We Take A Look At Why Clientèle Limited's (JSE:CLI) CEO Has Earned Their Pay Packet
Oct 25
South African (JSE) Life and Health Insurance Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies5
- 7D-2.1%
- 3M-8.6%
- 1Y14.4%
- YTD15.5%
Over the last 7 days, the Life and Health Insurance industry has dropped 2.1%, driven by declines from every company within the industry. In the past year, the industry has gained 14%. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the South African Life and Health Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | R302.9b | R505.1b | R28.1b | 7.4x | 10.8x | 0.6x |
| Wed, 27 Sep 2023 | R322.8b | R495.6b | R28.6b | 7.9x | 11.3x | 0.7x |
| Fri, 25 Aug 2023 | R325.7b | R330.8b | R29.4b | 8.1x | 11.1x | 1x |
| Sun, 23 Jul 2023 | R379.4b | R354.1b | R31.7b | 10.4x | 12x | 1.1x |
| Tue, 20 Jun 2023 | R360.9b | R354.1b | R31.7b | 9.9x | 11.4x | 1x |
| Thu, 18 May 2023 | R318.2b | R354.1b | R31.7b | 8.3x | 10.1x | 0.9x |
| Sat, 15 Apr 2023 | R345.1b | R354.1b | R31.7b | 8.9x | 10.9x | 1x |
| Mon, 13 Mar 2023 | R359.0b | R380.7b | R32.2b | 9.2x | 11.2x | 0.9x |
| Wed, 08 Feb 2023 | R353.5b | R432.8b | R31.1b | 9.1x | 11.4x | 0.8x |
| Fri, 06 Jan 2023 | R321.6b | R432.8b | R31.1b | 8.6x | 10.3x | 0.7x |
| Sun, 04 Dec 2022 | R306.1b | R432.8b | R31.1b | 8.7x | 9.8x | 0.7x |
| Tue, 01 Nov 2022 | R308.9b | R432.8b | R31.1b | 9.1x | 9.9x | 0.7x |
| Thu, 29 Sep 2022 | R295.1b | R432.8b | R31.1b | 8.9x | 9.5x | 0.7x |
| Sat, 27 Aug 2022 | R327.3b | R703.8b | R23.6b | 15.5x | 13.9x | 0.5x |
| Mon, 25 Jul 2022 | R315.3b | R703.8b | R23.6b | 15x | 13.4x | 0.4x |
| Wed, 22 Jun 2022 | R322.3b | R703.8b | R23.6b | 15.5x | 13.7x | 0.5x |
| Fri, 20 May 2022 | R342.3b | R703.8b | R23.6b | 16.2x | 14.5x | 0.5x |
| Sun, 17 Apr 2022 | R410.4b | R703.8b | R23.6b | 19.6x | 17.4x | 0.6x |
| Tue, 15 Mar 2022 | R430.6b | R723.3b | R22.8b | 23.1x | 18.9x | 0.6x |
| Thu, 10 Feb 2022 | R442.1b | R690.2b | R21.5b | 25.7x | 20.6x | 0.6x |
| Sat, 08 Jan 2022 | R412.7b | R690.2b | R21.5b | 23.9x | 19.2x | 0.6x |
| Mon, 06 Dec 2021 | R386.1b | R690.2b | R21.5b | 22.6x | 18x | 0.6x |
| Wed, 03 Nov 2021 | R420.4b | R690.2b | R21.5b | 22.6x | 19.6x | 0.6x |
| Fri, 01 Oct 2021 | R415.1b | R690.2b | R21.5b | 22.2x | 19.3x | 0.6x |
| Sun, 29 Aug 2021 | R386.6b | R689.2b | R20.1b | 24.4x | 19.2x | 0.6x |
| Mon, 05 Jul 2021 | R368.7b | R689.2b | R20.1b | 18.1x | 18.4x | 0.5x |
| Thu, 08 Apr 2021 | R360.0b | R579.4b | R8.8b | 30.7x | 40.9x | 0.6x |
| Sun, 10 Jan 2021 | R369.2b | R470.0b | -R2,510,476,000.00 | 32.2x | -147.1x | 0.8x |
Price to Earnings Ratio
-167.6x
Current Industry PE
- Investors are pessimistic on the South African Life and Health Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 10.8x which is higher than its 3-year average PE of -7.7x.
- The industry is trading close to its 3-year average PS ratio of 0.69x.
Past Earnings Growth
- Total earnings for the Life and Health Insurance industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.5% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does South African Life and Health Insurance compare with similar industries?
| ZA Market | -1.18% | |
| Financials | -1.22% | |
| Insurance | -1.55% | |
| Life and Health Insurance | -2.09% | |
| Property and Casualty Insurance | 0.27% | |
| Insurance Brokers | 0% | |
| General Insurance | 0% | |
| Reinsurance | 0% | |
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 | |
|---|---|---|---|---|---|
| MTM Momentum Metropolitan Holdings | R20.67 | 1.8% +R501.3m | 20.3% | PE6.5x |