Page 102 - Profile's Stock Exchange Handbook - 2025 Issue 3

JSE - COM Profile’s Stock Exchange Handbook: 2025 - Issue 3

Combined Motor Holdings Ltd. Compagnie Financière
Richemont SA
ISIN: ZAE000088050 SHORT: CMH CODE: CMH
REG NO: 1965/000270/06 FOUNDED: 1977 LISTED: 1987
NATURE OF BUSINESS: The CMH Group comprises Combined Motor ISIN: CH0210483332 SHORT: RICHEMONT CODE: CFR
Holdings Ltd. and its subsidiaries, operating in the retail motor, car REG NO: CH-170.3.013.862-4 FOUNDED: 1988 LISTED: 1988
hire and financial services segments. The Group operates only in NATURE OF BUSINESS: Richemont is one of the world’s leading
South Africa, employing 2 204 people. luxury goods groups. The Group’s luxury goods interests
SECTOR: ConsDisr--Retail--Retailers--SpecialityRetaillers encompass some of the most prestigious names in the industry,
NUMBER OF EMPLOYEES: 2 204 including Cartier, Van Cleef & Arpels, Piaget, Vacheron Constantin,
DIRECTORS: Barritt B W J, Govind P M M, Jones M E (ind ne), Komane Jaeger-LeCoultre, IWC Schaffhausen and Montblanc.Each of
R T (ind ne), Mabena J A (ind ne), Nkadimeng R (ind ne), Webber C, Richemont’s Maisons represents a proud tradition of style, quality
Dixon J S (Chair, ind ne), McIntosh J D (CEO), Jackson S K (FD) and craftsmanship which Richemont is committed to preserving.
MAJOR ORDINARY SHAREHOLDERS as at 27 Mar 2025 SECTOR: ConsDiscr--ConsumerProducts&Services--PersonalGoods--Luxury
Ninety One SA (Pty) Ltd. 7.29% NUMBER OF EMPLOYEES: 35 853
POSTAL ADDRESS: PO Box 1033, Umhlanga Rocks, 4320 DIRECTORS: Arora N (ne, USA), Brendish C (ld ind ne, UK), Eckert J (ne,
MORE INFO: www.sharedata.co.za/sdo/jse/CMH Swiss), Jin Dr K (ne, China), Luhabe W (ne), Moss J (ne, USA),
COMPANY SECRETARY: Priya Govind Nevistic Dr V (ne, Swiss), Pictet G (ne, Swiss), Ramos M (ne), Rupert A (ne),
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. Saage G (ne, USA), Thomas P (ne, Fr), Whitbread J (ne),
SPONSOR: PwC Corporate Finance (Pty) Ltd. Rupert J P (Chair, ne), Malherbe J (Dep Chair, ne),
AUDITORS: KPMG Inc. Schot B (Dep Chair, ne), Bos N (CEO, Fr), Grund B (CFO, German)
CAPITAL STRUCTURE Authorised Issued MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025
CMH Ords no par value 143 590 560 74 801 998 Compagnie Financiere Rupert 51.00%
POSTAL ADDRESS: 50 Chemin de la Chênaie, CP 30, 1293 Bellevue,
DISTRIBUTIONS [ZARc] Geneva, Switzerland
Ords no par value Ldt Pay Amt MORE INFO: www.sharedata.co.za/sdo/jse/CFR
Final No 73 10 Jun 25 17 Jun 25 171.00 COMPANY SECRETARY: Swen H Grundmann
Interim No 72 10 Dec 24 17 Dec 24 102.00 TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
LIQUIDITY: Jul25 Avg 331 931 shares p.w., R10.7m(23.1% p.a.) SPONSOR: Rand Merchant Bank (A division of FirstRand Bank Ltd.)
AUDITORS: PwC SA
CMH 40 Week MA GERE CAPITAL STRUCTURE Authorised Issued
4000
CFR A Ords shares - 537 582 089
3500
DISTRIBUTIONS [CHFc]
3000 A Ords shares Ldt Pay Amt
2500 Final No 17 16 Sep 25 29 Sep 25 300.00
Final No 16 18 Sep 24 30 Sep 24 275.00
2000
LIQUIDITY: Jul25 Avg 815 490 shares p.w., R2 444.3m(7.9% p.a.)
