Page 73 - Profile's Stock Exchange Handbook - 2025 Issue 4

Profile’s Stock Exchange Handbook: 2025 - Issue 4 JSE - ADC
Adcorp Holdings Ltd.

ISIN: ZAE000000139 SHORT: ADCORP CODE: ADR
REG NO: 1974/001804/06 FOUNDED: 1968 LISTED: 1987
NATURE OF BUSINESS: The Adcorp Group is a workforce solutions
provider that seeks to connect and develop human potential to
shape markets, economies and our shared future. Adcorp and
its constituent brands are represented within South Africa and
Australia, employing in excess of 1 900 permanent staff, assigning
more than 48 000 contingent staff daily and training multiple
learners through a vast spectrum of disciplines.
SECTOR: Inds--IndsGoods&Services--IndsSupptServ--BusTrain&EmpAgency
NUMBER OF EMPLOYEES: 1 959
DIRECTORS: Lubega M (ind ne), Mnganga Dr P (ld ind ne),
Mokgabudi T (ind ne), Radley R (ind ne), Singh H (ind ne), Smith C (ne),
van Dijk R (ind ne), Serobe G T (Chair, ind ne), Wentzel Dr J P (CEO),
Prendergast N (CFO)
MAJOR ORDINARY SHAREHOLDERS as at 28 Feb 2025
H4 Collective Investments (RF) (Pty) Ltd. 11.38%
Allan Gray 8.92%
PSG Asset Management (Pty) Ltd. 8.06%
POSTAL ADDRESS: PO Box 70635, Bryanston, 2021
MORE INFO: www.sharedata.co.za/sdo/jse/ADR
COMPANY SECRETARY: Charissa de Jager
TRANSFER SECRETARY: CTSE Registry Services (Pty) Ltd.
SPONSOR: Valeo Capital (Pty) Ltd.
AUDITORS: Deloitte & Touche Inc.
CAPITAL STRUCTURE Authorised Issued
ADR Ords 2.5c ea 183 177 151 109 880 974
DISTRIBUTIONS [ZARc]
Ords 2.5c ea Ldt Pay Amt
Final No 43 12 Aug 25 18 Aug 25 50.02
Interim No 42 14 Jan 25 20 Jan 25 13.40
LIQUIDITY: Oct25 Avg 335 205 shares p.w., R1.8m(15.9% p.a.)
ADCORP 40 Week MA SUPS
1200
1100
1000
900
800
700
600
500
400
300
2021 2022 2023 2024 2025
FINANCIAL STATISTICS
Feb 25 Feb 24 Feb 23 Feb 22 Feb 21
(R million)
Final Final Final Final(rst) Final
Turnover 13 237 12 982 12 049 11 318 11 717
Op Inc 172 129 164 201 118
NetIntPd(Rcvd) 34 39 45 64 91
Minority Int 2 2 2 3 3
Att Inc 139 86 39 116 38
TotCompIncLoss 73 52 142 114 102
Fixed Ass 20 25 31 37 48
Inv & Loans - - 21 20 19
Tot Curr Ass 2 150 1 989 1 923 1 910 1 963
Ord SH Int 1 491 1 460 1 535 1 473 1 352
LT Liab 377 349 389 438 870
Tot Curr Liab 1 401 1 314 1 238 1 290 1 273
PER SHARE STATISTICS (cents per share)
HEPS-C (ZARc) 135.40 83.80 147.80 99.70 0.80
DPS (ZARc) 63.40 40.30 120.00 47.00 -
NAV PS (ZARc) 1 356.54 1 419.01 1 484.39 1 380.16 1 259.08
3 Yr Beta - 0.38 - 0.24 0.24 0.60 0.24
Price High 604 690 668 740 1 008
Price Low 360 317 409 449 129
Price Prd End 441 450 441 600 649
RATIOS
Ret on SH Fnd 9.45 6.03 2.66 8.08 3.06
Oper Pft Mgn 1.30 0.99 1.36 1.78 1.01
D:E 0.25 0.24 0.25 0.39 0.69
Current Ratio 1.53 1.51 1.55 1.48 1.54
Div Cover 2.12 2.08 0.31 2.32 -
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