Discovery Limited Logo

Discovery Limited

DSY.JO

(1.8)
Stock Price

17.663,00 ZAc

2.08% ROA

10.01% ROE

20.18x PER

Market Cap.

113.473.177.885,00 ZAc

37.53% DER

1.02% Yield

7.09% NPM

Discovery Limited Stock Analysis

Discovery Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Discovery Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (38%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

ROE in an average range (6.62%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (1.05%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (1.68x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

6 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock appears undervalued (14.792), presenting an attractive investment chance with its intrinsic value surpassing the current market price.

7 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

8 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Discovery Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Discovery Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Discovery Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Discovery Limited Revenue
Year Revenue Growth
2001 3.424.400.000
2002 3.508.000.000 2.38%
2003 3.535.000.000 0.76%
2004 3.775.000.000 6.36%
2005 5.422.000.000 30.38%
2006 6.501.000.000 16.6%
2007 7.323.000.000 11.22%
2008 9.164.000.000 20.09%
2009 13.830.000.000 33.74%
2010 17.222.000.000 19.7%
2011 19.934.000.000 13.6%
2012 24.932.000.000 20.05%
2013 34.183.000.000 27.06%
2014 41.010.000.000 16.65%
2015 43.741.000.000 6.24%
2016 44.457.000.000 1.61%
2017 52.848.000.000 15.88%
2018 56.135.000.000 5.86%
2019 63.551.000.000 11.67%
2020 75.344.000.000 15.65%
2021 66.224.000.000 -13.77%
2022 84.771.000.000 21.88%
2023 70.278.000.000 -20.62%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Discovery Limited Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Discovery Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 1.095.500.000
2002 1.437.000.000 23.76%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 496.000.000 100%
2013 541.000.000 8.32%
2014 0 0%
2015 0 0%
2016 1.362.000.000 100%
2017 1.165.000.000 -16.91%
2018 1.213.000.000 3.96%
2019 1.315.000.000 7.76%
2020 1.374.000.000 4.29%
2021 1.519.000.000 9.55%
2022 1.641.000.000 7.43%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Discovery Limited EBITDA
Year EBITDA Growth
2001 469.800.000
2002 614.900.000 23.6%
2003 720.000.000 14.6%
2004 883.000.000 18.46%
2005 1.097.000.000 19.51%
2006 1.479.000.000 25.83%
2007 1.716.000.000 13.81%
2008 1.970.000.000 12.89%
2009 2.511.000.000 21.55%
2010 3.987.000.000 37.02%
2011 3.771.000.000 -5.73%
2012 4.088.000.000 7.75%
2013 4.719.000.000 13.37%
2014 6.796.000.000 30.56%
2015 5.452.000.000 -24.65%
2016 7.120.000.000 23.43%
2017 9.435.000.000 24.54%
2018 7.838.000.000 -20.38%
2019 721.000.000 -987.1%
2020 4.132.000.000 82.55%
2021 6.887.000.000 40%
2022 7.220.000.000 4.61%
2023 -2.758.000.000 361.78%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Discovery Limited Gross Profit
