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South African (JSE) Diversified Financial Industry Analysis

UpdatedMay 01, 2026
DataAggregated Company Financials
Companies7
  • 7D0.4%
  • 3M-2.8%
  • 1Y20.2%
  • YTD-0.7%

Over the last 7 days, the Diversified Financial industry has remained flat, although notably AfroCentric Investment declined by 6.3%. As for the the longer term, the industry is up 20% over the past 12 months. 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, 01 May 2026R609.4bR205.6bR49.3b11.2x12.4x3x
Sun, 29 Mar 2026R600.3bR205.6bR49.3b9.2x12.2x2.9x
Tue, 24 Feb 2026R658.7bR199.1bR46.1b10.5x14.3x3.3x
Thu, 22 Jan 2026R614.1bR199.0bR46.4b10.8x13.2x3.1x
Sat, 20 Dec 2025R608.1bR199.0bR46.4b10.4x13.1x3.1x
Mon, 17 Nov 2025R572.6bR198.7bR46.3b9.6x12.4x2.9x
Wed, 15 Oct 2025R553.6bR198.7bR46.3b9.7x12x2.8x
Fri, 12 Sep 2025R547.6bR195.3bR47.4b9.8x11.6x2.8x
Sun, 10 Aug 2025R523.6bR195.7bR47.2b10.3x11.1x2.7x
Tue, 08 Jul 2025R516.6bR195.7bR47.2b9.7x10.9x2.6x
Thu, 05 Jun 2025R511.5bR195.7bR47.2b10.5x10.8x2.6x
Sat, 03 May 2025R508.9bR195.5bR47.1b10.2x10.8x2.6x
Mon, 31 Mar 2025R502.8bR195.5bR47.1b10.3x10.7x2.6x
Wed, 26 Feb 2025R492.5bR191.2bR39.4b18.6x12.5x2.6x
Fri, 24 Jan 2025R518.3bR191.3bR39.5b11.9x13.1x2.7x
Sun, 22 Dec 2024R525.8bR191.3bR39.5b11.3x13.3x2.7x
Tue, 19 Nov 2024R519.4bR191.2bR39.5b12.9x13.1x2.7x
Thu, 17 Oct 2024R561.6bR191.2bR39.5b12.3x14.2x2.9x
Sat, 14 Sep 2024R557.5bR190.2bR39.8b11.4x14x2.9x
Mon, 12 Aug 2024R529.7bR188.5bR38.1b9.9x13.9x2.8x
Wed, 10 Jul 2024R520.8bR188.5bR38.1b9.2x13.7x2.8x
Fri, 07 Jun 2024R427.1bR188.5bR38.1b9x11.2x2.3x
Sun, 05 May 2024R440.7bR188.2bR38.1b9.6x11.6x2.3x
Tue, 02 Apr 2024R422.0bR188.7bR38.5b9.3x11x2.2x
Thu, 29 Feb 2024R448.3bR182.8bR43.1b9.9x10.4x2.5x
Sat, 27 Jan 2024R481.7bR182.8bR43.1b10.6x11.2x2.6x
Mon, 25 Dec 2023R493.0bR182.8bR43.1b10.9x11.4x2.7x
Wed, 22 Nov 2023R461.1bR182.6bR42.5b12x10.8x2.5x
Fri, 20 Oct 2023R425.9bR182.2bR42.2b13.9x10.1x2.3x
Sun, 17 Sep 2023R466.3bR210.7bR47.2b7.1x9.9x2.2x
Tue, 15 Aug 2023R497.1bR210.7bR47.2b8x10.5x2.4x
Thu, 13 Jul 2023R477.5bR210.7bR47.2b8.9x10.1x2.3x
Sat, 10 Jun 2023R467.0bR210.7bR47.5b8.2x9.8x2.2x
Mon, 08 May 2023R440.6bR210.5bR47.6b10.2x9.3x2.1x
Price to Earnings Ratio

9.3x


Total Market Cap: R440.6bTotal Earnings: R47.6bTotal Revenue: R210.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 11.8x202420252026
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 11.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.0x.
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-1.02%
Financials0.39%
Diversified Financial0.44%
Transaction and Payment Processing Services5.13%
Multi-Sector Holdings1.14%
Other Diversified Financial Services0.26%
Specialized Finance0%0
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 10.9x.
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 FirstRandR88.230.3%
+R1.3b		19.9%PE11.2x
REM RemgroR194.671.1%
+R1.2b		20.5%PE22.4x
SBP Sabvest CapitalR155.002.4%
+R137.2m		56.5%PE5.2x
AXX AraxiR2.055.1%
+R115.4m		51.9%PE11.4x

Latest News

SBP
R155.00
Sabvest Capital
7D
2.4%
1Y
56.5%
AXX
R2.05
Araxi
7D
5.1%
1Y
51.9%
REM
R194.67
Remgro
7D
1.1%
1Y
20.5%
FSR
R88.23
FirstRand
7D
0.3%
1Y
19.9%

FSR: Revised Risk Assumptions Will Support Richer Margins And Stronger Future Returns

Analysts have nudged their FirstRand fair value estimate slightly higher to around ZAR104.45 from about ZAR104.14, citing updated assumptions on discount rate, revenue growth, profit margin and future P/E after recent research including Citi's downgrade. Analyst Commentary Recent research has prompted a modest reassessment of FirstRand, with analysts refining their assumptions on discount rate, revenue growth, profit margin and future P/E.
ACT
R0.75
AfroCentric Investment
7D
-6.3%
1Y
-57.6%