View Future GrowthSantam 過去の業績過去 基準チェック /56Santamは、平均年間23.6%の収益成長を遂げていますが、 Insurance業界の収益は、年間 成長しています。収益は、平均年間24.2% 14.5%収益成長率で 成長しています。 Santamの自己資本利益率は30.6%であり、純利益率は6.6%です。主要情報23.62%収益成長率23.78%EPS成長率Insurance 業界の成長7.89%収益成長率14.55%株主資本利益率30.58%ネット・マージン6.63%次回の業績アップデート07 Sep 2026最近の業績更新お知らせ • Mar 11Santam Ltd to Report First Half, 2026 Results on Sep 07, 2026Santam Ltd announced that they will report first half, 2026 results on Sep 07, 2026お知らせ • Nov 11Santam Ltd to Report Fiscal Year 2025 Results on Mar 05, 2026Santam Ltd announced that they will report fiscal year 2025 results on Mar 05, 2026お知らせ • May 13Santam Ltd to Report First Half, 2025 Results on Sep 01, 2025Santam Ltd announced that they will report first half, 2025 results on Sep 01, 2025お知らせ • Feb 11Santam Ltd to Report Fiscal Year 2024 Final Results on Mar 03, 2025Santam Ltd announced that they will report fiscal year 2024 final results at 12:00 PM, South Africa Standard Time on Mar 03, 2025お知らせ • Nov 13Santam Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025Santam Ltd announced that they will report fiscal year 2024 results on Feb 27, 2025お知らせ • May 16Santam Ltd to Report First Half, 2024 Results on Aug 29, 2024Santam Ltd announced that they will report first half, 2024 results on Aug 29, 2024すべての更新を表示Recent updatesRecent Insider Transactions • May 20CEO & Executive Director recently bought R750k worth of stockOn the 11th of May, Tavaziva Madzinga bought around 2k shares on-market at roughly R399 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Tavaziva has been a net seller over the last 12 months, reducing personal holdings by R991k.お知らせ • Mar 14Santam Ltd, Annual General Meeting, Jun 05, 2026Santam Ltd, Annual General Meeting, Jun 05, 2026.お知らせ • Mar 11Santam Ltd to Report First Half, 2026 Results on Sep 07, 2026Santam Ltd announced that they will report first half, 2026 results on Sep 07, 2026お知らせ • Nov 11Santam Ltd to Report Fiscal Year 2025 Results on Mar 05, 2026Santam Ltd announced that they will report fiscal year 2025 results on Mar 05, 2026お知らせ • Sep 01+ 1 more updateSantam Ltd Announces Appointment of Robert Arthur Stuchbery as an Additional Independent Non-Executive Director, Effective 01 September 2025The board of directors of Santam Ltd. announced the appointment of Mr. Robert Arthur Stuchbery ("Robert") as an additional Independent Non-Executive Director with effect from 01 September 2025. Notably to highlight is that Robert began his career as an underwriter in Lloyd's in 1975 and he is a fellow of the Chartered Insurance Institute since 2016. He has extensive executive, non-executive and underwriting experience within, among other, the global insurance industry. His professional career to date also demonstrates a successful track record particularly within the Lloyd's market. In addition, Robert currently serves as an Independent Non-Executive Director on the Board of the Beazley Group plc. Shareholders and noteholders are further advised that Robert's appointment was primarily made to enhance the overall skill set of the Board and to further strengthen the Board's independence as well as its collective expertise and capability. To this end, the Board herewith confirms that it considered and is satisfied with the competence, qualifications and experience of the aforesaid appointment that had been made. As per the Chair of the Board, Ms Nombulelo Moholi, Robert is an esteemed and seasoned professional with a wealth of experience which could only benefit and complement Santam. She added that the Board looks forward to his contributions and the value he will be adding to Santam. The abovementioned appointment was made in accordance with Santam's policy for the selection and (re-)appointment of directors to the Board.お知らせ • May 13Santam Ltd to Report First Half, 2025 Results on Sep 01, 2025Santam Ltd announced that they will report first half, 2025 results on Sep 01, 2025お知らせ • Mar 08Santam Ltd, Annual General Meeting, May 30, 2025Santam Ltd, Annual General Meeting, May 30, 2025.お知らせ • Feb 11Santam Ltd to Report Fiscal Year 2024 Final Results on Mar 03, 2025Santam Ltd announced that they will report fiscal year 2024 final results at 12:00 PM, South Africa Standard Time on Mar 03, 2025お知らせ • Dec 03Santam Ltd Announces Change in Director Classification and Board CommitteesSantam Ltd. announced shareholders and noteholders of the following changes: Change in the classification of Mr. Junior Ngulube from Non-Executive Director to an Independent Non-Executive Director. Mr. Ngulube, previously categorised as a non-executive director, has been classified as an independent non-executive director of the Company with effect from 01 December 2024. Following the recent notice to shareholders and noteholders regarding Ms. Chauke's resignation as an independent non-executive director of the Company and as a member of the Social, Ethics and Sustainability Committee, the Board agreed to appoint Ms. Lucia Swartz as an additional member of the Social, Ethics and Sustanaibility Committee with effect from 01 December 2024. Ms. Swartz holds a BA degree in Psychology and Geography, a diploma in Human Resources Management as well as an Advanced Management Program qualification which she obtained from the Henley Business School (UK). Given Ms. Swartz's expertise and her years of experience, she currently also serves as the Chair of the Company's Human Resources and Remuneration Committee (with effect from 01 June 2023).お知らせ • Nov 13Santam Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025Santam Ltd announced that they will report fiscal year 2024 results on Feb 27, 2025お知らせ • Oct 15Santam Ltd Announce Changes to Composition of its Board and Board CommitteesSantam Ltd. announced that in accordance with paragraphs 3.59 and 6.39 of the Listings Requirements and the Debt Listings Requirements of the JSE Limited, the Board of directors of the Company to advise shareholders and noteholders that Ms Shadi Chauke indicated that she will be stepping down as an independent non-executive director with effect from 14 October 2024. This change was initiated due to Ms Chauke's acceptance of an executive role at the Company's majority shareholder with effect from 01 November 2024. Ms Chauke has been a member of the Santam Board since June 2021 and also served as a member of the Audit Committee, the Risk Committee and the Social, Ethics and Sustainability Committee of the Board. Tavaziva Madzinga (Group Chief Executive of Santam) stated that apart from the instrumental role that Ms Chauke played in shaping and influencing Santam's strategy together with her fellow Board members, it was a privilege to have been able to work with, and be affiliated with, such a well-respected, knowledgeable and seasoned leader. Shareholders and noteholders are further advised that the Company's Nomination Committee will review the suitability of the composition of the Board, to ensure that the Board collectively has the necessary skills and expertise to continue to operate efficiently and that its composition, including its respective Board Committees, will continue to support the Company's strategic objectives. To this end, shareholders and noteholders will be notified in due course of any changes to the composition of the Board and/or its Board Committees. All changes (if any) would consequently be made in accordance with Santam's policy for the selection and (re-) appointment of directors to the Board.Recent Insider Transactions • Oct 04CEO & Executive Director recently bought R645k worth of stockOn the 1st of October, Tavaziva Madzinga bought around 2k shares on-market at roughly R368 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tavaziva has been a buyer over the last 12 months, purchasing a net total of R1.3m worth in shares.Declared Dividend • Sep 01Dividend of R5.35 announcedShareholders will receive a dividend of R5.35. Ex-date: 18th September 2024 Payment date: 23rd September 2024 Dividend yield will be 9.2%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 16Santam Ltd to Report First Half, 2024 Results on Aug 29, 2024Santam Ltd announced that they will report first half, 2024 results on Aug 29, 2024Upcoming Dividend • Mar 12Upcoming dividend of R9.05 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Namibian dividend payers (11%). In line with average of industry peers (4.3%).Declared Dividend • Mar 03Dividend of R9.05 announcedShareholders will receive a dividend of R9.05. Ex-date: 19th March 2024 Payment date: 25th March 2024 Dividend yield will be 10%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (382% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: R29.73 (vs R18.28 in FY 2022)Full year 2023 results: EPS: R29.73 (up from R18.28 in FY 2022). Revenue: R42.5b (up 33% from FY 2022). Net income: R2.55b (up 27% from FY 2022). Profit margin: 6.0% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 9.8% p.a. on average during the next 2 years compared to a 34% decline forecast for the Insurance industry in Africa. