Page 184 - 2021 Issue 2

JSE – NUW Profile’s Stock Exchange Handbook: 2021 – Issue 2
Nu-World Holdings Ltd. NVest Financial Holdings Ltd.
NUW NVE
ISIN: ZAE000005070 ISIN: ZAE000199865 SHORT: NVEST CODE: NVE
SHORT: NUWORLD REG NO: 2008/015990/06 FOUNDED: 2008 LISTED: 2015
CODE: NWL NATURE OF BUSINESS: NVest Financial Holdings is a full service
REG NO: 1968/002490/06 financialservicesGroupthatisabletooffersolutionsforthemajorityofthe
FOUNDED: 1946 financial needs of its clients. The core subsidiary companies of the Group
LISTED: 1987 are NFB Private Wealth Management and NVest Securities which are both
NATURE OF BUSINESS: The company is a holding company listed on the asset management and private wealth businesses, with well in excess of
JSE. Its subsidiaries import and export a diversified range of electrical R30.1 billion assets under administration and management. The full
appliances, consumer electronics and branded consumer durables. service offering of the Group is fairly unique in South Africa in that it is an
SECTOR: ConsDiscr—ConsPdts&Servcs—LeisureGds—ConsumerElec independent financial services Group that has its own stock broking
NUMBER OF EMPLOYEES: 395 company which is an equities member of the JSE and is able to leverage off
DIRECTORS: DavidsonFJ(ind ne), JudinJM(ld ind ne), this inherent strength in its product offering both within that stock
Kinross R (ind ne), Piaray D (ind ne), Goldberg M S (Chair), broking company and the financial advisory businesses.
Goldberg J A (CEO), Hindle G R (CFO) SECTOR: AltX
MAJOR ORDINARY SHAREHOLDERS as at 31 Aug 2020 NUMBER OF EMPLOYEES: 159
Inhlanhla Ventures (Pty) Ltd. 30.00% DIRECTORS: Estment M (Executive), Lemmon C G, Mangxamba L (ind
UBS Zurich AG 20.80% ne), RamooDD(ind ne), Schemel D (ne), Weldon ProfLJ(ind ne),
Nu-World Share Trust 5.00% Goldberg J (Chair, ind ne), Godwin A D (CEO), Kwatsha S R (CIO),
POSTAL ADDRESS: PO Box 8964, Johannesburg, 2000 Connellan B J (COO), Herselman C (CFO)
EMAIL: ghindle@nuworld.co.za MAJOR ORDINARY SHAREHOLDERS as at 29 Feb 2020
WEBSITE: www.nuworld.co.za Rayner Sparg Trust 25.16%
TELEPHONE: 011-321-2111 FAX: 011-440-9920 Godwin Trust 25.06%
COMPANY SECRETARY: Travers Cape CA(SA) (interim) The Gavin Ramsay Family Trust 13.85%
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd. POSTAL ADDRESS: PO Box 8132, Nahoon, East London, 5210
SPONSOR: Sasfin Capital (a member of the Sasfin Group) MORE INFO: www.sharedata.co.za/sdo/jse/NVE
AUDITORS: RSM South Africa COMPANY SECRETARY: B J Connellan
TRANSFER SECRETARY: Computershare Investor Services (Pty) Ltd.
CAPITAL STRUCTURE AUTHORISED ISSUED DESIGNATED ADVISOR: AcaciaCap Advisors Sponsors (Pty) Ltd.
NWL Ords 1c ea 30 000 000 22 646 465 AUDITORS: BDO Cape Incorporated
DISTRIBUTIONS [ZARc] CAPITAL STRUCTURE AUTHORISED ISSUED
Ords 1c ea Ldt Pay Amt NVE Ords no par value 1 000 000 000 303 241 722
Final No 27 2 Mar 21 8 Mar 21 195.40
Final No 26 3 Mar 20 9 Mar 20 288.40 DISTRIBUTIONS [ZARc]
Ords no par value Ldt Pay Amt
LIQUIDITY: Apr21 Ave 52 032 shares p.w., R1.3m(11.9% p.a.) Interim No 12 1 Dec 20 7 Dec 20 5.50
