OUTsurance Group Ltd

Chart & Performance

D1W1MN

P/E

2,566.84

P/S

323.33

EPS

2.65

Div Yield, %

0.02%

Shrs. gr., 5y

0.31%

Rev. gr., 5y

15.05%

Revenues

34.13b

+30.78%

Net income

4.06b

+39.31%

CFO

3.25b

-42.22%

Dividend

Oct 16, 2024153.2 ZAR/sh

Earnings

Mar 17, 2025

Profile

Rand Merchant Investment Holdings Limited, an investment holding company, provides various financial products and services in South Africa, rest of Africa, the United Kingdom, China, Singapore, Australia, Japan, Europe, the United States, and internationally. It operates through Discovery, Momentum Metropolitan, OUTsurance, and Hastings segments. The company's Discovery segment develops integrated financial products and services for healthcare funding, insurance, and banking markets under the Discovery Health, Discovery Life, Discovery Insure, Discovery Invest, Discovery Vitality, VitalityHealth, VitalityLife, Ping An Health, and Discovery Bank brand names. Its Momentum Metropolitan segment provides financial services comprising life insurance, employee benefits, investments and savings, healthcare solutions, and short-term insurance to individual clients, small and medium businesses, large companies, organizations, and public enterprises under the Momentum and Metropolitan brand names. The company's OUTsurance segment offers direct personal lines and small business short-term insurance; and long-term insurance products, including death, disability, critical illness, funeral, and retrenchment cover to individuals. Its Hastings segment provides digital general insurance services in motor market, which include private car, as well as various personal insurance cover, such as home, van, and bike. The company was formerly known as Rand Merchant Insurance Holdings Limited and changed its name to Rand Merchant Investment Holdings Limited in January 2016. Rand Merchant Investment Holdings Limited was founded in 1977 and is based in Johannesburg, South Africa.

URL

https://rmih.co.za/

IPO date

Mar 07, 2011

Employees

Domiciled in

Incorporated in

Valuation

Order:

Title ZAR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title ZAR in thousands, except ratios and share amounts	2024‑06	2023‑06	2022‑06	2021‑06	2020‑06	2019‑06	2018‑06	2017‑06	2016‑06	2015‑06
Income
Revenues	34,133,000 30.78%	26,099,000 24.03%	21,043,000 10.97%
Cost of revenue	4,950,000	2,555,000	2,066,000
Unusual Expense (Income)
NOPBT	29,183,000	23,544,000	18,977,000
NOPBT Margin	85.50%	90.21%	90.18%
Operating Taxes	1,794,000	1,431,000	1,027,000
Tax Rate	6.15%	6.08%	5.41%
NOPAT	27,389,000	22,113,000	17,950,000
Net income	4,061,000 39.31%	2,915,000 71.07%	1,704,000 -41.10%
Dividends	(2,259,000)	(1,513,000)	(3,391,000)
Dividend yield
Proceeds from repurchase of equity	(181,000)		(11,920,000)
BB yield
Debt
Debt current		37,000	36,000
Long-term debt	588,000	123,000	128,000
Deferred revenue		7,199,000
Other long-term liabilities	15,386,000	5,440,000	(75,000)
Net debt	(36,669,000)	(8,739,000)	(25,310,000)
Cash flow
Cash from operating activities	3,249,000	5,623,000	580,000
CAPEX	(185,000)	(155,000)	(95,000)
Cash from investing activities	(509,000)	(4,720,000)	15,458,000
Cash from financing activities	(2,691,000)	(1,827,000)	(16,221,000)
FCF	28,191,000	28,872,000	16,545,000
Balance
Cash	9,895,000	8,102,000	8,208,000
Long term investments	27,362,000	797,000	17,266,000
Excess cash	35,550,350	7,594,050	24,421,850
Stockholders' equity	(100,000)	14,501,000	12,952,000
Invested Capital	31,797,000	19,300,950	17,272,000
ROIC	107.20%	120.93%	85.59%
ROCE	91.54%	87.47%	62.73%
EV
Common stock shares outstanding	1,529,846	1,531,813	1,530,545
Price
Market cap
EV
EBITDA	29,398,000	23,726,000	19,167,000
EV/EBITDA
Interest	73,000	40,000	14,000
Interest/NOPBT	0.25%	0.17%	0.07%