Page 164 - Profile's Stock Exchange Handbook - 2025 Issue 4

JSE - OCT Profile’s Stock Exchange Handbook: 2025 - Issue 4
Octodec Investments Ltd. O ld M utual L t d
OCTODEC.indd.
ISIN: ZAE000192258 ISIN: ZAE000255360 SHORT: OMUTUAL CODE: OMU
SHORT: OCTODEC
CODE: OCT REG NO: 2017/235138/06 FOUNDED: 2017 LISTED: 2018
REG NO: 1956/002868/06 NATURE OF BUSINESS: Old Mutual is a premium African financial
FOUNDED: 1956 services group that offers a broad spectrum of financial solutions
LISTED: 1990 to retail and corporate customers across key market segments in
NATURE OF BUSINESS: Octodec Investments Ltd. (Octodec or the 12 countries. Old Mutual’s primary operations are in Africa, and it
company), its subsidiaries and associated company (the group) is has a niche business in Asia. With over 180 years of heritage across
a real estate investment trust (REIT) listed on the JSE Ltd. (JSE) with sub-Saharan Africa, Old Mutual is a crucial part of the communities
a diversified portfolio of 226 residential, retail, office and industrial it serves as well as broader society on the continent.
properties situated in the major metropolitan areas of Tshwane and SECTOR: Fins--Insurance--Life Insurance--Life Insurance
Johannesburg. The portfolio, including an equity-accounted joint NUMBER OF EMPLOYEES: 28 116
venture, has a lettable area of 1 504 601m2 and is valued at R11.3 billion. DIRECTORS: Armstrong Dr B (ind ne), Ighodaro O (ind ne),
SECTOR: RealEstate--RealEstate--REITS--Retail Kgaboesele I (ind ne), Langer J (ind ne), Lister J R (ind ne, British),
NUMBER OF EMPLOYEES: 189 Magwentshu-Rensburg Dr S M (ld ind ne), Mwangi J I (ind ne, Kenyan),
DIRECTORS: Erasmus R (Deputy CEO & FD), Bhikha S R (ind ne),
Lockhart-Ross R (ind ne), Buchholz R (ind ne), Mabunda N C Silwanyana B (ind ne), van Graan S W (ind ne), Manuel T (Chair, ind ne),
(ind ne), Mojapelo E M S (ind ne), Pollack M Z (ne), Strydom P J Nqweni N (Chair), Strydom J J (CEO), Troskie C G (CFO)
(ld ind ne), Van Breda L P (ind ne), Wapnick J P (CEO), Wapnick S MAJOR ORDINARY SHAREHOLDERS as at 31 Dec 2024
(Chair, ne) Public Investment Corporation (SOC) Ltd. 17.34%
MAJOR ORDINARY SHAREHOLDERS as at 21 May 2025 BlackRock Inc 4.50%
Lefkopaul CC 7.59% The Vanguard Group Inc. 3.81%
Tomnef Investments (Pty) Ltd. 6.89% POSTAL ADDRESS: PO Box 66, Cape Town, South Africa, 8000
Sesfikile Capital (Pty) Ltd. 5.75% MORE INFO: www.sharedata.co.za/sdo/jse/OMU
POSTAL ADDRESS: PO Box 15, Tshwane, 0001 COMPANY SECRETARY: E M Kirsten
EMAIL: info@octodec.co.za TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
WEBSITE: www.octodec.co.za SPONSOR: Tamela Holdings (Pty) Ltd.
TELEPHONE: 012-319-8781 AUDITORS: Deloitte & Touche Inc.,Ernst & Young
COMPANY SECRETARY: Elize Greeff
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. CAPITAL STRUCTURE Authorised Issued
SPONSOR: Java Capital,Nedbank Corporate and Investment Banking OMU Ords 100c ea 10 000 000 000 4 712 897 403
AUDITORS: Ernst & Young Inc. DISTRIBUTIONS [ZARc]
CAPITAL STRUCTURE Authorised Issued Ords 100c ea Ldt Pay Amt
OCT Ords no par val 500 000 000 266 197 535 Interim No 14 30 Sep 25 6 Oct 25 37.00
DISTRIBUTIONS [ZARc] Final No 13 8 Apr 25 14 Apr 25 52.00
Ords no par val Ldt Pay Amt LIQUIDITY: Oct25 Avg 89m shares p.w., R1 099.4m(98.2% p.a.)
