Blu Label Unlimited Group Ltd

Blu Label Unlimited Group Ltd

787.00
ZAC
-1.00
(-0.13%)
834.39BMarket Cap
Blu Label Unlimited Group Ltd
JSE:BLU
(Johannesburg Stock Exchange)

Recent

price

787.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
ZAR
23.88
26.43
28.7
29.25
33.15
39.35
38.67
31.24
25.85
23.58
21.43
20.31
21.44
16.35
15.64
14.43
- -
Revenue per Share
0.57
0.62
0.64
0.68
0.87
1.04
1.14
1.31
-7.28
0.14
0.95
1.17
0.3
0.72
2.77
-5.4
- -
Basic EPS, GAAP
0.32
0.51
-1.11
1.14
-0.07
0.46
1.82
3.61
-0.32
1.21
1.55
-0.5
-1.76
-0.75
-1.07
-1.3
- -
Free Cash Flow per Basic Share
0.12
0.15
0.23
0.25
0.27
0.31
0.35
0.41
- -
- -
- -
- -
- -
- -
- -
0.44
- -
Dividend per Share
3.89
4.42
4.93
5.33
5.87
6.7
7.12
9.95
2.59
2.72
3.66
4.66
4.9
5.59
8.41
2.08
2.08
Book Value per Share
3.32
3.66
3.86
3.82
3.98
4.9
5.46
7.7
0.06
1.37
1.67
1.99
2.29
3.15
5.93
1.38
1.38
Tangible Book Value per Share
756
708
662
663
665
666
685
856
913
896
878
877
883
893
898
905
904
Basic Weighted Avg Shares
18,065
18,715
18,984
19,402
22,044
26,205
26,470
26,734
23,602
21,135
18,821
17,806
18,918
14,598
14,050
13,053
- -
Sales/Revenue/Turnover
2.5
3.52
3.4
3.73
4.5
4.36
4.44
4.7
5.15
5.28
6.12
10.05
9.79
10.91
10.86
-40.03
- -
Operating Margin (%)
108
106
116
132
163
173
188
185
276
274
267
432
550
481
494
415
- -
Depreciation Expense
431
438
425
450
578
692
781
1,122
-6,646
124
831
1,027
269
647
2,484
-4,882
- -
Net Income, GAAP
31.73
30.85
32.49
31.5
31.36
30.35
28.81
21.97
- -
43.88
22.63
22.68
40.97
23.08
5.48
- -
- -
Effective Tax Rate (%)
2.39
2.34
2.24
2.32
2.62
2.64
2.95
4.2
-28.16
0.59
4.41
5.77
1.42
4.43
17.68
-37.4
- -
Profit Margin (%)
2,142
1,972
1,914
1,818
2,075
2,343
2,846
1,846
966
336
650
1,472
987
3,133
4,311
639
639
Working Capital
16
- -
- -
- -
- -
- -
- -
1,514
1,716
84
43
484
1,866
2,937
2,780
4,612
4,612
LT Debt
2,955
2,914
3,243
3,524
3,918
4,516
4,867
9,515
2,492
2,485
3,233
4,188
4,440
5,112
7,635
1,991
1,991
Total Equity
10.83
15.4
13.99
14.43
17.94
18.61
17.58
9.82
- -
6.8
18.46
20.05
8.64
9.12
11.85
- -
- -
Return on Invested Capital (%)
17.1
15.55
14.79
13.72
16.6
16.11
17.42
13.77
- -
2.84
17.69
18.81
8.39
16.54
30.77
- -
- -
Return on Capital (%)
15.59
14.94
13.74
13.25
15.52
16.53
16.87
15.85
-113.35
5.18
29.46
28.19
6.39
13.87
39.53
-103.38
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
May'25
Nov'26
May'26
ST Debt
2,719
1,338
87
LT Borrowings
2,744
2,914
4,593
LT Finance Leases
37
9
20
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
899
908
908
Market Capitalization
10,655
8,961
8,344

Working Capital

ZAR

•

in mil. unless spec.
May'25
Nov'26
May'26
Total Current Assets
13,199
8,085
6,904
Cash, Cash Equivalents & STI
822
2,682
965
Accounts Receivable, Net
2,581
3,399
2,403
Inventories
380
248
220
Total Current Liabilities
8,888
8,447
6,266
Payables & Accruals
- -
- -
- -
ST Debt
2,719
1,338
87
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.54%
5.22%
-73.92%
Free Cash Flow
2.54%
25.63%
22.76%
Net Income, GAAP
-9.26%
15.55%
-296.53%
Sales/Revenue/Turnover
-6.39%
-6.57%
-7.1%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
14,598
2025
- -
- -
14,050
2026
- -
- -
13,053

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.72
2025
- -
- -
2.77
2026
- -
- -
-5.4

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
0.44
Business
Blu Label Unlimited Group Limited operates as a leading digital distribution company specializing in prepaid products and the electronic distribution of virtual merchandise and value-added services. The company offers a comprehensive range of core products including voucher or PIN-based airtime, PIN-less or direct top-up airtime, UniPIN vouchers for prepaid electricity, and starter packs. Its proprietary digital platforms facilitate connectivity and service delivery for mobile networks, utilities, banks, retailers, petroleum companies, and point-of-sale devices. Blu Label operates primarily in South Africa with an extensive distribution network that supports mass market access to its digital products and services. Founded in 2001 and headquartered in Johannesburg, South Africa, Blu Label Unlimited Group Limited underwent a significant corporate name change from Blue Label Telecoms Limited to Blu Label Unlimited Group Limited in September 2025, reflecting a strategic repositioning of the group. Recent major developments include a strategic restructuring involving its majority-owned subsidiary Cell C, a South African mobile network operator. Blu Label has reached agreements to acquire loan claims and shareholdings from Nedbank Limited related to Cell C, aiming to support the next phase of Cell C’s business transformation and its listing on the Johannesburg Stock Exchange. This restructuring is designed to enhance operational focus and unlock shareholder value by eventually separating the businesses of Blu Label and Cell C. Additional recent initiatives involve expanding its digital distribution footprint and strengthening partnerships with mobile networks, utilities, financial institutions, and retail channels to drive consumer access and digital product distribution. The group's operations encompass telecommunication prepaid solutions, digital and virtual goods distribution, and value-added digital services with an emphasis on robust, secure, and scalable proprietary technology platforms. Blu Label's strategic focus on innovation and partnerships positions it as a key player in South Africa’s digital economy and prepaid services market. Blu Label presents a comprehensive suite of prepaid electronic chips for telecommunications and electricity consumption, telemarketing services within mobile telephony and insurance sectors, and digital data transfer to mobile phones. The company employs over 1,100 people and serves a diverse customer base across Africa, with South Africa representing the main geographic market. Its operations are supported by a broad distribution network that enables rapid and reliable delivery of virtual goods and prepaid products to end consumers and business clients alike. Overall, Blu Label Unlimited Group Limited is a digitally focused distribution enterprise, delivering prepaid telecommunications, electricity, and virtual merchandise products through proprietary platforms, with recent strategic transformations surrounding its Cell C investment reflecting major operational shifts and a drive toward business optimization and growth in the digital prepaid market landscape in Southern Africa.