Old Mutual: Worth more dead than alive?
There’s still considerable life in Old Mutual, but the adjective in its name is looking more and more apposite as such rivals as Sanlam race ahead
27 March 2025 - 05:00
Investors need to ask themselves if Old Mutual is a once-in-a-lifetime opportunity or a value trap. At 6.3, calculated on its 2024 earnings, it’s certainly cheap on the traditional p:e measure.
And the Big Green is falling further behind its peer group. Its share price has barely moved over 12 months — rising 1.2% to R11.72. ..
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