Zeda Limited

Zeda Limited

0.84
EUR
+0.00
(-0.60%)
120.71MMarket Cap
Dec 01Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
53.58
45.81
40.45
42.89
48.38
55.97
57.07
- -
Basic EPS, GAAP
2.38
-0.75
1.9
2.96
3.87
3.2
3.6
- -
Free Cash Flow per Basic Share
0.04
2.73
-2.63
4.57
-3.01
1.18
-2.33
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
10.52
10.1
11.52
8.6
12.63
15.25
17.78
18.46
Tangible Book Value per Share
10.17
9.68
11.1
8.47
12.49
15.08
17.59
18.29
Basic Weighted Avg Shares
190
190
190
190
189
187
187
9
Sales/Revenue/Turnover
10,161
8,688
7,672
8,133
9,145
10,468
10,649
- -
Operating Margin (%)
12.56
6.59
11.83
18.26
16.96
14.41
14.42
- -
Depreciation Expense
1,522
1,585
1,369
1,496
1,784
1,898
1,735
- -
Net Income, GAAP
452
-142
360
561
732
599
672
- -
Effective Tax Rate (%)
25.2
- -
35.18
35.37
21.03
26.21
26.15
- -
Profit Margin (%)
4.45
-1.64
4.7
6.9
8
5.72
6.31
- -
Working Capital
2,507
2,683
3,545
515
619
598
2,359
3,161
LT Debt
4,711
4,549
4,902
2,343
2,374
2,571
4,075
4,825
Total Equity
2,041
1,950
2,221
1,674
2,403
2,894
3,361
3,469
Return on Invested Capital (%)
- -
- -
7.77
11.86
16.51
12.55
12.97
- -
Return on Capital (%)
- -
- -
7.63
11.14
16.24
12.59
12.61
- -
Return on Common Equity (%)
- -
-7.28
17.57
29.42
36.72
23.06
21.9
- -

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
ST Debt
3,734
2,634
2,789
LT Borrowings
3,879
3,769
4,530
LT Finance Leases
335
306
295
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
186
186
184
Market Capitalization
2,013
2,257
2,361

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'25
Mar'26
Total Current Assets
9,210
8,324
8,863
Cash, Cash Equivalents & STI
1,143
1,112
958
Accounts Receivable, Net
1,846
1,304
2,003
Inventories
871
990
824
Total Current Liabilities
6,666
5,964
5,702
Payables & Accruals
- -
- -
- -
ST Debt
3,734
2,634
2,789
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
13.87%
16.15%
Free Cash Flow
- -
-214.33%
-297.2%
Net Income, GAAP
- -
-54.56%
12.28%
Sales/Revenue/Turnover
- -
4.59%
1.73%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
10,468
2025
- -
- -
10,649
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3.2
2025
- -
- -
3.6
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Ramasela Ganda
Full Time Employees
1,962
Sector
Finance
Industry
Finance/Rental/Leasing
Address
2 Sysie Road Johannesburg South Africa 1619
IPO Date
Dec 13, 2022
Website
zeda.co.za
Business
Zeda Limited delivers comprehensive vehicle mobility solutions across South Africa and multiple other Sub-Saharan African nations. The company’s operations are divided into distinct Rental and Leasing divisions. Its short-term vehicle rental and subscription services, conducted under the globally recognized Avis and Budget banners, cater to individuals, corporate travelers, businesses, and various government departments. This segment also facilitates vehicle replacements for affiliated insurance providers and offers additional items such as child seating, navigation systems, bicycle carriers, and specialized insurance policies. The Leasing division, branded as Avis Fleet, extends long-term vehicle agreements, encompassing everything from motorcycles to heavy commercial trucks, to corporate clients, small and medium-sized enterprises, and public sector bodies. Complementary products and services within this segment include telematics, sophisticated fuel and accident management, roadside assistance, insurance coverage, and managed maintenance packages, alongside comprehensive service plans. Furthermore, Zeda operates Avis Car Sales, a dedicated channel for the disposal of used vehicles from its rental and leasing fleets. The entity, established in 1967, is headquartered in Kempton Park, South Africa, and was publicly listed on the JSE in December 2022 after being unbundled from Barloworld Limited. For the financial year ending September 2024, Zeda achieved a record revenue of R10.5 billion.