Old Mutual Limited

NMSE:OMM Stock Report

Market Cap: R63.4b

Old Mutual Valuation

Is OMM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of OMM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Fair Value: Insufficient data to calculate OMM's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate OMM's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for OMM?

Key metric: As OMM is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for OMM. This is calculated by dividing OMM's market cap by their current earnings.
What is OMM's PE Ratio?
PE Ratio9.7x
EarningsR6.53b
Market CapR63.43b

Price to Earnings Ratio vs Peers

How does OMM's PE Ratio compare to its peers?

The above table shows the PE ratio for OMM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average10.7x
TLI Thai Life Insurance
11.6x11.26%฿114.5b
GNW Genworth Financial
13.7xn/aUS$3.4b
BHF Brighthouse Financial
4.2x13.07%US$3.7b
CNO CNO Financial Group
13.4x15.36%US$4.0b
OMM Old Mutual
9.7x3.79%R63.4b

Price-To-Earnings vs Peers: OMM is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (10.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does OMM's PE Ratio compare vs other companies in the African Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
OMM 9.7xIndustry Avg. 9.4xNo. of Companies8PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OMM is expensive based on its Price-To-Earnings Ratio (9.7x) compared to the African Insurance industry average (9.2x).

Price to Earnings Ratio vs Fair Ratio

What is OMM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OMM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate OMM's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst OMM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR14.86
R14.44
-2.81%
17.54%R18.22R9.90n/a8
Jan ’27R14.90
R14.31
-3.93%
17.66%R18.22R9.90n/a8
Dec ’26R13.86
R14.26
+2.90%
17.45%R18.22R9.90n/a8
Nov ’26R13.55
R14.03
+3.51%
17.01%R17.80R9.90n/a8
Oct ’26R12.69
R13.98
+10.13%
18.20%R17.80R9.90n/a7
Sep ’26R13.63
R13.18
-3.29%
20.66%R17.50R9.90n/a7
Aug ’26R12.39
R13.17
+6.26%
20.60%R17.50R9.90n/a7
Jul ’26R12.27
R13.13
+7.04%
18.54%R17.50R9.90n/a7
Jun ’26R11.67
R13.13
+12.55%
18.54%R17.50R9.90n/a7
May ’26R11.33
R13.13
+15.92%
18.54%R17.50R9.90n/a7
Apr ’26R11.99
R13.60
+13.46%
16.39%R17.50R10.90n/a7
Mar ’26R12.66
R13.89
+9.68%
15.53%R17.50R10.90n/a7
Feb ’26R12.35
R13.76
+11.39%
17.08%R17.50R10.00n/a7
Jan ’26R12.51
R13.66
+9.19%
16.15%R16.85R10.00R14.907
Dec ’25R12.69
R13.66
+7.64%
16.15%R16.85R10.00R13.867
Nov ’25R12.29
R13.66
+11.15%
16.15%R16.85R10.00R13.557
Oct ’25R13.47
R14.14
+4.98%
14.45%R16.85R10.00R12.697
Sep ’25R12.90
R14.07
+9.05%
14.65%R17.00R10.00R13.637
Aug ’25R12.13
R14.66
+20.87%
8.07%R16.50R12.75R12.396
Jul ’25R12.60
R14.31
+13.56%
10.88%R16.50R12.00R12.276
Jun ’25R10.63
R14.31
+34.60%
10.88%R16.50R12.00R11.676
May ’25R11.02
R14.41
+30.79%
8.90%R16.50R12.52R11.336
Apr ’25R11.75
R14.73
+25.38%
5.72%R16.00R13.50R11.995
Mar ’25R12.20
R14.81
+21.41%
5.96%R16.00R13.50R12.665
Feb ’25R12.53
R14.87
+18.69%
5.02%R16.00R14.00R12.355
Jan ’25R13.06
R14.95
+14.46%
4.27%R16.00R14.00R12.515
R14.44
Fair Value
2.9% overvalued intrinsic discount
8
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/14 06:49
End of Day Share Price 2026/01/14 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Old Mutual Limited is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Adrienne DamantAvior Capital Markets
Edward HoughtonBernstein