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 01Santam Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable on 25 March 2024Santam Limited announced that the board has declared a gross final dividend of 905.00000 cents (2022: 845.00000 cents) per ordinary share for the year ended 31 December 2023 to those members registered on the record date, being 22 March 2024. The dividend has been declared from income reserves. A dividend withholding taxation of 20% will be applicable to all shareholders who are not exempt, with a net dividend of 724.00000 cents per ordinary share payable to such shareholders. Last day to trade cum dividend is 18 March 2024. Shares trade ex-dividend is 19 March 2024. Payment date is 25 March 2024.お知らせ • Feb 14+ 1 more updateSantam Ltd to Report Fiscal Year 2023 Results on Feb 29, 2024Santam Ltd announced that they will report fiscal year 2023 results on Feb 29, 2024お知らせ • Feb 10Santam Ltd, Annual General Meeting, May 29, 2024Santam Ltd, Annual General Meeting, May 29, 2024.Recent Insider Transactions • Dec 16CEO & Executive Director recently bought R610k worth of stockOn the 11th of December, Tavaziva Madzinga bought around 2k shares on-market at roughly R277 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tavaziva's only on-market trade for the last 12 months.New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Namibian stocks, typically moving 3.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Upcoming Dividend • Sep 27Upcoming dividend of R17.80 per share at 4.5% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 91%. Trailing yield: 4.5%. Lower than top quartile of Namibian dividend payers (12%). In line with average of industry peers (4.3%).Upcoming Dividend • Sep 13Upcoming dividend of R4.95 per share at 4.3% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 26 September 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 91%. Trailing yield: 4.3%. Lower than top quartile of Namibian dividend payers (12%). Lower than average of industry peers (4.9%).お知らせ • Sep 07Santam Ltd Announces Executive Changes, Effective, 30 September 2023 and 1 October 2023Santam Ltd. advised that Ms Dawn Marole, an independent non-executive director of Santam, recently informed the Board of her intention to retire from the Company's Board due to her long-standing tenure on the Board of Directors, on 30 September 2023. To this end, she will remain in her current role as the Chair of the Human Resources and Remuneration Committee and the Chair of the Social, Ethics and Sustainability Committee until 30 September 2023. The same principle applies to Dawn's membership on the Company's Nomination Committee, which would also continue until 30 September 2023. Considering the imminent retirement of Dawn referred to herein, notice is further given to shareholders and noteholders that the following changes to the composition of the Board Committees listed below, would come into effect on 01 October 2023: Human Resources and Remuneration Committee Ms Lucia Swartz (an independent non-executive director of Santam and an existing member of the Human Resources and Remuneration Committee) was appointed as the Chair of the Human Resources and Remuneration Committee to succeed Dawn. Lucia is a senior human resources executive and a strategic business partner, with local and international experience in both large corporate and startup operations. She has a proven record of accomplishment of successfully building and aligning people capabilities to the needs of the business. She holds a BA degree in Psychology and Geography, a diploma in Human Resources Management and an Advanced Management Program qualification which she obtained from the Henley Business School (UK). Social, Ethics and Sustainability Committee Further to the aforementioned, shareholders and noteholders are also advised that Ms Caroline da Silva (an independent non-executive director of Santam and an existing member of the Social, Ethics and Sustainability Committee), had been appointed as the Chair of the Company's Social, Ethics and Sustainability Committee. Caroline was initially appointed to the Santam Board on 03 June 2021 and she is currently also amember of the Company's Risk Committee and the Human Resources and Remuneration Committee. She holds a Bachelor of Arts degree and has more than 30 years' experience in the insurance industry. During her professional career, Caroline served in various executive roles at the Financial Services Board and the Financial Sector Conduct Authority between August 2013 and October 2020. Nominations Committee In response to Dawn's notice of retirement, Mr. Monwabisi Fandeso ("Monwabisi") has been appointed to succeed her as a member of the Nominations Committee. Monwabisi (an independent non-executive director of Santam) was appointed to the Board on 15 January 2020 and holds a BSc (Hons) degree as well as an MBA from the Wharton School. He is currently also the Company's Lead Independent Director, the Chair of the Investment Committee and a member of the Risk Committee.お知らせ • Sep 05Santam Ltd Declares Special Cash Dividend, Payable on 09 October 2023Santam Ltd. announced in addition to the cash dividend declared with the release of the interim results for the six months ended 30 June 2023 on Stock Exchange News Service on 31 August 2023, the Board assessed the financial position of the Company following the finalisation of the Transaction. To this end, the Board intends to distribute SAR 2 billion of the gross proceeds of the Transaction to Shareholders. The distribution will be implemented by way of a special cash dividend, subject to the approval by the Financial Surveillance Department of the South African Reserve Bank. The Special Cash Dividend will be payable to Shareholders in proportion to their ordinary shareholding in Santam at the close of business on 06 October 2023 (the Record Date). Accordingly, the Board has declared a gross Special Cash Dividend of 1,780 cents per share, being 1,424 cents net of dividend withholding taxation, where applicable. The Special Cash Dividend has been declared from income reserves. A dividend withholding tax of 20% will be applicable to all Shareholders who are not exempt. Payment date is 09 October 2023. Last day to trade cum dividend is 03 October 2023. Shares trade ex-dividend is 04 October 2023.お知らせ • Sep 01Santam Ltd Declares Gross Interim Dividend for the Six Months Ended 30 June 2023, Payable on 26 September 2023Santam Ltd. announced that the board has declared a gross interim dividend of 495.00000 cents (June 2022: 462.00000 cents) per ordinary share for the six months ended 30 June 2023 to those members registered on the record date, being 22 September 2023. The dividend has been declared from income reserves. A dividend withholding taxation of 20% will be applicable to all shareholders who are not exempt, with a net dividend of 396.00000 cents per ordinary share payable to such shareholders. Shares trade ex dividend is 20 September 2023. Payment date is 26 September 2023.Reported Earnings • Sep 01First half 2023 earnings released: EPS: R11.70 (vs R5.03 in 1H 2022)First half 2023 results: EPS: R11.70 (up from R5.03 in 1H 2022). Revenue: R19.9b (down 14% from 1H 2022). Net income: R1.28b (up 133% from 1H 2022). Profit margin: 6.4% (up from 2.4% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Insurance industry in Africa. