View Financial HealthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active.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 배당 및 자사주 매입배당 기준 점검 0/6MultiChoice Group 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률0.2%자사주 매입 수익률총 주주 수익률0.2%미래 배당 수익률4.6%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming 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%).분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...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%).모든 업데이트 보기Recent updates공시 • 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)공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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).공시 • 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.공시 • 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, 2024공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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, 2023공시 • 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.공시 • 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.공시 • 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.공시 • 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.공시 • 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%).분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.분석 기사 • 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%).분석 기사 • 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...분석 기사 • 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.분석 기사 • 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...분석 기사 • 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).분석 기사 • 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...분석 기사 • 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.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 MCG 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: MCG 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장MultiChoice Group 배당 수익률 vs 시장MCG의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (MCG)0%시장 하위 25% (ZA)3.2%시장 상위 25% (ZA)7.7%업계 평균 (Media)13.9%분석가 예측 (MCG) (최대 3년)4.6%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 MCG 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 MCG 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: MCG ZA 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: MCG 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YZA 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2025/12/11 05:48종가2025/10/24 00:00수익2025/03/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스MultiChoice Group Limited는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Michael SteereAvior Capital MarketsGerhard EngelbrechtMacquarie ResearchOmar SheikhMorgan Stanley2명의 분석가 더 보기
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%).
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
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%).
공시 • 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)
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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).
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • 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%).
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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%).
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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...
분석 기사 • 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).
분석 기사 • 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...
분석 기사 • 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.