Old Mutual Limited

JSE:OMU Stock Report

Market Cap: R54.2b

Old Mutual Past Earnings Performance

Past criteria checks 4/6

Old Mutual has been growing earnings at an average annual rate of 17.2%, while the Insurance industry saw earnings growing at 14.1% annually. Revenues have been declining at an average rate of 9.4% per year. Old Mutual's return on equity is 13.9%, and it has net margins of 7.7%.

Key information

17.2%

Earnings growth rate

17.7%

EPS growth rate

Insurance Industry Growth2.1%
Revenue growth rate-9.4%
Return on equity13.9%
Net Margin7.7%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Earnings Working Against Old Mutual Limited's (JSE:OMU) Share Price

Nov 20
Earnings Working Against Old Mutual Limited's (JSE:OMU) Share Price

If EPS Growth Is Important To You, Old Mutual (JSE:OMU) Presents An Opportunity

Oct 25
If EPS Growth Is Important To You, Old Mutual (JSE:OMU) Presents An Opportunity

There Is A Reason Old Mutual Limited's (JSE:OMU) Price Is Undemanding

Jul 29
There Is A Reason Old Mutual Limited's (JSE:OMU) Price Is Undemanding

Here's Why We Think Old Mutual (JSE:OMU) Might Deserve Your Attention Today

Jun 21
Here's Why We Think Old Mutual (JSE:OMU) Might Deserve Your Attention Today

Old Mutual (JSE:OMU) Is Due To Pay A Dividend Of ZAR0.49

Apr 13
Old Mutual (JSE:OMU) Is Due To Pay A Dividend Of ZAR0.49

Old Mutual (JSE:OMU) Is Due To Pay A Dividend Of ZAR0.49

Mar 30
Old Mutual (JSE:OMU) Is Due To Pay A Dividend Of ZAR0.49

Revenue & Expenses Breakdown

How Old Mutual makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

JSE:OMU Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 24103,4167,95210,4260
31 Mar 24101,3587,50910,4260
31 Dec 2399,3007,06510,4260
30 Sep 2395,0125,91010,1140
30 Jun 2390,7234,7549,8020
31 Mar 2386,6494,9939,8020
31 Dec 2282,5745,2319,8020
30 Sep 22123,6386,87011,3230
30 Jun 22164,7028,50912,8440
31 Mar 22204,3087,58618,5460
31 Dec 21243,9146,66224,2470
30 Sep 21233,1935,08523,7260
30 Jun 21222,4723,50823,2040
31 Mar 21180,007-79423,3750
31 Dec 20137,542-5,09723,5460
30 Sep 20122,542-3,57423,6340
30 Jun 20107,542-2,05223,7220
31 Mar 20140,3713,61523,3990
31 Dec 19173,1999,28223,0760
30 Sep 19157,2777,27923,2020
30 Jun 19141,3555,27523,3280
31 Mar 19125,1802,06523,6780
31 Dec 18109,005-1,14524,0280
30 Sep 18138,405-2,18324,1430
30 Jun 18167,805-3,22224,2580
31 Mar 18171,676-3,04323,9360
31 Dec 17175,546-2,86423,6130
30 Sep 17112,642-4,67713,2800
30 Jun 1751,329-6,1133,4520
31 Mar 1776,651-4,07311,8690
31 Dec 16102,437-2,11620,3450
30 Jun 16246,4619,14160,9110
31 Mar 16272,47410,45068,7860
31 Dec 15299,73611,85877,1920
30 Sep 15304,43513,34577,7820
30 Jun 15295,65512,70470,7230
31 Mar 15278,34511,46665,2280
31 Dec 14277,25010,92763,6150
30 Sep 14306,2149,86865,5620
30 Jun 14327,0738,52865,7310
31 Mar 14330,3259,94763,5060
31 Dec 13341,65611,55062,9610

Quality Earnings: OMU has a high level of non-cash earnings.

Growing Profit Margin: OMU's current net profit margins (7.7%) are higher than last year (5.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: OMU's earnings have grown by 17.2% per year over the past 5 years.

Accelerating Growth: OMU's earnings growth over the past year (67.3%) exceeds its 5-year average (17.2% per year).

Earnings vs Industry: OMU earnings growth over the past year (67.3%) exceeded the Insurance industry 23.9%.

Return on Equity

High ROE: OMU's Return on Equity (13.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 07:54
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Old Mutual Limited is covered by 29 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Bassem NeiferAlphaValue
Francois Du ToitAnchor Stockbrokers Proprietary Limited
Adrienne DamantAvior Capital Markets