Santam Ltd provides various general insurance products in South Africa, rest of Africa, Southeast Asia, India, the Middle East, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||R250.39|
|52 Week High||R220.00|
|52 Week Low||R299.94|
|1 Month Change||4.56%|
|3 Month Change||7.00%|
|1 Year Change||7.94%|
|3 Year Change||-12.59%|
|5 Year Change||0.96%|
|Change since IPO||5,791.53%|
Recent News & Updates
|SNT||ZA Insurance||ZA Market|
Return vs Industry: SNT underperformed the ZA Insurance industry which returned 26.8% over the past year.
Return vs Market: SNT underperformed the ZA Market which returned 21.3% over the past year.
Stable Share Price: SNT is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: SNT's weekly volatility (4%) has been stable over the past year.
About the Company
Santam Ltd provides various general insurance products in South Africa, rest of Africa, Southeast Asia, India, the Middle East, and internationally. The company offers personal insurance products, including car, building, home contents, drone, executive, and watercraft insurance; and SOS services, such as road side and medical emergency, household emergency, and legal advice services. It also provides commercial insurance products comprising business, dental, guesthouse, medical, tourism, leisure, and small business insurance products.
Santam Fundamentals Summary
|SNT fundamental statistics|
Is SNT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SNT income statement (TTM)|
|Cost of Revenue||R22.66b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.00|
|Net Profit Margin||4.92%|
How did SNT perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Is Santam undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SNT (ZAR250.39) is trading above our estimate of fair value (ZAR169.14)
Significantly Below Fair Value: SNT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SNT is good value based on its PE Ratio (19.3x) compared to the ZA Insurance industry average (20.5x).
PE vs Market: SNT is poor value based on its PE Ratio (19.3x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: SNT is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: SNT is overvalued based on its PB Ratio (2.8x) compared to the ZA Insurance industry average (2.1x).
How is Santam forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SNT's forecast earnings growth (20.3% per year) is above the savings rate (8.8%).
Earnings vs Market: SNT's earnings (20.3% per year) are forecast to grow faster than the ZA market (12.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if SNT's revenue is forecast to grow faster than the ZA market.
High Growth Revenue: Insufficient data to determine if SNT's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SNT's Return on Equity is forecast to be high in 3 years time (24.7%)
How has Santam performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SNT has high quality earnings.
Growing Profit Margin: SNT's current net profit margins (4.9%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: SNT's earnings have declined by 4.7% per year over the past 5 years.
Accelerating Growth: SNT's earnings growth over the past year (29.8%) exceeds its 5-year average (-4.7% per year).
Earnings vs Industry: SNT earnings growth over the past year (29.8%) underperformed the Insurance industry 117.2%.
Return on Equity
High ROE: SNT's Return on Equity (14.8%) is considered low.
How is Santam's financial position?
Financial Position Analysis
Short Term Liabilities: SNT's short term assets (ZAR51.2B) exceed its short term liabilities (ZAR37.1B).
Long Term Liabilities: SNT's short term assets (ZAR51.2B) exceed its long term liabilities (ZAR10.1B).
Debt to Equity History and Analysis
Debt Level: SNT's debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: SNT's debt to equity ratio has increased from 24.8% to 32% over the past 5 years.
Debt Coverage: SNT's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: SNT's interest payments on its debt are well covered by EBIT (8.4x coverage).
What is Santam current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SNT's dividend (3.45%) is higher than the bottom 25% of dividend payers in the ZA market (3.07%).
High Dividend: SNT's dividend (3.45%) is low compared to the top 25% of dividend payers in the ZA market (8.09%).
Stability and Growth of Payments
Stable Dividend: SNT's dividend payments have been volatile in the past 10 years.
Growing Dividend: SNT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.5%), SNT's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SNT's dividends in 3 years are forecast to be covered by earnings (58.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lize Lambrechts (57 yo)
Ms. Lize Lambrechts, BSc (Hons), FIA (1992), EDP (Manchester), serves as an Executive Director of Sanlam Life Insurance Limited. Ms. Lambrechts had been the Chief Executive Officer and Executive Director o...
CEO Compensation Analysis
Compensation vs Market: Lize's total compensation ($USD739.71K) is about average for companies of similar size in the ZA market ($USD922.82K).
Compensation vs Earnings: Lize's compensation has been consistent with company performance over the past year.
Experienced Management: SNT's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: SNT's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Santam Ltd's employee growth, exchange listings and data sources
- Name: Santam Ltd
- Ticker: SNT
- Exchange: JSE
- Founded: 1918
- Industry: Property and Casualty Insurance
- Sector: Insurance
- Market Cap: R28.269b
- Shares outstanding: 112.90m
- Website: https://www.santam.co.za
Number of Employees
- Santam Ltd
- 1 Sportica Crescent
- Tyger Valley
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 17:04|
|End of Day Share Price||2021/10/15 00:00|
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.