Advtech

Advtech

ADH · JSE · Consumer Defensive / Education & Training Services

5,057.00ZAC-67.00 (-1.31%)

Price History

Full chart

Market Stats

Previous Close5,124.00
Open5,080.00
Day Range5,031.00 – 5,189.00
52-Week Range3,250.00 – 5,282.00
Volume528.82K
Market Cap27.91B
P/E (TTM)20.61
Forward P/E16.86
EPS2.49
Dividend Yield2.45%
Beta0.09
50-Day Avg4,858.10
200-Day Avg4,345.91

About

ADvTECH Limited engages in the provision of education, training, and staff placement services in South Africa and other African countries. The company operates through Schools, Tertiary, and Resourcing segments. The Schools' division offers pre-primary, primary, and secondary education services through face to face and online learning under the Crawford International, Pinnacle Colleges, Trinityhouse, Abbotts College, Junior Colleges, the Bridge Assisted Learning School, and Evolve Online School brands, as well as Gaborone International School, Flipper International School, and Makini Schools brands. The Tertiary segment provides education services on diploma, degree, and postgraduate levels through face-to-face, online, and distance learning under the Independent Institute of Education (IIE), Vega School, Varsity College, Rosebank College, IIE MSA, IIE School of Hospitality & Service Management, Capsicum Culinary Studio, and the Oxbridge Academy brands. The Resourcing segment offers placement solutions in the areas of information technology (IT), finance, and engineering; and payroll and compliance solutions under the Network Recruitment, Communicate Recruitment, Network Contracting Solutions, the Working Earth, Africa HR Solutions, and the CA Global Africa Recruitment brands. ADvTECH Limited was incorporated in 1990 and is based in Sandton, South Africa.

Company Details

  • SectorConsumer Defensive
  • IndustryEducation & Training Services
  • CEOMr. Geoff D. Whyte
  • Employees0
  • HeadquartersAdvtech House, Building 7, Sandton, South Africa, 2196, South Africa
  • Websitehttps://www.advtech.co.za

Leadership

  • Mr. Geoff D. WhyteGroup CEO & Executive Director · b. 1967
  • Mr. Johannes W. Boonzaaier C.A., CA (SA)Group CFO & Executive Director · b. 1973
  • Mr. D. Lenn Honey B.Com (Hons), MBAChief Executive Officer of Resourcing Division · b. 1966
  • Mr. MD AitkenChief Executive Officer of Schools Division
  • LA WisemanPrescribed Officer
  • Mr. Steven Van ZylChief Information Officer
  • Ms. Chantell B. CrouseGroup Company Secretary & Head of Legal
  • Dr. Siza MajolaGroup Human Resources Executive

