YOLFTbeta
Combined Motor Holdings Limited

Combined Motor Holdings Limited

CMH · JSE · Consumer Cyclical / Auto & Truck Dealerships

3,750.00ZAC+40.00 (+1.08%)

Price History

Full chart

Market Stats

Previous Close3,710.00
Open3,750.00
Day Range3,716.00 – 3,750.00
52-Week Range3,211.00 – 4,500.00
Volume11.91K
Market Cap2.47B
P/E (TTM)6.76
Forward P/E4.32
EPS5.25
Dividend Yield6.25%
Beta0.36
50-Day Avg3,783.14
200-Day Avg3,786.65

About

Combined Motor Holdings Limited, an investment holding company, engages in the motor retail and distribution, car hire, and financial services business in South Africa. The company operates through Motor Retail and Distribution, Car Hire, Financial Services, and Corporate Service and Other segments. It offers new and used vehicles, including parts and accessories; and fleet solutions. The company also provides car rental services. In addition, it offers insurance products that includes death, disability, dread disease and retrenchment of customers, and vehicle and component warranties, as well as vehicle financing. Further, the company is involved in supply and installation of workshop lifting, lubrication and diagnostic equipment, waterless car wash systems, and office consumables services. Combined Motor Holdings Limited was incorporated in 1965 and is headquartered in Durban, South Africa.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto & Truck Dealerships
  • CEOMr. Jebb D. McIntosh C.A., CA (SA)
  • Employees2.71K
  • Headquarters1 Wilton Crescent, Durban, South Africa, 4319, South Africa
  • Websitehttps://www.cmh.co.za

Leadership

  • Mr. Jebb D. McIntosh C.A., CA (SA)Founder, CEO, MD & Executive Director · b. 1946
  • Ms. Priya M. M. GovindChief Financial Officer
  • Mr. Stuart Keith Jackson B.Com., C.A., CA (SA)Executive Director · b. 1953
  • Mr. Bruce William John BarrittExecutive Director · b. 1959
  • Sarah FerrierMarketing Manager
  • Ms. Varuna NaidooGroup Company Secretary

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 Revenue2.65B2.59B3.22B4.45B6.76B9.09B8.81B6.58B6.51B7.36B8.29B8.97B10.83B10.74B11.02B10.22B10.57B11.15B11.16B8.58B11.17B12.43B12.84B13.25B15.71B
Growth (%)--2.12%+24.28%+38.30%+51.70%+34.46%-3.01%-25.31%-1.13%+13.13%+12.65%+8.18%+20.73%-0.86%+2.59%-7.18%+3.40%+5.51%+0.01%-23.10%+30.17%+11.34%+3.26%+3.21%+18.56%
Cost of Revenue2.16B2.08B2.68B3.83B5.73B7.72B7.49B5.48B5.39B6.08B6.92B7.41B9.16B8.99B9.28B8.54B8.81B9.33B9.29B7.09B9.10B10.04B10.31B10.79B13.01B
Gross Profit484.91M508.61M542.00M624.33M1.03B1.37B1.33B1.10B1.12B1.29B1.37B1.56B1.67B1.75B1.74B1.69B1.77B1.83B1.86B1.49B2.07B2.40B2.53B2.46B2.70B
Gross Margin18.32%19.63%16.83%14.02%15.22%15.05%15.04%16.69%17.16%17.48%16.53%17.42%15.41%16.31%15.80%16.48%16.71%16.36%16.72%17.39%18.54%19.28%19.67%18.60%17.21%
Operating Expense401.70M413.26M433.26M451.88M775.93M1.03B1.11B1.05B1.01B1.09B1.15B1.27B1.35B1.43B1.37B1.31B1.33B1.41B1.45B1.15B1.46B1.62B1.74B1.83B1.98B
Operating Income83.22M95.35M108.74M172.45M252.71M339.76M212.24M46.38M108.10M199.99M217.12M293.73M320.22M326.16M372.90M379.65M438.38M411.18M417.28M345.05M606.15M773.41M781.16M639.54M727.98M
Operating Margin3.14%3.68%3.38%3.87%3.74%3.74%2.41%0.70%1.66%2.72%2.62%3.27%2.96%3.04%3.39%3.71%4.15%3.69%3.74%4.02%5.43%6.22%6.08%4.83%4.63%
EBITDA83.22M95.35M100.86M176.82M275.55M350.20M243.75M109.86M157.59M212.82M289.67M364.33M424.77M465.45M504.11M512.02M579.07M720.82M721.20M565.14M874.47M1.16B1.13B988.45M1.11B
EBITDA Margin3.14%3.68%3.13%3.97%4.08%3.85%2.77%1.67%2.42%2.89%3.49%4.06%3.92%4.33%4.58%5.01%5.48%6.46%6.46%6.59%7.83%9.29%8.81%7.46%7.06%
Net Income41.37M50.16M62.11M113.05M166.11M193.68M111.91M2.06M54.78M130.34M144.15M186.40M169.44M152.39M182.50M196.98M247.36M228.17M190.52M168.76M374.89M443.46M408.48M301.49M390.95M
Net Income Margin1.56%1.94%1.93%2.54%2.46%2.13%1.27%0.03%0.84%1.77%1.74%2.08%1.56%1.42%1.66%1.93%2.34%2.05%1.71%1.97%3.36%3.57%3.18%2.28%2.49%
Interest Expense12.64M10.10M6.37M2.90M23.50M42.53M52.69M50.44M34.19M32.35M34.04M79.87M89.26M103.36M117.64M126.34M124.87M181.72M193.24M136.66M124.11M192.76M280.01M288.06M282.18M
Interest Expense % of Total Revenue0.48%0.39%0.20%0.07%0.35%0.47%0.60%0.77%0.53%0.44%0.41%0.89%0.82%0.96%1.07%1.24%1.18%1.63%1.73%1.59%1.11%1.55%2.18%2.17%1.80%

