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South African (JSE) Diversified Financial Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies5
  • 7D1.0%
  • 3M4.2%
  • 1Y15.4%
  • YTD8.6%

In the last week, the Diversified Financial industry is flat overall, with Deneb Investments standing out by going down 14%. The past year has been better, since the industry has gained 15% in that time. As for the next few years, earnings are expected to grow by 6.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022R461.3bR195.7bR47.0b6.2x9.8x2.4x
Sat, 29 Oct 2022R452.2bR195.4bR47.0b8x9.6x2.3x
Mon, 26 Sep 2022R425.3bR189.4bR41.2b8.2x10.3x2.2x
Wed, 24 Aug 2022R462.2bR184.6bR39.7b7.7x11.6x2.5x
Fri, 22 Jul 2022R450.3bR184.6bR39.7b7.7x11.3x2.4x
Sun, 19 Jun 2022R435.9bR184.5bR39.1b9.2x11.1x2.4x
Tue, 17 May 2022R463.8bR184.5bR39.2b9.4x11.8x2.5x
Thu, 14 Apr 2022R480.5bR184.5bR39.2b9.9x12.3x2.6x
Sat, 12 Mar 2022R567.8bR192.8bR40.3b8.4x14.1x2.9x
Mon, 07 Feb 2022R516.5bR184.8bR35.6b8.6x14.5x2.8x
Wed, 05 Jan 2022R514.6bR184.8bR35.6b9.3x14.4x2.8x
Fri, 03 Dec 2021R484.6bR184.8bR35.6b9.6x13.6x2.6x
Sun, 31 Oct 2021R489.6bR182.8bR34.6b9.1x14.1x2.7x
Tue, 28 Sep 2021R502.5bR182.8bR34.6b9.1x14.5x2.7x
Thu, 26 Aug 2021R490.3bR155.3bR14.5b14.9x33.9x3.2x
Fri, 02 Jul 2021R445.6bR155.3bR14.5b13.6x30.8x2.9x
Mon, 05 Apr 2021R425.4bR155.3bR14.5b13.3x29.4x2.7x
Thu, 07 Jan 2021R412.1bR154.5bR13.4b16.9x30.6x2.7x
Wed, 30 Sep 2020R357.1bR153.3bR14.7b14.8x24.2x2.3x
Sat, 04 Jul 2020R274.7bR144.0bR14.9b12.5x18.5x1.9x
Tue, 07 Apr 2020R297.4bR154.9bR20.3b9.9x14.7x1.9x
Fri, 10 Jan 2020R464.5bR162.4bR26.0b12.4x17.9x2.9x
Price to Earnings Ratio

17.5x


Total Market Cap: R462.0bTotal Earnings: R26.3bTotal Revenue: R161.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 19x202020212022
Current Industry PE
  • Investors are pessimistic on the South African Diversified Financial industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 9.8x which is lower than its 3-year average PE of 19.0x.
  • The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Diversified Financial industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 Market1.40%
Financials0.48%
Diversified Financial0.99%
Multi-Sector Holdings1.49%
Other Diversified Financial Services0.88%
Specialized Finance0%
Industry PE
  • Investors are most optimistic about the Other Diversified Financial Services industry even though it's trading below its 3-year average PE ratio of 14.8x.
    • Analysts are expecting annual earnings growth of 8.5%, which is lower than the prior year's growth of 22.5% per year.
  • Investors are most pessimistic about the Multi-Sector Holdings industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 8.5% over the next 5 years.
  • However this is lower than its past earnings growth rate of 23% per year.
  • In contrast, the Multi-Sector Holdings industry is expected to see its earnings decline by 2.6% 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 FirstRandR66.960.9%
+R3.3b
16.9%PE11.5x
REM RemgroR144.201.7%
+R1.3b
11.8%PE6.2x
ACT AfroCentric InvestmentR5.203.0%
+R86.5m
-4.6%PE9.5x
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