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Coronation Fund Managers Limited

Coronation Fund Managers Limited

JJSE:CML
4,109.00
ZAC
-17.00
(-0.41%)
1.54TMarket Cap
Nov 24Next Earn
Coronation Fund Managers Limited
JSE:CML
(Johannesburg Stock Exchange)

Recent

price

4,109.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
ZAR
4.11
5.48
6.27
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
- -
Revenue per Share
1.4
1.98
2.17
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
- -
Basic EPS, GAAP
1.54
1.93
18.02
18.58
4.11
-12.08
6.79
1.6
-2
3.04
2.83
9.56
0.66
2.25
12
0.4
- -
Free Cash Flow per Basic Share
0.89
1.57
1.92
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
- -
Dividend per Share
3.93
4.41
4.68
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
Book Value per Share
0.45
0.96
1.22
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
Tangible Book Value per Share
315
315
315
335
350
350
350
350
350
350
350
350
350
350
350
350
368
Basic Weighted Avg Shares
1,295
1,726
1,975
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
- -
Sales/Revenue/Turnover
49.29
52.68
47.8
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
- -
Operating Margin (%)
- -
- -
7
9
12
11
20
20
13
14
12
11
29
34
30
25
- -
Depreciation Expense
440
624
684
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
- -
Net Income, GAAP
35.75
33.5
33.07
29.37
25.86
25.51
24.65
24.42
24.95
24.26
23.53
25.91
24.29
62.11
- -
23.89
- -
Effective Tax Rate (%)
34.01
36.15
34.63
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
- -
Profit Margin (%)
187
292
-52,985
-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
Working Capital
82
43
- -
- -
152
300
150
150
300
150
562
229
269
623
78
490
479
LT Debt
1,249
1,392
1,475
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
Total Equity
31.88
43.97
44.69
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 Invested Capital (%)
35.33
45.39
47.25
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 Capital (%)
38.06
47.48
47.79
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
- -
Return on Common Equity (%)

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
- -
- -
- -
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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.