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MTH

Motus HoldingsJSE:MTH Stock Report

Market Cap

R18.8b

7D

4.7%

1Y

126.0%

Updated

19 Oct, 2021

Data

Company Financials +
MTH fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends3/6

MTH Overview

Motus Holdings Limited operates in the automotive sector in South Africa, the United Kingdom, Australia, South East Asia, and Southern Africa.

Motus Holdings Competitors

Bidvest Group

JSE:BVT

R64.9b

Barloworld

JSE:BAW

R27.1b

Price History & Performance

Summary of all time highs, changes and price drops for Motus Holdings
Historical stock prices
Current Share PriceR103.04
52 Week HighR40.23
52 Week LowR110.00
Beta1.46
1 Month Change-3.93%
3 Month Change21.05%
1 Year Change125.96%
3 Year Changen/a
5 Year Changen/a
Change since IPO22.00%

Recent News & Updates

Shareholder Returns

MTHZA Specialty RetailZA Market
7D4.7%2.3%0.7%
1Y126.0%66.7%20.7%

Return vs Industry: MTH exceeded the ZA Specialty Retail industry which returned 66.7% over the past year.

Return vs Market: MTH exceeded the ZA Market which returned 20.7% over the past year.

Price Volatility

Is MTH's price volatile compared to industry and market?
MTH volatility
MTH Beta1.46
Industry Beta0.91
Market Beta1

Stable Share Price: MTH is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: MTH's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194816,000Osman Arbeehttps://www.motus.co.za

Motus Holdings Limited operates in the automotive sector in South Africa, the United Kingdom, Australia, South East Asia, and Southern Africa. It operates through four segments: Import and Distribution, Retail and Rental, Financial Services, and Aftermarket Parts. The Import and Distribution segment imports and distributes passenger and light commercial vehicles, as well as its parts to a network of dealerships, car rental companies, fleets, and government institutions.

Motus Holdings Fundamentals Summary

How do Motus Holdings's earnings and revenue compare to its market cap?
MTH fundamental statistics
Market CapR18.80b
Earnings (TTM)R2.10b
Revenue (TTM)R87.21b

9.0x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MTH income statement (TTM)
RevenueR87.21b
Cost of RevenueR81.86b
Gross ProfitR5.35b
ExpensesR3.25b
EarningsR2.10b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Feb 22, 2022

Earnings per share (EPS)11.48
Gross Margin6.13%
Net Profit Margin2.41%
Debt/Equity Ratio42.2%

How did MTH perform over the long term?

See historical performance and comparison

Dividends

4.9%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is Motus Holdings undervalued compared to its fair value and its price relative to the market?

8.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: MTH (ZAR103.04) is trading above our estimate of fair value (ZAR66.27)

Significantly Below Fair Value: MTH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MTH is good value based on its PE Ratio (9x) compared to the ZA Specialty Retail industry average (10.2x).

PE vs Market: MTH is good value based on its PE Ratio (9x) compared to the ZA market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: MTH is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: MTH's PB Ratio (1.6x) is in line with the ZA Specialty Retail industry average.


Future Growth

How is Motus Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTH's forecast earnings growth (11.3% per year) is above the savings rate (8.8%).

Earnings vs Market: MTH's earnings (11.3% per year) are forecast to grow slower than the ZA market (12.3% per year).

High Growth Earnings: MTH's earnings are forecast to grow, but not significantly.

Revenue vs Market: MTH's revenue (4.6% per year) is forecast to grow slower than the ZA market (6.1% per year).

High Growth Revenue: MTH's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MTH's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Motus Holdings performed over the past 5 years?

-15.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MTH has high quality earnings.

Growing Profit Margin: MTH's current net profit margins (2.4%) are higher than last year (0.4%).


Past Earnings Growth Analysis

Earnings Trend: MTH's earnings have declined by 15.3% per year over the past 5 years.

Accelerating Growth: MTH's earnings growth over the past year (585.6%) exceeds its 5-year average (-15.3% per year).

Earnings vs Industry: MTH earnings growth over the past year (585.6%) exceeded the Specialty Retail industry 137.3%.


Return on Equity

High ROE: MTH's Return on Equity (17.6%) is considered low.


Financial Health

How is Motus Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MTH's short term assets (ZAR25.8B) exceed its short term liabilities (ZAR20.0B).

Long Term Liabilities: MTH's short term assets (ZAR25.8B) exceed its long term liabilities (ZAR6.3B).


Debt to Equity History and Analysis

Debt Level: MTH's debt to equity ratio (42.2%) is considered high.

Reducing Debt: MTH's debt to equity ratio has reduced from 63.5% to 42.2% over the past 5 years.

Debt Coverage: MTH's debt is well covered by operating cash flow (118%).

Interest Coverage: MTH's interest payments on its debt are well covered by EBIT (6.2x coverage).


Balance Sheet


Dividend

What is Motus Holdings's current dividend yield, its reliability and sustainability?

4.95%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: MTH's dividend (4.95%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).

High Dividend: MTH's dividend (4.95%) is low compared to the top 25% of dividend payers in the ZA market (8.06%).


Stability and Growth of Payments

Stable Dividend: MTH has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: MTH's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36%), MTH's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: MTH's dividends in 3 years are forecast to be well covered by earnings (40.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.3yrs

Average management tenure


CEO

Osman Arbee (62 yo)

4.58yrs

Tenure

R26,739,000

Compensation

Mr. Osman Suluman Arbee, BAcc, CA(SA), HDip Tax, serves as Chief Executive Officer and Executive Director of Motus Holdings Limited since March 1, 2017 and October 12, 2017 respectively. Mr. Arbee was Exec...


CEO Compensation Analysis

Compensation vs Market: Osman's total compensation ($USD1.84M) is above average for companies of similar size in the ZA market ($USD918.78K).

Compensation vs Earnings: Osman's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: MTH's management team is considered experienced (4.3 years average tenure).


Board Members

Experienced Board: MTH's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: MTH insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Motus Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Motus Holdings Limited
  • Ticker: MTH
  • Exchange: JSE
  • Founded: 1948
  • Industry: Automotive Retail
  • Sector: Retail
  • Market Cap: R18.804b
  • Shares outstanding: 182.77m
  • Website: https://www.motus.co.za

Number of Employees


Location

  • Motus Holdings Limited
  • 1 Van Buuren Road
  • Corner Geldenhuis and Van Dort Streets
  • Bedfordview
  • Gauteng
  • 2008
  • South Africa

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 17:03
End of Day Share Price2021/10/19 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.