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How to buy Sanlam (SLM) shares

Learn how to easily invest in Sanlam shares.

Sanlam Limited (SLM) is a leading insurance-life business based in South Africa. It opened the day at R6062 after a previous close of R6035. During the day the price has varied from a low of R6000 to a high of R6104. The latest price was R6025 (25 minute delay). Sanlam is listed on the JSE and employs 20,920 staff. All prices are listed in South African Rand.

How to buy shares in Sanlam

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SLM – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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How has Coronavirus impacted Sanlam's stock price?

Since the stock market crash in March caused by coronavirus, Sanlam's stock price has had significant negative movement.

Its last market close was R6153, which is 14.60% down on its pre-crash value of R7205 and 59.82% up on the lowest point reached during the March crash when the stocks fell as low as R3850.

If you had bought R1,000 worth of Sanlam stocks at the start of February 2020, those stocks would have been worth R636.16 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth R861.42.

Is it a good time to buy Sanlam stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Sanlam shares at a glance

Information last updated 2021-07-09.
OpenR6,062.00
HighR6,104.00
LowR6,000.00
CloseR6,025.00
Previous closeR6,035.00
Change R-10.00
Change % -0.1657%
Volume 8,108,655
Information last updated 2021-10-16.
52-week rangeR4,413.44 - R6,546.00
50-day moving average R6,269.58
200-day moving average R6,022.20
Wall St. target priceR76.00
PE ratio 12.5442
Dividend yield R3 (0.05%)
Earnings per share (TTM) R4.81

Sanlam stock price (JSE: SLM)

Use our graph to track the performance of SLM stocks over time.

Sanlam price performance over time

Historical closes compared with the close of R6025 from 2021-10-22

1 week (2021-10-15) -0.17%
1 month (2021-09-23) -4.59%
3 months (2021-07-23) 2.94%
6 months (2021-04-23) 9.63%
1 year (2020-10-22) 18.74%
2 years (2019-10-22) -26.48%
3 years (2018-10-22) -16.67%
5 years (2016-10-21) -7.05%

Is Sanlam under- or over-valued?

Valuing Sanlam stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Sanlam's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Sanlam's P/E ratio

Sanlam's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Sanlam shares trade at around 13x recent earnings.

Sanlam's EBITDA

Sanlam's EBITDA (earnings before interest, taxes, depreciation and amortisation) is R16.1 billion.

The EBITDA is a measure of a Sanlam's overall financial performance and is widely used to measure a its profitability.

Sanlam financials

Revenue TTM R178.2 billion
Operating margin TTM 8.71%
Gross profit TTM R38.6 billion
Return on assets TTM 1.02%
Return on equity TTM 15.55%
Profit margin 5.67%
Book value R29.12
Market capitalisation R12.4 trillion

TTM: trailing 12 months

Sanlam's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Sanlam.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Sanlam's total ESG risk score

Total ESG risk: 22.33

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Sanlam's overall score of 22.33 (as at 12/31/2018) is pretty good – landing it in it in the 27th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Sanlam is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Sanlam's environmental score

Environmental score: 2.23/100

Sanlam's environmental score of 2.23 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Sanlam is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Sanlam's social score

Social score: 8.75/100

Sanlam's social score of 8.75 puts it squarely in the 2nd percentile of companies rated in the same sector. This could suggest that Sanlam is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Sanlam's governance score

Governance score: 10.84/100

Sanlam's governance score puts it squarely in the 2nd percentile of companies rated in the same sector. That could suggest that Sanlam is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Sanlam's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Sanlam scored a 1 out of 5 for controversy – the highest score possible, reflecting that Sanlam has managed to keep its nose clean.

Sanlam share dividends

62%

Dividend payout ratio: 61.77% of net profits

Recently Sanlam has paid out, on average, around 61.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.97% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Sanlam shareholders could enjoy a 4.97% return on their shares, in the form of dividend payments. In Sanlam's case, that would currently equate to about R3 per share.

Sanlam's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

The latest dividend was paid out to all shareholders who bought their shares by 6 April 2021 (the "ex-dividend date").

Have Sanlam's shares ever split?

Sanlam's shares were split on a 97363:1081 basis on 18 October 2005. So if you had owned 1081 shares the day before before the split, the next day you'd have owned 97363 shares. This wouldn't directly have changed the overall worth of your Sanlam shares – just the quantity. However, indirectly, the new 98.9% lower share price could have impacted the market appetite for Sanlam shares which in turn could have impacted Sanlam's share price.

Sanlam share price volatility

Over the last 12 months, Sanlam's shares have ranged in value from as little as R4413.4433 up to R6546. A popular way to gauge a stock's volatility is its "beta".

SLM.JSE volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (JSE average) beta is 1, while Sanlam's is 0.9357. This would suggest that Sanlam's shares are less volatile than average (for this exchange).

Sanlam overview

Sanlam Limited provides various financial solutions to individual, business, and institutional clients. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability cover, income protection, severe illness, medical, short-term, and group risk benefits insurances; financial planning and retirement solutions; investment products; wealth, and professionals and graduates insurance services; and personal loans. The company also provides business advice, business continuity and risk management, and employee health and retirement plans for small and medium businesses, and self-employed professionals. It operates primarily in South Africa, rest of Africa, and internationally. Sanlam Limited was founded in 1918 and is headquartered in Bellville, South Africa. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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