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 31+ 1 more updateSantam Ltd Announces Chief Financial Officer Changes, Effective 01 July 2023The board of directors of Santam Ltd. announced the appointment of Wikus Olivier to succeed Hennie Nel as its Chief Financial Officer, with effect from 01 July 2023. Wikus is a chartered accountant by profession who holds a B.Acc (Hons) Cum Laude degree, which he obtained from the University of Stellenbosch. His expertise includes accounting, finance, financial markets and investments as well as general business and risk management. Prior to joining Santam as the Deputy Chief Financial Officer on 01 January 2023, Wikus fulfilled various senior executive roles within the Sanlam Group which include among others his appointment as Acting Chief Financial Officer of Sanlam Limited and Sanlam Life Insurance Limited in 2018, whereafter he assumed the role as Sanlam's Group Executive: Corporate Strategy. His new appointment as Santam's Finance Director and Chief Financial Officer was approved by the Santam Board and the Prudential Authority (PA).Upcoming Dividend • Mar 15Upcoming dividend of R8.45 per share at 4.8% yieldEligible shareholders must have bought the stock before 22 March 2023. Payment date: 27 March 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Namibian dividend payers (13%). In line with average of industry peers (5.3%).Reported Earnings • Mar 03Full year 2022 earnings released: EPS: R18.16 (vs R24.91 in FY 2021)Full year 2022 results: EPS: R18.16 (down from R24.91 in FY 2021). Revenue: R32.4b (up 6.2% from FY 2021). Net income: R2.00b (down 27% from FY 2021). Profit margin: 6.2% (down from 9.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02Santam Appoints Gugu Mtetwa as New Executive Head of Strategy and Investor RelationsSantam has appointed Gugu Mtetwa as the company's executive head of strategy and investor relations, with effect from 1 February 2023. Mtetwa is a qualified chartered accountant and holds a Masters degree in Finance from the University of London. She joins Santam from Allan Gray where she fulfilled the role of executive: institutional clients operations. Mtetwa was an audit partner at PwC from 2008 until 2014. She has 20 years of experience in financial services, telecommunications and professional services, and she has extensive knowledge of the insurance and investment management industries. Mtetwa previously served as an independent non-executive director of Santam. She has also served on the boards of Equites Properties and Sasfin Bank. Mtetwa's appointment is key to the delivery of company's refreshed strategy, which is aimed at driving growth and remaining relevant to the changing needs of company's customers. She brings to her role a finite understanding of Santam and a skillset that will enhance the sharpening of company's strategy and operating model.お知らせ • Dec 01Santam Ltd to Report Fiscal Year 2022 Results on Mar 02, 2023Santam Ltd announced that they will report fiscal year 2022 results on Mar 02, 2023Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. CEO & Executive Director Tava Madzinga was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 14Upcoming dividend of R4.62 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 60% and the cash payout ratio is 89%. Trailing yield: 6.4%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (5.0%).Reported Earnings • Sep 02First half 2022 earnings released: EPS: R4.25 (vs R8.63 in 1H 2021)First half 2022 results: EPS: R4.25 (down from R8.63 in 1H 2021). Revenue: R15.0b (flat on 1H 2021). Net income: R479.0m (down 50% from 1H 2021). Profit margin: 3.2% (down from 6.4% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.お知らせ • Jun 08Santam Ltd (JSE:SNT) acquired remaining 49% stake in JaSure Financial Services (Pty) Ltd.Santam Ltd (JSE:SNT) acquired remaining 49% stake in JaSure Financial Services (Pty) Ltd on June 7, 2022. Santam Ltd (JSE:SNT) completed the acquisition of remaining 49% stake in JaSure Financial Services (Pty) Ltd on June 7, 2022.お知らせ • Jun 02Santam Ltd to Report First Half, 2022 Results on Sep 01, 2022Santam Ltd announced that they will report first half, 2022 results on Sep 01, 2022お知らせ • Apr 27Santam Ltd Appoints Ruwaida Eksteen as Company Secretary with Effect from 1 July 2022Santam Ltd. announced that Ms. Ruwaida Eksteen ("Ruwaida") has been appointed as Company Secretary of Santam with effect from 1 July 2022. Ruwaida has been appointed pursuant to section 84(4)(a) of the Companies Act, No. 71 of 2008, following the resignation of the previous company secretary. Ruwaida holds a BCom (Law) Degree, LLB and a Master's Degree in Development Finance from the University of Stellenbosch. She joins Santam from Sanlam Limited, where she serves as Deputy Company Secretary since August 2018. Ruwaida has also previously served in various risk, governance, compliance and legal roles in the JSE-listed environment before joining Sanlam.Upcoming Dividend • Mar 16Upcoming dividend of R15.90 per shareEligible shareholders must have bought the stock before 23 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (3.6%).Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: R24.91 (up from R4.91 in FY 2020). Revenue: R30.8b (up 8.9% from FY 2020). Net income: R2.75b (up 407% from FY 2020). Profit margin: 8.9% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Mar 04+ 1 more updateSantam Ltd Declares Special Dividend for the Year Ended December 31, 2021, Payable on 28 March 2022Santam Ltd. announced that board has declared a gross final dividend of 790.00 cents per share and a gross special dividend of 800.00 cents per share, 632.00 cents and 640.00 cents net of dividend withholding taxation respectively, where applicable, per ordinary share for the year ended 31 December 2021 to those members registered on the record date, being 25 March 2022. The dividend has been declared from income reserves. Last day to trade cum dividend is 22 March 2022, Shares trade ex dividend is 23 March 2022, Payment date is 28 March 2022.お知らせ • Feb 19Santam Ltd Provides Earnings Guidance for the Year Ended December 31, 2021Santam Ltd. provided earnings guidance for the year ended December 31, 2021. The company expects EPS to be in the range of 2,246 cents per share to 2,744 cents per share and HEPS to be in the range of 2,246 cents per share to 2,744 cents per share.Reported Earnings • Sep 06First half 2021 earnings released: EPS R8.63 (vs R0.24 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R14.9b (up 12% from 1H 2020). Net income: R952.0m (up R926.0m from 1H 2020). Profit margin: 6.4% (up from 0.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Aug 26Santam Ltd Provides Earnings Guidance for the Six Months Ended June 30, 2021Santam Ltd. provided earnings guidance for the six months ended June 30, 2021. For the six months, the company expects EPS to be in the range of 928 Cents per share to 796 Cents per share compared to 24 Cents per share a year ago.Executive Departure • Jun 10Company Secretary Masood Allie has left the companyOn the 8th of June, Masood Allie's tenure as Company Secretary ended after 10.4 years in the role. We don't have any record of a personal shareholding under Masood's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.Executive Departure • Jun 04Independent Non-Executive Director Bruce Campbell has left the companyOn the 2nd of June, Bruce Campbell's tenure as Independent Non-Executive Director ended after 10.7 years in the role. As of March 2021, Bruce still personally held 8.37k shares (R2.2m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.Executive Departure • Jun 04Independent Non-executive Chairman Vusumuzi Khanyile has left the companyOn the 2nd of June, Vusumuzi Khanyile's tenure as Independent Non-executive Chairman ended after 2.9 years in the role. As of March 2021, Vusumuzi still personally held only 200.00 shares (R54k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.