Clientele (JSE:CLI) Beginning Cash Position: R876 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

JSE:CLI Clientele Ltd JSE:CLI
47 GF Score
Price R19.71
GF Value R18.61
Valuation Fairly Valued
! 8 Warning Signs
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What is Clientele Beginning Cash Position?

Clientele JSE:CLI 47 Beginning Cash Position is R876 Mil as of Dec. 2025. GuruFocus rates JSE:CLI with a GF Score™ of 47/100 and a GF Value™ of R18.61 (Fairly Valued). The stock has 8 warning signs investors should review.

Clientele's Beginning Cash Position for the quarter that ended in Dec. 2025 was R876 Mil.

Clientele's quarterly Beginning Cash Position increased from Dec. 2024 (R317 Mil) to Jun. 2025 (R489 Mil) and increased from Jun. 2025 (R489 Mil) to Dec. 2025 (R876 Mil).

Clientele's annual Beginning Cash Position declined from Jun. 2023 (R502 Mil) to Jun. 2024 (R250 Mil) but then increased from Jun. 2024 (R250 Mil) to Jun. 2025 (R317 Mil).

Clientele Beginning Cash Position Related Terms

Clientele Beginning Cash Position Historical Data

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The historical data trend for Clientele's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Clientele Beginning Cash Position Chart

Clientele Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 484.91 463.22 502.00 249.54 317.05

Clientele Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 249.54 281.62 317.05 488.68 875.51
JSE:CLI
47GF Score
Clientele Ltd JSE:CLI
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Clientele Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of R876 Mil mean?
Clientele (JSE:CLI) has a Beginning Cash Position of R876 Mil as of Dec. 2025. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Clientele and its competitors.
Is Clientele's Beginning Cash Position too high?
Clientele's current Beginning Cash Position is R876 Mil. Overall, Clientele has a GF Score™ of 47/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clientele's Beginning Cash Position compare to BRK.A and AIG?
Clientele's Beginning Cash Position of R876 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Insurance company?
A good Beginning Cash Position depends on the Insurance industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Clientele and its competitors. Clientele's current Beginning Cash Position is R876 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clientele stock overvalued right now?
Based on GuruFocus' analysis, Clientele (JSE:CLI) is currently considered Fairly Valued. The stock's GF Value™ is R18.61, compared to a current price of R19.71 — trading 5.9% above its estimated fair value. The current Beginning Cash Position is R876 Mil. Clientele's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Clientele (JSE:CLI), the current Beginning Cash Position is R876 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Clientele (JSE:CLI) Overvalued in 2026?

Based on GuruFocus' analysis, Clientele stock appears to be overvalued. The current stock price of R19.71 is trading 5.9% above its estimated GF Value™ of R18.61. GuruFocus considers Clientele to be Fairly Valued.

Key valuation signals for JSE:CLI:

  • Beginning Cash Position: R876 Mil
  • GF Value™: R18.61 vs. price of R19.71 (5.9% above fair value)
  • GF Score™: 47/100 with 8 warning signs

No single metric tells the full story. See the JSE:CLI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Clientele Business Description

Address Corner Rivonia and Alon Roads Morningside, Clientele Office Park, Johannesburg, GT, ZAF, 2196
Clientele Ltd is a diversified financial services group. It markets, distributes, and underwrites insurance and investment products. The company's operating segment includes Clientele Life Insurance, 1Life Insurance, Non-Life Insurance, Emerald Life Insurance, and CBC Rewards, Mobile & Direct Rewards. Its insurance products and services include Legal, Mobile, Wealth, Credit Life, Investments, and others. It generates maximum revenue from the 1Life insurance segment, which involves the sale and administration of long-term insurance risk policies. The group currently operates in the South African market only.
47GF Score

Get the complete analysis for JSE:CLI

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R19.71
Price
R18.61
GF Value