Reported Earnings • May 29
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: R35.38 (down from R41.30 in FY 2021). Revenue: R7.41b (up R6.24b from FY 2021). Net income: R7.41b (down 17% from FY 2021). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 9.2%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 27
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: R35.38 (down from R41.30 in FY 2021). Revenue: R7.45b (up R6.29b from FY 2021). Net income: R7.41b (down 17% from FY 2021). Profit margin: 99% (down from 764% in FY 2021). The decrease in margin was primarily driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 9.2%. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 8 highly experienced directors. Independent Non-Executive Director A. Hlobo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. お知らせ • Apr 18
PSG Group Ltd to Report Fiscal Year 2022 Results on Apr 25, 2022 PSG Group Ltd announced that they will report fiscal year 2022 results on Apr 25, 2022 Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 18% share price gain to R97.44, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 8x in the Industrials industry in South Africa. Total returns to shareholders of 83% over the past three years. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Independent Non-Executive Director A. Hlobo was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 16
First half 2022 earnings released: EPS R18.05 (vs R21.94 in 1H 2021) The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2022 results: Revenue: R3.85b (down 219% from 1H 2021). Net income: R3.78b (down 21% from 1H 2021). Profit margin: 98% (up from net loss in 1H 2021). The move to profitability was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. お知らせ • Jan 26
Clients Of Allan Gray Proprietary Limited acquired an unknown stake in PSG Group Ltd (JSE:PSG). Clients Of Allan Gray Proprietary Limited acquired an unknown stake in PSG Group Ltd (JSE:PSG) on January 25, 2021. All clients of Allan Gray now own 5.06%.
Clients Of Allan Gray Proprietary Limited completed the acquisition of an unknown stake in PSG Group Ltd (JSE:PSG) on January 25, 2021. Is New 90 Day High Low • Jan 20
New 90-day high: R63.00 The company is up 20% from its price of R52.63 on 22 October 2020. The South African market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Industrials industry, which is up 21% over the same period. Is New 90 Day High Low • Dec 16
New 90-day high: R59.04 The company is up 32% from its price of R44.59 on 16 September 2020. The South African market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Industrials industry, which is up 19% over the same period. Recent Insider Transactions • Dec 05
Non-Executive Director recently bought R1.1m worth of stock On the 1st of December, Johannes Mouton bought around 20k shares on-market at roughly R56.54 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought R2.5m more in shares than they have sold in the last 12 months. Upcoming Dividend • Oct 28
Upcoming Dividend of R1.64 Per Share Will be paid on the 9th of November to those who are registered shareholders by the 4th of November. The trailing yield of 4.3% is below the top quartile of South African dividend payers (10%), and is lower than industry peers (5.0%). 
