Discovery (DSY.JO) Stock Price

Discovery Price

JSE·CLOSED
26,323.00ZAR+29.00 (+0.11 %)
Market closed

Over the last 19 years Discovery grew revenue by 15.7% annually, reaching 86.62 B ZAR. Earnings per share have grown at 14.1% per year over the last 19 years. For Discovery, the net margin of 10.8% is up versus 4.3% a few years ago. At today's price the dividend yield works out to roughly 0.01%. The payout ratio is around 21% of earnings. The dividend has grown at 13.4% per year over the past 19 years. The consensus 12-month price target for Discovery is 271.95 ZAR, about 99.0% below where the stock trades today. Of 11 analysts, 8 rate the stock a buy — an overall Buy consensus. The stock trades about 39% above its 52-week low.

Discovery stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Discovery over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Discovery stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Discovery's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Discovery Stock Price History
DateDiscovery Price
8/5/202626,323.00 ZAR
8/4/202626,294.00 ZAR
7/31/202626,216.00 ZAR
7/30/202625,856.00 ZAR
7/29/202625,824.00 ZAR
7/28/202625,832.00 ZAR
7/27/202625,824.00 ZAR
7/24/202625,505.00 ZAR
7/23/202625,290.00 ZAR
7/22/202625,368.00 ZAR
7/21/202625,266.00 ZAR
7/20/202625,200.00 ZAR
7/17/202625,249.00 ZAR
7/16/202625,762.00 ZAR
7/15/202625,623.00 ZAR
7/14/202625,812.00 ZAR
7/13/202625,823.00 ZAR
7/10/202625,937.00 ZAR
7/9/202625,658.00 ZAR
7/8/202625,378.00 ZAR
7/7/202626,062.00 ZAR
7/6/202626,541.00 ZAR
7/3/202626,224.00 ZAR
7/2/202626,774.00 ZAR
7/1/202626,075.00 ZAR
6/30/202626,423.00 ZAR
6/29/202626,484.00 ZAR
6/26/202628,100.00 ZAR
6/25/202628,213.00 ZAR
6/24/202628,800.00 ZAR
6/23/202628,837.00 ZAR
6/22/202628,812.00 ZAR
6/19/202628,714.00 ZAR
6/18/202628,224.00 ZAR
6/17/202628,181.00 ZAR
6/15/202628,450.00 ZAR
6/12/202628,364.00 ZAR
6/11/202628,057.00 ZAR
6/10/202627,748.00 ZAR
6/9/202627,609.00 ZAR
6/8/202627,341.00 ZAR
6/5/202626,887.00 ZAR
6/4/202626,567.00 ZAR
6/3/202626,889.00 ZAR
6/2/202626,936.00 ZAR
6/1/202627,467.00 ZAR
5/29/202627,546.00 ZAR
5/28/202627,349.00 ZAR
5/27/202627,471.00 ZAR
5/26/202627,125.00 ZAR
5/25/202626,972.00 ZAR
5/22/202626,623.00 ZAR
5/21/202626,400.00 ZAR
5/20/202626,855.00 ZAR
5/19/202626,505.00 ZAR
5/18/202626,679.00 ZAR
5/15/202626,500.00 ZAR
5/14/202626,577.00 ZAR
5/13/202626,436.00 ZAR
5/12/202626,800.00 ZAR
5/11/202627,366.00 ZAR
5/8/202627,350.00 ZAR
5/7/202627,141.00 ZAR
5/6/202626,800.00 ZAR
5/5/202626,115.00 ZAR
5/4/202625,881.00 ZAR
4/30/202625,842.00 ZAR
4/29/202626,248.00 ZAR
4/28/202626,251.00 ZAR
4/24/202626,030.00 ZAR
4/23/202626,153.00 ZAR
4/22/202626,073.00 ZAR
4/21/202626,029.00 ZAR
4/20/202626,133.00 ZAR
4/17/202626,142.00 ZAR
4/16/202626,110.00 ZAR
4/15/202625,972.00 ZAR
4/14/202625,323.00 ZAR
4/13/202625,284.00 ZAR
4/10/202625,350.00 ZAR
4/9/202625,231.00 ZAR
4/8/202625,292.00 ZAR
4/7/202624,628.00 ZAR
4/2/202624,629.00 ZAR
4/1/202624,980.00 ZAR
3/31/202624,830.00 ZAR
3/30/202624,845.00 ZAR
3/27/202625,046.00 ZAR
3/26/202625,405.00 ZAR
3/25/202625,656.00 ZAR
3/24/202624,931.00 ZAR
3/23/202624,913.00 ZAR
3/20/202624,934.00 ZAR
3/19/202625,204.00 ZAR
3/18/202624,750.00 ZAR
3/17/202624,721.00 ZAR
3/16/202624,600.00 ZAR
3/13/202624,730.00 ZAR
3/12/202624,928.00 ZAR
3/11/202625,335.00 ZAR
3/10/202625,274.00 ZAR
3/9/202624,746.00 ZAR
3/6/202625,352.00 ZAR
3/5/202625,963.00 ZAR
