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South African (JSE) Asset Management Industry Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies14
  • 7D0.03%
  • 3M4.6%
  • 1Y33.0%
  • YTDn/a

The Asset Management industry has been flat over the last week, but Alexander Forbes Group Holdings has lost 5.9%. As for the the longer term, the industry is up 33% over the past 12 months.

Industry Valuation and Performance

Has the South African Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Feb 2026R89.1bR23.4bR9.5b7.8x9.4x3.8x
Fri, 16 Jan 2026R87.2bR23.4bR9.5b7.4x9.2x3.7x
Sun, 14 Dec 2025R84.2bR23.4bR9.5b7.2x8.9x3.6x
Tue, 11 Nov 2025R84.2bR23.0bR10.5b9.2x8.1x3.7x
Thu, 09 Oct 2025R80.6bR22.4bR10.3b8.5x7.8x3.6x
Sat, 06 Sep 2025R75.7bR22.0bR7.5b7.4x10.1x3.4x
Mon, 04 Aug 2025R75.6bR22.0bR8.1b6.6x9.3x3.4x
Wed, 02 Jul 2025R77.5bR22.0bR8.1b6.9x9.6x3.5x
Fri, 30 May 2025R87.8bR24.5bR8.6b6.4x10.1x3.6x
Sun, 27 Apr 2025R81.8bR24.5bR8.7b6.1x9.4x3.3x
Tue, 25 Mar 2025R79.9bR23.9bR7.4b6.6x10.8x3.3x
Thu, 20 Feb 2025R79.2bR23.5bR7.1b9.8x11.1x3.4x
Sat, 18 Jan 2025R81.2bR23.5bR7.1b9.7x11.4x3.4x
Mon, 16 Dec 2024R80.4bR23.6bR4.8b12.9x16.9x3.4x
Wed, 13 Nov 2024R76.8bR22.3bR3.2b10.4x24x3.4x
Fri, 11 Oct 2024R74.1bR21.7bR3.1b11.2x23.6x3.4x
Sun, 08 Sep 2024R66.5bR22.0bR3.8b10.3x17.7x3x
Tue, 06 Aug 2024R61.4bR22.0bR4.9b9.6x12.5x2.8x
Thu, 04 Jul 2024R64.6bR22.0bR4.9b10.1x13.2x2.9x
Sat, 01 Jun 2024R58.2bR21.5bR5.1b10.2x11.4x2.7x
Mon, 29 Apr 2024R54.9bR21.3bR4.2b10.8x13x2.6x
Wed, 27 Mar 2024R54.5bR21.0bR3.0b10.6x17.9x2.6x
Fri, 23 Feb 2024R58.2bR20.4b-R520,631,000.0014.6x-111.7x2.9x
Sun, 21 Jan 2024R61.3bR24.4b-R147,838,000.0011.4x-414.7x2.5x
Tue, 19 Dec 2023R62.3bR24.4b-R147,838,000.0011.4x-421.6x2.6x
Thu, 16 Nov 2023R62.3bR25.8b-R1,126,450,977.0016.5x-55.3x2.4x
Sat, 14 Oct 2023R64.4bR26.2b-R837,128,977.0015.2x-76.9x2.5x
Mon, 11 Sep 2023R57.0bR23.8b-R2,836,819,977.0015.8x-20.1x2.4x
Wed, 09 Aug 2023R56.8bR24.1b-R2,400,034,977.0017.7x-23.7x2.4x
Fri, 07 Jul 2023R55.5bR24.1b-R2,400,034,977.0018.4x-23.1x2.3x
Sun, 04 Jun 2023R58.3bR24.0b-R895,818,000.0017.5x-65x2.4x
Tue, 02 May 2023R58.8bR24.1b-R188,855,786.0012.1x-311.4x2.4x
Thu, 30 Mar 2023R58.8bR23.8bR2.4b10.5x24.8x2.5x
Sat, 25 Feb 2023R69.6bR26.0bR4.2b9.3x16.4x2.7x
Price to Earnings Ratio

16.4x


Total Market Cap: R69.6bTotal Earnings: R4.2bTotal Revenue: R26.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Asset Management Industry Price to Earnings3Y Average -32.4x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Asset Management and Custody Banks 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 9.4x which is higher than its 3-year average PE of -32.4x.
  • The 3-year average PS ratio of 3.0x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have grown 31% per year over the last three years.
  • Meanwhile revenues for these companies have declined 3.5% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Asset Management compare with similar industries?

ZA Market0.68%
Financials2.27%
Capital Markets0.50%
Asset Management0.031%
Financial Exchanges and Data1.90%
Diversified Capital Markets0.71%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KST PSG Financial ServicesR27.882.3%
+R784.2m
51.6%PE24.1x
BAT BraitR2.300.9%
+R77.3m
15.0%PS18.8x
ZED Zeder InvestmentsR1.352.3%
+R46.2m
-12.9%PB0.8x
EPE EPE Capital PartnersR7.702.0%
+R37.3m
57.1%PE3.9x
MHB Mahube InfrastructureR6.030.3%
+R1.1m
31.7%PS6.7x

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