RMB Holdings Limited

RMB Holdings Limited

JJSE:RMH
55.00
ZAC
-2.00
(-3.51%)
63.96BMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.28
3.66
4.58
5.6
5.44
5.89
6.22
0.01
0.07
0.48
0.14
-0.06
-0.13
- -
Basic EPS, GAAP
3.19
3.57
4.49
5.5
5.36
5.81
6.07
7.07
23.09
0.44
-0.32
-0.09
-0.18
- -
Free Cash Flow per Basic Share
2.17
1.5
2.13
2.59
3.03
3.12
3.68
3.68
3.9
-0.01
-0.01
0.04
-0.02
- -
Dividend per Share
2.12
1.49
2.1
2.55
3.02
3.12
3.54
3.74
2.14
0.81
1.43
0.33
- -
- -
Book Value per Share
18.09
20.59
22.83
24.92
27.1
29.32
32.82
34.93
3.51
2.77
1
0.66
0.49
0.45
Tangible Book Value per Share
18.09
20.59
22.83
24.92
27.1
29.32
32.82
34.93
3.51
2.77
1
0.66
0.49
0.45
Basic Weighted Avg Shares
1,409
1,410
1,411
1,411
1,411
1,411
1,411
1,411
1,412
1,392
1,381
1,335
1,349
1,300
Sales/Revenue/Turnover
4,627
5,166
6,467
7,900
7,674
8,315
8,778
12
96
664
197
-84
-180
- -
Operating Margin (%)
99.52
98.14
99.32
99.54
99.83
100.53
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
1
- -
1
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
4,490
5,035
6,337
7,769
7,559
8,202
8,560
9,978
32,596
611
-440
-121
-245
- -
Effective Tax Rate (%)
0.29
0.02
0.02
0.12
0.2
0.06
0.26
- -
- -
2.86
- -
- -
- -
- -
Profit Margin (%)
97.04
97.46
97.99
98.34
98.5
98.64
97.52
83,150
33,954.17
92.02
-223.35
144.05
136.11
- -
Working Capital
-44
11
-26
185
-40
77
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,305
54
92
41
38
17
22
1,038
- -
- -
- -
- -
- -
- -
Total Equity
25,535
29,071
32,220
35,174
38,244
41,381
46,323
49,303
4,960
3,910
1,416
919
662
608
Return on Invested Capital (%)
17.69
18.11
20.91
23.26
20.81
20.97
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
17.3
17.99
20.63
23.02
20.58
20.75
19.51
- -
- -
13.78
- -
- -
- -
- -
Return on Common Equity (%)
18.24
18.44
20.68
23.06
20.59
20.6
19.52
20.87
120.14
13.78
-16.52
-10.36
-30.99
- -

Capital Structure

ZAR

•

in mil. unless spec.
Sep'24
Sep'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,393
1,361
1,361
Market Capitalization
683
544
640

Working Capital

ZAR

•

in mil. unless spec.
Sep'24
Sep'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
84
26
10
Accounts Receivable, Net
- -
- -
- -
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
-19.35%
-47.59%
-27.97%
Free Cash Flow
-79.46%
-170.78%
-142.86%
Net Income, GAAP
3.59%
-2.7%
102.48%
Sales/Revenue/Turnover
112.64%
238.6%
114.29%
Total Cash Common Dividend
-14.63%
-41.69%
-100%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-84
2025
- -
- -
-180
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-0.09
2025
- -
- -
-0.18
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.33
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Gideon Johannes Oosthuizen
Full Time Employees
11
Sector
Finance
Industry
Financial conglomerates
Address
Zero 01 Solution House Midrand GT South Africa 1685
IPO Date
Nov 26, 1992
Website
rmh.co.za
Business
RMB Holdings Limited (RMH.JO) is a South African investment holding company listed on the Johannesburg Stock Exchange that focuses primarily on property investments through its majority-owned subsidiary, RMH Property Holdings Proprietary Limited (RMH Property). RMH Property acquires significant equity stakes in unlisted property development firms with strong net asset value growth potential; its current portfolio centers on a 27.5% holding in Atterbury Property Holdings, which develops prime commercial, retail, industrial, and residential properties valued at R4.1 billion across South Africa, other African countries, and parts of Europe, alongside smaller positions in Integer Properties for residential and industrial assets and a prior 34% stake in Propertuity for urban redevelopment in Johannesburg and Durban. Founded in 1987 and headquartered in Sandton or Midrand, South Africa, the company previously held founding stakes in major financial institutions like FirstRand Limited and Rand Merchant Bank before divesting those interests to concentrate on property sector opportunities. In recent developments, RMH Property sold its interest in Atterbury Europe Holding B.V. to Brightbridge in 2022 as part of an ongoing monetization strategy that has returned R3.557 billion to shareholders via special dividends since June 2020, including payments of 3.5 cents per share on June 3, 2024, and 3.75 cents per share on September 2, 2024; the company reported a slight net asset value decline for the six months ended March 31, 2025, due to offsets like gains in Atterbury's NAV against losses on Integer loans and operating costs, while committing to further asset realizations without regular dividends. Atterbury Property recently notified RMH of a potential acquisition offer, signaling continued strategic activity in its core portfolio as of late 2025.