Allied Electronics Corporation Ltd

Allied Electronics Corporation Ltd

AEL · JSE · Technology / Information Technology Services

2,850.00ZAC-38.00 (-1.32%)

Price History

Full chart

Market Stats

Previous Close2,888.00
Open2,897.00
Day Range2,848.00 – 2,897.00
52-Week Range1,656.00 – 3,088.03
Volume86.72K
Market Cap10.47B
P/E (TTM)13.18
Forward P/E12.06
EPS2.03
Dividend Yield5.38%
Beta0.49
50-Day Avg2,721.92
200-Day Avg2,391.60

About

Altron Limited, together with its subsidiaries, engages in technology business in South Africa and rest of Africa. The company operates in three segments: Platforms, IT Services, and Distribution. Its platforms include Netstar offers vehicle tracking and recovery systems, fleet management services, and usage-based telematics; Altron FinTech offers debit order processing, payment and switching, card personalization and issuance, credit management software, and debit and credit card payment solutions, as well as person-to-person payments and value-added services to the consumer market; and Altron HealthTech offers practice management solutions in the healthcare industry and medical transaction switching. The company also provides networking, hardware, DevOps and modernization, data management, IT infrastructure solutions, security, IT as a service, cloud, artificial intelligence, data storage, data center infrastructure, and other solutions. In addition, it design, develop, and implement managed identity profile and cryptographic solutions for their clients across devices, platforms, and locations; distributes industrial electronic components, such as batteries and solar, lighting and optics, software and compilers, and semiconductors and aerospace products; and provides hardware and consumables to manage outsource print services, such as installation and training, paper and toner supplies, maintenance and services of equipment, and service contracts, as well as provides technology services, software, and supplies for production and office environments. The company was formerly known as Allied Electronics Corporation Limited and changed its name to Altron Limited in August 2021. Altron Limited was incorporated in 1947 and is headquartered in Johannesburg, South Africa.

Company Details

  • SectorTechnology
  • IndustryInformation Technology Services
  • CEOMr. Werner G. Kapp
  • Employees4.07K
  • HeadquartersAltron Woodlands Campus, Building F, Johannesburg, South Africa, 2191, South Africa
  • Websitehttps://www.altron.com

Leadership

  • Mr. Werner G. KappCEO & Executive Director
  • Mr. Carel C. Snyman C.A.CFO & Executive Director
  • Mr. Collin GovenderGroup Chief Operating Officer
  • Dr. Bongani MabasoGroup Chief Technology Officer
  • Ms. Phillipe WelthagenGroup Executive of Investor Relations
  • Ms. Lauren WilsonGroup Chief Legal Officer & Group Company Secretary
  • Ms. Marisa Jansen van VuurenChief Marketing Officer
  • Mr. Leslie MoodleyManaging Director of Altron HealthTech
  • Mr. Johan GellatlyManaging Director of Fintech
  • Mr. Pierre BruwerManaging Director of Altech Netstar

