Motus Holdings Limited

JSE:MTH Stock Report

Market Cap: R19.0b

Motus Holdings Future Growth

Future criteria checks 1/6

Motus Holdings is forecast to grow earnings and revenue by 10.2% and 4.3% per annum respectively. EPS is expected to grow by 9.9% per annum. Return on equity is forecast to be 14% in 3 years.

Key information

10.2%

Earnings growth rate

9.87%

EPS growth rate

Specialty Retail earnings growth10.9%
Revenue growth rate4.3%
Future return on equity14.00%
Analyst coverage

Low

Last updated16 Apr 2026

Recent future growth updates

Recent updates

Narrative Update • May 01

MTH: Dividend And Bolt On Acquisitions Will Support Future Upside Potential

Analysts have adjusted their ZAR price target for Motus Holdings from ZAR170.03 to ZAR156.69 as they factor in updated assumptions for revenue growth, profit margins, the discount rate, and a lower future P/E multiple. What's in the News The Board declared a gross interim ordinary dividend of ZAR3.00 per ordinary share, payable to holders of 177,963,447 ordinary shares out of income reserves (Key Developments).
Narrative Update • Apr 17

MTH: Organic Expansion And Dividends Will Drive Future Upside Potential

Analysts have trimmed their price target for Motus Holdings from about ZAR149.25 to about ZAR145.34, citing updated assumptions for discount rate, revenue growth, profit margin, and future P/E that slightly temper their valuation. What's in the News The Board declared a gross interim ordinary dividend of ZAR3.00 per share, payable to holders of 177,963,447 ordinary shares, sourced from income reserves, with a 20% local dividend tax applying to shareholders who are not exempt (Key Developments).
Narrative Update • Apr 02

MTH: Organic Expansion And Dividends Will Support Future Upside

Analysts have kept their ZAR fair value estimate for Motus Holdings steady at ZAR149.25 per share, with only marginal tweaks to assumptions such as the discount rate, revenue growth, profit margin and future P/E, resulting in no material change to the overall price target. What's in the News The Board declared a gross interim ordinary dividend of ZAR3.00 per ordinary share, paid out of income reserves, for 177,963,447 ordinary shares, subject to a 20% local dividend tax where applicable (Key Developments).
Narrative Update • Mar 19

MTH: Organic Expansion And Share Buybacks Will Support Future Upside

Analysts have raised their ZAR price target for Motus Holdings from ZAR137.50 to about ZAR149.25, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News Management reiterated that Motus Holdings is not pursuing large acquisitions and is instead considering small bolt on deals alongside share repurchases as part of its overall approach to growth (Key Developments).
Narrative Update • Mar 05

MTH: I Expect Stretched Pricing Will Persist As Organic Focus Limits Upside

Analysts have maintained their ZAR115.00 price target for Motus Holdings, indicating only minor adjustments to the discount rate, revenue growth expectations and profit margin assumptions, rather than a change in their overall view on the company. What's in the News Management has reiterated that Motus Holdings will not pursue large acquisitions and will instead focus on small bolt-on deals, considered alongside potential share repurchases, as part of its broader capital allocation approach (Key Developments).
Narrative Update • Feb 19

MTH: I Expect Stretched Pricing Will Persist Despite Softer Discount Rate

Analysts have kept their ZAR115.00 price target for Motus Holdings unchanged, citing only marginal shifts in the discount rate, revenue growth, profit margin and expected future P/E as reasons to maintain their existing view rather than re-rate the shares. Valuation Changes Fair Value: ZAR115.00 remains unchanged, indicating no adjustment to the central valuation outcome.
Narrative Update • Feb 05

MTH: Fair Value Will Likely Remain Stretched Despite Modest Assumption Tweaks

Analysts have kept their fair value estimate for Motus Holdings steady at R115.00, pointing to only small adjustments in assumptions for discount rate, revenue growth, profit margin and future P/E as the basis for maintaining the current target. Valuation Changes Fair Value: Kept steady at ZAR115.00 per share, with no change in the central estimate.
Narrative Update • Jan 21

MTH: Fair Value Will Likely Remain Stretched Despite Modest Assumption Tweaks

Analysts have maintained their fair value estimate for Motus Holdings at R115.00, citing only small tweaks to underlying assumptions such as a slightly lower discount rate, marginally higher revenue growth and profit margin expectations, and a modestly lower future P/E input. Valuation Changes Fair Value Estimate: Kept steady at ZAR115.00 per share.
Narrative Update • Jan 07

MTH: Fair Value Will Likely Hold With Gradual Profitability Improvements

Analysts have kept their fair value estimate for Motus Holdings steady at R115.00, with small adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions guiding this unchanged price target. Valuation Changes Fair Value: Kept unchanged at ZAR115.00 per share.
Narrative Update • Dec 14

