Page 29 - Profile's Stock Exchange Handbook -2024 Issue 4

Profile’s Stock Exchange Handbook: 2024 – Issue 4 NSX – NAM
Namibia Asset Management Ltd. Namibia Breweries Ltd.
NAM NBS
ISIN: NA000AOJMZ44 SHORT: NAM CODE: NAM ISIN: NA0009114944 SHORT: NBL CODE: NBS
REG NO: 97/397 FOUNDED: 1997 LISTED: 1998 REG NO: 2/1920 FOUNDED: 1920 LISTED: 1996
NATURE OF BUSINESS: Namibia Asset Management (Pty) Ltd. was NATURE OF BUSINESS: Established in 1920, NBL is the leading beverage
founded in April 1996 as a wholly-owned subsidiary of Namibian Harvest manufacturing company in Namibia and one of the last few independently
Investments Ltd. (NHI) to provide independent asset management owned commercial-scale breweries in southern Africa. NBL’s is one of only
services to institutional and retail investors. NHI was a broadly diversified a few large-scale commercial breweries in Africa that brew according to the
financial services group that was successfully listed on the NSX in July German Reinheitsgebot (“Purity Law”) of 1516, which prescribes that
1998. After ten years in existence, the NHI board of directors decided to malted barley, hops and water are the only ingredients used in brewing.
refocus the business on asset management only. Thus all the non-core Our commitment to the Reinheitsgebot guarantees quality beer brewed
businesses have been closed. from safe, natural ingredients.
SECTOR: Fins—FinServcs—InvBnkng&BrokerServcs—AssMgrs&Custodians SECTOR: CnsStp—FoodBev&Tob—Beverages—Brewers
NUMBER OF EMPLOYEES: 0 NUMBER OF EMPLOYEES: 983
DIRECTORS: Breedt J (CFO & Co Secretary), Angula E (ind ne, Namb), DIRECTORS: BelJB(ne), DurandJJ(ne), GerdesHB(ne, Namb),
Hornung S (ind ne), Kandongo E (ind ne), Kapenda A (ind ne), Marcus N Mokgatle-AukhumesMK(ne), PirmezRJM(ne, Blgm), Santry K (ne),
(ind ne), Rhoda A, Rossouw B (ind ne, Namb), Smith L (ne), Schimming-ChaseAR(ne), ShiyukaAJH(ne), Yedikardesler Y (ne),
WaltersSW(ind ne, Namb), Young G (ind ne), Shaanika T (CEO, Namb) Mungunda V J (Chair, ne, Namb), SimonsPMJ (MD),
MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2023 von Lieres W (FD, Namb)
Coronation Investment Management (Pty) Ltd. 40.05% MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2023
POSTAL ADDRESS: PO Box 23329, Windhoek, Namibia NBL Investment Holdings (Pty) Ltd. 59.37%
MORE INFO: www.sharedata.co.za/sdo/jse/NAM Government Institutions Pension Fund 15.66%
COMPANY SECRETARY: Janita Breedt POSTAL ADDRESS: PO Box 206, Windhoek, Namibia
TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd. MORE INFO: www.sharedata.co.za/sdo/jse/NBS
SPONSOR: IJG Securities (Pty) Ltd. COMPANY SECRETARY: Hilya Ndiitaneka Herman
AUDITORS: Ernst & Young TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
CAPITAL STRUCTURE AUTHORISED ISSUED SPONSOR: PSG Wealth Management Namibia (Pty) Ltd.
NAM Ords NAD1c ea 300 000 000 200 000 000 AUDITORS: Deloitte & Touche (Namibia)
DISTRIBUTIONS [NADc] CAPITAL STRUCTURE AUTHORISED ISSUED
Ords NAD1c ea Ldt Pay Amt NBS Ords no par 299 000 000 206 529 000
Final No 22 1 Dec 23 14 Dec 23 6.00 DISTRIBUTIONS [NADc]
Final No 21 2 Dec 22 15 Dec 22 6.00 Ords no par Ldt Pay Amt
LIQUIDITY: Nov24 Avg 15 135 shares p.w., R10 886.1(0.4% p.a.) Interim No 50 25 Oct 24 15 Nov 24 52.00
Interim No 49 5 Apr 24 17 May 24 150.00
FINSA 40 Week MA NAM
LIQUIDITY: Nov24 Avg 80 522 shares p.w., R2.4m(2.0% p.a.)
