South African (JSE) Asset Management Industry Analysis
UpdatedJun 02, 2023
DataAggregated Company Financials
Companies19
- 7D0.6%
- 3M-4.7%
- 1Y-5.6%
- YTD-2.9%
Over the last 7 days, the Asset Management industry has dropped 1.2%, driven by declines in Brait and PSG Konsult of 5.1% and 1.3%, respectively. Overall the industry is down 7.2% in 12 months.
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 |
|---|---|---|---|---|---|---|
| Fri, 02 Jun 2023 | R58.5b | R24.0b | -R860,855,786.00 | 16.2x | -68x | 2.4x |
| Sun, 30 Apr 2023 | R58.8b | R24.1b | -R188,855,786.00 | 12.1x | -311.4x | 2.4x |
| Tue, 28 Mar 2023 | R57.9b | R23.8b | R2.4b | 10.5x | 24.4x | 2.4x |
| Thu, 23 Feb 2023 | R68.5b | R26.0b | R4.2b | 9.2x | 16.2x | 2.6x |
| Sat, 21 Jan 2023 | R68.9b | R26.0b | R4.2b | 9.4x | 16.2x | 2.6x |
| Mon, 19 Dec 2022 | R67.5b | R26.0b | R4.3b | 9.9x | 15.9x | 2.6x |
| Wed, 16 Nov 2022 | R67.2b | R26.2b | R9.6b | 8x | 7x | 2.6x |
| Fri, 14 Oct 2022 | R61.1b | R27.2b | R10.4b | 8x | 5.9x | 2.2x |
| Sun, 11 Sep 2022 | R65.4b | R27.2b | R10.8b | 8.1x | 6.1x | 2.4x |
| Tue, 09 Aug 2022 | R69.0b | R27.0b | R10.6b | 7.8x | 6.5x | 2.6x |
| Thu, 07 Jul 2022 | R66.8b | R27.0b | R9.3b | 9.4x | 7.2x | 2.5x |
| Sat, 04 Jun 2022 | R71.0b | R27.9b | R9.9b | 8.7x | 7.2x | 2.5x |
| Mon, 02 May 2022 | R78.3b | R28.2b | R10.1b | 8.6x | 7.7x | 2.8x |
| Wed, 30 Mar 2022 | R80.4b | R27.6b | R11.2b | 7.2x | 7.1x | 2.9x |
| Fri, 25 Feb 2022 | R79.5b | R27.2b | R10.3b | 9.7x | 7.8x | 2.9x |
| Sun, 23 Jan 2022 | R86.6b | R27.2b | R10.2b | 10.2x | 8.5x | 3.2x |
| Tue, 21 Dec 2021 | R83.0b | R27.9b | R9.2b | 10.3x | 9x | 3x |
| Thu, 18 Nov 2021 | R81.2b | R26.8b | R8.3b | 11.6x | 9.8x | 3x |
| Sat, 16 Oct 2021 | R77.7b | R26.8b | R8.3b | 10.9x | 9.4x | 2.9x |
| Mon, 13 Sep 2021 | R68.1b | R25.9b | R7.5b | 10.3x | 9x | 2.6x |
| Wed, 11 Aug 2021 | R67.5b | R28.2b | R7.6b | 10.4x | 8.9x | 2.4x |
| Sun, 06 Jun 2021 | R69.6b | R28.0b | R7.4b | 11.4x | 9.4x | 2.5x |
| Wed, 10 Mar 2021 | R57.7b | R26.2b | R5.8b | 9.6x | 10x | 2.2x |
| Tue, 01 Dec 2020 | R53.5b | R25.7b | R4.2b | 9.7x | 12.7x | 2.1x |
| Fri, 04 Sep 2020 | R47.9b | R27.5b | R3.7b | 9x | 13x | 1.7x |
| Mon, 08 Jun 2020 | R44.6b | R29.1b | R2.5b | 8x | 17.7x | 1.5x |
Price to Earnings Ratio
17.7x
Current Industry PE
- Investors are relatively neutral on the South African Asset Management and Custody Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- Total earnings for the Asset Management and Custody Banks industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 6.2% per year, which is driving profits down.
Industry Comparison
How does South African Asset Management compare with similar industries?
| ZA Market | 0.30% | |
| Financials | -0.69% | |
| Capital Markets | 0.86% | |
| Asset Management | 0.62% | |
| Financial Exchanges and Data | 2.34% | |
| Diversified Capital Markets | 0.91% | |
| Investment Banking and Brokerage | 0% | |
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 | R32.22 | 3.2% +R349.8m | -14.5% | PE18.6x | |
| AFH Alexander Forbes Group Holdings | R5.60 | 3.9% +R259.6m | 32.4% | PE16.2x | |
| AIL African Rainbow Capital Investments | R6.25 | 2.1% +R174.8m | -4.9% | PB0.6x | |
| PPE Purple Group | R1.06 | 8.2% +R101.6m | -57.6% | PE86x | |
| ZED Zeder Investments | R1.73 | 1.2% +R30.8m | -8.0% | PE115.8x |