Company Momentum Metropolitan Holdings Limited

Equities

MTM

ZAE000269890

Life & Health Insurance

End-of-day quote Johannesburg S.E. 07:00:00 2024-03-26 pm EDT 5-day change 1st Jan Change
20.53 ZAR +1.13% Intraday chart for Momentum Metropolitan Holdings Limited -0.82% -6.21%

Business Summary

Momentum Metropolitan Holdings Limited is a financial services group organized primarily around 5 areas of activity:

- investment services (35.2% of revenues) ;

- life insurance (20.8%);

- group risk insurance, savings management and health insurance (20.1%) ;

- non-life insurance (16.1%);

- health insurance (1.4%).

The remaining sales (6.4%) concern the activity insured in Africa.

Number of employees: 15,991

Sales per Business

ZAR in Million2022Weight2023Weight Delta
Reconciling Items
-101.3 %
-50,178 -104.2 % -54,523 -101.3 % +8.66%
Momentum Investments
75.5 %
34,421 71.5 % 40,641 75.5 % +18.07%
Momentum Corporate
37.7 %
18,746 38.9 % 20,271 37.7 % +8.14%
Non-life Insurance
32.4 %
15,720 32.6 % 17,434 32.4 % +10.90%
Momentum Life
21.8 %
11,163 23.2 % 11,726 21.8 % +5.04%
Metropolitan Life
15.9 %
8,309 17.3 % 8,585 15.9 % +3.32%
Momentum Metropolitan Africa
9.4 %
5,809 12.1 % 5,069 9.4 % -12.74%
Momentum Metropolitan Health
7.1 %
3,501 7.3 % 3,799 7.1 % +8.51%
Shareholders
1.1 %
546 1.1 % 617 1.1 % +13.00%
New Initiatives
0.4 %
123 0.3 % 210 0.4 % +70.73%

Sales per region

ZAR in Million2022Weight2023Weight Delta
South Africa
191.5 %
92,406 191.9 % 103,073 191.5 % +11.54%
Reconciling Items
-101.3 %
-50,178 -104.2 % -54,523 -101.3 % +8.66%
Africa & India
9.8 %
5,932 12.3 % 5,279 9.8 % -11.01%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 18-02-28
Director of Finance/CFO 49 16-07-31
Director/Board Member - 18-12-31
Director/Board Member 67 -
Investor Relations Contact - -
Corporate Officer/Principal - 18-12-31
Corporate Secretary - 19-06-30
Corporate Officer/Principal - 17-02-28
Sales & Marketing 45 17-10-08
Corporate Officer/Principal 42 -

Members of the board

Members of the board TitleAgeSince
Director of Finance/CFO 49 16-07-31
Director/Board Member 67 -
Director/Board Member 68 15-10-31
Director/Board Member 62 23-05-31
Director/Board Member 48 21-05-31
Director/Board Member - 23-05-31
Director/Board Member 45 20-06-30
Director/Board Member 59 16-09-30
Chief Executive Officer 57 18-02-28
Director/Board Member 50 19-11-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 1,400,697,218 874,143,218 ( 62.41 %) 0 62.41 %

Shareholders

NameEquities%Valuation
Public Investment Corporation (SOC) Ltd.
15.49 %
217,000,000 15.49 % 236 M R
Allan Gray (Pty) Ltd.
10.10 %
141,414,186 10.10 % 154 M R
123,000,000 8.781 % 134 M R
Tiso Investment Holdings Pty Ltd.
8.139 %
114,000,000 8.139 % 124 M R
Coronation Asset Management (Pty) Ltd.
5.024 %
70,364,767 5.024 % 76 M R
Laurium Capital (Pty) Ltd.
0.7767 %
10,879,127 0.7767 % 12 M R
Sanlam Investment Management (Pty) Ltd.
0.6145 %
8,606,940 0.6145 % 9 M R
Momentum Asset Management Pty Ltd.
0.5610 %
7,858,485 0.5610 % 9 M R
Momentum Outcome-based Solutions (Pty) Ltd.
0.4932 %
6,907,977 0.4932 % 8 M R
Truffle Asset Management (Pty) Ltd.
0.4881 %
6,837,073 0.4881 % 7 M R
NameEquities%Valuation
Tiso Investment Holdings Pty Ltd.
100.00 %
28,060,898 100.00 % 30 M R

Holdings

NameEquities%Valuation
13,024,525 3.19% 48,795,080 $
4,334,623 0.51% 2,022,102 $
115,302 1.62% 589,320 $

Company contact information

Momentum Metropolitan Holdings Ltd.

268 West Avenue

0157, Centurion

+

http://www.momentummetropolitan.co.za
address Momentum Metropolitan Holdings Limited(MTM)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
20.53 ZAR
Average target price
23.98 ZAR
Spread / Average Target
+16.83%
Consensus

Annual profits - Rate of surprise