1500
RICHEMONT 40 Week MA PERG
1000 400000
2021 2022 2023 2024 2025
350000
FINANCIAL STATISTICS 300000
(R million) Feb 25 Feb 24 Feb 23 Feb 22 Feb 21
Final Final Final Final Final 250000
Turnover 13 252 12 840 12 434 11 168 8 580 200000
Op Inc 640 781 773 606 345
NetIntPd(Rcvd) 231 224 153 96 111 150000
Att Inc 301 408 443 375 169
TotCompIncLoss 301 408 443 375 169 2021 2022 2023 2024 2025 100000
Fixed Ass 111 100 98 67 67
Tot Curr Ass 3 493 3 191 2 965 2 246 2 028 NOTE: On 18 April 2023 Compagnie Financière Richemont SA
Ord SH Int 1 416 1 368 1 264 1 110 909 converted its depositary receipts to A shares, depositary receipts
LT Liab 860 789 821 644 548 were surrendered for A Shares in a ratio of 10 Depositary Receipts
Tot Curr Liab 3 197 3 029 2 891 2 024 1 817 for one A Share. Historical financials were adjusted.
PER SHARE STATISTICS (cents per share) FINANCIAL STATISTICS
HEPS-C (ZARc) 403.20 541.80 617.10 501.00 230.40 Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
DPS (ZARc) 273.00 366.00 408.00 335.00 225.00 (EUR million) Final Final Final Final(rst) Final
NAV PS (ZARc) 1 893.00 1 828.00 1 690.00 1 484.00 1 216.00 Turnover 21 399 20 616 19 953 16 748 13 144
3 Yr Beta 0.40 0.05 0.48 0.62 0.70 Op Inc 4 467 4 794 5 031 3 753 1 478
Price High 3 949 3 089 3 324 2 999 1 898 NetIntPd(Rcvd) 53 178 314 841 - 25
Price Low 2 475 2 426 2 371 1 550 853 Minority Int - 1 - 7 - 12 5 - 12
Price Prd End 3 100 2 650 2 868 2 799 1 550 Att Inc 2 751 2 362 313 2 074 1 301
RATIOS TotCompIncLoss 3 121 2 669 668 3 045 1 090
Ret on SH Fnd 21.29 29.87 35.08 33.76 18.56 Fixed Ass 4 049 3 637 3 343 3 122 2 583
Oper Pft Mgn 4.83 6.08 6.22 5.43 4.02 Inv & Loans 222 32 34 - 220
D:E 0.61 0.58 0.65 0.58 1.10 Tot Curr Ass 27 716 29 451 27 244 25 325 21 127
Current Ratio 1.09 1.05 1.03 1.11 1.12 Ord SH Int 22 099 20 521 18 959 19 814 17 774
Div Cover 1.48 1.49 1.45 1.50 1.00 Minority Int 67 114 60 49 110
LT Liab 9 065 10 254 9 560 9 616 9 339
Tot Curr Liab 9 068 10 936 10 507 10 507 8 136
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 13 057.66 13 000.74 11 843.07 6 489.50 4 432.50
DPS (ZARc) 6 483.00 5 793.29 7 400.75 5 652.80 3 071.00
NAV PS (ZARc) 85 299.31 76 727.33 69 988.45 61 567.70 59 519.10
3 Yr Beta 0.91 1.28 1.39 1.13 1.14
Price High 384 320 347 987 293 800 250 440 150 470
Price Low 230 996 215 732 147 340 138 910 93 430
Price Prd End 316 982 288 745 283 450 189 120 142 430
RATIOS
Ret on SH Fnd 12.41 11.41 1.58 10.47 7.21
Oper Pft Mgn 20.87 23.25 25.21 22.41 11.24
D:E 0.59 0.79 0.81 0.75 0.75
Current Ratio 3.06 2.69 2.59 2.41 2.60
Div Cover 1.49 1.44 0.13 1.12 1.43
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