お知らせ • Mar 18+ 1 more updateSantam Ltd Announces Executive ChangesIn compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Santam hereby notifies shareholders that Messrs Vusi Khanyile (Vusi) and Bruce Campbell (Bruce) will retire as non-executive directors at the company's AGM on 2 June 2021 in terms of the provisions of the company's Memorandum of Incorporation relating to the retirement age of directors. Vusi has been a member of the board since April 2018. He served as Chairman of the board, a member of the Human Resources and Remunerations Committee and as Chair of the Nominations Committee. Bruce has been a director of Santam since October 2010 and has served on the Audit and Risk Committees and Social, Ethics and Sustainability Committee. Shareholders are advised that Masood Allie (Masood) has resigned as company secretary of Santam, with effect from 8 June 2021, to pursue another career opportunity. Santam has commenced a process of identifying Masood's successor and shareholders will be advised of the appointment of a new company secretary in due course.お知らせ • Mar 05Santam Ltd Declares No Final Dividend for the Year Ended 31 December 2020Santam Ltd. announced that no final dividend will be declared for the year ended 31 December 2020.Reported Earnings • Mar 05Full year 2020 earnings released: EPS R4.91 (vs R19.90 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: R28.4b (flat on FY 2019). Net income: R542.0m (down 75% from FY 2019). Profit margin: 1.9% (down from 7.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Dec 03Santam Ltd to Report Fiscal Year 2020 Results on Mar 04, 2021Santam Ltd announced that they will report fiscal year 2020 results on Mar 04, 2021お知らせ • Nov 21Santam Announces Ma-Afrika Western Cape High Court JudgmentSantam has taken note of the judgement against the Company, delivered on Tuesday 17 November by the Western Cape High Court, in the matter between Santam and Ma-Afrika Hotels (Pty) Ltd. and Stellenbosch Kitchen (Pty) Ltd, relating to policies with Contingent Business Interruption (CBI) infectious disease extensions (the Ma-Afrika judgement). The detailed and complex nature of the Ma-Afrika judgement, as well as its implications, require careful consideration. The company have discussed the implications of the judgement with lead reinsurers and key stakeholders to arrive at a comprehensive response. The Ma-Afrika judgement refers to both the Café Chameleon vs Guardrisk matter as well as the Financial Conduct Authority (FCA) judgements in the United Kingdom. These judgements have been taken on appeal with final judgements expected by late 2020 or early in 2021. Santam believes that the Western Cape High Court erred in its judgement regarding causation and the insured peril, the trends clause and the indemnity period, and is therefore seeking leave to appeal to a higher court. Santam is of the view that its catastrophe reinsurance will limit the net cost of contingent business interruption claims. However, the extent of the reinsurance recoveries will ultimately depend on the response of reinsurers to the outcome of the legal process. Following the Ma-Afrika judgement, Santam has increased its net CBI claims provision by R1.7 billion in addition to the R1.3 billion that was raised in June 2020. The increase in the provision is mainly due to the Ma-Afrika judgement in favour of the insureds and the different view taken by the court regarding the indemnity period applicable to the CBI extension. Santam's view is that the indemnity period is limited to three months. The court, however, found that the indemnity period is eighteen months in this particular matter. The potential outcome of an appeal against the Ma-Afrika judgement, including other relevant court rulings on these and other Santam policy wordings may materially impact Santam's assessment of the estimated net CBI claims. This could result in significantly higher or lower actual claims. Also, the inherent complexity of business interruption claims, as well as bespoke policy wordings for corporate clients, require significant assumptions to be applied to determine the best estimate net CBI claims provisions. The overall financial impact of Santam's CBI exposures will therefore take some time to finalise. The Company will continue to update the market on changes to its best estimate of CBI claims provisions as more information becomes available. During August 2020 R1 billion of the R1.3 billion CBI provision raised in June 2020 was paid out in the form of relief payments to mainly small and medium-sized commercial policyholders in the hospitality, leisure and non-essential retail services industries that have the CBI cover extension and suffered a loss due to the national lockdown. These payments will be considered advance payments against any finally determined claims, if the courts ultimately rule in favour of the insureds. Should the courts rule in favour of Santam, then the amounts paid will be considered relief payments and will not be recovered from the insureds. Santam will continue to communicate regularly through intermediaries to update clients on the status of individual claims, especially those impacted by the Ma-Afrika judgement. Santam is committed to paying claims as quickly as possible as and when legal processes are concluded. Underwriting results for the Santam Conventional insurance business continued to benefit from lower claims frequency during the third quarter of 2020. The economic capital coverage ratio of the Group as at 31 October 2020, including the additional net CBI claims provisions of R1.7 billion, remains at the bottom end of the target range of 150% to 170%.お知らせ • Nov 18Santam Ltd Appoints Abigail Muelelwa Mukhuba as Non-Executive DirectorSantam Ltd. announced that Ms Abigail Muelelwa Mukhuba has been appointed as a non-executive director to the board, effective 16 November 2020. Abigail will serve on the Company's Risk and Investment Committees. Santam confirms that the appointment of Abigail was done in accordance with the Company's policy for the selection and appointment of directors. Abigail is currently the Finance Director of Sanlam Limited.Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 17% share price gain to R288, the stock is trading at a trailing P/E ratio of 28.1x, up from the previous P/E ratio of 24.1x. This compares to an average P/E of 7x in the Insurance industry in Africa. Total returns to shareholders over the past three years are 27%.Is New 90 Day High Low • Nov 06New 90-day high: R269The company is up 7.0% from its price of R251 on 07 August 2020. The Namibian market is down 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is down 7.0% over the same period.お知らせ • Oct 29Santam Ltd Appoints Hendrik Nel as Debt OfficerSantam Ltd. announced that Mr. Hendrik Nel, in his capacity as the Chief Financial Officer of Santam, has been appointed as the debt officer of the Company with effect from 27 October 2020.Is New 90 Day High Low • Sep 24New 90-day low: R234The company is down 13% from its price of R270 on 26 June 2020. The Namibian market is down 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 5.0% over the same period.収支内訳Santam の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史NMSE:SNM 収益、費用、利益 ( )ZAR Millions日付収益収益G+A経費研究開発費31 Dec 2561,2364,0590030 Sep 2560,3984,0330030 Jun 2550,0334,0060031 Mar 2548,6103,8430031 Dec 2456,7143,6790030 Jun 2444,4332,9820031 Mar 2443,2132,7640031 Dec 2341,9932,5450030 Jun 2339,4032,7240031 Mar 2341,0802,3590031 Dec 2242,7561,9940030 Sep 2240,7592,1811,232030 Jun 2238,7612,3682,464031 Mar 2234,6122,5533,629031 Dec 2130,4622,7374,794030 Sep 2130,1501,9794,672030 Jun 2129,8371,2214,550031 Mar 2129,0497744,500031 Dec 2028,2613274,449030 Sep 2027,9927294,554030 Jun 2027,7231,1314,658031 Mar 2027,9531,6654,597031 Dec 1928,1822,1994,536030 Sep 1927,5712,2984,534030 Jun 1926,9592,3974,532031 Mar 1926,4542,4124,499031 Dec 1825,9482,4274,465030 Sep 1825,6352,2334,242030 Jun 1825,3212,0384,018031 Mar 1824,9201,8533,835031 Dec 1724,5191,6673,652030 Sep 1723,8781,4683,501030 Jun 1723,2371,2683,350031 Mar 1722,6951,2403,299031 Dec 1622,1531,2123,247030 Sep 1621,9361,6313,259030 Jun 1621,7192,0503,271031 Mar 1621,4612,1993,274031 Dec 1521,2022,3483,277030 Sep 1520,6282,0063,198030 Jun 1520,0541,6633,1180質の高い収益: SNMは 高品質の収益 を持っています。利益率の向上: SNMの現在の純利益率 (6.6%)は、昨年(6.5%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: SNMの収益は過去 5 年間で年間23.6%増加しました。成長の加速: SNMの過去 1 年間の収益成長率 ( 10.3% ) は、5 年間の平均 ( 年間23.6%を下回っています。収益対業界: SNMの過去 1 年間の収益成長率 ( 10.3% ) はInsurance業界4.5%を上回りました。株主資本利益率高いROE: SNMの 自己資本利益率 ( 30.6% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YInsurance 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 16:56終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Santam Ltd 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。14 アナリスト機関Francois Du ToitAnchor Stockbrokers Proprietary LimitedAdrienne DamantAvior Capital MarketsRobert RiceBarclays11 その他のアナリストを表示
