Back to catalogue
OMU
Old Mutual Limited
450/1000 Overall fit
AI beneficiary 35% 32
Operating leverage 25% 68
Valuation 25% 30
Downside protection 15% 62
First-pass take
No explicit AI exposure or strategy; traditional financial services (insurance, wealth management, asset management, banking). Strong execution: adjusted headline earnings +14%, RONA +160bps, solvency 182%. But: customer persistency issues (net outflows R21.5bn), macroeconomic headwinds in core South Africa market (high household debt, weak consumer confidence), and expected R1.1-1.3bn annual losses from OM Bank investment through 2028.
Flags
no-valuation-datano-ai-strategypersistency-headwindsmacro-headwindsnew-growth-drag