D 
2,424.00
-0.74%
Close of 9 Nov 2026, in ZAc
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in ZAR, from our data supplier.
Revenue
ZAR 42.83bn
FY2017FY2026
Net income
ZAR 978.9m
FY2017FY2026
Free cash flow
ZAR 1.21bn
FY2017FY2026
Shareholders' equity
ZAR 5.64bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ZAR 42.83bn | ZAR 39.17bn | ZAR 36.28bn | ZAR 32.66bn | ZAR 30.41bn | ZAR 26.28bn | ZAR 23.98bn | ZAR 21.42bn | ZAR 19.56bn | ZAR 17.27bn |
| Gross profit | ZAR 8.15bn | ZAR 8.80bn | ZAR 8.22bn | ZAR 7.59bn | ZAR 6.83bn | ZAR 5.84bn | ZAR 5.56bn | ZAR 5.22bn | ZAR 4.77bn | ZAR 4.21bn |
| Operating income | ZAR 1.99bn | ZAR 2.10bn | ZAR 1.78bn | ZAR 1.74bn | ZAR 1.54bn | ZAR 1.27bn | ZAR 1.25bn | ZAR 1.22bn | ZAR 1.13bn | ZAR 1.13bn |
| Net income | ZAR 978.9m | ZAR 1.18bn | ZAR 984.5m | ZAR 1.00bn | ZAR 853.4m | ZAR 668.7m | ZAR 598.2m | ZAR 734.7m | ZAR 684.3m | ZAR 612.3m |
| Diluted earnings per share | 1.14 | 1.37 | 1.15 | 1.17 | 0.99 | 0.78 | 0.70 | 0.85 | 0.80 | 0.71 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ZAR 20.74bn | ZAR 19.26bn | ZAR 17.50bn | ZAR 15.52bn | ZAR 14.08bn | ZAR 13.19bn | ZAR 10.59bn | ZAR 8.84bn | ZAR 7.13bn | ZAR 5.90bn |
| Cash and short-term investments | ZAR 499.8m | ZAR 585.4m | ZAR 884.4m | ZAR 287.4m | ZAR 705.9m | ZAR 539.7m | ZAR 451.8m | ZAR 177.4m | ZAR 280.0m | ZAR 294.7m |
| Total liabilities | ZAR 15.04bn | ZAR 14.03bn | ZAR 13.03bn | ZAR 11.58bn | ZAR 10.69bn | ZAR 10.24bn | ZAR 8.27bn | ZAR 6.73bn | ZAR 5.44bn | ZAR 4.77bn |
| Debt | ZAR 6.64bn | ZAR 6.24bn | ZAR 5.69bn | ZAR 4.97bn | ZAR 4.51bn | ZAR 4.48bn | ZAR 3.70bn | ZAR 2.09bn | ZAR 1.87bn | ZAR 1.79bn |
| Shareholders' equity | ZAR 5.64bn | ZAR 5.22bn | ZAR 4.47bn | ZAR 3.90bn | ZAR 3.32bn | ZAR 2.91bn | ZAR 2.25bn | ZAR 2.04bn | ZAR 1.63bn | ZAR 1.11bn |
| Shares outstanding | 857m | 858m | 858m | 858m | 860m | 861m | 860m | 860m | 860m | 860m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ZAR 2.32bn | ZAR 904.7m | ZAR 1.89bn | ZAR 853.9m | ZAR 1.38bn | ZAR 1.12bn | ZAR 1.26bn | ZAR 336.0m | ZAR 45.0m | ZAR 159.2m |
| Capital spending | −ZAR 1.10bn | −ZAR 1.40bn | −ZAR 1.03bn | −ZAR 1.09bn | −ZAR 377.3m | −ZAR 401.2m | −ZAR 363.4m | −ZAR 394.5m | −ZAR 252.6m | −ZAR 221.5m |
| Free cash flow | ZAR 1.21bn | −ZAR 497.4m | ZAR 863.1m | −ZAR 236.0m | ZAR 1.00bn | ZAR 722.9m | ZAR 893.6m | −ZAR 58.5m | −ZAR 207.6m | −ZAR 62.3m |
| Dividends paid | −ZAR 524.2m | −ZAR 472.0m | −ZAR 424.3m | −ZAR 466.0m | −ZAR 458.6m | −ZAR 39.5m | −ZAR 266.4m | −ZAR 301.7m | −ZAR 232.9m | −ZAR 909.9m |
