View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMultiChoice Group 過去の業績過去 基準チェック /26MultiChoice Groupの収益は年間平均-52.1%の割合で減少していますが、 Media業界の収益は年間 増加しています。収益は年間13.5% 0.9%割合で 増加しています。 MultiChoice Groupの自己資本利益率は111.1%であり、純利益率は2.4%です。主要情報-52.10%収益成長率-52.10%EPS成長率Media 業界の成長9.42%収益成長率0.91%株主資本利益率111.11%ネット・マージン2.35%前回の決算情報31 Mar 2025最近の業績更新Reported Earnings • Jun 12Full year 2025 earnings released: EPS: R2.79 (vs R9.35 loss in FY 2024)Full year 2025 results: EPS: R2.79 (up from R9.35 loss in FY 2024). Revenue: R50.8b (down 9.3% from FY 2024). Net income: R1.19b (up R5.17b from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Global Media industry. Over the last 3 years on average, earnings per share has fallen by 30% 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 • May 21MultiChoice Group Limited to Report Fiscal Year 2025 Results on Jun 11, 2025MultiChoice Group Limited announced that they will report fiscal year 2025 results at 1:00 PM, South Africa Standard Time on Jun 11, 2025Reported Earnings • Nov 15First half 2025 earnings released: R4.21 loss per share (vs R3.10 loss in 1H 2024)First half 2025 results: R4.21 loss per share (further deteriorated from R3.10 loss in 1H 2024). Revenue: R25.4b (down 10% from 1H 2024). Net loss: R1.80b (loss widened 36% from 1H 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.お知らせ • Jul 04MultiChoice Group Limited to Report First Half, 2025 Results on Nov 12, 2024MultiChoice Group Limited announced that they will report first half, 2025 results on Nov 12, 2024Reported Earnings • Jun 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: R9.35 loss per share (further deteriorated from R8.15 loss in FY 2023). Revenue: R56.0b (down 5.4% from FY 2023). Net loss: R3.97b (loss widened 14% from FY 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • May 24MultiChoice Group Limited to Report Fiscal Year 2024 Results on Jun 12, 2024MultiChoice Group Limited announced that they will report fiscal year 2024 results at 7:00 AM, Eastern Standard Time on Jun 12, 2024すべての更新を表示Recent updatesお知らせ • Oct 16+ 1 more updateMultiChoice Group Limited(JSE:MCG) dropped from FTSE All-World Index (USD)MultiChoice Group Limited(JSE:MCG) dropped from FTSE All-World Index (USD)お知らせ • Oct 07Multichoice Entity LicenceCo Announces Executive and Board AppointmentsFormer Independent Communications Authority of South Africa (ICASA) CEO and MTN executive, Willington Ngwepe, has been appointed as CEO of the newly-created LicenceCo, the holder of South Africa's subscription broadcasting licence for DStv. The company also announced the appointment of its board of directors 06 October 2025. The company announced that as part of the merger between Canal+ and MultiChoice Group, and in compliance with the Electronic Communications Act, LicenceCo has been established as a distinct and independent entity, separate from MultiChoice Group. In line with this development, LicenceCo has announced the appointment of its board of directors, which will provide strategic oversight and governance for the newly-formed company. The board comprises Dr Sizeka Magwentshu-Rensburg, who will serve as chair; Sonja de Bruyn (nominated by IPIC), David Mignot (nominated by MultiChoice Group), Lerato Pule (nominated by Phuthuma Nathi as its interim representative), and Calvo Mawela (nominated by MultiChoice Group). Furthermore, former Telkom CEO Sipho Maseko has been appointed as a board observer in accordance with the shareholders agreement, representing 13th Avenue. It adds that Ngwepe has been appointed as CEO of MultiChoice (LicenceCo), effective 1 October. According to the company, Ngwepe brings extensive executive leadership and regulatory experience to the role. His most recent role was executive head of regulatory affairs at MultiChoice Group, where he played a central role in guiding the company's engagement with regulatory authorities, including the approvals process for the Canal+ transaction across Africa, it says. Prior to joining MultiChoice in July 2024, Ngwepe was chief of staff to the group president and CEO at MTN Group. He is also most widely recognised for his tenure at ICASA, where he served for eight years, including as CEO. Among his most notable achievements at ICASA, was leading the successful auction of high-demand spectrum — a milestone that accelerated 5G rollout in South Africa.Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive Chair Maxime Saada was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Sep 22+ 3 more updatesMultiChoice Group Limited Announces Chief Executive Officer Changes, Effective 22 September 2025MultiChoice Group Limited announced that with effect from 22 September 2025, David Mignot will respectively be CEO of the Canal+ African operations, which includes MCG. These operations across the African continent will be chaired by Calvo Mawela, the outgoing CEO of MCG.お知らせ • Sep 03UBS Group AG (SWX:UBSG) acquired an unknown minority stake in MultiChoice Group Limited (JSE:MCG).UBS Group AG (SWX:UBSG) acquired an unknown minority stake in MultiChoice Group Limited (JSE:MCG) on September 3, 2025. UBS now holds 6.10% of MultiChoice Group’s total ordinary shares in issue. UBS Group AG (SWX:UBSG) completed the acquisition of an unknown minority stake in MultiChoice Group Limited (JSE:MCG) on September 3, 2025.お知らせ • Aug 27Multichoice Group Limited Approves Appointment of Social and Ethics Committee MembersMultiChoice Group Limited announced that at its AGM held on 27 August 2025 appointment of social and ethics committee members, which includes Christine Mideva, Sabwa, who serves as the chair of the committee, Calvo Phedi Mawela, Kgomotso Ditsebe, Moroka, Timothy Neil Jacobs, and Dr. Fatai Adegboyega Sanusi.お知らせ • Jun 13MultiChoice Group Limited, Annual General Meeting, Aug 26, 2025MultiChoice Group Limited, Annual General Meeting, Aug 26, 2025.New Risk • Jun 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results.Reported Earnings • Jun 12Full year 2025 earnings released: EPS: R2.79 (vs R9.35 loss in FY 2024)Full year 2025 results: EPS: R2.79 (up from R9.35 loss in FY 2024). Revenue: R50.8b (down 9.3% from FY 2024). Net income: R1.19b (up R5.17b from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Global Media industry. