Santam Future Growth

Future criteria checks 1/6

Santam's revenue is forecast to decline at 17.8% per annum while its annual earnings are expected to grow at 6.8% per year. EPS is expected to grow by 6.5% per annum. Return on equity is forecast to be 26.2% in 3 years.

Key information

6.8%

Earnings growth rate

6.5%

EPS growth rate

Insurance earnings growth	8.0%
Revenue growth rate	-17.8%
Future return on equity	26.2%
Analyst coverage	Low
Last updated	10 Sep 2024

Recent future growth updates

Recent updates

Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Dec 02

Earnings and Revenue Growth Forecasts

JSE:SNT - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	32,724	3,395	N/A	N/A	1
12/31/2024	30,583	3,277	N/A	N/A	1
6/30/2024	44,433	2,982	2,545	2,819	N/A
3/31/2024	43,213	2,764	1,471	1,743	N/A
12/31/2023	41,993	2,545	396	667	N/A
6/30/2023	39,403	2,724	1,582	1,706	N/A
3/31/2023	41,080	2,359	2,503	2,625	N/A
12/31/2022	42,756	1,994	3,423	3,543	N/A
9/30/2022	40,759	2,181	2,963	3,088	N/A
6/30/2022	38,761	2,368	2,502	2,632	N/A
3/31/2022	34,612	2,553	2,139	2,258	N/A
12/31/2021	30,462	2,737	1,776	1,884	N/A
9/30/2021	30,150	1,979	466	573	N/A
6/30/2021	29,837	1,221	-845	-738	N/A
3/31/2021	29,049	774	-503	-376	N/A
12/31/2020	28,261	327	-161	-15	N/A
9/30/2020	27,992	729	1,735	1,835	N/A
6/30/2020	27,723	1,131	3,631	3,684	N/A
3/31/2020	27,953	1,665	3,204	3,291	N/A
12/31/2019	28,182	2,199	2,777	2,897	N/A
9/30/2019	27,571	2,298	N/A	N/A	N/A
6/30/2019	26,959	2,397	2,376	2,541	N/A
3/31/2019	26,454	2,412	1,712	1,839	N/A
12/31/2018	25,948	2,427	1,047	1,136	N/A
9/30/2018	25,635	2,233	N/A	N/A	N/A
6/30/2018	25,321	2,038	625	725	N/A
3/31/2018	24,920	1,853	N/A	983	N/A
12/31/2017	24,519	1,667	N/A	1,241	N/A
9/30/2017	23,878	1,468	N/A	1,196	N/A
6/30/2017	23,237	1,268	N/A	1,151	N/A
3/31/2017	22,695	1,240	N/A	1,240	N/A
12/31/2016	22,153	1,212	N/A	1,329	N/A
9/30/2016	21,936	1,631	N/A	1,756	N/A
6/30/2016	21,719	2,050	N/A	2,183	N/A
3/31/2016	21,461	2,199	N/A	2,364	N/A
12/31/2015	21,202	2,348	N/A	2,544	N/A
9/30/2015	20,628	2,006	N/A	2,254	N/A
6/30/2015	20,054	1,663	N/A	1,964	N/A
3/31/2015	19,693	1,621	N/A	1,947	N/A
12/31/2014	19,332	1,579	N/A	1,930	N/A
9/30/2014	19,296	1,603	N/A	1,797	N/A
6/30/2014	19,260	1,626	N/A	1,664	N/A
3/31/2014	18,854	1,373	N/A	1,471	N/A
12/31/2013	18,447	1,120	N/A	1,277	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNT's forecast earnings growth (6.8% per year) is below the savings rate (9.7%).

Earnings vs Market: SNT's earnings (6.8% per year) are forecast to grow slower than the ZA market (19.7% per year).

High Growth Earnings: SNT's earnings are forecast to grow, but not significantly.

Revenue vs Market: SNT's revenue is expected to decline over the next 3 years (-17.8% per year).

High Growth Revenue: SNT's revenue is forecast to decline over the next 3 years (-17.8% 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 (26.2%)

Santam Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 11%

Price target increased by 9.7% to R340

Santam Ltd Provides Earnings Guidance for the Year Ended December 31, 2021

Santam Ltd Provides Earnings Guidance for the Six Months Ended June 30, 2021

Recent updates

Santam Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025

Santam Ltd Announce Changes to Composition of its Board and Board Committees

CEO & Executive Director recently bought R645k worth of stock

Santam (JSE:SNT) Will Pay A Dividend Of ZAR5.35

Consensus EPS estimates increase by 11%

Dividend of R5.35 announced

Santam Ltd's (JSE:SNT) Shareholders Might Be Looking For Exit

Santam Ltd to Report First Half, 2024 Results on Aug 29, 2024

Should You Be Adding Santam (JSE:SNT) To Your Watchlist Today?

