1. South Africa Stocks

  2. •

    Finance

  3. •

    Investment managers
Sygnia Ltd.

Sygnia Ltd.

JJSE:SYG
3,300.00
ZAC
-89.00
(-2.63%)
444.25BMarket Cap
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
29.76
26.87
22.21
28.78
36.82
3.48
4.69
5.23
5.4
5.6
6.25
7.01
- -
Basic EPS, GAAP
0.38
0.58
0.56
0.7
0.69
0.86
1.46
1.71
1.91
1.99
2.29
2.51
- -
Free Cash Flow per Basic Share
0.2
0.93
0.57
1.48
-0.02
0.91
2.25
2.23
1.54
6.93
-2.3
2.56
- -
Dividend per Share
0.12
0.38
0.27
0.5
0.6
0.6
0.75
1.3
1.61
2.17
2.13
2.28
- -
Book Value per Share
1.24
1.41
3.02
3.92
4.03
4.38
4.74
5.22
5.59
5.44
5.58
5.71
5.8
Tangible Book Value per Share
1.23
1.39
2.78
-1.5
1.21
1.42
1.85
2.46
2.86
2.73
2.91
3.11
3.22
Basic Weighted Avg Shares
102
102
130
133
146
146
141
141
150
151
151
152
154
Sales/Revenue/Turnover
3,031
2,736
2,883
3,820
5,377
508
661
737
809
844
946
1,067
- -
Operating Margin (%)
95.84
94.13
93.11
93.97
94.81
-30.04
-48.97
-37.64
-50.03
-31.87
-27.63
-26.98
- -
Depreciation Expense
8
6
9
12
13
15
26
28
25
26
20
24
- -
Net Income, GAAP
38
59
72
93
101
126
206
240
287
300
347
382
- -
Effective Tax Rate (%)
29.76
29
28.35
30.6
31.94
30.76
30.74
28.42
28.58
28.45
27.98
28.67
- -
Profit Margin (%)
1.27
2.17
2.51
2.42
1.88
24.79
31.18
32.62
35.45
35.53
36.64
35.84
- -
Working Capital
22
-73
-77
1,981
4,117
166
146
72
215
217
-6
111
127
LT Debt
- -
32
- -
165
- -
50
122
14
48
64
105
87
81
Total Equity
127
143
421
608
624
639
703
781
842
821
850
891
907
Return on Invested Capital (%)
- -
38.08
23.91
11.79
13.73
17.47
24.87
26.53
29.43
29.44
33.03
34.48
- -
Return on Capital (%)
- -
38.57
24.08
16.16
15.82
20.48
28.35
40.27
50.95
97.99
144.09
109.18
- -
Return on Common Equity (%)
- -
43.93
25.6
17.98
16.39
19.93
30.71
32.41
35.35
36.08
41.5
43.94
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
12
17
16
LT Borrowings
25
25
25
LT Finance Leases
76
62
56
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
152
156
156
Market Capitalization
3,533
4,976
4,443

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
643
681
587
Cash, Cash Equivalents & STI
463
282
305
Accounts Receivable, Net
139
343
241
Inventories
- -
- -
- -
Total Current Liabilities
487
570
460
Payables & Accruals
- -
- -
- -
ST Debt
12
17
16
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
27.82%
4.96%
4.79%
Free Cash Flow
-590.36%
-3.79%
-211.65%
Net Income, GAAP
21.38%
13.28%
10.29%
Sales/Revenue/Turnover
6.86%
10.09%
12.77%
Total Cash Common Dividend
28.08%
29.19%
7.32%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
946
2025
- -
- -
1,067
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.29
2025
- -
- -
2.51
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.13
2025
- -
- -
2.28
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Magdalena Franciszka Wierzycka
Full Time Employees
390
Sector
Finance
Industry
Investment managers
Address
The Foundry Cape Town WC South Africa 8001
IPO Date
Oct 14, 2015
Website
sygnia.co.za
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
Sygnia Limited is a South African-based financial services group specializing in investment management and administration services primarily for institutional and retail clients. The company offers a comprehensive range of products including multi-manager investment funds; index-tracking funds; customized and bespoke investment strategies; exchange-traded funds (ETFs) under the Sygnia Itrix brand; retirement savings products such as unitised life funds, unit trusts, retirement annuities, tax-free savings accounts, living annuities, and preservation funds. Additionally, Sygnia provides investment administration, foreign exchange transacting services, transition management, stockbroking, securities lending, and trading services. It operates primarily in South Africa but has expanded its offerings to international markets. Founded in 2003 and headquartered in Cape Town, Sygnia has grown assets under management and administration to over R405 billion as of March 2025. The company has several subsidiaries including Sygnia Itrix, Sygnia Securities, Sygnia Collective Investments, Sygnia Life, and Sygnia Asset Management. Recent strategic developments include launching South Africa's first tech and AI-focused actively managed ETF in 2025, reinforcing its position in innovation-driven investment products. Sygnia has also reinforced its growth through acquisitions such as the Gallet Group Employee Benefits in recent years, enhancing its capabilities in employee benefits and financial advisory segments. Sygnia reported a solid financial performance with a 13.2% increase in profit after tax to R172.6 million for the six months ended March 2025, alongside a 15.9% growth in assets under management and administration. The company’s business model emphasizes low fees and technology integration, positioning it to capitalize on shifts in the investment landscape toward passive funds, robo-advisory, and alternative investments including specialty funds, private equity, venture capital, and real estate vehicles. Sygnia continues to expand its product range and geographic footprint, backed by strong operational efficiency and a scalable platform that supports both retail and institutional investor segments.