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South African (JSE) Life and Health Insurance Industry Analysis

UpdatedMay 30, 2023
DataAggregated Company Financials
Companies6
  • 7D-0.7%
  • 3M-10.9%
  • 1Y-11.1%
  • YTD3.9%

In the last week, the Life and Health Insurance industry is flat overall, with Old Mutual standing out by going down 3.9%. As for the longer term, the industry has declined 11% in the last year. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the South African Life and Health Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 30 May 2023R319.3bR354.1bR31.7b8.3x10.1x0.9x
Thu, 27 Apr 2023R339.8bR354.1bR31.7b8.8x10.7x1x
Sat, 25 Mar 2023R336.1bR361.2bR31.7b8.7x10.6x0.9x
Mon, 20 Feb 2023R356.8bR432.8bR31.1b9.1x11.5x0.8x
Wed, 18 Jan 2023R336.6bR432.8bR31.1b8.8x10.8x0.8x
Fri, 16 Dec 2022R299.6bR432.8bR31.1b8.4x9.6x0.7x
Sun, 13 Nov 2022R316.1bR432.8bR31.1b9.1x10.2x0.7x
Tue, 11 Oct 2022R285.7bR432.8bR31.1b9x9.2x0.7x
Thu, 08 Sep 2022R312.4bR592.3bR25.9b14.7x12.1x0.5x
Sat, 06 Aug 2022R320.3bR703.8bR23.6b15.2x13.6x0.5x
Mon, 04 Jul 2022R309.5bR703.8bR23.6b14.8x13.1x0.4x
Wed, 01 Jun 2022R364.3bR703.8bR23.6b17.2x15.4x0.5x
Fri, 29 Apr 2022R368.9bR703.8bR23.6b16.6x15.6x0.5x
Sun, 27 Mar 2022R449.6bR787.6bR24.6b24.9x18.3x0.6x
Tue, 22 Feb 2022R442.2bR690.2bR21.5b25.7x20.6x0.6x
Thu, 20 Jan 2022R412.5bR690.2bR21.5b24.1x19.2x0.6x
Sat, 18 Dec 2021R390.5bR690.2bR21.5b23.3x18.2x0.6x
Mon, 15 Nov 2021R401.7bR690.2bR21.5b22.5x18.7x0.6x
Wed, 13 Oct 2021R412.2bR690.2bR21.5b22.1x19.2x0.6x
Fri, 10 Sep 2021R378.5bR688.8bR20.1b24.1x18.8x0.5x
Sun, 08 Aug 2021R370.9bR689.2bR20.1b22.7x18.5x0.5x
Sat, 01 May 2021R353.1bR579.4bR8.8b29.6x40.1x0.6x
Tue, 02 Feb 2021R353.5bR470.0b-R2,510,476,000.0030.3x-140.8x0.8x
Fri, 06 Nov 2020R290.9bR442.0b-R1,735,979,500.0028.8x-167.6x0.7x
Mon, 10 Aug 2020R346.2bR413.5b-R951,483,000.00127.6x-363.9x0.8x
Price to Earnings Ratio

20.3x


Total Market Cap: R320.1bTotal Earnings: R15.8bTotal Revenue: R492.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Life and Health Insurance Industry Price to Earnings3Y Average -44x202120222023
Current Industry PE
  • Investors are pessimistic on the South African Life and Health Insurance 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 10.1x which is higher than its 3-year average PE of -44.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Life and Health Insurance industry have grown 26% per year over the last three years.
  • Meanwhile revenues for these companies have declined 10% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does South African Life and Health Insurance compare with similar industries?

ZA Market-2.36%
Financials-2.24%
Insurance-0.79%
Life and Health Insurance-0.74%
Insurance Brokers0%
General Insurance0%
Reinsurance0%
Property and Casualty Insurance-1.36%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MTM Momentum Metropolitan HoldingsR17.752.7%
+R541.4m
11.9%PE4.5x
CLI ClientèleR9.952.1%
+R67.1m
-14.2%PE7.1x
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Latest News

DSY

R134.48

Discovery

7D

-0.4%

1Y

-7.5%

SLM

R51.84

Sanlam

7D

-1.4%

1Y

-23.2%

OMU

R10.76

Old Mutual

7D

-3.8%

1Y

-15.7%

OUT

R31.15

OUTsurance Group

7D

-2.9%

1Y

8.5%

MTM

R17.75

Momentum Metropolitan Holdings

7D

2.7%

1Y

11.9%

CLI

R9.95

Clientèle

7D

2.1%

1Y

-14.2%