MTH Will Likely See Improved Profitability With Modest Near-Term Expectations

Analysts have raised their price target on Motus Holdings from R103.00 to R115.00, citing expectations of improved profitability and a higher future earnings multiple, despite slightly lower projected revenue growth and a modestly reduced discount rate. Valuation Changes Fair Value: Increased from ZAR 103.00 to ZAR 115.00, reflecting a moderate upward revision in the estimated intrinsic value per share.
Narrative Update • Sep 20

African Urbanisation And Digitalisation Will Transform Personal Mobility

Motus Holdings’ higher analyst price target reflects notable improvements in future P/E and net profit margin, indicating increased earnings expectations and justifying the new fair value of ZAR137.50. What's in the News Motus Holdings anticipates improved financial performance for the six months ending 31 December 2025, with growth in operating profit and headline earnings per share.
User avatar
New Narrative • Feb 09

Leveraging Volume Purchasing From China Will Optimize UK Operations

Enhanced global procurement strategies and leveraging volume purchases from China aim to optimize cost and improve margins.
Analysis Article • Jan 19

Is It Time To Consider Buying Motus Holdings Limited (JSE:MTH)?

Motus Holdings Limited ( JSE:MTH ), is not the largest company out there, but it saw a decent share price growth of 18...
Analysis Article • Nov 23

Motus Holdings (JSE:MTH) Takes On Some Risk With Its Use Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Nov 02

We Take A Look At Why Motus Holdings Limited's (JSE:MTH) CEO Compensation Is Well Earned

Key Insights Motus Holdings' Annual General Meeting to take place on 8th of November Salary of R11.3m is part of CEO...
Analysis Article • Sep 16

Why Investors Shouldn't Be Surprised By Motus Holdings Limited's (JSE:MTH) Low P/E

With a price-to-earnings (or "P/E") ratio of 4.7x Motus Holdings Limited ( JSE:MTH ) may be sending bullish signals at...
Analysis Article • Aug 30

Here's What's Concerning About Motus Holdings' (JSE:MTH) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article • Jul 28

What Is Motus Holdings Limited's (JSE:MTH) Share Price Doing?

Motus Holdings Limited ( JSE:MTH ), might not be a large cap stock, but it saw a double-digit share price rise of over...

Earnings and Revenue Growth Forecasts

JSE:MTH - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
6/30/2028125,3733,5573,5986,8715
6/30/2027120,2793,3082,9166,1045
6/30/2026116,6522,9873,4715,6525
12/31/2025114,0862,6716,3227,418N/A
9/30/2025113,3422,5615,4296,544N/A
6/30/2025112,5982,4514,5365,669N/A
3/31/2025112,6852,4513,6954,809N/A
12/31/2024112,7722,4512,8533,949N/A
9/30/2024113,2682,4442,6703,741N/A
6/30/2024113,7642,4362,4863,533N/A
3/31/2024113,0282,6914651,527N/A
12/31/2023112,2912,946-1,556-479N/A
9/30/2023109,4153,150-1,877-833N/A
6/30/2023106,5383,354-2,199-1,187N/A
3/31/2023102,5543,387-1,335-353N/A
12/31/202298,5693,420-471481N/A
9/30/202295,2743,3556471,607N/A
6/30/202291,9783,2901,7652,733N/A
3/31/202289,8322,9251,6352,521N/A
12/31/202187,6852,5601,5042,309N/A
9/30/202187,4452,3293,5004,182N/A
6/30/202187,2052,0985,4956,055N/A
3/31/202181,5061,2196,5817,063N/A
12/31/202075,8063397,6668,070N/A
9/30/202074,6123234,6865,140N/A
6/30/202073,4173061,7062,209N/A
3/31/202077,8521,0991,5322,191N/A
12/31/201982,2861,8921,3582,173N/A
9/30/201980,9991,880N/A2,458N/A
6/30/201979,7111,868N/A2,743N/A
3/31/201978,3672,070N/A2,827N/A
12/31/201877,0222,271N/A2,910N/A
9/30/201877,0122,309N/A3,606N/A
6/30/201877,0012,346N/A4,301N/A
6/30/201766,1291,605N/A1,337N/A
6/30/201665,5381,685N/A-545N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: MTH's forecast earnings growth (10.2% per year) is above the savings rate (9.8%).

Earnings vs Market: MTH's earnings (10.2% per year) are forecast to grow slower than the ZA market (15.8% per year).

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

Revenue vs Market: MTH's revenue (4.3% per year) is forecast to grow slower than the ZA market (7% per year).

High Growth Revenue: MTH's revenue (4.3% 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 (14%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 08:46
End of Day Share Price 2026/05/08 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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.

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 Github.

Analyst Sources

Motus Holdings Limited is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brent MadelAbsa Bank Limited
Robin KowalskyArqaam Capital Research Offshore S.A.L.
Brian PyleAvior Capital Markets