3/4/202625,812.00 ZAR
3/3/202625,924.00 ZAR
3/2/202625,805.00 ZAR
2/27/202626,136.00 ZAR
2/26/202626,230.00 ZAR
2/25/202624,368.00 ZAR
2/24/202624,432.00 ZAR
2/23/202624,128.00 ZAR
2/20/202624,093.00 ZAR
2/19/202624,023.00 ZAR
2/18/202623,899.00 ZAR
2/17/202623,699.00 ZAR
2/16/202623,706.00 ZAR
2/13/202623,397.00 ZAR
2/12/202623,940.00 ZAR
2/11/202624,039.00 ZAR
2/10/202624,280.00 ZAR
2/9/202623,650.00 ZAR
2/6/202623,800.00 ZAR
2/5/202623,637.00 ZAR
2/4/202623,687.00 ZAR
2/3/202623,931.00 ZAR
2/2/202623,814.00 ZAR
1/30/202623,521.00 ZAR
1/29/202623,400.00 ZAR
1/28/202622,911.00 ZAR
1/27/202622,995.00 ZAR
1/26/202622,833.00 ZAR
1/23/202623,054.00 ZAR
1/22/202623,068.00 ZAR
1/21/202622,597.00 ZAR
1/20/202622,618.00 ZAR
1/19/202622,658.00 ZAR
1/16/202622,785.00 ZAR
1/15/202622,400.00 ZAR
1/14/202622,100.00 ZAR
1/13/202622,339.00 ZAR
1/12/202622,486.00 ZAR
1/9/202622,588.00 ZAR
1/8/202622,920.00 ZAR
1/7/202623,050.00 ZAR
1/6/202623,050.00 ZAR
1/5/202622,660.00 ZAR
1/2/202622,700.00 ZAR
12/31/202522,758.00 ZAR
12/30/202522,867.00 ZAR
12/29/202522,901.00 ZAR
12/24/202522,811.00 ZAR
12/23/202522,691.00 ZAR
12/22/202522,895.00 ZAR
12/19/202522,985.00 ZAR
12/18/202523,191.00 ZAR
12/17/202522,940.00 ZAR
12/15/202522,774.00 ZAR
12/12/202522,426.00 ZAR
12/11/202522,694.00 ZAR
12/10/202522,868.00 ZAR
12/9/202523,025.00 ZAR
12/8/202522,816.00 ZAR
12/5/202522,886.00 ZAR
12/4/202522,417.00 ZAR
12/3/202522,439.00 ZAR
12/2/202522,178.00 ZAR
12/1/202522,157.00 ZAR
11/28/202521,952.00 ZAR
11/27/202521,751.00 ZAR
11/26/202522,143.00 ZAR
11/25/202522,001.00 ZAR
11/24/202522,153.00 ZAR
11/21/202522,498.00 ZAR
11/20/202522,828.00 ZAR
11/19/202522,780.00 ZAR
11/18/202522,725.00 ZAR
11/17/202523,175.00 ZAR
11/14/202522,713.00 ZAR
11/13/202522,975.00 ZAR
11/12/202522,550.00 ZAR
11/11/202522,011.00 ZAR
11/10/202522,016.00 ZAR
11/7/202521,858.00 ZAR
11/6/202521,821.00 ZAR
11/5/202521,955.00 ZAR
11/4/202521,923.00 ZAR
11/3/202521,939.00 ZAR
10/31/202521,779.00 ZAR
10/30/202522,114.00 ZAR
10/29/202522,236.00 ZAR
10/28/202522,576.00 ZAR
10/27/202522,151.00 ZAR
10/24/202522,211.00 ZAR
10/23/202522,345.00 ZAR
10/22/202522,189.00 ZAR
10/21/202521,779.00 ZAR
10/20/202521,576.00 ZAR
10/17/202521,449.00 ZAR
10/16/202521,792.69 ZAR
10/15/202521,625.00 ZAR
10/14/202521,446.00 ZAR
10/13/202521,290.00 ZAR
10/10/202521,100.00 ZAR
10/9/202520,699.00 ZAR
10/8/202520,071.00 ZAR
10/7/202520,065.00 ZAR
10/6/202520,210.00 ZAR
10/3/202520,100.00 ZAR
10/2/202519,874.00 ZAR
10/1/202519,895.00 ZAR
9/30/202519,700.00 ZAR
9/29/202519,483.00 ZAR
9/26/202519,210.00 ZAR
9/25/202518,983.00 ZAR
9/23/202519,572.05 ZAR
9/22/202519,562.00 ZAR
9/19/202519,909.00 ZAR
9/18/202520,103.27 ZAR
9/17/202520,106.00 ZAR
9/16/202520,313.00 ZAR
9/15/202520,946.00 ZAR
9/12/202520,917.00 ZAR
9/11/202520,453.00 ZAR
9/10/202522,616.00 ZAR
9/9/202522,650.00 ZAR
9/8/202522,360.00 ZAR
9/5/202522,100.00 ZAR
9/4/202522,011.00 ZAR
9/3/202522,200.00 ZAR
9/2/202521,246.00 ZAR
9/1/202521,388.00 ZAR
8/29/202521,700.00 ZAR
8/28/202521,716.00 ZAR
8/27/202521,656.00 ZAR
8/26/202521,692.00 ZAR
8/25/202521,761.00 ZAR
8/22/202521,814.00 ZAR
8/21/202521,332.00 ZAR
8/20/202521,215.00 ZAR
8/19/202521,100.00 ZAR
8/18/202521,150.00 ZAR
8/15/202521,257.00 ZAR
8/14/202521,238.00 ZAR
8/13/202521,350.00 ZAR
8/12/202521,359.00 ZAR
8/11/202521,196.00 ZAR
8/8/202521,316.00 ZAR
8/7/202521,300.00 ZAR
Access this data via the Eulerpool API

