Page 156 - Profile's Stock Exchange Handbook - 2025 Issue 4
P. 156

JSE - NAS                               Profile’s Stock Exchange Handbook: 2025 - Issue 4
                     Naspers Ltd.                          Nedbank Group Ltd.

        ISIN: ZAE000351946   SHORT: NASPERS-N   CODE: NPN       ISIN: ZAE000004875   SHORT: NEDBANK
                                                                          REG NO: 1966/010630/06
                                                                CODE: NED
        REG NO: 1925/001431/06   FOUNDED: 1925   LISTED: 1994   FOUNDED: 1888    LISTED: 1969
        NATURE  OF  BUSINESS:  Established  in  1915,  Naspers  has   NATURE OF BUSINESS: Nedbank Group, with
         transformed itself to become a global consumer internet company   assets  of  more  than  R1.3tn,  is  one  of  the
         and one of the largest technology investors in the world. Through   largest  financial  services  groups  in  Africa,
         Prosus, the group operates and invests globally in markets with   offering  wholesale  and  retail  banking,  as
         long-term  growth  potential,  building  leading  consumer  internet   well  as  insurance,  asset  management  and
         companies that empower people and enrich communities. Prosus   wealth management services and solutions
         has its primary listing on Euronext Amsterdam, and a secondary   to more than 7.3 million active clients. The group’s ordinary shares
         listing  on  the  Johannesburg  Stock  Exchange  and  Naspers  is  the   have been listed on the JSE since 1969. In South Africa (SA), Nedbank
         majority owner of Prosus.                 has a strong franchise that contributes 90% of the group’s R1.3tn in
        SECTOR: Technology--Technology--Software & CompSer--DigitalService  assets and 80% of the group’s R15.7bn headline earnings (HE).
        NUMBER OF EMPLOYEES: 33 246               SECTOR: Fins--Banks--Banks--Banks
        DIRECTORS: Dubey S (ind ne), Kemna A (ind ne), Mahanyele-   NUMBER OF EMPLOYEES: 25 883 (permanent)
         Dabengwa P, Bloisi F (CEO), Marais N (CFO), Bekker J P (Chair, ne),   DIRECTORS: Bomela M S (ind ne), Fortuin O (ind ne), Hermanus Dr M
         du Toit H J (ld ind ne), Enenstein C (ind ne), Girotra M (ind ne, India),   (ind ne), Nombembe T (ind ne), Brody H R (ld ind ne), Dames B A (ind ne),
         Jafta Prof R C C (ind ne), Letele F L N (ind ne), Meyer Prof D (ind ne),   Davis M (CFO), Dongwana N P (ind ne), Langeni P (ind ne),
         Oliveira de Lima R (ind ne), Pacak S J Z (ind ne), Sorour M R (ne),    Leith R A G (ne), Makalima L (ind ne), Mminele A D (Chair, ind ne),
         Xu Y (ind ne, China)                      Nkuhlu M C (COO), Quinn J P (CE), Subramoney S (ind ne)
        MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2025   MAJOR ORDINARY SHAREHOLDERS as at 11 Aug 2025
         Public Investment Corporation (SOC) Ltd.   23.38%  Government Employees Pension Fund   15.37%
        POSTAL ADDRESS: PO Box 2271, Cape Town, 8000  Allan Gray Ltd (SA)             6.88%
        MORE INFO: www.sharedata.co.za/sdo/jse/NPN  BlackRock Inc.                    5.03%
        COMPANY SECRETARY: Lynelle Bagwandeen     POSTAL ADDRESS: PO Box 1144, Johannesburg, 2000
                                                  EMAIL: NedGroupIR@Nedbank.co.za
        TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.  WEBSITE: www.nedbankgroup.co.za
        SPONSOR: Investec Bank Ltd.               TELEPHONE: 011-294-4444
        AUDITORS: Deloitte & Touche Inc.          COMPANY SECRETARY: Jackie Katzin
        CAPITAL STRUCTURE      Authorised  Issued  TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
        NPN    N ords no par val    1 500 000 000     783 586 530  SPONSOR: Merrill Lynch SA (Pty) Ltd. t/a BofA Securities, Nedbank
                                                   CIB, Tamela Holdings (Pty) Ltd.
        DISTRIBUTIONS [ZARc]                      AUDITORS: Deloitte & Touche Inc., Ernst & Young Inc.
        N ords no par val  Ldt     Pay       Amt  CAPITAL STRUCTURE      Authorised  Issued
        Final No 95     3 Dec 24  9 Dec 24  241.00  NED  Ords 100c ea       600 000 000     485 752 174
        Final No 94     5 Dec 23  11 Dec 23  174.80  DISTRIBUTIONS [ZARc]
        LIQUIDITY: Oct25 Avg 11m shares p.w., R10 641.1m(72.4% p.a.)  Ords 100c ea  Ldt  Pay  Amt
                                                  Interim No 65   2 Sep 25  8 Sep 25  1028.00
          NASPERS-N  40 Week MA  SCOM
                                            140000  Final No 64   8 Apr 25  14 Apr 25  1104.00
                                                  LIQUIDITY: Sep25 Avg 8m shares p.w., R2 031.9m(83.2% p.a.)
