Announcement • 6h
YeboYethu (RF) Limited to Report Fiscal Year 2026 Results on Jun 15, 2026 YeboYethu (RF) Limited announced that they will report fiscal year 2026 results on Jun 15, 2026 Reported Earnings • Nov 27
First half 2026 earnings released: EPS: R13.98 (vs R17.65 in 1H 2025) First half 2026 results: EPS: R13.98 (down from R17.65 in 1H 2025). Revenue: R383.4m (up 18% from 1H 2025). Net income: R739.5m (down 21% from 1H 2025). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Nov 26
First half dividend of R1.01 announced Shareholders will receive a dividend of R1.01. Ex-date: 10th December 2025 Payment date: 15th December 2025 Dividend yield will be 4.1%, which is lower than the industry average of 6.0%. Sustainability & Growth Dividend is well covered by both earnings (5% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has increased by an average of 6.8% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Nov 03
YeboYethu (RF) Limited to Report First Half, 2026 Results on Nov 24, 2025 YeboYethu (RF) Limited announced that they will report first half, 2026 results on Nov 24, 2025 Announcement • Jul 06
YeboYethu (RF) Limited, Annual General Meeting, Aug 04, 2025 YeboYethu (RF) Limited, Annual General Meeting, Aug 04, 2025. Location: vodacom world, 082 vodacom boulevard, midrand, johannesburg South Africa Declared Dividend • Jun 19
Final dividend of R1.01 announced Shareholders will receive a dividend of R1.01. Ex-date: 2nd July 2025 Payment date: 7th July 2025 Dividend yield will be 6.6%, which is higher than the industry average of 6.0%. Sustainability & Growth Dividend is well covered by both earnings (4% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 7.7% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 25% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jun 17
New major risk - Revenue and earnings growth Earnings have declined by 25% 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 Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 25% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (R1.38b market cap, or US$76.8m). New Risk • May 18
New minor risk - Financial data availability The 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: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (R1.38b market cap, or US$76.3m). Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to R25.00, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 7x in the Capital Markets industry in South Africa. Total loss to shareholders of 30% over the past three years. New Risk • Feb 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of South African stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (R1.32b market cap, or US$71.8m). Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to R26.50, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 10x in the Capital Markets industry in South Africa. Total loss to shareholders of 35% over the past three years. Declared Dividend • Nov 27
Final dividend of R0.96 announced Shareholders will receive a dividend of R0.96. Ex-date: 11th December 2024 Payment date: 17th December 2024 Dividend yield will be 9.4%, which is higher than the industry average of 6.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (15% cash payout ratio). The dividend has increased by an average of 7.0% per year over the past 8 years. However, payments have been volatile during that time. New Risk • Aug 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 8.2% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (R1.38b market cap, or US$77.7m). Board Change • Aug 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. 1 highly experienced director. Non-Executive Director Tersha Walljee was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of South African stocks, typically moving 6.5% 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (R1.22b market cap, or US$66.3m). Announcement • Jul 06
YeboYethu (RF) Limited, Annual General Meeting, Aug 05, 2024 YeboYethu (RF) Limited, Annual General Meeting, Aug 05, 2024. Location: vodacom world, 082 vodacom boulevard, midrand, johannesburg, South Africa Declared Dividend • Jun 20
First half dividend of R0.96 announced Shareholders will receive a dividend of R0.96. Ex-date: 3rd July 2024 Payment date: 8th July 2024 Dividend yield will be 9.0%, which is higher than the industry average of 6.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 7 years. However, payments have been volatile during that time. New Risk • Jun 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. 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: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (R1.11b market cap, or US$60.6m). Upcoming Dividend • Dec 05
Upcoming dividend of R0.92 per share at 6.1% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 18 December 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 6.1%. Lower than top quartile of South African dividend payers (9.1%). In line with average of industry peers (6.0%). Reported Earnings • Nov 30
First half 2024 earnings released: R27.48 loss per share (vs R60.06 loss in 1H 2023) First half 2024 results: R27.48 loss per share (improved from R60.06 loss in 1H 2023). Revenue: R377.7m (down 23% from 1H 2023). Net loss: R1.45b (loss narrowed 54% from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Announcement • Jul 15
YeboYethu (RF) Limited, Annual General Meeting, Aug 14, 2023 YeboYethu (RF) Limited, Annual General Meeting, Aug 14, 2023, at 10:00 South Africa Standard Time. Location: Vodacom World, 082 Vodacom Boulevard, Midrand Johannesburg South Africa Upcoming Dividend • Jun 28
Upcoming dividend of R0.91 per share at 4.7% yield Eligible shareholders must have bought the stock before 05 July 2023. Payment date: 10 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.7%. Lower than top quartile of South African dividend payers (9.6%). Lower than average of industry peers (6.2%). New Risk • Jun 21
New major risk - Revenue and earnings growth Earnings have declined by 3.1% 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 Risks Interest payments are not well covered by earnings (1.5x net interest cover). Earnings have declined by 3.1% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (R1.75b market cap, or US$95.0m). Reported Earnings • Jun 20
Full year 2023 earnings released: R58.84 loss per share (vs R67.28 profit in FY 2022) Full year 2023 results: R58.84 loss per share (down from R67.28 profit in FY 2022). Revenue: R881.3m (down 7.2% from FY 2022). Net loss: R3.11b (down 188% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Upcoming Dividend • Dec 06