Discovery Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
73.71 B ZAR
5.41 B ZAR
3.16 B ZAR
Jan 1, 2022
67.31 B ZAR
7.78 B ZAR
5.42 B ZAR
Jan 1, 2023
70.03 B ZAR
10.69 B ZAR
6.40 B ZAR
Jan 1, 2024
78.29 B ZAR
11.46 B ZAR
7.34 B ZAR
Jan 1, 2025
86.62 B ZAR
14.82 B ZAR
9.33 B ZAR
Jan 1, 2026 (e)
43.72 B ZAR
5.81 B ZAR
10.93 B ZAR
Jan 1, 2027 (e)
27.93 B ZAR
3.71 B ZAR
12.57 B ZAR
Jan 1, 2028 (e)
69.83 B ZAR
9.28 B ZAR
14.39 B ZAR

Discovery Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 6, 2026, 1:39 PM
 
REVENUEB ZAR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB ZAR
EBITB ZAR
EBIT MARGIN%
NET INCOMEB ZAR
NET INCOME GROWTH%
DIV.ZAR
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
24.1332.7638.4043.0344.9651.4956.4464.3573.7167.3170.0378.2986.6243.7227.9369.83
21.4435.7817.2012.064.4914.539.6214.0114.53-8.684.0411.8010.63-49.52-36.11149.98
128.4694.6180.7272.0368.9460.1954.9148.1635.7346.0544.2639.5935.7846.0546.0546.05
30.9930.9930.9930.9930.9930.9930.9930.9926.3430.9930.9930.9930.9920.1312.8632.15
3.714.885.235.806.248.467.571.795.417.7810.6911.4614.825.813.719.28
15.3814.8813.6213.4913.8816.4213.412.787.3411.5615.2714.6417.1113.2913.2913.29
2.063.255.483.664.415.656.530.103.165.426.407.349.3310.9312.5714.39
-6.1857.3468.82-33.3020.6828.1315.59-98.523,154.6471.7518.0014.7227.0717.1914.9814.47
1.251.511.751.761.862.152.151.011.102.262.933.123.413.73
20.1920.8015.896.2915.59-53.02105.4529.656.489.299.38
577.00596.00607.29642.53645.24645.41652.57661.24664.07663.08661.33665.02668.72668.72668.72668.72
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Discovery generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Discovery retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Discovery's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Discovery has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Discovery's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Discovery stock margins

