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General information

Sector: Financials

The company is not available at Interactive Brokers

Reinet (JSE:RNI) was established on 21 October 2008 when the former Richemont SA changed its legal form to that of a partnership limited by shares and adopted the name Reinet Investments S.C.A.
At the same time as it changed its legal status, Richemont SA redeemed its ordinary capital, which was held exclusively by Compagnie Financière Richemont S.A. (JSE:CFR), by way of the distribution to CFR of its entire luxury goods interests. In consequence, CFR became a specifically focused luxury goods company and Reinet was established as an investment vehicle, the principal asset of which was the former Richemont’s interest in British American Tobacco.



  • Good financial results growth rate 31.1% (average between last period year over year growth for revenue and Net Income), there is acceleration compared to average historical growth rates (0.6%)
  • Dividend yield for the last twelve months 0.0%
  • Share price is 78.2% higher than minimum and 11.7% lower than maximum for the last 3 years
  • The company is overvalued by P/E LTM multiple compared to target level (19.3x vs
    )

Key Financials

Share price, ZAR:  (0.0%)442.29
Share price, USD: 24.01
Common stocks: 195 934 794

Dividend Yield:  0.0%
P/E LTM: 19.3x
Last revenue growth (y/y):  +62.2%
Last growth of Net Income (y/y):  0.0%
Historical revenue growth:  +31.6%
Historical growth of Net Income:  +80.7%
Target P/E (hist percentile):
P/E mutiple calculation
Market Cap ($m): 4 704
Net Profit ($m): 243
P/E LTM: 19.3x
Price to Book: 0.79x

Revenue and Net Income

Semi-Annual values ($m)

Change (y/y)

Share price and dividends (Download history)

Share price

Payment ZAR per share

Multiple and potential

P / E

Potential dynamics

More information for subscribed users:
detailed calculation of
Potential and Created Value,
website traffic data

Releases

2022-07-29
Notice of annual general meeting
2022-07-26
Management statement for the first quarter ended 30 June 2022
2022-07-21
Net Asset Value of Reinet Fund S.C.A., F.I.S. as at 30 June 2022
2022-07-05
Reinet Annual Report 2022 available on reinet.com
2022-05-31
Reinet Investments S.C.A. ("Reinet") – dividend dates in respect of ordinary shares listed on the JSE
2022-05-31
Consolidated audited financial results for the year ended 31 March 2022 and proposed dividend
2022-05-25
Reinet Investments S.C.A. announces completion of share buyback programme
2022-05-24
Reinet Investments S.C.A. Share Buyback Programme – Update 24 May 2022
2022-05-17
Reinet Investments S.C.A. Share Buyback Programme – Update 17 May 2022
2022-05-10
Reinet Investments S.C.A. Share Buyback Programme – Update 10 May 2022
2022-05-03
Reinet Investments S.C.A. Share buyback programme – update 3 May 2022
2022-04-29
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 March 2022
2022-04-26
Reinet investments S.C.A. Share Buyback Programme Update 26 April 2022
2022-04-19
Reinet Investments S.C.A. Share Buyback Programme – Update 19 April 2022
2022-04-12
Reinet Investments S.C.A. Share Buyback Programme – Update 12 April 2022
2022-04-05
Reinet Investments S.C.A. share buyback programme – update 5 April 2022
2022-03-24
Reinet Investments S.C.A. announces share buyback programme
2022-01-25
Management statement for the third quarter ended 31 December 2021
2022-01-24
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 December 2021
2021-12-28
Disclosure of significant holding of Reinet Investments S.C.A. (`Reinet') shares
2021-11-30
Reinet Investments S.C.A. Interim Report at 30 September 2021 available on reinet.com
2021-11-17
Consolidated unaudited financial results for the six-month period ended 30 September 2021
2021-10-21
Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 September 2021
2021-09-14
Notification of managers’ transaction

Documents

SENS Announcements

2024-04-26
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 March 2024
2024-03-12
Notification of a manager’s transaction
2024-01-23
Management statement for the third quarter ended 31 December 2023
2024-01-22
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 December 2023
2023-11-30
Reinet Investments S.C.A. Interim Report at 30 September 2023 available on reinet.com
2023-11-15
Consolidated unaudited financial results for the six-month period ended 30 September 2023
2023-10-20
Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 September 2023
2023-09-05
Exchange rate applicable for dividend payable in respect of ordinary shares listed on the JSE
2023-08-29
Dividend in respect of ordinary shares listed on the Johannesburg Stock Exchange
2023-08-29
Reinet annual general meeting of shareholders approves full agenda
2023-07-28
Notice of the annual general meeting
2023-07-25
Management statement for the first quarter ended 30 June 2023
2023-07-21
Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 June 2023
2023-07-11
Reinet Annual Report 2023 available on reinet.com
2023-06-05
Notification of managers' transactions
2023-05-25
Reinet Investments S.C.A. ("Reinet") – dividend dates in respect of ordinary shares listed on the JSE
2023-05-25
Consolidated audited financial results for the year ended 31 March 2023 and proposed dividend
2023-04-28
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 March 2023
2023-03-29
Rectification of previous announcement – notification of managers’ transaction
2023-03-28
Notification of managers' transaction
2023-01-24
Management statement for the third quarter ended 31 December 2022
2023-01-20
Net asset value of Reinet Fund S.C.A., F.I.S. as at 31 December 2022
2022-11-28
Reinet Investments S.C.A. Interim Report at 30 September 2022 available on reinet.com
2022-11-16
Consolidated unaudited financial results for the six-month period ended 30 September 2022
2022-10-21
Net asset value of Reinet Fund S.C.A., F.I.S. as at 30 September 2022
2022-09-21
Disclosure of significant holding of Reinet Investments S.C.A. ('Reinet') shares
2022-09-06
Reinet Investments S.C.A. ("Reinet") - exchange rate applicable for dividend payable in respect of ordinary shares
2022-08-30
Reinet Investments S.C.A. ("Reinet") – Dividend in respect of ordinary shares listed on the JSE
2022-08-30
Reinet annual general meeting of shareholders approves full agenda
2022-07-29
Notice of annual general meeting
2022-07-26
Management statement for the first quarter ended 30 June 2022
2022-07-21
Net Asset Value of Reinet Fund S.C.A., F.I.S. as at 30 June 2022
2022-07-05
Reinet Annual Report 2022 available on reinet.com
2022-05-31
Reinet Investments S.C.A. ("Reinet") – dividend dates in respect of ordinary shares listed on the JSE
2022-05-31
Consolidated audited financial results for the year ended 31 March 2022 and proposed dividend
2022-05-25
Reinet Investments S.C.A. announces completion of share buyback programme
2022-05-24
Reinet Investments S.C.A. Share Buyback Programme – Update 24 May 2022
2022-05-17
Reinet Investments S.C.A. Share Buyback Programme – Update 17 May 2022
2022-05-10
Reinet Investments S.C.A. Share Buyback Programme – Update 10 May 2022