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Jun 06MultiChoice Group Limited Provides Group Earnings Guidance for the Year Ended 31 March 2025MultiChoice Group Limited provided group earnings guidance for the year ended 31 March 2025. For the period, the company expects earnings per share to be in the range of +1,197 cents to +1,234 cents.New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-R2.7b). Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).お知らせ • May 21MultiChoice Group Limited to Report Fiscal Year 2025 Results on Jun 11, 2025MultiChoice Group Limited announced that they will report fiscal year 2025 results at 1:00 PM, South Africa Standard Time on Jun 11, 2025Price Target Changed • Mar 24Price target increased by 7.8% to R125Up from R116, the current price target is provided by 1 analyst. New target price is 14% above last closing price of R109. Stock is down 2.0% over the past year. The company posted a net loss per share of R9.35 last year.New Risk • Mar 24New major risk - Revenue and earnings growthEarnings have declined by 62% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 62% per year over the past 5 years. Minor Risk Negative equity (-R2.7b).Price Target Changed • Jan 23Price target decreased by 10.0% to R109Down from R121, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R112. The company posted a net loss per share of R9.35 last year.Reported Earnings • Nov 15First half 2025 earnings released: R4.21 loss per share (vs R3.10 loss in 1H 2024)First half 2025 results: R4.21 loss per share (further deteriorated from R3.10 loss in 1H 2024). Revenue: R25.4b (down 10% from 1H 2024). Net loss: R1.80b (loss widened 36% from 1H 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.New Risk • Nov 13New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -R2.7b This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Aug 23Now 20% overvaluedOver the last 90 days, the stock has fallen 3.3% to R112. The fair value is estimated to be R93.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Meanwhile, the company became loss making.お知らせ • Jul 04MultiChoice Group Limited to Report First Half, 2025 Results on Nov 12, 2024MultiChoice Group Limited announced that they will report first half, 2025 results on Nov 12, 2024お知らせ • Jun 15MultiChoice Group Limited, Annual General Meeting, Aug 27, 2024MultiChoice Group Limited, Annual General Meeting, Aug 27, 2024.Reported Earnings • Jun 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: R9.35 loss per share (further deteriorated from R8.15 loss in FY 2023). Revenue: R56.0b (down 5.4% from FY 2023). Net loss: R3.97b (loss widened 14% from FY 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • May 24MultiChoice Group Limited to Report Fiscal Year 2024 Results on Jun 12, 2024MultiChoice Group Limited announced that they will report fiscal year 2024 results at 7:00 AM, Eastern Standard Time on Jun 12, 2024Price Target Changed • May 05Price target increased by 38% to R121Up from R87.25, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of R119. Stock is up 8.1% over the past year. The company is forecast to post a net loss per share of R2.36 next year compared to a net loss per share of R8.15 last year.お知らせ • Feb 07CANAL + SA cancelled the acquisition of remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG).CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for ZAR 30.4 billion on February 1, 2024. The offer price per share is ZAR 105. CANAL + SA cancelled the acquisition of remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) on February 5, 2024. The transaction was cancelled because after careful consideration, the Board has concluded that the proposed offer price of ZAR 105 in cash significantly undervalues the Group and its future prospects. Morgan Stanley South Africa (Proprietary) Limited acted as a financial advisor to MultiChoice Group Limited.Price Target Changed • Feb 02Price target decreased by 16% to R87.25Down from R104, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R90.30. The company is forecast to post a net loss per share of R2.36 next year compared to a net loss per share of R8.15 last year.New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.9% 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.お知らせ • Feb 01CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for for ZAR 30.4 billion.CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for ZAR 30.4 billion on February 1, 2024. The offer price per share is ZAR is 105.お知らせ • Jan 19MultiChoice Appoints Andrea Zappia as Chairman of ShowmaxMultichoice Group has appointed former Sky executive Andrea Zappia as the Chairman of its streaming platform Showmax. Zappia, a seasoned executive, played a pivotal role in shaping Sky Italia since joining in 2003, particularly after the acquisition of Telepiu. His leadership journey at Sky includes serving as CEO of Sky Italia in 2011 and later expanding his role in 2018 to Chief Executive Officer, Continental Europe, overseeing Sky's operations in Italy, Germany, Austria, and Switzerland. In 2020, he assumed the position of Sky's Executive Vice President and Chief Executive Officer, New Markets and Businesses. Zappia's career trajectory includes early roles at multinational company Procter & Gamble, followed by significant positions such as Global Sales and Marketing Director for Ferrari and Maserati and Vice President of Marketing and Product Development worldwide at Fila before joining Sky.Reported Earnings • Nov 17First half 2024 earnings released: R3.10 loss per share (vs R0.60 loss in 1H 2023)First half 2024 results: R3.10 loss per share (further deteriorated from R0.60 loss in 1H 2023). Revenue: R28.3b (down 1.1% from 1H 2023). Net loss: R1.32b (loss widened 412% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.お知らせ • Nov 17MultiChoice Group Limited Announces Remuneration Committee ChangesMultiChoice Group Limited announced Mr. Jim Volkwyn has decided to step down as chair of the MultiChoice remuneration committee with effect from 31 March 2024. He will remain a member of the remuneration committee. Shareholders are advised that Ms Deborah (Debbie) Klein has been appointed as chair of the Company's remuneration committee with effect from 1 April 2024. Debbie Klein, a current member of the remuneration committee, is a seasoned human resources practitioner with extensive knowledge in rewards, remuneration bench-marking, and other related human resources business, thus making her the most suitable candidate for the role.