| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 1/6 |
AME Overview
African Media Entertainment Limited, together with its subsidiaries, engages in radio broadcasting business in South Africa.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R28.02 |
| 52 Week High | R15.01 |
| 52 Week Low | R94.99 |
| Beta | 0.19 |
| 1 Month Change | 3.78% |
| 3 Month Change | 4.36% |
| 1 Year Change | 19.23% |
| 3 Year Change | -47.53% |
| 5 Year Change | -62.64% |
| Change since IPO | 47.58% |
Recent News & Updates
Be Wary Of African Media Entertainment (JSE:AME) And Its Returns On Capital
To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...
Returns On Capital At African Media Entertainment (JSE:AME) Paint A Concerning Picture
If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
Shareholder Returns
| AME | ZA Media | ZA Market | |
|---|---|---|---|
| 7D | 0% | 2.6% | -0.7% |
| 1Y | 19.2% | -1.8% | 19.0% |
Return vs Industry: AME exceeded the ZA Media industry which returned -1.7% over the past year.
Return vs Market: AME matched the ZA Market which returned 19.9% over the past year.
Price Volatility
| AME volatility | |
|---|---|
| AME Beta | 0.19 |
| Industry Beta | 1.05 |
| Market Beta | 1 |
Stable Share Price: AME is more volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: AME's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of ZA stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | 208 | Dave Tiltmann | https://ame.co.za |
African Media Entertainment Limited, together with its subsidiaries, engages in radio broadcasting business in South Africa. It operates through Radio Broadcasters and Media Services segments. The company’s radio stations include Algoa FM, which broadcasts from the Garden Route to the Wild Coast; and OFM, the glue that connects radio listeners across the central and northern regions of South Africa.
African Media Entertainment Fundamentals Summary
| AME fundamental statistics | |
|---|---|
| Market Cap | R222.01m |
| Earnings (TTM) | R282.00k |
| Revenue (TTM) | R200.10m |
787.3x
P/E Ratio1.1x
P/S RatioIs AME overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AME income statement (TTM) | |
|---|---|
| Revenue | R200.10m |
| Cost of Revenue | R54.12m |
| Gross Profit | R145.99m |
| Expenses | R145.71m |
| Earnings | R282.00k |
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.036 |
| Gross Margin | 72.96% |
| Net Profit Margin | 0.14% |
| Debt/Equity Ratio | 0.0% |
How did AME perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield2,810%
Payout RatioValuation
Is African Media Entertainment undervalued compared to its fair value and its price relative to the market?
787.3x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AME (ZAR28.02) is trading above our estimate of fair value (ZAR16.76)
Significantly Below Fair Value: AME is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AME is poor value based on its PE Ratio (787.3x) compared to the African Media industry average (14.7x).
PE vs Market: AME is poor value based on its PE Ratio (787.3x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate AME's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AME is overvalued based on its PB Ratio (0.9x) compared to the XF Media industry average (0.6x).
Future Growth
How is African Media Entertainment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.2%
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as African Media Entertainment has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has African Media Entertainment performed over the past 5 years?
-14.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AME has a large one-off loss of ZAR9.1M impacting its March 31 2021 financial results.
Growing Profit Margin: AME's current net profit margins (0.1%) are lower than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: AME's earnings have declined by 14.2% per year over the past 5 years.
Accelerating Growth: AME's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: AME had negative earnings growth (-99.1%) over the past year, making it difficult to compare to the Media industry average (-17.3%).
Return on Equity
High ROE: AME's Return on Equity (1%) is considered low.
Financial Health
How is African Media Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: AME's short term assets (ZAR119.1M) exceed its short term liabilities (ZAR43.1M).
Long Term Liabilities: AME's short term assets (ZAR119.1M) exceed its long term liabilities (ZAR4.2M).
Debt to Equity History and Analysis
Debt Level: AME is debt free.
Reducing Debt: AME has not had any debt for past 5 years.
Debt Coverage: AME has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: AME has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is African Media Entertainment current dividend yield, its reliability and sustainability?
3.57%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AME's dividend (3.57%) is higher than the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: AME's dividend (3.57%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).
Stability and Growth of Payments
Stable Dividend: AME has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: AME has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (2809.6%), AME's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Dave Tiltmann (56 yo)
2.83yrs
Tenure
R3,185,000
Compensation
Mr. David M. Tiltmann, also known as Dave, has been the Group Chief Executive Officer of African Media Entertainment Limited since December 1, 2018 and serves as its Executive Director. Mr. Tiltmann served...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Dave's total compensation is reasonable compared to companies of similar size in the ZA market.
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: AME's management team is considered experienced (2.8 years average tenure).
Board Members
Experienced Board: AME's board of directors are seasoned and experienced ( 11.1 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
African Media Entertainment Limited's employee growth, exchange listings and data sources
Key Information
- Name: African Media Entertainment Limited
- Ticker: AME
- Exchange: JSE
- Founded: 1997
- Industry: Broadcasting
- Sector: Media
- Market Cap: R222.006m
- Shares outstanding: 7.92m
- Website: https://ame.co.za
Number of Employees
Location
- African Media Entertainment Limited
- AME House
- Block A, Oxford Office Park
- Johannesburg
- Gauteng
- 2198
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 20:56 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
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.