Net asset value
The net asset value of the Prosus portfolio is based on the latest pubicly available data 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. 16 analysts who published between 1 July 2024 and 30 September 2024 participated in this consensus. The number of Tencent shares held and number of Prosus shares in issue have been updated for the current open-ended buyback as of 29 November 2024. |
| 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. |
Prosus Net Asset Value Summary (US$'bn) - 06 December 2024
| Title | Value |
|---|---|
| Asset value | 153.1 |
| Net cash | 2.0 |
| Net asset value | 155.2 |
| Net asset value per share (EUR) | 62.3 |
Net Asset Value Calculation for Prosus - 06 December 2024
| Investment | SharesHeld | SharePrice | Value |
|---|---|---|---|
| Investment | Shares held (m) | Share price - Local currency | Value (US$'bn) |
| Investment | Shares held (m) | Share Price (LC²) | Value (US$'bn) |
|---|---|---|---|
| Listed assets1 | 131.4 | ||
| Tencent | 2 226.3 | 412.6 | 118.1 |
| Meituan | 257.5 | 162.4 | 5.4 |
| Delivery Hero | 79.6 | 35.2 | 2.9 |
| Swiggy | 581.4 | 544.7 | 3.7 |
| Remitly | 37.3 | 21.1 | 0.8 |
| Udemy | 17.1 | 8.4 | 0.1 |
| DoorDash | 0.9 | 178.5 | 0.2 |
| SimilarWeb | 11.2 | 12.8 | 0.1 |
| Skillsoft | 3.1 | 14.7 | 0.05 |
| Unlisted assets³ | Value |
|---|---|
| Unlisted assets - analyst consensus / post-money valuations2 | 21.7 |
| Food Delivery | 5.7 |
| Classifieds | 6.3 |
| Payments & Fintech | 4.2 |
| Edtech | 1.3 |
| Etail3 | 1.9 |
| Ventures | 2.3 |
| Title | Value |
|---|---|
| Asset Value | 153.1 |
| Net cash / (debt) | Value |
|---|---|
| Net cash / (debt)4 | 2.0 |
| Pro-forma cash | 17.5 |
| Debt | (15.4) |
| Title | Value |
|---|---|
| Net asset value ($'bn) | 155.2 |
| Net asset value (EUR'bn) | 147.4 |
| Net asset value per share (EUR) | 62.3 |
| Net asset value (ZAR'bn) | 2 802.2 |
| Net asset value per share (ZAR) | 1 183.4 |
| Title | Value |
|---|---|
| Net total shares in issue as at 29 November 2024 (m)4 | 2 367.9 |
| Title | Value |
|---|---|
| Segmental summary (Listed + Unlisted assets) | 153.1 |
| Title | Value |
|---|---|
| Title | Value |
|---|---|
| Social & Internet Platforms | 118.1 |
| Food Delivery | 17.9 |
| Classifieds | 6.3 |
| Payments & Fintech | 4.9 |
| Edtech | 1.5 |
| Etail3 | 1.9 |
| Ventures | 2.5 |
| Title | Value |
|---|---|
| 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 Prosus, 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 Prosus. By presenting the consensus information above, Prosus does not endorse or concur with such analyst information, conclusions or recommendations. Prosus has not verified the information received and none of Prosus, 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. Prosus does not assume any responsibility to update, revise or supplement such information. |
| Title | Value |
|---|---|
| Exchange rates - source: Cloudmersive: | |
| USD/HKD | 7.78 |
| USD/EUR | 0.95 |
| USD/INR | 85 |
| USD/ZAR | 18.06 |
Notes
- Prevailing share prices updated daily at 00h00 CET - Source: Aletheia.
- 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 30 September 2024. The 16 analysts that participated in this consensus are: Avior, Banco Sabadell, Bank of America Merril Lynch, Barclays, BNP Paribas Exane, Citi Research, Degroof Petercam, Deutsche Bank, HSBC, ING, Investec, Kepler Cheuvreux, Prescient Securities, Redburn Atlantic, SBG Securities and UBS.
- Etail includes eMAG (prior to the cross-holding removal, Prosus's stake in Takealot via its Naspers stake was included).
- Pro-forma cash is based on the 30 September 2024 central cash balance adjusted for material public non-operational events after 30 September 2024 including proceeds from the sale of shares of Swiggy. Debt is based on the central debt balance as at 30 September 2024.
- The open-ended share repurchase programme is ongoing. For the latest information, please refer to our buyback disclosure.