お知らせ • Mar 11Santam Ltd to Report First Half, 2026 Results on Sep 07, 2026Santam Ltd announced that they will report first half, 2026 results on Sep 07, 2026
お知らせ • Nov 11Santam Ltd to Report Fiscal Year 2025 Results on Mar 05, 2026Santam Ltd announced that they will report fiscal year 2025 results on Mar 05, 2026
お知らせ • May 13Santam Ltd to Report First Half, 2025 Results on Sep 01, 2025Santam Ltd announced that they will report first half, 2025 results on Sep 01, 2025
お知らせ • Feb 11Santam Ltd to Report Fiscal Year 2024 Final Results on Mar 03, 2025Santam Ltd announced that they will report fiscal year 2024 final results at 12:00 PM, South Africa Standard Time on Mar 03, 2025
お知らせ • Nov 13Santam Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025Santam Ltd announced that they will report fiscal year 2024 results on Feb 27, 2025
お知らせ • May 16Santam Ltd to Report First Half, 2024 Results on Aug 29, 2024Santam Ltd announced that they will report first half, 2024 results on Aug 29, 2024
Recent Insider Transactions • May 20CEO & Executive Director recently bought R750k worth of stockOn the 11th of May, Tavaziva Madzinga bought around 2k shares on-market at roughly R399 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Tavaziva has been a net seller over the last 12 months, reducing personal holdings by R991k.
お知らせ • Mar 14Santam Ltd, Annual General Meeting, Jun 05, 2026Santam Ltd, Annual General Meeting, Jun 05, 2026.
お知らせ • Mar 11Santam Ltd to Report First Half, 2026 Results on Sep 07, 2026Santam Ltd announced that they will report first half, 2026 results on Sep 07, 2026
お知らせ • Nov 11Santam Ltd to Report Fiscal Year 2025 Results on Mar 05, 2026Santam Ltd announced that they will report fiscal year 2025 results on Mar 05, 2026
お知らせ • Sep 01+ 1 more updateSantam Ltd Announces Appointment of Robert Arthur Stuchbery as an Additional Independent Non-Executive Director, Effective 01 September 2025The board of directors of Santam Ltd. announced the appointment of Mr. Robert Arthur Stuchbery ("Robert") as an additional Independent Non-Executive Director with effect from 01 September 2025. Notably to highlight is that Robert began his career as an underwriter in Lloyd's in 1975 and he is a fellow of the Chartered Insurance Institute since 2016. He has extensive executive, non-executive and underwriting experience within, among other, the global insurance industry. His professional career to date also demonstrates a successful track record particularly within the Lloyd's market. In addition, Robert currently serves as an Independent Non-Executive Director on the Board of the Beazley Group plc. Shareholders and noteholders are further advised that Robert's appointment was primarily made to enhance the overall skill set of the Board and to further strengthen the Board's independence as well as its collective expertise and capability. To this end, the Board herewith confirms that it considered and is satisfied with the competence, qualifications and experience of the aforesaid appointment that had been made. As per the Chair of the Board, Ms Nombulelo Moholi, Robert is an esteemed and seasoned professional with a wealth of experience which could only benefit and complement Santam. She added that the Board looks forward to his contributions and the value he will be adding to Santam. The abovementioned appointment was made in accordance with Santam's policy for the selection and (re-)appointment of directors to the Board.
お知らせ • May 13Santam Ltd to Report First Half, 2025 Results on Sep 01, 2025Santam Ltd announced that they will report first half, 2025 results on Sep 01, 2025
お知らせ • Mar 08Santam Ltd, Annual General Meeting, May 30, 2025Santam Ltd, Annual General Meeting, May 30, 2025.
お知らせ • Feb 11Santam Ltd to Report Fiscal Year 2024 Final Results on Mar 03, 2025Santam Ltd announced that they will report fiscal year 2024 final results at 12:00 PM, South Africa Standard Time on Mar 03, 2025
お知らせ • Dec 03Santam Ltd Announces Change in Director Classification and Board CommitteesSantam Ltd. announced shareholders and noteholders of the following changes: Change in the classification of Mr. Junior Ngulube from Non-Executive Director to an Independent Non-Executive Director. Mr. Ngulube, previously categorised as a non-executive director, has been classified as an independent non-executive director of the Company with effect from 01 December 2024. Following the recent notice to shareholders and noteholders regarding Ms. Chauke's resignation as an independent non-executive director of the Company and as a member of the Social, Ethics and Sustainability Committee, the Board agreed to appoint Ms. Lucia Swartz as an additional member of the Social, Ethics and Sustanaibility Committee with effect from 01 December 2024. Ms. Swartz holds a BA degree in Psychology and Geography, a diploma in Human Resources Management as well as an Advanced Management Program qualification which she obtained from the Henley Business School (UK). Given Ms. Swartz's expertise and her years of experience, she currently also serves as the Chair of the Company's Human Resources and Remuneration Committee (with effect from 01 June 2023).
お知らせ • Nov 13Santam Ltd to Report Fiscal Year 2024 Results on Feb 27, 2025Santam Ltd announced that they will report fiscal year 2024 results on Feb 27, 2025
お知らせ • Oct 15Santam Ltd Announce Changes to Composition of its Board and Board CommitteesSantam Ltd. announced that in accordance with paragraphs 3.59 and 6.39 of the Listings Requirements and the Debt Listings Requirements of the JSE Limited, the Board of directors of the Company to advise shareholders and noteholders that Ms Shadi Chauke indicated that she will be stepping down as an independent non-executive director with effect from 14 October 2024. This change was initiated due to Ms Chauke's acceptance of an executive role at the Company's majority shareholder with effect from 01 November 2024. Ms Chauke has been a member of the Santam Board since June 2021 and also served as a member of the Audit Committee, the Risk Committee and the Social, Ethics and Sustainability Committee of the Board. Tavaziva Madzinga (Group Chief Executive of Santam) stated that apart from the instrumental role that Ms Chauke played in shaping and influencing Santam's strategy together with her fellow Board members, it was a privilege to have been able to work with, and be affiliated with, such a well-respected, knowledgeable and seasoned leader. Shareholders and noteholders are further advised that the Company's Nomination Committee will review the suitability of the composition of the Board, to ensure that the Board collectively has the necessary skills and expertise to continue to operate efficiently and that its composition, including its respective Board Committees, will continue to support the Company's strategic objectives. To this end, shareholders and noteholders will be notified in due course of any changes to the composition of the Board and/or its Board Committees. All changes (if any) would consequently be made in accordance with Santam's policy for the selection and (re-) appointment of directors to the Board.
