Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

South African (JSE) Diversified Financial Industry Analysis

UpdatedJul 31, 2026
DataAggregated Company Financials
Companies7
  • 7D1.5%
  • 3M8.0%
  • 1Y26.3%
  • YTD7.2%

The Diversified Financial industry is up 2.3% in the last week, with FirstRand up 3.7%. In the same time, Sabvest Capital was down 5.9%. In the last 12 months, the industry was up 22%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 31 Jul 2026R657.9bR205.7bR49.3b12.3x13.3x3.2x
Sun, 28 Jun 2026R648.6bR205.7bR49.3b12.1x13.1x3.2x
Tue, 26 May 2026R629.5bR205.8bR49.4b11.7x12.8x3.1x
Thu, 23 Apr 2026R610.8bR205.6bR49.3b10.7x12.4x3x
Sat, 21 Mar 2026R595.9bR204.9bR47.8b9.5x12.5x2.9x
Mon, 16 Feb 2026R643.3bR199.1bR46.1b10.4x13.9x3.2x
Wed, 14 Jan 2026R614.2bR199.0bR46.4b10.5x13.2x3.1x
Fri, 12 Dec 2025R592.3bR199.0bR46.4b10.4x12.8x3x
Sun, 09 Nov 2025R554.0bR198.7bR46.3b10x12x2.8x
Tue, 07 Oct 2025R556.0bR198.7bR46.3b9.8x12x2.8x
Thu, 04 Sep 2025R506.3bR195.6bR47.1b10.1x10.7x2.6x
Sat, 02 Aug 2025R523.2bR195.7bR47.2b10.1x11.1x2.7x
Mon, 30 Jun 2025R518.6bR195.7bR47.2b10x11x2.6x
Wed, 28 May 2025R508.5bR195.5bR47.1b10.4x10.8x2.6x
Fri, 25 Apr 2025R492.8bR195.5bR47.1b10.4x10.5x2.5x
Sun, 23 Mar 2025R508.1bR194.5bR41.5b10.5x12.2x2.6x
Tue, 18 Feb 2025R500.0bR191.2bR39.4b20x12.7x2.6x
Thu, 16 Jan 2025R511.1bR191.3bR39.5b11.9x12.9x2.7x
Sat, 14 Dec 2024R552.2bR191.3bR39.5b11.9x14x2.9x
Mon, 11 Nov 2024R534.6bR191.2bR39.5b13x13.5x2.8x
Wed, 09 Oct 2024R554.3bR191.2bR39.5b12x14x2.9x
Fri, 06 Sep 2024R565.9bR188.4bR38.0b10.9x14.9x3x
Sun, 04 Aug 2024R530.4bR188.5bR38.1b9.6x13.9x2.8x
Tue, 02 Jul 2024R521.4bR188.5bR38.1b9.7x13.7x2.8x
Thu, 30 May 2024R458.1bR188.3bR38.1b10x12x2.4x
Sat, 27 Apr 2024R430.1bR188.2bR38.1b9.4x11.3x2.3x
Mon, 25 Mar 2024R423.7bR188.7bR38.5b9.3x11x2.2x
Wed, 21 Feb 2024R454.4bR182.8bR43.1b10x10.6x2.5x
Fri, 19 Jan 2024R470.8bR182.8bR43.1b10.3x10.9x2.6x
Sun, 17 Dec 2023R491.5bR183.4bR43.1b10.9x11.4x2.7x
Tue, 14 Nov 2023R440.1bR182.6bR42.5b11.5x10.4x2.4x
Thu, 12 Oct 2023R445.1bR182.2bR42.2b14.8x10.6x2.4x
Sat, 09 Sep 2023R496.5bR210.7bR47.2b7.6x10.5x2.4x
Mon, 07 Aug 2023R495.7bR210.7bR47.2b7.7x10.5x2.4x
Price to Earnings Ratio

10.5x


Total Market Cap: R495.7bTotal Earnings: R47.2bTotal Revenue: R210.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 12.1x202420252026
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 12.1x.
  • The 3-year average PS ratio of 2.7x 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 Market2.52%
Financials1.80%
Diversified Financial1.54%
Other Diversified Financial Services1.65%
Multi-Sector Holdings1.08%
Specialized Finance0%0
Transaction and Payment Processing Services-1.11%
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 close to its 3-year average of 11.6x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 16% 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 16% 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 FirstRandR97.451.6%
+R8.8b		28.5%PE12.3x
REM RemgroR191.101.4%
+R1.4b		16.5%PE22x
ACT AfroCentric InvestmentR0.829.3%
+R57.3m		-48.8%PS0.09x
DNB Deneb InvestmentsR2.593.6%
+R39.7m		32.8%PE5.6x
RMH RMB HoldingsR0.502.0%
+R12.1m		25.0%PS6.7x

Latest News

AXX
R1.78
Araxi
7D
-1.1%
1Y
-0.6%
RMH
R0.50
RMB Holdings
7D
2.0%
1Y
25.0%
DNB
R2.59
Deneb Investments
7D
3.6%
1Y
32.8%
FSR
R97.45
FirstRand
7D
1.6%
1Y
28.5%
Narrative Update • Jun 23

FSR: Earnings Resilience And Citi Downgrade Will Shape Future Upside

Analysts have nudged their price target for FirstRand slightly higher, with fair value moving from ZAR104.41 to ZAR105.13. This reflects updated views on the discount rate, revenue growth, profit margin and future P/E assumptions following recent research that included a downgrade from Citi.
SBP
R141.00
Sabvest Capital
7D
-5.9%
1Y
52.0%
REM
R191.10
Remgro
7D
1.4%
1Y
16.5%
ACT
R0.82
AfroCentric Investment
7D
9.3%
1Y
-48.8%