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South African (JSE) Diversified Financial Industry Analysis
UpdatedApr 13, 2025
DataAggregated Company Financials
Companies7
- 7D5.5%
- 3M-7.2%
- 1Y11.7%
- YTD-11.3%
The Diversified Financial industry is up 5.5% in the last week, with FirstRand up 5.8%. In the last 12 months, the industry was up 12%. Earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the South African Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 13 Apr 2025 | R460.9b | R195.5b | R47.1b | 10.5x | 9.8x | 2.4x |
| Tue, 11 Mar 2025 | R501.8b | R193.7b | R40.7b | 11x | 12.3x | 2.6x |
| Thu, 06 Feb 2025 | R507.8b | R191.2b | R39.4b | 17.4x | 12.9x | 2.7x |
| Sat, 04 Jan 2025 | R526.0b | R191.3b | R39.5b | 12x | 13.3x | 2.7x |
| Mon, 02 Dec 2024 | R523.6b | R191.2b | R39.5b | 13.1x | 13.2x | 2.7x |
| Wed, 30 Oct 2024 | R521.7b | R191.2b | R39.5b | 12.1x | 13.2x | 2.7x |
| Fri, 27 Sep 2024 | R572.9b | R191.2b | R39.5b | 12.5x | 14.5x | 3x |
| Sun, 25 Aug 2024 | R564.7b | R188.5b | R38.1b | 10.1x | 14.8x | 3x |
| Tue, 23 Jul 2024 | R524.9b | R188.5b | R38.1b | 9.8x | 13.8x | 2.8x |
| Thu, 20 Jun 2024 | R512.8b | R188.5b | R38.1b | 10x | 13.4x | 2.7x |
| Sat, 18 May 2024 | R463.0b | R188.2b | R38.1b | 10.1x | 12.2x | 2.5x |
| Mon, 15 Apr 2024 | R414.3b | R188.2b | R38.1b | 8.9x | 10.9x | 2.2x |
| Wed, 13 Mar 2024 | R443.5b | R187.4b | R44.7b | 9.5x | 9.9x | 2.4x |
| Fri, 09 Feb 2024 | R457.8b | R182.8b | R43.1b | 10x | 10.6x | 2.5x |
| Sun, 07 Jan 2024 | R494.6b | R182.8b | R43.1b | 11x | 11.5x | 2.7x |
| Tue, 05 Dec 2023 | R471.0b | R182.8b | R42.5b | 11.9x | 11.1x | 2.6x |
| Thu, 02 Nov 2023 | R433.8b | R182.2b | R42.2b | 13.6x | 10.3x | 2.4x |
| Sat, 30 Sep 2023 | R446.9b | R182.2b | R42.2b | 14.2x | 10.6x | 2.5x |
| Mon, 28 Aug 2023 | R505.5b | R210.7b | R47.2b | 7.4x | 10.7x | 2.4x |
| Wed, 26 Jul 2023 | R491.4b | R210.7b | R47.2b | 8.5x | 10.4x | 2.3x |
| Fri, 23 Jun 2023 | R465.7b | R210.7b | R47.5b | 8.2x | 9.8x | 2.2x |
| Sun, 21 May 2023 | R425.7b | R210.5b | R47.6b | 9.8x | 9x | 2x |
| Tue, 18 Apr 2023 | R441.1b | R210.5b | R47.6b | 10.2x | 9.3x | 2.1x |
| Thu, 16 Mar 2023 | R427.6b | R203.2b | R48.5b | 7.9x | 8.8x | 2.1x |
| Sat, 11 Feb 2023 | R442.3b | R195.7b | R46.3b | 8x | 9.6x | 2.3x |
| Mon, 09 Jan 2023 | R428.3b | R195.7b | R46.3b | 7.7x | 9.2x | 2.2x |
| Wed, 07 Dec 2022 | R435.7b | R195.7b | R47.0b | 6.1x | 9.3x | 2.2x |
| Fri, 04 Nov 2022 | R441.5b | R195.4b | R47.0b | 8.3x | 9.4x | 2.3x |
| Sun, 02 Oct 2022 | R421.4b | R195.4b | R47.1b | 5.7x | 8.9x | 2.2x |
| Tue, 30 Aug 2022 | R455.5b | R184.6b | R39.7b | 7.7x | 11.5x | 2.5x |
| Thu, 28 Jul 2022 | R445.7b | R184.6b | R39.7b | 7.2x | 11.2x | 2.4x |
| Sat, 25 Jun 2022 | R465.5b | R184.5b | R39.1b | 9.5x | 11.9x | 2.5x |
| Mon, 23 May 2022 | R457.5b | R184.5b | R39.2b | 9.3x | 11.7x | 2.5x |
| Wed, 20 Apr 2022 | R478.6b | R184.5b | R39.2b | 10x | 12.2x | 2.6x |
Price to Earnings Ratio
12.2x
Current Industry PE
- Investors are pessimistic on the South African Diversified Financial 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 9.8x which is lower than its 3-year average PE of 11.2x.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Diversified Financial industry have grown 6.4% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the South African Financials industry?
| ZA Market | 5.78% | |
| Financials | 3.87% | |
| Diversified Financial | 5.55% | |
| Other Diversified Financial Services | 5.83% | |
| Transaction and Payment Processing Services | 4.51% | |
| Multi-Sector Holdings | 4.38% | |
| Specialized Finance | 0% | 0 |
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 Other Diversified Financial Services industry, which is trading below its 3-year average of 10.9x.
Forecasted Growth
- Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 10% over the next 5 years.
- This is better than its past earnings growth rate of 4.9% per year.
- In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 10% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FSR FirstRand | R66.57 | 5.8% +R20.5b | 9.9% | PE9.4x | |
| REM Remgro | R145.99 | 4.9% +R3.7b | 21.9% | PE12.5x | |
| CTA Capital Appreciation | R1.39 | 4.5% +R74.8m | 18.8% | PE10.5x | |
| DNB Deneb Investments | R2.29 | 4.1% +R39.8m | 6.5% | PE10.6x | |
| RMH RMB Holdings | R0.39 | 2.6% +R13.5m | -4.9% | PB0.6x |
