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South African (JSE) Diversified Financial Industry Analysis
UpdatedJun 04, 2024
DataAggregated Company Financials
Companies7
- 7D-0.04%
- 3M2.1%
- 1Y5.0%
- YTD-9.2%
In the last week, Diversified Financial has been flat. As for the the longer term, the industry is up 5.0% over the past 12 months. As for the next few years, earnings are expected to grow by 16% per annum.
Industry Valuation and Performance
Has the South African Diversified Financial Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 04 Jun 2024 | R457.3b | R188.3b | R38.1b | 10x | 12x | 2.4x |
| Thu, 02 May 2024 | R441.7b | R188.2b | R38.1b | 9.6x | 11.6x | 2.3x |
| Sat, 30 Mar 2024 | R422.0b | R188.7b | R38.5b | 9.3x | 11x | 2.2x |
| Mon, 26 Feb 2024 | R460.4b | R182.8b | R43.1b | 10.2x | 10.7x | 2.5x |
| Wed, 24 Jan 2024 | R475.9b | R182.8b | R43.1b | 10.4x | 11.1x | 2.6x |
| Fri, 22 Dec 2023 | R485.2b | R182.8b | R43.1b | 10.7x | 11.3x | 2.7x |
| Sun, 19 Nov 2023 | R452.8b | R182.6b | R42.5b | 11.9x | 10.6x | 2.5x |
| Tue, 17 Oct 2023 | R431.6b | R182.2b | R42.2b | 14.2x | 10.2x | 2.4x |
| Thu, 14 Sep 2023 | R490.0b | R210.7b | R47.2b | 7.5x | 10.4x | 2.3x |
| Sat, 12 Aug 2023 | R500.6b | R210.7b | R47.2b | 7.9x | 10.6x | 2.4x |
| Mon, 10 Jul 2023 | R473.1b | R210.7b | R47.2b | 8.2x | 10x | 2.2x |
| Wed, 07 Jun 2023 | R437.4b | R210.7b | R47.5b | 8.1x | 9.2x | 2.1x |
| Fri, 05 May 2023 | R430.8b | R210.5b | R47.6b | 9.9x | 9.1x | 2x |
| Sun, 02 Apr 2023 | R420.5b | R210.5b | R47.6b | 9.7x | 8.8x | 2x |
| Tue, 28 Feb 2023 | R449.8b | R195.7b | R46.3b | 8.1x | 9.7x | 2.3x |
| Thu, 26 Jan 2023 | R445.4b | R195.7b | R46.3b | 8.1x | 9.6x | 2.3x |
| Sat, 24 Dec 2022 | R439.3b | R195.7b | R46.3b | 7.7x | 9.5x | 2.2x |
| Mon, 21 Nov 2022 | R448.2b | R195.4b | R47.0b | 9.2x | 9.5x | 2.3x |
| Wed, 19 Oct 2022 | R423.3b | R195.4b | R47.0b | 7.9x | 9x | 2.2x |
| Fri, 16 Sep 2022 | R446.3b | R184.8b | R39.9b | 8.5x | 11.2x | 2.4x |
| Sun, 14 Aug 2022 | R469.4b | R184.6b | R39.7b | 7.4x | 11.8x | 2.5x |
| Tue, 12 Jul 2022 | R357.6b | R114.5b | R32.5b | 7.5x | 11x | 3.1x |
| Thu, 09 Jun 2022 | R473.4b | R184.5b | R39.1b | 9.9x | 12.1x | 2.6x |
| Sat, 07 May 2022 | R450.5b | R184.5b | R39.2b | 9.3x | 11.5x | 2.4x |
| Mon, 04 Apr 2022 | R520.8b | R184.5b | R39.2b | 10.4x | 13.3x | 2.8x |
| Wed, 02 Mar 2022 | R557.7b | R184.8b | R35.6b | 8.6x | 15.7x | 3x |
| Fri, 28 Jan 2022 | R513.7b | R184.8b | R35.6b | 8.8x | 14.4x | 2.8x |
| Sun, 26 Dec 2021 | R496.7b | R184.8b | R35.6b | 9.3x | 13.9x | 2.7x |
| Tue, 23 Nov 2021 | R498.3b | R184.5b | R35.6b | 9.4x | 14x | 2.7x |
| Thu, 21 Oct 2021 | R488.0b | R182.8b | R34.6b | 9.8x | 14.1x | 2.7x |
| Sat, 18 Sep 2021 | R493.7b | R156.2b | R14.5b | 7.9x | 34.2x | 3.2x |
| Mon, 16 Aug 2021 | R484.0b | R155.3b | R14.5b | 14.6x | 33.5x | 3.1x |
Price to Earnings Ratio
30.8x
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 12.7x.
- 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 38% per year over the last three years.
- Revenues for these companies have grown 6.7% 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 Market | -2.18% | |
| Financials | -0.077% | |
| Diversified Financial | -0.039% | |
| Multi-Sector Holdings | 1.59% | |
| Specialized Finance | 0% | |
| Other Diversified Financial Services | -0.36% | |
| Transaction and Payment Processing Services | -0.87% | |
Industry PE
- Investors are most optimistic about the Transaction and Payment Processing Services industry even though it's trading below its 3-year average PE ratio of 15.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Multi-Sector Holdings industry, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Other Diversified Financial Services industry is expected to see its earnings grow by 9.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| REM Remgro | R128.09 | 1.8% +R1.2b | -6.4% | PS1.4x | |
| SBP Sabvest Capital | R67.29 | 3.0% +R77.7m | -10.3% | PS528.2x |