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South African (JSE) Asset Management Industry Analysis

UpdatedAug 15, 2025
DataAggregated Company Financials
Companies14
  • 7D1.1%
  • 3M9.0%
  • 1Y32.9%
  • YTDn/a

In the last week, the Asset Management industry is up 1.1%, with Alexander Forbes Group Holdings up 3.7%. In the last 12 months, the industry was up 33%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 16 Aug 2025R77.1bR22.0bR7.5b7x10.2x3.5x
Mon, 14 Jul 2025R76.5bR22.0bR8.1b6.9x9.4x3.5x
Wed, 11 Jun 2025R73.7bR22.3bR6.3b6.4x11.6x3.3x
Fri, 09 May 2025R84.8bR24.5bR8.6b6.3x9.8x3.5x
Sun, 06 Apr 2025R75.3bR23.9bR8.0b5.9x9.4x3.1x
Tue, 04 Mar 2025R77.9bR23.5bR7.1b6.9x10.9x3.3x
Thu, 30 Jan 2025R79.2bR23.5bR7.1b9.8x11.1x3.4x
Sat, 28 Dec 2024R82.2bR23.6bR4.8b13.1x17.3x3.5x
Mon, 25 Nov 2024R77.3bR23.2bR4.7b8.5x16.4x3.3x
Wed, 23 Oct 2024R75.0bR22.3bR3.2b10.2x23.4x3.4x
Fri, 20 Sep 2024R67.3bR21.7bR3.1b9.8x21.4x3.1x
Sun, 18 Aug 2024R62.7bR22.0bR4.1b10x15.3x2.9x
Tue, 16 Jul 2024R65.8bR22.0bR4.9b10.1x13.4x3x
Thu, 13 Jun 2024R59.5bR21.9bR5.1b9.3x11.7x2.7x
Sat, 11 May 2024R57.0bR21.3bR4.2b11.5x13.5x2.7x
Mon, 08 Apr 2024R54.1bR21.0bR3.0b10.5x17.8x2.6x
Wed, 06 Mar 2024R57.2bR20.4b-R520,631,000.0014.4x-109.9x2.8x
Fri, 02 Feb 2024R62.4bR24.4b-R147,838,000.0011.5x-421.8x2.6x
Sun, 31 Dec 2023R63.0bR24.4b-R147,838,000.0012.1x-426.1x2.6x
Tue, 28 Nov 2023R61.2bR25.9b-R1,092,450,977.0014.9x-56.1x2.4x
Thu, 26 Oct 2023R64.2bR26.2b-R784,128,977.0015.3x-81.9x2.4x
Sat, 23 Sep 2023R63.5bR25.9b-R851,819,977.0013.6x-74.6x2.5x
Mon, 21 Aug 2023R57.2bR23.9b-R2,573,585,977.0014.6x-22.2x2.4x
Wed, 19 Jul 2023R56.1bR24.1b-R2,400,034,977.0017.8x-23.4x2.3x
Fri, 16 Jun 2023R60.7bR24.2b-R780,444,000.0018.7x-77.8x2.5x
Sun, 14 May 2023R56.8bR24.1b-R188,855,786.0012.7x-300.8x2.4x
Tue, 11 Apr 2023R58.6bR23.8bR2.4b10.4x24.7x2.5x
Thu, 09 Mar 2023R69.3bR26.0bR4.2b9.3x16.3x2.7x
Sat, 04 Feb 2023R70.8bR26.0bR4.2b9.9x16.7x2.7x
Mon, 02 Jan 2023R68.0bR26.0bR4.3b9.4x16x2.6x
Wed, 30 Nov 2022R67.1bR25.9bR4.4b9.4x15.4x2.6x
Fri, 28 Oct 2022R65.5bR27.2bR10.4b8.5x6.3x2.4x
Sun, 25 Sep 2022R66.4bR26.9bR10.4b8x6.4x2.5x
Tue, 23 Aug 2022R67.7bR27.0bR10.6b7.8x6.4x2.5x
Price to Earnings Ratio

6.4x


Total Market Cap: R67.7bTotal Earnings: R10.6bTotal Revenue: R27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Asset Management Industry Price to Earnings3Y Average -32.2x202320242025
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 10.2x which is higher than its 3-year average PE of -32.2x.
  • The 3-year average PS ratio of 2.8x 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 11% per year over the last three years,
  • Revenues have also declined 6.6% 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 Market1.80%
Financials3.74%
Capital Markets0.30%
Asset Management1.07%
Diversified Capital Markets-0.054%
Financial Exchanges and Data-1.47%
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
AFH Alexander Forbes Group HoldingsR8.393.7%
+R376.4m
22.7%PE14.6x
ZED Zeder InvestmentsR1.4014.8%
+R277.1m
-29.3%PB0.8x
BAT BraitR2.202.3%
+R193.1m
150.0%PE55.5x
SYG SygniaR29.303.7%
+R159.6m
45.0%PE12.1x
PPE Purple GroupR1.855.1%
+R127.8m
137.2%PE55.4x

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