Recent Insider Transactions • Oct 04CEO & Executive Director recently bought R645k worth of stockOn the 1st of October, Tavaziva Madzinga bought around 2k shares on-market at roughly R368 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Tavaziva has been a buyer over the last 12 months, purchasing a net total of R1.3m worth in shares.
Declared Dividend • Sep 01Dividend of R5.35 announcedShareholders will receive a dividend of R5.35. Ex-date: 18th September 2024 Payment date: 23rd September 2024 Dividend yield will be 9.2%, which is lower than the industry average of 10%. Sustainability & Growth Dividend is covered by both earnings (51% earnings payout ratio) and cash flows (62% cash payout ratio). The dividend has increased by an average of 7.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 16Santam Ltd to Report First Half, 2024 Results on Aug 29, 2024Santam Ltd announced that they will report first half, 2024 results on Aug 29, 2024
Upcoming Dividend • Mar 12Upcoming dividend of R9.05 per shareEligible shareholders must have bought the stock before 19 March 2024. Payment date: 25 March 2024. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 4.7%. Lower than top quartile of Namibian dividend payers (11%). In line with average of industry peers (4.3%).
Declared Dividend • Mar 03Dividend of R9.05 announcedShareholders will receive a dividend of R9.05. Ex-date: 19th March 2024 Payment date: 25th March 2024 Dividend yield will be 10%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (382% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: R29.73 (vs R18.28 in FY 2022)Full year 2023 results: EPS: R29.73 (up from R18.28 in FY 2022). Revenue: R42.5b (up 33% from FY 2022). Net income: R2.55b (up 27% from FY 2022). Profit margin: 6.0% (down from 6.2% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to fall by 9.8% p.a. on average during the next 2 years compared to a 34% decline forecast for the Insurance industry in Africa. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 01Santam Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable on 25 March 2024Santam Limited announced that the board has declared a gross final dividend of 905.00000 cents (2022: 845.00000 cents) per ordinary share for the year ended 31 December 2023 to those members registered on the record date, being 22 March 2024. The dividend has been declared from income reserves. A dividend withholding taxation of 20% will be applicable to all shareholders who are not exempt, with a net dividend of 724.00000 cents per ordinary share payable to such shareholders. Last day to trade cum dividend is 18 March 2024. Shares trade ex-dividend is 19 March 2024. Payment date is 25 March 2024.
お知らせ • Feb 14+ 1 more updateSantam Ltd to Report Fiscal Year 2023 Results on Feb 29, 2024Santam Ltd announced that they will report fiscal year 2023 results on Feb 29, 2024
お知らせ • Feb 10Santam Ltd, Annual General Meeting, May 29, 2024Santam Ltd, Annual General Meeting, May 29, 2024.
Recent Insider Transactions • Dec 16CEO & Executive Director recently bought R610k worth of stockOn the 11th of December, Tavaziva Madzinga bought around 2k shares on-market at roughly R277 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Tavaziva's only on-market trade for the last 12 months.
New Risk • Nov 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Namibian stocks, typically moving 3.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Upcoming Dividend • Sep 27Upcoming dividend of R17.80 per share at 4.5% yieldEligible shareholders must have bought the stock before 04 October 2023. Payment date: 09 October 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 91%. Trailing yield: 4.5%. Lower than top quartile of Namibian dividend payers (12%). In line with average of industry peers (4.3%).
Upcoming Dividend • Sep 13Upcoming dividend of R4.95 per share at 4.3% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 26 September 2023. Payout ratio is a comfortable 54% and the cash payout ratio is 91%. Trailing yield: 4.3%. Lower than top quartile of Namibian dividend payers (12%). Lower than average of industry peers (4.9%).
お知らせ • Sep 07Santam Ltd Announces Executive Changes, Effective, 30 September 2023 and 1 October 2023Santam Ltd. advised that Ms Dawn Marole, an independent non-executive director of Santam, recently informed the Board of her intention to retire from the Company's Board due to her long-standing tenure on the Board of Directors, on 30 September 2023. To this end, she will remain in her current role as the Chair of the Human Resources and Remuneration Committee and the Chair of the Social, Ethics and Sustainability Committee until 30 September 2023. The same principle applies to Dawn's membership on the Company's Nomination Committee, which would also continue until 30 September 2023. Considering the imminent retirement of Dawn referred to herein, notice is further given to shareholders and noteholders that the following changes to the composition of the Board Committees listed below, would come into effect on 01 October 2023: Human Resources and Remuneration Committee Ms Lucia Swartz (an independent non-executive director of Santam and an existing member of the Human Resources and Remuneration Committee) was appointed as the Chair of the Human Resources and Remuneration Committee to succeed Dawn. Lucia is a senior human resources executive and a strategic business partner, with local and international experience in both large corporate and startup operations. She has a proven record of accomplishment of successfully building and aligning people capabilities to the needs of the business. She holds a BA degree in Psychology and Geography, a diploma in Human Resources Management and an Advanced Management Program qualification which she obtained from the Henley Business School (UK). Social, Ethics and Sustainability Committee Further to the aforementioned, shareholders and noteholders are also advised that Ms Caroline da Silva (an independent non-executive director of Santam and an existing member of the Social, Ethics and Sustainability Committee), had been appointed as the Chair of the Company's Social, Ethics and Sustainability Committee. Caroline was initially appointed to the Santam Board on 03 June 2021 and she is currently also amember of the Company's Risk Committee and the Human Resources and Remuneration Committee. She holds a Bachelor of Arts degree and has more than 30 years' experience in the insurance industry. During her professional career, Caroline served in various executive roles at the Financial Services Board and the Financial Sector Conduct Authority between August 2013 and October 2020. Nominations Committee In response to Dawn's notice of retirement, Mr. Monwabisi Fandeso ("Monwabisi") has been appointed to succeed her as a member of the Nominations Committee. Monwabisi (an independent non-executive director of Santam) was appointed to the Board on 15 January 2020 and holds a BSc (Hons) degree as well as an MBA from the Wharton School. He is currently also the Company's Lead Independent Director, the Chair of the Investment Committee and a member of the Risk Committee.
お知らせ • Sep 05Santam Ltd Declares Special Cash Dividend, Payable on 09 October 2023Santam Ltd. announced in addition to the cash dividend declared with the release of the interim results for the six months ended 30 June 2023 on Stock Exchange News Service on 31 August 2023, the Board assessed the financial position of the Company following the finalisation of the Transaction. To this end, the Board intends to distribute SAR 2 billion of the gross proceeds of the Transaction to Shareholders. The distribution will be implemented by way of a special cash dividend, subject to the approval by the Financial Surveillance Department of the South African Reserve Bank. The Special Cash Dividend will be payable to Shareholders in proportion to their ordinary shareholding in Santam at the close of business on 06 October 2023 (the Record Date). Accordingly, the Board has declared a gross Special Cash Dividend of 1,780 cents per share, being 1,424 cents net of dividend withholding taxation, where applicable. The Special Cash Dividend has been declared from income reserves. A dividend withholding tax of 20% will be applicable to all Shareholders who are not exempt. Payment date is 09 October 2023. Last day to trade cum dividend is 03 October 2023. Shares trade ex-dividend is 04 October 2023.
