Sygnia (JSE:SYG) Is Increasing Its Dividend To ZAR1.27
Dec 07
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South African (JSE) Asset Management Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies16
- 7D4.5%
- 3M14.5%
- 1Y27.7%
- YTDn/a
In the last week, the Asset Management industry is up 1.7%, with African Rainbow Capital Investments up 27%. This means that the industry has gained 26% over the past year. As for the next few years, earnings are expected to grow by 20% per annum.
Industry Valuation and Performance
Has the South African Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | R84.0b | R23.6b | R4.8b | 13.3x | 17.7x | 3.6x |
| Mon, 18 Nov 2024 | R76.5b | R23.0b | R3.8b | 10.4x | 19.9x | 3.3x |
| Wed, 16 Oct 2024 | R74.7b | R21.7b | R3.1b | 10.4x | 24.3x | 3.4x |
| Fri, 13 Sep 2024 | R66.3b | R22.0b | R3.5b | 9.8x | 19.1x | 3x |
| Sun, 11 Aug 2024 | R61.8b | R22.0b | R4.2b | 9.8x | 14.8x | 2.8x |
| Tue, 09 Jul 2024 | R65.3b | R22.0b | R4.9b | 10.1x | 13.3x | 3x |
| Thu, 06 Jun 2024 | R58.4b | R21.5b | R5.2b | 9.8x | 11.3x | 2.7x |
| Sat, 04 May 2024 | R55.7b | R21.3b | R4.2b | 10.9x | 13.2x | 2.6x |
| Mon, 01 Apr 2024 | R55.1b | R21.0b | R3.0b | 10.9x | 18.1x | 2.6x |
| Wed, 28 Feb 2024 | R57.3b | R20.4b | -R520,631,000.00 | 14.4x | -110x | 2.8x |
| Fri, 26 Jan 2024 | R62.6b | R24.4b | -R147,838,000.00 | 11.4x | -423.6x | 2.6x |
| Sun, 24 Dec 2023 | R63.2b | R24.4b | -R147,838,000.00 | 12.2x | -427.3x | 2.6x |
| Tue, 21 Nov 2023 | R62.2b | R25.8b | -R1,126,450,977.00 | 16.2x | -55.2x | 2.4x |
| Thu, 19 Oct 2023 | R64.0b | R26.3b | -R784,128,977.00 | 14.4x | -81.6x | 2.4x |
| Sat, 16 Sep 2023 | R56.3b | R23.8b | -R2,836,819,977.00 | 15.1x | -19.8x | 2.4x |
| Mon, 14 Aug 2023 | R57.2b | R24.1b | -R2,400,034,977.00 | 18x | -23.9x | 2.4x |
| Wed, 12 Jul 2023 | R55.8b | R24.1b | -R2,400,034,977.00 | 18.2x | -23.3x | 2.3x |
| Fri, 09 Jun 2023 | R59.0b | R24.0b | -R896,444,000.00 | 17.8x | -65.9x | 2.5x |
| Sun, 07 May 2023 | R59.3b | R24.1b | -R188,855,786.00 | 12.4x | -313.7x | 2.5x |
| Tue, 04 Apr 2023 | R76.5b | R28.5b | R3.1b | 11.1x | 24.3x | 2.7x |
| Thu, 02 Mar 2023 | R69.3b | R26.0b | R4.2b | 9.6x | 16.3x | 2.7x |
| Sat, 28 Jan 2023 | R70.1b | R26.0b | R4.2b | 9.6x | 16.5x | 2.7x |
| Mon, 26 Dec 2022 | R67.4b | R26.0b | R4.3b | 9x | 15.8x | 2.6x |
| Wed, 23 Nov 2022 | R67.1b | R26.5b | R9.6b | 7.6x | 7x | 2.5x |
| Fri, 21 Oct 2022 | R64.5b | R27.2b | R10.4b | 8x | 6.2x | 2.4x |
| Sun, 18 Sep 2022 | R66.8b | R26.9b | R10.4b | 8.2x | 6.4x | 2.5x |
| Tue, 16 Aug 2022 | R69.7b | R27.0b | R10.6b | 8.1x | 6.6x | 2.6x |
| Thu, 14 Jul 2022 | R66.1b | R27.0b | R9.3b | 8.7x | 7.1x | 2.4x |
| Sat, 11 Jun 2022 | R69.3b | R28.0b | R10.0b | 7.5x | 7x | 2.5x |
| Mon, 09 May 2022 | R74.5b | R28.2b | R10.1b | 8x | 7.4x | 2.6x |
| Wed, 06 Apr 2022 | R79.4b | R27.6b | R11.2b | 7.2x | 7.1x | 2.9x |
| Fri, 04 Mar 2022 | R77.9b | R27.2b | R10.2b | 9.6x | 7.6x | 2.9x |
| Sun, 30 Jan 2022 | R84.6b | R27.3b | R10.3b | 10.1x | 8.2x | 3.1x |
| Tue, 28 Dec 2021 | R83.3b | R27.2b | R9.2b | 10.2x | 9x | 3.1x |
Price to Earnings Ratio
9x
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 17.4x which is higher than its 3-year average PE of -32.8x.
- The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have declined 20% per year over the last three years,
- Revenues have also declined 4.7% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Comparison
How does South African Asset Management compare with similar industries?
| ZA Market | -2.74% | |
| Financials | -2.95% | |
| Capital Markets | 0.46% | |
| Asset Management | 4.48% | |
| Investment Banking and Brokerage | 0% | |
| Financial Exchanges and Data | -1.34% | |
| Diversified Capital Markets | -2.26% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AIL African Rainbow Capital Investments | R9.50 | 26.7% +R3.0b | 90.0% | PE6.2x | |
| AFH Alexander Forbes Group Holdings | R8.30 | 14.5% +R1.3b | 24.1% | PE17.8x | |
| CML Coronation Fund Managers | R39.04 | 0.4% +R54.2m | 26.8% | PE6.9x | |
| TRE Trencor | R7.55 | 1.3% +R17.4m | 13.5% | PE45.2x | |
| RHB RH Bophelo | R2.94 | 0.7% +R1.3m | -2.0% | PE1x |