Combined Motor Holdings Limited, an investment holding company, engages in the motor retail and car hire businesses in South Africa.
Price History & Performance
|Historical stock prices|
|Current Share Price||R26.00|
|52 Week High||R11.52|
|52 Week Low||R29.99|
|1 Month Change||4.00%|
|3 Month Change||25.60%|
|1 Year Change||67.74%|
|3 Year Change||15.61%|
|5 Year Change||42.86%|
|Change since IPO||10,300.00%|
Recent News & Updates
Combined Motor Holdings' (JSE:CMH) Dividend Will Be Increased To R1.10
The board of Combined Motor Holdings Limited ( JSE:CMH ) has announced that it will be increasing its dividend on the...
|CMH||ZA Specialty Retail||ZA Market|
Return vs Industry: CMH exceeded the ZA Specialty Retail industry which returned 59.7% over the past year.
Return vs Market: CMH exceeded the ZA Market which returned 19% over the past year.
Stable Share Price: CMH is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: CMH's weekly volatility (6%) has been stable over the past year.
About the Company
Combined Motor Holdings Limited, an investment holding company, engages in the motor retail and car hire businesses in South Africa. It offers new and used vehicles, parts, and related services; and life, disability, dread disease, retrenchment, and vehicle and component warranty insurance products, as well as vehicle financing solutions. The company also operates a fleet of approximately 7,000 vehicles through First Car Rental.
Combined Motor Holdings Fundamentals Summary
|CMH fundamental statistics|
Is CMH overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CMH income statement (TTM)|
|Cost of Revenue||R8.77b|
Last Reported Earnings
Aug 31, 2021
Next Earnings Date
|Earnings per share (EPS)||4.44|
|Net Profit Margin||3.16%|
How did CMH perform over the long term?See historical performance and comparison
9.0%Current Dividend Yield
Does CMH pay a reliable dividends?See CMH dividend history and benchmarks
|Combined Motor Holdings dividend dates|
|Ex Dividend Date||Dec 14 2021|
|Dividend Pay Date||Dec 20 2021|
|Days until Ex dividend||52 days|
|Days until Dividend pay date||58 days|
Does CMH pay a reliable dividends?See CMH dividend history and benchmarks
Is Combined Motor 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: CMH (ZAR26) is trading above our estimate of fair value (ZAR14.94)
Significantly Below Fair Value: CMH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CMH is good value based on its PE Ratio (5.8x) compared to the ZA Specialty Retail industry average (8.9x).
PE vs Market: CMH is good value based on its PE Ratio (5.8x) compared to the ZA market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CMH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CMH is overvalued based on its PB Ratio (2x) compared to the ZA Specialty Retail industry average (1.6x).
How is Combined Motor Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 Combined Motor Holdings 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.
How has Combined Motor Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CMH has high quality earnings.
Growing Profit Margin: CMH's current net profit margins (3.2%) are higher than last year (1%).
Past Earnings Growth Analysis
Earnings Trend: CMH's earnings have declined by 1.4% per year over the past 5 years.
Accelerating Growth: CMH's earnings growth over the past year (288.1%) exceeds its 5-year average (-1.4% per year).
Earnings vs Industry: CMH earnings growth over the past year (288.1%) exceeded the Specialty Retail industry 148%.
Return on Equity
High ROE: CMH's Return on Equity (34.4%) is considered high.
How is Combined Motor Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CMH's short term assets (ZAR2.2B) exceed its short term liabilities (ZAR1.8B).
Long Term Liabilities: CMH's short term assets (ZAR2.2B) exceed its long term liabilities (ZAR764.7M).
Debt to Equity History and Analysis
Debt Level: CMH's debt to equity ratio (50.3%) is considered high.
Reducing Debt: CMH's debt to equity ratio has reduced from 134.3% to 50.3% over the past 5 years.
Debt Coverage: CMH's debt is well covered by operating cash flow (64.4%).
Interest Coverage: CMH's interest payments on its debt are well covered by EBIT (5.8x coverage).
What is Combined Motor Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CMH's dividend (9.04%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: CMH's dividend (9.04%) is in the top 25% of dividend payers in the ZA market (7.7%)
Stability and Growth of Payments
Stable Dividend: CMH's dividend payments have been volatile in the past 10 years.
Growing Dividend: CMH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.9%), CMH's dividend payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jebb McIntosh (75 yo)
Mr. Jebb D. McIntosh, CA(SA) has been Chief Executive Officer of Combined Motor Holdings Ltd. since 2001. Mr. McIntosh is the founder of Combined Motor Holdings Ltd and serves as its Managing Director.He...
CEO Compensation Analysis
Compensation vs Market: Jebb's total compensation ($USD548.53K) is above average for companies of similar size in the ZA market ($USD279.53K).
Compensation vs Earnings: Jebb's compensation has been consistent with company performance over the past year.
Experienced Management: CMH's management team is seasoned and experienced (20.8 years average tenure).
Experienced Board: CMH's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CMH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Combined Motor Holdings Limited's employee growth, exchange listings and data sources
- Name: Combined Motor Holdings Limited
- Ticker: CMH
- Exchange: JSE
- Founded: 1976
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: R1.945b
- Shares outstanding: 74.80m
- Website: https://www.cmh.co.za
Number of Employees
- Combined Motor Holdings Limited
- 1 Wilton Crescent
- Umhlanga Ridge
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 17:02|
|End of Day Share Price||2021/10/22 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.