Sanlam's consensus estimates for 2011 and 2012
Please see the tables and charts below for the survey of Sanlam's consensus estimates for 2011 and 2012.
The tables indicate :
- Analysts' Consensus estimates
- Analysts' Consensus estimates (excluding outliers, i.e. high and low estimates)
| 2011 |
| |
High |
Low |
Consensus |
Consensus (ex-high/low) |
| Net result from financial services per share |
181.6 |
163.8 |
174.0 |
174.4 |
| Normalised headline earnings per share |
264.0 |
209.8 |
236.6 |
236.6 |
| DPS Dividend per share (cents) |
130.0 |
120.8 |
125.5 |
125.5 |
| VNB (net) Value of new business (net of minorities) (R'm) |
815.0 |
720.0 |
772.1 |
773.3 |
| PV NBP (net) Present value of new business premiums (net of minorities (R'm) |
30 533 |
27 468 |
29 001 |
29 001 |
PV NBP margins (net) Margins on a PV NBP basis (net of minorities)(%)
|
2.77% |
2.57% |
2.66% |
2.67% |
| GEV per share Group Equity Value per share (rand) |
31.72 |
29.42 |
30.62 |
30.63 |
FUM (Rbn) Funds under management (R'bn)
|
540 |
510 |
525 |
525 |
| 2012 |
| |
High |
Low |
Consensus |
Consensus (ex-high/low) |
| Net result from financial services per share |
207.0 |
164.9 |
185.4 |
185.3 |
| Normalised headline earnings per share |
293.0 |
229.4 |
272.5 |
275.7 |
| DPS Dividend per share (cents) |
150.0 |
126.8 |
136.5 |
136.1 |
| VNB (net) Value of new business (net of minorities) (R'm) |
910.0 |
675.0 |
810.9 |
816.1 |
| PV NBP (net) Present value of new business premiums (net of minorities (R'm) |
33 463 |
26 646 |
31 030 |
31 274 |
PV NBP margins (net) Margins on a PV NBP basis (net of minorities)(%)
|
2.75% |
2.53% |
2.61% |
2.61% |
| GEV per share Group Equity Value per share (rand) |
34.57 |
30.44 |
33.15 |
33.31 |
FUM (Rbn) Funds under management (R'bn)
|
613 |
537 |
577 |
577 |
The charts indicate:
- Analysts' Consensus estimates
- Analysts' Consensus estimates (excluding outliers, i.e. high and low estimates)
- Range of Analysts' estimates (from high to low estimates)
The charts were compiled following the input of all the sell-side analysts (based in South Africa) with current research coverage of Sanlam (SLMJ.J) (Total = 10 analysts). The information was based on the aforementioned analyst's most recent forecasts, as published per their recent research reports (compiled as at 8 February 2012).
The next consensus figures will be available in August 2012.
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