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South African (JSE) Asset Management Industry Analysis

UpdatedMay 30, 2025
DataAggregated Company Financials
Companies16
  • 7D2.9%
  • 3M10.9%
  • 1Y31.2%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 1.6%, driven by gains from PSG Financial Services of 4.0%. This takes the industry's 12 month performance to a gain of 29%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
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
Mon, 23 Jan 2023R68.9bR26.0bR4.2b9.4x16.2x2.6x
Wed, 21 Dec 2022R67.9bR26.0bR4.3b9.9x16x2.6x
Fri, 18 Nov 2022R67.6bR26.1bR9.6b7.9x7x2.6x
Sun, 16 Oct 2022R64.8bR27.2bR10.4b8x6.2x2.4x
Tue, 13 Sep 2022R66.4bR27.2bR10.8b8.5x6.2x2.4x
Thu, 11 Aug 2022R69.0bR27.0bR10.6b7.8x6.5x2.6x
Sat, 09 Jul 2022R67.5bR27.0bR9.3b9.5x7.3x2.5x
Mon, 06 Jun 2022R71.0bR27.9bR9.9b8.7x7.2x2.5x
Price to Earnings Ratio

7.2x


Total Market Cap: R71.0bTotal Earnings: R9.9bTotal Revenue: R27.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Asset Management Industry Price to Earnings3Y Average -32.4x202320242025
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 10.1x which is higher than its 3-year average PE of -32.4x.
  • 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 4.5% per year over the last three years,
  • Revenues have also declined 4.2% 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 Market2.01%
Financials3.06%
Capital Markets3.68%
Asset Management2.91%
Diversified Capital Markets4.48%
Financial Exchanges and Data1.70%
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 ServicesR20.804.0%
+R784.3m
27.5%PE20.4x
SYG SygniaR26.009.0%
+R327.2m
28.4%PE11.4x
CML Coronation Fund ManagersR39.452.2%
+R325.2m
15.7%PE6.9x
PPE Purple GroupR1.4615.9%
+R284.0m
97.3%PE43.7x
AFH Alexander Forbes Group HoldingsR9.002.3%
+R243.3m
40.6%PE18.7x
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Latest News

CML

R39.45

Coronation Fund Managers

7D

2.2%

1Y

15.7%

PPE

R1.46

Purple Group

7D

15.9%

1Y

97.3%

KST

R20.80

PSG Financial Services

7D

4.0%

1Y

27.5%

AFH

R9.00

Alexander Forbes Group Holdings

7D

2.3%

1Y

40.6%

MHB

R3.90

Mahube Infrastructure

7D

20.0%

1Y

-21.8%

BAT

R2.15

Brait

7D

2.4%

1Y

87.0%

EPE

R6.27

EPE Capital Partners

7D

3.5%

1Y

65.0%

TRE

R1.03

Trencor

7D

-3.7%

1Y

-86.1%