Latest quarters
By quarter end
| Aug 2026 | Feb 2026 | Aug 2025 | Feb 2025 | Aug 2024 | Feb 2024 | Nov 2023 | Aug 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ZAR 22.97bn | ZAR 21.55bn | ZAR 21.27bn | ZAR 19.61bn | ZAR 19.56bn | ZAR 18.43bn | ZAR 18.43bn | ZAR 17.86bn |
| Gross profit | ZAR 4.59bn | ZAR 4.00bn | ZAR 4.15bn | ZAR 3.84bn | ZAR 3.82bn | ZAR 4.24bn | ZAR 4.24bn | ZAR 3.46bn |
| Operating income | ZAR 1.01bn | ZAR 728.1m | ZAR 1.12bn | ZAR 1.20bn | ZAR 1.03bn | ZAR 901.2m | ZAR 901.2m | ZAR 876.7m |
| Net income | ZAR 548.8m | ZAR 345.8m | ZAR 633.1m | ZAR 602.1m | ZAR 577.7m | ZAR 483.6m | ZAR 483.6m | ZAR 500.9m |
| Diluted earnings per share | 0.64 | 0.40 | 0.74 | 0.70 | 0.67 | 0.56 | 0.56 | 0.58 |
| Cash from operations | ZAR 1.37bn | ZAR 390.0m | ZAR 1.93bn | −ZAR 116.0m | ZAR 1.02bn | ZAR 451.0m | ZAR 688.0m | ZAR 1.01bn |
| Capital spending | −ZAR 712.0m | −ZAR 643.0m | −ZAR 459.0m | −ZAR 1.07bn | −ZAR 329.0m | −ZAR 748.0m | −ZAR 748.0m | −ZAR 278.0m |
| Free cash flow | ZAR 661.0m | −ZAR 253.0m | ZAR 1.47bn | −ZAR 1.19bn | ZAR 691.0m | −ZAR 297.0m | −ZAR 60.0m | ZAR 736.0m |
| Total assets | ZAR 22.39bn | ZAR 20.74bn | ZAR 19.37bn | ZAR 19.26bn | ZAR 18.20bn | ZAR 17.50bn | ZAR 17.50bn | ZAR 16.57bn |
| Cash and short-term investments | ZAR 440.0m | ZAR 499.8m | ZAR 418.3m | ZAR 585.4m | ZAR 824.4m | ZAR 884.4m | ZAR 884.4m | ZAR 788.9m |
| Debt | ZAR 1.98bn | ZAR 4.39bn | ZAR 1.73bn | ZAR 4.19bn | ZAR 2.94bn | ZAR 3.20bn | ZAR 1.92bn | ZAR 2.51bn |
| Shareholders' equity | ZAR 6.04bn | ZAR 5.64bn | ZAR 5.63bn | ZAR 5.22bn | ZAR 4.85bn | ZAR 4.47bn | ZAR 4.47bn | ZAR 4.19bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 9.4% | 10.3% | 11.0% |
| Operating income | 4.6% | 9.5% | 8.2% |
| Net income | -0.7% | 7.9% | 6.7% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 20.7% | 21.7% | 21.9% | 22.5% |
| Operating margin | 5.0% | 5.0% | 5.0% | 5.3% |
| Net margin | 2.6% | 2.7% | 2.7% | 2.9% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 22.1 | 25.5 | 31.5 | 26.3 | 29.0 | 45.6 | 30.2 | 31.0 | 36.4 | 51.3 |
| Price to sales | 0.5 | 0.8 | 0.8 | 0.8 | 0.8 | 1.2 | 0.8 | 1.1 | 1.3 | 1.8 |
Dividends and splits
Per share, in the currency the company pays
Paid for 5 years. Last went ex-dividend on 17 Jun 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 0.159 | 0.573 | 0.495 | 0.417 | 0.483 | 0.506 | 0.263 | 0.334 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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