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South African (JSE) Diversified Financial Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
Companies6
  • 7D-4.3%
  • 3M-2.4%
  • 1Y24.8%
  • YTD18.9%

Over the last 7 days, the Diversified Financial industry has dropped 4.3%, driven by a decline by FirstRand of 5.8%. Meanwhile, AfroCentric Investment actually outperformed within the industry, gaining 10.0% in the last week. This takes the industry's 12 month performance to a gain of 25%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021R466.9bR184.8bR35.6b9.9x
Fri, 29 Oct 2021R489.5bR182.8bR34.6b9.3x
Sun, 26 Sep 2021R504.5bR182.8bR34.6b10.1x
Tue, 24 Aug 2021R488.0bR155.3bR14.5b14.8x
Wed, 30 Jun 2021R445.6bR155.3bR14.5b13.6x
Sat, 03 Apr 2021R425.4bR155.3bR14.5b13.3x
Tue, 05 Jan 2021R412.1bR154.5bR13.4b16.9x
Fri, 09 Oct 2020R357.1bR153.3bR14.7b14.8x
Thu, 02 Jul 2020R274.7bR144.0bR14.9b12.5x
Sun, 05 Apr 2020R297.4bR154.9bR20.3b9.9x
Wed, 08 Jan 2020R464.5bR162.4bR26.0b12.4x
Tue, 01 Oct 2019R443.2bR161.7bR26.3b11.9x
Fri, 05 Jul 2019R613.0bR161.0bR26.4b12.7x
Mon, 08 Apr 2019R461.3bR154.2bR31.6b11.8x
Thu, 10 Jan 2019R481.6bR147.3bR36.5b12.5x
PE Ratio

12.3x

Total Market Cap: R492.8bTotal Earnings: R36.0bTotal Revenue: R134.8b0%0%0%3 Year10 Year
201920202021

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.

Industry Trends

Which industries have driven the changes within the South African Diversified Financial industry?

Multi-Sector Holdings-3.37%
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.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
ACT AfroCentric Investment5.4%+R161.0m57.1%PE9.7x
RMH RMB Holdings2.1%+R41.8m15.7%PB0.4x
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REM

R125.52

Remgro

7D

-4.9%

1Y

34.2%

FSR

R55.83

FirstRand

7D

-4.8%

1Y

19.6%