79
40 Week MA NBL
70
5000
62
4579
53
4158
44
3736
35
2019 | 2020 | 2021 | 2022 | 2023 | 2024 3315
FINANCIAL STATISTICS 2894
(Amts in NAD’000) Mar 24 Sep 23 Sep 22 Sep 21 Sep 20 2019 | 2020 | 2021 | 2022 | 2023 | 2024
Interim Final Final Final(rst) Final NOTES:NBLchangeditsfinancialyearendfrom30Juneto31December.
Turnover 32 257 78 469 90 269 90 946 99 722 FINANCIAL STATISTICS
Op Inc 6 850 17 024 15 210 17 902 22 087 (Amts in NAD’000) Jun 24 Jun 23 Jun 22 Jun 21 Jun 20
NetIntPd(Rcvd) - 1 123 - 1 546 - 976 - 834 - 1 044 Interim Final Final Final(rst) Final
Att Inc 5 297 12 935 10 779 13 729 15 227 Turnover 4 814 419 4 265 246 3 929 246 3 406 110 2 645 832
TotCompIncLoss 5 297 12 935 10 779 13 729 15 393 Op Inc 465 769 421 213 667 436 612 626 453 243
Fixed Ass 870 1 508 2 743 3 407 1 170 NetIntPd(Rcvd) 42 333 13 225 19 111 25 716 32 953
Inv & Loans 6 000 6 000 - - - Att Inc 325 595 5 094 873 539 878 378 112 261 327
Tot Curr Ass 38 438 44 759 62 421 71 875 74 914
Ord SH Int 26 134 32 318 29 708 31 683 31 420 TotCompIncLoss 325 510 5 099 364 541 316 367 970 263 547
LT Liab - - 1 020 1 915 5 388 Fixed Ass 1 486 452 1 200 767 916 243 937 281 985 323
Tot Curr Liab 19 960 21 571 41 945 49 359 50 240 Tot Curr Ass 1 437 658 1 556 904 1 875 036 1 423 723 1 082 732
Ord SH Int 2 123 120 2 107 404 2 450 079 1 908 763 1 755 895
PER SHARE STATISTICS (cents per share) LT Liab 925 196 524 180 577 000 690 606 712 983
HEPS-C (ZARc) 3.36 8.22 6.27 8.82 9.79
DPS (ZARc) - 6.00 6.00 7.00 7.00 Tot Curr Liab 818 866 1 055 056 632 033 558 028 439 007
NAV PS (ZARc) 16.60 20.67 19.08 15.84 20.21 PER SHARE STATISTICS (cents per share)
3 Yr Beta 0.04 0.04 - 0.04 - 0.02 - 0.04 HEPS-C (ZARc) 154.40 162.70 233.10 178.20 125.60
Price High 72 70 70 66 65 DPS (ZARc) 52.00 2 635.00 - 56.00 106.00
Price Low 69 67 66 62 55 NAV PS (ZARc) 1 028.00 1 020.39 1 186.31 924.21 850.19
Price Prd End 72 69 67 66 62 3 Yr Beta 0.12 0.18 0.24 0.34 0.30
RATIOS Price High 3 800 5 000 5 100 3 500 4 840
Ret on SH Fnd 40.54 40.02 36.28 43.33 48.46 Price Low - 3 000 3 120 2 590 3 499
Oper Pft Mgn 21.24 21.70 16.85 19.68 22.15 Price Prd End 2 950 3 680 4 092 3 121 3 499
D:E - - 0.03 0.07 0.17 RATIOS
Current Ratio 1.93 2.07 1.49 1.46 1.49 Ret on SH Fnd 30.67 241.76 22.04 19.81 14.88
Div Cover - 1.38 1.15 1.26 1.40
Oper Pft Mgn 9.67 9.88 16.99 17.99 17.13
D:E 0.45 0.43 0.29 0.43 0.49
Current Ratio 1.76 1.48 2.97 2.55 2.47
Div Cover 3.03 0.94 - 3.23 1.19
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