Interim No 67 27 May 25 2 Jun 25 62.00
Final No 66 10 Dec 24 17 Dec 24 65.00 OMUTUAL 40 Week MA LIFE
LIQUIDITY: Sep25 Avg 894 644 shares p.w., R9.6m(17.5% p.a.) 1700
1600
1500
OCTODEC 40 Week MA REIV
1300
1400
1200
1300
1100
1200
1000
1100
900 1000
800
900
700 800
600 2021 2022 2023 2024 2025
500
400 FINANCIAL STATISTICS
2021 2022 2023 2024 2025 Jun 25 Dec 24 Dec 23 Dec 22 Dec 21
(R million)
Final Final(rst) Final(rst) Final(rst)
FINANCIAL STATISTICS Total Premiums Interim 72 664 68 260 63 300 83 841
38 272
(R million) Feb 25 Aug 24 Aug 23 Aug 22 Aug 21 Inc Fm Inv 84 398 152 623 135 901 20 412 157 480
Interim Final Final Final Final
NetRent/InvInc 415 816 813 841 783 Total Income 129 699 240 027 217 407 102 844 247 814
Int Recd 7 17 13 12 14 Total Outgo 120 136 223 984 203 551 96 271 235 754
Total Inc 422 833 838 853 797 Minority Int 422 722 568 420 801
Tax 10 - 5 19 16 60 Attrib Inc 4 102 7 669 7 065 5 231 6 662
Attrib Inc 228 216 610 605 - 175 TotCompIncLoss 3 886 6 697 4 510 1 825 8 274
TotCompIncLoss 228 216 610 605 - 175 Ord SH Int 60 146 58 775 56 060 57 585 62 174
Hline Erngs-CO 203 378 434 689 473 Minority Int 3 666 2 990 2 515 2 615 3 127
Ord UntHs Int 6 471 6 416 6 560 6 322 5 983
TotStockHldInt 6 471 6 416 6 560 6 322 5 983 Long-Term Liab 382 843 389 644 357 708 315 277 746 562
Fixed Invest 11 187 11 133 11 135 10 938 11 009 Cap Employed 1 152 715 1 122 592 1 040 715 959 899 973 665
Tot Curr Ass 301 268 344 262 298 Fixed Assets 52 732 50 914 56 770 50 789 47 827
Total Ass 11 492 11 404 11 491 11 245 11 455 Investments 1 072 761 1 035 232 957 860 892 404 899 388
Tot Curr Liab 1 037 1 946 696 955 2 587 Current Assets 64 061 92 060 95 921 78 887 64 079
PER SHARE STATISTICS (cents per share) Current Liab 100 486 112 689 116 311 104 846 80 189
EPS (ZARc) 85.59 81.10 229.30 227.30 - 65.70 PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 76.42 141.90 162.90 258.70 177.70
DPS (ZARc) 62.00 125.00 135.00 130.00 50.00 HEPS-C (ZARc) 97.50 202.70 165.50 129.20 163.80
NAV PS (ZARc) 2 426.00 2 397.00 2 424.00 2 328.00 2 320.00 DPS (ZARc) 37.00 86.00 81.00 76.00 72.47
3 Yr Beta 0.61 0.43 0.80 0.92 1.16 NAV PS (ZARc) 1 350.00 1 290.00 1 220.00 1 230.00 1 390.00
Price Prd End 1 099 1 089 920 919 863 3 Yr Beta 0.86 0.98 0.64 1.12 1.21
Price High 1 284 1 100 1 125 990 1 095 Price Prd End 1 207 1 251 1 306 1 046 1 310
Price Low 1 002 850 800 656 455 Price High 1 345 1 417 1 344 1 465 1 515
RATIOS Price Low 937 995 1 043 921 967
RetOnSH Funds 7.04 3.37 9.31 9.57 - 2.92 RATIOS
RetOnTotAss 7.55 7.36 7.29 7.67 6.99 Ret on SH Fund 14.18 13.59 13.03 9.39 11.43
Oper Pft Mgn 40.11 40.12 42.29 44.01 43.47 Ret on Tot Ass 1.60 1.37 1.26 0.66 1.23
Debt:Equity 0.68 0.69 0.66 0.69 0.80 Debt:Equity 6.10 6.41 6.19 5.32 11.52
OperRetOnInv 7.42 7.33 7.30 7.69 7.11 Solvency Mgn% 353.22 89.06 89.82 96.57 90.01
OpInc:Turnover 39.40 39.29 41.00 43.37 42.70
AdminFee:T/Ovr 0.05 0.05 0.05 0.04 0.04 Payouts:Prem 0.82 0.83 0.83 0.87 1.81
SH Ret On Inv 5.10 5.19 5.48 5.47 2.22
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