                                            120000
                                            100000  NEDBANK  40 Week MA  BANK
                                                                                      35000
                                            80000
                                                                                      30000
                                            60000
                                                                                      25000
                                            40000
                                                                                      20000
                                            20000
         2021   2022   2023   2024   2025                                             15000
        NOTE: Naspers underwent a share subdivision in the ratio of five-             10000
         for-one on 1 October 2025; historical values have been adjusted.             5000
                                                    2021   2022   2023   2024   2025
        FINANCIAL STATISTICS
                    Mar 25  Mar 24   Mar 23   Mar 22   Mar 21   FINANCIAL STATISTICS
        (USD million)
                     Final  Final Final(rst)  Final Final(rst)  Jun 25   Dec 24  Dec 23   Dec 22   Dec 21
        Turnover      7 181  6 431  5 960  6 294  5 934  (R million)  Interim  Final  Final Final(rst) Final(rst)
        Op Inc        124  - 562  - 1 073  - 985  - 1 189  Interest Paid  40 865  83 209  75 445  45 827  33 272
        NetIntPd(Rcvd)  - 394  - 409  143  440  - 40  Interest Rcvd  62 046  125 015  116 915  82 104  65 772
        Minority Int  7 013  3 710  5 623  6 315  1 964  Operating Inc  14 914  31 144  31 120  27 119  23 750
                                                                                       4 043
                                                                           4 432
                                                                                 4 330
                                                                      4 746
                                                  Tax
                                                                2 246
        Att Inc       5 242  2 585  4 331  12 223  5 304  Minority Int  746  1 485  1 529  1 037  836
        TotCompIncLoss  17 450  3 259  5 346  16 147  16 241  Attrib Inc  7 331  16 834  15 305  14 287  11 238
        Fixed Ass     724   764   786   736  545  TotCompIncLoss  8 877  16 819  17 338  13 354  13 171
        Inv & Loans   6 616  2 581  2 734  6 008  1 804  Ord SH Int  114 136  112 264  107 749  104 976  99 513
        Tot Curr Ass  21 760  21 361  23 182  15 485  7 679  Minority Int  854  921  887  698  620
        Ord SH Int   22 185  17 872  18 960  20 581  29 194  Dep & OtherAcc  1 231 947 1 174 691 1 087 645 1 039 622  967 929
                                                  Liabilities
                                                              1 366 941 1 292 451 1 192 197 1 136 960 1 069 284
        Minority Int  29 026  23 410  25 645  29 547  11 667  Inv & Trad Sec  252 291  243 766  211 816  169 596  189 677
        LT Liab      15 609  16 188  16 281  16 550  8 647  Adv & Loans  992 719  962 184  891 619  882 165  831 735
        Tot Curr Liab  5 925  4 077  4 336  4 639  4 309  ST Dep & Cash  60 398  55 146  139 851  116 279  104 623
        PER SHARE STATISTICS (cents per share)    Total Assets  1 493 975 1 418 537 1 311 408 1 252 904 1 214 917
        HEPS-C (ZARc)  5 574.73 2 966.83  490.49  1 625.68  3 175.78  PER SHARE STATISTICS (cents per share)
        DPS (ZARc)      -  241.00  174.80  132.05  132.33  EPS (ZARc)  1 571.00  3 610.00 3 239.00  2 934.00  2 317.00
        NAV PS (ZARc)  4 991.55 37 310.59 34 265.41 27 969.37 20 177.53  HEPS-C (ZARc)  1 800.00  3 631.00 3 312.00  2 888.00  2 410.00
                                                                    2 075.00 1 893.00
                                                              1 028.00
                                                                                     1 191.00
                                                                               1 649.00
        3 Yr Beta     0.87  0.73  0.52  0.36  0.58  DPS (ZARc)  24 522.00 24 039.00 23 192.00 21 533.00 20 493.00
                                                  NAV PS (ZARc)
        Price High  100 168  71 357  71 653  75 131  77 760  3 Yr Beta  0.73  0.95  0.69  1.66  1.81
        Price Low    63 486  53 466  28 435  27 850  48 193  Price Prd End  24 305  28 171  21 623  21 258  17 502
        Price Prd End  90 360  67 151  65 859  33 282  70 634  Price High  30 008  31 049  24 000  24 625  18 966
        RATIOS                                    Price Low    21 441  20 619  19 400  17 482  12 010
        Ret on SH Fnd  23.93  15.25  22.32  36.98  17.79  RATIOS
        Oper Pft Mgn  1.73  - 8.74  - 18.00  - 15.65  - 20.04  Ret on SH Fund  12.72  14.53  14.12  13.22  11.03
        D:E           0.33  0.40  0.38  0.34  0.21  RetOnTotalAss  2.16  2.31  1.21  1.14  0.98
        Current Ratio  3.67  5.24  5.35  3.34  1.78  Oper Pft Mgn  74.40  74.32  69.14  72.78  72.49
        Div Cover       -  23.81  40.78  94.93  30.75  Div Cover  1.53  1.74  1.71  1.78  1.95
                                                  Interest Mgn  0.03  0.03  4.21  3.93  3.73
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