Financials

Income Statement

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue470.08M485.78M569.83M661.03M830.13M962.71M1.20B1.38B1.47B1.61B1.69B1.77B1.93B2.71B3.35B3.94B4.39B5.11B5.50B5.92B6.96B7.86B8.52B9.33B
Growth (%)-+3.34%+17.30%+16.00%+25.58%+15.97%+24.42%+14.88%+6.84%+9.22%+5.08%+4.69%+9.37%+40.16%+23.84%+17.43%+11.46%+16.38%+7.66%+7.60%+17.63%+12.92%+8.41%+9.50%
Cost of Revenue----------854.40M900.60M958.60M1.34B1.68B2.12B2.35B470.40M645.40M777.30M4.04B4.63B4.24B5.28B
Gross Profit470.08M485.78M569.83M661.03M830.13M962.71M1.20B1.38B1.47B1.61B832.80M865.70M973.20M1.37B1.67B1.81B2.04B4.64B4.85B5.14B2.92B3.23B4.28B4.05B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%49.36%49.01%50.38%50.49%49.86%46.06%46.54%90.79%88.26%86.86%41.92%41.10%50.20%43.43%
Operating Expense19.84M21.03M5.02M574.02M707.85M802.16M997.10M1.16B1.27B1.38B632.80M644.00M716.80M918.90M1.06B1.15B1.23B3.76B3.95B4.05B1.62B1.66B2.33B2.05B
Operating Income450.24M464.75M564.82M87.02M122.28M160.55M200.69M218.94M202.90M230.00M200.00M221.70M256.40M448.30M608.10M668.00M808.20M879.10M901.80M1.09B1.30B1.57B1.95B2.00B
Operating Margin95.78%95.67%99.12%13.16%14.73%16.68%16.76%15.91%13.80%14.32%11.85%12.55%13.27%16.56%18.14%16.96%18.41%17.21%16.40%18.45%18.65%20.04%22.87%21.46%
EBITDA470.08M485.78M64.64M117.91M158.44M207.27M269.12M288.67M269.30M297.80M263.50M290.60M333.00M547.80M752.70M796.10M1.05B1.18B1.23B1.44B1.69B1.97B2.25B2.50B
EBITDA Margin100.00%100.00%11.34%17.84%19.09%21.53%22.47%20.98%18.32%18.55%15.62%16.45%17.24%20.23%22.45%20.22%23.88%23.19%22.32%24.37%24.32%25.10%26.37%26.83%
Net Income-243.26M51.27M40.70M59.97M89.28M122.02M155.45M160.20M148.80M156.30M138.40M155.70M167.10M224.90M372.40M369.30M397.40M469.40M461.10M664.90M805.40M951.00M1.10B1.29B
Net Income Margin-51.75%10.55%7.14%9.07%10.75%12.67%12.98%11.64%10.12%9.73%8.20%8.82%8.65%8.31%11.11%9.38%9.05%9.19%8.38%11.24%11.57%12.10%12.97%13.80%
R&D-----------6.50M7.30M8.70M10.20M10.40M13.10M14.00M14.00M10.60M16.00M17.70M19.70M-
R&D as % of Total Revenue-----------0.37%0.38%0.32%0.30%0.26%0.30%0.27%0.25%0.18%0.23%0.23%0.23%-
Interest Expense13.89M10.91M8.55M10.41M3.86M20.58M1.07M156.00K200.00K10.80M400.00K2.70M11.40M126.80M93.80M103.00M195.70M227.00M207.10M169.10M174.00M201.50M231.70M214.20M
Interest Expense % of Total Revenue2.96%2.25%1.50%1.57%0.46%2.14%0.09%0.01%0.01%0.67%0.02%0.15%0.59%4.68%2.80%2.62%4.46%4.44%3.77%2.86%2.50%2.56%2.72%2.30%

Balance Sheet

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets397.07M380.92M421.68M480.20M529.02M659.02M798.99M928.71M984.60M1.16B1.34B1.63B1.96B4.30B4.65B5.56B6.28B7.64B7.64B8.07B8.93B9.47B10.78B11.30B
Total Liabilities224.67M166.98M169.08M193.30M200.40M242.84M290.10M318.11M306.80M403.80M542.60M779.70M1.03B2.05B1.97B2.68B3.11B4.22B3.77B3.66B3.98B3.97B4.60B4.57B
Total Equity172.40M213.94M252.60M284.18M325.86M413.67M508.89M610.59M677.80M751.20M793.10M853.00M928.80M2.24B2.65B2.85B3.14B3.40B3.84B4.38B4.91B5.45B6.14B6.72B
Cash5.00M427.00K217.00K35.97M59.46M118.06M43.79M39.61M37.50M46.80M73.90M97.60M113.80M176.20M128.20M109.90M228.50M170.50M181.70M245.00M355.10M381.40M509.40M344.80M
Total Debt---23.20M18.14M10.90M3.85M--70.70M136.10M300.00M550.00M1.33B1.24B1.78B2.60B3.29B2.86B2.60B2.75B2.69B3.15B2.99B
Net Debt-5.00M-427.00K-217.00K-12.77M-41.32M-107.17M-39.94M-39.61M-37.50M23.90M62.20M202.40M436.20M1.16B1.11B1.62B1.92B3.04B2.62B2.30B2.34B2.30B2.64B2.65B

