Sanlam Limited is a financial services group offering insurance, investment, retirement, and credit solutions across Africa and internationally. Its operations include life and savings insurance, general insurance through Santam, and asset management.
Sector: Insurance
ZA_SLM
Shares: connector/market_inputs
Monetary columns are in B USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | GWPB USD | Net profitB USD | AssetsB USD | EquityB USD | ROE (annualized) | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | H1 2026 (6M) | PARTIAL | 6.1 y/y -1.3% | 0.8 y/y 44.4% | 77.0 y/y 14.2% | 6.9 y/y 12.7% | 24.6% | Report (PDF) |
| 2025-12-31 | H2 2025 (6M) | OK | 9.5 y/y 21.0% | 0.3 y/y -50.1% | 78.3 y/y 30.4% | 6.1 y/y 14.9% | 14.6% | Report (PDF) |
| 2025-06-30 | H1 2025 (6M) | OK | 6.2 y/y 32.2% | 0.6 y/y 4.1% | 67.4 y/y 19.9% | 6.2 y/y 14.8% | 19.4% | Report (PDF) |
| 2024-12-31 | H2 2024 (6M) | OK | 7.8 y/y 44.9% | 0.7 y/y 90.9% | 60.0 y/y 10.9% | 5.3 y/y 11.2% | 22.6% | Link |
| 2024-06-30 | H1 2024 (6M) | OK | 4.7 y/y -14.6% | 0.5 y/y 21.9% | 56.2 y/y 1.7% | 5.4 y/y 0.6% | 21.0% | Link |
| 2023-12-31 | H2 2023 (6M) | OK | 5.4 y/y — | 0.4 y/y — | 54.1 y/y — | 4.8 y/y — | 15.7% | Link |
| 2023-06-30 | H1 2023 (6M) | OK | 5.5 y/y — | 0.4 y/y — | 55.3 y/y — | 5.3 y/y — | — | Link |
Our earnings breakdowns and investment notes on this issuer.
Group: financials (South Africa). Every peer trades on the same market, so no adjustment is needed.
| Company | Market | Cap, $bn | P/E |
|---|---|---|---|
| Absa Group | South Africa | 10.6 | 7.4x |
| Standard Bank Group | South Africa | 29.7 | 9.5x |
| FirstRand | South Africa | 30.1 | 13.9x |
| Nedbank Group | South Africa | 7.8 | 14.6x |
| Capitec Bank | South Africa | 30.4 | 29.8x |
| Group median | 13.9x | ||
| Group average | 15.1x | ||
| This company | South Africa | 10.6 | 9.2x |
Group median 13.9x; this company 9.2x — a 33% discount.
Group average 15.1x; against the average this company is at a 39% discount.
At the adjusted group median the market cap would be +50% versus today.
The gap and the implied upside are measured against the median: one richly priced peer moves an average, not a median. The market adjustment uses our coverage medians (US 30.3x, Russia 6.2x, South Africa 11.0x, Kazakhstan 9.3x, India 27.8x, Indonesia 7.7x); it is about where a name is listed, not what it does. Peer multiples come from the nightly rebuild of 2026-10-14; the company's own is live.
| Date | Per share | Details | Status | Source |
|---|---|---|---|---|
| 2026-04-08 | 485 ZAR | Ex-dividend: 485 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2025-04-02 | 445 ZAR | Ex-dividend: 445 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2024-04-03 | 400 ZAR | Ex-dividend: 400 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2023-04-04 | 360 ZAR | Ex-dividend: 360 ZAR per share | Paid | Yahoo Finance (ex-div) |
| 2022-04-06 | 334 ZAR | Ex-dividend: 334 ZAR per share | Paid | Yahoo Finance (ex-div) |
KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).
Investor reporting (IR): https://www.sanlam.com/investorrelations/
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B), profitability and dividend yield of Sanlam (SLM) — from primary filings.
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