Rand Merchant Investment Holdings Limited
Ticker
RMI.JO
ISIN
AE000210688A
Price
-
Change Today
-
Price 1 year ago
-
Market Capitalization
4,309,511,045,120.00
Price evolution
Yearly Returns
Peers
Peers
Company information
Summary
Rand Merchant Investment Holdings Limited, an investment holding company, provides various financial products and services in South Africa, rest of Africa, the United Kingdom, China, Singapore, Australia, Japan, Europe, the United States, and New Zealand. It operates through Discovery, Momentum Metropolitan, OUTsurance, and Hastings segments. The company's Discovery segment develops integrated financial products and services for healthcare funding, insurance, and banking markets under the Discovery Health, Discovery Life, Discovery Insure, Discovery Invest, Discovery Vitality, VitalityHealth, VitalityLife, Ping An Health, and Discovery Bank brand names. Its Momentum Metropolitan segment provides financial services comprising life insurance, employee benefits, investments and savings, healthcare solutions, and short-term insurance to individual clients, small and medium businesses, companies, organizations, and public enterprises under the Momentum and Metropolitan brand names. The company's OUTsurance segment offers direct personal lines and small business short-term insurance; and long-term insurance products, including death, disability, critical illness, funeral, and retrenchment cover to individuals. Its Hastings segment provides asset management services; and digital general insurance services in motor market, which include private car, as well as various personal insurance cover, such as home, van, and bike. The company was formerly known as Rand Merchant Insurance Holdings Limited and changed its name to Rand Merchant Investment Holdings Limited in January 2016. Rand Merchant Investment Holdings Limited was founded in 1977 and is based in Johannesburg, South Africa.
Sector
Financial Services
Industry
Insurance—Diversified
Country
South Africa
Exchange
JNB
Earnings Per Share
1.59
P/E Ratio
2869.6538
Debt/Equity Ratio
0.842
Beta
0.805695
Ebitda
3,576,999,936.00
Ebitda Margins
0.18
Enterprise to Ebitda
11.19
Enterprise Value
40,041,218,048.00
Target Price
-
Estimated Price
-
Book Value
22.01
Expected Growth
-
Balance sheet
Income statement
Sustainability
Correlation
Company | Name | Correlation |
---|---|---|
SALAMA.AE | ISLAMIC ARAB INSUR | 0.02 |
ANSGR.IS | ANADOLU SIGORTA | 0.04 |
DLG.L | DIRECT LINE INSURANCE GROUP PLC | 0.27 |
AKGRT.IS | AKSIGORTA | 0.44 |
PSSA3.SA | PORTO SEGUROON NM | 0.48 |
MTM.JO | Momentum Met Hldgs Ltd | 0.53 |
MPL.AX | MEDIBANK FPO | 0.64 |
BBSE3.SA | BBSEGURIDADEON ED NM | 0.69 |
VIS.IC | Vátryggingafélag Íslands hf. | 0.75 |
AV.L | AVIVA PLC ORD 32 17/19P | 0.76 |
US.MI | UNIPOLSAI | 0.76 |
AGN.AS | AEGON | 0.78 |
0Q0Y.IL | AEGON N.V. | 0.79 |
ALV.DE | ALLIANZ SE | 0.79 |
ACGL | Arch Capital Group Ltd. | 0.79 |
EQH | Equitable Holdings, Inc. | 0.80 |
MAP.MC | MAPFRE, S.A. | 0.81 |
ORI | Old Republic International Corp | 0.82 |
CS.PA | AXA | 0.82 |
UNI.MI | UNIPOL | 0.82 |
PFG | Principal Financial Group Inc | 0.84 |
NN.AS | NN GROUP | 0.85 |
HIG | Hartford Financial Services Gro | 0.85 |
AEG | AEGON N.V. | 0.85 |
SLF.TO | SUN LIFE FINANCIAL INC. | 0.86 |
SAMPO.HE | Sampo Plc A | 0.86 |
G.MI | GENERALI ASS | 0.87 |
AIG | American International Group, I | 0.88 |
BRK-B | Berkshire Hathaway Inc. New | 0.89 |
Similar companies
Ticker | Name | City | Country | Currency | Exchange | Beta | EV/EBITDA | Employees | Site |
---|---|---|---|---|---|---|---|---|---|
MPL.AX | MEDIBANK FPO | Docklands | Australia | AUD | ASX | 0.19 | 7.69 | 3291 | https://www.medibank.com.au |
AKGRT.IS | AKSIGORTA | Istanbul | Turkey | TRY | IST | 1.06 | 7.46 | 671 | https://www.aksigorta.com.tr |
AGN.AS | AEGON | The Hague | Netherlands | EUR | AMS | 1.48 | 1.48 | 20000 | https://www.aegon.com |
AV.L | AVIVA PLC ORD 32 17/19P | London | United Kingdom | GBp | LSE | 1.16 | 5.10 | 22062 | https://www.aviva.com |
DLG.L | DIRECT LINE INSURANCE GROUP PLC | Bromley | United Kingdom | GBp | LSE | 0.38 | 5.17 | 9786 | https://www.directlinegroup.co.uk |
