Page 204 - Profile's Stock Exchange Handbook - 2026 Issue 1
P. 204
JSE - WE Profile’s Stock Exchange Handbook: 2026 - Issue 1
We Buy Cars Holdings Ltd. Wilson Bayly Holmes - Ovcon Ltd.
ISIN: ZAE000332789 SHORT: WEBUYCARS CODE: WBC ISIN: ZAE000009932 SHORT: WBHO CODE: WBO
REG NO: 2020/632225/06 FOUNDED: 2020 LISTED: 2024 REG NO: 1982/011014/06 FOUNDED: 1975 LISTED: 1988
NATURE OF BUSINESS: In the early 2000s, brothers Faan and Dirk NATURE OF BUSINESS: WBHO is one of the largest construction
van der Walt observed that for individual consumers, selling companies in southern Africa and is listed on the JSE. The
an older vehicle in the South African market was a lengthy and driving force behind WBHO is a core of dedicated, hands-on
difficult process. They established the WeBuyCars brand in 2001 to management professionals whose experience spans decades of
provide vehicle owners with a quick, easy and trusted solution to major construction projects. Construction activities covering the
sell their vehicles. The Company recognised a gap in the market to full construction spectrum, are divided into three main operating
facilitate efficient vehicle sales which it was able to achieve through divisions: Building construction, Civil engineering and Roads and
formalising the preowned motor vehicle market. The ability of earthworks. WBHO’s African offices are strategically located in
customers to efficiently sell or buy a vehicle or to sell their vehicle Johannesburg, Cape Town, Durban and Gqeberha in South Africa
to a reputable, trusted company, quickly grew the customer base as well as Gaborone in Botswana, Maputo in Mozambique, and
of WeBuyCars. Accra in Ghana. Our UK operations provide services out of London
SECTOR: ConsDisr--Retail--Retailers--SpecialityRetaillers and Manchester.
NUMBER OF EMPLOYEES: 3 140 SECTOR: Inds--Constr&Mats--Constr&Mats--Construction
DIRECTORS: Amoils K B (alt), Kruger N A S (ld ind ne), Mathews B (ne), NUMBER OF EMPLOYEES: 9 694
Mendelowitz M (ne), Roos W T (ne), Totaram S (ne), van der Walt D J, DIRECTORS: Bester C (ind ne), Forbay K (ind ne), Gardiner R (ld ind ne),
Holtzhausen J A (Chair, ne), van der Walt A S (CEO), Rein C J (CFO) Ntene H (ind ne), Sonqushu N (ind ne), Henwood C V (Chair),
MAJOR ORDINARY SHAREHOLDERS as at 20 Nov 2025 Neff W (CEO), Logan A C (CFO)
Coronation Asset Management 29.75% MAJOR ORDINARY SHAREHOLDERS as at 9 Dec 2025
I VDW Holdings 10.15% Akani 2 Investment Holdings (Pty) Ltd. 20.43%
Government Employees Pension Fund 7.97% Government Employees Pension Fund 19.99%
POSTAL ADDRESS: Building 7, Byls Bridge Office Park, 6 Byls Bridge Old Mutual 6.41%
Boulevard, Centurion, 0046 POSTAL ADDRESS: PO Box 531, Bergvlei, 2012
MORE INFO: www.sharedata.co.za/sdo/jse/WBC MORE INFO: www.sharedata.co.za/sdo/jse/WBO
COMPANY SECRETARY: P J C Vorster COMPANY SECRETARY: Donna Msiska
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
SPONSOR: Pallidus Capital (Pty) Ltd., PSG Capital (Pty) Ltd. SPONSOR: Investec Bank Ltd.
AUDITORS: PwC Inc. AUDITORS: PwC Inc.
CAPITAL STRUCTURE Authorised Issued CAPITAL STRUCTURE Authorised Issued
WBC Ords no par val 10 000 000 000 417 882 796 WBO Ords 1c ea 100 000 000 71 018 425
DISTRIBUTIONS [ZARc] DISTRIBUTIONS [ZARc]
Ords no par val Ldt Pay Amt Ords 1c ea Ldt Pay Amt
Final No 3 2 Dec 25 8 Dec 25 30.00 Final 21 Oct 25 27 Oct 25 320.00
Interim No 2 3 Jun 25 9 Jun 25 30.00 Interim 22 Apr 25 29 Apr 25 300.00
LIQUIDITY: Jan26 Avg 4m shares p.w., R197.1m(50.5% p.a.) LIQUIDITY: Jan26 Avg 723 065 shares p.w., R123.5m(52.9% p.a.)
FINANCIAL STATISTICS FINANCIAL STATISTICS
Sep 25 Sep 24 Jun 25 Jun 24 Jun 23 Jun 22 Jun 21
(R ‘000) (R million)
Final Final Final Final Final Final Final(rst)
Turnover 26 377 152 23 319 199 Turnover 28 493 27 526 23 769 17 240 19 464
Op Inc 1 337 466 748 792 Op Inc 1 415 1 247 1 058 814 869
NetIntPd(Rcvd) 112 711 141 753 NetIntPd(Rcvd) - 243 - 198 - 125 - 89 - 68
Minority Int - - 5 Minority Int 89 80 44 - 114 35
Att Inc 935 392 343 094 Att Inc 1 242 968 790 - 2 160 316
TotCompInc/Loss 936 057 342 637 TotCompInc/Loss 1 463 889 1 127 - 2 589 - 64
Fixed Ass 1 701 508 1 152 588 Fixed Ass 2 559 2 331 2 111 1 563 1 764
Tot Curr Ass 3 345 179 2 819 489 Tot Curr Ass 11 511 10 989 10 553 8 198 13 407
Ord SH Int 3 053 448 2 305 397 Ord SH Int 5 328 4 533 3 864 2 855 5 529
LT Liab 784 769 977 953 Minority Int 241 145 137 81 96
Tot Curr Liab 1 514 478 903 511 LT Liab 366 395 492 388 555
PER SHARE STATISTICS (cents per share) Tot Curr Liab 10 141 10 289 10 154 8 542 12 295
HEPS-C (ZARc) 224.60 91.70 PER SHARE STATISTICS (cents per share)
DPS (ZARc) 60.00 25.00 HEPS-C (ZARc) 2 278.30 2 020.70 1 703.40 1 297.00 1 321.90
NAV PS (ZARc) 731.06 694.56 DPS (ZARc) 620.00 460.00 - - 205.00
Price High 6 085 3 149 NAV PS (ZARc) 7 502.52 6 382.60 5 441.41 4 767.14 9 231.56
Price Low 2 885 1 895 3 Yr Beta 0.62 0.37 0.77 1.12 1.20
Price Prd End 5 538 2 952 Price High 24 996 16 229 11 379 12 580 12 900
RATIOS Price Low 15 481 10 170 7 000 6 916 7 662
Ret on SH Fnd 30.63 14.88 Price Prd End 18 467 16 008 10 448 8 088 11 300
Oper Pft Mgn 5.07 3.21 RATIOS
D:E 0.52 0.62 Ret on SH Fnd 23.89 22.41 20.84 - 77.45 6.23
Current Ratio 2.21 3.12 Oper Pft Mgn 4.97 4.53 4.45 4.72 4.46
Div Cover 3.73 3.66 D:E 0.07 0.08 0.12 0.13 0.10
Current Ratio 1.14 1.07 1.04 0.96 1.09
Div Cover 3.80 4.01 - - 2.90
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