JSE (JSE) Stock Overview
Operates as a stock exchange in South Africa. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 6/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
JSE Community Fair Values
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Analyst Price Targets
JSE Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R156.14 |
| 52 Week High | R179.95 |
| 52 Week Low | R123.61 |
| Beta | 0.41 |
| 1 Month Change | -8.52% |
| 3 Month Change | 0.97% |
| 1 Year Change | 19.39% |
| 3 Year Change | 71.96% |
| 5 Year Change | 34.84% |
| Change since IPO | 543.88% |
Recent News & Updates
Narrative Update • Apr 24
JSE: Future Dividends And Steady Assumptions Will Shape Return Profile
Analysts have kept the JSE price target steady at ZAR165, with only minor tweaks to assumptions such as a slightly higher discount rate and marginally adjusted revenue growth, profit margin and future P/E inputs informing this unchanged view. What's in the News JSE Limited announced an annual dividend of ZAR 9.61 per share, payable on April 20, 2026, with an ex-date of April 15, 2026, and a record date of April 17, 2026 (Key Developments).Narrative Update • Apr 08
JSE: Future Dividends And Stable Assumptions Will Shape Return Profile
Analysts have left their ZAR fair value estimate for JSE unchanged at ZAR165, with only small adjustments to the discount rate and assumed future P/E, supporting a steady view on the stock's valuation. What's in the News JSE Limited announced an annual dividend of ZAR 9.6100 per share, payable on April 20, 2026, with an ex-date of April 15, 2026 and a record date of April 17, 2026 (Key Developments).Narrative Update • Mar 25
JSE: Future Dividends And Stable Assumptions Will Shape Return Profile
Analysts have trimmed their JSE price target slightly to ZAR165 from ZAR166, reflecting minor adjustments to assumptions around the discount rate, long term revenue growth, profit margin and future P/E. What's in the News Annual dividend of ZAR 9.61 per share declared, with ex date on April 15, 2026, record date on April 17, 2026, and payment on April 20, 2026 (company announcement).
New Narrative • Mar 11
Data And Infrastructure Modernisation Will Reshape This Exchange Over The Next Decade
Catalysts About JSE JSE operates South Africa's primary securities exchange, providing trading, clearing, settlement and information services across multiple asset classes. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 10
JSE: Future Dividend Payouts And Revised Assumptions Will Shape Return Profile
Analysts have lifted their JSE price target from ZAR154.50 to ZAR166.00, pointing to a recalibrated view that blends a lower discount rate, a slightly softer revenue growth outlook, a small uptick in profit margin, and a reduced future P/E assumption. What's in the News JSE Limited announced an annual dividend of ZAR 9.61 per share, payable on April 20, 2026, with ex-date on April 15, 2026, and record date on April 17, 2026 (Key Developments).Recent updates
Narrative Update • Apr 24
JSE: Future Dividends And Steady Assumptions Will Shape Return Profile
Analysts have kept the JSE price target steady at ZAR165, with only minor tweaks to assumptions such as a slightly higher discount rate and marginally adjusted revenue growth, profit margin and future P/E inputs informing this unchanged view. What's in the News JSE Limited announced an annual dividend of ZAR 9.61 per share, payable on April 20, 2026, with an ex-date of April 15, 2026, and a record date of April 17, 2026 (Key Developments).Narrative Update • Apr 08
JSE: Future Dividends And Stable Assumptions Will Shape Return Profile
Analysts have left their ZAR fair value estimate for JSE unchanged at ZAR165, with only small adjustments to the discount rate and assumed future P/E, supporting a steady view on the stock's valuation. What's in the News JSE Limited announced an annual dividend of ZAR 9.6100 per share, payable on April 20, 2026, with an ex-date of April 15, 2026 and a record date of April 17, 2026 (Key Developments).Narrative Update • Mar 25
JSE: Future Dividends And Stable Assumptions Will Shape Return Profile
Analysts have trimmed their JSE price target slightly to ZAR165 from ZAR166, reflecting minor adjustments to assumptions around the discount rate, long term revenue growth, profit margin and future P/E. What's in the News Annual dividend of ZAR 9.61 per share declared, with ex date on April 15, 2026, record date on April 17, 2026, and payment on April 20, 2026 (company announcement).New Narrative • Mar 11
Data And Infrastructure Modernisation Will Reshape This Exchange Over The Next Decade
Catalysts About JSE JSE operates South Africa's primary securities exchange, providing trading, clearing, settlement and information services across multiple asset classes. What are the underlying business or industry changes driving this perspective?Narrative Update • Mar 10
JSE: Future Dividend Payouts And Revised Assumptions Will Shape Return Profile
Analysts have lifted their JSE price target from ZAR154.50 to ZAR166.00, pointing to a recalibrated view that blends a lower discount rate, a slightly softer revenue growth outlook, a small uptick in profit margin, and a reduced future P/E assumption. What's in the News JSE Limited announced an annual dividend of ZAR 9.61 per share, payable on April 20, 2026, with ex-date on April 15, 2026, and record date on April 17, 2026 (Key Developments).Narrative Update • Sep 24
Digital Infrastructure Upgrades And African Market Expansion Will Boost Efficiency
The consensus price target for JSE saw a slight upward revision as analysts raised their revenue growth forecasts, while profit margin expectations remained stable, resulting in a new fair value of ZAR154.50. Valuation Changes Summary of Valuation Changes for JSE The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from ZAR152.60 to ZAR154.50.Analysis Article • May 08
Here's Why Shareholders May Want To Be Cautious With Increasing JSE Limited's (JSE:JSE) CEO Pay Packet
Key Insights JSE to hold its Annual General Meeting on 14th of May CEO Leila Fourie's total compensation includes...
