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South African (JSE) Diversified Financial Industry Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
  • 7D2.5%
  • 3M23.5%
  • 1Y5.4%
  • YTD5.5%

Over the last 7 days, the Diversified Financial industry has risen 2.5%, driven by gains from FirstRand of 1.9%. This takes the industry's 12 month performance to a gain of 5.4%. As for the next few years, earnings are expected to grow by 16% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024R531.3bR188.5bR38.1b9.9x13.9x2.8x
Sun, 23 Jun 2024R516.9bR188.5bR38.1b10x13.6x2.7x
Tue, 21 May 2024R467.0bR188.2bR38.1b10.1x12.3x2.5x
Thu, 18 Apr 2024R404.6bR188.2bR38.1b9.5x10.6x2.1x
Sat, 16 Mar 2024R442.2bR187.4bR44.7b9.5x9.9x2.4x
Mon, 12 Feb 2024R456.5bR182.8bR43.1b10x10.6x2.5x
Wed, 10 Jan 2024R497.0bR182.8bR43.1b10.9x11.5x2.7x
Fri, 08 Dec 2023R460.5bR182.8bR42.5b11.3x10.8x2.5x
Sun, 05 Nov 2023R458.3bR182.6bR42.5b12x10.8x2.5x
Tue, 03 Oct 2023R446.9bR182.2bR42.2b13.8x10.6x2.5x
Thu, 31 Aug 2023R511.5bR210.7bR47.2b7.7x10.8x2.4x
Sat, 29 Jul 2023R503.7bR210.7bR47.2b8x10.7x2.4x
Mon, 26 Jun 2023R458.8bR210.7bR47.5b8.4x9.7x2.2x
Wed, 24 May 2023R426.6bR210.5bR47.6b9.9x9x2x
Fri, 21 Apr 2023R436.1bR210.5bR47.6b10.1x9.2x2.1x
Sun, 19 Mar 2023R421.8bR203.2bR48.5b7.6x8.7x2.1x
Tue, 14 Feb 2023R445.7bR195.7bR46.3b7.9x9.6x2.3x
Thu, 12 Jan 2023R433.2bR195.7bR46.3b7.8x9.4x2.2x
Sat, 10 Dec 2022R423.2bR195.7bR47.0b6.1x9x2.2x
Mon, 07 Nov 2022R449.9bR195.4bR47.0b8.8x9.6x2.3x
Wed, 05 Oct 2022R426.3bR195.4bR47.1b5.7x9x2.2x
Fri, 02 Sep 2022R435.4bR184.6bR39.7b7.8x11x2.4x
Sun, 31 Jul 2022R449.9bR184.6bR39.7b7.2x11.3x2.4x
Tue, 28 Jun 2022R456.5bR184.5bR39.1b9.5x11.7x2.5x
Thu, 26 May 2022R447.6bR184.5bR39.2b9.2x11.4x2.4x
Sat, 23 Apr 2022R475.7bR184.5bR39.2b9.9x12.1x2.6x
Mon, 21 Mar 2022R582.5bR193.2bR40.3b8.2x14.4x3x
Wed, 16 Feb 2022R545.4bR184.8bR35.6b8.5x15.3x3x
Fri, 14 Jan 2022R533.4bR184.8bR35.6b8.5x15x2.9x
Sun, 12 Dec 2021R487.5bR184.8bR35.6b9.1x13.7x2.6x
Tue, 09 Nov 2021R491.5bR182.8bR34.6b9.4x14.2x2.7x
Thu, 07 Oct 2021R513.8bR182.8bR34.6b9.7x14.8x2.8x
Sat, 04 Sep 2021R498.5bR155.3bR14.5b15.1x34.5x3.2x
Mon, 02 Aug 2021R451.9bR155.3bR14.5b13.9x31.3x2.9x
Price to Earnings Ratio

31.3x


Total Market Cap: R451.9bTotal Earnings: R14.5bTotal Revenue: R155.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 12.2x202220232024
Current Industry PE
  • Investors are optimistic on the South African Diversified Financial industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 12.2x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 38% per year over the last three years.
  • Revenues for these companies have grown 6.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

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

ZA Market1.28%
Financials2.49%
Diversified Financial2.47%
Other Diversified Financial Services3.00%
Specialized Finance0%
Transaction and Payment Processing Services0%
Multi-Sector Holdings-0.32%
Industry PE
  • Investors are most optimistic about the Other Diversified Financial Services industry, which is trading close to its 3-year average PE ratio of 11.8x.
    • Analysts are expecting annual earnings growth of 10.2%, which is higher than its past year's earnings growth of 8.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Multi-Sector Holdings industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is better than its past earnings decline of 24% 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?

CompanyLast Price7D1YValuation
FSR FirstRandR79.961.9%
+R8.2b		10.0%PE11.8x
REM RemgroR135.041.1%
+R806.5m		-16.3%PS1.5x
CTA Capital AppreciationR1.405.3%
+R87.1m		-4.8%PE10.2x
RMH RMB HoldingsR0.425.0%
+R26.5m		-12.5%PE6.2x
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RMH

R0.42

RMB Holdings

7D

5.0%

1Y

-12.5%

CTA

R1.40

Capital Appreciation

7D

5.3%

1Y

-4.8%

REM

R135.04

Remgro

7D

1.1%

1Y

-16.3%

Remgro Limited (JSE:REM) Investors Are Less Pessimistic Than Expected

Jul 11
Remgro Limited (JSE:REM) Investors Are Less Pessimistic Than Expected

SBP

R72.00

Sabvest Capital

7D

-2.7%

1Y

-1.4%

FSR

R79.96

FirstRand

7D

1.9%

1Y

10.0%

ACT

R2.67

AfroCentric Investment

7D

-0.7%

1Y

-32.1%