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 Assets543.10M725.26M857.48M1.14B1.77B2.37B2.25B1.97B2.01B2.18B2.48B2.73B2.57B2.69B2.78B2.79B2.77B3.11B3.65B3.27B3.78B4.98B5.19B5.47B5.91B
Total Liabilities353.66M499.33M584.55M775.25M1.29B1.92B1.76B1.52B1.51B1.59B1.82B1.94B2.01B2.05B2.30B2.21B2.07B2.32B2.84B2.36B2.67B3.71B3.82B4.06B4.44B
Total Equity189.20M225.50M272.30M364.65M477.14M438.09M472.72M451.90M500.76M588.57M671.54M798.82M565.61M640.35M480.09M572.43M698.40M785.50M813.76M909.25M1.11B1.26B1.37B1.42B1.47B
Cash122.95M149.17M191.63M282.89M133.93M330.51M223.47M211.99M253.08M312.59M395.41M340.66M308.48M450.54M498.25M489.22M372.88M675.97M659.62M754.83M817.74M761.88M815.11M954.12M1.15B
Total Debt9.38M12.53M3.78M2.43M48.84M340.61M83.22M317.07M310.19M287.32M111.17M106.57M726.16M757.35M777.55M887.90M935.04M1.28B1.28B1.09B1.35B1.87B904.46M1.97B2.13B
Net Debt-113.58M-136.64M-187.84M-280.46M-85.09M10.09M-140.25M105.08M57.11M-25.26M-284.24M-234.09M417.68M306.80M279.30M398.68M241.87M181.65M619.88M335.00M533.53M1.10B89.36M1.01B987.21M

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 Flow96.77M34.18M66.64M137.37M116.11M60.78M-36.33M68.84M113.61M142.79M164.62M-16.99M395.32M346.23M511.37M193.60M133.90M576.41M461.30M440.25M394.00M542.36M719.93M766.87M910.28M
Investing Cash Flow-43.30M-11.12M-16.57M-47.40M-267.05M-157.79M-41.73M-47.77M-34.23M-39.94M-30.18M-16.00M-50.54M-30.91M-15.21M10.66M-24.19M-27.84M-86.48M-64.06M44.88M-7.06M38.05M42.16M33.68M
Financing Cash Flow-2.63M3.16M-7.63M1.30M1.99M293.59M-28.98M-32.55M-38.28M-43.34M-51.63M-21.77M-371.24M-173.26M-448.45M-213.30M-226.04M-245.48M-391.16M-280.99M-375.96M-591.17M-704.75M-670.01M-752.67M
Capital Expenditure15.82M11.97M19.38M51.45M276.50M36.06M35.46M34.17M21.23M25.92M26.41M37.08M38.23M32.86M37.01M36.24M20.62M38.93M50.12M87.05M32.18M67.24M48.98M52.17M52.61M
Free Cash Flow80.94M22.21M47.26M85.91M-160.39M24.72M-71.78M34.67M92.38M116.86M138.21M-54.06M357.10M313.37M474.37M157.36M113.28M537.48M411.19M353.20M361.82M475.13M670.96M714.69M857.67M
Dividends Paid-----------66.20M85.03M77.28M97.14M104.72M120.43M131.65M131.65M76.16M175.78M293.97M288.74M240.86M127.91M
FCF to OCF83.65%64.97%70.92%62.54%-138.13%40.67%197.61%50.36%81.32%81.85%83.96%318.28%90.33%90.51%92.76%81.28%84.60%93.25%89.14%80.23%91.83%87.60%93.20%93.20%94.22%
Dividend Paid to FCF------------122.45%23.81%24.66%20.48%66.55%106.31%24.49%32.02%21.56%48.58%61.87%43.03%33.70%14.91%

Key Statistics & Ratios

Market Cap2.47B
Enterprise Value3.44B
Trailing P/E6.76
Forward P/E4.32
Price / Sales0.16
Price / Book1.67
EPS5.25
Book Value21.18
Revenue (TTM)15.71B
Gross Profit (TTM)2.70B
EBITDA928.79M
Profit Margin2.49%
Operating Margin5.29%
Return on Equity27.09%
Return on Assets8.27%
Shares Outstanding69.42M
Shares Float41.93M
Beta0.36
Dividend Yield6.25%
Dividend Rate2.22
Payout Ratio39.55%

Dividends

20231×
240.00Jun 13, 2023
20222×
168.00Dec 13, 2022225.00Jun 8, 2022
20212×
110.00Dec 14, 2021125.00Jun 9, 2021
20201×
100.00Dec 9, 2020
20192×
61.00Dec 11, 2019115.00Jun 12, 2019
20182×
61.00Dec 12, 2018115.00Jun 13, 2018
20172×
61.00Dec 13, 2017100.00Jun 13, 2017
20162×
55.00Dec 13, 201685.00Jun 10, 2016
20152×
46.50Dec 7, 201565.00Jun 8, 2015
20142×
32.50Dec 8, 201450.00Jun 9, 2014
20132×
28.00Dec 9, 201350.00Jun 10, 2013
20122×
25.00Dec 10, 201236.00Jun 11, 2012
20112×
13.00Dec 9, 201130.00Jun 6, 2011

Stock Splits

  • Jan 29, 20075:1