Has the South African Diversified Financial Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||R466.9b||R184.8b||R35.6b||9.9x|
|Fri, 29 Oct 2021||R489.5b||R182.8b||R34.6b||9.3x|
|Sun, 26 Sep 2021||R504.5b||R182.8b||R34.6b||10.1x|
|Tue, 24 Aug 2021||R488.0b||R155.3b||R14.5b||14.8x|
|Wed, 30 Jun 2021||R445.6b||R155.3b||R14.5b||13.6x|
|Sat, 03 Apr 2021||R425.4b||R155.3b||R14.5b||13.3x|
|Tue, 05 Jan 2021||R412.1b||R154.5b||R13.4b||16.9x|
|Fri, 09 Oct 2020||R357.1b||R153.3b||R14.7b||14.8x|
|Thu, 02 Jul 2020||R274.7b||R144.0b||R14.9b||12.5x|
|Sun, 05 Apr 2020||R297.4b||R154.9b||R20.3b||9.9x|
|Wed, 08 Jan 2020||R464.5b||R162.4b||R26.0b||12.4x|
|Tue, 01 Oct 2019||R443.2b||R161.7b||R26.3b||11.9x|
|Fri, 05 Jul 2019||R613.0b||R161.0b||R26.4b||12.7x|
|Mon, 08 Apr 2019||R461.3b||R154.2b||R31.6b||11.8x|
|Thu, 10 Jan 2019||R481.6b||R147.3b||R36.5b||12.5x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.0x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Diversified Financial industry have remained mostly flat over the last three years, while revenues for these companies have grown 11% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Which industries have driven the changes within the South African Diversified Financial industry?
|Other Diversified Financial Services||-4.52%|
Industry PE: Investors are most optimistic about the Multi-Sector Holdings industry even though it's trading below its 3-year average PE ratio of 57.1x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the Other Diversified Financial Services industry, which is trading below its 3-year average of 15.1x.
Forecasted Growth: Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 14% over the next 5 years. However this is lower than its past earnings growth rate of 93% per year.