Page 195 - Profile's Stock Exchange Handbook - 2021 Issue 3

Profile’s Stock Exchange Handbook: 2021 – Issue 3 JSE – REM
REMGRO Forecast Data REMGRO Analysis Data
Market Cap at 11 Jun 2021: R64 422m VALUATION DATA
Shares in issue: 529 217 007 Dec 20 Jun 20 Jun 19 Jun 18 Jun 17
Interim Final Final Final Final
REM Price(c) at 11 Jun 2021: 12 173
MrktCap (Rm) 54 668 56 771 77 467 84 224 88 009
REM Hi/Lo Price(c) (24 Mnths): 14 605/8 002 Pct chng - 3.7 - 26.7 - 8.0 - 4.3 - 7.8
REM P/E at 11 Jun 2021: 375.71 P/E at prd end 31.28 10.43 12.96 14.64 16.45
Hi/Lo REM P/E (6 Mnths): 380.46/30.26 Tr 5 yr avg 17.15 14.19 16.06 17.26 19.00
Hi/Lo Index P/E (6 Mnths): 31.93/20.83 Index prd end P/E 23.10 11.20 15.09 17.16 13.13
REM Volatility (36 Mnths): 7.27 Tr 5 yr avg 15.94 13.80 14.18 14.25 13.29
HEPS DPS (ZARc) NAV (ZAR/cps)
CONSENSUS 1100 18000
VIEW:
880 14400
BUY
BUY HOLD SELL 660 10800
440 7200
EARNINGS FORECASTS Jun 21 F Jun 22 F Jun 23 F
220 3600
HEPS HEPS HEPS
Number of contributors 5 5 2 0 Jun 16 Jun 17 Jun 18 Jun 19 Jun 20 0 Jun 16 Jun 17 Jun 18 Jun 19 Jun 20
High estimate 998.0 1 303.0 1 243.0
Low estimate 527.0 937.0 1 196.0 MORE RATIOS AND STATS (Finals only)
Standard deviation 170.0 136.3 23.5 Jun 20 Jun 19 Jun 18 Jun 17 Jun 16
Final Final Final Final Final(rst)
Profile Media Consensus 672.4 1 036.4 1 219.5
Sales/Share(c) 9 687.00 10 071.00 5 489.00 4 987.00 5 279.00
Pct change prev year 118.7% 54.1% 17.7%
Pct chng - 3.8 83.5 10.1 - 5.5 6.1
Prospective P/E 18.1 11.7 10.0
Tr 5 yr avg 7 103.00 6 160.00 5 105.00 4 649.00 4 178.00
Fwd price: hi REM P/E, hi est 379702 495743 472915 Price/Sales ps 1.03 1.35 2.70 3.11 3.50
Fwd price: hi REM P/E, lo est 200504 356494 455034 Price/NAV 0.65 0.76 1.18 1.31 1.66
Fwd price: lo REM P/E, hi est 30196 39425 37609 Price/CashFlow 30.62 30.49 41.82 31.58 64.54
Fwd price: lo REM P/E, lo est 15945 28351 36187 Tr 3 yr avg TotRet - 11.08 - 6.79 - 4.58 - 0.68 12.13
Tr 5 yr avg TotRet - 9.43 - 1.73 3.42 12.24 21.61
DIVIDEND FORECASTS Jun 21 F Jun 22 F Jun 23 F Volatility 6.9 5.2 5.0 5.0 5.1
DPS DPS DPS
Number of contributors 2 2 1 Risk / Return Profile PEG inverse: -0.04
High estimate 226.0 311.0 305.0 100 380
Low estimate 119.0 245.0 305.0 PEG = 1
Standard deviation 53.5 33.0 -
Profile Media Consensus 172.5 278.0 305.0 3Yr Compound Return 40 5 Yr Average HEPS Growth
Pct change prev year - 16.3% 61.2% 9.7%
Prospective DY 1.4% 2.3% 2.5%
-20 -20
0 20 40 -20 380
Historical PE Range Volatility P/E
HISTORICAL SHARE PRICE PERFORMANCE DATA
Annualised returns with divs reinvested to 31 May 21
p.a. Return Grwth in Annualised Volatility
R1000 Inflation
93.28 Avg High
49.39 Average 1 Yr 19.54% 1 195 4.44% 5.8
15.23 Avg Low
2017 2018 2019 2020 2021
2 Yr - 3.60% 929 3.24% 8.2
3 Yr - 4.65% 867 3.65% 7.5
5 Yr - 5.31% 761 4.16% 6.6
Lo PE Lo Lo PE Hi Hi PE Lo Hi PE Hi
REMGRO P/E
Est Est Est Est
7 Yr - 1.95% 872 4.50% 6.2
375.71 500000
10 Yrs 6.69% 1 912 4.93% 6.2
302.34 400000
228.97 300000
Total Return Index for REMGRO TRI Price
155.61 200000
10
82.24 100000 0
Percentage growthincluding dividends -20
8.87 0 -10
| 2019 | 2020 | 2021 | 2022 | 2023 |
Forecast HEPS Growth Forecast DPS Growth -30
1300 310 -40
9.7%
17.7% 61.2% -50
1040 248 2016 | 2017 | 2018 | 2019 | 2020 |
54.1%
780 186
-16.3%
118.7%
520 124
260 62
0 0
2020 2021 2022 2023 2020 2021 2022 2023
Actual Actual
193