin).
Valuation Update With 7 Day Price Move • Jun 19Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €4.28, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.33 per share.
お知らせ • Jun 08Sanlam Limited Announces Board and Committee ChangesSanlam Limited at its AGM held on June 5, 2024 approved appointment of Temba Mvusi as independent non-executive director and Kobus Möller and Ndivhuwo Manyonga as members of the Audit Committee. Composition of audit committee: Andrew Birrell, Nicolaas Kruger, Mathukana Mokoka, Kobus Möller, Karabo Nondumo and Ndivhuwo Manyonga.
Upcoming Dividend • Mar 27Upcoming dividend of R4.00 per shareEligible shareholders must have bought the stock before 03 April 2024. Payment date: 08 April 2024. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.1%).
Reported Earnings • Mar 11Full year 2023 earnings released: EPS: R5.63 (vs R5.44 in FY 2022)Full year 2023 results: EPS: R5.63 (up from R5.44 in FY 2022). Revenue: R199.0b (up 114% from FY 2022). Net income: R11.6b (up 4.0% from FY 2022). Profit margin: 5.8% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 35% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 8.9%. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Mar 10Dividend of R4.00 announcedShareholders will receive a dividend of R4.00. Ex-date: 3rd April 2024 Payment date: 8th April 2024 Dividend yield will be 114%, which is higher than the industry average of 3.8%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
お知らせ • Mar 06Sanlam Limited, Annual General Meeting, Jun 05, 2024Sanlam Limited, Annual General Meeting, Jun 05, 2024.
Buying Opportunity • Jan 17Now 20% undervaluedOver the last 90 days, the stock is up 4.2%. The fair value is estimated to be €4.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%.
お知らせ • Dec 29Sanlam Limited and Sanlam Life Insurance Limited Announce Resignation of Heinie Werth as Executive Director with Effect from 31 December 2023Sanlam Limited announced that In accordance with paragraphs 3.59 and 6.39 of the JSE Limited Listings and Debt Listings Requirements, following the successful completion of the SanlamAllianz transaction to form the SanlamAllianz JV, Mr. Heinie Werth has been appointed as CEO of SAZ JV. Mr. Werth is therefore stepping down from both the Sanlam and Sanlam Life Boards as an executive director with effect from 31 December 2023 to focus on management of the SAZ JV on behalf of Sanlam and Allianz. The Sanlam and Sanlam Life Boards have expressed its deep gratitude to Heinie Werth for his service and for 25 years at Sanlam, where he has had a distinguished career including serving inter alia as Group Finance Director and as CEO of Sanlam Emerging Markets. The Board wishes Mr. Werth the best for his new role in driving the SAZ JV on the continent.
Buying Opportunity • Dec 02Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €4.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.
お知らせ • Nov 22Sanlam Limited Appoints Nicolaas Kruger as Member of the Nominations CommitteeSanlam Limited announced that Mr. Nicolaas Kruger (independent non-executive director of the company) has been appointed as a member of the Nominations Committee with immediate effect.
Buying Opportunity • Nov 08Now 22% undervaluedOver the last 90 days, the stock is up 12%. The fair value is estimated to be €4.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.
Recent Insider Transactions • Oct 16Non Executive Director recently sold €3.4m worth of stockOn the 12th of October, Johan van Zyl sold around 1m shares on-market at roughly €3.44 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.5m more than they bought in the last 12 months.
Buying Opportunity • Oct 13Now 21% undervaluedOver the last 90 days, the stock is up 8.5%. The fair value is estimated to be €4.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 57%. Revenue is forecast to decline by 32% in 2 years. Earnings is forecast to grow by 40% in the next 2 years.
New Risk • Jun 25New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
お知らせ • Jun 21Sanlam Limited to Report Fiscal Year 2023 Results on Mar 07, 2024Sanlam Limited announced that they will report fiscal year 2023 results on Mar 07, 2024
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €2.27 per share.
