Analysis Article • Aug 15
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South African (JSE) Asset Management Industry Analysis
UpdatedAug 24, 2026
DataAggregated Company Financials
Companies12
- 7D-2.9%
- 3M-1.3%
- 1Y10.7%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 2.9%, driven by PSG Financial Services declining 3.8%. This takes the industry's 12 month performance to a gain of 11%.
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 |
|---|---|---|---|---|---|---|
| Mon, 24 Aug 2026 | R87.4b | R25.6b | R8.0b | 8.4x | 10.9x | 3.4x |
| Wed, 22 Jul 2026 | R88.1b | R25.6b | R8.0b | 7.4x | 11x | 3.4x |
| Fri, 19 Jun 2026 | R83.7b | R24.2b | R6.6b | 8.5x | 12.6x | 3.5x |
| Sun, 17 May 2026 | R81.8b | R23.8b | R6.9b | 9.5x | 11.8x | 3.4x |
| Tue, 14 Apr 2026 | R84.2b | R22.9b | R6.4b | 10.6x | 13.2x | 3.7x |
| Thu, 12 Mar 2026 | R82.9b | R23.2b | R6.7b | 10.6x | 12.4x | 3.6x |
| Sat, 07 Feb 2026 | R88.8b | R23.4b | R9.5b | 7.8x | 9.4x | 3.8x |
| Mon, 05 Jan 2026 | R86.8b | R23.4b | R9.5b | 7.3x | 9.2x | 3.7x |
| Wed, 03 Dec 2025 | R86.1b | R23.4b | R9.4b | 7.5x | 9.1x | 3.7x |
| Fri, 31 Oct 2025 | R83.2b | R23.0b | R10.5b | 8.8x | 8x | 3.6x |
| Sun, 28 Sep 2025 | R76.3b | R22.4b | R10.3b | 7.9x | 7.4x | 3.4x |
| Tue, 26 Aug 2025 | R78.4b | R22.0b | R7.5b | 7.1x | 10.4x | 3.6x |
| Thu, 24 Jul 2025 | R75.2b | R22.0b | R8.1b | 6.6x | 9.3x | 3.4x |
| Sat, 21 Jun 2025 | R73.2b | R22.0b | R8.1b | 6.7x | 9x | 3.3x |
| Mon, 19 May 2025 | R86.0b | R24.6b | R8.6b | 6.6x | 10x | 3.5x |
| Wed, 16 Apr 2025 | R79.0b | R24.0b | R8.6b | 6.1x | 9.2x | 3.3x |
| Fri, 14 Mar 2025 | R79.0b | R23.9b | R7.4b | 6.7x | 10.7x | 3.3x |
| Sun, 09 Feb 2025 | R79.0b | R23.5b | R7.1b | 9.8x | 11.1x | 3.4x |
| Tue, 07 Jan 2025 | R83.7b | R23.5b | R7.1b | 9.6x | 11.7x | 3.6x |
| Thu, 05 Dec 2024 | R79.8b | R23.3b | R4.7b | 13.7x | 17x | 3.4x |
| Sat, 02 Nov 2024 | R75.2b | R22.3b | R3.2b | 10.6x | 23.5x | 3.4x |
| Mon, 30 Sep 2024 | R74.0b | R21.7b | R3.1b | 10.4x | 23.6x | 3.4x |
| Wed, 28 Aug 2024 | R66.2b | R22.0b | R4.1b | 10.2x | 16.2x | 3x |
| Fri, 26 Jul 2024 | R62.0b | R22.0b | R4.9b | 10x | 12.6x | 2.8x |
| Sun, 23 Jun 2024 | R61.2b | R21.8b | R5.1b | 9.7x | 12.1x | 2.8x |
| Tue, 21 May 2024 | R56.6b | R21.3b | R4.2b | 11.2x | 13.4x | 2.7x |
| Thu, 18 Apr 2024 | R55.5b | R21.0b | R3.1b | 11x | 18.1x | 2.6x |
| Sat, 16 Mar 2024 | R54.7b | R21.0b | R3.0b | 11.4x | 18x | 2.6x |
| Mon, 12 Feb 2024 | R58.7b | R20.4b | -R520,631,000.00 | 14.5x | -112.8x | 2.9x |
| Wed, 10 Jan 2024 | R63.1b | R24.4b | -R147,838,000.00 | 12.2x | -426.6x | 2.6x |
| Fri, 08 Dec 2023 | R61.4b | R26.1b | R727.8m | 10.6x | 84.3x | 2.3x |
| Sun, 05 Nov 2023 | R62.3b | R25.8b | -R1,126,450,977.00 | 16.5x | -55.3x | 2.4x |
| Tue, 03 Oct 2023 | R63.1b | R25.9b | -R910,857,977.00 | 14x | -69.2x | 2.4x |
| Thu, 31 Aug 2023 | R57.2b | R23.8b | -R2,573,585,977.00 | 15.2x | -22.2x | 2.4x |
Price to Earnings Ratio
-22.2x
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 10.9x which is higher than its 3-year average PE of -17.0x.
- The industry is trading close to its 3-year average PS ratio of 3.2x.
Past Earnings Growth
- Total earnings for the Asset Management and Custody Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 2.5% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South African Asset Management compare with similar industries?
| ZA Market | 1.47% | |
| Financials | -1.86% | |
| Capital Markets | -4.76% | |
| Asset Management | -2.92% | |
| Investment Banking and Brokerage | 0% | 0 |
| Financial Exchanges and Data | -0.90% | |
| Diversified Capital Markets | -6.49% | |
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 | |
|---|---|---|---|---|---|
| CML Coronation Fund Managers | R42.73 | 0.3% +R45.4m | -1.4% | PE8.8x |