| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M ZAR |
Estimates in M ZAR |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 11 569 | 13 397 | 14 916 | 16 914 | 18 998 | 21 127 | | Operating income (EBITDA) | 1 421 | 1 710 | 1 795 | 2 214 | 2 537 | 2 873 | | Operating profit (EBIT) | 1 089 | 1 315 | 1 320 | 1 682 | 1 968 | 2 264 | | Pre-Tax Profit (EBT) | 873 | - | - | 1 563 | 1 868 | 2 081 | | Net income | 600 | - | - | 1 098 | 1 311 | 1 461 | | EPS (cts ZAR) | 558 | 724 | 537 | 952 | 1 135 | 1 264 | | Dividend per Share (cts ZAR) | 205 | 257 | 263 | 329 | 387 | 437 | | Yield | 1,96% | 2,46% | 2,52% | 3,15% | 3,70% | 4,18% | | Announcement Date | 02/22/2011 06:05am | 02/21/2012 05:05am | 02/26/2013 05:05am | - | - | - |
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Actuals in M ZAR |
Estimates in M ZAR |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 1 769 | 1 867 | 1 841 | 1 982 | 2 055 | 2 041 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 1 421 | 1 710 | 1 795 | 2 214 | 2 537 | 2 873 | Leverage (Debt/EBITDA) | 1,24x | 1,09x | 1,03x | 0,90x | 0,81x | 0,71x | | Capital Expenditure | 634 | - | - | 1 100 | 970 | 940 | | Book Value Per Share (BVPS) | 4 022 cts ZAR | 4 200 cts ZAR | 4 798 cts ZAR | 5 239 cts ZAR | 5 832 cts ZAR | 6 571 cts ZAR | | Cash Flow per Share | 903 cts ZAR | 397 cts ZAR | 539 cts ZAR | 1 297 cts ZAR | 1 499 cts ZAR | 1 772 cts ZAR | | Announcement Date | 02/22/2011 06:05am | 02/21/2012 05:05am | 02/26/2013 05:05am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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11,0x |
9,21x |
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Capitalization / Revenue
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0,80x |
0,71x |
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EV / Revenue
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0,91x |
0,82x |
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EV / EBITDA
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6,98x |
6,12x |
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Yield (DPS / Price)
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3,15% |
3,70% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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9,94% |
10,4% |
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operating laverage (Delta EBIT / Delta Sales)
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2,05x |
1,38x |
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Net Margin (Net Profit / Revenue)
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6,49% |
6,90% |
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ROA (Net Profit / Asset)
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11,4% |
12,1% |
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ROE (Net Profit / Equities)
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17,5% |
19,7% |
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Rate of Dividend
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34,6% |
34,1% |
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