お知らせ • Nov 09MultiChoice Group Limited Announces Changes to the Board of DirectorsMultiChoice Group Limited announced that Mr. Imtiaz Patel, the Chair of the board of directors (‘Board’), will be stepping down from the Board with effect from 31 March 2024. Mr. Patel will be replaced as Chair by Mr. Elias Masilela, a long-standing independent member of the Board, with effect from 1 April 2024. Mr. Patel is currently serving as a non-independent non-executive Chair. Given shareholder preference for an independent Chair, it was always envisaged that Mr. Patel would step down at the appropriate time once a suitable replacement as independent Chair had been identified. Mr. Masilela is an excellent and experienced successor. He is also the Chair of the board of Sanlam and is a former board member of the South African Reserve Bank and Government Employee Pension Fund. The Group has ensured that Mr. Patel's institutional knowledge and valuable relationships will not be lost to it. He will remain involved in assisting the Group on a consultancy basis until October 2028. His involvement will include Showmax, SuperSport and other operational areas.お知らせ • Nov 01MultiChoice Group Limited to Report First Half, 2024 Results on Nov 15, 2023MultiChoice Group Limited announced that they will report first half, 2024 results on Nov 15, 2023お知らせ • Sep 13MultiChoice Group Limited Announces Board ChangesMultiChoice Group Limited announced that Mr. Imtiaz Patel, the Chair of the board of directors, will be stepping down from the Board with effect from 31 March 2024. Mr. Patel will be replaced as Chair by Mr. Elias Masilela, a long-standing independent member of the Board, with effect from 1 April 2024. Mr. Patel is currently serving as a non-independent non-executive Chair. Given shareholder preference for an independent Chair, it was always envisaged that Mr. Patel would step down at the appropriate time once a suitable replacement as independent Chair had been identified. Mr. Masilela is an excellent and experienced successor. He is also the Chair of the board of Sanlam and is a former board member of the South African Reserve Bank and Government Employee Pension Fund. The Group has ensured that Mr. Patel's institutional knowledge and valuable relationships will not be lost to it. He will remain involved in assisting the Group on a consultancy basis until October 2028. His involvement will include Showmax, SuperSport and other operational areas.お知らせ • Aug 25MultiChoice Group Limited Announces Executive AppointmentsMultiChoice Group Limited announced the appointments of Mr. Andrea Zappia and Ms Deborah Klein as independent non-executive directors of the Company with effect from 1 September 2023 were approved at the abovementioned AGM. Shareholders are further advised that Ms Deborah Klein will also be appointed as a member of the Company's remuneration committee with effect from 1 September 2023.お知らせ • Aug 06MultiChoice Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023MultiChoice Group Limited provided earnings guidance for the year ended 31 March 2023. For the period, the company announced that Trading profit is expected to be between 0% and 5% (ZAR0.5bn) lower than the ZAR 10.3bn reported for the year ended 31 March 2022. Compared to Fiscal year 2022, the Group expects earnings per share for Fiscal year 2023 to be between 1,126 ZAR cents and 1,142 ZAR cents lower (>100%) than the Fiscal year 2022 reported earnings per share of 318 ZAR cents.お知らせ • Jul 01MultiChoice Group Limited, Annual General Meeting, Aug 24, 2023MultiChoice Group Limited, Annual General Meeting, Aug 24, 2023, at 11:00 South Africa Standard Time. Location: 144 Bram Fischer Drive Randburg South Africa Agenda: To consider and, if deemed fit, to pass with or without modification all the ordinary and special resolutions set out in the notice of AGM which forms part of the MultiChoice summarised consolidated financial statements and notice of AGM booklet (the AGM booklet) distributed to shareholders today.Reported Earnings • Jun 14Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: R8.15 loss per share (down from R3.18 profit in FY 2022). Revenue: R59.1b (up 7.1% from FY 2022). Net loss: R3.48b (down 356% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.お知らせ • May 30MultiChoice Group Limited to Report Fiscal Year 2023 Results on Jun 13, 2023MultiChoice Group Limited announced that they will report fiscal year 2023 results at 1:00 PM, South Africa Standard Time on Jun 13, 2023Price Target Changed • Apr 06Price target decreased by 11% to R128Down from R143, the current price target is an average from 3 analysts. New target price is 9.0% above last closing price of R117. Stock is down 12% over the past year. The company is forecast to post earnings per share of R3.16 for next year compared to R3.18 last year.Buying Opportunity • Mar 14Now 26% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be R162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.Recent Insider Transactions • Mar 12Non-Executive Chair recently sold R7.6m worth of stockOn the 6th of March, Mohamed Imtiaz Patel sold around 53k shares on-market at roughly R144 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mohamed Imtiaz's only on-market trade for the last 12 months.Major Estimate Revision • Nov 20Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from R57.7b to R58.9b. EPS estimate fell from R8.95 to R6.53 per share. Net income forecast to shrink 13% next year vs 8.7% growth forecast for Media industry in South Africa . Consensus price target down from R141 to R137. Share price fell 2.4% to R118 over the past week.Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Non-Executive Director James Du Preez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Aug 31Upcoming dividend of R5.65 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 12 September 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Lower than top quartile of South African dividend payers (8.9%). In line with average of industry peers (5.2%).