Cash Flow

Currency: ZAR2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow24.80M70.43M83.93M108.74M101.43M140.55M154.03M170.01M118.70M134.40M293.60M299.20M198.30M339.50M455.80M580.20M616.40M454.80M895.10M898.40M1.26B1.38B1.04B2.05B
Investing Cash Flow-30.41M-19.87M-40.77M-61.47M-72.86M-74.68M-234.93M-155.71M-122.30M-187.20M-230.40M-340.90M-337.70M-1.34B-441.00M-913.80M-657.50M-998.60M-273.80M-302.90M-689.90M-644.10M-1.03B-1.14B
Financing Cash Flow-11.64M-24.14M-767.00K-7.88M-5.06M-7.25M6.62M-18.47M1.50M-8.60M18.50M81.50M155.60M1.06B-86.30M126.60M321.60M319.20M-566.90M-542.20M-464.90M-698.70M107.40M-1.03B
Capital Expenditure33.47M26.15M068.04M73.31M82.91M138.75M128.94M125.50M187.80M231.30M331.70M299.80M396.50M356.60M681.80M529.30M680.70M303.50M342.70M704.40M669.00M982.20M992.00M
Free Cash Flow-8.68M44.28M83.93M40.70M28.12M57.65M15.28M41.06M-6.80M-53.40M62.30M-32.50M-101.50M-57.00M99.20M-101.60M87.10M-225.90M591.60M555.70M555.70M708.10M53.90M1.05B
Dividends Paid----------107.20M99.40M105.60M116.90M164.50M186.10M190.80M170.70M3.80M223.80M320.70M414.90M589.70M659.60M
FCF to OCF-34.99%62.87%100.00%37.43%27.72%41.01%9.92%24.15%-5.73%-39.73%21.22%-10.86%-51.19%-16.79%21.76%-17.51%14.13%-49.67%66.09%61.85%44.10%51.42%5.20%51.53%
Dividend Paid to FCF----------172.07%-305.85%-104.04%-205.09%165.83%-183.17%219.06%-75.56%0.64%40.27%57.71%58.59%1094.06%62.54%

Key Statistics & Ratios

Market Cap27.91B
Enterprise Value29.77B
Trailing P/E20.61
Forward P/E16.86
Price / Sales2.88
Price / Book4.20
EPS2.49
Book Value12.35
Revenue (TTM)9.71B
Gross Profit (TTM)4.74B
EBITDA2.49B
Profit Margin14.18%
Operating Margin22.03%
Return on Equity21.56%
Return on Assets11.69%
Shares Outstanding543.80M
Shares Float533.54M
Beta0.09
Dividend Yield2.45%
Dividend Rate1.26
Payout Ratio47.29%

Dividends

20231×
37.00Apr 19, 2023
20222×
23.00Sep 14, 202231.00Apr 12, 2022
20212×
19.00Sep 15, 202120.00Apr 14, 2021
20192×
15.00Sep 25, 201915.00Apr 10, 2019
20182×
15.00Sep 12, 201819.00Apr 11, 2018
20172×
15.00Sep 6, 201719.00Apr 11, 2017
20162×
13.50Sep 7, 201617.00Apr 11, 2016
20152×
12.20Sep 14, 201514.64Apr 13, 2015
20142×
10.74Sep 15, 201414.64Apr 7, 2014
20132×
10.25Sep 16, 201313.66Apr 8, 2013
20122×
9.76Sep 17, 201216.10Apr 20, 2012
20112×
9.27Sep 12, 201110.74Apr 15, 2011
20101×
7.81Sep 13, 2010

Stock Splits

  • Nov 16, 2015623:608