Net asset value
The net asset value of the Naspers portfolio is based on the latest publicly available date for our listed assets and analyst consensus for our unlisted assets.
Net Asset Value
| Title |
|---|
| This consensus summary is based on the latest publicly available data for listed assets and analyst consensus / post-money valuations for unlisted assets. 7 analysts who published between 01 October 2024 and 31 December 2024 participated in this consensus. The number of Naspers shares in issue have been updated for the current open-ended buyback as of 14 March 2025. |
| This summary is provided for informational purposes only and is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments. |
Naspers Net Asset Value Summary (US$'bn) - 20 March 2025
| Title | Value |
|---|---|
| Asset value | 78.6 |
| Net debt | ( 0.2) |
| Net asset value | 78.5 |
| Net asset value per share (ZAR) | 8 717.9 |
Net Asset Value Calculation for Naspers - 20 March 2025
| Title | AssetValue | EconomicInterest | Value |
|---|---|---|---|
| Investment | Shares held ('m) | NAV per share (US$) | Value (US$'bn) |
| Title | Asset Value | Economic Interest | Value |
|---|---|---|---|
| 0.0 | |||
| Prosus NAV1 | 982.1 | 79.0 | 77.6 |
| Other2 | 1.0 | ||
| Asset Value | 78.6 |
| Title | Asset value at 100% (US$'bn) | Economic interest | Value (US$'bn) |
|---|---|---|---|
| Net cash / (debt) - 30 September 2024 | ( 0.2) | ||
| Cash | 0.07 | ||
| Debt3 | ( 0.2) |
| Title | Value |
|---|---|
| Net asset value ($'bn) | 78.5 |
| Net asset value (ZAR'bn) | 1 427.7 |
| Net asset value per share (ZAR) | 8 717.9 |
| Title | Value |
|---|---|
| Net total shares in issue as at 14 March 2025 (m)4 | 163.8 |
| Title |
|---|
| It should be noted that valuations are, by definition, forward looking and are therefore subject to risks and uncertainties that may materially affect eventual results. None of Naspers, its affiliates or their respective directors, officers and employees shall accept any liability whatsoever for the consequences of any reliance upon or actions taken or not taken based on any of the information in this consensus summary. |
| The valuations are produced by the contributing analysts and do not represent nor are based on opinions, estimates or forecasts from Naspers. By presenting the consensus information above, Naspers does not endorse or concur with such analyst information, conclusions or recommendations. Naspers has not verified the information received and none of Naspers, its affiliates or their respective directors, officers and employees make any representation or warranty, express or implied, as to, or accept any responsibility for, the accuracy or completeness of the consensus information. Naspers does not assume any responsibility to update, revise or supplement such information. |
| Title | Value |
|---|---|
| Exchange rates - source: Cloudmersive: | |
| USD/ZAR | 18.19 |
Notes
- Refer to Prosus SotP for more detail.
- The valuations of unlisted assets are derived from the average estimates of sellside analysts, post-money valuations on transactions where analyst consensus is not available, and internal valuation for any remaining assets as at 31 December 2024. The assets included are Takealot (including its subsidiaries Mr D and Superbalist) and Media24. The 7 analysts that participated in this consensus are: Avior, Barclays, Bank of America Merril Lynch, Citi Research, HSBC, JP Morgan and SBG Securities.
- Debt relates mainly to a revolving credit facility.
- The open-ended share repurchase programme is ongoing. For the latest information, please refer to our buyback disclosure.