Financials

Income Statement

Currency: ZAR2002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Revenue9.90B11.40B10.04B12.21B13.97B17.13B21.43B24.77B22.34B22.81B23.56B24.77B27.77B22.09B14.36B13.89B14.74B15.72B16.71B7.56B7.93B9.46B8.25B9.59B9.64B
Growth (%)-+15.13%-11.87%+21.51%+14.44%+22.60%+25.14%+15.57%-9.82%+2.12%+3.30%+5.12%+12.12%-20.47%-35.00%-3.24%+6.13%+6.65%+6.30%-54.77%+4.91%+19.34%-12.83%+16.22%+0.51%
Cost of Revenue7.15B8.60B7.38B9.06B10.12B11.92B16.05B18.76B16.77B17.01B17.47B23.08B25.98B20.83B13.47B12.94B13.71B14.27B14.88B3.98B6.86B8.22B6.83B7.85B8.52B
Gross Profit2.75B2.80B2.67B3.15B3.85B5.21B5.38B6.00B5.57B5.80B6.09B1.69B1.79B1.25B888.00M950.00M1.03B1.45B1.83B3.58B1.07B1.24B1.42B1.74B1.12B
Gross Margin27.81%24.54%26.58%25.77%27.55%30.42%25.09%24.24%24.92%25.43%25.87%6.83%6.44%5.68%6.19%6.84%7.02%9.23%10.98%47.33%13.53%13.11%17.26%18.17%11.64%
Operating Expense1.99B1.89B1.95B11.24B2.86B3.72B3.44B4.23B4.20B4.57B5.61B539.00M484.00M910.00M255.00M214.00M290.00M411.00M744.00M3.23B788.00M842.00M720.00M890.00M-16.00M
Operating Income762.88M911.62M718.00M-8.09B986.00M1.49B1.94B1.78B1.37B1.23B484.00M1.15B1.30B345.00M633.00M736.00M745.00M1.04B1.09B348.00M285.00M399.00M704.00M852.00M1.14B
Operating Margin7.71%8.00%7.15%-66.30%7.06%8.70%9.04%7.18%6.14%5.41%2.05%4.66%4.70%1.56%4.41%5.30%5.05%6.62%6.53%4.60%3.59%4.22%8.53%8.89%11.81%
EBITDA917.60M1.36B-6.53B1.18B1.33B1.86B2.31B2.41B1.96B1.87B1.68B1.63B1.58B1.08B1.23B1.18B1.36B1.71B1.16B675.00M962.00M992.00M1.52B1.79B1.92B
EBITDA Margin9.27%11.96%-64.99%9.63%9.51%10.87%10.76%9.71%8.77%8.22%7.13%6.58%5.68%4.90%8.60%8.47%9.22%10.88%6.95%8.93%12.13%10.48%18.42%18.70%19.94%
Net Income550.32M878.30M494.00M504.00M751.00M1.09B1.32B1.15B841.00M699.00M-79.00M-298.00M615.00M-9.00M-873.00M-185.00M187.00M711.00M648.00M12.15B-104.00M-4.00M-164.00M390.00M727.00M
Net Income Margin5.56%7.71%4.92%4.13%5.38%6.36%6.15%4.64%3.77%3.06%-0.34%-1.20%2.21%-0.04%-6.08%-1.33%1.27%4.52%3.88%160.79%-1.31%-0.04%-1.99%4.07%7.54%
R&D------------69.00M------------
R&D as % of Total Revenue------------0.25%------------
Interest Expense18.27M35.18M26.00M62.00M53.00M188.00M89.00M292.00M163.00M163.00M156.00M134.00M313.00M212.00M310.00M441.00M342.00M306.00M345.00M244.00M181.00M194.00M187.00M177.00M129.00M
Interest Expense % of Total Revenue0.18%0.31%0.26%0.51%0.38%1.10%0.42%1.18%0.73%0.71%0.66%0.54%1.13%0.96%2.16%3.17%2.32%1.95%2.06%3.23%2.28%2.05%2.27%1.85%1.34%

Balance Sheet

Currency: ZAR2002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Assets6.98B6.18B6.05B6.78B7.54B8.45B10.98B13.58B12.53B12.42B12.28B12.97B16.12B15.18B14.45B9.55B9.46B11.60B13.63B10.38B9.37B9.66B9.36B9.11B9.65B
Total Liabilities3.40B2.62B2.50B3.21B3.50B3.70B5.63B7.28B6.17B6.11B6.47B7.75B11.60B15.06B11.71B7.52B6.91B8.23B9.86B5.52B5.01B5.36B5.29B4.93B5.08B
Total Equity1.95B2.27B2.48B2.61B2.93B2.31B4.47B3.45B4.75B5.08B5.00B4.41B4.31B3.64B2.85B2.27B2.79B3.54B3.94B4.76B4.25B4.18B3.92B4.01B4.39B
Cash1.44B1.51B2.00B1.52B2.15B1.61B2.12B2.11B1.25B1.38B1.10B1.30B1.41B1.34B1.49B1.37B768.00M1.38B1.80B1.38B757.00M740.00M1.14B1.02B1.35B
Total Debt963.08M474.89M524.00M519.00M362.00M238.00M1.03B2.39B1.62B1.37B1.87B2.30B4.71B4.88B5.00B3.27B2.79B2.93B3.63B2.39B2.11B1.81B1.75B1.69B1.67B
Net Debt-481.17M-1.03B-1.48B-1.00B-1.79B-1.38B-1.09B280.00M363.00M-14.00M767.00M1.00B3.30B3.53B3.50B1.82B1.93B1.55B1.83B1.01B1.35B1.07B611.00M675.00M319.00M

