Santam (RXWA) Stock Overview

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally. More details

RXWA fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	4/6
Financial Health	5/6
Dividends	4/6

Rewards

Trading at 42% below our estimate of its fair value

Earnings are forecast to grow 8.39% per year

Earnings have grown 23.6% per year over the past 5 years

Risk Analysis

Unstable dividend track record

RXWA Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

View Stock Community

Santam Ltd Competitors

Price History & Performance

Summary of share price highs, lows and changes for Santam
Historical stock prices
Current Share Price	R20.60
52 Week High	R23.00
52 Week Low	R18.80
Beta	0.35
1 Month Change	0.98%
3 Month Change	-2.83%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.98%

Recent updates

Shareholder Returns

	RXWA	DE Insurance	DE Market
7D	3.0%	2.9%	3.3%
1Y	n/a	6.6%	11.2%

Return vs Industry: Insufficient data to determine how RXWA performed against the German Insurance industry.

Return vs Market: Insufficient data to determine how RXWA performed against the German Market.

Price Volatility

Is RXWA's price volatile compared to industry and market?
RXWA volatility
RXWA Average Weekly Movement	4.7%
Insurance Industry Average Movement	3.4%
Market Average Movement	6.1%
10% most volatile stocks in DE Market	13.7%
10% least volatile stocks in DE Market	2.6%

Stable Share Price: RXWA has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine RXWA's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1918	n/a	Tava Madzinga	www.santam.co.za

Santam Ltd, together with its subsidiaries, provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally. It offers personal insurance, such as car insurance, home, contents insurance, building insurance, all risk insurance, watercraft insurance, drone insurance, travel insurance, and personal legal insurance; business insurance, including motor insurance, property insurance, small, business insurance, liability insurance, business legal insurance, and industry specific products. The company also provides insurance for specialized risks comprising accident and health, aviation, business travel insurance, casualty, cell captive, commercial drone, construction and engineering, corporate property, crop insurance, emerging business, family protect, heavy haulage, legal insurance, marine, motor fleets, private client, and structured insurance.

Santam Ltd Fundamentals Summary

How do Santam's earnings and revenue compare to its market cap?
RXWA fundamental statistics
Market cap	€2.34b
Earnings (TTM)	€211.74m
Revenue (TTM)	€3.19b

11.1x

P/E Ratio

0.7x

P/S Ratio

Is RXWA overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RXWA income statement (TTM)
Revenue	R61.24b
Cost of Revenue	R49.08b
Gross Profit	R12.16b
Other Expenses	R8.10b
Earnings	R4.06b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Sep 07, 2026

Earnings per share (EPS)	37.16
Gross Margin	19.85%
Net Profit Margin	6.63%
Debt/Equity Ratio	32.1%

How did RXWA perform over the long term?

See historical performance and comparison

Dividends

4.1%

Current Dividend Yield

45%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/04/19 15:07
End of Day Share Price	2026/04/17 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Santam Ltd is covered by 14 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Francois Du Toit	Anchor Stockbrokers Proprietary Limited
Adrienne Damant	Avior Capital Markets
Robert Rice	Barclays

Santam LtdDB:RXWA Stock Report