Financials Discovery Limited Johannesburg S.E.

Equities

DSBP

ZAE000158564

Life & Health Insurance

End-of-day quote Johannesburg S.E. 06:00:00 2024-07-09 pm EDT 5-day change 1st Jan Change
98.19 ZAR -0.05% Intraday chart for Discovery Limited +3.36% +1.02%

Valuation

Fiscal Period: Giugno 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 96,185 68,648 82,934 84,149 96,028 91,072 - -
Enterprise Value (EV) 1 111,726 84,808 97,318 100,081 111,024 112,671 113,862 115,114
P/E ratio 14.9 x 711 x 26.6 x 15.7 x 18.7 x 13.3 x 11.6 x 10.2 x
Yield 1.44% 0.97% - - - 1.41% 1.65% 1.88%
Capitalization / Revenue 2.57 x 1.58 x 1.75 x 1.67 x 1.94 x 1.71 x 1.61 x 1.51 x
EV / Revenue 2.98 x 1.95 x 2.05 x 1.98 x 2.24 x 2.11 x 2.01 x 1.91 x
EV / EBITDA - - - - 12.7 x 9.81 x 8.37 x 7.38 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.27 x 1.54 x 1.79 x 1.6 x 1.53 x 1.65 x 1.47 x 1.29 x
Nbr of stocks (in thousands) 645,058 656,603 656,800 656,900 658,400 662,100 - -
Reference price 2 149.1 104.6 126.3 128.1 145.8 137.6 137.6 137.6
Announcement Date 9/4/19 9/16/20 9/2/21 9/7/22 9/21/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Giugno 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 37,441 43,467 47,383 50,520 49,535 53,386 56,665 60,205
EBITDA 1 - - - - 8,718 11,488 13,600 15,601
EBIT 1 - - - - 8,662 11,488 13,600 15,601
Operating Margin - - - - 17.49% 21.52% 24% 25.91%
Earnings before Tax (EBT) 1 7,919 800 4,195 6,944 7,372 9,848 10,834 11,550
Net income 1 6,533 97 3,157 5,422 5,258 6,808 8,279 10,155
Net margin 17.45% 0.22% 6.66% 10.73% 10.61% 12.75% 14.61% 16.87%
EPS 2 10.01 0.1470 4.754 8.178 7.815 10.31 11.84 13.54
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.150 1.010 - - - 1.940 2.272 2.588
Announcement Date 9/4/19 9/16/20 9/2/21 9/7/22 9/21/23 - - -
1ZAR in Million2ZAR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Giugno 2021 S1 2022 S1
Net sales - -
EBITDA - -
EBIT 4,250 -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income - -
Net margin - -
EPS - -
Dividend per Share 1 - -
Announcement Date 2/25/21 2/24/22
1ZAR
Estimates

Balance Sheet Analysis

Fiscal Period: Giugno 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 15,541 16,160 14,384 15,932 14,996 21,599 22,790 24,042
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - - - 1.72 x 1.88 x 1.676 x 1.541 x
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 16.2% 8.55% 7.49% 10.8% 8.95% 13.3% 14% 14.1%
ROA (Net income/ Total Assets) 2.98% 1.92% 1.49% 2.25% 2.68% 2.67% 2.78% 2.8%
Assets 1 219,420 5,055 211,808 241,418 196,297 255,187 297,382 363,211
Book Value Per Share 2 65.60 67.90 70.70 80.10 95.10 83.20 93.90 107.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 9/4/19 9/16/20 9/2/21 9/7/22 9/21/23 - - -
1ZAR in Million2ZAR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
137.6 ZAR
Average target price
182 ZAR
Spread / Average Target
+32.30%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. DSY Stock
  4. DSBP Stock
  5. Financials Discovery Limited