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Momentum Group JSE:MTM Stock Report

Last Price

R28.09

Market Cap

R38.1b

7D

2.5%

1Y

40.8%

Updated

27 Aug, 2024

Data

Company Financials +

MTM Stock Overview

Provides insurance-based financial services for individuals, companies, institutions, and organizations in South Africa and internationally.

MTM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends4/6

Momentum Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Momentum Group
Historical stock prices
Current Share PriceR28.09
52 Week HighR28.15
52 Week LowR18.47
Beta0.54
11 Month Change10.37%
3 Month Change28.38%
1 Year Change40.80%
33 Year Change42.08%
5 Year Change73.40%
Change since IPO71.80%

Recent News & Updates

Momentum Group Limited's (JSE:MTM) Price Is Out Of Tune With Earnings

Jul 25
Momentum Group Limited's (JSE:MTM) Price Is Out Of Tune With Earnings

Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

May 23
Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

Recent updates

Momentum Group Limited's (JSE:MTM) Price Is Out Of Tune With Earnings

Jul 25
Momentum Group Limited's (JSE:MTM) Price Is Out Of Tune With Earnings

Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

May 23
Analysts Just Made A Major Revision To Their Momentum Metropolitan Holdings Limited (JSE:MTM) Revenue Forecasts

Shareholder Returns

MTMZA InsuranceZA Market
7D2.5%1.2%1.1%
1Y40.8%16.4%12.8%

Return vs Industry: MTM exceeded the ZA Insurance industry which returned 17.1% over the past year.

Return vs Market: MTM exceeded the ZA Market which returned 11.7% over the past year.

Price Volatility

Is MTM's price volatile compared to industry and market?
MTM volatility
MTM Average Weekly Movement3.7%
Insurance Industry Average Movement4.3%
Market Average Movement5.0%
10% most volatile stocks in ZA Market10.2%
10% least volatile stocks in ZA Market3.5%

Stable Share Price: MTM's share price has been volatile over the past 3 months.

Volatility Over Time: MTM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a16,117Cilliers Maraiswww.momentummetropolitan.co.za

Momentum Group Limited, together with its subsidiaries, provides insurance-based financial services for individuals, companies, institutions, and organizations in South Africa and internationally. It operates through Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Non-life Insurance, Momentum Metropolitan Africa, and New Initiatives segments. The company offers long and short-term insurance; employee benefits, including healthcare and retirement provision; asset management, property management, investments, and savings; healthcare administration and health risk management services; and client engagement solutions, such as wellness and rewards programs.

Momentum Group Limited Fundamentals Summary

How do Momentum Group's earnings and revenue compare to its market cap?
MTM fundamental statistics
Market capR38.06b
Earnings (TTM)R4.46b
Revenue (TTM)R129.45b

8.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MTM income statement (TTM)
RevenueR129.45b
Cost of RevenueR96.67b
Gross ProfitR32.79b
Other ExpensesR28.32b
EarningsR4.46b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Sep 27, 2024

Earnings per share (EPS)3.30
Gross Margin25.33%
Net Profit Margin3.45%
Debt/Equity Ratio29.5%

How did MTM perform over the long term?

See historical performance and comparison

Dividends

4.6%

Current Dividend Yield

39%

Payout Ratio