分析記事 • Aug 25These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably WellHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Aug 08MultiChoice Group's (JSE:MCG) Dividend Will Be ZAR5.65The board of MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend on the 12th of September...Board Change • Aug 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Non-Executive Director James Du Preez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.分析記事 • Jul 15MultiChoice Group (JSE:MCG) Will Pay A Dividend Of ZAR5.65The board of MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend of ZAR5.65 per share on...分析記事 • Jul 01MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65MultiChoice Group Limited's ( JSE:MCG ) investors are due to receive a payment of R5.65 per share on 12th of September...分析記事 • Jun 30We Like MultiChoice Group's (JSE:MCG) Returns And Here's How They're TrendingThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...分析記事 • Jun 12MultiChoice Group's (JSE:MCG) Dividend Will Be R5.65MultiChoice Group Limited ( JSE:MCG ) will pay a dividend of R5.65 on the 12th of September. The dividend yield will be...Reported Earnings • Jun 10Full year 2022 earnings released: EPS: R318 (vs R5.06 in FY 2021)Full year 2022 results: EPS: R318. Revenue: R55.2b (up 3.6% from FY 2021). Net income: R1.36b (down 37% from FY 2021). Profit margin: 2.5% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.6%, compared to a 5.4% growth forecast for the industry in South Africa.分析記事 • May 03Is MultiChoice Group Limited (JSE:MCG) Trading At A 41% Discount?How far off is MultiChoice Group Limited ( JSE:MCG ) from its intrinsic value? Using the most recent financial data...分析記事 • Jan 25Is MultiChoice Group Limited (JSE:MCG) Trading At A 48% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of MultiChoice Group...分析記事 • Jan 09Investors Still Waiting For A Pull Back In MultiChoice Group Limited (JSE:MCG)MultiChoice Group Limited's ( JSE:MCG ) price-to-earnings (or "P/E") ratio of 47.9x might make it look like a strong...分析記事 • Dec 18These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Major Estimate Revision • Dec 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from R9.25 to R8.26 per share. Revenue forecast steady at R55.2b. Net income forecast to grow 301% next year vs 12% growth forecast for Media industry in South Africa. Consensus price target of R142 unchanged from last update. Share price was steady at R125 over the past week.Executive Departure • Dec 03Non-Executive Director Francis Lehlohonolo Letele has left the companyOn the 1st of December, Francis Lehlohonolo Letele's tenure as Non-Executive Director ended after 3.0 years in the role. As of September 2021, Francis Lehlohonolo still personally held 88.84k shares (R10m worth at the time). A total of 3 executives have left over the last 12 months.分析記事 • Oct 10Return Trends At MultiChoice Group (JSE:MCG) Aren't AppealingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Upcoming Dividend • Sep 01Upcoming dividend of R5.65 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 13 September 2021. Trailing yield: 4.9%. Lower than top quartile of South African dividend payers (7.7%). In line with average of industry peers (5.1%).分析記事 • Aug 26MultiChoice Group (JSE:MCG) Will Pay A Dividend Of R5.65MultiChoice Group Limited ( JSE:MCG ) will pay a dividend of R5.65 on the 13th of September. The dividend yield will be...分析記事 • Jul 07MultiChoice Group (JSE:MCG) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Executive Departure • Jun 19Lead Independent Director Jabulane Mabuza has left the companyOn the 16th of June, Jabulane Mabuza's tenure as Lead Independent Director ended. We don't have any record of a personal shareholding under Jabulane's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.分析記事 • Jun 17The Strong Earnings Posted By MultiChoice Group (JSE:MCG) Are A Good Indication Of The Strength Of The BusinessEven though MultiChoice Group Limited's ( JSE:MCG ) recent earnings release was robust, the market didn't seem to...分析記事 • Jun 13MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend of R5.65 per share on the 13th of...Reported Earnings • Jun 13Full year 2021 earnings released: EPS R506 (vs R1.17 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R53.3b (up 3.8% from FY 2020). Net income: R2.16b (up 326% from FY 2020). Profit margin: 4.1% (up from 1.0% in FY 2020).分析記事 • Apr 19Under The Bonnet, MultiChoice Group's (JSE:MCG) Returns Look ImpressiveIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Mar 28Does MultiChoice Group Limited (JSE:MCG) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at MultiChoice Group Limited ( JSE:MCG ) from a dividend investor's perspective. Owning...Is New 90 Day High Low • Feb 24New 90-day low: R124The company is down 6.0% from its price of R132 on 26 November 2020. The South African market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R176 per share.Is New 90 Day High Low • Jan 08New 90-day high: R140The company is up 19% from its price of R118 on 09 October 2020. The South African market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R168 per share.Is New 90 Day High Low • Oct 29New 90-day high: R139The company is up 30% from its price of R107 on 30 July 2020. The South African market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R145 per share.Is New 90 Day High Low • Oct 06New 90-day high: R112The company is up 5.0% from its price of R107 on 08 July 2020. The South African market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R140 per share.収支内訳MultiChoice Group 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JSE:MCG 収益、費用、利益 ( )ZAR Millions日付収益収益G+A経費研究開発費31 Mar 2550,7601,19416,677031 Dec 2451,908-1,62717,029030 Sep 2453,056-4,44917,381030 Jun 2454,512-4,21117,386031 Mar 2455,968-3,97417,391031 Dec 2357,395-4,25717,061030 Sep 2358,821-4,54116,731030 Jun 2358,981-4,00916,185031 Mar 2359,141-3,47815,639031 Dec 2258,082-1,86815,187030 Sep 2257,023-25814,734030 Jun 2256,13255014,404031 Mar 2255,2401,35814,074031 Dec 2154,6971,21514,452030 Sep 2154,1541,07214,830030 Jun 2153,7461,61715,015031 Mar 2153,3382,16115,200031 Dec 2052,5631,82415,218030 Sep 2051,7871,48715,236030 Jun 2051,58799714,991031 Mar 2051,38750714,746031 Dec 1951,178-814,294030 Sep 1950,968-52413,841030 Jun 1950,532-1,08413,669031 Mar 1950,095-1,64413,496031 Dec 1849,396-61013,533030 Sep 1848,69642313,569030 Jun 1848,07494013,314031 Mar 1847,4521,45613,058031 Mar 1747,708-2,43214,119031 Mar 1646,7972,75612,2740質の高い収益: MCGにはZAR4.2B } という大きな 一回限りの 利益があり、過去 12 か月の財務実績が31st March, 2025に影響を及ぼしています。利益率の向上: MCG過去に利益を上げました。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: MCG過去 5 年間で収益を上げており、収益は年間-52.1%増加しています。成長の加速: MCGは昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: MCG昨年収益を上げたため、昨年の収益成長をMedia業界 ( -11.7% ) と比較することは困難です。株主資本利益率高いROE: MCGの 自己資本利益率 ( 111.11% ) は 抜群 ですが、負債レベルが高いためこの指標は歪んでいます。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7D1Y7D1Y7D1YMedia 、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2025/12/11 22:28終値2025/10/24 00:00収益2025/03/31年間収益2025/03/31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MultiChoice Group Limited 2 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。5 アナリスト機関Michael SteereAvior Capital MarketsGerhard EngelbrechtMacquarie ResearchOmar SheikhMorgan Stanley2 その他のアナリストを表示
