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Coronation Fund Managers (JSE:CML) Median PS Value : R51.07 (As of Jun. 24, 2024)


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What is Coronation Fund Managers Median PS Value?

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Coronation Fund Managers's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was R10.728. Coronation Fund Managers's 10-Year median PS Ratio is 4.7604. Therefore, the Median PS Value for today is R51.07.

As of today (2024-06-24), Coronation Fund Managers's share price is R35.99. Coronation Fund Managers's Median PS Value is R51.07. Therefore, Coronation Fund Managers's Price to Median PS Value for today is 0.70.

The historical rank and industry rank for Coronation Fund Managers's Median PS Value or its related term are showing as below:

JSE:CML' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.52
Current: 0.7

During the past 13 years, the highest Price to Median PS Value of Coronation Fund Managers was 1.52. The lowest was 0.53. And the median was 0.82.

JSE:CML's Price-to-Median-PS-Value is ranked better than
71.43% of 308 companies
in the Asset Management industry
Industry Median: 0.96 vs JSE:CML: 0.70

Coronation Fund Managers Median PS Value Historical Data

The historical data trend for Coronation Fund Managers's Median PS Value 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.

* Premium members only.

Coronation Fund Managers Median PS Value Chart

Coronation Fund Managers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Median PS Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.78 58.64 68.29 56.87 51.07

Coronation Fund Managers Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Median PS Value 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 - 56.87 - 51.07 -

Competitive Comparison of Coronation Fund Managers's Median PS Value

For the Asset Management subindustry, Coronation Fund Managers's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coronation Fund Managers's Price-to-Median-PS-Value Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Coronation Fund Managers's Price-to-Median-PS-Value falls into.



Coronation Fund Managers Median PS Value Calculation

Coronation Fund Managers's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=10.728*4.7604
=51.07

10-Year Median PS Ratio is 4.7604.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was R10.728.

* 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.


Coronation Fund Managers  (JSE:CML) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Coronation Fund Managers's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=35.99/51.07
=0.70

* 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.


Coronation Fund Managers Median PS Value Related Terms

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Coronation Fund Managers (JSE:CML) Business Description

Traded in Other Exchanges
N/A
Address
Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

Coronation Fund Managers (JSE:CML) Headlines

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