How does OUT's PE Ratio compare to its peers?

OUT is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (13.4x).

How does OUT's PE Ratio compare vs other companies in the African Insurance Industry?

OUT is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the African Insurance industry average (5.9x).

What is OUT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

OUT is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.1x).

What is the Fair Price of OUT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

OUT (ZAR63.89) is trading above our estimate of [[fair value]] (ZAR14.66)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is lower than the current share price.

OUTsurance Group (JSE:OUT) - Stock Price, News & Analysis

OUT Stock Overview

A financial services company, provides insurance and investment products in South Africa, Australia, and Ireland. More details

OUT fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	6/6
Financial Health	5/6
Dividends	3/6

Rewards

Earnings are forecast to grow 9.73% per year

Earnings grew by 36.3% over the past year

Risk Analysis

Dividend of 3.36% is not well covered by free cash flows

OUTsurance Group Limited Competitors

Santam

JSE:SNT

R43.1b

Discovery

JSE:DSY

R126.5b

Sanlam

JSE:SLM

R182.5b

Momentum Group

JSE:MTM

R40.0b

Price History & Performance

Summary of all time highs, changes and price drops for OUTsurance Group
Historical stock prices
Current Share Price	R63.89
52 Week High	R64.98
52 Week Low	R38.51
Beta	0.69
11 Month Change	8.21%
3 Month Change	32.72%
1 Year Change	46.03%
33 Year Change	50.44%
5 Year Change	101.67%
Change since IPO	410.71%

Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

Nov 16

OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year

Sep 20

Recent updates

Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

Nov 16

OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 21

Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects

Jan 20

Here's Why We Think OUTsurance Group (JSE:OUT) Might Deserve Your Attention Today

Nov 12

This Is Why We Think Rand Merchant Investment Holdings Limited's (JSE:RMI) CEO Might Get A Pay Rise Approved By Shareholders

Nov 16

Has Rand Merchant Investment Holdings Limited (JSE:RMI) Stock's Recent Performance Got Anything to Do With Its Financial Health?

Mar 11

What Type Of Shareholders Make Up Rand Merchant Investment Holdings Limited's (JSE:RMI) Share Registry?

Feb 12

How Should Investors Feel About Rand Merchant Investment Holdings' (JSE:RMI) CEO Remuneration?

Jan 20

Rand Merchant Investment Holdings'(JSE:RMI) Share Price Is Down 29% Over The Past Three Years.

Dec 30

Rand Merchant Investment Holdings Limited's (JSE:RMI) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?

Dec 04

Shareholder Returns

	OUT	ZA Insurance	ZA Market
7D	4.0%	1.3%	-1.5%
1Y	46.0%	30.6%	14.1%

Return vs Industry: OUT exceeded the ZA Insurance industry which returned 30.6% over the past year.

Return vs Market: OUT exceeded the ZA Market which returned 14.1% over the past year.

Price Volatility

Is OUT's price volatile compared to industry and market?
OUT volatility
OUT Average Weekly Movement	3.1%
Insurance Industry Average Movement	2.5%
Market Average Movement	4.4%
10% most volatile stocks in ZA Market	9.5%
10% least volatile stocks in ZA Market	2.6%

Stable Share Price: OUT has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: OUT's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1998	7,492	Marthinus Visser	www.outsurance.co.za

OUTsurance Group Limited, a financial services company, provides insurance and investment products in South Africa, Australia, and Ireland. It operates through Personal Insurance; Business Insurance; Youi CTP; OUTsurance Central; OUTsurance Ireland; and Life Insurance segments. The company offers insurance products for cars and other vehicles, home contents, buildings, and portable items; motor warranty; bicycles, watercraft, personal accident, and essential; life and funeral; business, fleet, agricultural, engineering, motor traders, hospitality, and contractors all risk; and pets.

OUTsurance Group Limited Fundamentals Summary

How do OUTsurance Group's earnings and revenue compare to its market cap?
OUT fundamental statistics
Market cap	R99.00b
Earnings (TTM)	R4.06b
Revenue (TTM)	R34.13b

24.4x

P/E Ratio

2.9x

P/S Ratio

Is OUT overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OUT income statement (TTM)
Revenue	R34.13b
Cost of Revenue	R26.32b
Gross Profit	R7.81b
Other Expenses	R3.75b
Earnings	R4.06b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	2.62
Gross Margin	22.88%
Net Profit Margin	11.90%
Debt/Equity Ratio	5.6%

How did OUT perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

66%

Payout Ratio

OUT Stock Overview

Rewards

Risk Analysis

OUTsurance Group Limited Competitors

JSE:SNT

R43.1b

JSE:DSY

R126.5b

JSE:SLM

R182.5b

JSE:MTM

R40.0b

Price History & Performance

Recent News & Updates

Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

Upcoming dividend of R1.53 per share

Price target increased by 9.8% to R53.85

OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year

Dividend of R1.13 announced

Full year 2024 earnings released: EPS: R2.66 (vs R1.90 in FY 2023)

