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South African (JSE) Diversified Financial Industry Analysis

UpdatedMar 16, 2026
DataAggregated Company Financials
Companies7
  • 7D0.04%
  • 3M0.9%
  • 1Y18.7%
  • YTD-2.2%

The Diversified Financial is pretty flat in the last 7 days, but Remgro has stood out, gaining 4.5%. The past year has been better, since the industry has gained 19% in that time. As for the next few years, earnings are expected to grow by 14% per annum.

Industry Valuation and Performance

Has the South African Diversified Financial Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Mar 2026R599.8bR204.6bR47.5b9.9x12.6x2.9x
Thu, 12 Feb 2026R643.7bR199.1bR46.1b10.5x14x3.2x
Sat, 10 Jan 2026R619.7bR199.0bR46.4b10.6x13.4x3.1x
Mon, 08 Dec 2025R591.8bR199.0bR46.4b9.9x12.8x3x
Wed, 05 Nov 2025R558.8bR198.7bR46.3b10x12.1x2.8x
Fri, 03 Oct 2025R538.7bR198.7bR46.3b10.1x11.6x2.7x
Sun, 31 Aug 2025R519.2bR195.6bR47.1b10x11x2.7x
Tue, 29 Jul 2025R521.3bR195.7bR47.2b10x11x2.7x
Thu, 26 Jun 2025R513.3bR195.7bR47.2b10.5x10.9x2.6x
Sat, 24 May 2025R498.5bR195.5bR47.1b10.1x10.6x2.6x
Mon, 21 Apr 2025R480.4bR195.5bR47.1b10.2x10.2x2.5x
Wed, 19 Mar 2025R504.6bR193.7bR40.7b11.1x12.4x2.6x
Fri, 14 Feb 2025R506.9bR191.2bR39.4b19.7x12.9x2.7x
Sun, 12 Jan 2025R509.5bR191.3bR39.5b12.1x12.9x2.7x
Tue, 10 Dec 2024R546.5bR191.3bR39.5b12.7x13.8x2.9x
Thu, 07 Nov 2024R524.2bR191.2bR39.5b12.4x13.3x2.7x
Sat, 05 Oct 2024R553.4bR191.2bR39.5b12x14x2.9x
Mon, 02 Sep 2024R571.6bR188.5bR38.1b10.9x15x3x
Wed, 31 Jul 2024R537.1bR188.5bR38.1b10.2x14.1x2.8x
Fri, 28 Jun 2024R493.6bR188.5bR38.1b10x12.9x2.6x
Sun, 26 May 2024R461.0bR188.3bR38.1b10x12.1x2.4x
Tue, 23 Apr 2024R410.2bR188.2bR38.1b9.7x10.8x2.2x
Thu, 21 Mar 2024R427.6bR188.7bR38.9b9.5x11x2.3x
Sat, 17 Feb 2024R452.1bR182.8bR43.1b9.9x10.5x2.5x
Mon, 15 Jan 2024R491.4bR182.8bR43.1b10.8x11.4x2.7x
Wed, 13 Dec 2023R458.9bR182.8bR42.5b10.6x10.8x2.5x
Fri, 10 Nov 2023R439.8bR182.6bR42.5b11.5x10.3x2.4x
Sun, 08 Oct 2023R443.3bR182.2bR42.2b14.4x10.5x2.4x
Tue, 05 Sep 2023R507.0bR210.7bR47.2b7.3x10.8x2.4x
Thu, 03 Aug 2023R491.6bR210.7bR47.2b7.5x10.4x2.3x
Sat, 01 Jul 2023R472.2bR210.7bR47.5b8.4x9.9x2.2x
Mon, 29 May 2023R420.0bR210.6bR47.5b9.6x8.8x2x
Wed, 26 Apr 2023R439.7bR210.5bR47.6b10.2x9.2x2.1x
Fri, 24 Mar 2023R430.8bR204.1bR48.5b10x8.9x2.1x
Price to Earnings Ratio

8.9x


Total Market Cap: R430.8bTotal Earnings: R48.5bTotal Revenue: R204.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 11.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the South African Diversified Financial 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 PE ratio of 11.7x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Diversified Financial industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Trends

Which industries have driven the changes within the South African Financials industry?

ZA Market-2.06%
Financials-0.91%
Diversified Financial0.036%
Multi-Sector Holdings2.14%
Transaction and Payment Processing Services1.14%
Specialized Finance0%0
Other Diversified Financial Services-0.42%
Industry PE
  • Investors are most optimistic about the Multi-Sector Holdings industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Transaction and Payment Processing Services industry, which is trading below its 3-year average of 12.5x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 10% per year.
  • In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 14% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
REM RemgroR185.304.5%
+R4.4b		24.2%PE31x
FSR FirstRandR89.150.9%
+R4.3b		19.6%PE11.3x
SBP Sabvest CapitalR142.994.0%
+R202.4m		63.4%PE6.3x

Latest News

REM
R185.30
Remgro
7D
4.5%
1Y
24.2%
AXX
R1.75
Araxi
7D
-0.6%
1Y
21.5%
FSR
R89.15
FirstRand
7D
0.9%
1Y
19.6%

FSR: Governance Rewrite And Richer Margins Will Support A Stronger Outlook

Analysts have adjusted their price target on FirstRand slightly higher to ZAR103.81 from ZAR102.88, pointing to updated assumptions around revenue growth, profit margins, and a lower forward P/E multiple as the key drivers of the change. What's in the News FirstRand has scheduled a Special or Extraordinary Shareholders Meeting for February 11, 2026, at 09:00 South Africa Standard Time.
DNB
R2.37
Deneb Investments
7D
-8.5%
1Y
8.2%
SBP
R142.99
Sabvest Capital
7D
4.0%
1Y
63.4%
ACT
R0.80
AfroCentric Investment
7D
-14.9%
1Y
-54.3%