Naspers Limited

JSE:NPN Stock Report

Market Cap: R948.3b

Naspers Future Growth

Future criteria checks 1/6

Naspers is forecast to grow earnings and revenue by 4.4% and 12.7% per annum respectively. EPS is expected to grow by 11.8% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

4.4%

Earnings growth rate

11.76%

EPS growth rate

Multiline Retail earnings growth14.8%
Revenue growth rate12.7%
Future return on equity18.63%
Analyst coverage

Good

Last updated13 Nov 2025

Recent future growth updates

Recent updates

Investors Appear Satisfied With Naspers Limited's (JSE:NPN) Prospects

Nov 09
Investors Appear Satisfied With Naspers Limited's (JSE:NPN) Prospects

Is Now An Opportune Moment To Examine Naspers Limited (JSE:NPN)?

Oct 03
Is Now An Opportune Moment To Examine Naspers Limited (JSE:NPN)?

Naspers (JSE:NPN) Might Have The Makings Of A Multi-Bagger

Aug 15
Naspers (JSE:NPN) Might Have The Makings Of A Multi-Bagger

Naspers Limited's (JSE:NPN) Earnings Haven't Escaped The Attention Of Investors

Jul 31
Naspers Limited's (JSE:NPN) Earnings Haven't Escaped The Attention Of Investors

Naspers' (JSE:NPN) Earnings Are Of Questionable Quality

Jun 30
Naspers' (JSE:NPN) Earnings Are Of Questionable Quality

Should You Investigate Naspers Limited (JSE:NPN) At R5,235?

Jun 23
Should You Investigate Naspers Limited (JSE:NPN) At R5,235?
User avatar

AI-Driven E-commerce And Capital Investments Will Transform Operations

Strategic investments in competitive regions and AI-driven innovations aim to enhance revenue, net margins, and operational efficiency.

Is Naspers (JSE:NPN) Using Too Much Debt?

Mar 27
Is Naspers (JSE:NPN) Using Too Much Debt?

Why Investors Shouldn't Be Surprised By Naspers Limited's (JSE:NPN) 27% Share Price Surge

Feb 18
Why Investors Shouldn't Be Surprised By Naspers Limited's (JSE:NPN) 27% Share Price Surge

Is Naspers (JSE:NPN) Using Too Much Debt?

Dec 27
Is Naspers (JSE:NPN) Using Too Much Debt?

Earnings and Revenue Growth Forecasts

JSE:NPN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202810,3376,989N/AN/A5
3/31/202710,2904,8511,9412,9567
3/31/20268,6804,3461,5232,4097
3/31/20257,1815,3701,7701,905N/A
9/30/20246,8673,4701,2871,405N/A
6/30/20246,6493,2981,1121,220N/A
3/31/20246,4313,1259371,034N/A
12/31/20236,3203,870715858N/A
9/30/20236,2084,615493682N/A
6/30/20236,0844,3207253N/A
3/31/20235,9604,024-479-177N/A
9/30/20225,7902,301-987-646N/A
6/30/20226,0427,236-983-674N/A
3/31/20226,29412,170-979-702N/A
12/31/20217,16413,122-739-497N/A
9/30/20216,70014,114-500-293N/A
6/30/20216,3179,709-283-110N/A
3/31/20215,9345,304-6773N/A
12/31/20205,3514,142N/AN/AN/A
9/30/20204,7682,980-111-24N/A
6/30/20204,3853,039-210-110N/A
3/31/20204,0013,097-309-196N/A
9/30/20193,5093,04163197N/A
6/30/20193,4003,592159304N/A
3/31/20193,2914,142255410N/A
9/30/20181,39213,435N/A282N/A
6/30/20182,18912,302N/A62N/A
3/31/20182,98511,168N/A-158N/A
12/31/20176,4527,113N/A-148N/A
9/30/20176,2452,875N/A-139N/A
6/30/20176,1722,606N/A-89N/A
3/31/20176,0982,337N/A-40N/A
12/31/20166,0021,638N/A-57N/A
9/30/20165,905938N/A-74N/A
6/30/20165,918966N/A2N/A
3/31/20165,930994N/A78N/A
12/31/20156,2531,044N/A186N/A
9/30/20157,0661,220N/A302N/A
6/30/20156,6461,194N/A228N/A
3/31/20156,5691,257N/A159N/A
12/31/20146,2431,130N/A131N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NPN's forecast earnings growth (4.4% per year) is below the savings rate (9.8%).

Earnings vs Market: NPN's earnings (4.4% per year) are forecast to grow slower than the ZA market (17.8% per year).

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

Revenue vs Market: NPN's revenue (12.7% per year) is forecast to grow faster than the ZA market (6.2% per year).

High Growth Revenue: NPN's revenue (12.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NPN's Return on Equity is forecast to be low in 3 years time (18.6%).

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/15 01:24
End of Day Share Price 2025/11/14 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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

Naspers Limited is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Maurice PatrickBarclays
Andrew RossBarclays
John-Paul DavidsBarclays