Page 145 - Profile's Stock Exchange Handbook - 2025 Issue 3
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Profile’s Stock Exchange Handbook: 2025 - Issue 3                         JSE - MET

              Metair Investments Ltd.                    Metrofile Holdings Ltd.

       ISIN: ZAE000090692   SHORT: METAIR   CODE: MTA  ISIN: ZAE000061727   SHORT: METROFILE   CODE: MFL
       REG NO: 1948/031013/06   FOUNDED: 1948   LISTED: 1949  REG NO: 1983/012697/06   FOUNDED: 1983   LISTED: 1995
       NATURE OF BUSINESS: Metair is a publicly-owned company listed   NATURE  OF  BUSINESS:  Over  the  past  four  decades,  Metrofile  has
        on  the  Johannesburg  Stock  Exchange.  From  its  headquarters  in   established  a  credible  and  trusted  reputation  of  being  a  proven
        Johannesburg  the  group  manages  an  international  portfolio  of   market  leader  with  deep  expertise,  and  innovator  in  information
        companies  that  manufacture,  distribute  and  retail  products  for   governance  and  management,  offering  quality  products  and
        energy storage and automotive components. Metair was formed in   specialised services to organisations of all sizes and sectors across
        1948, becoming a supplier of automotive components to a single   South Africa, Kenya, Botswana, Mozambique and the Middle East.
        OEM  in  South  Africa  in  1964.  As  Metair  has  grown,  our  strategy   We operate from 72 facilities at 36 locations covering 119 000 square
        has  evolved  to  meet  the  challenges  of  competing  in  the  global   meters of warehousing space.
        automotive industry. Today, Metair is a truly international company   SECTOR: Inds--IndsGoods&Services--IndsSupptServ--ProfBusSupportServ
        with  multiple  OEM  customers  around  the  world,  a  broad  range   NUMBER OF EMPLOYEES: 1 324
        of  aftermarket  and  non-automotive  products,  operations  in  five   DIRECTORS: Khumalo A (ind ne), Mthimunye L E (ind ne), Rood L (alt),
        countries and ambitions to grow into five continents within the   Seabrooke C S (ind ne), Storom L (ne), Zilwa S V (ld ind ne), Langeni P
        next five years.                           (Chair, ind ne), Bomela M S (Dep Chair, ne), Seopa T S (CEO),
       SECTOR: Consumer Discretionary--Auto&Parts--Auto&Parts--Auto  Mansingh S (MD & CFO)
       NUMBER OF EMPLOYEES: 14 330                MAJOR ORDINARY SHAREHOLDERS as at 30 Jun 2024
       DIRECTORS: Giliam P H (ind ne), Medupe N (ind ne), Mkhondo N L    Mineworkers Investment Company (Pty) Ltd.   38.16%
        (ind ne), Muell M H (ind ne), Sithebe A K (ind ne), Mgoduso T N    Ninety One (Cape Town)   9.42%
        (Chair, ind ne), O’Flaherty P S (CEO), Walker A (CFO)  Afropulse              8.40%
       MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024   POSTAL ADDRESS: PO Box 40264, Cleveland, 2022
        Coronation Fund Managers          14.04%   MORE INFO: www.sharedata.co.za/sdo/jse/MFL
        Foord                              7.46%   COMPANY SECRETARY: Elizabeth Maria Smuts
        Value Active PFP H4 QI Hedge Fund   7.39%  TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
       POSTAL ADDRESS: PostNet Suite 231, Private Bag X31, Saxonwold, 2132  SPONSOR: Standard Bank of SA Ltd.
       MORE INFO: www.sharedata.co.za/sdo/jse/MTA  AUDITORS: BDO South Africa Inc.
       COMPANY SECRETARY: S M Vermaak             CAPITAL STRUCTURE      Authorised   Issued
       TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.  MFL  Ords 0.6146c ea     500 000 000     433 699 958
       SPONSOR: One Capital
       AUDITORS: Ernst & Young Inc.               DISTRIBUTIONS [ZARc]
       CAPITAL STRUCTURE      Authorised  Issued  Ords 0.6146c ea   Ldt       Pay      Amt
       MTA     Ords no par value     400 000 000     198 985 886  Interim No 31  1 Apr 25  7 Apr 25  4.00
                                                                                       7.00
                                                                            7 Oct 24
                                                                  1 Oct 24
                                                  Final No 30
       DISTRIBUTIONS [ZARc]                       LIQUIDITY: Jul25 Avg 819 872 shares p.w., R1.9m(9.8% p.a.)