The Discovery margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Discovery. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Discovery.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
35.73 %
7.34 %
4.28 %
Jan 1, 2022
46.05 %
11.56 %
8.06 %
Jan 1, 2023
46.05 %
15.27 %
9.14 %
Jan 1, 2024
46.05 %
14.64 %
9.37 %
Jan 1, 2025
46.05 %
17.11 %
10.77 %
Jan 1, 2026 (e)
46.05 %
13.29 %
25.00 %
Jan 1, 2027 (e)
46.05 %
13.29 %
44.99 %
Jan 1, 2028 (e)
46.05 %
13.29 %
20.60 %

Discovery Stock Revenue, EBIT, Earnings per Share

The Discovery earnings per share therefore indicates how much revenue Discovery has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
110.99 ZAR
8.15 ZAR
4.75 ZAR
Jan 1, 2022
101.51 ZAR
11.73 ZAR
8.18 ZAR
Jan 1, 2023
105.89 ZAR
16.17 ZAR
9.67 ZAR
Jan 1, 2024
117.73 ZAR
17.23 ZAR
11.04 ZAR
Jan 1, 2025
129.52 ZAR
22.16 ZAR
13.95 ZAR
Jan 1, 2026 (e)
65.38 ZAR
8.69 ZAR
16.35 ZAR
Jan 1, 2027 (e)
41.77 ZAR
5.55 ZAR
18.79 ZAR
Jan 1, 2028 (e)
104.42 ZAR
13.88 ZAR
21.51 ZAR

Discovery business model & stock analysis

Discovery Limited was founded in 1992 by South African entrepreneur Adrian Gore and is headquartered in Johannesburg, South Africa. The company operates in the insurance, financial services, and healthcare sectors and has over 10 million customers in 20 countries worldwide. Discovery's history began with the idea of creating an insurance that encourages people to live healthier lives rather than just protecting them in case of illness. This led to the development of the unique premium refund program called Vitality, which offers customers discounts on their insurance premiums for maintaining a healthy lifestyle. Today, Discovery offers a wide range of products and services aimed at improving people's lives in innovative and positive ways. Its business areas include: - Healthcare: Discovery is one of the leading providers of health insurance in South Africa and also offers healthcare services and programs such as VitalityHealth, VitalityLife, and Discovery Insure. - Financial services: Discovery is also involved in the financial services sector and offers products such as savings and investment accounts, hospital cashback plans, and pension funds. - Technology: Discovery has developed its own technology platform that allows customers to manage their health, insurance, and financial information in one place. This platform is also used by other companies and insurers worldwide. - Sports and entertainment: Discovery sponsors a range of sports and entertainment events and has its own television channel called Discovery Channel. - Corporate Wellness: Through its Vitality programs, Discovery also offers companies the opportunity to promote the health and well-being of their employees, thereby increasing employee satisfaction. Over the years, Discovery has received many awards and is considered one of the most innovative companies in the insurance and healthcare industry. The company has also focused on expanding into international markets and is now operating in countries such as the UK, USA, and China. Overall, Discovery aims to help people lead better lives in innovative ways. With its wide range of products and services and its unique approach to the insurance industry, Discovery has gained many customers around the world and is expected to continue growing in the future.

Discovery SWOT Analysis

Strengths

Discovery Ltd has several strengths that contribute to its success. One of its main strengths is its strong brand recognition and reputation in the market. This allows the company to attract customers and investors easily. Additionally, Discovery Ltd has a diverse range of products and services, including health insurance, wellness programs, and life insurance, which provides it with a competitive advantage. The company also has a strong financial position and a track record of consistent growth, making it a reliable choice for customers and stakeholders.

Weaknesses

Despite its strengths, Discovery Ltd also has some weaknesses that it needs to address. One of the main weaknesses is its dependence on the South African market. As a result, the company is vulnerable to fluctuations in the local economy and regulatory changes. Furthermore, Discovery Ltd has faced criticism for its complex pricing structure and the perception of its products being expensive. Addressing these weaknesses can help the company expand its market reach and improve customer satisfaction.