Cash Flow

Currency: ZAR2002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Operating Cash Flow894.47M933.42M795.00M750.00M819.00M10.00M1.30B646.00M1.29B1.08B1.00M1.15B762.00M1.17B1.25B94.00M582.00M677.00M1.02B1.62B407.00M974.00M1.40B1.57B1.83B
Investing Cash Flow-228.36M-16.98M-327.00M-1.38B-62.00M-467.00M-1.53B-1.90B-1.24B-686.00M-768.00M-1.14B-2.87B-1.02B-1.12B1.58B-971.00M-414.00M-270.00M-81.00M-510.00M-561.00M-533.00M-694.00M-819.00M
Financing Cash Flow-51.29M-592.68M68.00M155.00M-122.00M-120.00M704.00M345.00M-18.00M-307.00M37.00M1.00B989.00M453.00M-117.00M-1.48B-160.00M-185.00M-21.00M-1.72B-72.00M-357.00M-913.00M-516.00M-652.00M
Capital Expenditure255.44M200.18M229.00M333.00M0240.00M479.00M1.01B1.11B648.00M687.00M670.00M759.00M650.00M469.00M314.00M278.00M283.00M258.00M334.00M396.00M473.00M567.00M708.00M91.00M
Free Cash Flow639.02M733.24M566.00M417.00M819.00M-230.00M825.00M-362.00M184.00M429.00M-686.00M480.00M3.00M519.00M784.00M-220.00M304.00M394.00M765.00M1.28B11.00M501.00M1.16B582.00M1.74B
Dividends Paid89.72M99.66M117.00M--389.00M-----433.00M232.00M263.00M104.00M5.00M5.00M111.00M274.00M220.00M442.00M152.00M168.00M285.00M374.00M
FCF to OCF71.44%78.55%71.19%55.60%100.00%-2300.00%63.27%-56.04%14.26%39.83%-68600.00%41.74%0.39%44.40%62.57%-234.04%52.23%58.20%74.78%79.36%2.70%51.44%82.87%36.95%95.04%
Dividend Paid to FCF14.04%13.59%20.67%---169.13%-----90.21%7733.33%50.67%13.27%-2.27%1.64%28.17%35.82%17.13%4018.18%30.34%14.53%48.97%21.44%

Key Statistics & Ratios

Market Cap10.47B
Enterprise Value11.52B
Trailing P/E13.18
Forward P/E12.06
Price / Sales1.08
Price / Book2.49
EPS2.03
Book Value11.47
Revenue (TTM)9.72B
Gross Profit (TTM)4.85B
EBITDA1.59B
Profit Margin7.48%
Operating Margin13.75%
Return on Equity18.65%
Return on Assets8.12%
Shares Outstanding391.33M
Shares Float190.82M
Beta0.49
Dividend Yield5.38%
Dividend Rate1.44
Payout Ratio48.28%

Dividends

20231×
0.19May 31, 2023
20222×
0.16Nov 9, 20220.23Jun 1, 2022
20213×
0.07Nov 10, 20210.15Jun 2, 20210.96May 12, 2021
20202×
0.11Nov 11, 20200.09Jun 3, 2020
20192×
0.10Nov 13, 20190.14May 29, 2019
20181×
0.09Nov 14, 2018
20151×
0.10Jun 29, 2015
20141×
0.26Jun 30, 2014
20131×
0.20Jun 24, 2013
20121×
0.30Jun 25, 2012
20111×
0.35Jun 27, 2011
20101×
0.30Jun 28, 2010
20091×
0.39Jun 29, 2009
20081×
0.51Jun 23, 2008
20071×
0.39Jun 25, 2007
20061×
0.26May 29, 2006
20051×
0.21Jun 27, 2005
20041×
0.17Jun 28, 2004
20031×
0.14Jun 30, 2003