IIND 40 Week MA NUWORLD Final No 11 15 Jun 20 22 Jun 20 6.50
4650 LIQUIDITY: Apr21 Ave 22 006 shares p.w., R38 266.7(0.4% p.a.)
ALSH 40 Week MA NVEST
4009
457
3368
394
2727
330
2086
267
1445
2016 | 2017 | 2018 | 2019 | 2020 |
203
FINANCIAL STATISTICS
(R million) Feb 21 Aug 20 Aug 19 Aug 18 Aug 17 2016 | 2017 | 2018 | 2019 | 2020 | 140
Interim Final Final Final Final
Turnover 1 394 2 628 3 032 3 004 2 948 FINANCIAL STATISTICS
Op Inc 116 187 223 269 237 (Amts in ZAR'000) Aug 20 Feb 20 Feb 19 Feb 18 Feb 17
Final
Final Final(rst)
Final
NetIntPd(Rcvd) 3 19 15 28 18 Turnover Interim 310 186 306 336 290 943 282 066
144 360
Tax 28 42 47 55 49 Op Inc 29 740 89 419 92 298 87 398 94 143
Minority Int 1 - 6 - 2 - 5
Att Inc 84 133 163 185 166 NetIntPd(Rcvd) - 451 2 003 4 166 5 311 7 268
263
Minority Int
1 084
1 090
977
1 073
TotCompIncLoss 42 166 170 213 151
Hline Erngs-CO 84 137 163 186 166 Att Inc 28 142 65 481 63 727 59 047 60 978
60 728
TotCompIncLoss
28 405
67 333
66 106
64 483
Fixed Ass 23 22 23 22 23 Fixed Ass 84 953 73 382 47 488 41 099 39 088
Def Tax Asset 30 53 38 36 32
Tot Curr Ass 1 409 1 483 1 605 1 467 1 252 Inv & Loans 251 199 274 256 306 122 308 338 326 181
225 548
197 147
221 660
190 006
143 762
Tot Curr Ass
Ord SH Int 1 356 1 315 1 225 1 132 998
Minority Int 9 8 12 14 17 Ord SH Int 492 411 483 980 451 308 421 090 393 007
2 311
1 877
2 054
2 284
2 437
Minority Int
LT Liab 58 87 15 15 13 LT Liab 75 513 76 652 125 701 158 701 162 462
Tot Curr Liab 152 270 477 429 343
Tot Curr Liab 92 418 100 733 68 286 55 965 52 609
PER SHARE STATISTICS (cents per share) PER SHARE STATISTICS (cents per share)
EPS (ZARc) 388.70 617.00 756.70 869.00 779.20
HEPS-C (ZARc) 388.70 635.50 756.10 869.50 780.00 HEPS-C (ZARc) 13.51 21.30 21.78 19.66 18.45
11.75
5.50
DPS (ZARc)
10.30
11.75
11.00
DPS (ZARc) - 195.40 288.40 327.50 292.70 NAV PS (ZARc) 162.38 159.60 149.07 139.09 129.82
NAV PS (ZARc) 6 303.70 6 113.10 5 695.90 5 235.20 4 674.60 3 Yr Beta - 0.57 - 0.36 0.37 - -
3 Yr Beta - - 0.03 0.07 0.84 0.75 Price High 203 219 210 270 375
Price High 3 200 5 000 4 700 4 500 4 150
51
Price Low 2 050 1 900 3 211 3 205 2 100 Price Low 180 160 150 180 211
197
Price Prd End
270
203
184
Price Prd End 2 750 2 150 4 000 3 600 4 100
RATIOS
RATIOS Ret on SH Fnd 11.49 13.66 14.29 14.21 15.70
Ret on SH Fnd 12.47 9.57 13.04 16.25 16.82 Oper Pft Mgn 20.60 28.83 30.13 30.04 33.38
Ret On Tot Ass 14.95 10.43 12.49 15.81 16.78
Oper Pft Mgn 8.32 7.13 7.36 8.97 8.04 D:E 0.26 0.28 0.35 0.38 0.41
2.73
2.20
Current Ratio
2.89
3.40
2.44
D:E 0.09 0.07 0.17 0.13 0.07
Int Cover 36.26 9.95 14.83 9.52 13.23 Div Cover 1.69 1.84 1.79 1.77 1.96
Current Ratio 9.28 5.50 3.36 3.42 3.65
Div Cover - 3.16 2.62 2.65 2.66
182