RBX.JSE Raubex
- Market cap
- ZAC 8.01B
- P/E
- 766.8x
- P/B
- 108.15x
- ROE
- 15.1%
- Dividend yield
- 5.47%
- Fundamental score
- 3.6/5
Ratios use the latest price and the fiscal year ending Feb 2026.
Is RBX.JSE undervalued?
Graham numberThe Graham number of Raubex cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Raubex fundamental analysis
17 of 22 checks passedROE 1/2
Moderate return on equity (15.1%), between 10% and 20%.
ROA 0/1
Return on assets (6.7%) is below the industry median (7.2%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (0.7%) is not above the 5-year average (47.0% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (0.7%) is below the industry median (0.7%).
Revenue Growth 2/2
Revenue grew 12.9% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (39.1%), 40% or less.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 8.3x against interest expense, well covered.
PE vs Market 1/1
PE (7.6x) is below the market median (9.1x).
PE vs Industry 1/1
PE (7.6x) is below the industry median (12.6x).
PBV 0/1
Price to book (1.1x) is above the industry median (1.1x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 8.1, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.16, growth is cheap.
Dividend Yield 1/2
Dividend yield (4.0%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 1/2
Dividends paid without a cut of more than 10% for 6 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 30.3%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Raubex stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Raubex
Raubex Group Limited engages in the infrastructure development and construction materials business in South Africa, Australia, rest of Africa, and internationally. The company operates through four segments: Materials Handling and Mining, Construction Materials, Roads and Earthworks, and Infrastructure. The Materials Handling and Mining segment is involved in the contract mining; contract crushing; materials handling and processing services for the mining industry. The Const…
Full company profileRaubex financial statements
Raubex annual financial statements (ZAR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 9.01B | 8.54B | 8.52B | 8.73B | 8.85B | 11.6B | 15.3B | 17.4B | 21.1B | 22.0B |
| Gross Profit | 1.24B | 1.13B | 727M | 1.09B | 1.01B | 1.59B | 2.11B | 2.48B | 2.50B | 2.84B |
| Operating Income | 662M | 672M | 207M | 480M | 364M | 945M | 1.28B | 1.54B | 1.56B | 1.76B |
| EBITDA | 1.08B | 1.08B | 628M | 979M | 880M | 1.42B | 1.99B | 2.40B | 2.51B | 2.60B |
| Net Income | 372M | 424M | 58.0M | 252M | 158M | 554M | 704M | 848M | 1.08B | 1.10B |
| EPS | 2.02 | 2.34 | 0.32 | 1.38 | 0.87 | 3.05 | 3.89 | 4.67 | 5.94 | 5.97 |
| Balance Sheet | ||||||||||
| Total Assets | 6.99B | 7.14B | 7.27B | 7.98B | 8.49B | 10.00B | 11.3B | 13.2B | 14.9B | 16.5B |
| Total Liabilities | 3.04B | 2.94B | 2.94B | 3.47B | 3.81B | 4.78B | 5.54B | 6.59B | 7.76B | 8.59B |
| Shareholders' Equity | 3.80B | 4.04B | 4.06B | 4.26B | 4.40B | 4.80B | 5.30B | 5.91B | 6.60B | 7.30B |
| Cash & Short-term Investments | 1.10B | 1.08B | 963M | 1.01B | 1.90B | 1.50B | 1.70B | 1.66B | 2.12B | 1.87B |
| Total Debt | 957M | 801M | 672M | 1.29B | 1.20B | 1.42B | 1.63B | 2.09B | 2.39B | 2.85B |
| Cash Flow | ||||||||||
| Operating Cash Flow | 984M | 846M | 616M | 590M | 1.12B | 566M | 1.59B | 1.48B | 1.96B | 1.17B |
| Capital Expenditure | 441M | 441M | 421M | 582M | 417M | 696M | 1.15B | 1.70B | 1.38B | 1.15B |
