Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

South African (JSE) Industrial Conglomerates Industry Analysis

UpdatedMar 04, 2026
DataAggregated Company Financials
Companies4
  • 7D-3.2%
  • 3M6.5%
  • 1Y0.3%
  • YTDn/a

The Industrial Conglomerates industry is up 2.1% in the last week, with Bidvest Group up 3.6%. During this same period, the KAP underperformed, falling 13%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Mar 2026R108.4bR194.0bR8.5b11.8x12.8x0.6x
Sat, 31 Jan 2026R106.6bR194.0bR8.5b11.5x12.5x0.5x
Mon, 29 Dec 2025R106.2bR194.0bR8.5b11.5x12.5x0.5x
Wed, 26 Nov 2025R104.1bR193.5bR13.6b11.5x7.6x0.5x
Fri, 24 Oct 2025R100.6bR193.8bR13.6b11.1x7.4x0.5x
Sun, 21 Sep 2025R97.2bR193.8bR13.6b11x7.2x0.5x
Tue, 19 Aug 2025R103.0bR193.0bR15.0b6.6x6.9x0.5x
Thu, 17 Jul 2025R101.7bR193.0bR15.0b6.9x6.8x0.5x
Sat, 14 Jun 2025R101.5bR193.0bR15.0b6.9x6.8x0.5x
Mon, 12 May 2025R106.9bR193.4bR9.2b10.7x11.6x0.6x
Wed, 09 Apr 2025R100.7bR193.4bR9.2b9.9x10.9x0.5x
Fri, 07 Mar 2025R107.9bR193.4bR9.2b11.1x11.7x0.6x
Sun, 02 Feb 2025R116.5bR189.6bR9.4b12x12.4x0.6x
Tue, 31 Dec 2024R123.1bR189.6bR9.4b12.7x13.1x0.6x
Thu, 28 Nov 2024R127.9bR189.9bR9.1b13.1x14x0.7x
Sat, 26 Oct 2024R132.9bR189.6bR9.1b14x14.6x0.7x
Mon, 23 Sep 2024R131.8bR189.6bR9.1b13.9x14.5x0.7x
Wed, 21 Aug 2024R130.2bR187.3bR7.8b19x16.6x0.7x
Fri, 19 Jul 2024R126.3bR187.3bR7.8b19x16.1x0.7x
Sun, 16 Jun 2024R118.3bR187.3bR7.8b17.4x15.1x0.6x
Tue, 14 May 2024R118.2bR186.7bR10.4b13x11.4x0.6x
Thu, 11 Apr 2024R113.6bR186.7bR10.4b12.4x10.9x0.6x
Sat, 09 Mar 2024R117.7bR186.7bR10.4b12.8x11.3x0.6x
Mon, 05 Feb 2024R116.1bR189.3bR18.0b10.4x6.5x0.6x
Wed, 03 Jan 2024R121.9bR189.3bR18.0b10.3x6.8x0.6x
Fri, 01 Dec 2023R116.4bR189.3bR18.0b10.7x6.5x0.6x
Sun, 29 Oct 2023R123.0bR187.1bR17.9b9.8x6.9x0.7x
Tue, 26 Sep 2023R131.4bR187.1bR17.9b10.3x7.3x0.7x
Thu, 24 Aug 2023R132.6bR179.1bR18.6b5.7x7.1x0.7x
Sat, 22 Jul 2023R129.3bR179.1bR18.6b5.6x7x0.7x
Mon, 19 Jun 2023R133.2bR179.1bR18.6b6x7.2x0.7x
Wed, 17 May 2023R117.7bR176.8bR18.1b5.1x6.5x0.7x
Fri, 14 Apr 2023R123.9bR176.8bR18.1b5.3x6.9x0.7x
Sun, 12 Mar 2023R128.5bR176.8bR18.1b5.5x7.1x0.7x
Price to Earnings Ratio

7.1x


Total Market Cap: R128.5bTotal Earnings: R18.1bTotal Revenue: R176.8bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Industrial Conglomerates Industry Price to Earnings3Y Average 10.2x202420252026
Current Industry PE
  • Investors are optimistic on the South African Industrial Conglomerates industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 13.4x which is higher than its 3-year average PE of 10.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
  • The earnings for companies in the Industrial Conglomerates industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 4.5% 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 Industrial Conglomerates compare with similar industries?

ZA Market-4.17%
Industrials-3.80%
Industrials-3.20%
Industrial Conglomerates-3.20%
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
HCI Hosken Consolidated InvestmentsR171.508.8%
+R1.0b		22.6%PE7.9x

Latest News

BVT
R244.64
Bidvest Group
7D
-1.1%
1Y
4.6%
RLO
R64.80
Reunert
7D
-1.2%
1Y
1.3%
KAP
R1.86
KAP
7D
-21.8%
1Y
-36.5%

KAP: Lower Future P/E Assumptions Will Constrain Upside Despite EPS Guidance

Analysts have reduced their fair value estimate for KAP from ZAR2.15 to ZAR1.95, citing adjustments to assumed revenue growth, profit margins, and a lower future P/E multiple. What's in the News KAP issued earnings guidance for the six months ended 31 December 2025, indicating expected EPS in a range of 20.1 cents to 21.3 cents.
HCI
R171.50
Hosken Consolidated Investments
7D
8.8%
1Y
22.6%