Alexander Forbes Group Holdings Limited's (JSE:AFH) Shareholders Might Be Looking For Exit
Oct 01
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South African (JSE) Asset Management Industry Analysis
UpdatedOct 01, 2025
DataAggregated Company Financials
Companies14
- 7D2.5%
- 3M4.0%
- 1Y22.8%
- YTDn/a
Over the last 7 days, the Asset Management industry has risen 2.5%, driven by gains from Alexander Forbes Group Holdings of 11%. This means that the industry has gained 23% over the past year.
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 |
|---|---|---|---|---|---|---|
| Wed, 01 Oct 2025 | R78.7b | R22.4b | R10.3b | 7.6x | 7.6x | 3.5x |
| Fri, 29 Aug 2025 | R76.9b | R22.0b | R7.5b | 7.5x | 10.2x | 3.5x |
| Sun, 27 Jul 2025 | R75.6b | R22.0b | R8.1b | 6.4x | 9.3x | 3.4x |
| Tue, 24 Jun 2025 | R73.3b | R22.0b | R8.1b | 6.8x | 9x | 3.3x |
| Thu, 22 May 2025 | R86.1b | R24.6b | R8.6b | 6.5x | 10x | 3.5x |
| Sat, 19 Apr 2025 | R78.7b | R24.5b | R8.7b | 6x | 9.1x | 3.2x |
| Mon, 17 Mar 2025 | R79.9b | R23.9b | R7.4b | 6.7x | 10.8x | 3.3x |
| Wed, 12 Feb 2025 | R78.5b | R23.5b | R7.1b | 10x | 11x | 3.3x |
| Fri, 10 Jan 2025 | R82.0b | R23.5b | R7.1b | 9.4x | 11.5x | 3.5x |
| Sun, 08 Dec 2024 | R80.2b | R23.6b | R4.8b | 13x | 16.9x | 3.4x |
| Tue, 05 Nov 2024 | R76.0b | R22.3b | R3.2b | 10.6x | 23.7x | 3.4x |
| Thu, 03 Oct 2024 | R73.5b | R21.7b | R3.1b | 10.2x | 23.4x | 3.4x |
| Sat, 31 Aug 2024 | R66.6b | R22.0b | R4.1b | 10.3x | 16.3x | 3x |
| Mon, 29 Jul 2024 | R62.3b | R22.0b | R4.9b | 9.8x | 12.7x | 2.8x |
| Wed, 26 Jun 2024 | R62.0b | R21.8b | R5.1b | 9.8x | 12.2x | 2.8x |
| Fri, 24 May 2024 | R57.5b | R21.4b | R4.9b | 10.3x | 11.7x | 2.7x |
| Sun, 21 Apr 2024 | R54.6b | R21.3b | R4.3b | 11x | 12.7x | 2.6x |
| Tue, 19 Mar 2024 | R52.6b | R21.0b | R3.0b | 11x | 17.3x | 2.5x |
| Thu, 15 Feb 2024 | R58.4b | R20.4b | -R520,631,000.00 | 14.5x | -112.1x | 2.9x |
| Sat, 13 Jan 2024 | R62.5b | R24.4b | -R147,838,000.00 | 12.1x | -423x | 2.6x |
| Mon, 11 Dec 2023 | R61.3b | R26.1b | R727.8m | 10.9x | 84.2x | 2.4x |
| Wed, 08 Nov 2023 | R61.0b | R25.8b | -R1,126,450,977.00 | 16.1x | -54.2x | 2.4x |
| Fri, 06 Oct 2023 | R62.0b | R25.9b | -R910,857,977.00 | 14.7x | -68x | 2.4x |
| Sun, 03 Sep 2023 | R56.7b | R23.8b | -R2,187,724,977.00 | 15.6x | -25.9x | 2.4x |
| Tue, 01 Aug 2023 | R57.1b | R24.1b | -R2,400,034,977.00 | 18.3x | -23.8x | 2.4x |
| Thu, 29 Jun 2023 | R54.7b | R24.1b | -R2,400,034,977.00 | 17.6x | -22.8x | 2.3x |
| Sat, 27 May 2023 | R58.5b | R24.0b | -R860,855,786.00 | 15.9x | -68x | 2.4x |
| Mon, 24 Apr 2023 | R58.0b | R24.1b | -R224,539,786.00 | 9.9x | -258.3x | 2.4x |
| Wed, 22 Mar 2023 | R57.3b | R23.8b | R2.4b | 10.1x | 24.2x | 2.4x |
| Fri, 17 Feb 2023 | R68.6b | R26.0b | R4.2b | 9.5x | 16.2x | 2.6x |
| Sun, 15 Jan 2023 | R69.5b | R26.0b | R4.2b | 9.6x | 16.4x | 2.7x |
| Tue, 13 Dec 2022 | R66.4b | R26.0b | R4.3b | 9.7x | 15.6x | 2.6x |
| Thu, 10 Nov 2022 | R66.3b | R27.2b | R10.4b | 8.7x | 6.4x | 2.4x |
| Sat, 08 Oct 2022 | R65.2b | R27.0b | R10.4b | 8.1x | 6.3x | 2.4x |
Price to Earnings Ratio
6.3x
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 7.6x which is higher than its 3-year average PE of -32.1x.
- The 3-year average PS ratio of 2.9x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 6.0% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Comparison
How does South African Asset Management compare with similar industries?
| ZA Market | 0.67% | |
| Financials | -2.34% | |
| Capital Markets | -0.18% | |
| Asset Management | 2.55% | |
| Financial Exchanges and Data | -0.90% | |
| Diversified Capital Markets | -2.00% | |
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 | |
|---|---|---|---|---|---|
| AFH Alexander Forbes Group Holdings | R7.69 | 11.4% +R991.1m | 9.7% | PE13.4x | |
| PPE Purple Group | R2.49 | 21.5% +R624.9m | 219.2% | PE74.5x | |
| BAT Brait | R2.13 | 3.9% +R309.0m | 45.9% | PE53.8x | |
| SYG Sygnia | R31.89 | 3.8% +R177.9m | 54.8% | PE13.2x | |
| ZED Zeder Investments | R1.35 | 4.7% +R92.4m | -31.5% | PB0.8x |
