Coronation Fund Managers Ltd

CML · JSE · Financial Services / Asset Management

3,950.00ZAC-17.00 (-0.43%)

Price History

Full chart

Market Stats

Previous Close3,967.00

Open3,905.00

Day Range3,898.00 – 3,989.00

52-Week Range3,858.00 – 5,226.00

Volume169.75K

Market Cap14.72B

P/E (TTM)8.65

Forward P/E13.11

EPS4.87

Dividend Yield10.85%

Beta0.48

50-Day Avg4,280.94

200-Day Avg4,481.00

About

Coronation Fund Managers Limited is a publicly owned investment manager. The firm provides its services to pension and provident funds, medical schemes, unit trusts, banks, insurers and other fund managers, international retirement funds, endowments and family offices. It launches and manages equity, fixed income, and balanced mutual funds. The firm invests in the public equity and fixed income markets across the globe. It employs fundamental analysis with bottom-up stock picking approach. Coronation Fund Managers Limited was founded in 1993 and is based in Cape Town, South Africa with additional office in London, United Kingdom and Dublin, Ireland.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Anton Clarence Pillay AMP (Harvard), BBusSc, C.A., C.F.A., CA(SA)
Employees0
HeadquartersMontClare Place, Cape Town, South Africa, 7708, South Africa
Websitehttps://www.coronation.com

Leadership

Mr. Anton Clarence Pillay AMP (Harvard), BBusSc, C.A., C.F.A., CA(SA)CEO, Acting Financial Director & Executive Director · b. 1970
Ms. Aimee Rhoda BBusSc, C.A., CA (SA)CFO, Financial Director & Executive Director · b. 1980
Mr. Karl Francis Leinberger BBusSc, C.A., C.F.A., CA (SA)Chief Investment Officer
Mr. Gavin Wayne Joubert C.A., C.F.A.Head of Emerging Markets & Portfolio Manager
Mr. Mark Henry Le RouxSenior Member of Fixed Interest Unit & Portfolio Manager
Ms. Kirshni TotaramGlobal Head of Institutional Business
Mr. Peter Alain Leger B.Com., C.F.A.Head of Global Frontier Markets Investment Unit & Portfolio Manager
Mr. Quinton L. Ivan B.Com., BBusSc, BCom (Hons), C.A., C.F.A., CA (SA)Head of SA Equity Research & Portfolio Manager
Mr. Nishan Maharaj B.Sc., M.B.A.Head of Fixed Income
Mr. Neil PadoaHead of Global Developed Markets Research & Portfolio Manager

