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Mahube Infrastructure Ltd.

Mahube Infrastructure Ltd.

JJSE:MHB
600.00
ZAC
0.00
(0.00%)
30.39BMarket Cap
Mahube Infrastructure Ltd.
JSE:MHB
(Johannesburg Stock Exchange)

Recent

price

600.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
ZAR
0.18
0.88
1.17
0.63
0.49
1.02
1.03
0.35
0.92
0.38
0.41
- -
Revenue per Share
0.07
0.66
0.78
0.56
0.72
0.22
1.19
-0.54
0.96
0.61
-0.38
- -
Basic EPS, GAAP
0.08
0.59
-0.97
-0.33
0.38
-0.42
0.35
-0.43
-0.01
0.01
0.07
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
9.97
10.63
10.53
10.42
10.74
10.63
11.21
9.91
10.52
10.73
10.19
10.19
Book Value per Share
9.97
10.63
10.53
10.42
10.74
10.63
11.21
9.91
10.52
10.73
10.19
10.19
Tangible Book Value per Share
55
55
55
55
55
55
55
55
55
55
55
55
Basic Weighted Avg Shares
10
49
64
35
27
56
57
19
51
21
23
- -
Sales/Revenue/Turnover
55.85
92.36
67.26
90.86
148.33
53.73
116.2
-154.56
104.05
159.18
-96.2
- -
Operating Margin (%)
- -
- -
- -
- -
1
1
1
1
- -
- -
- -
- -
Depreciation Expense
4
36
43
31
40
12
66
-30
53
34
-21
- -
Net Income, GAAP
26.68
19.4
0.8
0.7
0.46
1.28
0.3
- -
0.4
0.08
- -
- -
Effective Tax Rate (%)
40.62
74.43
67.2
89.25
146.73
21.23
115.64
-155.4
103.7
159.26
-93.33
- -
Profit Margin (%)
550
83
74
54
35
40
51
12
31
17
12
12
Working Capital
- -
- -
- -
- -
1
1
- -
- -
- -
- -
- -
- -
LT Debt
550
586
581
575
592
586
618
546
580
592
562
562
Total Equity
- -
6.36
7.35
5.41
6.8
2.06
10.89
- -
9.38
5.76
- -
- -
Return on Invested Capital (%)
- -
6.37
7.41
5.36
6.8
2.06
10.89
- -
9.39
5.77
- -
- -
Return on Capital (%)
- -
6.37
7.41
5.36
6.77
2.03
10.89
-5.08
9.39
5.77
-3.68
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Feb'25
Aug'26
Feb'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
55
55
55
Market Capitalization
221
243
304

Working Capital

ZAR

•

in mil. unless spec.
Feb'25
Aug'26
Feb'26
Total Current Assets
18
12
15
Cash, Cash Equivalents & STI
9
11
13
Accounts Receivable, Net
8
- -
2
Inventories
- -
- -
- -
Total Current Liabilities
1
1
3
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.37%
-0.58%
-4.98%
Free Cash Flow
-35.73%
-56.95%
415.38%
Net Income, GAAP
56.56%
-34.97%
-162.78%
Sales/Revenue/Turnover
51.02%
10.08%
7.12%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
51
2025
- -
- -
21
2026
- -
- -
23

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.96
2025
- -
- -
0.61
2026
- -
- -
-0.38

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Mahube Infrastructure Limited is a JSE-listed investment holding company that owns and operates infrastructure assets in the energy, transportation, and water and sanitation sectors across Southern Africa. The company holds equity stakes in renewable energy projects, including the Dorper Wind Farm (100 MW, Eastern Cape), Noblesfontein Wind Farm (Northern Cape), Jasper Solar PV Farm, Lesedi Solar PV Farm (Northern Cape), and Letsatsi Solar PV Farm (Free State), with a collective generation capacity of approximately 400 MW; four of these assets were awarded under Bid Window 1 of South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), while one was under Bid Window 2, each supported by long-term Power Purchase Agreements with Eskom. Founded in 2015 and headquartered at Penthouse 5, 3rd Floor, 4 The High Street, Johannesburg, South Africa, the company originally listed as GAIA Infrastructure Capital Limited, a special purpose acquisition company that raised R550 million and deployed funds starting with the Dorper Wind Farm acquisition in 2016; it rebranded to Mahube Infrastructure Limited in October 2020 to reflect a renewed focus on emerging infrastructure opportunities. In recent developments, Mahube reported interim financial results for the six months ended August 31, 2025, announcing a tangible net asset value per share of R10.25 (down from R10.73 at February 28, 2025) and a headline loss of 32.4 cents per share, with no interim dividend declared; it also received a proposal in August 2025 for the acquisition of all its shares and issued cautionary announcements alongside a trading statement in November 2025. The company targets predictable cash flows from long-term asset ownership, serving institutional and retail investors seeking exposure to sustainable infrastructure in South Africa and the broader Southern African region, while emphasizing community development in education, skills training, and welfare near its assets.