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South African (JSE) Industrials Industry Analysis

UpdatedSep 17, 2025
DataAggregated Company Financials
Companies4
  • 7D-2.2%
  • 3M-6.7%
  • 1Y-27.9%
  • YTD-22.6%

Over the last 7 days, the Industrials industry has dropped 2.2%, driven by a pullback from KAP of 15%. The industry has fallen 28% in the last year. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Sep 2025R94.6bR193.8bR13.6b10.7x7x0.5x
Fri, 15 Aug 2025R103.1bR193.0bR15.0b6.7x6.9x0.5x
Sun, 13 Jul 2025R103.3bR193.0bR15.0b6.9x6.9x0.5x
Tue, 10 Jun 2025R109.7bR193.0bR15.0b8.2x7.3x0.6x
Thu, 08 May 2025R106.8bR193.4bR9.2b10.7x11.6x0.6x
Sat, 05 Apr 2025R97.8bR193.4bR9.2b9.7x10.6x0.5x
Mon, 03 Mar 2025R111.6bR189.9bR9.3b11x12x0.6x
Wed, 29 Jan 2025R116.3bR189.6bR9.4b12x12.4x0.6x
Fri, 27 Dec 2024R125.3bR189.6bR9.4b12.8x13.3x0.7x
Sun, 24 Nov 2024R131.8bR189.9bR9.1b13.6x14.4x0.7x
Tue, 22 Oct 2024R133.1bR189.6bR9.1b14.1x14.7x0.7x
Thu, 19 Sep 2024R131.4bR189.6bR9.1b13.9x14.5x0.7x
Sat, 17 Aug 2024R130.5bR187.3bR7.8b19.1x16.6x0.7x
Mon, 15 Jul 2024R127.6bR187.3bR7.8b18.8x16.3x0.7x
Wed, 12 Jun 2024R113.1bR187.3bR7.8b16.7x14.4x0.6x
Fri, 10 May 2024R117.7bR186.7bR10.4b12.8x11.3x0.6x
Sun, 07 Apr 2024R112.6bR186.7bR10.4b12.3x10.8x0.6x
Tue, 05 Mar 2024R117.1bR186.7bR10.4b12.8x11.3x0.6x
Thu, 01 Feb 2024R118.1bR189.3bR18.0b10.4x6.6x0.6x
Sat, 30 Dec 2023R123.0bR189.3bR18.0b10.4x6.8x0.6x
Mon, 27 Nov 2023R130.8bR188.6bR17.9b10.7x7.3x0.7x
Wed, 25 Oct 2023R123.3bR187.1bR17.9b10.4x6.9x0.7x
Fri, 22 Sep 2023R131.1bR187.1bR17.9b10.4x7.3x0.7x
Sun, 20 Aug 2023R128.6bR179.1bR18.6b5.4x6.9x0.7x
Tue, 18 Jul 2023R129.0bR179.1bR18.6b5.7x6.9x0.7x
Thu, 15 Jun 2023R129.5bR179.1bR18.6b5.7x7x0.7x
Sat, 13 May 2023R117.7bR176.8bR18.1b5x6.5x0.7x
Mon, 10 Apr 2023R123.9bR176.8bR18.1b5.3x6.9x0.7x
Wed, 08 Mar 2023R129.1bR169.8bR17.7b5.5x7.3x0.8x
Fri, 03 Feb 2023R116.9bR168.1bR17.9b5.8x6.5x0.7x
Sun, 01 Jan 2023R109.6bR168.1bR17.9b6.3x6.1x0.7x
Tue, 29 Nov 2022R114.6bR164.5bR17.1b6.6x6.7x0.7x
Thu, 27 Oct 2022R108.8bR164.5bR17.1b6.7x6.4x0.7x
Sat, 24 Sep 2022R107.3bR164.5bR17.1b6.8x6.3x0.7x
Price to Earnings Ratio

6.3x


Total Market Cap: R107.3bTotal Earnings: R17.1bTotal Revenue: R164.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Industrials Industry Price to Earnings3Y Average 9.6x202320242025
Current Industry PE
  • Investors are pessimistic on the South African Industrials 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 7.0x which is lower than its 3-year average PE of 9.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 7.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.6% 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 Trends

Which industries have driven the changes within the South African Industrials industry?

ZA Market1.14%
Industrials-1.97%
Industrials-2.22%
Industrial Conglomerates-2.22%
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
BVT Bidvest GroupR217.150.7%
+R523.4m		-23.1%PE12.5x
RLO ReunertR55.100.3%
+R26.7m		-29.0%PE9.1x

Latest News

KAP
R1.49
KAP
7D
-15.3%
1Y
-55.3%
BVT
R217.15
Bidvest Group
7D
0.7%
1Y
-23.1%

Digital Integration, Hygiene Expansion And Logistics Will Drive Lasting Momentum

The consensus analyst price target for Bidvest Group has been revised downward, primarily reflecting a modest reduction in future P/E expectations, resulting in a new fair value estimate of ZAR303.05. What's in the News Bidvest Group declared a final gross cash dividend of 453 cents per ordinary share (362.4 cents net of tax) for the year ended 30 June 2025.
RLO
R55.10
Reunert
7D
0.3%
1Y
-29.0%
HCI
R120.93
Hosken Consolidated Investments
7D
-0.9%
1Y
-33.7%