Southern Sun Limited

Southern Sun Limited

JJSE:SSU
1,045.00
ZAC
+29.00
(+2.85%)
1.34TMarket Cap
Southern Sun Limited
JSE:SSU
(Johannesburg Stock Exchange)

Recent

price

1,045.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
ZAR
3.89
4.11
4.14
4.22
0.94
1.76
3.65
4.36
4.93
5.36
- -
Revenue per Share
0.84
0.47
-0.09
-0.84
-0.73
-0.11
0.69
0.62
0.76
0.92
- -
Basic EPS, GAAP
0.02
0.22
0.19
0.27
-0.37
0.16
0.7
0.73
0.63
0.54
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.23
3.98
6.62
5.98
4.97
4.88
5.58
6.37
6.95
7.39
7.39
Book Value per Share
2.85
3.6
6.24
5.59
4.69
4.61
5.31
6.07
6.63
7.06
7.06
Tangible Book Value per Share
1,061
1,061
1,061
1,061
1,233
1,478
1,476
1,387
1,340
1,341
1,341
Basic Weighted Avg Shares
4,129
4,364
4,389
4,475
1,163
2,604
5,386
6,047
6,609
7,190
- -
Sales/Revenue/Turnover
24.56
25
21.33
20.47
-50.47
2.19
25.45
23.19
25.09
26.09
- -
Operating Margin (%)
248
270
306
348
407
365
351
369
423
466
- -
Depreciation Expense
890
495
-98
-896
-896
-156
1,014
856
1,024
1,237
- -
Net Income, GAAP
1.46
- -
- -
- -
- -
- -
26.71
27.64
29.13
25.76
- -
Effective Tax Rate (%)
21.55
11.34
-2.23
-20.02
-77.04
-5.99
18.83
14.16
15.49
17.2
- -
Profit Margin (%)
-2,862
-2,822
-334
427
-555
159
63
-121
-677
-594
-594
Working Capital
3,913
2,909
2,885
4,998
4,337
4,844
3,376
3,001
1,761
1,666
1,666
LT Debt
5,966
7,411
9,929
8,695
7,440
7,306
8,172
8,500
9,304
9,775
9,775
Total Equity
- -
- -
- -
- -
- -
- -
7.93
8.66
9.58
11.55
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
10.63
9.41
10.55
11.74
- -
Return on Capital (%)
- -
13.01
-1.75
-13.44
-13.09
-2.14
13.17
10.25
11.48
12.99
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
353
537
516
LT Borrowings
453
700
200
LT Finance Leases
1,308
1,268
1,466
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,342
1,342
1,315
Market Capitalization
11,140
11,477
13,417

Working Capital

ZAR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,019
1,379
1,350
Cash, Cash Equivalents & STI
396
645
635
Accounts Receivable, Net
272
636
301
Inventories
81
85
75
Total Current Liabilities
1,696
1,979
1,944
Payables & Accruals
- -
- -
- -
ST Debt
353
537
516
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
5.72%
5.06%
Free Cash Flow
- -
29.68%
-14.4%
Net Income, GAAP
- -
-161.55%
20.8%
Sales/Revenue/Turnover
- -
52.22%
8.79%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6,047
2025
- -
- -
6,609
2026
- -
- -
7,190

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.62
2025
- -
- -
0.76
2026
- -
- -
0.92

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Southern Sun Limited (SSU.JO) is a diversified hospitality group that operates and manages a broad portfolio of hotel brands and related services across Southern Africa and select international markets. The company focuses on mid-market and upmarket lodging, complemented by a substantial portfolio of restaurants, conference facilities, and event venues, with supplementary revenue streams from real estate leasing and other hospitality-related services. Headquartered in Johannesburg, South Africa, and founded in 1969, Southern Sun Limited conducts operations primarily within South Africa, with significant activity in key regional markets and selective international presence through owned, managed, and franchised properties. Main products and services - Hotel operations: management and operation of hotels and resorts across multiple brands, including full-service and limited-service properties; including room nights, food and beverage, conference, and banqueting services - Brand portfolio: Southern Sun Hotels, SunSquare, Garden Court, StayEasy, and SUN1, offering varying service levels and price points; brand-specific guest experiences and loyalty programs - Food and beverage services: on-site restaurants, bars, cafes, and catering for guests and external events - Meetings, incentives, conferences, and exhibitions (MICE): conference venues, banquet facilities, event planning support, and audiovisual services - Real estate and leasing: owned or leased hotel real estate; third-party property management arrangements; space leasing for offices, retail, and ancillary activities - Tourism and leisure services: ancillary hospitality offerings such as spa and wellness services, golf clubs, and curated guest experiences - Corporate travel and events services: business travel support, corporate event planning, and incentive programs for company clients - Ancillary services: loyalty programs, concierge, transportation coordination, and guests’ personal services Latest major company changes - Strategic expansion through refurbishment and capital allocation: ongoing refurbishment programs across flagship properties to maintain best-in-class status and enhance guest experience - Financial optimization and capital discipline: post-pandemic restructuring yielding improved profitability, debt reduction, and shareholder value initiatives including share buybacks - Partnerships and affiliations: collaborations with international hotel groups to strengthen brand reach and portfolio diversification; ongoing pursuit of strategic alliances to access new markets - Management and governance updates: ongoing alignment of leadership with growth strategy and operational efficiency goals; potential reorganization to streamline decision-making and capital deployment - Product and service launches: introduction of enhanced guest experiences, upgraded room designs, and refreshed dining concepts across hotels to maintain competitive positioning Additional context - Industry and segments: hospitality, lodging, food & beverage, and event services; portfolio spans upmarket and mid-market hotel segments; ancillary real estate and property management activities - Target markets: business travelers, leisure guests, conference and events clients; corporate travel accounts and regional tourism segments - Geographic operations: predominantly South Africa with presence in Africa, Seychelles, and select Middle East markets through owned, managed, or franchised properties - Founding year and headquarters: founded in 1969; headquarters in Sandton, Gauteng, South Africa - Subsidiaries and parent relationships: operates as a standalone entities within the Southern Sun group; strategic partnerships and potential minority/majority stake arrangements with external hotel groups; relationship with parent companies for portfolio development and capital support