Page 28 - Profile's Stock Exchange Handbook - 2025 Issue 1
P. 28

NSX – NAM                                Profile’s Stock Exchange Handbook: 2025 – Issue 1
          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  ownedcommercial-scale breweries in southern Africa. NBL’s is oneof 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), von Lieres W (MD, Namb)
       MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2023  MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2023
         Coronation Investment Management (Pty) Ltd.  40.05%  NBL Investment Holdings (Pty) Ltd.  59.37%
       POSTAL ADDRESS: PO Box 23329, Windhoek, Namibia  Government Institutions Pension Fund  15.66%
       MORE INFO: www.sharedata.co.za/sdo/jse/NAM  POSTAL ADDRESS: PO Box 206, Windhoek, Namibia
       COMPANY SECRETARY: Janita Breedt           MORE INFO: www.sharedata.co.za/sdo/jse/NBS
       TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.  COMPANY SECRETARY: Hilya Ndiitaneka Herman
       SPONSOR: IJG Securities (Pty) Ltd.         TRANSFER SECRETARY: Transfer Secretaries (Pty) Ltd.
       AUDITORS: Ernst & Young                    SPONSOR: PSG Wealth Management Namibia (Pty) Ltd.
                                                  AUDITORS: Deloitte & Touche (Namibia)
       CAPITAL STRUCTURE   AUTHORISED     ISSUED
       NAM  Ords NAD1c ea    300 000 000  200 000 000  CAPITAL STRUCTURE  AUTHORISED  ISSUED
                                                  NBS  Ords no par      299 000 000  206 529 000
       DISTRIBUTIONS [NADc]
       Ords NAD1c ea         Ldt    Pay     Amt   DISTRIBUTIONS [NADc]
       Final No 22       29 Nov 24  13 Dec 24  6.00  Ords no par        Ldt     Pay    Amt
       Final No 22        1 Dec 23  14 Dec 23  6.00  Interim No 50  25 Oct 24  15 Nov 24  52.00
                                                  Interim No 49      5 Apr 24  17 May 24  150.00
       LIQUIDITY: Jan25 Avg 15 193 shares p.w., R10 927.9(0.4% p.a.)
                                                  LIQUIDITY: Jan25 Avg 85 282 shares p.w., R2.5m(2.1% p.a.)
               FINSA      40 Week MA    NAM
                                                            40 Week MA          NBL
                                           75
                                           66
                                                                                       4578
                                           58
                                                                                       4156
                                           49
                                                                                       3735
                                           41
                                                                                       3313
                                           32
          2020  |  2021  |  2022  |  2023  |  2024  |
                                                                                       2891
                                                      2020  |  2021  |  2022  |  2023  |  2024  |
       FINANCIAL STATISTICS
       (Amts in NAD’000)  Sep 24  Sep 23  Sep 22  Sep 21  Sep 20  NOTES:NBLchangeditsfinancialyearendfrom30Juneto31December.
                     Final  Final  Final Final(rst)  Final  FINANCIAL STATISTICS
       Turnover     81 347  78 469  90 269  90 946  99 722  (Amts in NAD’000)  Jun 24  Jun 23  Jun 22  Jun 21  Jun 20
       Op Inc       13 690  17 024  15 210  17 902  22 087    Interim  Final  Final Final(rst)  Final
       NetIntPd(Rcvd)  - 2 288  - 1 546  - 976  - 834  - 1 044  Turnover  4 814 419 4 265 246 3 929 246 3 406 110 2 645 832
       Att Inc      11 030  12 935  10 779  13 729  15 227  Op Inc  465 769  421 213  667 436  612 626  453 243
                                                               42 333
                                                                                      32 953
                                                  NetIntPd(Rcvd)
                                                                          19 111
                                                                                25 716
                                                                     13 225
       TotCompIncLoss  11 030  12 935  10 779  13 729  15 393
       Fixed Ass      200  1 508  2 743  3 407  1 170  Att Inc  325 595 5 094 873  539 878  378 112  261 327
                                                  TotCompIncLoss
                                                              325 510 5 099 364
                                                                          541 316
                                                                               367 970
                                                                                     263 547
       Inv & Loans   6 000  6 000  -    -     -
                                                  Fixed Ass  1 486 452 1 200 767  916 243  937 281  985 323
       Tot Curr Ass  47 942  44 759  62 421  71 875  74 914  Tot Curr Ass  1 437 658 1 556 904 1 875 036 1 423 723 1 082 732
       Ord SH Int   32 340  32 318  29 708  31 683  31 420  Ord SH Int  2 123 120 2 107 404 2 450 079 1 908 763 1 755 895
       LT Liab         -     -  1 020  1 915  5 388  LT Liab  925 196  524 180  577 000  690 606  712 983
       Tot Curr Liab  23 407  21 571  41 945  49 359  50 240  Tot Curr Liab  818 866 1 055 056  632 033  558 028  439 007
       PER SHARE STATISTICS (cents per share)     PER SHARE STATISTICS (cents per share)
       HEPS-C (ZARc)  6.99  8.22  6.27  8.82  9.79  HEPS-C (ZARc)  154.40  162.70  233.10  178.20  125.60
       DPS (ZARc)    6.00  6.00  6.00  7.00  7.00  DPS (ZARc)   52.00 2 635.00  -  56.00  106.00
       NAV PS (ZARc)  20.50  20.67  19.08  15.84  20.21  NAV PS (ZARc)  1 028.00 1 020.39 1 186.31  924.21  850.19
       3 Yr Beta     0.02  0.04  - 0.04  - 0.02  - 0.04  3 Yr Beta  0.12  0.18  0.24  0.34  0.30
       Price High     72    70    70   66    65   Price High    3 800  5 000  5 100  3 500  4 840
       Price Low      69    67    66   62    55   Price Low       -  3 000  3 120  2 590  3 499
       Price Prd End  72    69    67   66    62   Price Prd End  2 950  3 680  4 092  3 121  3 499
       RATIOS                                     RATIOS
       Ret on SH Fnd  34.11  40.02  36.28  43.33  48.46  Ret on SH Fnd  30.67  241.76  22.04  19.81  14.88
                                                                                      17.13
                                                                                 17.99
                                                                           16.99
                                                  Oper Pft Mgn
                                                                9.67
                                                                      9.88
       Oper Pft Mgn  16.83  21.70  16.85  19.68  22.15
       D:E             -     -   0.03  0.07  0.17  D:E          0.45  0.43  0.29  0.43  0.49
                                                                                       2.47
                                                  Current Ratio
                                                                      1.48
                                                                            2.97
                                                                1.76
                                                                                 2.55
       Current Ratio  2.05  2.07  1.49  1.46  1.49  Div Cover   3.03  0.94    -  3.23  1.19
       Div Cover     1.17  1.38  1.15  1.26  1.40
                                               26
   23   24   25   26   27   28   29   30   31   32   33