Naspers (NPSNY) AI Stock Analysis

• Market Cap: $53.36B
• Dividend Yield: 0.99%
• Average Volume (3M): 169.08K
• Price to Earnings (P/E): 55.6
• Beta (1Y): 1.12
• Revenue Growth: 10.88%
• EPS Growth: 99.29%
• Country: US
• Employees: 25,564
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Internet Content & Information
• EPS (TTM): 0.16
• Shares Outstanding: 3,970,587,000
• 10 Day Avg. Volume: 220,752
• 30 Day Avg. Volume: 169,079
• PEG Ratio: 0.08
• Price to Book (P/B): 1.92
• Price to Sales (P/S): 5.93
• P/FCF Ratio: 24.07
• Enterprise Value/Market Cap: 4.47
• Enterprise Value/Revenue: 33.22
• Enterprise Value/Gross Profit: 83.30
• Enterprise Value/Ebitda: 45.85
• 1Y Price Target: $81.00
• Price Target Upside: 494.71% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: $81.00 ▲(494.71% Upside)

Naspers' strong financial performance is the primary driver of its stock score, supported by robust revenue growth and profitability. Technical analysis indicates bullish momentum, though overbought signals suggest caution. The high P/E ratio and low dividend yield reflect valuation concerns, which temper the overall score.

Naspers Business Overview & Revenue Model

Company Description

Naspers Limited operates in the consumer internet industry worldwide. It operates through Classifieds, Food Delivery, Payments and Fintech, Etail, Edtech, and Other Ecommerce segments. It holds investments in classifieds, food delivery, payments and fintech, education, health, and ecommerce, as well as ventures, and social and internet platforms; and offers eMAG platform for online food and grocery delivery network. The company also prints, publishes, and distributes newspapers, magazines, and books through digital platforms, as well as provides media logistics. Naspers Limited was founded in 1915 and is headquartered in Cape Town, South Africa.

How the Company Makes Money

Naspers generates revenue primarily through its various business segments, which include e-commerce, pay television, and print media. The e-commerce segment, which includes platforms like Takealot and OLX, earns money through transaction fees, advertising, and subscription services. The company's video entertainment division, MultiChoice, provides subscription-based television services, contributing substantially to Naspers' revenue through monthly fees from subscribers. Additionally, Naspers has significant stakes in technology companies, most notably Tencent, a leading Chinese internet service portal, which contributes to its earnings through capital gains and dividends. Partnerships with local and international companies further enhance its revenue opportunities, allowing Naspers to leverage synergies and expand its market presence.

Naspers Financial Statement Overview

Summary

Naspers presents a mixed financial picture with both strengths and weaknesses. The company shows strong net profitability and a reasonable balance between debt and equity. However, declining revenues and operational inefficiencies pose concerns. Cash flow improvements are evident, yet efficiency in translating income to cash could be better. Overall, Naspers appears to be relatively stable but with areas to address for improved financial health.

Income Statement

Naspers has shown mixed performance in its income statement. The company experienced a decline in revenue over the last year by approximately 5.1%, which is concerning. The gross profit margin stands at around 38.3% for the most recent year, indicating a solid ability to cover production costs. However, the net profit margin is notably high at 44.4%, driven by substantial net income relative to revenue, despite negative EBIT and fluctuating EBITDA margins. The volatile EBIT margin suggests challenges in operational efficiency.

Balance Sheet

The balance sheet of Naspers indicates a relatively stable financial position. The debt-to-equity ratio stands at 0.92, which is moderate and suggests a balanced approach to leverage. The return on equity (ROE) is approximately 16.0%, reflecting decent profitability for shareholders. The equity ratio is 28.7%, pointing to an adequate level of equity financing compared to total assets. Overall, the balance sheet demonstrates a reasonable mix of debt and equity, though there is room for improvement in equity strength.

Cash Flow

Naspers' cash flow statement reveals some challenges and opportunities. The free cash flow has improved significantly compared to the prior year, showing positive growth, which is a good sign for liquidity. However, the operating cash flow to net income ratio is low, at 0.36, indicating less cash generation from operations relative to net income. The free cash flow to net income ratio is higher, at 0.33, suggesting moderate efficiency in converting income to free cash flow. The cash flow situation indicates improvements but highlights the need for enhanced cash conversion efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.17B	7.18B	6.43B	5.96B	6.29B	5.93B
Gross Profit	2.86B	2.89B	2.46B	1.88B	1.63B	1.85B
EBITDA	5.20B	13.34B	7.78B	10.47B	19.15B	7.75B
Net Income	5.23B	5.24B	2.85B	4.33B	12.22B	5.30B
Balance Sheet
Total Assets	73.27B	73.27B	62.27B	65.50B	71.32B	53.82B
Cash, Cash Equivalents and Short-Term Investments	18.33B	18.33B	19.26B	21.28B	13.65B	6.45B
Total Debt	16.82B	16.82B	16.50B	16.45B	16.15B	8.27B
Total Liabilities	22.06B	22.06B	20.99B	20.89B	21.19B	12.96B
Stockholders Equity	22.18B	22.18B	17.87B	18.96B	20.58B	29.19B
Cash Flow
Free Cash Flow	1.79B	1.77B	936.00M	-479.00M	-981.00M	-62.00M
Operating Cash Flow	1.90B	1.91B	1.03B	-177.00M	-702.00M	73.00M
Investing Cash Flow	11.81B	11.78B	142.00M	12.55B	5.91B	-731.00M
Financing Cash Flow	-8.54B	-8.51B	-8.24B	-12.10B	894.00M	53.00M

Naspers Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 13.62
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NPSNY, the sentiment is Neutral. The current price of 13.62 is below the 20-day moving average (MA) of 14.24, below the 50-day MA of 13.64, and above the 200-day MA of 11.37, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 42.62 is Neutral, neither overbought nor oversold. The STOCH value of 9.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NPSNY.

Naspers Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PINS	78 Outperform	$22.02B	11.58	48.08%	―	17.00%	901.05%
BIDU	76 Outperform	$39.97B	11.02	10.33%	―	-1.32%	42.56%
TME	75 Outperform	$30.87B	24.21	14.07%	0.81%	10.66%	84.89%
RDDT	71 Outperform	$36.49B	164.56	10.11%	―	69.97%	―
NPSNY	70 Outperform	$53.36B	55.59	26.29%	0.99%	10.88%	99.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
SNAP	58 Neutral	$12.93B	―	-26.42%	―	13.18%	54.39%