1. South Africa Stocks

  2. •

    Finance

  3. •

    Investment managers
Coronation Fund Managers Limited

Coronation Fund Managers Limited

JJSE:CML
4,109.00
ZAC
-17.00
(-0.41%)
1.54TMarket Cap
Nov 24Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
10.84
13.65
12.7
11.57
11.2
11
9.41
10.41
12.19
10.69
10.43
11.19
12.27
- -
Basic EPS, GAAP
4.34
5.72
5.18
4.5
4.35
4.21
3.42
3.99
4.88
3.66
1.83
6.31
4.79
- -
Free Cash Flow per Basic Share
18.58
4.11
-12.08
6.79
1.6
-2
3.04
2.83
9.56
0.66
2.25
12
0.4
- -
Dividend per Share
2.85
5.28
5.42
4.99
4.38
4.4
3.62
3.54
4.49
4.4
1.72
5.03
4.29
- -
Book Value per Share
5.73
6.26
6.2
5.84
6.02
5.99
5.39
5.85
6.48
5.83
5.93
7.18
7.67
7.31
Tangible Book Value per Share
2.62
3.15
3.09
2.73
2.91
2.88
2.28
2.74
3.37
2.72
2.82
4.07
4.56
4.2
Basic Weighted Avg Shares
335
350
350
350
350
350
350
350
350
350
350
350
350
368
Sales/Revenue/Turnover
3,635
4,774
4,442
4,046
3,919
3,848
3,291
3,642
4,263
3,738
3,647
3,913
4,291
- -
Operating Margin (%)
52.13
54.15
52.3
49.63
49.55
47.32
45.4
44.67
48.11
46.47
40.14
41.53
44.49
- -
Depreciation Expense
9
12
11
20
20
13
14
12
11
29
34
30
25
- -
Net Income, GAAP
1,455
2,001
1,812
1,574
1,523
1,471
1,196
1,394
1,707
1,281
640
2,205
1,676
- -
Effective Tax Rate (%)
29.37
25.86
25.51
24.65
24.42
24.95
24.26
23.53
25.91
24.29
62.11
- -
23.89
- -
Profit Margin (%)
40.03
41.91
40.79
38.9
38.86
38.23
36.34
38.28
40.04
34.27
17.55
56.35
39.06
- -
Working Capital
-69,314
-72,494
-65,365
-57,539
-51,626
-47,553
-49,404
-49,032
-60,415
-54,185
-60,744
-79,046
-93,686
-92,812
LT Debt
- -
152
300
150
150
300
150
562
229
269
623
78
490
479
Total Equity
2,007
2,196
2,169
2,178
2,272
2,256
2,034
2,175
2,266
2,039
2,073
2,510
2,682
2,557
Return on Invested Capital (%)
76.31
86.69
71
61.18
59.14
56.2
46.6
51.33
62.22
58.32
21.8
- -
48.15
- -
Return on Capital (%)
83.46
91.89
75.78
64.3
61.01
58.07
49.66
55.74
65.99
54.84
26.36
- -
54.23
- -
Return on Common Equity (%)
83.72
95.47
83.16
74.76
73.43
70.01
60.06
70.91
79.19
59.51
31.13
96.23
64.56
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
300
- -
- -
LT Borrowings
34
332
326
LT Finance Leases
55
158
153
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
350
350
350
Market Capitalization
13,596
15,560
15,434

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
1,636
2,227
1,621
Cash, Cash Equivalents & STI
891
1,466
865
Accounts Receivable, Net
709
761
727
Inventories
- -
- -
- -
Total Current Liabilities
85,793
95,913
94,433
Payables & Accruals
- -
- -
- -
ST Debt
300
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.49%
4.75%
6.85%
Free Cash Flow
0.62%
144.66%
-96.69%
Net Income, GAAP
14.61%
33.6%
-23.99%
Sales/Revenue/Turnover
0.16%
3.85%
9.66%
Total Cash Common Dividend
10.18%
28.3%
-14.67%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,913
2025
- -
- -
4,291
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.31
2025
- -
- -
4.79
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.03
2025
- -
- -
4.29
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Anton Clarence Pillay
Full Time Employees
331
Sector
Finance
Industry
Investment managers
Address
MontClare Place Cape Town WC South Africa 7708
IPO Date
Jun 13, 2003
Website
coronation.com
Similar Companies
Morgan Stanley (NYSE:MS)
BlackRock, Inc. (NYSE:BLK)
Motilal Oswal Financial Services Limited (NSE:MOTILALOFS)
HDFC Asset Management Co. Ltd. (NSE:HDFCAMC)
Blackstone Inc. (NYSE:BX)
360 One Wam Limited (NSE:360ONE)
Business
Coronation Fund Managers Limited (JSE: CML) is an independent, active investment manager specializing in long-term, valuation-driven strategies across global emerging and frontier markets. The company offers a comprehensive range of products and services, including actively managed equity strategies in global, emerging market, South African, and African equities; fixed income solutions across global markets; multi-asset portfolios integrating equities, fixed income, and other classes; retirement products; and hedge funds, delivered through segregated accounts and pooled vehicles such as unit trusts to institutional clients like pension funds, provident funds, medical schemes, banks, insurers, endowments, and family offices, as well as retail investors. Founded in 1993 and headquartered in Cape Town, South Africa, with additional offices in Johannesburg, Durban, Pretoria, London, Dublin, and a strategic partnership in Namibia via Namibia Asset Management, the firm manages approximately $42 billion (R737 billion) in assets as of June 2025, with the majority derived from South African and African operations. In October 2024, Coronation completed a landmark B-BBEE transaction by issuing shares equivalent to a 9.7% stake to the Imbewu employee share ownership trust and Ho Jala broad-based ownership trust, elevating effective black ownership to over 51% at a transaction value of R1.47 billion, enhancing competitiveness for client mandates and earning the DealMakers BEE Deal of the Year award. This strategic shift supports expanded access to transformation-focused tenders and aligns with ongoing commitments to ESG integration and diversity, evidenced by multiple 2025 industry awards for emerging markets management and diversity initiatives.