| Free Cash Flow | 544M | 405M | 195M | 8.74M | 703M | -130M | 438M | -219M | 577M | 13.8M |
| Ratios | ||||||||||
| ROE | 9.8% | 10.5% | 1.4% | 5.9% | 3.6% | 11.5% | 13.3% | 14.4% | 16.4% | 15.1% |
| ROA | 5.3% | 5.9% | 0.8% | 3.2% | 1.9% | 5.5% | 6.2% | 6.4% | 7.3% | 6.7% |
| Net Profit Margin | 4.1% | 5.0% | 0.7% | 2.9% | 1.8% | 4.8% | 4.6% | 4.9% | 5.1% | 5.0% |
| Debt to Equity | 0.25x | 0.20x | 0.17x | 0.30x | 0.27x | 0.30x | 0.31x | 0.35x | 0.36x | 0.39x |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Raubex dividends
- Dividend yield
- 5.47%
- Forward dividend
- 2.42 ZAC
- Payout ratio
- 30.3%
- Ex-dividend date
- May 27, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | ZAR 333M | 1.81 | 30.3% |
| 2025 | ZAR 335M | 1.83 | 30.9% |
| 2024 | ZAR 249M | 1.38 | 29.4% |
| 2023 | ZAR 192M | 1.06 | 27.3% |
| 2022 | ZAR 137M | 0.75 | 24.8% |
| 2021 | ZAR 43.4M | 0.24 | 27.4% |
| 2020 | ZAR 79.8M | 0.44 | 31.7% |
| 2019 | ZAR 81.8M | 0.45 | 141.1% |
| 2018 | ZAR 164M | 0.90 | 38.6% |
| 2017 | ZAR 160M | 0.87 | 43.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Raubex
- Insiders 0.64%
- Institutions 76.63%
- Public & others 22.73%
- Shares outstanding 180M
- Free float 179M
Raubex company profile
- Company name
- Raubex
- Ticker
- RBX.JSE
- ISIN
- ZAE000093183
- Exchange
- Johannesburg Exchange
- Sector
- Industrials
- Industry
- Construction & Engineering
- Fiscal year end
- February
- Address
- Kenneth Kaunda Road Extension, Bloemfontein, South Africa, 9301
- Phone
- 27 51 406 2000
- Website
- raubex.com
About Raubex
Raubex Group Limited engages in the infrastructure development and construction materials business in South Africa, Australia, rest of Africa, and internationally. The company operates through four segments: Materials Handling and Mining, Construction Materials, Roads and Earthworks, and Infrastructure. The Materials Handling and Mining segment is involved in the contract mining; contract crushing; materials handling and processing services for the mining industry. The Construction Materials segment produces and supplies aggregates from commercial quarries, asphalt, and value-added bituminous products. The Roads and Earthworks segment is involved in the road construction and earthworks, and road surfacing and rehabilitation activities, including laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The Infrastructure segment undertakes infrastructure projects, which includes renewable energy, telecommunications, facilities management, housing infrastructure, and commercial building refurbishment and construction projects. Raubex Group Limited was founded in 1974 and is headquartered in Bloemfontein, South Africa.
Raubex management
9- Ms. Ntombi Msiza B.Com., HDip (Tax), M.B.A.CEO, Governance, Compliance & Risk Director and Executive Director · born 1974
- Mr. Samuel Jacobus Odendaal B.Com., C.A.Financial Director & Executive Director · born 1976
- Mr. Jacob G. van der BijlCOO & Executive Director · born 1969
- Mr. Dieter W. RenckenDivisional Managing Director of Roads & Earthworks Division · born 1968
- Mr. W. Sandile MazibukoDivisional MD of Materials Handling & Mining Division and Construction Materials Division · born 1976
- AJ KrugerDivisional Managing Director of Infrastructure Division · born 1971
- Ms. Grace Miriam Chemaly B.Iuris, L.L.B.Company Secretary & Legal Advisor · born 1973
- Mr. Trevor A. DaleGroup Human Resource Manager
- Mr. Braam KriekDivisional Managing Director of Australia Division · born 1968