Reported Earnings • Jun 12Full year 2025 earnings released: EPS: R2.79 (vs R9.35 loss in FY 2024)Full year 2025 results: EPS: R2.79 (up from R9.35 loss in FY 2024). Revenue: R50.8b (down 9.3% from FY 2024). Net income: R1.19b (up R5.17b from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Global Media industry. Over the last 3 years on average, earnings per share has fallen by 30% 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 • May 21MultiChoice Group Limited to Report Fiscal Year 2025 Results on Jun 11, 2025MultiChoice Group Limited announced that they will report fiscal year 2025 results at 1:00 PM, South Africa Standard Time on Jun 11, 2025
Reported Earnings • Nov 15First half 2025 earnings released: R4.21 loss per share (vs R3.10 loss in 1H 2024)First half 2025 results: R4.21 loss per share (further deteriorated from R3.10 loss in 1H 2024). Revenue: R25.4b (down 10% from 1H 2024). Net loss: R1.80b (loss widened 36% from 1H 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 04MultiChoice Group Limited to Report First Half, 2025 Results on Nov 12, 2024MultiChoice Group Limited announced that they will report first half, 2025 results on Nov 12, 2024
Reported Earnings • Jun 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: R9.35 loss per share (further deteriorated from R8.15 loss in FY 2023). Revenue: R56.0b (down 5.4% from FY 2023). Net loss: R3.97b (loss widened 14% from FY 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • May 24MultiChoice Group Limited to Report Fiscal Year 2024 Results on Jun 12, 2024MultiChoice Group Limited announced that they will report fiscal year 2024 results at 7:00 AM, Eastern Standard Time on Jun 12, 2024
お知らせ • Oct 16+ 1 more updateMultiChoice Group Limited(JSE:MCG) dropped from FTSE All-World Index (USD)MultiChoice Group Limited(JSE:MCG) dropped from FTSE All-World Index (USD)
お知らせ • Oct 07Multichoice Entity LicenceCo Announces Executive and Board AppointmentsFormer Independent Communications Authority of South Africa (ICASA) CEO and MTN executive, Willington Ngwepe, has been appointed as CEO of the newly-created LicenceCo, the holder of South Africa's subscription broadcasting licence for DStv. The company also announced the appointment of its board of directors 06 October 2025. The company announced that as part of the merger between Canal+ and MultiChoice Group, and in compliance with the Electronic Communications Act, LicenceCo has been established as a distinct and independent entity, separate from MultiChoice Group. In line with this development, LicenceCo has announced the appointment of its board of directors, which will provide strategic oversight and governance for the newly-formed company. The board comprises Dr Sizeka Magwentshu-Rensburg, who will serve as chair; Sonja de Bruyn (nominated by IPIC), David Mignot (nominated by MultiChoice Group), Lerato Pule (nominated by Phuthuma Nathi as its interim representative), and Calvo Mawela (nominated by MultiChoice Group). Furthermore, former Telkom CEO Sipho Maseko has been appointed as a board observer in accordance with the shareholders agreement, representing 13th Avenue. It adds that Ngwepe has been appointed as CEO of MultiChoice (LicenceCo), effective 1 October. According to the company, Ngwepe brings extensive executive leadership and regulatory experience to the role. His most recent role was executive head of regulatory affairs at MultiChoice Group, where he played a central role in guiding the company's engagement with regulatory authorities, including the approvals process for the Canal+ transaction across Africa, it says. Prior to joining MultiChoice in July 2024, Ngwepe was chief of staff to the group president and CEO at MTN Group. He is also most widely recognised for his tenure at ICASA, where he served for eight years, including as CEO. Among his most notable achievements at ICASA, was leading the successful auction of high-demand spectrum — a milestone that accelerated 5G rollout in South Africa.
Board Change • Oct 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Executive Chair Maxime Saada was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 22+ 3 more updatesMultiChoice Group Limited Announces Chief Executive Officer Changes, Effective 22 September 2025MultiChoice Group Limited announced that with effect from 22 September 2025, David Mignot will respectively be CEO of the Canal+ African operations, which includes MCG. These operations across the African continent will be chaired by Calvo Mawela, the outgoing CEO of MCG.
お知らせ • Sep 03UBS Group AG (SWX:UBSG) acquired an unknown minority stake in MultiChoice Group Limited (JSE:MCG).UBS Group AG (SWX:UBSG) acquired an unknown minority stake in MultiChoice Group Limited (JSE:MCG) on September 3, 2025. UBS now holds 6.10% of MultiChoice Group’s total ordinary shares in issue. UBS Group AG (SWX:UBSG) completed the acquisition of an unknown minority stake in MultiChoice Group Limited (JSE:MCG) on September 3, 2025.
お知らせ • Aug 27Multichoice Group Limited Approves Appointment of Social and Ethics Committee MembersMultiChoice Group Limited announced that at its AGM held on 27 August 2025 appointment of social and ethics committee members, which includes Christine Mideva, Sabwa, who serves as the chair of the committee, Calvo Phedi Mawela, Kgomotso Ditsebe, Moroka, Timothy Neil Jacobs, and Dr. Fatai Adegboyega Sanusi.
