Old Mutual Limited
Last price: R 13.25
Updated: 9 hours ago
52w range:
R 12.43
to
R 17.00
52w change:
6.60%
to
-22.06%
Forward PE: 6.4569573
Trailing EPS: 0.0189
50d average: R 13.17
(1%)
200d average: R 13.91
(-5%)
Open: R 12.95
Previous close: R 13.00
Change: R 0.25
(1.92%)
Day high: R 13.37
Day low: R 12.95
Volume: 23.98 million
Avg. vol 3m: 16.92 million
Cap: 53.53 billion
Johannesburg
JSE:OMU
Shares outstanding: 4.0 billion
Price hint: 2
Price to book: 0.0090846765
Annual dividend rate: 0.96
Annual dividend yield: 0.00
R 0.56 dividend 6 months ago
Yahoo Quote
Summary
(retrieved 3 weeks ago)
OMU.JO
Old Mutual Limited is a South African-based financial services group with operations spanning life insurance, savings and investment products, asset management, lending, and transactional banking-related offerings. In plain terms, it makes money by collecting premiums, earning fees on assets it manages or administers, generating investment income on customer and shareholder funds, and capturing margins from lending and related financial products.
The stock looks optically inexpensive on earnings, with a trailing P/E of 7.34x and forward P/E of 6.69x. That usually signals one of two things: either the market is underrating a resilient cash-generating franchise, or investors expect muted growth, cyclical pressure, or balance-sheet complexity. For a diversified insurer-asset manager like Old Mutual, both interpretations can be partly true at once.
From a market-trend perspective, the shares are in the middle of their 52-week range, trading at 13.88 versus a 12.43 low and 17.00 high. The price is above the 50-day average of 13.08, which suggests some near-term stabilization, but still slightly below the 200-day average of 13.97, so the longer-term trend does not yet look decisively strong.
Business quality is helped by diversification. Insurance, wealth, and asset-management revenue streams tend to make the group less dependent on any one product line, and scale matters in distribution, brand, and regulatory know-how. A 56.08 billion market cap also points to a meaningful incumbent position rather than a niche player.
The challenge is that financial groups like Old Mutual are exposed to investment markets, underwriting discipline, consumer health, and regulation all at once. The very low stated dividend yield of 0.07% looks inconsistent with the ZAR 0.96 dividend rate, which suggests investors should be careful about data quality or payout timing before leaning on the income case.
Overall, this looks like a potentially undervalued but not obviously rerating story. The valuation is cheap and the business appears established, but the share-price trend is only mixed and the figures provided do not fully settle whether earnings quality, growth, and capital returns are strong enough to justify a more aggressive stance.