Upcoming Dividend • Mar 28Upcoming dividend of R3.60 per share at 6.4% yieldEligible shareholders must have bought the stock before 04 April 2023. Payment date: 11 April 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.4%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (4.7%).
Reported Earnings • Mar 10Full year 2022 earnings releasedFull year 2022 results: Revenue: R93.1b (down 57% from FY 2021). Net income: R11.2b (up 18% from FY 2021). Profit margin: 12% (up from 4.4% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Insurance industry in Germany.
お知らせ • Jan 11BCorp in Talks MCIS Insurance for Asset AcquisitionBerjaya Corporation Berhad (KLSE:BJCORP) (BCorp) is in talks with MCIS Insurance Berhad to acquire the latter's life insurance arm, MCIS Life. The group informed Bursa Malaysia Securities in a filing on January 10, 2023 that it is "in the midst of negotiation for the proposed acquisition of a controlling stake in MCIS Insurance Bhd". Sanlam Limited (JSE:SLM) Ltd. holds a 51% stake in MCIS Life, while Koperasi MCIS Bhd holds another 44.39% equity interest in the life insurance company. In December 2022, BCorp announced that its founder and major shareholder Tan Sri Vincent Tan Chee Yioun intends to pare his shareholding in the group to not more than 19.6% by end-January 2023. This, the group said, was to facilitate the potential acquisition of a financial institution. According to Section 92 of the Financial Services Act, individuals shall hold no more than a 10% stake in a financial institution.
Reported Earnings • Sep 09First half 2022 earnings released: EPS: R2.74 (vs R1.80 in 1H 2021)First half 2022 results: EPS: R2.74 (up from R1.80 in 1H 2021). Revenue: R9.41b (down 91% from 1H 2021). Net income: R5.30b (up 43% from 1H 2021). Profit margin: 56% (up from 3.7% in 1H 2021). The increase in margin was driven by lower expenses. Revenue is expected to decline by 2.9% p.a. on average during the next 3 years, while revenues in the Insurance industry in Germany are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Sanlam Limited to Report Fiscal Year 2022 Results on Mar 09, 2023Sanlam Limited announced that they will report fiscal year 2022 results on Mar 09, 2023
Upcoming Dividend • Mar 30Upcoming dividend of R3.34 per shareEligible shareholders must have bought the stock before 06 April 2022. Payment date: 11 April 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Within top quartile of German dividend payers (3.7%). In line with average of industry peers (4.5%).
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to €4.06, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 10x in the Insurance industry in Germany. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.54 per share.
Reported Earnings • Sep 12First half 2021 earnings released: EPS R1.80 (vs R1.71 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R99.4b (up 99% from 1H 2020). Net income: R3.72b (up R7.25b from 1H 2020). Profit margin: 3.7% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 31Upcoming dividend of R3.00 per shareEligible shareholders must have bought the stock before 07 April 2021. Payment date: 12 April 2021. Trailing yield: 5.0%. Within top quartile of German dividend payers (3.3%). Higher than average of industry peers (4.1%).
Is New 90 Day High Low • Mar 16New 90-day high: €3.64The company is up 15% from a price of €3.16 on 16 December 2020. Outperformed the German market which is up 9.0% over the last 90 days. Exceeded the Insurance industry, which is up 10.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at €3.25 per share.
Reported Earnings • Mar 13Full year 2020 earnings released: EPS R1.39 (vs R3.46 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: R129.8b (down 18% from FY 2019). Net income: R2.86b (down 60% from FY 2019). Profit margin: 2.2% (down from 4.5% in FY 2019). Combined ratio: 84.4% (up from 79.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Feb 10New 90-day high: €3.38The company is up 10.0% from its price of €3.08 on 11 November 2020. The German market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Insurance industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.52 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €3.16The company is up 14% from its price of €2.78 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.81 per share.
Is New 90 Day High Low • Oct 31New 90-day low: €2.44The company is down 20% from its price of €3.04 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.79 per share.
Is New 90 Day High Low • Sep 23New 90-day low: €2.52The company is down 14% from its price of €2.94 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.74 per share.