お知らせ • Jun 13MultiChoice Group Limited, Annual General Meeting, Aug 26, 2025MultiChoice Group Limited, Annual General Meeting, Aug 26, 2025.
New Risk • Jun 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Large one-off items impacting financial results.
Reported Earnings • Jun 12Full year 2025 earnings released: EPS: R2.79 (vs R9.35 loss in FY 2024)Full year 2025 results: EPS: R2.79 (up from R9.35 loss in FY 2024). Revenue: R50.8b (down 9.3% from FY 2024). Net income: R1.19b (up R5.17b from FY 2024). Profit margin: 2.4% (up from net loss in FY 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Global Media industry. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Jun 06MultiChoice Group Limited Provides Group Earnings Guidance for the Year Ended 31 March 2025MultiChoice Group Limited provided group earnings guidance for the year ended 31 March 2025. For the period, the company expects earnings per share to be in the range of +1,197 cents to +1,234 cents.
New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Negative equity (-R2.7b). Latest financial reports are more than 6 months old (reported September 2024 fiscal period end).
お知らせ • May 21MultiChoice Group Limited to Report Fiscal Year 2025 Results on Jun 11, 2025MultiChoice Group Limited announced that they will report fiscal year 2025 results at 1:00 PM, South Africa Standard Time on Jun 11, 2025
Price Target Changed • Mar 24Price target increased by 7.8% to R125Up from R116, the current price target is provided by 1 analyst. New target price is 14% above last closing price of R109. Stock is down 2.0% over the past year. The company posted a net loss per share of R9.35 last year.
New Risk • Mar 24New major risk - Revenue and earnings growthEarnings have declined by 62% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 62% per year over the past 5 years. Minor Risk Negative equity (-R2.7b).
Price Target Changed • Jan 23Price target decreased by 10.0% to R109Down from R121, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R112. The company posted a net loss per share of R9.35 last year.
Reported Earnings • Nov 15First half 2025 earnings released: R4.21 loss per share (vs R3.10 loss in 1H 2024)First half 2025 results: R4.21 loss per share (further deteriorated from R3.10 loss in 1H 2024). Revenue: R25.4b (down 10% from 1H 2024). Net loss: R1.80b (loss widened 36% from 1H 2024). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
New Risk • Nov 13New minor risk - Negative shareholders equityThe company has negative equity. Total equity: -R2.7b This is considered a minor risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. It should be noted that some of the negative equity could be due to large buybacks of stock, which is not as much of a risk as a company with overwhelming debt, but likewise is not sustainable in the long-term. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Aug 23Now 20% overvaluedOver the last 90 days, the stock has fallen 3.3% to R112. The fair value is estimated to be R93.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Meanwhile, the company became loss making.
お知らせ • Jul 04MultiChoice Group Limited to Report First Half, 2025 Results on Nov 12, 2024MultiChoice Group Limited announced that they will report first half, 2025 results on Nov 12, 2024
お知らせ • Jun 15MultiChoice Group Limited, Annual General Meeting, Aug 27, 2024MultiChoice Group Limited, Annual General Meeting, Aug 27, 2024.
Reported Earnings • Jun 13Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: R9.35 loss per share (further deteriorated from R8.15 loss in FY 2023). Revenue: R56.0b (down 5.4% from FY 2023). Net loss: R3.97b (loss widened 14% from FY 2023). Revenue missed analyst estimates by 5.7%. Earnings per share (EPS) also missed analyst estimates significantly. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • May 24MultiChoice Group Limited to Report Fiscal Year 2024 Results on Jun 12, 2024MultiChoice Group Limited announced that they will report fiscal year 2024 results at 7:00 AM, Eastern Standard Time on Jun 12, 2024
Price Target Changed • May 05Price target increased by 38% to R121Up from R87.25, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of R119. Stock is up 8.1% over the past year. The company is forecast to post a net loss per share of R2.36 next year compared to a net loss per share of R8.15 last year.
お知らせ • Feb 07CANAL + SA cancelled the acquisition of remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG).CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for ZAR 30.4 billion on February 1, 2024. The offer price per share is ZAR 105. CANAL + SA cancelled the acquisition of remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) on February 5, 2024. The transaction was cancelled because after careful consideration, the Board has concluded that the proposed offer price of ZAR 105 in cash significantly undervalues the Group and its future prospects. Morgan Stanley South Africa (Proprietary) Limited acted as a financial advisor to MultiChoice Group Limited.
Price Target Changed • Feb 02Price target decreased by 16% to R87.25Down from R104, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of R90.30. The company is forecast to post a net loss per share of R2.36 next year compared to a net loss per share of R8.15 last year.
New Risk • Feb 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.9% 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.
お知らせ • Feb 01CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for for ZAR 30.4 billion.CANAL + SA made a non-binding intention to acquire remaining 68.24% stake in MultiChoice Group Limited (JSE:MCG) for ZAR 30.4 billion on February 1, 2024. The offer price per share is ZAR is 105.
お知らせ • Jan 19MultiChoice Appoints Andrea Zappia as Chairman of ShowmaxMultichoice Group has appointed former Sky executive Andrea Zappia as the Chairman of its streaming platform Showmax. Zappia, a seasoned executive, played a pivotal role in shaping Sky Italia since joining in 2003, particularly after the acquisition of Telepiu. His leadership journey at Sky includes serving as CEO of Sky Italia in 2011 and later expanding his role in 2018 to Chief Executive Officer, Continental Europe, overseeing Sky's operations in Italy, Germany, Austria, and Switzerland. In 2020, he assumed the position of Sky's Executive Vice President and Chief Executive Officer, New Markets and Businesses. Zappia's career trajectory includes early roles at multinational company Procter & Gamble, followed by significant positions such as Global Sales and Marketing Director for Ferrari and Maserati and Vice President of Marketing and Product Development worldwide at Fila before joining Sky.
