for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

MultiChoice Group Ltd

MCGJ.J

Latest Trade

12,000.00ZAc

Change

-44.00(-0.37%)

Volume

1,444,020

Today's Range

11,761.00

 - 

12,034.00

52 Week Range

10,159.00

 - 

14,200.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
12,044.00
Open
11,950.00
Volume
1,444,020
3M AVG Volume
26.22
Today's High
12,034.00
Today's Low
11,761.00
52 Week High
14,200.00
52 Week Low
10,159.00
Shares Out (MIL)
428.50
Market Cap (MIL)
53,101.52
Forward P/E
13.23
Dividend (Yield %)
4.71

Next Event

Full Year 2022 MultiChoice Group Ltd Earnings Release

Latest Developments

More

MultiChoice Group HY HEPS 356 SA Cents

MultiChoice Group Sees HY HEPS To Be Between 35% And 40% Lower

MultiChoice Group Updates On Ruling By The Nigerian Tax Appeal Tribunal

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About MultiChoice Group Ltd

MultiChoice Group Limtied is a South Africa-based video entertainment company. The Company is focused on providing video-entertainment to various devices to subscribing households in South Africa and across sub-Saharan Africa. Channels and content are sourced from around the world. The Company also produces and sources local content. The Company also develops content protection and access-management technologies for Internet, pay television and mobile platforms. The brands, DStv, BoxOffice and DStv Catch Up, serve households in African countries.

Industry

Motion Pictures

Contact Info

Multichoice City

144 Bram Fischer Drive, Randburg

2194

South Africa

+27.11.2896604

Executive Leadership

Mohamed Imtiaz Ahmed Patel

Non-Executive Chairman of the Board

Calvo Phedi Mawela

Chief Executive Officer, Executive Director

Timothy Neil Jacobs

Chief Financial Officer, Executive Director

Carmen C. Miller

Company Secretary

Francis Lehlohonolo Napo Letele

Non-Executive Director

Key Stats

2.33 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2019

50.1K

2020

51.4K

2021

53.3K

2022(E)

55.0K
EPS (ZAR)

2019

4.100

2020

6.390

2021

6.840

2022(E)

9.072
Price To Earnings (TTM)
49.51
Price To Sales (TTM)
0.98
Price To Book (MRQ)
4.29
Price To Cash Flow (TTM)
9.72
Total Debt To Equity (MRQ)
128.58
LT Debt To Equity (MRQ)
104.83
Return on Investment (TTM)
10.50
Return on Equity (TTM)
6.23

Latest News

Latest News

S.African pay-TV group MultiChoice sees drop in half-yearly headline earnings

South African pay-TV group MultiChoice Group said on Monday it expects its half-year headline earnings to fall, chiefly due to a stronger South African rand, despite subscriber growth and a recovery in advertising revenue.

Pandemic created opportunities for African video-on-demand, streaming services

The COVID-19 pandemic hit Africa's film industry hard, causing cinema shutdowns and production halts, but it also created new opportunities by boosting video-on-demand and streaming, participants in the continent's premier film festival said.

France's Canal+ raises stake in S.Africa's MultiChoice further

France's Canal+ Group has upped its stake in Africa's largest pay-TV group MultiChoice, the South African company said on Thursday, taking it from 12% to more than 15%.

UPDATE 2-Nigerian tribunal orders MultiChoice to pay 50% of disputed $4.4 bln tax bill

A Nigerian tax tribunal ordered the local unit of South Africa's pay-TV company MultiChoice to pay 50% of a disputed 1.8 trillion naira ($4.38 billion) tax bill relating to previous years, the Federal Inland Revenue Service (FIRS) said on Wednesday.

Nigerian tribunal orders Multichoice to pay 50% of disputed $4.4 bln tax bill

A Nigerian tax tribunal ordered pay-TV company Multichoice Nigeria Ltd on Wednesday to pay 50% of a disputed 1.8 trillion naira ($4.38 billion) tax bill relating to previous years, the Federal Inland Revenue Service said in a statement.

Nigeria flies the flag for corporate tax self-harm

In Nigeria, only one of death and taxes is certain. Growing international pressure to fight climate change means Africa’s biggest economy needs to wean itself off its unhealthy reliance on oil receipts. Ad hoc targeting of foreign companies is a ham-fisted way of tapping...

Nigeria to freeze accounts of South African pay-TV units in tax dispute

Nigeria's revenue service said on Thursday it had told banks to freeze the accounts of units of pay-TV group MultiChoice to recover $4.4 billion, in the latest tax dispute between a South African-based company and Nigerian authorities.

Nigerian revenue service seeks to freeze MultiChoice Africa accounts

Nigeria's revenue service said on Thursday it had instructed banks to freeze the accounts of MultiChoice Africa and its Nigerian subsidiary because the companies had refused it access to their servers for auditing.

MultiChoice's Showmax invests in African content for growth

MultiChoice's online streaming platform Showmax is investing in producing its own local content for African audiences as it competes for their attention against Netflix on the continent, a senior executive told Reuters.

REUTERS NEWS SCHEDULE AT 6 a.m. GMT/2 p.m. SGT

Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. GMT/2 p.m. SGT. For a full schedule of news and events, go to our editorial calendar on Reuters Connect https://www.reutersconnect.com/planning.

UPDATE 2-S.Africa's MultiChoice open-minded about Canal+, reports higher profits

* Shares initially rise, but drop back to stand over 1% down (Recasts with interview, adds detail, updates shares)

Netflix turns to telecoms tie-ups in challenging African markets

Netflix Inc is showing more African-made content and working with telecoms operators to make it easier for potential subscribers to make payments, a senior executive told Reuters ahead of its third-quarter results on Tuesday.

S.Africa's Naspers says earnings for year ended March to fall 10-16%

South African media and e-commerce behemoth Naspers Ltd said on Thursday its core headline earnings per share (HEPS) for the full year ended March are likely to drop by 10-16%.

South Africa's public broadcaster SABC preparing to lay off 600 workers

The South African Broadcasting Corporation (SABC) said on Thursday it had issued notices to its employees warning of a likely 600 lay-offs, as the indebted state firm looks to stabilise its finances.

Africa's MultiChoice looks to Netflix and Amazon in strategy shift

Adding streaming services will give Africa's biggest pay-TV group, MultiChoice, a head start when online viewing takes off on the continent, it said on Thursday, after revealing it had deals with Netflix and Amazon.

UPDATE 1-S.African pay-TV firm MultiChoice reports first full-year profit

* Shares recoup earlier losses (Adds details, CEO quote, shares)

S.African pay-TV firm MultiChoice reports first full-year profit

Africa's largest pay-TV group MultiChoice on Wednesday reported its first full-year profit as a stand-alone firm after being spun off from parent Naspers last year.

UPDATE 1-South Africa's MultiChoice expects to post annual profit

MultiChoice Group Ltd, Africa's biggest pay-TV group, said on Friday it expects to report an annual profit as it cut costs and foreign exchange swings worked in its favour.

South Africa's MultiChoice Group expects to post annual profit

Africa's biggest pay-TV group, MultiChoice Group Ltd, said on Friday it expects to report an annual profit, helped by improved trading performance.

UPDATE 2-MultiChoice profits leap on cost-controlling measures

Africa's biggest pay-TV group MultiChoice saw half-year profits leap 22%, it said on Monday, as it further cut losses outside of its home market South Africa and as foreign exchange swings worked in its favour.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up