Opportunities

There are several opportunities that Discovery Ltd can capitalize on to further grow its business. One significant opportunity is the increasing demand for healthcare and wellness products worldwide. By expanding its operations into new markets and offering innovative solutions, Discovery Ltd can tap into this growing market and attract a larger customer base. Additionally, advancements in technology present opportunities for the company to enhance its digital capabilities, improve customer experience, and streamline its operations.

Threats

Like any other company, Discovery Ltd faces certain threats that could potentially impact its growth and profitability. One significant threat is the intense competition in the insurance and financial services industry. Competitors with similar offerings and lower prices may attract customers away from Discovery Ltd. External factors such as economic downturns and regulatory changes also pose threats to the company's operations. Additionally, the ongoing COVID-19 pandemic has introduced uncertainties and challenges that could impact the demand for insurance and related services.

Discovery Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Discovery historical P/E ratio, EBIT multiple, and P/S ratio

Discovery annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Discovery shares outstanding

The number of shares of Discovery was 668.72 M in 2025. This indicates how many shares Discovery is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
664.07 M Stocks
Jan 1, 2022
663.08 M Stocks
Jan 1, 2023
661.33 M Stocks
Jan 1, 2024
665.02 M Stocks
Jan 1, 2025
668.72 M Stocks
Jan 1, 2026 (e)
668.72 M Stocks
Jan 1, 2027 (e)
668.72 M Stocks
Jan 1, 2028 (e)
668.72 M Stocks

Discovery stock splits

In Discovery's history, there have been no stock splits.

Discovery Dividend History

19 years of dividend payments · 3 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.11ZARYTD
Mar 31, 20261.11ZAR 44.8%1/1
20252.93ZAR 29.6%
Mar 26, 20250.87ZAR 866.7%1/3
Mar 28, 20250.05ZAR 94.3%2/3
Oct 15, 20252.01ZAR 3,920.0%3/3
20242.26ZAR 105.5%
20231.10ZAR 8.9%
20201.01ZAR 53.0%
20192.15ZAR 0.0%
20182.15ZAR 15.6%
20171.86ZAR 6.0%
20161.76ZAR 0.6%
20151.75ZAR 15.6%

Discovery dividend history and estimates

In 2025, Discovery paid a dividend amounting to 2.93 ZAR. Dividend means that Discovery distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2019
2.15 ZAR
0.00 ZAR
Jan 1, 2020
1.01 ZAR
0.00 ZAR
Jan 1, 2023 (e)
0.00 ZAR
1.10 ZAR
Jan 1, 2024
2.26 ZAR
0.00 ZAR
Jan 1, 2025
2.93 ZAR
0.00 ZAR
Jan 1, 2026
3.12 ZAR
0.00 ZAR
Jan 1, 2027 (e)
0.00 ZAR
3.41 ZAR
Jan 1, 2028 (e)
0.00 ZAR
3.73 ZAR

Discovery dividend payout ratio

In 2025, Discovery had a payout ratio of 20.65%. The payout ratio indicates the percentage of the company's profits that Discovery distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
17.23 %
Jan 1, 2022
17.23 %
Jan 1, 2023
11.37 %
Jan 1, 2024
19.66 %
Jan 1, 2025
20.65 %
Jan 1, 2026 (e)
19.09 %
Jan 1, 2027 (e)
18.16 %
Jan 1, 2028 (e)
17.36 %

Current Discovery forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
72.73 % (8)
Hold
27.27 % (3)
Sell
0.00 % (0)
12M Price Target
271.95
Last Price
26,323.00
Currency
ZAR
12M Return Potential
-98.97 %
LTM Return
0 %

Discovery Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
2/25/20214.00ZAR--ZAR-2021 Q2
2/20/20183.85ZAR--ZAR-2018 Q2
2/24/20150.33ZAR--ZAR-2015 Q2
9/5/20122.17ZAR--ZAR-2012 Q4
2/23/20121.96ZAR--ZAR-2012 Q2

EESG©

Eulerpool ESG Scorecard© for the Discovery stock

74/100
59
Environment
99
Social
64
Governance
E

Environment

20
Scope 1 - Direct Emissions2,200
Scope 2 - Indirect emissions from purchased energy26,352
Scope 3 - Indirect emissions within the value chain31,685
Total CO₂ emissions28,552
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees60.3
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees48.9
Black Management Share13.8
Percentage of white employees18
White Management Share57.6
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Discovery shareholder structure

% Name
2.79841%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
1.75634%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.64140%
Capital World Investors
Capital World Investors
1.57636%
Ninety One SA Pty Ltd.
Ninety One SA Pty Ltd.
0.82140%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.71704%
Old Mutual Investment Group (South Africa) (Pty) Limited
Old Mutual Investment Group (South Africa) (Pty) Limited
...