Recent updates

Unpleasant Surprises Could Be In Store For OUTsurance Group Limited's (JSE:OUT) Shares

Upcoming dividend of R1.53 per share

Price target increased by 9.8% to R53.85

OUTsurance Group (JSE:OUT) Is Paying Out A Larger Dividend Than Last Year

Dividend of R1.13 announced

Full year 2024 earnings released: EPS: R2.66 (vs R1.90 in FY 2023)

OUTsurance Group Limited Declares Cash Dividend for the Year Ended 30 June 2024, Payable on 21 October 2024

OUTsurance Group Limited and OUTsurance Holdings Limited Announces Board and Committee Changes

OUTsurance Group Limited to Report Fiscal Year 2024 Results on Sep 17, 2024

Here's Why We Think OUTsurance Group (JSE:OUT) Is Well Worth Watching

There's Reason For Concern Over OUTsurance Group Limited's (JSE:OUT) Price

Independent Non Executive Director recently bought R992k worth of stock

Is Now The Time To Put OUTsurance Group (JSE:OUT) On Your Watchlist?

CEO & Executive Director recently bought R15m worth of stock

Subdued Growth No Barrier To OUTsurance Group Limited's (JSE:OUT) Price

Upcoming dividend of R0.61 per share

OUTsurance Group's (JSE:OUT) Shareholders Will Receive A Bigger Dividend Than Last Year

First half 2024 earnings released: EPS: R1.24 (vs R0.89 in 1H 2023)

OUTsurance Group Limited to Report First Half, 2024 Results on Mar 18, 2024

Investors Appear Satisfied With OUTsurance Group Limited's (JSE:OUT) Prospects

OUTsurance Group Limited Announces Resignation of Johan Burger from its Board and Audit, Risk and Compliance, Remuneration and Nominations Committees, Effective 30 November 2023

Here's Why We Think OUTsurance Group (JSE:OUT) Might Deserve Your Attention Today

Price target increased by 9.6% to R43.40

OUTsurance Group Limited, Annual General Meeting, Nov 23, 2023

Upcoming dividend of R0.085 per share at 3.4% yield

Upcoming dividend of R0.86 per share at 3.4% yield

OUTsurance Group Limited Announces Special Dividend, Payable on 9 October 2023

OUTsurance Group Limited Announces Special Dividend, Payable on 9 October 2023

OUTsurance Group Limited and OUTsurance Holdings Limited Announce the Retirement of Alan Hedding from Boards

OUTsurance Group Limited to Report Fiscal Year 2023 Results on Sep 15, 2023

Price target decreased by 7.7% to R37.27

Upcoming dividend of R0.57 per share at 3.3% yield

First half 2023 earnings released: EPS: R0.89 (vs R0.21 in 1H 2022)

Price target increased by 15% to R35.80

OUTsurance Group Limited to Report First Half, 2023 Results on Mar 22, 2023

Insufficient new directors

Insufficient new directors

Upcoming dividend of R0.42 per share

Key Executive recently bought R5.7m worth of stock

Full year 2022 earnings released: EPS: R0.79 (vs R1.14 in FY 2021)

Price target decreased to R32.50

Insufficient new directors

An unknown buyer acquired unknown minority stake in Momentum Metropolitan Holdings Limited (JSE:MTM) from Rand Merchant Investment Holdings Limited (JSE:RMI).

Investor sentiment deteriorated over the past week

Upcoming dividend of R1.66 per share

Price target increased to R57.00

Rand Merchant Investment Holdings Limited to Report Fiscal Year 2022 Results on Sep 20, 2022

Non-Executive Director Paul Harris has left the company

Independent Non-Executive Director Ralph Mupita has left the company

Non-Executive Director Obakeng Phetwe has left the company

This Is Why We Think Rand Merchant Investment Holdings Limited's (JSE:RMI) CEO Might Get A Pay Rise Approved By Shareholders

Upcoming dividend of R0.23 per share

Price target increased to R42.00

Full year 2021 earnings released: EPS R1.89 (vs R0.97 in FY 2020)

Inaugural dividend of R0.23 per share

First half 2021 earnings released: EPS R1.05 (vs R1.03 in 1H 2020)

Rand Merchant Investment Holdings Limited Declares Interim Cash Dividend, Payable on 19 April 2021

Has Rand Merchant Investment Holdings Limited (JSE:RMI) Stock's Recent Performance Got Anything to Do With Its Financial Health?

What Type Of Shareholders Make Up Rand Merchant Investment Holdings Limited's (JSE:RMI) Share Registry?