お知らせ • Sep 01Santam Ltd Declares Gross Interim Dividend for the Six Months Ended 30 June 2023, Payable on 26 September 2023Santam Ltd. announced that the board has declared a gross interim dividend of 495.00000 cents (June 2022: 462.00000 cents) per ordinary share for the six months ended 30 June 2023 to those members registered on the record date, being 22 September 2023. The dividend has been declared from income reserves. A dividend withholding taxation of 20% will be applicable to all shareholders who are not exempt, with a net dividend of 396.00000 cents per ordinary share payable to such shareholders. Shares trade ex dividend is 20 September 2023. Payment date is 26 September 2023.
Reported Earnings • Sep 01First half 2023 earnings released: EPS: R11.70 (vs R5.03 in 1H 2022)First half 2023 results: EPS: R11.70 (up from R5.03 in 1H 2022). Revenue: R19.9b (down 14% from 1H 2022). Net income: R1.28b (up 133% from 1H 2022). Profit margin: 6.4% (up from 2.4% in 1H 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 2.5% decline forecast for the Insurance industry in Africa. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 31+ 1 more updateSantam Ltd Announces Chief Financial Officer Changes, Effective 01 July 2023The board of directors of Santam Ltd. announced the appointment of Wikus Olivier to succeed Hennie Nel as its Chief Financial Officer, with effect from 01 July 2023. Wikus is a chartered accountant by profession who holds a B.Acc (Hons) Cum Laude degree, which he obtained from the University of Stellenbosch. His expertise includes accounting, finance, financial markets and investments as well as general business and risk management. Prior to joining Santam as the Deputy Chief Financial Officer on 01 January 2023, Wikus fulfilled various senior executive roles within the Sanlam Group which include among others his appointment as Acting Chief Financial Officer of Sanlam Limited and Sanlam Life Insurance Limited in 2018, whereafter he assumed the role as Sanlam's Group Executive: Corporate Strategy. His new appointment as Santam's Finance Director and Chief Financial Officer was approved by the Santam Board and the Prudential Authority (PA).
Upcoming Dividend • Mar 15Upcoming dividend of R8.45 per share at 4.8% yieldEligible shareholders must have bought the stock before 22 March 2023. Payment date: 27 March 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.8%. Lower than top quartile of Namibian dividend payers (13%). In line with average of industry peers (5.3%).
Reported Earnings • Mar 03Full year 2022 earnings released: EPS: R18.16 (vs R24.91 in FY 2021)Full year 2022 results: EPS: R18.16 (down from R24.91 in FY 2021). Revenue: R32.4b (up 6.2% from FY 2021). Net income: R2.00b (down 27% from FY 2021). Profit margin: 6.2% (down from 9.0% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02Santam Appoints Gugu Mtetwa as New Executive Head of Strategy and Investor RelationsSantam has appointed Gugu Mtetwa as the company's executive head of strategy and investor relations, with effect from 1 February 2023. Mtetwa is a qualified chartered accountant and holds a Masters degree in Finance from the University of London. She joins Santam from Allan Gray where she fulfilled the role of executive: institutional clients operations. Mtetwa was an audit partner at PwC from 2008 until 2014. She has 20 years of experience in financial services, telecommunications and professional services, and she has extensive knowledge of the insurance and investment management industries. Mtetwa previously served as an independent non-executive director of Santam. She has also served on the boards of Equites Properties and Sasfin Bank. Mtetwa's appointment is key to the delivery of company's refreshed strategy, which is aimed at driving growth and remaining relevant to the changing needs of company's customers. She brings to her role a finite understanding of Santam and a skillset that will enhance the sharpening of company's strategy and operating model.
お知らせ • Dec 01Santam Ltd to Report Fiscal Year 2022 Results on Mar 02, 2023Santam Ltd announced that they will report fiscal year 2022 results on Mar 02, 2023
Board Change • Nov 16High number of new directorsThere are 8 new directors who have joined the board in the last 3 years. CEO & Executive Director Tava Madzinga was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 14Upcoming dividend of R4.62 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 60% and the cash payout ratio is 89%. Trailing yield: 6.4%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (5.0%).
Reported Earnings • Sep 02First half 2022 earnings released: EPS: R4.25 (vs R8.63 in 1H 2021)First half 2022 results: EPS: R4.25 (down from R8.63 in 1H 2021). Revenue: R15.0b (flat on 1H 2021). Net income: R479.0m (down 50% from 1H 2021). Profit margin: 3.2% (down from 6.4% in 1H 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
お知らせ • Jun 08Santam Ltd (JSE:SNT) acquired remaining 49% stake in JaSure Financial Services (Pty) Ltd.Santam Ltd (JSE:SNT) acquired remaining 49% stake in JaSure Financial Services (Pty) Ltd on June 7, 2022. Santam Ltd (JSE:SNT) completed the acquisition of remaining 49% stake in JaSure Financial Services (Pty) Ltd on June 7, 2022.
お知らせ • Jun 02Santam Ltd to Report First Half, 2022 Results on Sep 01, 2022Santam Ltd announced that they will report first half, 2022 results on Sep 01, 2022
お知らせ • Apr 27Santam Ltd Appoints Ruwaida Eksteen as Company Secretary with Effect from 1 July 2022Santam Ltd. announced that Ms. Ruwaida Eksteen ("Ruwaida") has been appointed as Company Secretary of Santam with effect from 1 July 2022. Ruwaida has been appointed pursuant to section 84(4)(a) of the Companies Act, No. 71 of 2008, following the resignation of the previous company secretary. Ruwaida holds a BCom (Law) Degree, LLB and a Master's Degree in Development Finance from the University of Stellenbosch. She joins Santam from Sanlam Limited, where she serves as Deputy Company Secretary since August 2018. Ruwaida has also previously served in various risk, governance, compliance and legal roles in the JSE-listed environment before joining Sanlam.
Upcoming Dividend • Mar 16Upcoming dividend of R15.90 per shareEligible shareholders must have bought the stock before 23 March 2022. Payment date: 28 March 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 5.5%. Lower than top quartile of Namibian dividend payers (10%). Higher than average of industry peers (3.6%).
Reported Earnings • Mar 04Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: R24.91 (up from R4.91 in FY 2020). Revenue: R30.8b (up 8.9% from FY 2020). Net income: R2.75b (up 407% from FY 2020). Profit margin: 8.9% (up from 1.9% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 04+ 1 more updateSantam Ltd Declares Special Dividend for the Year Ended December 31, 2021, Payable on 28 March 2022Santam Ltd. announced that board has declared a gross final dividend of 790.00 cents per share and a gross special dividend of 800.00 cents per share, 632.00 cents and 640.00 cents net of dividend withholding taxation respectively, where applicable, per ordinary share for the year ended 31 December 2021 to those members registered on the record date, being 25 March 2022. The dividend has been declared from income reserves. Last day to trade cum dividend is 22 March 2022, Shares trade ex dividend is 23 March 2022, Payment date is 28 March 2022.
お知らせ • Feb 19Santam Ltd Provides Earnings Guidance for the Year Ended December 31, 2021Santam Ltd. provided earnings guidance for the year ended December 31, 2021. The company expects EPS to be in the range of 2,246 cents per share to 2,744 cents per share and HEPS to be in the range of 2,246 cents per share to 2,744 cents per share.
