South African (JSE) Life and Health Insurance Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies6
- 7D4.1%
- 3M-10.5%
- 1Y-1.6%
- YTD-6.1%
Over the last 7 days, the Life and Health Insurance industry has risen 4.1%, driven by gains from every company within the industry. Despite this gain, the industry's performance has been flat over the past year. As for the next few years, earnings are expected to grow by 17% per annum.
Industry Valuation and Performance
Has the South African Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | R357.3b | R703.8b | R23.6b | 17x |
| Mon, 25 Apr 2022 | R376.4b | R703.8b | R23.6b | 16.7x |
| Wed, 23 Mar 2022 | R449.5b | R749.0b | R25.2b | 25x |
| Fri, 18 Feb 2022 | R450.2b | R690.2b | R21.5b | 26.6x |
| Sun, 16 Jan 2022 | R425.4b | R690.2b | R21.5b | 24.6x |
| Tue, 14 Dec 2021 | R385.9b | R690.2b | R21.5b | 23.6x |
| Thu, 11 Nov 2021 | R404.3b | R690.2b | R21.5b | 22.5x |
| Sat, 09 Oct 2021 | R408.3b | R690.2b | R21.5b | 22x |
| Mon, 06 Sep 2021 | R385.8b | R688.8b | R20.1b | 24.4x |
| Wed, 04 Aug 2021 | R360.8b | R689.2b | R20.1b | 21.9x |
| Sat, 08 May 2021 | R353.1b | R579.4b | R8.8b | 29.6x |
| Tue, 09 Feb 2021 | R353.5b | R470.0b | -R2,510,476,000.00 | 30.3x |
| Mon, 02 Nov 2020 | R290.9b | R442.0b | -R1,735,979,500.00 | 28.8x |
| Thu, 06 Aug 2020 | R346.2b | R413.5b | -R951,483,000.00 | 127.6x |
| Sun, 10 May 2020 | R341.7b | R492.3b | R15.8b | 18.7x |
| Sat, 01 Feb 2020 | R423.2b | R570.6b | R32.5b | 11.5x |
| Tue, 05 Nov 2019 | R456.1b | R520.6b | R31.9b | 12.3x |
| Fri, 09 Aug 2019 | R450.7b | R470.6b | R31.3b | 13x |
Median PE Ratio
15.1x
Current Industry PE
- Investors are more pessimistic on the 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 17.0x which is lower than its 3-year average PE of 29.9x.
Past Earnings Growth
- The earnings for companies in the Life and Health Insurance industry have declined 4.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 20% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does South African Life and Health Insurance compare with similar industries?
| ZA Market | 2.68% | |
| Financials | 2.71% | |
| Insurance | 3.99% | |
| Life and Health Insurance | 4.05% | |
| Property and Casualty Insurance | 3.29% | |
| Insurance Brokers | 0% | |
| General Insurance | 0% | |
| Reinsurance | 0% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SLM Sanlam | R66.43 | 5.7% +R7.4b | 12.6% | PS14.4x | |
| OMU Old Mutual | R12.48 | 3.6% +R2.0b | -12.7% | PS8.8x | |
| DSY Discovery | R141.18 | 2.0% +R1.8b | -1.3% | PS20.2x | |
| RMI Rand Merchant Investment Holdings | R28.45 | 4.3% +R1.8b | -12.5% | PS19.7x | |
| MTM Momentum Metropolitan Holdings | R15.57 | 3.5% +R755.0m | -21.0% | PS92.8x |