Page 211 - Profile's Stock Exchange Handbook - 2025 Issue 3
P. 211
Profile’s Stock Exchange Handbook: 2025 - Issue 3 JSE - VOD
Vodacom Group Ltd. Vukile Property Fund Ltd.
ISIN: ZAE000132577 SHORT: VODACOM CODE: VOD ISIN: ZAE000056370 SHORT: VUKILE CODE: VKE
REG NO: 1993/005461/06 FOUNDED: 1993 LISTED: 2009 REG NO: 2002/027194/06 FOUNDED: 2004 LISTED: 2004
NATURE OF BUSINESS: Vodacom is a leading, purpose-driven African NATURE OF BUSINESS: Vukile Property Fund Ltd. (Vukile, the
operator providing connectivity, digital and financial services to company or the group) is a high-quality, low-risk and retail-focused
211.3 million customers, including those served through Safaricom. Real Estate Investment Trust (REIT), which listed on the JSE Ltd.
Building on more than 30 years in the telecommunications industry, on 24 June 2004 (JSE code: VKE) and on the Namibia Securities
Vodacom has grown beyond South Africa to include controlled Exchange (NSX) on 11 July 2007 (NSX code: VKN). Vukile’s market
operations in DRC, Egypt, Lesotho, Mozambique and Tanzania, with capitalisation was R21.7 billion on 31 March 2025 and its direct
an associate holding in Safaricom providing exposure to Ethiopia property portfolio was valued at R48.4 billion.
and Kenya. As Vodacom diversify and differentiate with our digital SECTOR: RealEstate--RealEstate--REITS--Retail
ecosystem, Vodacom continues to pioneer innovative solutions that NUMBER OF EMPLOYEES: 82
shape Africa’s digital future. DIRECTORS: Dongwana N P (ind ne), Formby J (ind ne), Zehner J
SECTOR: Telecoms--Telecoms--TelecomServiceProvider--TelecomServices (ind ne), Pottas L (FD), Rapp L (CEO), Mothibeli I, Payne N G
NUMBER OF EMPLOYEES: 16 999 (Chair, ind ne), Booysen Dr S F (Chair, ind ne), Kodisang B M (ne),
DIRECTORS: Bianco F (alt, It), Govinda S K (ne), Kamath G S (ind ne), Mokate Dr R D (ld ind ne), Mokgabudi T (ind ne), Moseneke Dr G S (ne)
Klotz P (ne), Mahanyele-Dabengwa P (ind ne), Nqweni N (alt), Otty J MAJOR ORDINARY SHAREHOLDERS as at 24 Jun 2025
(ne, UK), Reiter J (ne), Shuenyane K L (ld ind ne), Thomson C B (ind ne), Public Investment Corporation SOC Ltd. 20.22%
Wood L (ne), Macozoma S (Chair, ind ne), Joosub M S (CEO), Ninety One SA (Pty) Ltd. 5.02%
Morathi R K (CFO) Eskom Pension and Provident Fund 4.97%
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025 POSTAL ADDRESS: PO Box 2779, Saxonworld, 2132
Vodafone Group plc 65.10% MORE INFO: www.sharedata.co.za/sdo/jse/VKE
Government Employees Pension Fund 12.24% COMPANY SECRETARY: Johann Neethling
YeboYethu Investment Company (RF) (Pty) Ltd. 5.51% TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
POSTAL ADDRESS: Private Bag X9904, Sandton, 2146 SPONSOR: Java Capital (Pty) Ltd.
MORE INFO: www.sharedata.co.za/sdo/jse/VOD AUDITORS: PwC Inc.
COMPANY SECRETARY: Karen Robinson CAPITAL STRUCTURE Authorised Issued
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. VKE Ords no par 1 500 000 000 1 244 630 392
SPONSOR: Investec Bank Ltd.
AUDITORS: Ernst & Young DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE Authorised Issued Ords no par Ldt Pay Amt
7 Jul 25
1 Jul 25
VOD Ords no par 4 000 000 000 2 077 841 204 Final No 42 10 Dec 24 17 Dec 24 76.54
55.18
Interim No 41
DISTRIBUTIONS [ZARc] LIQUIDITY: Jul25 Avg 12m shares p.w., R208.3m(48.2% p.a.)
