Clientele (JSE:CLI) Research & Development: R0 Mil (TTM As of Dec. 2025)


JSE:CLI Clientele Ltd JSE:CLI
58 GF Score
Price R19.71
GF Value R18.41
Valuation Fairly Valued
! 8 Warning Signs
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What is Clientele Research & Development?

Clientele JSE:CLI 58 Research & Development is R0 Mil as of Dec. 2025. GuruFocus rates JSE:CLI with a GF Score™ of 58/100 and a GF Value™ of R18.41 (Fairly Valued). The stock has 8 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Clientele's Research & Development for the six months ended in Dec. 2025 was R0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was R0 Mil.

Clientele  (JSE:CLI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Clientele Research & Development Related Terms

Clientele Research & Development Historical Data

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The historical data trend for Clientele's Research & Development 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 Research & Development Chart

Clientele Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Research & Development
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Clientele Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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 0.00 0.00 0.00 0.00 0.00
JSE:CLI
58GF Score
Clientele Ltd JSE:CLI
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Clientele Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of R0 Mil mean?
Clientele (JSE:CLI) has a Research & Development of R0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Clientele and its competitors.
Is Clientele's Research & Development too high?
Clientele's current Research & Development is R0 Mil. Overall, Clientele has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Clientele's Research & Development compare to BRK.A and AIG?
Clientele's Research & Development of R0 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 Research & Development for an Insurance company?
A good Research & Development depends on the Insurance industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Clientele and its competitors. Clientele's current Research & Development is R0 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 R18.41, compared to a current price of R19.71 — trading 7.1% above its estimated fair value. The current Research & Development is R0 Mil. Clientele's overall GF Score™ is 58/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Clientele (JSE:CLI), the current Research & Development is R0 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 7.1% above its estimated GF Value™ of R18.41. GuruFocus considers Clientele to be Fairly Valued.

Key valuation signals for JSE:CLI:

  • Research & Development: R0 Mil
  • GF Value™: R18.41 vs. price of R19.71 (7.1% above fair value)
  • GF Score™: 58/100 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.
58GF Score

Get the complete analysis for JSE:CLI

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R19.71
Price
R18.41
GF Value