L 
9,230.00
+2.32%
Close of 9 Nov 2026, in ZAc
Search any instrument
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 10.32bn
FY2017FY2026
Net income
ZAR 853.8m
FY2017FY2026
Free cash flow
ZAR 452.5m
FY2017FY2026
Shareholders' equity
ZAR 5.49bn
FY2017FY2026
Income statement
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ZAR 10.32bn | ZAR 9.29bn | ZAR 8.18bn | ZAR 6.15bn | ZAR 5.98bn | ZAR 5.45bn | ZAR 5.14bn | ZAR 4.89bn | ZAR 4.20bn | ZAR 4.14bn |
| Operating income | ZAR 1.38bn | ZAR 1.17bn | ZAR 754.9m | ZAR 600.6m | ZAR 667.9m | ZAR 735.1m | ZAR 253.7m | ZAR 443.0m | ZAR 379.3m | ZAR 564.8m |
| Net income | ZAR 853.8m | ZAR 754.9m | ZAR 436.4m | ZAR 411.0m | ZAR 483.1m | ZAR 432.9m | ZAR 182.4m | ZAR 309.5m | ZAR 264.1m | ZAR 358.0m |
| Diluted earnings per share | 15.73 | 14.24 | 8.20 | 7.38 | 7.94 | 6.52 | 2.55 | 3.82 | 3.15 | 4.11 |
Balance sheet
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | ZAR 9.16bn | ZAR 8.44bn | ZAR 7.53bn | ZAR 7.05bn | ZAR 6.91bn | ZAR 6.82bn | ZAR 7.39bn | ZAR 5.79bn | ZAR 6.78bn | ZAR 7.48bn |
| Cash and short-term investments | ZAR 456.6m | ZAR 464.5m | ZAR 359.2m | ZAR 321.9m | ZAR 464.8m | ZAR 670.7m | ZAR 1.44bn | ZAR 545.4m | ZAR 743.8m | ZAR 1.08bn |
| Total liabilities | ZAR 3.67bn | ZAR 3.36bn | ZAR 2.83bn | ZAR 2.44bn | ZAR 2.19bn | ZAR 1.95bn | ZAR 2.68bn | ZAR 912.9m | ZAR 1.34bn | ZAR 2.03bn |
| Debt | ZAR 2.36bn | ZAR 2.03bn | ZAR 1.72bn | ZAR 1.31bn | ZAR 1.03bn | ZAR 805.8m | ZAR 1.76bn | ZAR 1.76bn | ZAR 531.6m | ZAR 947.3m |
| Shareholders' equity | ZAR 5.49bn | ZAR 5.08bn | ZAR 4.70bn | ZAR 4.61bn | ZAR 4.72bn | ZAR 4.87bn | ZAR 4.71bn | ZAR 4.88bn | ZAR 5.45bn | ZAR 5.45bn |
| Shares outstanding | 54m | 53m | 53m | 56m | 61m | 66m | 72m | 81m | 84m | 87m |
Cash flow
Fiscal years
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | ZAR 581.5m | ZAR 560.3m | ZAR 458.7m | ZAR 517.5m | ZAR 705.0m | ZAR 808.1m | ZAR 650.0m | ZAR 527.6m | ZAR 661.1m | ZAR 816.2m |
| Capital spending | −ZAR 129.0m | −ZAR 127.9m | −ZAR 124.6m | −ZAR 142.9m | −ZAR 119.5m | −ZAR 121.3m | −ZAR 108.1m | −ZAR 88.6m | −ZAR 44.4m | −ZAR 61.3m |
| Free cash flow | ZAR 452.5m | ZAR 432.4m | ZAR 334.1m | ZAR 374.6m | ZAR 585.5m | ZAR 686.8m | ZAR 541.9m | ZAR 439.0m | ZAR 616.7m | ZAR 754.9m |
| Dividends paid | −ZAR 435.8m | −ZAR 310.2m | −ZAR 224.2m | −ZAR 241.4m | −ZAR 254.2m | −ZAR 147.0m | −ZAR 196.4m | −ZAR 168.0m | −ZAR 171.5m | −ZAR 356.9m |
Latest quarters
By quarter end
| Mar 2026 | Sept 2025 | Mar 2025 | Sept 2024 | Mar 2024 | Dec 2023 | Sept 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | ZAR 5.47bn | ZAR 4.85bn | ZAR 4.93bn | ZAR 4.35bn | ZAR 4.35bn | ZAR 2.18bn | ZAR 3.83bn | ZAR 1.92bn |
| Operating income | ZAR 833.1m | ZAR 542.8m | ZAR 686.1m | ZAR 484.4m | ZAR 380.2m | ZAR 190.1m | ZAR 321.8m | ZAR 160.9m |
| Net income | ZAR 533.8m | ZAR 320.0m | ZAR 471.9m | ZAR 283.0m | ZAR 241.6m | ZAR 120.8m | ZAR 194.8m | ZAR 97.4m |
| Diluted earnings per share | 9.83 | 6.04 | 8.90 | 5.32 | 4.54 | 2.17 | 3.50 | 1.75 |
| Cash from operations | ZAR 681.0m | −ZAR 99.0m | ZAR 771.0m | −ZAR 211.0m | ZAR 362.0m | ZAR 181.0m | ZAR 96.0m | ZAR 48.0m |
| Capital spending | −ZAR 56.0m | −ZAR 72.0m | −ZAR 60.0m | −ZAR 67.0m | −ZAR 41.0m | −ZAR 16.0m | −ZAR 83.0m | −ZAR 41.0m |
| Free cash flow | ZAR 625.0m | −ZAR 171.0m | ZAR 711.0m | −ZAR 278.0m | ZAR 321.0m | ZAR 165.0m | ZAR 13.0m | ZAR 7.0m |
| Total assets | ZAR 9.16bn | ZAR 9.24bn | ZAR 8.44bn | ZAR 8.42bn | ZAR 7.53bn | ZAR 7.53bn | ZAR 7.62bn | ZAR 7.62bn |
| Cash and short-term investments | ZAR 456.6m | ZAR 487.9m | ZAR 464.5m | ZAR 491.3m | ZAR 359.2m | ZAR 359.2m | ZAR 403.1m | ZAR 403.1m |
| Debt | ZAR 1.68bn | ZAR 1.95bn | ZAR 1.32bn | ZAR 1.93bn | ZAR 1.02bn | ZAR 666.5m | ZAR 1.11bn | ZAR 1.11bn |
| Shareholders' equity | ZAR 5.49bn | ZAR 5.11bn | ZAR 5.08bn | ZAR 4.75bn | ZAR 4.70bn | ZAR 4.70bn | ZAR 4.60bn | ZAR 4.60bn |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 18.8% | 13.6% | 9.0% |
| Operating income | 31.8% | 13.4% | 5.4% |
| Net income | 27.6% | 14.5% | -1.2% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Operating margin | 13.0% | 11.5% | 11.7% | 11.4% |
| Net margin | 8.2% | 7.2% | 7.4% | 8.0% |
Valuation history
At each fiscal year end
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 5.6 | 6.3 | 9.8 | 5.8 | 6.2 | 7.3 | 8.8 | 9.0 | 11.1 | 6.4 |
| Price to sales | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.6 | 0.3 | 0.6 | 0.7 | 0.6 |
Dividends and splits
Per share, in the currency the company pays
Paid for 21 years. Last went ex-dividend on 22 Jul 2026.
| FY2027 | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 5.60 | 8.37 | 6.00 | 4.18 | 4.13 | 3.90 | 1.98 | 2.49 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.