Ords no par Ldt Pay Amt
Final No 32 17 Jun 25 23 Jun 25 335.00 VUKILE 40 Week MA REIV
Interim No 31 26 Nov 24 2 Dec 24 285.00 2200
2000
LIQUIDITY: Jul25 Avg 8m shares p.w., R883.2m(19.0% p.a.) 1800
1600
VODACOM 40 Week MA FTEL
30000 1400
1200
25000 1000
800
20000
600
400
15000 2021 2022 2023 2024 2025
10000
FINANCIAL STATISTICS
Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
5000 (R million)
2021 2022 2023 2024 2025 Final Final Final Final Final
NetRent/InvInc 2 565 2 212 2 049 1 917 1 510
FINANCIAL STATISTICS Total Inc 3 257 2 328 2 416 2 310 1 796
Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Attrib Inc 3 209 1 587 1 932 1 909 584
(R million)
Final Final Final Final Final(rst) TotCompIncLoss 3 401 3 337 3 952 1 314 - 67
Turnover 152 227 150 594 119 170 102 736 98 302 Ord UntHs Int 27 868 23 803 20 077 17 568 17 361
Op Inc 35 791 35 337 29 252 28 236 27 652 Investments 1 124 3 545 2 046 2 026 949
NetIntPd(Rcvd) 6 633 6 747 4 712 3 675 3 423 FixedAss/Prop 48 298 36 568 34 380 30 535 32 414
Minority Int 3 293 2 972 1 344 571 490 Tot Curr Ass 2 726 2 767 2 168 1 128 1 646
Att Inc 16 598 16 292 16 767 17 163 16 581 Total Ass 53 821 44 237 40 076 34 725 35 992
TotCompIncLoss 12 691 20 616 21 601 14 366 777 Tot Curr Liab 1 554 1 630 1 777 1 878 3 716
Fixed Ass 81 138 74 643 74 241 59 273 56 480 PER SHARE STATISTICS (cents per share)
Tot Curr Ass 75 656 70 727 65 788 50 519 46 309 HEPS-C (ZARc) 158.59 131.34 134.72 134.25 137.26
Ord SH Int 92 019 92 764 85 946 79 437 79 370 DPS (ZARc) 131.72 124.25 112.43 105.80 101.04
Minority Int 11 633 11 064 11 481 6 029 6 320 NAV PS (ZARc) 2 239.00 2 155.00 2 048.00 1 792.00 1 816.00
LT Liab 70 332 65 524 66 502 34 834 44 219 3 Yr Beta 0.64 0.34 0.44 1.19 1.24
Tot Curr Liab 75 997 71 261 64 386 57 667 42 070 Price Prd End 1 745 1 518 1 244 1 406 865
PER SHARE STATISTICS (cents per share) Price High 1 899 1 574 1 570 1 421 973
HEPS-C (ZARc) 857.00 846.00 948.00 1 013.00 980.00 Price Low 1 418 1 151 1 217 858 422
DPS (ZARc) 620.00 590.00 670.00 850.00 825.00 RATIOS
NAV PS (ZARc) 4 428.59 4 464.44 4 681.15 4 326.63 4 322.98 RetOnSH Funds 11.02 6.72 9.51 10.68 2.21
3 Yr Beta 0.68 0.45 0.25 0.02 0.07 RetOnTotAss 6.38 5.28 6.05 6.72 5.04
Price High 12 648 12 673 16 348 16 045 13 935 Debt:Equity 0.79 0.81 0.83 0.82 0.84
Price Low 8 544 8 946 11 562 12 178 11 201 OperRetOnInv 5.19 5.51 5.63 5.89 4.53
Price Prd End 12 545 9 855 12 204 16 000 12 626 OpInc:Turnover 56.61 55.54 56.11 55.17 49.51
RATIOS
Ret on SH Fnd 19.19 18.55 18.59 20.75 19.92
Oper Pft Mgn 23.51 23.47 24.55 27.48 28.13
D:E 0.81 0.77 0.78 0.68 0.63
Current Ratio 1.00 0.99 1.02 0.88 1.10
Div Cover 1.39 1.43 1.41 1.19 1.19
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