Page 76 - Stock Exchange Handbook 2020 - Issue 3

JSE – ADV Profile’s Stock Exchange Handbook: 2020 – Issue 3
SPONSOR: Bridge Capital Advisors (Pty) Ltd.
ADvTECH Ltd. AUDITORS: Deloitte & Touche
ADV BANKERS: Absa Bank Ltd.
ISIN: ZAE000031035
SEGMENTAL REPORTING as at 31 Dec 19 (asa%of Revenue)
SHORT: ADvTECH Schools 43.59%
CODE: ADH Tertiary 42.00%
REG NO: 1990/001119/06 Resourcing 14.50%
FOUNDED: 1978 Intra Group -0.09%
LISTED: 1987
CALENDAR Expected Status
NATURE OF BUSINESS: Next Interim Results 31 Aug 2020 Confirmed
Founded in 1978, the ADvTECH group is Africa’s largest Next Final Results Mar 2021 Unconfirmed
private education provider and a continental leader in quality Annual General Meeting May 2021 Unconfirmed
education,training,skillsdevelopmentandplacementservices.
The group reports its performance in a segmental structure re- CAPITAL STRUCTURE AUTHORISED ISSUED
flecting the schools (split in South Africa and rest of Africa) and ADH Ords no par value 1 000 000 000 548 766 976
tertiary as two separate education divisions, and resourcing as DISTRIBUTIONS [ZARc]
the third division. Ords no par value Ldt Pay Amt
Interim No 20 23 Sep 19 30 Sep 19 15.00
SECTOR: Consumer Srvcs—Retail—Gen Retailers—Spec Cons Srvcs Final No 19 9 Apr 19 15 Apr 19 15.00
Interim No 18 11 Sep 18 17 Sep 18 15.00
MAJOR ORDINARY SHAREHOLDERS as at 31 Mar 2020
Coronation Fund Managers 19.63% Final No 17 10 Apr 18 16 Apr 18 19.00
Public Investment Corporation 9.97% LIQUIDITY: Apr20 Ave 3m shares p.w., R31.4m(24.1% p.a.)
Visio Capital Management 9.69%
CONS 40 Week MA ADVTECH
FINANCIAL STATISTICS
2051
(Amts in ZAR’000) Dec 19 Dec 18 Dec 17 Dec 16 Dec 15
Final Final(rst) Final(rst) Final(rst) Final 1759
Turnover 5 108 000 4 389 000 3 937 700 3 353 100 2 707 700
Op Inc 869 100 808 200 668 000 608 100 448 300 1467
NetIntPd(Rcvd) 221 800 192 000 99 100 81 700 119 700
Tax 192 500 180 600 160 100 148 500 102 500 1175
Minority Int - 1 100 10 100 10 700 5 500 1 200
Att Inc 469 400 386 000 367 000 372 400 224 900 883
TotCompIncLoss 449 800 448 700 371 300 371 600 238 000 591
Hline Erngs-CO 463 700 382 900 367 500 373 500 228 400 2015 | 2016 | 2017 | 2018 | 2019 |
Fixed Ass 4 884 000 4 016 400 3 575 900 2 834 000 2 593 400
Inv in JV 7 600 6 200 - - -
Inv & Loans - - 12 000 12 000 12 000
Def Tax Asset 40 500 12 600 13 500 9 800 -
Tot Curr Ass 602 900 571 400 438 600 402 600 408 500
Ord SH Int 3 400 400 3 123 700 2 829 300 2 639 600 2 231 100
Minority Int 19 900 27 200 31 400 26 000 11 500
LT Liab 2 414 500 2 068 200 1 270 400 857 300 899 100
Tot Curr Liab 1 809 200 1 533 900 1 882 800 1 112 200 1 149 100
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 87.10 72.00 68.70 70.90 50.20
HEPS-C (ZARc) 86.00 71.40 68.80 71.10 51.00
Pct chng p.a. 20.4 3.8 - 3.2 39.4 26.6
Tr 5yr av grwth % 17.4 14.7 16.4 13.6 7.5
DPS (ZARc) 15.00 30.00 34.00 32.50 29.50
Pct chng p.a. - 50.0 - 11.8 4.6 10.2 13.5
Tr 5yr av grwth % - 6.7 3.7 7.3 4.8 7.0
NAV PS (ZARc) 623.20 571.20 526.50 489.60 424.70
3 Yr Beta 0.04 0.06 - 0.12 - 0.20 - 0.19
Price High 1 546 1 782 2 100 1 880 1 482
Price Low 956 1 341 1 450 1 271 845
Price Prd End 1 080 1 500 1 685 1 717 1 456
RATIOS
Ret on SH Fnd 13.69 12.68 13.35 14.18 10.03
Ret On Tot Ass 10.81 12.20 12.73 16.16 10.90
Oper Pft Mgn 17.01 18.41 16.96 18.14 16.56
D:E 0.98 0.87 0.79 0.50 0.63
Int Cover 3.98 4.00 6.43 7.44 3.75
Current Ratio 0.33 0.37 0.23 0.36 0.36
Div Cover 5.81 2.40 2.02 2.18 1.70
NUMBER OF EMPLOYEES: 7 876
DIRECTORS: Boulle C H (Chair, ind ne),
Douglas R J (CEO), Oesch J D R (Group
Commercial Director), Chimhanzi Dr J S (ind ne),
Gugushe K M (ind ne), Hofmeyr Dr J M (ind ne),
Masie S C (ind ne), Warburton K D M (ind ne),
Zimmermann J Y (ind ne), Zinn Prof S A (ind ne)
POPULAR BRAND NAMES: Abbotts College,
Africa HR Solutions, CA Financial Appointments,
CA Global, Capsicum Culinary Studio, Cassel &
Company, Centurus Colleges, Communicate Scan the QR code to
Recruitment, CrawfordSchools TM , Gaborone visit our website
International School, IIE MSA, Junior Colleges,
Makini Schools, Maragon, Network Recruitment, Oxbridge Academy,
Pinnacle Colleges, Rosebank College, Tech-Pro Personnel, The Bridge, The
Independent Institute of Education, The Private Hotel School, The Working
Earth, Trinityhouse, Varsity College, Vega
POSTAL ADDRESS: PO Box 2369, Randburg, 2125
EMAIL: investorrelations@advtech.co.za
WEBSITE: www.advtech.co.za
TELEPHONE: 011-676-8000 FAX: 011-783-0345
COMPANY SECRETARY: Nwabisa Piki
TRANSFER SECRETARY: Link Market Services South Africa (Pty) Ltd.
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