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South African (JSE) Diversified Financial Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies7
  • 7D1.6%
  • 3M15.3%
  • 1Y24.0%
  • YTD3.8%

Over the last 7 days, the Diversified Financial industry has risen 1.6%, driven by gains from FirstRand of 1.8%. In the same time, Deneb Investments was down 11%. This means that the industry has gained 24% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026R638.5bR199.1bR46.1b10.9x13.8x3.2x
Tue, 06 Jan 2026R611.2bR199.0bR46.4b10.6x13.2x3.1x
Thu, 04 Dec 2025R583.8bR199.1bR46.3b9.8x12.6x2.9x
Sat, 01 Nov 2025R563.8bR198.7bR46.3b9.2x12.2x2.8x
Mon, 29 Sep 2025R542.3bR198.7bR46.3b10.4x11.7x2.7x
Wed, 27 Aug 2025R521.8bR195.6bR47.1b10.2x11.1x2.7x
Fri, 25 Jul 2025R519.0bR195.7bR47.2b10.1x11x2.7x
Sun, 22 Jun 2025R499.8bR195.7bR47.2b10.2x10.6x2.6x
Tue, 20 May 2025R509.9bR195.5bR47.1b10.4x10.8x2.6x
Thu, 17 Apr 2025R478.4bR195.5bR47.1b10.1x10.1x2.4x
Sat, 15 Mar 2025R503.0bR193.7bR40.7b11.3x12.4x2.6x
Mon, 10 Feb 2025R515.8bR191.2bR39.4b17.9x13.1x2.7x
Wed, 08 Jan 2025R526.6bR191.3bR39.5b11.9x13.3x2.8x
Fri, 06 Dec 2024R547.1bR191.3bR39.5b13.1x13.8x2.9x
Sun, 03 Nov 2024R528.8bR191.2bR39.5b12.2x13.4x2.8x
Tue, 01 Oct 2024R561.7bR191.2bR39.5b12.2x14.2x2.9x
Thu, 29 Aug 2024R573.8bR188.5bR38.1b10.9x15x3x
Sat, 27 Jul 2024R531.5bR188.5bR38.1b10x13.9x2.8x
Mon, 24 Jun 2024R516.9bR188.5bR38.1b10x13.6x2.7x
Wed, 22 May 2024R467.5bR188.2bR38.1b10x12.3x2.5x
Fri, 19 Apr 2024R408.0bR188.2bR38.1b9.5x10.7x2.2x
Sun, 17 Mar 2024R442.2bR187.4bR44.7b9.5x9.9x2.4x
Tue, 13 Feb 2024R455.1bR182.8bR43.1b9.9x10.6x2.5x
Thu, 11 Jan 2024R495.6bR182.8bR43.1b11x11.5x2.7x
Sat, 09 Dec 2023R464.0bR182.8bR42.5b11.5x10.9x2.5x
Mon, 06 Nov 2023R458.3bR182.6bR42.5b12x10.8x2.5x
Wed, 04 Oct 2023R438.4bR182.2bR42.2b14.2x10.4x2.4x
Fri, 01 Sep 2023R505.6bR210.7bR47.2b7.6x10.7x2.4x
Sun, 30 Jul 2023R503.7bR210.7bR47.2b8x10.7x2.4x
Tue, 27 Jun 2023R460.6bR210.7bR47.5b8.5x9.7x2.2x
Thu, 25 May 2023R422.9bR210.5bR47.6b9.8x8.9x2x
Sat, 22 Apr 2023R435.6bR210.5bR47.6b10.1x9.2x2.1x
Mon, 20 Mar 2023R421.8bR203.2bR48.4b7.8x8.7x2.1x
Wed, 15 Feb 2023R449.8bR195.7bR46.3b8.2x9.7x2.3x
Price to Earnings Ratio

9.7x


Total Market Cap: R449.8bTotal Earnings: R46.3bTotal Revenue: R195.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 11.6x202420252026
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 13.8x which is higher than its 3-year average PE of 11.6x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.2x.
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-0.47%
Financials1.85%
Diversified Financial1.63%
Other Diversified Financial Services1.84%
Multi-Sector Holdings0.69%
Specialized Finance0%0
Transaction and Payment Processing Services-1.02%
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 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is better than its past earnings growth rate of 9.6% per year.
  • In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 13% 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 FirstRandR94.251.8%
+R9.5b		23.6%PE12.6x
SBP Sabvest CapitalR145.009.5%
+R464.5m		66.5%PE6.4x
REM RemgroR184.190.4%
+R404.0m		25.4%PE30.9x
ACT AfroCentric InvestmentR1.290.8%
+R8.3m		-21.8%PS0.1x

Latest News

RMH
R0.46
RMB Holdings
7D
-2.1%
1Y
9.5%
FSR
R94.25
FirstRand
7D
1.8%
1Y
23.6%

FSR: Stable Fair Value And Governance Changes Will Shape Future Risk Profile

Analysts have nudged their price target for FirstRand higher to R101.33 from R99.22, pointing to slightly refined assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News FirstRand has scheduled a special or extraordinary shareholders meeting for February 11, 2026, giving investors a date to watch for potential company resolutions or structural decisions (Key Developments).
DNB
R2.35
Deneb Investments
7D
-11.0%
1Y
6.8%
AXX
R1.95
Araxi
7D
-1.0%
1Y
41.3%
REM
R184.19
Remgro
7D
0.4%
1Y
25.4%
ACT
R1.29
AfroCentric Investment
7D
0.8%
1Y
-21.8%

The Market Doesn't Like What It Sees From AfroCentric Investment Corporation Limited's (JSE:ACT) Revenues Yet

Nov 05
The Market Doesn't Like What It Sees From AfroCentric Investment Corporation Limited's (JSE:ACT) Revenues Yet
SBP
R145.00
Sabvest Capital
7D
9.5%
1Y
66.5%