Financials

Income Statement

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	2.06M	164.53M	389.02M	580.18M	742.29M	1.01B	803.63M	842.03M	1.35B	1.75B	1.98B	3.63B	4.77B	4.44B	4.05B	3.92B	3.85B	3.29B	3.64B	4.26B	3.74B	3.65B	3.91B	4.29B
Growth (%)	-	+7871.56%	+136.44%	+49.14%	+27.94%	+35.78%	-20.27%	+4.78%	+60.56%	+29.24%	+13.05%	+84.03%	+31.33%	-6.95%	-8.91%	-3.14%	-1.81%	-14.48%	+10.67%	+17.05%	-12.32%	-2.43%	+7.29%	+9.66%
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	1.13B	1.42B	1.33B	1.22B	1.25B	1.22B	1.15B	1.34B	1.50B	1.34B	1.39B	1.60B	1.69B
Gross Profit	2.06M	164.53M	389.02M	580.18M	742.29M	1.01B	803.63M	842.03M	1.35B	1.75B	1.98B	2.50B	3.35B	3.11B	2.82B	2.67B	2.62B	2.14B	2.30B	4.31B	2.40B	2.25B	3.91B	4.29B
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	68.80%	70.28%	70.04%	69.75%	68.13%	68.19%	64.93%	63.10%	101.17%	64.13%	61.80%	100.00%	100.00%
Operating Expense	74.00K	83.77M	217.60M	303.84M	436.59M	576.20M	516.17M	516.84M	701.20M	838.06M	996.30M	574.00M	718.00M	731.00M	787.00M	671.00M	691.00M	621.00M	579.00M	2.10B	534.00M	685.00M	1.96B	2.29B
Operating Income	1.99M	80.77M	171.43M	276.35M	305.70M	431.71M	287.46M	325.19M	650.78M	909.26M	978.96M	1.93B	2.64B	2.38B	2.04B	2.00B	1.93B	1.52B	1.72B	2.21B	1.86B	1.57B	1.95B	2.00B
Operating Margin	96.41%	49.09%	44.07%	47.63%	41.18%	42.83%	35.77%	38.62%	48.14%	52.04%	49.56%	53.01%	55.24%	53.58%	50.30%	51.01%	50.23%	46.07%	47.20%	51.82%	49.84%	43.02%	49.94%	46.54%
EBITDA	1.99M	80.77M	171.43M	276.35M	305.70M	493.90M	287.46M	387.92M	694.21M	943.41M	1.03B	1.94B	2.65B	2.39B	2.06B	2.02B	1.93B	1.62B	1.86B	-605.00M	-1.17B	1.58B	-955.00M	2.23B
EBITDA Margin	96.41%	49.09%	44.07%	47.63%	41.18%	49.00%	35.77%	46.07%	51.35%	53.99%	52.35%	53.26%	55.49%	53.83%	50.79%	51.52%	50.16%	49.13%	51.21%	-14.19%	-31.25%	43.41%	-24.41%	51.95%
Net Income	1.39M	60.87M	126.54M	186.91M	196.45M	284.61M	177.59M	210.87M	440.38M	623.85M	684.09M	1.46B	2.00B	1.81B	1.57B	1.52B	1.47B	1.20B	1.39B	1.71B	1.28B	640.00M	2.21B	1.68B
Net Income Margin	67.39%	37.00%	32.53%	32.22%	26.47%	28.24%	22.10%	25.04%	32.57%	35.70%	34.63%	40.03%	41.91%	40.79%	38.90%	38.86%	38.23%	36.34%	38.28%	40.04%	34.27%	17.55%	56.35%	39.06%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.24	0.74	0.48	0.56	0.2	0.85	0.2	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-
Interest Expense	0	0	0	0	0	13.05M	16.44M	22.51M	8.85M	5.26M	4.76M	0	4.00M	15.00M	22.00M	23.00M	24.00M	24.00M	42.00M	39.00M	60.00M	258.00M	35.00M	27.00M
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	1.29%	2.05%	2.67%	0.65%	0.30%	0.24%	0.00%	0.08%	0.34%	0.54%	0.59%	0.62%	0.73%	1.15%	0.91%	1.61%	7.07%	0.89%	0.63%

Balance Sheet

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	24.89M	393.06M	383.05M	510.11M	17.39B	19.98B	20.63B	20.65B	25.60B	33.37B	55.67B	72.93B	76.86B	69.56B	67.46B	59.10B	55.16B	53.15B	53.80B	64.83B	58.85B	65.34B	84.07B	100.23B
Total Liabilities	1.81M	242.85M	157.32M	289.44M	16.14B	18.97B	19.63B	19.56B	24.35B	31.98B	54.19B	70.93B	74.67B	67.39B	65.28B	56.82B	52.90B	50.97B	51.49B	62.56B	56.82B	63.26B	81.56B	97.55B
Total Equity	23.08M	150.21M	225.73M	220.08M	1.25B	1.01B	989.85M	1.08B	1.24B	1.39B	1.47B	2.00B	2.19B	2.17B	2.04B	2.11B	2.10B	2.03B	2.17B	2.27B	2.04B	2.07B	2.51B	2.68B
Cash	-	157.03M	143.67M	245.75M	253.59M	119.13M	108.45M	99.67M	300.64M	393.17M	426.12M	294.00M	832.00M	728.00M	538.00M	564.00M	805.00M	682.00M	519.00M	600.00M	656.00M	1.14B	1.43B	1.47B
Total Debt	113.00K	118.01M	38.87M	148.00M	139.53M	125.77M	228.96M	128.22M	82.00M	42.80M	-	-	152.00M	300.00M	300.00M	300.00M	300.00M	300.00M	588.00M	561.00M	605.00M	277.00M	575.00M	490.00M
Net Debt	113.00K	-39.02M	-104.80M	-97.75M	-114.06M	6.63M	120.51M	28.55M	-218.64M	-350.37M	-426.12M	-294.00M	-680.00M	-428.00M	-238.00M	-264.00M	-505.00M	-382.00M	56.00M	-55.00M	-369.00M	-864.00M	-854.00M	-976.00M

