Remgro (REM.JO) Stock Price
Remgro Price
Revenue has compounded at 10.3% per year over the past 19 years to 51.01 B ZAR. Earnings per share have declined at 8.7% per year over the last 19 years. Remgro's net margin stands at 2.8%, down from 5.2% several years earlier. Remgro currently offers a dividend yield of about 2.01%. The payout ratio is around 63% of earnings. Analysts set a median price target of 214.20 ZAR, implying 2.4% above the current price. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus.
Remgro stock price
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Remgro business model & stock analysis
Frequently asked questions about Remgro
The business model of Remgro Ltd is focused on being an strategic investment holding company. It aims to invest in a diversified portfolio of industries and companies with the goal of enhancing long-term growth and profitability. Remgro seeks to create value by identifying and acquiring businesses that demonstrate strong potential for expansion and market leadership. By actively managing its investments and providing strategic guidance, Remgro aims to unlock value and generate sustainable returns for its shareholders. Through its diverse portfolio, Remgro has investments in sectors such as banking, healthcare, consumer goods, and infrastructure.
Remgro Ltd is primarily active in various industries such as banking and financial services, insurance, healthcare, industrial, infrastructure, media, and telecommunications.
The main competitors of Remgro Ltd in the market include companies such as Naspers Ltd, Bidvest Group Ltd, and Shoprite Holdings Ltd.
Remgro Ltd, established in 1940, is a South African investment holding company. It has a rich history and has evolved into a prominent conglomerate with diversified interests in various sectors. Remgro's portfolio comprises investments in healthcare, banking, insurance, infrastructure, and more. Over the years, the company has strategically acquired and developed businesses, aligning its growth with the changing market dynamics. With a strong focus on creating long-term value for shareholders, Remgro continues to be a leading player in the South African business landscape. Through its investments and expertise, Remgro Ltd contributes significantly to the growth and development of the local economy.
Remgro Ltd, a prominent company, has achieved several significant milestones throughout its history. One of its notable accomplishments is its successful transformation from a traditional industrial conglomerate to a focused investment holding company. Another key milestone is Remgro's strong track record of strategic acquisitions and investments, contributing to its continual growth and expansion. Additionally, Remgro has established itself as a leader in various industries, including financial services, mining, healthcare, and consumer goods. This esteemed company continues to demonstrate resilience and innovation, personifying its commitment to delivering long-term value to its stakeholders.
Remgro Ltd is primarily present in South Africa. As a diversified investment company, Remgro Ltd focuses on various sectors including financial services, mining, healthcare, and consumer goods. With its headquarters in Stellenbosch, South Africa, Remgro Ltd operates and invests in numerous businesses within the country. However, the company also has international operations and investments, primarily in Europe and emerging markets. Remgro Ltd's strong presence in South Africa coupled with its global reach make it a prominent player in the investment landscape, offering a diverse portfolio of opportunities for investors.
Remgro Ltd represents a strong commitment to values and a solid corporate philosophy. The company focuses on sustainable growth, long-term investment decisions, and maintaining a diversified portfolio. Remgro's values include integrity, accountability, and transparency in its business practices. With a strategic approach, Remgro aims to create value for its shareholders and stakeholders through responsible and ethical decision-making. By actively seeking opportunities, fostering partnerships, and promoting innovation, Remgro strives to contribute to the socio-economic development of the communities it operates in. Remgro Ltd's corporate philosophy revolves around prudent management, disciplined capital allocation, and ensuring a healthy balance between risk and reward in pursuit of long-term success and value creation.
Analysts currently set an average price target of 213.34 ZAR for the Remgro stock (median: 214.20 ZAR), implying +2.3 % versus the latest price. The consensus is based on 8 analyst ratings.
8 analysts currently rate the Remgro stock: 6 recommend buying, 2 holding and 0 selling.
Converted at the current exchange rate, the Remgro share trades at 11.24 EUR (209.17 ZAR).
The Remgro share (REM.JO) is listed on 4 stock exchanges, including: JSE (Johannesburg) (REM.JO), Frankfurt (RE7.F), München (RE7.MU).
The South African company Remgro Ltd is a diversified company operating in various business sectors. Founded in 1940, the company's strategy is based on creating long-term and sustainable value for its shareholders. One of Remgro's most important divisions is mining. The company owns stakes in mines that extract various resources, including gold, platinum, and nickel. Furthermore, Remgro is also active in the agricultural industry, owning multiple farms specializing in the production of citrus fruits, wine, and other agricultural products. Another significant business area for Remgro is the financial industry. The company holds shares in various financial institutions, including banks and insurance companies. These investments create diversification of financial risks and provide some protection against volatile markets. In the telecommunications sector, Remgro is represented through its stake in MTN Group Ltd. MTN is a leading mobile service provider, offering services in various African countries. In the consumer goods and retail sector, Remgro holds stakes in companies such as Unilever South Africa, Distell Group Holdings, and Mediclinic International. These companies produce various goods and services, including beverages, personal care products, and healthcare services. Remgro also offers direct services, including consultations in the legal, tax, and finance fields. These services are provided by its subsidiary PSG Group Limited. Remgro's goal is to establish its investment portfolios on a broad basis to ensure future growth and high capital returns. The company follows a careful investment strategy that aims at identifying companies with strong growth potential and value enhancement. Throughout its history, Remgro has made many successful investments, including its stake in FirstRand Limited. Remgro has also made acquisitions of companies such as TSB Sugar Holdings, later renamed Illovo Sugar Ltd. Overall, Remgro is a diversified company operating in many sectors. The company follows a cautious and long-term investment strategy to continuously support its shareholders through growth and capital returns.
The revenue of Remgro is 51.01 B ZAR. This figure is based on current financial data and reflects the company's business performance.
The profit of Remgro is 1.44 B ZAR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Remgro is currently 80.98. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Remgro stock.
The price-to-sales ratio (P/S) of Remgro is currently 2.28. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Remgro stock.
The Eulerpool Quality Score for Remgro is 3/10.
The ISIN of Remgro is ZAE000026480. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Remgro is 578937. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Remgro is REM.JO. The ticker symbol is used to trade Remgro shares on the stock exchange.
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All fundamentals and in-depth analysis of Remgro
Our stock analysis for Remgro 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 Remgro. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.