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South African (JSE) Asset Management Industry Analysis

UpdatedJun 17, 2025
DataAggregated Company Financials
Companies15
  • 7D-1.7%
  • 3M9.7%
  • 1Y25.4%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.5%, driven by a pullback from Coronation Fund Managers of 9.0%. Meanwhile, MTN Zakhele Futhi (RF) actually outperformed within the industry, gaining 47% in the last week. Over the past 12 months, the industry was up 25%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Jun 2025R72.9bR22.3bR6.3b7x11.5x3.3x
Thu, 15 May 2025R86.8bR24.6bR8.6b6.6x10x3.5x
Sat, 12 Apr 2025R77.1bR24.0bR8.0b6.1x9.7x3.2x
Mon, 10 Mar 2025R78.6bR23.5bR7.1b7x11x3.3x
Wed, 05 Feb 2025R79.0bR23.5bR7.1b9.7x11.1x3.4x
Fri, 03 Jan 2025R84.3bR23.5bR7.1b9.7x11.8x3.6x
Sun, 01 Dec 2024R78.3bR23.3bR4.7b13.5x16.7x3.4x
Tue, 29 Oct 2024R75.1bR22.3bR3.2b10.3x23.5x3.4x
Thu, 26 Sep 2024R72.4bR21.7bR3.1b10.2x23.1x3.3x
Sat, 24 Aug 2024R65.8bR22.0bR4.1b10x16.1x3x
Mon, 22 Jul 2024R63.0bR22.0bR4.9b9.9x12.8x2.9x
Wed, 19 Jun 2024R60.9bR21.8bR5.1b9.5x12x2.8x
Fri, 17 May 2024R57.0bR21.3bR4.2b11.1x13.5x2.7x
Sun, 14 Apr 2024R55.0bR21.0bR3.0b10.9x18.1x2.6x
Tue, 12 Mar 2024R53.8bR20.3bR2.4b11x22.5x2.6x
Thu, 08 Feb 2024R58.6bR20.4b-R520,631,000.0014.5x-112.6x2.9x
Sat, 06 Jan 2024R63.0bR24.4b-R147,838,000.0012.5x-426x2.6x
Mon, 04 Dec 2023R61.4bR25.8bR582.0m13x105.5x2.4x
Wed, 01 Nov 2023R64.0bR26.2b-R784,128,977.0014.4x-81.6x2.4x
Fri, 29 Sep 2023R63.0bR25.9b-R910,857,977.0014x-69.2x2.4x
Sun, 27 Aug 2023R57.1bR23.8b-R2,573,585,977.0015x-22.2x2.4x
Tue, 25 Jul 2023R56.4bR24.1b-R2,400,034,977.0017.6x-23.5x2.3x
Thu, 22 Jun 2023R55.3bR24.1b-R2,400,034,977.0017.9x-23x2.3x
Sat, 20 May 2023R55.8bR24.1b-R188,855,786.0012.1x-295.7x2.3x
Mon, 17 Apr 2023R58.4bR24.1b-R224,539,786.009.9x-260.1x2.4x
Wed, 15 Mar 2023R68.1bR26.0bR4.2b9.1x16.1x2.6x
Fri, 10 Feb 2023R68.7bR26.0bR4.2b9.5x16.2x2.6x
Sun, 08 Jan 2023R68.1bR26.1bR4.3b9.6x15.7x2.6x
Tue, 06 Dec 2022R67.1bR25.8bR4.3b9.9x15.7x2.6x
Thu, 03 Nov 2022R65.8bR27.2bR10.4b8.3x6.3x2.4x
Sat, 01 Oct 2022R64.7bR26.9bR10.4b8x6.2x2.4x
Mon, 29 Aug 2022R68.3bR27.0bR10.6b7.7x6.5x2.5x
Wed, 27 Jul 2022R67.2bR27.0bR10.6b7.6x6.4x2.5x
Fri, 24 Jun 2022R68.9bR27.0bR9.3b9.8x7.4x2.5x
Price to Earnings Ratio

7.4x


Total Market Cap: R68.9bTotal Earnings: R9.3bTotal Revenue: R27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Asset Management Industry Price to Earnings3Y Average -32.3x202320242025
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 11.5x which is higher than its 3-year average PE of -32.3x.
  • The 3-year average PS ratio of 2.8x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have declined 12% per year over the last three years,
  • Revenues have also declined 6.2% 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-1.76%
Financials-2.30%
Capital Markets-3.13%
Asset Management-1.73%
Financial Exchanges and Data-2.69%
Diversified Capital Markets-4.09%
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
MTNZF MTN Zakhele Futhi (RF)R16.1751.8%
+R681.3m
14.6%PE9.2x
SYG SygniaR29.328.6%
+R352.7m
40.3%PE12.2x
EPE EPE Capital PartnersR6.706.3%
+R99.6m
79.1%PE6.8x
PPE Purple GroupR1.435.1%
+R99.4m
85.7%PE42.8x
TRE TrencorR1.061.0%
+R1.7m
-85.1%PE0.3x
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Latest News

MHB

R3.01

Mahube Infrastructure

7D

-22.6%

1Y

-39.8%

AFH

R8.40

Alexander Forbes Group Holdings

7D

-6.7%

1Y

20.0%

MTNZF

R16.17

MTN Zakhele Futhi (RF)

7D

51.8%

1Y

14.6%

SYG

R29.32

Sygnia

7D

8.6%

1Y

40.3%

CML

R36.73

Coronation Fund Managers

7D

-9.7%

1Y

6.9%

RHB

R2.00

RH Bophelo

7D

-2.0%

1Y

-20.0%

BAT

R2.15

Brait

7D

-1.4%

1Y

144.3%

KST

R20.16

PSG Financial Services

7D

-2.4%

1Y

15.8%

ZED

R1.12

Zeder Investments

7D

-6.7%

1Y

-41.7%

YYLBEE

R26.15

YeboYethu (RF)

7D

-2.4%

1Y

24.5%

EPE

R6.70

EPE Capital Partners

7D

6.3%

1Y

79.1%

TRE

R1.06

Trencor

7D

1.0%

1Y

-85.1%