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South African (JSE) Asset Management Industry Analysis

UpdatedApr 13, 2025
DataAggregated Company Financials
Companies16
  • 7D2.4%
  • 3M-5.5%
  • 1Y20.6%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 2.4%, driven by gains from PSG Financial Services of 3.9%. This takes the industry's 12 month performance to a gain of 21%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 13 Apr 2025R77.1bR24.0bR8.0b6.1x9.7x3.2x
Tue, 11 Mar 2025R77.4bR23.5bR7.1b7x10.8x3.3x
Thu, 06 Feb 2025R79.3bR23.5bR7.1b9.8x11.1x3.4x
Sat, 04 Jan 2025R83.4bR23.5bR7.1b9.4x11.7x3.5x
Mon, 02 Dec 2024R78.3bR23.3bR4.7b13.5x16.7x3.4x
Wed, 30 Oct 2024R75.0bR22.3bR3.2b10.5x23.4x3.4x
Fri, 27 Sep 2024R73.0bR21.7bR3.1b10.4x23.2x3.4x
Sun, 25 Aug 2024R65.8bR22.0bR4.1b10x16.1x3x
Tue, 23 Jul 2024R62.8bR22.0bR4.9b9.9x12.8x2.9x
Thu, 20 Jun 2024R61.3bR21.8bR5.1b9.4x12.1x2.8x
Sat, 18 May 2024R56.5bR21.3bR4.2b11.1x13.4x2.7x
Mon, 15 Apr 2024R55.0bR21.0bR3.0b10.9x18.1x2.6x
Wed, 13 Mar 2024R53.5bR20.3bR2.4b10.8x22.3x2.6x
Fri, 09 Feb 2024R58.2bR20.4b-R520,631,000.0014.5x-111.8x2.9x
Sun, 07 Jan 2024R63.0bR24.4b-R147,838,000.0012.5x-426x2.6x
Tue, 05 Dec 2023R60.8bR25.8bR582.0m11.4x104.5x2.4x
Thu, 02 Nov 2023R64.0bR26.2b-R784,128,977.0014.4x-81.7x2.4x
Sat, 30 Sep 2023R63.1bR25.9b-R910,857,977.0014.1x-69.2x2.4x
Mon, 28 Aug 2023R57.1bR23.8b-R2,573,585,977.0015x-22.2x2.4x
Wed, 26 Jul 2023R56.6bR24.1b-R2,400,034,977.0017.9x-23.6x2.4x
Fri, 23 Jun 2023R55.5bR24.1b-R2,400,034,977.0018x-23.1x2.3x
Sun, 21 May 2023R55.8bR24.1b-R188,855,786.0012.1x-295.7x2.3x
Tue, 18 Apr 2023R58.5bR24.1b-R224,539,786.009.9x-260.7x2.4x
Thu, 16 Mar 2023R67.2bR26.0bR4.2b8.9x15.8x2.6x
Sat, 11 Feb 2023R68.3bR26.0bR4.2b9.4x16.1x2.6x
Mon, 09 Jan 2023R68.1bR26.1bR4.3b9.6x15.7x2.6x
Wed, 07 Dec 2022R66.7bR26.0bR4.3b9.9x15.7x2.6x
Fri, 04 Nov 2022R65.8bR27.2bR10.4b8.3x6.3x2.4x
Sun, 02 Oct 2022R64.7bR26.9bR10.4b8x6.2x2.4x
Tue, 30 Aug 2022R67.1bR27.0bR10.6b7.5x6.4x2.5x
Thu, 28 Jul 2022R67.8bR27.0bR10.6b7.6x6.4x2.5x
Sat, 25 Jun 2022R69.4bR27.0bR9.3b9.8x7.5x2.6x
Mon, 23 May 2022R71.7bR28.2bR10.1b7.7x7.1x2.5x
Wed, 20 Apr 2022R79.4bR28.2bR10.1b8.9x7.9x2.8x
Price to Earnings Ratio

7.9x


Total Market Cap: R79.4bTotal Earnings: R10.1bTotal Revenue: R28.2bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Asset Management Industry Price to Earnings3Y Average -32.5x202320242025
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 9.7x which is higher than its 3-year average PE of -32.5x.
  • The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Asset Management and Custody Banks industry have declined 7.4% per year over the last three years,
  • Revenues have also declined 5.3% 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 Market5.78%
Financials3.87%
Capital Markets3.97%
Asset Management2.44%
Financial Exchanges and Data5.43%
Diversified Capital Markets5.08%
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 ServicesR17.783.9%
+R842.7m
19.7%PE19.2x
AIL African Rainbow Capital InvestmentsR9.313.8%
+R516.1m
83.3%PE6x
CML Coronation Fund ManagersR34.963.4%
+R441.4m
15.5%PE6.1x
BAT BraitR1.951.6%
+R115.9m
39.3%PE16.2x
SYG SygniaR22.002.5%
+R80.7m
11.7%PE9.7x
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Latest News

PPE

R1.06

Purple Group

7D

3.9%

1Y

51.4%

MTNZF

R8.00

MTN Zakhele Futhi (RF)

7D

-7.7%

1Y

-50.0%

ALV

R6.30

Altvest Capital

7D

-2.2%

1Y

n/a

EPE

R5.00

EPE Capital Partners

7D

-1.6%

1Y

23.2%

KST

R17.78

PSG Financial Services

7D

3.9%

1Y

19.7%

BAT

R1.95

Brait

7D

1.6%

1Y

39.3%

AIL

R9.31

African Rainbow Capital Investments

7D

3.8%

1Y

83.3%

AFH

R7.00

Alexander Forbes Group Holdings

7D

-2.8%

1Y

10.1%

YYLBEE

R22.00

YeboYethu (RF)

7D

7.1%

1Y

-6.4%

ZED

R1.48

Zeder Investments

7D

2.1%

1Y

-15.4%