Discovery Beneficial Ownership Filings (SEC 13D/G)

Free Float
83.0%
Float Shares
-
Shares Outstanding
-

Discovery Executives and Management Board

40 members · avg. age 58 · 28 % women

NK

Mr. Neville Koopowitz (59)

Chief Executive Officer - Vitality · since 1999

78.68 M ZAR

Management

HK

Mr. Hylton Kallner (49)

Chief Executive Officer - SA Composite and Discovery Bank

50.05 M ZAR
AG

Mr. Adrian Gore (60)

Group Chief Executive Officer, Founder, Executive Director

30.70 M ZAR
AP

Mr. Alan Pollard (55)

President of Product and Innovation - Vitality Global · since 2007

25.63 M ZAR
DV

Mr. Deon Viljoen (59)

Group Chief Financial Officer, Executive Director · since 2017

23.32 M ZAR
AN

Dr. Ayanda Ntsaluba (64)

Group Executive · since 2011

16.46 M ZAR
KR

Mr. Kenny Rabson (55)

Chief Executive Officer - Discovery Invest · since 2024

12.77 M ZAR

Board of Directors

BS

Mr. Barry Swartzberg (59)

Co-Founder, Executive Director - Discovery · since 2024

22.48 M ZAR
ST

Sir Mark Tucker (66)

Non-Executive Independent Chairman of the Board

8.40 M ZAR
RF

Mr. Richard Farber (53)

Non-Executive Director · since 2018

8.06 M ZAR
MS

Ms. Marquerithe Schreuder (55)

Non-Executive Independent Director

2.62 M ZAR
BK

Ms. Bridget Van Kralingen (61)

Non-Executive Independent Director

2.46 M ZAR
DM

Mr. David Macready (65)

Non-Executive Independent Director

2.44 M ZAR

Frequently asked questions about Discovery

The business model of Discovery Ltd revolves around providing various insurance and financial products and services. Discovery Ltd, headquartered in South Africa, operates through its subsidiaries in the healthcare, life insurance, financial services, and wellness industries. The company emphasizes a client-centric approach by incentivizing and rewarding customers for engaging in healthy lifestyles through its Vitality program. Discovery Ltd's business model focuses on offering innovative products and solutions tailored to meet the individual needs of its customers, helping them improve their health and financial well-being. Through its integrated network and unique value proposition, Discovery Ltd aims to promote healthier lifestyles while providing financial security to its clients.

Discovery Ltd is primarily active in the insurance and financial services industries.

The main competitors of Discovery Ltd in the market are companies like AIA Group Limited, Prudential plc, Aviva plc, and Manulife Financial Corporation.

Discovery Ltd is a reputable and renowned company with a rich history and impressive background. Established many years ago, Discovery Ltd has become a dominant player in its industry. The company's achievements and growth are a testament to its exceptional leadership and dedication. With a strong foundation and a focus on innovation, Discovery Ltd has consistently delivered exceptional results and established itself as a leader in the market. With its commitment to providing top-quality products and excellent customer service, Discovery Ltd continues to thrive and expand its presence in the global market.

Discovery Ltd has achieved several significant milestones throughout its history. The company has successfully expanded its operations, diversified its product offerings, and strengthened its market position. It has consistently delivered strong financial performance and achieved sustainable growth. Discovery Ltd has also received numerous awards and accolades for its innovative products and services. The company's commitment to promoting health and well-being has had a positive impact on the community. With its continuous focus on innovation and customer-centric approach, Discovery Ltd has established itself as a leader in the industry, setting new standards and redefining the concept of integrated financial services.

Discovery Ltd is primarily present in multiple countries and regions across the globe. With a strong global presence, the company operates in various key markets, including South Africa, the United Kingdom, the United States, China, Australia, Canada, Singapore, Hong Kong, and many more. Through its diversified operations, Discovery Ltd caters to a wide customer base and offers its innovative products and services to individuals and businesses alike in these regions.

