Momentum Group Limited

Momentum Group Limited

3,852.00
ZAC
+31.00
(+0.81%)
4.93TMarket Cap
Mar 10Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
46.82
56.16
42.56
42.18
34.74
48.19
46.34
34.63
74.94
48.87
69.62
80.75
110.88
- -
Basic EPS, GAAP
1.66
2.05
1.83
1.38
0.98
0.88
1.53
0.13
0.31
2.61
2.2
2.83
4.45
- -
Free Cash Flow per Basic Share
4.86
3.1
0.6
5.27
-0.17
1.5
1.01
3.54
5.93
-4.36
6.91
-1.61
3
- -
Dividend per Share
1.87
1.34
1.99
1.59
1.57
0.93
0.35
0.75
0.25
0.52
1.13
1.3
1.5
- -
Book Value per Share
15.09
15.9
15.76
15.44
14.74
14.86
15.82
15.6
15.13
19.18
21.09
21.56
25.27
25.98
Tangible Book Value per Share
7.52
7.66
7.31
7.48
7.51
7.87
9.21
8.46
8.14
15.36
17.54
18.17
21.51
22.27
Basic Weighted Avg Shares
1,558
1,556
1,557
1,557
1,561
1,552
1,473
1,452
1,439
1,424
1,411
1,360
1,343
1,311
Sales/Revenue/Turnover
72,948
87,381
66,270
65,667
54,222
74,798
68,257
50,277
107,836
69,586
98,227
109,825
148,908
- -
Operating Margin (%)
7.99
7.14
9.35
8.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1,113
1,118
1,294
1,246
1,151
1,119
1,060
1,091
1,030
909
657
646
625
- -
Net Income, GAAP
2,619
3,197
2,857
2,142
1,536
1,369
2,255
188
451
3,711
3,104
3,847
5,978
- -
Effective Tax Rate (%)
40.49
42.69
44.95
49.84
65.01
68.12
56.01
88.5
80.86
49.34
58.62
53.49
49.02
- -
Profit Margin (%)
3.59
3.66
4.31
3.26
2.83
1.83
3.3
0.37
0.42
5.33
3.16
3.5
4.01
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
- -
3,574
4,336
4,575
5,849
7,814
6,120
6,191
7,176
7,989
6,147
4,581
4,939
4,646
Total Equity
23,864
25,214
25,048
24,399
23,248
22,750
23,573
23,003
21,872
27,591
28,870
30,057
32,954
33,879
Return on Invested Capital (%)
12.12
11.58
10.02
7.85
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
11.73
12.51
10.62
8.5
6.12
5.34
8.46
0.7
2.29
14.83
11.42
13.23
18.99
- -
Return on Common Equity (%)
11.01
13.26
11.59
8.8
6.53
6.05
9.95
0.82
2.04
15.2
11.11
13.2
19.2
- -

Capital Structure

ZAR

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
ST Debt
- -
- -
- -
LT Borrowings
4,959
4,939
4,646
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,378
1,288
1,288
Market Capitalization
41,712
44,172
49,260

Working Capital

ZAR

•

in mil. unless spec.
Dec'25
Jun'25
Dec'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
32,825
36,954
37,497
Accounts Receivable, Net
- -
5,604
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
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
3.14%
7.92%
9.64%
Free Cash Flow
-85.01%
-154.06%
-283.9%
Net Income, GAAP
83.46%
185.14%
55.39%
Sales/Revenue/Turnover
15.21%
33.51%
35.59%
Total Cash Common Dividend
16.46%
35.38%
13.99%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
109,825
2025
- -
- -
148,908
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.83
2025
- -
- -
4.45
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.3
2025
- -
- -
1.5
2026
- -
- -
- -

Company Description

CEO
Jeanette Christina Cilliers
Full Time Employees
14,009
Sector
Finance
Industry
Life/Health insurance
Address
268 West Avenue Centurion GT South Africa 0157
IPO Date
Jul 1, 1992
Business
Momentum Metropolitan Holdings Limited is a South African-based financial services group engaged in the provision of insurance, asset management, investment, and healthcare administration services. The company offers a broad range of products including long- and short-term insurance; employee benefits; asset management and property management services; investments and savings solutions; health administration services encompassing managed care and wellness programs; and financial planning. Its core operating segments include Momentum Retail, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Guardrisk (specialist short-term insurance), Momentum Insure, Momentum Metropolitan Africa, and Momentum Investments. The group serves diverse markets primarily in South Africa and across selected African regions. Founded through the merger of Momentum and Metropolitan in 2010, with headquarters in Sandton, Johannesburg, Momentum Metropolitan is a leading player in both the upper-income and low- to middle-income insurance markets. The group leverages a federated operating model to drive cross-selling and collaboration across its brands, offering insurance-based financial products, employee benefits, wills and estate planning, and asset and property management. Recent major developments include the acquisition of RMI Investment Managers from OUTsurance in 2023, significantly enhancing Momentum Metropolitan’s asset management footprint and minority stakes in multiple boutique investment firms like Ethos, Granate, and Northstar. In 2025, the group recorded a historic peak in normalised headline earnings of R6.26 billion, driven by improved underwriting results across Momentum Insure and Guardrisk, increased profitability in Momentum Investments’ annuity business, and growth in group risk earnings. The company completed a large systems migration project across key business units, yielding substantial cost savings and operational efficiencies. Additionally, Momentum Metropolitan has expanded its mass vaccination efforts in South Africa as part of its healthcare administration services. Momentum Metropolitan actively operates through consumer-facing brands including Momentum, Metropolitan, Guardrisk, and Eris Property Group, offering integrated financial and insurance solutions across long-term and short-term insurance, investments, healthcare, and employee benefits sectors in South Africa and neighboring African markets. The group continues to focus on strategic growth initiatives through acquisitions, partnerships, and product innovation to enhance its diversified financial services offerings and market leadership.