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MTNZ

MTN Zakhele Futhi (RF)JSE:MTNZF Stock Report

Market Cap

R3.7b

7D

-6.1%

1Y

200.7%

Updated

26 Oct, 2021

Data

Company Financials
MTNZF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

MTNZF Overview

MTN Zakhele Futhi (RF) Limited operates as an investment company in South Africa.

Price History & Performance

Summary of all time highs, changes and price drops for MTN Zakhele Futhi (RF)
Historical stock prices
Current Share PriceR30.07
52 Week HighR8.60
52 Week LowR35.00
Beta0
1 Month Change36.68%
3 Month Change92.76%
1 Year Change200.70%
3 Year Changen/a
5 Year Changen/a
Change since IPO526.46%

Recent News & Updates

Mar 09
If You Had Bought MTN Zakhele Futhi (RF) (JSE:MTNZF) Shares A Year Ago You'd Have Earned 34% Returns

If You Had Bought MTN Zakhele Futhi (RF) (JSE:MTNZF) Shares A Year Ago You'd Have Earned 34% Returns

It's been a soft week for MTN Zakhele Futhi (RF) Limited ( JSE:MTNZF ) shares, which are down 14%. But at least the...

Shareholder Returns

MTNZFZA Capital MarketsZA Market
7D-6.1%-1.7%-0.3%
1Y200.7%52.9%19.5%

Return vs Industry: MTNZF exceeded the ZA Capital Markets industry which returned 54.2% over the past year.

Return vs Market: MTNZF exceeded the ZA Market which returned 19% over the past year.

Price Volatility

Is MTNZF's price volatile compared to industry and market?
MTNZF volatility
MTNZF Beta0
Industry Beta0.89
Market Beta1

Stable Share Price: MTNZF is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MTNZF's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016n/an/ahttps://www.mtnzakhelefuthi.co.za

MTN Zakhele Futhi (RF) Limited operates as an investment company in South Africa. The company operates as the special purpose investment vehicle to effect MTN Group Limited’s 2016 Broad Based Black Economic Empowerment transaction. It acquires and holds shares in MTN Group on behalf of the participating black public.

MTN Zakhele Futhi (RF) Fundamentals Summary

How do MTN Zakhele Futhi (RF)'s earnings and revenue compare to its market cap?
MTNZF fundamental statistics
Market CapR3.71b
Earnings (TTM)-R35.28m
Revenue (TTM)n/a

0x

P/S Ratio

-105.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTNZF income statement (TTM)
RevenueR0
Cost of RevenueR0
Gross ProfitR0
ExpensesR35.28m
Earnings-R35.28m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.29
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio28.9%

How did MTNZF perform over the long term?

See historical performance and comparison

Valuation

Is MTN Zakhele Futhi (RF) undervalued compared to its fair value and its price relative to the market?

1.1x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MTNZF's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MTNZF's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MTNZF is unprofitable, so we can't compare its PE Ratio to the ZA Capital Markets industry average.

PE vs Market: MTNZF is unprofitable, so we can't compare its PE Ratio to the ZA market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate MTNZF's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MTNZF is overvalued based on its PB Ratio (1.1x) compared to the ZA Capital Markets industry average (0.8x).


Future Growth

How is MTN Zakhele Futhi (RF) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.2%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MTN Zakhele Futhi (RF) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has MTN Zakhele Futhi (RF) performed over the past 5 years?

-44.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTNZF is currently unprofitable.

Growing Profit Margin: MTNZF is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MTNZF is unprofitable, and losses have increased over the past 5 years at a rate of 44.8% per year.

Accelerating Growth: Unable to compare MTNZF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MTNZF is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (35.2%).


Return on Equity

High ROE: MTNZF has a negative Return on Equity (-3.62%), as it is currently unprofitable.


Financial Health

How is MTN Zakhele Futhi (RF)'s financial position?


Financial Position Analysis

Short Term Liabilities: MTNZF's short term assets (ZAR5.5M) do not cover its short term liabilities (ZAR64.2M).

Long Term Liabilities: MTNZF's short term assets (ZAR5.5M) do not cover its long term liabilities (ZAR1.8B).


Debt to Equity History and Analysis

Debt Level: MTNZF's debt to equity ratio (28.9%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if MTNZF's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: MTNZF's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if MTNZF's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is MTN Zakhele Futhi (RF) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MTNZF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MTNZF's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MTNZF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MTNZF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MTNZF's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average board tenure


CEO

MTN Zakhele Futhi (RF) has no CEO, or we have no data on them.


Board Members

Experienced Board: MTNZF's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MTN Zakhele Futhi (RF) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: MTN Zakhele Futhi (RF) Limited
  • Ticker: MTNZF
  • Exchange: JSE
  • Founded: 2016
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: R3.710b
  • Shares outstanding: 123.42m
  • Website: https://www.mtnzakhelefuthi.co.za

Location

  • MTN Zakhele Futhi (RF) Limited
  • 135 Rivonia Road
  • Sandown
  • Johannesburg
  • Gauteng
  • 2196
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 17:04
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.