New Narrative • Mar 16
Data And Analytics Expansion Will Increase Product Offerings By 2025
Expansion in data and analytics aims to diversify offerings and boost non-trading revenue, supporting overall growth.Analysis Article • May 01
Shareholders Will Probably Hold Off On Increasing JSE Limited's (JSE:JSE) CEO Compensation For The Time Being
Key Insights JSE's Annual General Meeting to take place on 7th of May Total pay for CEO Leila Fourie includes R7.64m...Analysis Article • Mar 28
JSE (JSE:JSE) Is Paying Out A Larger Dividend Than Last Year
The board of JSE Limited ( JSE:JSE ) has announced that it will be paying its dividend of ZAR7.84 on the 15th of April...Analysis Article • Mar 03
JSE (JSE:JSE) Is Increasing Its Dividend To R8.54
The board of JSE Limited ( JSE:JSE ) has announced that the dividend on 28th of March will be increased to R8.54, which...Shareholder Returns
| JSE | ZA Capital Markets | ZA Market | |
|---|---|---|---|
| 7D | -4.0% | -2.7% | -2.1% |
| 1Y | 19.4% | 13.1% | 22.4% |
Return vs Industry: JSE exceeded the ZA Capital Markets industry which returned 13.9% over the past year.
Return vs Market: JSE underperformed the ZA Market which returned 22.4% over the past year.
Price Volatility
| JSE volatility | |
|---|---|
| JSE Average Weekly Movement | 4.3% |
| Capital Markets Industry Average Movement | 4.7% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in ZA Market | 11.2% |
| 10% least volatile stocks in ZA Market | 3.3% |
Stable Share Price: JSE has not had significant price volatility in the past 3 months compared to the ZA market.
Volatility Over Time: JSE's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1887 | n/a | Valdene Reddy | www.jse.co.za |
JSE Limited operates as a stock exchange in South Africa. It offers international securities identification number (ISIN) and national numbering agency (NNA) related services, regulatory compliance services in post-trade activities, capital market, and colocation and connectivity services; and operates training academy. The company was founded in 1887 and is based in Johannesburg, South Africa.
JSE Limited Fundamentals Summary
| JSE fundamental statistics | |
|---|---|
| Market cap | R12.65b |
| Earnings (TTM) | R1.07b |
| Revenue (TTM) | R3.43b |
11.8x
P/E Ratio3.7x
P/S RatioIs JSE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| JSE income statement (TTM) | |
|---|---|
| Revenue | R3.43b |
| Cost of Revenue | R0 |
| Gross Profit | R3.43b |
| Other Expenses | R2.36b |
| Earnings | R1.07b |
Last Reported Earnings
Dec 31, 2025
Next Earnings Date
Aug 04, 2026
| Earnings per share (EPS) | 13.22 |
| Gross Margin | 100.00% |
| Net Profit Margin | 31.21% |
| Debt/Equity Ratio | 0% |
How did JSE perform over the long term?
See historical performance and comparisonDividends
6.2%
Current Dividend Yield73%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/14 08:39 |
| End of Day Share Price | 2026/05/13 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
JSE Limited is covered by 10 analysts. 3 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 |
|---|---|
| Sabena Omar | Avior Capital Markets |
| Frederik Conradie de Beer | Avior Capital Markets |
| Bankole Ubogu | Deutsche Bank |