Latest news with #ADvTECH
IOL News
5 days ago
- Business
- IOL News
ADvTECH expands footprint in Africa with the acquisition of Regis Runda Academy in Kenya
ADvTECH is a JSE-listed private education group. It has acquired the Regis Runda Academy in Nairobi, Kenya. Image: Supplied ADvTECH, the JSE-listed South African private education company that is growing its footprint in other African markets, said Thursday it is acquiring the Kenya-based Regis Runda Academy for about R172 million. The deal means that ADvTECH is further expanding its Makini Schools offering in Nairobi, Kenya. Situated in the fast-developing Runda area, northeast of Nairobi, the school, with a capacity of 2,000 students and a full K – 12 offering, will be rebranded as Makini Schools Runda, adding to the six schools in ADvTECH's Makini Schools. "We are delighted to increase our Makini Schools footprint in Kenya and to bring the brand's compelling proposition to parents and students in one of the fastest developing regions of Nairobi," said ADvTECH CEO Geoff Whyte. ADvTECH said it would invest in AI-powered digital learning tools and significant enhancements to sporting facilities at the Regis site, to elevate student experience and maximise academic outcomes. In November 2023, ADvTECH acquired Flipper International School in Addis Ababa, Ethiopia. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading In June this year, ADvTECH launched Rosebank International University College in Accra, Ghana, its first tertiary institution outside South Africa, with the first academic semester to start on September 1, 2025. A second enrolment cycle would start in February 2026. "Our prudent approach to capital allocation positions us well to navigate the uncertainties of South Africa's sluggish economy while capitalising on positive growth opportunities across the African continent. We are particularly excited about developments in Botswana, Kenya, and our recent expansions into Ghana and Ethiopia, which present significant potential for further growth and strategic diversification," ADvTECH chairperson Professor Alex Watson said in the 2024 integrated annual report. ADvTECH's share price was trading 0.61% lower at R31.11 on Thursday afternoon on the JSE, little changed from R29.36 a year ago. BUSINESS REPORT
Yahoo
19-04-2025
- Business
- Yahoo
Could The Market Be Wrong About ADvTECH Limited (JSE:ADH) Given Its Attractive Financial Prospects?
ADvTECH (JSE:ADH) has had a rough three months with its share price down 6.4%. However, a closer look at its sound financials might cause you to think again. Given that fundamentals usually drive long-term market outcomes, the company is worth looking at. Particularly, we will be paying attention to ADvTECH's ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for ADvTECH is: 19% = R1.2b ÷ R6.2b (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every ZAR1 worth of shareholders' equity, the company generated ZAR0.19 in profit. Check out our latest analysis for ADvTECH Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. To start with, ADvTECH's ROE looks acceptable. Especially when compared to the industry average of 13% the company's ROE looks pretty impressive. This probably laid the ground for ADvTECH's moderate 20% net income growth seen over the past five years. Next, on comparing with the industry net income growth, we found that ADvTECH's growth is quite high when compared to the industry average growth of 14% in the same period, which is great to see. Earnings growth is a huge factor in stock valuation. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. What is ADH worth today? The intrinsic value infographic in our free research report helps visualize whether ADH is currently mispriced by the market. ADvTECH has a three-year median payout ratio of 41%, which implies that it retains the remaining 59% of its profits. This suggests that its dividend is well covered, and given the decent growth seen by the company, it looks like management is reinvesting its earnings efficiently. Besides, ADvTECH has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. On the whole, we feel that ADvTECH's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
05-04-2025
- Business
- Yahoo
ADvTECH Limited (JSE:ADH) Pays A R00.63 Dividend In Just Three Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see ADvTECH Limited (JSE:ADH) is about to trade ex-dividend in the next 3 days. The ex-dividend date is commonly two business days before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company's books on the record date. In other words, investors can purchase ADvTECH's shares before the 9th of April in order to be eligible for the dividend, which will be paid on the 14th of April. The company's next dividend payment will be R00.63 per share, and in the last 12 months, the company paid a total of R1.01 per share. Based on the last year's worth of payments, ADvTECH stock has a trailing yield of around 3.3% on the current share price of R030.62. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. ADvTECH paid out more than half (50%) of its earnings last year, which is a regular payout ratio for most companies. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. It paid out 92% of its free cash flow in the form of dividends last year, which is outside the comfort zone for most businesses. Cash flows are usually much more volatile than earnings, so this could be a temporary effect - but we'd generally want to look more closely here. While ADvTECH's dividends were covered by the company's reported profits, cash is somewhat more important, so it's not great to see that the company didn't generate enough cash to pay its dividend. Cash is king, as they say, and were ADvTECH to repeatedly pay dividends that aren't well covered by cashflow, we would consider this a warning sign. See our latest analysis for ADvTECH Click here to see how much of its profit ADvTECH paid out over the last 12 months. Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. For this reason, we're glad to see ADvTECH's earnings per share have risen 18% per annum over the last five years. Earnings have been growing at a decent rate, but we're concerned dividend payments consumed most of the company's cash flow over the past year. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the past 10 years, ADvTECH has increased its dividend at approximately 15% a year on average. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see. From a dividend perspective, should investors buy or avoid ADvTECH? Earnings per share growth is a positive, and the company's payout ratio looks normal. However, we note ADvTECH paid out a much higher percentage of its free cash flow, which makes us uncomfortable. It might be worth researching if the company is reinvesting in growth projects that could grow earnings and dividends in the future, but for now we're not all that optimistic on its dividend prospects. Keen to explore more data on ADvTECH's financial performance? Check out our visualisation of its historical revenue and earnings growth. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