Year Gross Profit Growth
2001 3.424.400.000
2002 3.508.000.000 2.38%
2003 3.535.000.000 0.76%
2004 3.775.000.000 6.36%
2005 5.422.000.000 30.38%
2006 6.501.000.000 16.6%
2007 7.323.000.000 11.22%
2008 9.164.000.000 20.09%
2009 13.830.000.000 33.74%
2010 17.222.000.000 19.7%
2011 19.934.000.000 13.6%
2012 24.932.000.000 20.05%
2013 34.183.000.000 27.06%
2014 41.010.000.000 16.65%
2015 43.741.000.000 6.24%
2016 44.457.000.000 1.61%
2017 52.848.000.000 15.88%
2018 56.135.000.000 5.86%
2019 63.551.000.000 11.67%
2020 75.344.000.000 15.65%
2021 66.224.000.000 -13.77%
2022 84.771.000.000 21.88%
2023 152.260.000.000 44.32%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Discovery Limited Net Profit
Year Net Profit Growth
2001 239.400.000
2002 362.200.000 33.9%
2003 421.000.000 13.97%
2004 576.000.000 26.91%
2005 666.000.000 13.51%
2006 1.073.000.000 37.93%
2007 1.158.000.000 7.34%
2008 1.212.000.000 4.46%
2009 1.715.000.000 29.33%
2010 2.579.000.000 33.5%
2011 2.222.000.000 -16.07%
2012 2.131.000.000 -4.27%
2013 3.314.000.000 35.7%
2014 5.552.000.000 40.31%
2015 3.730.000.000 -48.85%
2016 4.494.000.000 17%
2017 5.735.000.000 21.64%
2018 6.614.000.000 13.29%
2019 178.000.000 -3615.73%
2020 3.220.000.000 94.47%
2021 5.478.000.000 41.22%
2022 6.579.000.000 16.74%
2023 6.508.000.000 -1.09%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Discovery Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 1
2002 1 0%
2003 1 0%
2004 1 100%
2005 1 0%
2006 2 0%
2007 2 50%
2008 2 0%
2009 3 33.33%
2010 5 25%
2011 4 -33.33%
2012 4 0%
2013 6 40%
2014 9 44.44%
2015 6 -80%
2016 7 16.67%
2017 9 25%
2018 10 20%
2019 0 0%
2020 5 100%
2021 8 50%
2022 8 -14.29%
2023 10 22.22%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Discovery Limited Free Cashflow
Year Free Cashflow Growth
2001 -126.200.000
2002 -59.300.000 -112.82%
2003 -27.000.000 -119.63%
2004 284.000.000 109.51%
2005 487.000.000 41.68%
2006 406.000.000 -19.95%
2007 187.000.000 -117.11%
2008 1.056.000.000 82.29%
2009 1.413.000.000 25.27%
2010 -130.000.000 1186.92%
2011 1.203.000.000 110.81%
2012 1.298.000.000 7.32%
2013 2.093.000.000 37.98%
2014 2.684.000.000 22.02%
2015 -1.733.000.000 254.88%
2016 -2.424.000.000 28.51%
2017 1.004.000.000 341.43%
2018 -771.000.000 230.22%
2019 6.049.000.000 112.75%
2020 8.543.000.000 29.19%
2021 1.755.000.000 -386.78%
2022 238.000.000 -637.39%
2023 -627.500.000 137.93%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Discovery Limited Operating Cashflow
Year Operating Cashflow Growth
2001 32.100.000
2002 101.000.000 68.22%
2003 92.000.000 -9.78%
2004 420.000.000 78.1%
2005 580.000.000 27.59%
2006 575.000.000 -0.87%
2007 385.000.000 -49.35%
2008 1.211.000.000 68.21%
2009 1.630.000.000 25.71%
2010 -6.000.000 27266.67%
2011 1.457.000.000 100.41%
2012 1.781.000.000 18.19%
2013 2.813.000.000 36.69%
2014 3.415.000.000 17.63%
2015 985.000.000 -246.7%
2016 -832.000.000 218.39%
2017 3.414.000.000 124.37%
