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    Multi-line insurance
OUTsurance Group Limited

OUTsurance Group Limited

8,620.00
ZAC
+48.00
(+0.56%)
12.18TMarket Cap
OUTsurance Group Limited
JSE:OUT
(Johannesburg Stock Exchange)

Recent

price

8,620.00

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
4.05
4.95
6.07
7.67
7.73
9.35
9.84
9.8
10.27
10.65
12.31
13.92
16.96
21.07
25
27.95
- -
Revenue per Share
1.19
1.52
1.52
2.06
2.22
2.01
2.24
2.58
2.65
1.04
1.89
14.63
1.95
2.65
3.06
3.65
- -
Basic EPS, GAAP
1.55
1.14
1.98
1.39
2.94
2.44
1.89
1.63
2.24
2.49
2.3
0.32
1.31
2
3.79
3.01
- -
Free Cash Flow per Basic Share
0.71
0.71
1.54
1.06
1.18
1.27
1.36
1.37
1.5
1.5
0.59
2.22
0.99
1.48
2.42
3.33
- -
Dividend per Share
7.64
8.97
9.25
10.43
11.54
12.52
12.82
14.72
16.04
16.91
17.81
7.71
8.72
9.16
9.4
9.51
9.51
Book Value per Share
7.61
8.94
9.22
10.36
11.5
12.44
12.76
14.64
15.98
16.83
17.67
7.55
8.56
9
9.26
9.37
9.37
Tangible Book Value per Share
493
1,481
1,483
1,484
1,483
1,482
1,486
1,513
1,526
1,529
1,529
1,531
1,532
1,530
1,537
1,540
1,544
Basic Weighted Avg Shares
1,994
7,335
9,000
11,384
11,467
13,860
14,629
14,821
15,677
16,283
18,822
21,303
25,986
32,239
38,432
43,051
- -
Sales/Revenue/Turnover
39.37
28.75
30.88
36.71
36.08
20.23
24.27
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
30
102
144
148
194
195
224
241
225
231
162
190
182
215
290
313
- -
Depreciation Expense
587
2,248
2,255
3,053
3,292
2,977
3,327
3,897
4,047
1,592
2,893
22,396
2,980
4,061
4,707
5,623
- -
Net Income, GAAP
32.26
17.55
13.73
20.82
16.07
21.3
22.41
21.03
20.07
36.34
35.39
37.61
29.92
28.54
32.05
28.54
- -
Effective Tax Rate (%)
29.44
30.65
25.06
26.82
28.71
21.48
22.74
26.29
25.81
9.78
15.37
105.13
11.47
12.6
12.25
13.06
- -
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
15
287
15
19
15
60
2,611
2,730
2,736
2,333
118
82
80
294
379
430
430
LT Debt
11,654
13,943
14,341
16,377
18,083
19,726
20,490
23,704
26,141
27,545
29,014
13,302
14,926
15,387
15,944
16,201
16,201
Total Equity
- -
13.14
16.79
21.44
19.84
11.55
12.68
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
15.78
14.3
18.2
17.81
13.97
13.97
14.53
13.71
4.51
8.83
102.9
18.06
23.99
26.64
31.13
- -
Return on Capital (%)
- -
18.25
16.69
20.91
20.21
16.7
17.59
18.71
17.25
6.32
10.9
114.73
23.69
29.6
32.88
38.42
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
379
319
430
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,547
1,548
1,548
Market Capitalization
121,195
110,902
121,760

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
9,976
9,015
9,628
Accounts Receivable, Net
479
- -
- -
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
0.69%
-6.72%
1.61%
Free Cash Flow
35.83%
70.11%
-20.27%
Net Income, GAAP
71.29%
131.82%
19.46%
Sales/Revenue/Turnover
12.25%
18.09%
12.02%
Total Cash Common Dividend
33.15%
74.23%
38.13%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
32,239
2025
- -
- -
38,432
2026
- -
- -
43,051

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.65
2025
- -
- -
3.06
2026
- -
- -
3.65

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.48
2025
- -
- -
2.42
2026
- -
- -
3.33
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Business
OUTsurance Group Limited functions as a prominent financial services group, delivering diverse insurance and investment solutions across South Africa, Australia, and Ireland. The organization's operations are distinctly segmented to serve various market needs. Within South Africa, its core OUTsurance division offers a comprehensive array of personal and commercial short-term insurance products, encompassing coverage for motor vehicles, households, and businesses. This segment also provides a full suite of long-term insurance offerings, including life, disability, critical illness, funeral, and retrenchment benefits for individuals. In Australia, the group operates under the Youi brand, specializing in personal and business general insurance, which includes motor vehicle, home, and compulsory third-party (CTP) vehicle coverage. Expanding its international footprint, OUTsurance Ireland was launched in May 2024, focusing on direct short-term personal lines insurance for cars and homes within the Irish market. Beyond these primary insurance activities, the company maintains interests in fintech investments and asset management entities, alongside engaging in reinsurance. Formerly known as Rand Merchant Investment Holdings Limited, the entity transitioned to OUTsurance Group Limited in December 2022, a strategic move that included the unbundling of its stakes in Discovery Limited and Momentum Metropolitan Holdings Limited, and the divestment of its interest in Hastings Group. The company has demonstrated strong financial performance, reporting a significant rise in normalised earnings and consistent dividend declarations, with its Irish venture actively scaling towards profitability. Established in 1998, OUTsurance Group Limited is headquartered in Centurion, South Africa.