Coronation Fund Managers Limited

JSE:CML Stock Report

Market Cap: R15.1b

Coronation Fund Managers Past Earnings Performance

Past criteria checks 4/6

Coronation Fund Managers's earnings have been declining at an average annual rate of -1.3%, while the Capital Markets industry saw earnings growing at 13.8% annually. Revenues have been growing at an average rate of 0.9% per year. Coronation Fund Managers's return on equity is 87.8%, and it has net margins of 56.4%.

Key information

-1.3%

Earnings growth rate

-1.3%

EPS growth rate

Capital Markets Industry Growth14.4%
Revenue growth rate0.9%
Return on equity87.8%
Net Margin56.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Coronation Fund Managers (JSE:CML) Is Increasing Its Dividend To ZAR2.28

Nov 22
Coronation Fund Managers (JSE:CML) Is Increasing Its Dividend To ZAR2.28

Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing

Sep 13
Coronation Fund Managers Limited's (JSE:CML) Popularity With Investors Is Under Threat From Overpricing

Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year

Nov 24
Coronation Fund Managers (JSE:CML) Will Pay A Smaller Dividend Than Last Year

Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns

Feb 16
Here's Why Coronation Fund Managers Limited's (JSE:CML) CEO Compensation Is The Least Of Shareholders Concerns

Zooming in on JSE:CML's 7.8% Dividend Yield

Feb 01
Zooming in on JSE:CML's 7.8% Dividend Yield

What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition

Jan 11
What You Need To Know About Coronation Fund Managers Limited's (JSE:CML) Investor Composition

How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?

Dec 22
How Much Is Coronation Fund Managers' (JSE:CML) CEO Getting Paid?

Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend

Dec 05
Here's Why We're Wary Of Buying Coronation Fund Managers' (JSE:CML) For Its Upcoming Dividend

Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings

Nov 23
Coronation Fund Managers Limited (JSE:CML) Insiders Increased Their Holdings

Revenue & Expenses Breakdown

How Coronation Fund Managers makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

JSE:CML Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 243,9132,2052,2550
30 Jun 243,8191,7622,1660
31 Mar 243,7251,3192,0770
31 Dec 233,6869802,1160
30 Sep 233,6476402,1540
30 Jun 233,6296232,1110
31 Mar 233,6106062,0670
31 Dec 223,6749441,9650
30 Sep 223,7381,2811,8620
30 Jun 223,8921,3951,9140
31 Mar 224,0451,5091,9650
31 Dec 214,1791,6082,0350
30 Sep 214,3131,7072,1040
30 Jun 214,2071,6862,1040
31 Mar 214,1001,6652,1040
31 Dec 203,8861,5302,0280
30 Sep 203,6711,3941,9520
30 Jun 203,5621,3181,8980
31 Mar 203,4521,2421,8430
31 Dec 193,3831,2191,8200
30 Sep 193,3131,1961,7970
30 Jun 193,3631,2321,8160
31 Mar 193,4131,2671,8350
31 Dec 183,6321,3691,8840
30 Sep 183,8501,4711,9330
30 Jun 183,9581,5071,9650
31 Mar 184,0661,5421,9970
31 Dec 173,9951,5331,9660
30 Sep 173,9231,5231,9340
30 Jun 173,9431,5281,4890
31 Mar 173,9631,5331,0430
31 Dec 164,0311,5545830
30 Sep 164,0991,5741230
30 Jun 164,2421,6641070
31 Mar 164,3851,753900
31 Dec 154,4371,783900
30 Sep 154,4881,812890
30 Jun 154,5911,856870
31 Mar 154,6931,899850
31 Dec 144,7591,950850
30 Sep 144,8252,001840
30 Jun 144,6621,925770
31 Mar 144,4991,848690
31 Dec 134,0831,652690

Quality Earnings: CML has a large one-off gain of ZAR10.3B impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: CML's current net profit margins (56.4%) are higher than last year (17.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: CML's earnings have declined by 1.3% per year over the past 5 years.

Accelerating Growth: CML's earnings growth over the past year (244.5%) exceeds its 5-year average (-1.3% per year).

Earnings vs Industry: CML earnings growth over the past year (244.5%) exceeded the Capital Markets industry 10.8%.


Return on Equity

High ROE: CML's Return on Equity (87.8%) is considered outstanding.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:11
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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 here.

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 .

Analyst Sources

Coronation Fund Managers Limited is covered by 12 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jaap MeijerArqaam Capital Research Offshore S.A.L.
David TalpertAvior Capital Markets
Richard LadbrookBarclays