2018 1.738.000.000 -96.43%
2019 8.065.000.000 78.45%
2020 10.407.000.000 22.5%
2021 3.597.000.000 -189.32%
2022 2.549.000.000 -41.11%
2023 -504.500.000 605.25%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Discovery Limited Capital Expenditure
Year Capital Expenditure Growth
2001 158.300.000
2002 160.300.000 1.25%
2003 119.000.000 -34.71%
2004 136.000.000 12.5%
2005 93.000.000 -46.24%
2006 169.000.000 44.97%
2007 198.000.000 14.65%
2008 155.000.000 -27.74%
2009 217.000.000 28.57%
2010 124.000.000 -75%
2011 254.000.000 51.18%
2012 483.000.000 47.41%
2013 720.000.000 32.92%
2014 731.000.000 1.5%
2015 2.718.000.000 73.11%
2016 1.592.000.000 -70.73%
2017 2.410.000.000 33.94%
2018 2.509.000.000 3.95%
2019 2.016.000.000 -24.45%
2020 1.864.000.000 -8.15%
2021 1.842.000.000 -1.19%
2022 2.311.000.000 20.29%
2023 123.000.000 -1778.86%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Discovery Limited Equity
Year Equity Growth
2001 1.672.600.000
2002 2.201.200.000 24.01%
2003 2.436.000.000 9.64%
2004 3.275.000.000 25.62%
2005 4.212.000.000 22.25%
2006 5.362.000.000 21.45%
2007 6.164.000.000 13.01%
2008 7.013.000.000 12.11%
2009 8.382.000.000 16.33%
2010 8.973.000.000 6.59%
2011 11.731.000.000 23.51%
2012 13.708.000.000 14.42%
2013 17.411.000.000 21.27%
2014 27.356.000.000 36.35%
2015 30.607.000.000 10.62%
2016 32.290.000.000 5.21%
2017 37.594.000.000 14.11%
2018 43.083.000.000 12.74%
2019 44.553.000.000 3.3%
2020 46.419.000.000 4.02%
2021 53.555.000.000 13.32%
2022 63.974.000.000 16.29%
2023 57.719.000.000 -10.84%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Discovery Limited Assets
Year Assets Growth
2001 2.307.900.000
2002 3.341.000.000 30.92%
2003 4.032.000.000 17.14%
2004 5.216.000.000 22.7%
2005 6.792.000.000 23.2%
2006 8.643.000.000 21.42%
2007 10.793.000.000 19.92%
2008 14.931.000.000 27.71%
2009 20.994.000.000 28.88%
2010 30.905.000.000 32.07%
2011 40.662.000.000 24%
2012 54.933.000.000 25.98%
2013 72.196.000.000 23.91%
2014 89.462.000.000 19.3%
2015 118.577.000.000 24.55%
2016 130.923.000.000 9.43%
2017 157.982.000.000 17.13%
2018 180.233.000.000 12.35%
2019 210.328.000.000 14.31%
2020 246.694.000.000 14.74%
2021 271.224.000.000 9.04%
2022 301.927.000.000 10.17%
2023 284.111.000.000 -6.27%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Discovery Limited Liabilities
Year Liabilities Growth
2001 635.300.000
2002 1.139.800.000 44.26%
2003 128.000.000 -790.47%
2004 323.000.000 60.37%
2005 2.580.000.000 87.48%
2006 3.281.000.000 21.37%
2007 4.629.000.000 29.12%
2008 7.918.000.000 41.54%
2009 12.612.000.000 37.22%
2010 21.932.000.000 42.49%
2011 28.931.000.000 24.19%
2012 41.225.000.000 29.82%
2013 54.785.000.000 24.75%
2014 62.106.000.000 11.79%
2015 87.970.000.000 29.4%
2016 98.633.000.000 10.81%
2017 120.388.000.000 18.07%
2018 137.150.000.000 12.22%
2019 165.775.000.000 17.27%
2020 200.275.000.000 17.23%
2021 217.669.000.000 7.99%
2022 237.953.000.000 8.52%
2023 226.392.000.000 -5.11%