       Ords no par value  Ldt     Pay       Amt
       Final No 71     5 Apr 22  11 Apr 22  90.00   METROFILE  40 Week MA  SUPS
       Final No 69    13 Apr 21  19 Apr 21  75.00                                     1100
                                                                                      1000
       LIQUIDITY: Jul25 Avg 1m shares p.w., R10.0m(29.3% p.a.)                        900
                                                                                      800
         METAIR  40 Week MA  AUTM                                                     700
                                           3500
                                                                                      600
                                           3000                                       500
                                                                                      400
                                           2500
                                                                                      300
                                                                                      200
                                           2000
                                                                                      100
                                                     2021   2022   2023   2024   2025
                                           1500
                                           1000   FINANCIAL STATISTICS
                                                               Dec 24   Jun 24  Jun 23   Jun 22   Jun 21
                                           500    (R ’000)
           2021      2022     2023      2024                  Interim  Final  Final  Final  Final
                                                  Turnover    537 426 1 140 546 1 134 380  979 677  933 465
       FINANCIAL STATISTICS                       Op Inc       83 276  126 268  254 620  240 402  240 801
                    Dec 24   Dec 23  Dec 22   Dec 21   Dec 20   NetIntPd(Rcvd)  37 767  67 533  57 619  48 780  49 447
       (R million)
                     Final  Final  Final  Final  Final  Minority Int  617  6 001  1 175  5 750  3 664
       Turnover     11 819  12 056  13 905  12 621  10 235  Att Inc  32 948  16 615  137 914  133 588  138 306
       Op Inc         504  633   453  1 159  561  TotCompIncLoss  38 605  18 475  138 041  144 645  124 585
       NetIntPd(Rcvd)  222  256  377   145   164  Fixed Ass   597 735  611 966  606 524  609 699  595 454
       Minority Int   10    33   36    18    11   Tot Curr Ass  407 180  393 488  393 084  295 633  268 324
       Att Inc      - 4 164  96  - 40  675   174  Ord SH Int  524 343  516 105  562 559  559 591  558 732
       TotCompIncLoss  - 2 744  407  1 495  - 208  - 100  Minority Int  6 948  6 133  6 069  18 285  11 061
       Fixed Ass     2 703  4 078  3 771  2 637  2 618  LT Liab  731 456  738 579  151 215  678 349  573 925
       Inv & Loans    961  216   193    -     -   Tot Curr Liab  215 766  248 306  855 499  236 057  208 847
       Tot Curr Ass  5 567  7 242  7 492  5 536  5 539  PER SHARE STATISTICS (cents per share)
       Ord SH Int    2 694  5 406  5 068  3 759  4 106  HEPS-C (ZARc)  8.10  16.50  32.10  30.70  31.80
       Minority Int   103  127   130   116   109  DPS (ZARc)    4.00  14.00  18.00  18.00  15.00
       LT Liab        644  1 700  912  2 242  1 028  NAV PS (ZARc)  120.90  122.25  132.79  129.03  128.83
       Tot Curr Liab  6 238  5 877  6 723  2 959  4 056  3 Yr Beta  - 0.42  - 0.25  -  0.27  0.43
       PER SHARE STATISTICS (cents per share)     Price High     280  330   365   355   376
       HEPS-C (ZARc)  88.80  97.80  - 17.00  354.00  148.00  Price Low  182  216  266  273  186
       DPS (ZARc)      -     -    -   90.00  75.00  Price Prd End  227  260  325  330   316
       NAV PS (ZARc)  1 388.00  2 790.00 2 615.00  1 946.00  2 133.00  RATIOS
       3 Yr Beta     0.97  0.41  0.92  0.99  1.08  Ret on SH Fnd  12.64  4.33  24.46  24.11  24.92
       Price High    1 862  2 763  3 134  3 250  2 400  Oper Pft Mgn  15.50  11.07  22.45  24.54  25.80
       Price Low      951  1 329  2 161  1 717  1 192  D:E      1.39  1.41  1.24  1.25  1.08
       Price Prd End  985  1 775  2 750  2 750  1 875  Current Ratio  1.89  1.58  0.46  1.25  1.28
       RATIOS                                     Div Cover     1.95  0.28  1.78  1.71  2.13
       Ret on SH Fnd  - 148.53  2.32  - 0.08  17.88  4.40
       Oper Pft Mgn  4.27  5.25  3.26  9.18  5.48
       D:E           1.53  0.81  0.86  0.73  0.70
       Current Ratio  0.89  1.23  1.11  1.87  1.37
       Div Cover       -     -    -   3.89  1.21
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