Upcoming dividend of R9.05 per share

Santam (JSE:SNT) Will Pay A Dividend Of ZAR9.05

Dividend of R9.05 announced

Full year 2023 earnings released: EPS: R29.73 (vs R18.28 in FY 2022)

Santam Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable on 25 March 2024

Santam Ltd to Report Fiscal Year 2023 Results on Feb 29, 2024

Santam Ltd, Annual General Meeting, May 29, 2024

Santam Ltd's (JSE:SNT) Shares May Have Run Too Fast Too Soon

CEO & Executive Director recently bought R610k worth of stock

Is Now The Time To Put Santam (JSE:SNT) On Your Watchlist?

Upcoming dividend of R17.80 per share at 4.5% yield

Santam's (JSE:SNT) Upcoming Dividend Will Be Larger Than Last Year's

Upcoming dividend of R4.95 per share at 4.3% yield

Santam Ltd Announces Executive Changes, Effective, 30 September 2023 and 1 October 2023

Santam (JSE:SNT) Is Paying Out A Larger Dividend Than Last Year

Santam Ltd Declares Special Cash Dividend, Payable on 09 October 2023

Santam Ltd Declares Gross Interim Dividend for the Six Months Ended 30 June 2023, Payable on 26 September 2023

First half 2023 earnings released: EPS: R11.70 (vs R5.03 in 1H 2022)

CFO, Executive Head of ART exercised options to buy R1.8m worth of stock.

Santam Ltd Announces Chief Financial Officer Changes, Effective 01 July 2023

Upcoming dividend of R8.45 per share at 4.8% yield

Full year 2022 earnings released: EPS: R18.16 (vs R24.91 in FY 2021)

Santam Appoints Gugu Mtetwa as New Executive Head of Strategy and Investor Relations

Price target increased by 9.7% to R340

Santam Ltd to Report Fiscal Year 2022 Results on Mar 02, 2023

High number of new directors

Upcoming dividend of R4.62 per share

First half 2022 earnings released: EPS: R4.25 (vs R8.63 in 1H 2021)

Santam Ltd (JSE:SNT) acquired remaining 49% stake in JaSure Financial Services (Pty) Ltd.

Santam Ltd to Report First Half, 2022 Results on Sep 01, 2022

Santam Ltd Appoints Ruwaida Eksteen as Company Secretary with Effect from 1 July 2022

Upcoming dividend of R15.90 per share

Full year 2021 earnings: EPS exceeds analyst expectations

Santam Ltd Declares Special Dividend for the Year Ended December 31, 2021, Payable on 28 March 2022

Santam Ltd Provides Earnings Guidance for the Year Ended December 31, 2021

Upcoming dividend of R4.32 per share

First half 2021 earnings released: EPS R8.63 (vs R0.24 in 1H 2020)

Santam Ltd Provides Earnings Guidance for the Six Months Ended June 30, 2021

Company Secretary Masood Allie has left the company

Independent Non-Executive Director Bruce Campbell has left the company

Independent Non-executive Chairman Vusumuzi Khanyile has left the company

Santam Ltd's (JSE:SNT) Dismal Stock Performance Reflects Weak Fundamentals

Santam Ltd Announces Executive Changes

Santam Ltd Declares No Final Dividend for the Year Ended 31 December 2020

Full year 2020 earnings released: EPS R4.91 (vs R19.90 in FY 2019)

Earnings beat expectations

What Kind Of Shareholders Own Santam Ltd (JSE:SNT)?

Did You Participate In Any Of Santam's (JSE:SNT) Respectable 86% Return?

How Much Are Santam Ltd (JSE:SNT) Insiders Spending On Buying Shares?

Santam Ltd to Report Fiscal Year 2020 Results on Mar 04, 2021

Should Weakness in Santam Ltd's (JSE:SNT) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?

Santam Announces Ma-Afrika Western Cape High Court Judgment

Santam Ltd Appoints Abigail Muelelwa Mukhuba as Non-Executive Director

Market bids up stock over the past week

New 90-day high: R269

Santam Ltd Appoints Hendrik Nel as Debt Officer

New 90-day low: R234

First half earnings released

New 90-day low - R243

New 90-day low - R253

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts