Momentum Metropolitan Holdings Limited, together with its subsidiaries, provides insurance-based financial services for individuals, companies, institutions, and organizations in South Africa and internationally.
Momentum Metropolitan Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R19.97|
|52 Week High||R12.82|
|52 Week Low||R22.70|
|1 Month Change||-0.55%|
|3 Month Change||4.01%|
|1 Year Change||34.66%|
|3 Year Change||14.25%|
|5 Year Change||-10.41%|
|Change since IPO||22.14%|
Recent News & Updates
|MTM||ZA Insurance||ZA Market|
Return vs Industry: MTM exceeded the ZA Insurance industry which returned 19.5% over the past year.
Return vs Market: MTM exceeded the ZA Market which returned 19.5% over the past year.
Stable Share Price: MTM is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: MTM's weekly volatility (3%) has been stable over the past year.
About the Company
Momentum Metropolitan Holdings 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 Metropolitan Holdings Fundamentals Summary
|MTM fundamental statistics|
Is MTM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MTM income statement (TTM)|
|Cost of Revenue||R87.90b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 23, 2021
|Earnings per share (EPS)||0.32|
|Net Profit Margin||0.42%|
How did MTM perform over the long term?See historical performance and comparison
1.5%Current Dividend Yield
Is Momentum Metropolitan Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate MTM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate MTM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: MTM is poor value based on its PE Ratio (63x) compared to the ZA Insurance industry average (20.7x).
PE vs Market: MTM is poor value based on its PE Ratio (63x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: MTM is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: MTM is good value based on its PB Ratio (1.4x) compared to the ZA Insurance industry average (2.1x).
How is Momentum Metropolitan Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MTM's forecast earnings growth (66.9% per year) is above the savings rate (8.8%).
Earnings vs Market: MTM's earnings (66.9% per year) are forecast to grow faster than the ZA market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if MTM's revenue is forecast to grow faster than the ZA market.
High Growth Revenue: Insufficient data to determine if MTM's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MTM's Return on Equity is forecast to be low in 3 years time (17%).
How has Momentum Metropolitan Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MTM has high quality earnings.
Growing Profit Margin: MTM's current net profit margins (0.4%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: MTM's earnings have declined by 23.7% per year over the past 5 years.
Accelerating Growth: MTM's earnings growth over the past year (139.9%) exceeds its 5-year average (-23.7% per year).
Earnings vs Industry: MTM earnings growth over the past year (139.9%) exceeded the Insurance industry 117.2%.
Return on Equity
High ROE: MTM's Return on Equity (2.5%) is considered low.
How is Momentum Metropolitan Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: MTM's short term assets (ZAR524.4B) exceed its short term liabilities (ZAR247.2B).
Long Term Liabilities: MTM's short term assets (ZAR524.4B) exceed its long term liabilities (ZAR283.7B).
Debt to Equity History and Analysis
Debt Level: MTM's debt to equity ratio (50.6%) is considered high.
Reducing Debt: MTM's debt to equity ratio has increased from 26.3% to 50.6% over the past 5 years.
Debt Coverage: MTM's debt is well covered by operating cash flow (82.9%).
Interest Coverage: MTM's interest payments on its debt are well covered by EBIT (5x coverage).
What is Momentum Metropolitan Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MTM's dividend (1.5%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.15%).
High Dividend: MTM's dividend (1.5%) is low compared to the top 25% of dividend payers in the ZA market (7.54%).
Stability and Growth of Payments
Stable Dividend: MTM is not paying a notable dividend for the ZA market, therefore no need to check if payments are stable.
Growing Dividend: MTM is not paying a notable dividend for the ZA market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: MTM is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MTM's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hillie Meyer (61 yo)
Mr. Hillie P. Meyer has been the Chief Executive Officer and Executive Director of Momentum Metropolitan Holdings Ltd. (formerly known as MMI Holdings Ltd.) since February 15, 2018. Mr. Meyerr serves as Ch...
CEO Compensation Analysis
Compensation vs Market: Hillie's total compensation ($USD749.82K) is about average for companies of similar size in the ZA market ($USD927.67K).
Compensation vs Earnings: Hillie's compensation has been consistent with company performance over the past year.
Experienced Management: MTM's management team is considered experienced (4.7 years average tenure).
Experienced Board: MTM's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Momentum Metropolitan Holdings Limited's employee growth, exchange listings and data sources
- Name: Momentum Metropolitan Holdings Limited
- Ticker: MTM
- Exchange: JSE
- Founded: NaN
- Industry: Life and Health Insurance
- Sector: Insurance
- Market Cap: R28.407b
- Shares outstanding: 1.42b
- Website: https://www.momentummetropolitan.co.za
Number of Employees
- Momentum Metropolitan Holdings Limited
- 268 West Avenue
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 21:19|
|End of Day Share Price||2021/10/26 00:00|
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.