Page 148 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 148

JSE - MET                               Profile’s Stock Exchange Handbook: 2025 - Issue 4
               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
         has  evolved  to  meet  the  challenges  of  competing  in  the  global   square 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 14 Oct 2025
        DIRECTORS: Ashford G (ind ne), Giliam P H (ind ne), Ketwa N (ind ne),   Mineworkers Investment Company (Pty) Ltd.   38.16%
         Mkhondo N L (ind ne), Muell M H (ind ne), Sithebe A K (ind ne),    Afropulse   8.40%
         Mgoduso T N (Chair, ind ne), O’Flaherty P S (CEO), Walker A (CFO)  Sabvest Investments (Pty) Ltd.   4.84%
        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 val     400 000 000     198 985 886  Interim No 31  1 Apr 25  7 Apr 25  4.00
                                                                            7 Oct 24
                                                  Final No 30
                                                                                       7.00
                                                                  1 Oct 24
        DISTRIBUTIONS [ZARc]                      LIQUIDITY: Oct25 Avg 2m shares p.w., R7.1m(29.9% p.a.)
        Ords no par val   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                                    800
        LIQUIDITY: Oct25 Avg 1m shares p.w., R7.8m(28.7% p.a.)                        700
                                                                                      600
          METAIR  40 Week MA  AUTM
                                            3500                                      500
                                                                                      400
                                            3000
                                                                                      300
                                            2500
                                                                                      200
                                            2000
                                                                                      100
                                                   2021   2022   2023   2024   2025
                                            1500
                                            1000  FINANCIAL STATISTICS
                                                               Jun 25   Jun 24  Jun 23   Jun 22   Jun 21
                                            500   (R ’000)
          2021      2022      2023       2024                   Final  Final  Final  Final  Final
                                                  Turnover    1 066 132 1 140 546 1 134 380  979 677  933 465
        FINANCIAL STATISTICS                      Op Inc      127 400  126 268  254 620  240 402  240 801
                    Jun 25   Dec 24  Dec 23   Dec 22   Dec 21
        (R million)                               NetIntPd(Rcvd)  75 807  67 533  57 619  48 780  49 447
                    Interim  Final  Final  Final  Final  Minority Int  199  6 001  1 175  5 750  3 664
        Turnover      8 657  11 819  12 056  13 905  12 621  Att Inc  24 850  16 615  137 914  133 588  138 306
        Op Inc        450   504   633   453  1 159  TotCompIncLoss  21 041  18 475  138 041  144 645  124 585
        NetIntPd(Rcvd)  227  222  256   377  145  Fixed Ass   601 273  611 966  606 524  609 699  595 454
        Minority Int   31    10   33    36    18  Tot Curr Ass  346 396  393 488  393 084  295 633  268 324
        Att Inc       - 181  - 4 164  96  - 40  675  Ord SH Int  478 092  516 105  562 559  559 591  558 732
        TotCompIncLoss  - 142  - 2 744  407  1 495  - 208  Minority Int  6 131  6 133  6 069  18 285  11 061
        Fixed Ass     3 459  2 703  4 078  3 771  2 637  LT Liab  691 049  738 579  151 215  678 349  573 925
        Inv & Loans     -   961   216   193    -  Tot Curr Liab  203 953  248 306  855 499  236 057  208 847
        Tot Curr Ass  7 673  5 567  7 242  7 492  5 536  PER SHARE STATISTICS (cents per share)
        Ord SH Int    2 530  2 694  5 406  5 068  3 759  HEPS-C (ZARc)  13.30  16.50  32.10  30.70  31.80
        Minority Int   20   103   127   130  116  DPS (ZARc)    4.00  14.00  18.00  18.00  15.00
        LT Liab       5 975  644  1 700  912  2 242  NAV PS (ZARc)  113.24  122.25  132.79  129.03  128.83
        Tot Curr Liab  4 152  6 238  5 877  6 723  2 959  3 Yr Beta  - 0.07  - 0.25  -  0.27  0.43
        PER SHARE STATISTICS (cents per share)    Price High     293  330   365   355   376
        HEPS-C (ZARc)  71.00  88.80  97.80  - 17.00  354.00  Price Low  117  216  266  273  186
        DPS (ZARc)      -     -    -     -   90.00  Price Prd End  262  260  325  330   316
        NAV PS (ZARc)  1 301.00  1 388.00 2 790.00  2 615.00  1 946.00  RATIOS
        3 Yr Beta     1.17  0.97  0.41  0.92  0.99  Ret on SH Fnd  5.17  4.33  24.46  24.11  24.92
        Price High    1 014  1 862  2 763  3 134  3 250  Oper Pft Mgn  11.95  11.07  22.45  24.54  25.80
        Price Low     450   951  1 329  2 161  1 717  D:E       1.43  1.41  1.24  1.25  1.08
        Price Prd End  750  985  1 775  2 750  2 750  Current Ratio  1.70  1.58  0.46  1.25  1.28
        RATIOS                                    Div Cover     1.48  0.28  1.78  1.71  2.13
        Ret on SH Fnd  - 11.74  - 148.53  2.32  - 0.08  17.88
        Oper Pft Mgn  5.20  4.27  5.25  3.26  9.18
        D:E           2.62  1.53  0.81  0.86  0.73
        Current Ratio  1.85  0.89  1.23  1.11  1.87
        Div Cover       -     -    -     -   3.89
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