Sanlam (SLM.JSE)

Sanlam share price today, ATLAS forecast and fair value

Financial Services · Insurance - Life · Johannesburg Stock Exchange · South Africa

ZAR 86.27▲ +1.55%

Prices as of Oct 26, 2026 · ZAR

ATLAS fair value

ZAR 119.71

Below fair value · 28% discount

Chance of rising in 1 month

52%

that it ends higher than today in 21 sessions

0%coin flip 50%100%

This is just the summary. See everything on Sanlam in ATLAS

ATLAS's own quantitative analysis, all in one place.

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
See everything included
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.

On Sanlam

  • Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
  • Officers and shareholdersWho runs the company and which funds hold its shares.
  • Customer and supplier mapWho it does business with, from its own filings.
  • Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
  • NewsThe latest on the company, in one place.

And for you

  • ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
  • AlertsWe let you know when something changes in your stocks.
  • Crisis simulatorHow your portfolio would do in a crash like 2008.
  • Practice risk-free$10,000 in virtual money to invest at real prices.
  • Global screenerSearch US stocks and stocks from 47 countries with filters.
Get started →

Plans from €3.99 a month.

ATLAS estimates Sanlam's fair value at about ZAR 119.71 per share (reasonable range: ZAR 107.74 to ZAR 131.68). At ZAR 86.27, the stock trades 28% below it.

It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.

ATLAS's model gives Sanlam a 52% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.

In half of the simulated outcomes the price ends between ZAR 83.12 and ZAR 90.17; in 9 out of 10, between ZAR 77.34 and ZAR 96.90. Estimated annual volatility is 23%.

Price, last 12 months (weekly close)

Sanlam (SLM.JSE) — Price, last 12 months (weekly close)Oct 24, 2025: ZAR 94.19. Oct 26, 2026: ZAR 86.27. ▼Fair value ZAR 119.71ZAR 106.22ZAR 78.15Oct 24, 2025Oct 26, 2026

Key numbers

Market cap
ZAR 179B
Market cap (USD)
$10.7B
P/E ratio
9.6
Dividend yield
0.06%
52-week high
ZAR 108.47
52-week low
ZAR 76.43
Revenue (12 months)
ZAR 232B
Gross margin
60.5%
Operating margin
42.4%
Net margin
8.2%
Beta
0.51

What this means

These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Sanlam sits below fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.

Over the last 52 weeks SLM.JSE has traded between ZAR 76.43 and ZAR 108.47. Today it is 20.5% below that high and 13% above its low.

On the business: net margin is 8.2%; it trades at 9.6 times earnings.

Its beta is 0.51: it tends to move less than the market.

About the company

Sanlam Limited provides various financial services in South Africa, Pan-Africa, Asia, and internationally. The company operates through Sanlam Life and Savings; Pan-Africa; Asia; Sanlam Investments; and Santam segments.

Want to see everything about Sanlam?

Get started →

Plans from €3.99 a month.

Comparable companies

Other companies in the same line of business:

Frequently asked questions

What is Sanlam (SLM.JSE) fair value?

About ZAR 119.71 per share according to ATLAS (reasonable range: ZAR 107.74 to ZAR 131.68). With the stock at ZAR 86.27, it is 28% below it.

What is the chance SLM.JSE goes up next month?

52%: close to a coin flip. In half of the simulated outcomes, SLM.JSE ends the month between ZAR 83.12 and ZAR 90.17.

How big is Sanlam and what is its P/E ratio?

Sanlam's market capitalization is ZAR 179B. Its price-to-earnings (P/E) ratio is 9.6: you pay ZAR 9.58 for each ZAR 1.00 of yearly earnings.

Does Sanlam pay a dividend?

Yes. SLM.JSE's current dividend yield is 0.06% at today's price (ZAR 86.27).

Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer

ATLAS Signals

ATLAS Signals, every week

The week in the market, three stocks on ATLAS’s radar and what comes next. Get it every Monday.

By subscribing you agree to receive ATLAS Signals by email every Monday. You can unsubscribe with one click at any time. Privacy