Upcoming dividend of R0.70 per share Eligible shareholders must have bought the stock before 13 December 2022. Payment date: 19 December 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.5%. Lower than top quartile of South African dividend payers (8.6%). In line with average of industry peers (5.8%). Reported Earnings • Nov 29
First half 2023 earnings released: R60.06 loss per share (vs R34.29 profit in 1H 2022) First half 2023 results: R60.06 loss per share (down from R34.29 profit in 1H 2022). Revenue: R492.1m (up 4.9% from 1H 2022). Net loss: R3.18b (down 275% from profit in 1H 2022). Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year. Buying Opportunity • Oct 14
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be R56.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company has become profitable. Upcoming Dividend • Jun 29
Upcoming dividend of R1.07 per share Eligible shareholders must have bought the stock before 06 July 2022. Payment date: 11 July 2022. Payout ratio is a comfortable 4.9% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of South African dividend payers (8.8%). Lower than average of industry peers (6.5%). Announcement • Jun 29
YeboYethu (RF) Limited, Annual General Meeting, Aug 02, 2022 YeboYethu (RF) Limited, Annual General Meeting, Aug 02, 2022, at 10:00 South Africa Standard Time. Board Change • May 31
High number of new directors Non-Executive Director Tersha Walljee was the last director to join the board, commencing their role in 2022. Board Change • Apr 27
High number of new directors Non-Executive Director Tersha Walljee was the last director to join the board, commencing their role in 2022. Buying Opportunity • Mar 15
Now 29% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be R56.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years. Buying Opportunity • Jan 28
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.1%. The fair value is estimated to be R59.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% per annum over the last 3 years. Earnings per share has grown by 68% per annum over the last 3 years. Upcoming Dividend • Dec 07
Upcoming dividend of R1.13 per share Eligible shareholders must have bought the stock before 14 December 2021. Payment date: 20 December 2021. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of South African dividend payers (7.3%). Lower than average of industry peers (5.7%). Executive Departure • Aug 04
Independent Chairman Zarina Bibi Bassa has left the company On the 27th of July, Zarina Bibi Bassa's tenure as Independent Chairman ended after 13.2 years in the role. We don't have any record of a personal shareholding under Zarina Bibi's name. A total of 3 executives have left over the last 12 months. Upcoming Dividend • Jun 23
Upcoming dividend of R1.00 per share Eligible shareholders must have bought the stock before 30 June 2021. Payment date: 05 July 2021. Trailing yield: 4.9%. Lower than top quartile of South African dividend payers (7.7%). Lower than average of industry peers (5.9%). Reported Earnings • Jun 10
Full year 2021 earnings released: EPS R24.00 (vs R14.45 in FY 2020) Full year 2021 results: Revenue: R938.5m (down 2.4% from FY 2020). Net income: R1.27b (up 66% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Executive Departure • Mar 07
Company Secretary has left the company On the 4th of March, Sameera Khan's tenure as Company Secretary ended after 2.4 years in the role. We don't have any record of a personal shareholding under Sameera's name. Sameera is the only executive to leave the company over the last 12 months. Announcement • Mar 06
YeboYethu (RF) Limited Announces Management Changes YeboYethu (RF) Limited announced that in compliance with section 3.59 of the Listings Requirements, Zarina Bassa, the chairman of the company, has indicated her intention to step down from the Board with effect from the next annual general meeting, scheduled for 27 July 2021. The Board announced that Thabo Mokgatlha has been appointed to assume the role of chairman
following Zarina's resignation on 27 July 2021. Thabo was appointed to the Board in April 2019 and has chaired the Audit Committee since his appointment. Thabo is the chief executive officer of Baphalane Ba Mantserre Investment Holdings (Pty) Limited and serves as a non-executive director on various other boards. Thabo was previously the Head of Business and Treasury of the Royal Bafokeng Nation (RBN) and served on numerous boards in the RBN group. He was also a senior lecturer (Accounting and Taxation) and Finance Manager of the University of Bophuthatswana (now University of North West) and served in the Office of the Auditor General as a Centre Manager and the North West Parks and Tourism Board as Finance Manager. The company also announced that Sameera Khan has resigned as company secretary with effect from 4 March 2021. Sameera will continue to fulfil an active role in supporting the Board as part the Vodacom Group Limited secretarial team. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 19% share price gain to R38.00, the stock is trading at a trailing P/E ratio of 2.9x, up from the previous P/E ratio of 2.4x. This compares to an average P/E of 12x in the Capital Markets industry in South Africa. Total returns to shareholders over the past three years are 60%. Valuation Update With 7 Day Price Move • Dec 09
Market bids up stock over the past week After last week's 18% share price gain to R40.00, the stock is trading at a trailing P/E ratio of 3x, up from the previous P/E ratio of 2.6x. This compares to an average P/E of 11x in the Capital Markets industry in South Africa. Total returns to shareholders over the past three years are 75%. Is New 90 Day High Low • Dec 08
New 90-day high: R35.50 The company is up 15% from its price of R31.00 on 09 September 2020. The South African market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Capital Markets industry, which is up 19% over the same period. Reported Earnings • Nov 27
First half 2021 earnings released: EPS R14.45 First half 2021 results: Revenue: R463.5m (up 1.2% from 1H 2020). Net income: R764.5m (down 8.1% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 20
Market pulls back on stock over the past week After last week's 15% share price decline to R29.65, the stock is trading at a trailing P/E ratio of 2.1x, down from the previous P/E ratio of 2.4x. This compares to an average P/E of 9x in the Capital Markets industry in South Africa. Total returns to shareholders over the past three years are 14%. Is New 90 Day High Low • Oct 14
New 90-day high: R35.00 The company is up 40% from its price of R25.00 on 16 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 Capital Markets industry, which is up 1.0% over the same period.