Metrofile Holdings Limited. JSE: MFL

Metrofile shares

Background of Metrofile

  • Metrofile Holdings is an investment holding company with interests in records storage and management, records management software and consultancy, backup storage and management, image processing, confidential records destruction, image processing, business continuity, paper recycling and the sale and maintenance of office equipment. Metrofile Holdings has 100% investments in Metrofile, Metrofile Management Services, Infovault and Global Continuity SA, and a 70% investment in Cleardata. Metrofile Records Management is the largest business unit, contributing around 75% of group revenue.

  • After a 33 year history, Metrofile remains the only company offering a comprehensive range of information and records management solutions to organisations of all sizes in South Africa today.

  • Operating through a portfolio of 44 facilities covering more than 88 000m2 of warehousing and office space, the group boasts more than 9 000 clients in all nine of South Africa’s provinces and in selected countries in Africa and the Middle East.

  • Metrofile shares have been listed on the Johannesburg Stock Exchange (JSE) since 1995. Revenue was R721 million for the 2015 financial year. The live online stocks chart shows that Metrofile share price has secured strong growth on the bourse.

Metrofile Shares Growth Driver

  • Metrofile is a pioneer in its field, creating innovative, customised information management solutions for sale to clients ranging from large corporations and public sector organisations, through to smaller and micro enterprises.

  • Having established a strong foothold in South Africa, the group started expanding into other promising markets in 2008, including Mozambique, Namibia, Zambia and Nigeria. In 2014, it established a hub in the Persian Gulf, and international expansion is forecast to accelerate in the coming years. The business has enjoyed headline earnings per share growth of 25% per year since 2010, with profits increasing from R56 million to more than R137 million. Metrofile has secured a dominant share of the South African market, in which barriers to entry are high. Acquiring the properties and developing the infrastructure and systems to manage millions of boxes cost-efficiently, is beyond the expertise and financial resources of most would-be competitors.

  • Whilst paper remains the preferred format for records, Metrofile is well set for the future by moving to buy into digital and cloud capabilities. With the slow growth of South Africa’s economy, the group is actively seeking our further international opportunities, with the reasoning that their annuity revenue model can be replicated in multiple markets.

Metrofile Investor Tip

  • The demand for Metrofile’s services in both South Africa and abroad should remain healthy in the years to come. The company has enjoyed relatively good performance, with Metrofile share price remaining steady. Overall, Metrofile looks to be a healthy company for investors to buy into, especially with continuing expansion into offshore markets.

  • With considerable expertise in document storage, a shift to digital storage of records shouldn’t be too much of a stretch for the company, but there will likely be increased competition in this area. This may prove a challenge for the company and possibly dampen Metrofile share price, but investors should not be discouraged to buy Metrofile shares.

Metrofile Major Shareholders

Mineworkers Investment Company, Corocap, Prudential Maximiser, Optimiser Funds, Sabvest Investments.

  • Sector

    Technology

  • Industry

    Software

  • Sub industry

    Application Software

How to buy Metrofile Group Shares

  • Metrofile : How to buy Metrofile Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Metrofile Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Metrofile Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Metrofile Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Metrofile Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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<a href="https://www.sashares.co.za/metrofile-shares">Credits: SA Shares™</a>
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