Reported Earnings • Sep 06First half 2021 earnings released: EPS R8.63 (vs R0.24 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: R14.9b (up 12% from 1H 2020). Net income: R952.0m (up R926.0m from 1H 2020). Profit margin: 6.4% (up from 0.2% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 26Santam Ltd Provides Earnings Guidance for the Six Months Ended June 30, 2021Santam Ltd. provided earnings guidance for the six months ended June 30, 2021. For the six months, the company expects EPS to be in the range of 928 Cents per share to 796 Cents per share compared to 24 Cents per share a year ago.
Executive Departure • Jun 10Company Secretary Masood Allie has left the companyOn the 8th of June, Masood Allie's tenure as Company Secretary ended after 10.4 years in the role. We don't have any record of a personal shareholding under Masood's name. A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.
Executive Departure • Jun 04Independent Non-Executive Director Bruce Campbell has left the companyOn the 2nd of June, Bruce Campbell's tenure as Independent Non-Executive Director ended after 10.7 years in the role. As of March 2021, Bruce still personally held 8.37k shares (R2.2m worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.
Executive Departure • Jun 04Independent Non-executive Chairman Vusumuzi Khanyile has left the companyOn the 2nd of June, Vusumuzi Khanyile's tenure as Independent Non-executive Chairman ended after 2.9 years in the role. As of March 2021, Vusumuzi still personally held only 200.00 shares (R54k worth at the time). A total of 4 executives have left over the last 12 months. The current median tenure of the management team is 8.75 years.
お知らせ • Mar 18+ 1 more updateSantam Ltd Announces Executive ChangesIn compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, the board of directors of Santam hereby notifies shareholders that Messrs Vusi Khanyile (Vusi) and Bruce Campbell (Bruce) will retire as non-executive directors at the company's AGM on 2 June 2021 in terms of the provisions of the company's Memorandum of Incorporation relating to the retirement age of directors. Vusi has been a member of the board since April 2018. He served as Chairman of the board, a member of the Human Resources and Remunerations Committee and as Chair of the Nominations Committee. Bruce has been a director of Santam since October 2010 and has served on the Audit and Risk Committees and Social, Ethics and Sustainability Committee. Shareholders are advised that Masood Allie (Masood) has resigned as company secretary of Santam, with effect from 8 June 2021, to pursue another career opportunity. Santam has commenced a process of identifying Masood's successor and shareholders will be advised of the appointment of a new company secretary in due course.
お知らせ • Mar 05Santam Ltd Declares No Final Dividend for the Year Ended 31 December 2020Santam Ltd. announced that no final dividend will be declared for the year ended 31 December 2020.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS R4.91 (vs R19.90 in FY 2019)The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: R28.4b (flat on FY 2019). Net income: R542.0m (down 75% from FY 2019). Profit margin: 1.9% (down from 7.8% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Dec 03Santam Ltd to Report Fiscal Year 2020 Results on Mar 04, 2021Santam Ltd announced that they will report fiscal year 2020 results on Mar 04, 2021
お知らせ • Nov 21Santam Announces Ma-Afrika Western Cape High Court JudgmentSantam has taken note of the judgement against the Company, delivered on Tuesday 17 November by the Western Cape High Court, in the matter between Santam and Ma-Afrika Hotels (Pty) Ltd. and Stellenbosch Kitchen (Pty) Ltd, relating to policies with Contingent Business Interruption (CBI) infectious disease extensions (the Ma-Afrika judgement). The detailed and complex nature of the Ma-Afrika judgement, as well as its implications, require careful consideration. The company have discussed the implications of the judgement with lead reinsurers and key stakeholders to arrive at a comprehensive response. The Ma-Afrika judgement refers to both the Café Chameleon vs Guardrisk matter as well as the Financial Conduct Authority (FCA) judgements in the United Kingdom. These judgements have been taken on appeal with final judgements expected by late 2020 or early in 2021. Santam believes that the Western Cape High Court erred in its judgement regarding causation and the insured peril, the trends clause and the indemnity period, and is therefore seeking leave to appeal to a higher court. Santam is of the view that its catastrophe reinsurance will limit the net cost of contingent business interruption claims. However, the extent of the reinsurance recoveries will ultimately depend on the response of reinsurers to the outcome of the legal process. Following the Ma-Afrika judgement, Santam has increased its net CBI claims provision by R1.7 billion in addition to the R1.3 billion that was raised in June 2020. The increase in the provision is mainly due to the Ma-Afrika judgement in favour of the insureds and the different view taken by the court regarding the indemnity period applicable to the CBI extension. Santam's view is that the indemnity period is limited to three months. The court, however, found that the indemnity period is eighteen months in this particular matter. The potential outcome of an appeal against the Ma-Afrika judgement, including other relevant court rulings on these and other Santam policy wordings may materially impact Santam's assessment of the estimated net CBI claims. This could result in significantly higher or lower actual claims. Also, the inherent complexity of business interruption claims, as well as bespoke policy wordings for corporate clients, require significant assumptions to be applied to determine the best estimate net CBI claims provisions. The overall financial impact of Santam's CBI exposures will therefore take some time to finalise. The Company will continue to update the market on changes to its best estimate of CBI claims provisions as more information becomes available. During August 2020 R1 billion of the R1.3 billion CBI provision raised in June 2020 was paid out in the form of relief payments to mainly small and medium-sized commercial policyholders in the hospitality, leisure and non-essential retail services industries that have the CBI cover extension and suffered a loss due to the national lockdown. These payments will be considered advance payments against any finally determined claims, if the courts ultimately rule in favour of the insureds. Should the courts rule in favour of Santam, then the amounts paid will be considered relief payments and will not be recovered from the insureds. Santam will continue to communicate regularly through intermediaries to update clients on the status of individual claims, especially those impacted by the Ma-Afrika judgement. Santam is committed to paying claims as quickly as possible as and when legal processes are concluded. Underwriting results for the Santam Conventional insurance business continued to benefit from lower claims frequency during the third quarter of 2020. The economic capital coverage ratio of the Group as at 31 October 2020, including the additional net CBI claims provisions of R1.7 billion, remains at the bottom end of the target range of 150% to 170%.
お知らせ • Nov 18Santam Ltd Appoints Abigail Muelelwa Mukhuba as Non-Executive DirectorSantam Ltd. announced that Ms Abigail Muelelwa Mukhuba has been appointed as a non-executive director to the board, effective 16 November 2020. Abigail will serve on the Company's Risk and Investment Committees. Santam confirms that the appointment of Abigail was done in accordance with the Company's policy for the selection and appointment of directors. Abigail is currently the Finance Director of Sanlam Limited.
Valuation Update With 7 Day Price Move • Nov 10Market bids up stock over the past weekAfter last week's 17% share price gain to R288, the stock is trading at a trailing P/E ratio of 28.1x, up from the previous P/E ratio of 24.1x. This compares to an average P/E of 7x in the Insurance industry in Africa. Total returns to shareholders over the past three years are 27%.
Is New 90 Day High Low • Nov 06New 90-day high: R269The company is up 7.0% from its price of R251 on 07 August 2020. The Namibian market is down 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is down 7.0% over the same period.
お知らせ • Oct 29Santam Ltd Appoints Hendrik Nel as Debt OfficerSantam Ltd. announced that Mr. Hendrik Nel, in his capacity as the Chief Financial Officer of Santam, has been appointed as the debt officer of the Company with effect from 27 October 2020.
Is New 90 Day High Low • Sep 24New 90-day low: R234The company is down 13% from its price of R270 on 26 June 2020. The Namibian market is down 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is down 5.0% over the same period.