Discovery Ltd is a leading company that upholds strong values and a robust corporate philosophy. With a focus on innovation and positive social impact, Discovery Ltd believes in continuously improving people's lives by promoting health and financial wellness. The company is committed to fostering a culture of curiosity, collaboration, and customer-centricity. By leveraging technology and data-driven insights, Discovery Ltd aims to provide pioneering solutions that empower individuals to make better choices for their well-being. Through a customer-centric approach, the company strives to create lasting value for all stakeholders while exemplifying integrity and ethical conduct.

Analysts currently set an average price target of 256.42 ZAR for the Discovery stock (median: 271.95 ZAR), implying -99.0 % versus the latest price. The consensus is based on 11 analyst ratings.

11 analysts currently rate the Discovery stock: 8 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Discovery to generate revenue of 43.72 B ZAR and earnings per share of 16.35 ZAR.

Converted at the current exchange rate, the Discovery share trades at 1,395.95 EUR (26,323.00 ZAR).

The Discovery share (DSY.JO) is listed on 4 stock exchanges, including: Frankfurt (D3H.F), München (D3H.MU).

Discovery Ltd is a diversified company with a wide range of business sectors, founded in South Africa in 1992. The company enables its customers to improve their health and well-being with customized solutions. It operates in the areas of insurance, investments, banking, and healthcare, with its headquarters in Johannesburg. Discovery offers various health programs to meet the individual needs of each customer. These include health insurance, which the company has been actively involved in since its inception, as well as products for health prevention and promotion. These range from fitness tracking apps and specialized training programs to nutrition and mental health programs. Another important sector of Discovery is investment activities, including venture capital investments in innovative start-ups. Discovery has made a name for itself as one of the major private investors in technology companies in Africa. The company also offers various financial products and plans to diversify customer investments across a wide range of asset classes, including money market funds, bond funds, and equity funds. Discovery is also involved in banking and offers various financial services. The company has established a fully digital bank, Discovery Bank, which offers customers unique benefits such as cashback on purchases of healthy food, reduced interest rates for customers with a healthy lifestyle, and no transaction fees. Discovery is known for its innovative products and services that make it easier for customers to lead healthier lives. The company has developed various technologies that conduct health analysis and generate customized recommendations for the customer. For example, the company uses artificial intelligence and big data analysis to observe customer behavior and recommend preventive measures for a healthier life. Discovery also offers a range of rewards and benefits to its customers. Users of fitness tracking apps, for example, can receive up to 100% discount on their health insurance premiums when they achieve their fitness goals. Customers of Discovery Bank also benefit from cashback on certain purchases when they buy healthy food. Overall, Discovery's business model is focused on promoting the health and well-being of its customers. The company's various business sectors work together to provide a comprehensive range of services tailored to the needs of each individual customer. Discovery is a company that stands out for its innovation, technology, and clear focus on the customer, setting the standard for other companies in the finance and healthcare industries.

The expected revenue of Discovery is 43.72 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Discovery is 10.93 B ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Discovery is currently 1,610.46. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Discovery stock.

The price-to-sales ratio (P/S) of Discovery is currently 402.61. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Discovery stock.

The Eulerpool Quality Score for Discovery is 6/10.

The ISIN of Discovery is ZAE000022331. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Discovery is 338558. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Discovery is DSY.JO. The ticker symbol is used to trade Discovery shares on the stock exchange.

Over the past 12 months, Discovery paid a dividend of 2.93 ZAR . This corresponds to a dividend yield of about 0.01 %. For the coming 12 months, Discovery is expected to pay a dividend of 3.41 ZAR.

The current dividend yield of Discovery is 0.01 %.

Discovery pays a dividend, distributed in the months of , , , .

Discovery paid dividends every year for the past 3 years.

For the upcoming 12 months, dividends amounting to 3.41 ZAR are expected. This corresponds to a dividend yield of 0.01 %.

Discovery is assigned to the 'Finance' sector.

To receive the latest dividend of Discovery from amounting to 1.11 ZAR, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Discovery distributed 1.75 ZAR as dividends.

The dividends of Discovery are distributed in ZAR.

All fundamentals and in-depth analysis of Discovery

Our stock analysis for Discovery stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Discovery. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.