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South African (JSE) Diversified Financial Industry Analysis

UpdatedJun 21, 2026
DataAggregated Company Financials
Companies7
  • 7D4.5%
  • 3M12.2%
  • 1Y34.2%
  • YTD9.0%

In the last week, the Diversified Financial industry is up 4.5%, with FirstRand up 4.7%. In the same time, Deneb Investments was down 5.4%. In the last 12 months, the industry was up 34%. Earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 21 Jun 2026R668.5bR205.7bR49.3b12.5x13.6x3.2x
Tue, 19 May 2026R608.7bR205.6bR49.3b11.2x12.3x3x
Thu, 16 Apr 2026R622.0bR205.6bR49.3b10.6x12.6x3x
Sat, 14 Mar 2026R599.8bR204.6bR47.5b9.9x12.6x2.9x
Mon, 09 Feb 2026R638.5bR199.1bR46.1b10.9x13.8x3.2x
Wed, 07 Jan 2026R624.9bR199.0bR46.4b10.6x13.5x3.1x
Fri, 05 Dec 2025R588.9bR199.1bR46.3b9.9x12.7x3x
Sun, 02 Nov 2025R563.8bR198.7bR46.3b9.2x12.2x2.8x
Tue, 30 Sep 2025R537.3bR198.7bR46.3b10.4x11.6x2.7x
Thu, 28 Aug 2025R523.4bR195.6bR47.1b9.8x11.1x2.7x
Sat, 26 Jul 2025R519.2bR195.7bR47.2b10.1x11x2.7x
Mon, 23 Jun 2025R499.8bR195.7bR47.2b10.2x10.6x2.6x
Wed, 21 May 2025R507.6bR195.5bR47.1b10.3x10.8x2.6x
Fri, 18 Apr 2025R480.4bR195.5bR47.1b10.2x10.2x2.5x
Sun, 16 Mar 2025R503.0bR193.7bR40.7b11.3x12.4x2.6x
Tue, 11 Feb 2025R513.8bR191.2bR39.4b18.1x13x2.7x
Thu, 09 Jan 2025R519.2bR191.3bR39.5b11.9x13.1x2.7x
Sat, 07 Dec 2024R543.5bR191.3bR39.5b12.9x13.8x2.8x
Mon, 04 Nov 2024R528.8bR191.2bR39.5b12.2x13.4x2.8x
Wed, 02 Oct 2024R555.9bR191.2bR39.5b12.6x14.1x2.9x
Fri, 30 Aug 2024R576.2bR188.5bR38.1b10.6x15.1x3.1x
Sun, 28 Jul 2024R531.5bR188.5bR38.1b10x13.9x2.8x
Tue, 25 Jun 2024R505.1bR188.5bR38.1b10x13.2x2.7x
Thu, 23 May 2024R464.7bR188.2bR38.1b10x12.2x2.5x
Sat, 20 Apr 2024R408.0bR188.2bR38.1b9.5x10.7x2.2x
Mon, 18 Mar 2024R442.2bR187.4bR44.7b9.5x9.9x2.4x
Wed, 14 Feb 2024R451.8bR182.8bR43.1b9.9x10.5x2.5x
Fri, 12 Jan 2024R496.1bR182.8bR43.1b11x11.5x2.7x
Sun, 10 Dec 2023R464.0bR182.8bR42.5b10.9x10.9x2.5x
Tue, 07 Nov 2023R450.5bR182.6bR42.5b11.8x10.6x2.5x
Thu, 05 Oct 2023R438.4bR182.2bR42.2b14.5x10.4x2.4x
Sat, 02 Sep 2023R507.1bR210.7bR47.2b7.6x10.8x2.4x
Mon, 31 Jul 2023R503.7bR210.7bR47.2b8x10.7x2.4x
Wed, 28 Jun 2023R460.6bR210.7bR47.5b8.5x9.7x2.2x
Price to Earnings Ratio

9.7x


Total Market Cap: R460.6bTotal Earnings: R47.5bTotal Revenue: R210.7bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Diversified Financial Industry Price to Earnings3Y Average 12x202420252026
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 13.6x which is higher than its 3-year average PE of 12.0x.
  • 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 Market0.77%
Financials4.12%
Diversified Financial4.45%
Other Diversified Financial Services4.69%
Multi-Sector Holdings3.47%
Specialized Finance0%0
Transaction and Payment Processing Services-1.08%
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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.0x.
Forecasted Growth
  • Analysts are most optimistic on the Other Diversified Financial Services industry, expecting annual earnings growth of 17% 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 17% 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 FirstRandR98.884.7%
+R24.7b		36.2%PE12.5x
REM RemgroR194.813.5%
+R3.6b		26.1%PE22.4x
SBP Sabvest CapitalR154.506.5%
+R355.3m		47.1%PE5.2x

Latest News

AXX
R1.83
Araxi
7D
-1.1%
1Y
10.2%
FSR
R98.88
FirstRand
7D
4.7%
1Y
36.2%
Narrative Update • Jun 07

FSR: Earnings Resilience And Discount Rate Shift Will Support Future Upside

Analysts have made a small upward tweak to their ZAR price target for FirstRand, reflecting slightly adjusted assumptions for fair value, discount rate, revenue growth, profit margin and future P/E following recent research that included a downgrade at Citi. What's in the News Analysts have revised fair value, discount rate, revenue growth assumptions, profit margin and future P/E inputs for FirstRand following recent research updates.
DNB
R2.65
Deneb Investments
7D
-5.4%
1Y
39.5%
SBP
R154.50
Sabvest Capital
7D
6.5%
1Y
47.1%
REM
R194.81
Remgro
7D
3.5%
1Y
26.1%
ACT
R0.80
AfroCentric Investment
7D
-7.0%
1Y
-46.7%