Reported Earnings • Nov 17First half 2024 earnings released: R3.10 loss per share (vs R0.60 loss in 1H 2023)First half 2024 results: R3.10 loss per share (further deteriorated from R0.60 loss in 1H 2023). Revenue: R28.3b (down 1.1% from 1H 2023). Net loss: R1.32b (loss widened 412% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 17MultiChoice Group Limited Announces Remuneration Committee ChangesMultiChoice Group Limited announced Mr. Jim Volkwyn has decided to step down as chair of the MultiChoice remuneration committee with effect from 31 March 2024. He will remain a member of the remuneration committee. Shareholders are advised that Ms Deborah (Debbie) Klein has been appointed as chair of the Company's remuneration committee with effect from 1 April 2024. Debbie Klein, a current member of the remuneration committee, is a seasoned human resources practitioner with extensive knowledge in rewards, remuneration bench-marking, and other related human resources business, thus making her the most suitable candidate for the role.
お知らせ • Nov 09MultiChoice Group Limited Announces Changes to the Board of DirectorsMultiChoice Group Limited announced that Mr. Imtiaz Patel, the Chair of the board of directors (‘Board’), will be stepping down from the Board with effect from 31 March 2024. Mr. Patel will be replaced as Chair by Mr. Elias Masilela, a long-standing independent member of the Board, with effect from 1 April 2024. Mr. Patel is currently serving as a non-independent non-executive Chair. Given shareholder preference for an independent Chair, it was always envisaged that Mr. Patel would step down at the appropriate time once a suitable replacement as independent Chair had been identified. Mr. Masilela is an excellent and experienced successor. He is also the Chair of the board of Sanlam and is a former board member of the South African Reserve Bank and Government Employee Pension Fund. The Group has ensured that Mr. Patel's institutional knowledge and valuable relationships will not be lost to it. He will remain involved in assisting the Group on a consultancy basis until October 2028. His involvement will include Showmax, SuperSport and other operational areas.
お知らせ • Nov 01MultiChoice Group Limited to Report First Half, 2024 Results on Nov 15, 2023MultiChoice Group Limited announced that they will report first half, 2024 results on Nov 15, 2023
お知らせ • Sep 13MultiChoice Group Limited Announces Board ChangesMultiChoice Group Limited announced that Mr. Imtiaz Patel, the Chair of the board of directors, will be stepping down from the Board with effect from 31 March 2024. Mr. Patel will be replaced as Chair by Mr. Elias Masilela, a long-standing independent member of the Board, with effect from 1 April 2024. Mr. Patel is currently serving as a non-independent non-executive Chair. Given shareholder preference for an independent Chair, it was always envisaged that Mr. Patel would step down at the appropriate time once a suitable replacement as independent Chair had been identified. Mr. Masilela is an excellent and experienced successor. He is also the Chair of the board of Sanlam and is a former board member of the South African Reserve Bank and Government Employee Pension Fund. The Group has ensured that Mr. Patel's institutional knowledge and valuable relationships will not be lost to it. He will remain involved in assisting the Group on a consultancy basis until October 2028. His involvement will include Showmax, SuperSport and other operational areas.
お知らせ • Aug 25MultiChoice Group Limited Announces Executive AppointmentsMultiChoice Group Limited announced the appointments of Mr. Andrea Zappia and Ms Deborah Klein as independent non-executive directors of the Company with effect from 1 September 2023 were approved at the abovementioned AGM. Shareholders are further advised that Ms Deborah Klein will also be appointed as a member of the Company's remuneration committee with effect from 1 September 2023.
お知らせ • Aug 06MultiChoice Group Limited Provides Earnings Guidance for the Year Ended 31 March 2023MultiChoice Group Limited provided earnings guidance for the year ended 31 March 2023. For the period, the company announced that Trading profit is expected to be between 0% and 5% (ZAR0.5bn) lower than the ZAR 10.3bn reported for the year ended 31 March 2022. Compared to Fiscal year 2022, the Group expects earnings per share for Fiscal year 2023 to be between 1,126 ZAR cents and 1,142 ZAR cents lower (>100%) than the Fiscal year 2022 reported earnings per share of 318 ZAR cents.
お知らせ • Jul 01MultiChoice Group Limited, Annual General Meeting, Aug 24, 2023MultiChoice Group Limited, Annual General Meeting, Aug 24, 2023, at 11:00 South Africa Standard Time. Location: 144 Bram Fischer Drive Randburg South Africa Agenda: To consider and, if deemed fit, to pass with or without modification all the ordinary and special resolutions set out in the notice of AGM which forms part of the MultiChoice summarised consolidated financial statements and notice of AGM booklet (the AGM booklet) distributed to shareholders today.
Reported Earnings • Jun 14Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: R8.15 loss per share (down from R3.18 profit in FY 2022). Revenue: R59.1b (up 7.1% from FY 2022). Net loss: R3.48b (down 356% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 2.0% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Global Media industry. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
お知らせ • May 30MultiChoice Group Limited to Report Fiscal Year 2023 Results on Jun 13, 2023MultiChoice Group Limited announced that they will report fiscal year 2023 results at 1:00 PM, South Africa Standard Time on Jun 13, 2023
Price Target Changed • Apr 06Price target decreased by 11% to R128Down from R143, the current price target is an average from 3 analysts. New target price is 9.0% above last closing price of R117. Stock is down 12% over the past year. The company is forecast to post earnings per share of R3.16 for next year compared to R3.18 last year.
Buying Opportunity • Mar 14Now 26% undervaluedOver the last 90 days, the stock is up 2.5%. The fair value is estimated to be R162, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company became loss making.
Recent Insider Transactions • Mar 12Non-Executive Chair recently sold R7.6m worth of stockOn the 6th of March, Mohamed Imtiaz Patel sold around 53k shares on-market at roughly R144 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mohamed Imtiaz's only on-market trade for the last 12 months.