CS.PA | AXA | Paris | France | EUR | PAR | 1.56 | 9.51 | 106128 | https://www.axa.com |
BBSE3.SA | BBSEGURIDADEON ED NM | Brasília | Brazil | BRL | SAO | 0.75 | 9.16 | 167 | https://www.bbseguridaderi.com.br |
AIG | American International Group, I | New York | United States | USD | NYQ | 1.21 | 2.75 | 36600 | https://www.aig.com |
0Q0Y.IL | AEGON N.V. | The Hague | Netherlands | EUR | IOB | 1.50 | 1.13 | 21000 | https://www.aegon.com |
MTM.JO | Momentum Met Hldgs Ltd | Centurion | South Africa | ZAc | JNB | 0.69 | -83.41 | 16761 | https://www.momentummetropolitan.co.za |
G.MI | GENERALI ASS | Trieste | Italy | EUR | MIL | 1.18 | 5.87 | 74621 | https://www.generali.com |
BRK-B | Berkshire Hathaway Inc. New | Omaha | United States | USD | NYQ | 0.92 | 1.64 | 372000 | https://www.berkshirehathaway.com |
MAP.MC | MAPFRE, S.A. | Majadahonda | Spain | EUR | MCE | 0.96 | 1.01 | 31705 | https://www.mapfre.com |
VIS.IC | Vátryggingafélag Íslands hf. | Reykjavík | Iceland | ISK | ICE | 0.33 | 5.36 | 188 | https://www.vis.is |
AEG | AEGON N.V. | The Hague | Netherlands | USD | NYQ | 1.50 | 1.32 | 21000 | https://www.aegon.com |
RMI.JO | Rand Merchant Inv Hldgs Ltd | Johannesburg | South Africa | ZAc | JNB | 0.81 | 11.19 | https://www.rmih.co.za | |
EQH | Equitable Holdings, Inc. | New York | United States | USD | NYQ | 1.50 | 2.44 | 12100 | https://www.equitableholdings.com |
FIHL | Fidelis Insurance Holdings Limi | Pembroke | Bermuda | USD | NYQ | 0.75 | 51 | https://www.fidelisinsurance.com | |
SLF.TO | SUN LIFE FINANCIAL INC. | Toronto | Canada | CAD | TOR | 0.96 | -8.73 | https://www.sunlife.com | |
UNI.MI | UNIPOL | Bologna | Italy | EUR | MIL | 1.38 | 4.72 | 11655 | https://www.unipol.it |
HIG | Hartford Financial Services Gro | Hartford | United States | USD | NYQ | 0.98 | 6.56 | 18100 | https://www.thehartford.com |
ACGL | Arch Capital Group Ltd. | Pembroke | Bermuda | USD | NMS | 0.81 | 10.27 | 5200 | https://www.archgroup.com |
ORI | Old Republic International Corp | Chicago | United States | USD | NYQ | 0.87 | 6.66 | 9600 | https://www.oldrepublic.com |
SALAMA.AE | ISLAMIC ARAB INSUR | Dubai | United Arab Emirates | AED | DFM | 0.91 | 9.02 | https://salama.ae | |
PSSA3.SA | PORTO SEGUROON NM | São Paulo | Brazil | BRL | SAO | 0.78 | 1.06 | 12000 | https://www.portoseguro.com.br |
PFG | Principal Financial Group Inc | Des Moines | United States | USD | NMS | 1.43 | 8.60 | 18600 | https://www.principal.com |
ANSGR.IS | ANADOLU SIGORTA | Istanbul | Turkey | TRY | IST | 0.39 | 3.28 | 1538 | https://www.anadolusigorta.com.tr |
US.MI | UNIPOLSAI | Bologna | Italy | EUR | MIL | 0.74 | 5.84 | 11410 | https://www.unipolsai.com |
NN.AS | NN GROUP | The Hague | Netherlands | EUR | AMS | 1.00 | 8.37 | 11871 | https://www.nn-group.com |
ALV.DE | ALLIANZ SE | Munich | Germany | EUR | GER | 1.15 | 29.54 | 155411 | https://www.allianz.com |
SAMPO.HE | Sampo Plc A | Helsinki | Finland | EUR | HEL | 0.93 | 6.51 | 13505 | https://www.sampo.com |
ICICIGI.NS | ICICI LOMBARD GEN | Mumbai | India | INR | NSI | 0.58 | 31.20 | 12754 | https://www.icicilombard.com |
SLF | Sun Life Financial Inc. | Toronto | Canada | USD | NYQ | 0.96 | -10.15 | https://www.sunlife.com | |
TRYG.CO | Tryg A/S | Ballerup | Denmark | DKK | CPH | 0.33 | 22.61 | 6283 | https://www.tryg.com |
NIACL.NS | THE NEW INDIA ASSU | Mumbai | India | INR | NSI | 0.55 | 1.60 | https://www.newindia.co.in | |
SAGA.L | SAGA PLC | Folkestone | United Kingdom | GBp | LSE | 2.29 | 20.27 | 3899 | https://www.saga.co.uk |
8030.SR | The Mediterranean and Gulf Insu | Riyadh | Saudi Arabia | SAR | SAU | 0.72 | -3.15 | https://www.medgulf.com.sa | |
PHOE.TA | PHOENIX HLDGS LTD | Givatayim | Israel | ILA | TLV | 0.58 | -26.84 | 406 | https://www.fnx.co.il |
ASRNL.AS | ASR NEDERLAND | Utrecht | Netherlands | EUR | AMS | 4.70 | 4155 | https://www.asrnl.com | |
AGS.BR | AGEAS | Brussels | Belgium | EUR | BRU | 0.80 | 9.38 | 10057 | https://www.ageas.com |
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Options
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.