South African (JSE) Asset Management Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies19
- 7D1.7%
- 3M-2.2%
- 1Y1.2%
- YTD-1.9%
In the last week, the Asset Management industry is up 1.7%, with Alexander Forbes Group Holdings up 3.6%. Overall in the last year, the industry is flat.
Industry Valuation and Performance
Has the South African Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | R64.4b | R26.2b | -R784,128,977.00 | 15.1x | -82.1x | 2.5x |
| Wed, 27 Sep 2023 | R63.5b | R25.9b | -R851,819,977.00 | 13.9x | -74.6x | 2.5x |
| Fri, 25 Aug 2023 | R56.8b | R23.8b | -R2,573,585,977.00 | 14.7x | -22.1x | 2.4x |
| Sun, 23 Jul 2023 | R55.6b | R24.1b | -R2,400,034,977.00 | 17.6x | -23.2x | 2.3x |
| Tue, 20 Jun 2023 | R55.9b | R24.2b | -R718,355,977.00 | 18.3x | -77.9x | 2.3x |
| Thu, 18 May 2023 | R56.7b | R24.1b | -R188,855,786.00 | 12.4x | -300x | 2.4x |
| Sat, 15 Apr 2023 | R58.4b | R24.1b | -R224,539,786.00 | 9.9x | -260.1x | 2.4x |
| Mon, 13 Mar 2023 | R68.7b | R26.0b | R4.2b | 9.6x | 16.2x | 2.6x |
| Wed, 08 Feb 2023 | R70.1b | R26.0b | R4.2b | 9.8x | 16.5x | 2.7x |
| Fri, 06 Jan 2023 | R68.6b | R26.0b | R4.3b | 9.2x | 16.1x | 2.6x |
| Sun, 04 Dec 2022 | R66.0b | R25.8b | R4.3b | 9.5x | 15.4x | 2.6x |
| Tue, 01 Nov 2022 | R65.9b | R27.2b | R10.4b | 8.4x | 6.3x | 2.4x |
| Thu, 29 Sep 2022 | R65.0b | R26.9b | R10.4b | 7.8x | 6.3x | 2.4x |
| Sat, 27 Aug 2022 | R68.3b | R27.0b | R10.6b | 7.7x | 6.5x | 2.5x |
| Mon, 25 Jul 2022 | R67.6b | R27.0b | R10.6b | 7.6x | 6.4x | 2.5x |
| Wed, 22 Jun 2022 | R68.9b | R27.0b | R9.3b | 9.8x | 7.4x | 2.6x |
| Fri, 20 May 2022 | R71.6b | R28.2b | R10.1b | 7.7x | 7.1x | 2.5x |
| Sun, 17 Apr 2022 | R78.7b | R28.1b | R10.1b | 8.8x | 7.8x | 2.8x |
| Tue, 15 Mar 2022 | R77.5b | R27.1b | R10.2b | 9.4x | 7.6x | 2.9x |
| Thu, 10 Feb 2022 | R84.9b | R27.2b | R10.3b | 10.2x | 8.3x | 3.1x |
| Sat, 08 Jan 2022 | R87.6b | R27.3b | R9.2b | 11x | 9.5x | 3.2x |
| Mon, 06 Dec 2021 | R80.1b | R27.8b | R9.2b | 10.2x | 8.7x | 2.9x |
| Wed, 03 Nov 2021 | R79.2b | R26.9b | R8.3b | 11x | 9.6x | 2.9x |
| Fri, 01 Oct 2021 | R70.8b | R26.0b | R7.8b | 10.7x | 9.1x | 2.7x |
| Sun, 29 Aug 2021 | R68.9b | R28.2b | R7.6b | 10.3x | 9.1x | 2.4x |
| Mon, 05 Jul 2021 | R67.8b | R28.2b | R7.6b | 10.2x | 9x | 2.4x |
| Thu, 08 Apr 2021 | R65.0b | R28.0b | R7.4b | 10.4x | 8.8x | 2.3x |
| Sun, 10 Jan 2021 | R56.2b | R26.3b | R5.7b | 9.3x | 9.9x | 2.1x |
Price to Earnings Ratio
11.6x
Current Industry PE
- Investors are relatively neutral on the South African Asset Management and Custody Banks industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 2.5x.
Past Earnings Growth
- Total earnings for the Asset Management and Custody Banks industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 2.1% per year, which is driving profits down.
Industry Comparison
How does South African Asset Management compare with similar industries?
| ZA Market | -1.18% | |
| Financials | -1.22% | |
| Capital Markets | -1.07% | |
| Asset Management | 1.75% | |
| Investment Banking and Brokerage | 0% | |
| Financial Exchanges and Data | -1.96% | |
| Diversified Capital Markets | -3.00% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| YYLBEE YeboYethu (RF) | R30.01 | 11.1% +R159.3m | -23.1% | PS1.8x | |
| SBP Sabvest Capital | R68.99 | 6.1% +R157.2m | -15.9% | PE7.9x | |
| KST PSG Financial Services | R14.03 | 0.7% +R127.4m | 27.9% | PE17.4x | |
| EPE EPE Capital Partners | R4.30 | 7.5% +R76.2m | -22.0% | PE210.3x | |
| TRE Trencor | R7.02 | 5.6% +R64.2m | 18.0% | PE10.6x |