Major Estimate Revision • Nov 20Consensus forecasts updatedThe consensus outlook for 2023 has been updated. 2023 revenue forecast increased from R57.7b to R58.9b. EPS estimate fell from R8.95 to R6.53 per share. Net income forecast to shrink 13% next year vs 8.7% growth forecast for Media industry in South Africa . Consensus price target down from R141 to R137. Share price fell 2.4% to R118 over the past week.
Board Change • Nov 16Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Non-Executive Director James Du Preez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Aug 31Upcoming dividend of R5.65 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 12 September 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Lower than top quartile of South African dividend payers (8.9%). In line with average of industry peers (5.2%).
分析記事 • Aug 25These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably WellHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Aug 08MultiChoice Group's (JSE:MCG) Dividend Will Be ZAR5.65The board of MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend on the 12th of September...
Board Change • Aug 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 9 experienced directors. No highly experienced directors. Independent Non-Executive Director James Du Preez was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
分析記事 • Jul 15MultiChoice Group (JSE:MCG) Will Pay A Dividend Of ZAR5.65The board of MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend of ZAR5.65 per share on...
分析記事 • Jul 01MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65MultiChoice Group Limited's ( JSE:MCG ) investors are due to receive a payment of R5.65 per share on 12th of September...
分析記事 • Jun 30We Like MultiChoice Group's (JSE:MCG) Returns And Here's How They're TrendingThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
分析記事 • Jun 12MultiChoice Group's (JSE:MCG) Dividend Will Be R5.65MultiChoice Group Limited ( JSE:MCG ) will pay a dividend of R5.65 on the 12th of September. The dividend yield will be...
Reported Earnings • Jun 10Full year 2022 earnings released: EPS: R318 (vs R5.06 in FY 2021)Full year 2022 results: EPS: R318. Revenue: R55.2b (up 3.6% from FY 2021). Net income: R1.36b (down 37% from FY 2021). Profit margin: 2.5% (down from 4.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 3.6%, compared to a 5.4% growth forecast for the industry in South Africa.
分析記事 • May 03Is MultiChoice Group Limited (JSE:MCG) Trading At A 41% Discount?How far off is MultiChoice Group Limited ( JSE:MCG ) from its intrinsic value? Using the most recent financial data...
分析記事 • Jan 25Is MultiChoice Group Limited (JSE:MCG) Trading At A 48% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of MultiChoice Group...
分析記事 • Jan 09Investors Still Waiting For A Pull Back In MultiChoice Group Limited (JSE:MCG)MultiChoice Group Limited's ( JSE:MCG ) price-to-earnings (or "P/E") ratio of 47.9x might make it look like a strong...
分析記事 • Dec 18These 4 Measures Indicate That MultiChoice Group (JSE:MCG) Is Using Debt Reasonably WellLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Major Estimate Revision • Dec 11Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate fell from R9.25 to R8.26 per share. Revenue forecast steady at R55.2b. Net income forecast to grow 301% next year vs 12% growth forecast for Media industry in South Africa. Consensus price target of R142 unchanged from last update. Share price was steady at R125 over the past week.
Executive Departure • Dec 03Non-Executive Director Francis Lehlohonolo Letele has left the companyOn the 1st of December, Francis Lehlohonolo Letele's tenure as Non-Executive Director ended after 3.0 years in the role. As of September 2021, Francis Lehlohonolo still personally held 88.84k shares (R10m worth at the time). A total of 3 executives have left over the last 12 months.
分析記事 • Oct 10Return Trends At MultiChoice Group (JSE:MCG) Aren't AppealingFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Upcoming Dividend • Sep 01Upcoming dividend of R5.65 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 13 September 2021. Trailing yield: 4.9%. Lower than top quartile of South African dividend payers (7.7%). In line with average of industry peers (5.1%).
分析記事 • Aug 26MultiChoice Group (JSE:MCG) Will Pay A Dividend Of R5.65MultiChoice Group Limited ( JSE:MCG ) will pay a dividend of R5.65 on the 13th of September. The dividend yield will be...
分析記事 • Jul 07MultiChoice Group (JSE:MCG) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Executive Departure • Jun 19Lead Independent Director Jabulane Mabuza has left the companyOn the 16th of June, Jabulane Mabuza's tenure as Lead Independent Director ended. We don't have any record of a personal shareholding under Jabulane's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 1.42 years, which is considered inexperienced in the Simply Wall St Risk Model.
分析記事 • Jun 17The Strong Earnings Posted By MultiChoice Group (JSE:MCG) Are A Good Indication Of The Strength Of The BusinessEven though MultiChoice Group Limited's ( JSE:MCG ) recent earnings release was robust, the market didn't seem to...
分析記事 • Jun 13MultiChoice Group (JSE:MCG) Has Announced A Dividend Of R5.65MultiChoice Group Limited ( JSE:MCG ) has announced that it will pay a dividend of R5.65 per share on the 13th of...
Reported Earnings • Jun 13Full year 2021 earnings released: EPS R506 (vs R1.17 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: R53.3b (up 3.8% from FY 2020). Net income: R2.16b (up 326% from FY 2020). Profit margin: 4.1% (up from 1.0% in FY 2020).
分析記事 • Apr 19Under The Bonnet, MultiChoice Group's (JSE:MCG) Returns Look ImpressiveIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Mar 28Does MultiChoice Group Limited (JSE:MCG) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at MultiChoice Group Limited ( JSE:MCG ) from a dividend investor's perspective. Owning...
Is New 90 Day High Low • Feb 24New 90-day low: R124The company is down 6.0% from its price of R132 on 26 November 2020. The South African market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R176 per share.
Is New 90 Day High Low • Jan 08New 90-day high: R140The company is up 19% from its price of R118 on 09 October 2020. The South African market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R168 per share.
Is New 90 Day High Low • Oct 29New 90-day high: R139The company is up 30% from its price of R107 on 30 July 2020. The South African market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R145 per share.
Is New 90 Day High Low • Oct 06New 90-day high: R112The company is up 5.0% from its price of R107 on 08 July 2020. The South African market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is R140 per share.