Cash Flow

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	-734.00K	-187.81M	53.08M	73.10M	311.21M	354.46M	96.61M	211.01M	488.39M	614.42M	747.50M	6.24B	1.46B	-4.20B	2.39B	569.00M	-687.00M	1.08B	1.00B	3.35B	236.00M	812.00M	4.20B	140.00M
Investing Cash Flow	-	-1.57M	-51.31M	-25.27M	13.26M	86.85M	12.80M	30.03M	48.69M	3.04M	-65.26M	-41.00M	-16.00M	-430.00M	9.00M	36.00M	18.00M	113.00M	-180.00M	18.00M	268.00M	228.00M	112.00M	344.00M
Financing Cash Flow	-23.70M	8.50M	-9.78M	56.25M	-339.08M	-568.76M	-251.99M	-146.49M	-303.77M	-545.55M	-649.51M	-955.00M	-1.70B	-1.75B	-1.75B	-1.53B	-1.54B	-1.27B	-1.08B	-1.58B	-1.56B	-570.00M	-1.80B	-1.71B
Capital Expenditure	0	307.00K	4.09M	2.84M	3.64M	7.87M	18.24M	2.35M	4.23M	0	5.56M	12.00M	18.00M	27.00M	13.00M	10.00M	12.00M	12.00M	12.00M	11.00M	6.00M	25.00M	0	1.00M
Free Cash Flow	-734.00K	-188.12M	48.99M	70.26M	307.58M	346.59M	78.37M	208.66M	484.16M	614.42M	741.94M	6.23B	1.44B	-4.22B	2.37B	559.00M	-699.00M	1.06B	990.00M	3.34B	230.00M	787.00M	4.20B	139.00M
Dividends Paid	-	-	-	-	1.22M	861.00K	208.21M	146.03M	280.94M	495.35M	605.68M	955.00M	1.85B	1.90B	1.75B	1.53B	1.54B	1.27B	1.24B	1.57B	1.54B	602.00M	1.76B	1.50B
FCF to OCF	100.00%	100.16%	92.30%	96.11%	98.83%	97.78%	81.12%	98.89%	99.13%	100.00%	99.26%	99.81%	98.76%	100.64%	99.46%	98.24%	101.75%	98.89%	98.80%	99.67%	97.46%	96.92%	100.00%	99.29%
Dividend Paid to FCF	-	-	-	-	0.40%	0.25%	265.66%	69.98%	58.03%	80.62%	81.63%	15.33%	128.35%	-44.88%	73.50%	274.06%	-220.17%	118.87%	125.05%	46.98%	669.13%	76.49%	41.92%	1079.86%

Key Statistics & Ratios

Market Cap14.72B

Enterprise Value14.53B

Trailing P/E8.65

Forward P/E13.11

PEG Ratio0.01

Price / Sales3.31

Price / Book5.83

EPS4.87

Book Value7.31

Revenue (TTM)4.45B

Gross Profit (TTM)4.45B

EBITDA2.12B

Profit Margin38.72%

Operating Margin45.69%

Return on Equity68.76%

Return on Assets1.41%

Shares Outstanding349.59M

Shares Float274.78M

Beta0.48

Dividend Yield10.85%

Dividend Rate4.57

Payout Ratio93.19%

Dividends

20222×

172.00Dec 7, 2022214.00Jun 8, 2022

20212×

226.00Dec 8, 2021244.00Jun 9, 2021

20202×

205.00Dec 9, 2020178.00Jun 10, 2020

20192×

176.00Dec 4, 2019165.00Jun 5, 2019

20182×

197.00Dec 5, 2018223.00Jun 6, 2018

20172×

217.00Dec 6, 2017220.00Jun 13, 2017

20162×

218.00Dec 7, 2016229.00Jun 6, 2016

20152×

270.00Nov 30, 2015246.00Jun 8, 2015

20142×

296.00Dec 1, 2014275.00Jun 9, 2014

20132×

253.00Dec 2, 2013163.00Jun 3, 2013

20122×

111.00Dec 3, 201295.00Jun 4, 2012

20112×

92.00Nov 28, 201180.00Jun 6, 2011