Company Zeda Limited

Equities

ZZD

ZAE000315768

Passenger Transportation, Ground & Sea

End-of-day quote Johannesburg S.E. 06:00:00 2024-05-16 pm EDT 5-day change 1st Jan Change
11.99 ZAR +1.10% Intraday chart for Zeda Limited -0.08% -5.96%

Business Summary

Zeda Limited is a car rental company. The Company provides short-medium and long-term car rental and vehicle fleet leasing services. It operates through two business segments: rentals and leasing. Its rentals segment trades under the Avis and Budget brand names and offers short-term car rental services to a various customer base. It provides short term rental and subscription solutions for individuals, business travel, corporates, and government entities. Its leasing business segment trades as Avis Fleet and purchases vehicles from various original equipment manufacturers based on specific customer requirements. These vehicles are contracted to the customer for a period exceeding 12 months, with an average of 44 months. Its services include the leasing of vehicles, from motorcycles to heavy commercial vehicles. Avis Fleet offers complementary products including telematics, intelligent fuel management, accident management, roadside assistance, insurance and managed maintenance.

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Car Rental
72.8 %
5,982 73.1 % 6,656 72.8 % +11.28%
Leasing
27.2 %
2,199 26.9 % 2,488 27.2 % +13.17%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
100.0 %
8,181 100.0 % 9,145 100.0 % +11.79%

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 189,641,787 95,135,126 ( 50.17 %) 3,165,929 ( 1.669 %) 50.17 %

Shareholders

NameEquities%Valuation
Zahid Group Holding LLC
18.97 %
35,966,284 18.97 % 23 M R
Silchester International Investors LLP
13.56 %
25,715,554 13.56 % 16 M R
Coronation Asset Management (Pty) Ltd.
5.140 %
9,747,587 5.140 % 6 M R
Capricorn Fund Managers (Pty) Ltd.
2.373 %
4,500,000 2.373 % 3 M R
36ONE Asset Management Pty Ltd.
0.8616 %
1,634,003 0.8616 % 1 M R
Momentum Outcome-based Solutions (Pty) Ltd.
0.3343 %
633,885 0.3343 % 397 110 R
Obsidian Capital Pty Ltd.
0.1877 %
355,984 0.1877 % 223 013 R
Prescient Investment Management (Pty) Ltd.
0.1300 %
246,588 0.1300 % 154 480 R
Dimensional Fund Advisors Ltd.
0.1188 %
225,359 0.1188 % 141 181 R
Element Investment Managers (Pty) Ltd.
0.0869 %
164,738 0.0869 % 103 203 R

Company contact information

Zeda Ltd. (South Africa)

2 Sysie Avenue Croydon

1691, Kempton Park

+27 11 387 8027

http://www.zeda.co.za
address Zeda Limited(ZZD)

Sales per Business

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
11.99 ZAR
Average target price
14.9 ZAR
Spread / Average Target
+24.27%
Consensus

Annual profits - Rate of surprise

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