Discovery Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
119.9
Net Income per Share
8.5
Price to Earning Ratio
20.18x
Price To Sales Ratio
1.43x
POCF Ratio
47.77
PFCF Ratio
144.37
Price to Book Ratio
1.97
EV to Sales
1.46
EV Over EBITDA
-56.58
EV to Operating CashFlow
48.77
EV to FreeCashFlow
147.79
Earnings Yield
0.05
FreeCashFlow Yield
0.01
Market Cap
113,47 Bil.
Enterprise Value
116,16 Bil.
Graham Number
128.96
Graham NetNet
-312.6

Income Statement Metrics

Net Income per Share
8.5
Income Quality
0.42
ROE
0.1
Return On Assets
0.02
Return On Capital Employed
0.03
Net Income per EBT
0.76
EBT Per Ebit
0.9
Ebit per Revenue
0.1
Effective Tax Rate
0.29

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.98
Operating Profit Margin
0.1
Pretax Profit Margin
0.09
Net Profit Margin
0.07

Dividends

Dividend Yield
0.01
Dividend Yield %
1.02
Payout Ratio
0.15
Dividend Per Share
1.75

Operating Metrics

Operating Cashflow per Share
3.59
Free CashFlow per Share
1.18
Capex to Operating CashFlow
0.67
Capex to Revenue
0.02
Capex to Depreciation
0.76
Return on Invested Capital
0.07
Return on Tangible Assets
0.02
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
2.41

Balance Sheet

Cash per Share
28,59
Book Value per Share
86,99
Tangible Book Value per Share
68.1
Shareholders Equity per Share
86.99
Interest Debt per Share
37.11
Debt to Equity
0.38
Debt to Assets
0.08
Net Debt to EBITDA
-1.31
Current Ratio
3161.83
Tangible Asset Value
45,19 Bil.
Net Current Asset Value
-207,42 Bil.
Invested Capital
35077000000
Working Capital
18,97 Bil.
Intangibles to Total Assets
0.04
Average Receivables
0,00 Bil.
Average Payables
49,76 Bil.
Average Inventory
0
Debt to Market Cap
0.19

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Discovery Limited Dividends
Year Dividends Growth
2006 26
2007 36 27.78%
2008 43 16.28%
2009 57 23.21%
2010 67 16.42%
2011 88 22.99%
2012 101 13%
2013 121 17.36%
2014 147 17.69%
2015 175 15.52%
2016 176 0.57%
2017 186 5.91%
2018 215 13.49%
2019 215 0%
2020 101 -112.87%
2023 110 8.18%
2024 217 49.31%

Discovery Limited Profile

About Discovery Limited

Discovery Limited provides various insurance products and services primarily in South Africa, the United Kingdom, and the United States. It operates through Health South Africa, Life South Africa, Invest South Africa, Vitality South Africa, Insure South Africa, Bank South Africa, Health United Kingdom, Life United Kingdom, and All Other segments. The company offers health, life, car, and home insurance products; motor, building, household content, and portable possessions insurance products; and commercial short-term risk insurance products. It also provides investment products and credit cards; retail banking solutions; and Vitality, which offers health and lifestyle benefits, such as rewards for living healthier, driving well, and banking well. The company was formerly known as Discovery Holdings Limited and changed its name to Discovery Limited in December 2012. Discovery Limited was incorporated in 1992 and is based in Sandton, South Africa.

CEO
Mr. Neville S. Koopowitz B.Com
Employee
13.700
Address
1 Discovery Place
Sandton, 2146

Discovery Limited Executives & BODs

Discovery Limited Executives & BODs
# Name Age
1 Mr. Neville S. Koopowitz B.Com., CFP
Chief Executive Officer of Vitality UK
70
2 Mr. Hylton D. Kallner BEconSc, FASSA, FFA
Chief Executive Officer of Discovery's South African Operations
70
3 Mr. Adrian Gore ASA, B.Sc., BSc (Hons), FASSA, FFA
Founder, Group Chief Executive & Executive Director
70
4 Mr. Barry Swartzberg ASA, B.Sc., CFP, FASSA, FFA
Executive Director
70
5 Mr. Derek Wilcocks B.Econ.Sc, B.Sc
Group Chief Information Officer
70
6 Mr. Deon Marius Viljoen B.Com., BCom (Hons), C.A., CA (SA)
Group Chief Financial Officer, Financial Director, Debt Officer & Executive Director
70
7 Mr. Khalik Mayet
Head of Legal Services
70
8 David Danilowitz
Head of Investor Relations
70
9 Ms. Jo-Ann Ferreira
Group Chief Compliance Officer
70
10 Felicity Hudson
Head of Media Relations
70

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