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South African (JSE) Diversified Financial Industry Analysis

UpdatedNov 20, 2024
DataAggregated Company Financials
Companies7
  • 7D-1.5%
  • 3M-6.9%
  • 1Y13.0%
  • YTD3.4%

Over the last 7 days, the Diversified Financial industry has dropped 1.5%, driven by FirstRand declining 1.4%. Over the past 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024R520.2bR191.2bR39.5b12.7x13.2x2.7x
Sat, 19 Oct 2024R561.2bR191.2bR39.5b12.2x14.2x2.9x
Mon, 16 Sep 2024R557.5bR190.2bR38.3b11.7x14.5x2.9x
Wed, 14 Aug 2024R531.8bR188.5bR38.1b9.7x13.9x2.8x
Fri, 12 Jul 2024R526.5bR188.5bR38.1b9.5x13.8x2.8x
Sun, 09 Jun 2024R431.0bR188.5bR38.1b9x11.3x2.3x
Tue, 07 May 2024R439.5bR188.2bR38.1b9.6x11.5x2.3x
Thu, 04 Apr 2024R416.8bR188.7bR38.5b9.3x10.8x2.2x
Sat, 02 Mar 2024R458.5bR186.9bR44.8b9.6x10.2x2.5x
Mon, 29 Jan 2024R481.7bR182.8bR43.1b10.6x11.2x2.6x
Wed, 27 Dec 2023R493.0bR182.8bR43.1b10.9x11.4x2.7x
Fri, 24 Nov 2023R464.8bR182.6bR42.5b12.1x10.9x2.5x
Sun, 22 Oct 2023R422.7bR182.2bR42.2b13.8x10x2.3x
Tue, 19 Sep 2023R465.7bR210.7bR47.2b7.1x9.9x2.2x
Thu, 17 Aug 2023R493.4bR210.7bR47.2b7.9x10.5x2.3x
Sat, 15 Jul 2023R483.1bR210.7bR47.2b8.1x10.2x2.3x
Mon, 12 Jun 2023R467.0bR210.7bR47.5b8.2x9.8x2.2x
Wed, 10 May 2023R442.3bR210.5bR47.6b10.2x9.3x2.1x
Fri, 07 Apr 2023R431.6bR210.5bR47.6b10x9.1x2x
Sun, 05 Mar 2023R458.8bR203.2bR48.5b8.1x9.5x2.3x
Tue, 31 Jan 2023R451.6bR195.7bR46.3b7.8x9.8x2.3x
Thu, 29 Dec 2022R432.0bR195.7bR46.3b7.7x9.3x2.2x
Sat, 26 Nov 2022R461.7bR195.7bR47.0b7.1x9.8x2.4x
Mon, 24 Oct 2022R427.1bR195.4bR47.0b7.8x9.1x2.2x
Wed, 21 Sep 2022R434.3bR189.4bR41.2b8.2x10.5x2.3x
Fri, 19 Aug 2022R479.2bR184.6bR39.7b7.4x12.1x2.6x
Sun, 17 Jul 2022R427.8bR184.6bR39.7b7.2x10.8x2.3x
Tue, 14 Jun 2022R443.6bR184.5bR39.1b9.3x11.3x2.4x
Thu, 12 May 2022R447.0bR184.5bR39.2b9.2x11.4x2.4x
Sat, 09 Apr 2022R494.7bR184.5bR39.2b10.1x12.6x2.7x
Mon, 07 Mar 2022R554.8bR192.8bR40.3b8.5x13.8x2.9x
Wed, 02 Feb 2022R517.1bR184.8bR35.6b8.6x14.5x2.8x
Fri, 31 Dec 2021R508.7bR184.8bR35.6b9.3x14.3x2.8x
Sun, 28 Nov 2021R466.9bR184.8bR35.6b9.9x13.1x2.5x
Price to Earnings Ratio

13.1x


Total Market Cap: R466.9bTotal Earnings: R35.6bTotal Revenue: R184.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 11.4x202220232024
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 13.2x which is higher than its 3-year average PE of 11.4x.
  • 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 3.5% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the South African Financials industry?

ZA Market0.33%
Financials-0.24%
Diversified Financial-1.47%
Specialized Finance0%
Other Diversified Financial Services-1.39%
Multi-Sector Holdings-1.82%
Transaction and Payment Processing Services-3.33%
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 Other Diversified Financial Services industry, which is trading close to its 3-year average of 11.3x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings growth rate of 5.1% per year.
  • In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 11% 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 FirstRandR77.371.0%
+R4.3b		17.5%PE11.4x
REM RemgroR149.650.5%
+R425.4m		3.8%PE101.6x
SBP Sabvest CapitalR85.001.1%
+R37.7m		25.0%PE28.7x
RMH RMB HoldingsR0.434.9%
+R26.5m		-17.3%PE6.4x
DNB Deneb InvestmentsR2.590.4%
+R4.4m		26.3%PE11.2x
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FSR

R77.37

FirstRand

7D

1.0%

1Y

17.5%

REM

R149.65

Remgro

7D

0.5%

1Y

3.8%

ACT

R2.60

AfroCentric Investment

7D

-8.8%

1Y

-17.7%

CTA

R1.69

Capital Appreciation

7D

-5.1%

1Y

31.0%

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SBP

R85.00

Sabvest Capital

7D

1.1%

1Y

25.0%

RMH

R0.43

RMB Holdings

7D

4.9%

1Y

-17.3%

DNB

R2.59

Deneb Investments

7D

0.4%

1Y

26.3%

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Aug 20
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