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NPNJN.J Online Services

Naspers Ltd

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About

Naspers Ltd is a global technology and media company that operates through various segments, including online services, media, and technology investments, generating revenue primarily through digital advertising, subscription services, and equity investments in technology companies.

Business. Naspers Ltd (NPNJN.J) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through advertising models, with key performance indicators including monthly active users, average revenue per user, and ad impressions. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.

Classification92 %
SectorTechnology
Business sectorSoftware & IT Services
IndustryOnline Services
Generated · model-assisted
Sell-side consensus
BUY9 analysts
9 buy0 hold0 sell
Avg 12m price target1 448,44

Analyst recommendations

9 analysts · consensus Buy
Buy9
Hold0
Sell0
12-month price target
1 448,44
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
30
composite score
Valuation
valuation pending
Analysts
Buy
9 analysts · indicative
Ownership
not yet wired
Profitability
not yet wired
Quality
58
quality score (0-100)

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning NPNJN.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,2 %+1,6 %+2,4 %
    Energy+1,2 %+5,3 %+1,4 %
    Real Estate+0,7 %+4,1 %+0,8 %
    Health Care+0,7 %−0,5 %+0,8 %
    Consumer Discretionary+0,3 %+8,7 %+0,5 %
    Information Technology · THIS SECTOR−0,3 %+6,6 %−0,1 %
    Financials−0,3 %−4,5 %−0,1 %
    Consumer Staples−1,0 %+3,0 %−0,8 %
    Utilities−1,5 %−21,2 %−1,3 %
    Industrials−1,7 %−2,3 %−1,6 %
    Communication Services

    Developing storylines

    No tracked sagas currently linked to NPNJN.J. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-07 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-07-08 · AU
    • Rate decisionBank of Canada rate decision (press conf.)2026-07-15 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-07-16 · EU
    • Rate decisionBank of Japan rate decision (press conf.)2026-07-16 · JP
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    Briefing · model-assisted

    Naspers Ltd (NPNJN.J) has been formally classified within the Technology economic sector, with its primary activity identified as Online Services. This medium-severity update establishes the company’s operational taxonomy, providing a clearer framework for understanding its business model and market positioning. In terms of risk assessment, the company’s dilution risk has been rated as low. This classification suggests that the likelihood of significant share count increases that could erode existing shareholder value is currently considered minimal, offering a degree of stability for equity holders. Conversely, the liquidity risk for Naspers remains categorized as unknown. This designation indicates that there is insufficient data or clarity regarding the ease with which the company’s assets can be converted to cash or its ability to meet short-term obligations, warranting continued monitoring. The company is currently followed by two analysts, though it holds no index memberships and has no reported top holders or officers in the current dataset. These structural details, combined with the new sector and risk classifications, provide a foundational update to the company’s financial profile.

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Composite score30 / 100
    Composite score 0-100 · Data quality 0,58
    Data quality0,58 / 1.00

    Synthesis

    Business

    Naspers Ltd (NPNJN.J) is a technology company operating in the Online Services industry within the Software & IT Services sector. The firm generates revenue primarily through advertising models, with key performance indicators including monthly active users, average revenue per user, and ad impressions. Specific details regarding operating segments, headquarters location, and primary stock exchange listings are not provided in the available data.

    Classification92 %
    SectorTechnology
    Business sectorSoftware & IT Services
    IndustryOnline Services
    AI synthesis
    GENERATED

    Naspers has a basic and diluted share count of 783,586,530 shares, indicating no immediate dilution pressure from share issuance. However, liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in the source documents. The company's valuation snapshot does not provide sufficient data to evaluate its liquidity position or capital structure in detail.

    In terms of profitability, Naspers' performance against industry_config preferred metrics is not available in the current dataset. The company's return on invested capital (ROIC) and other profitability metrics are not disclosed, making it difficult to compare its performance with the cohort median for the Online Services industry. Without these metrics, it is challenging to assess whether Napers is generating returns in line with or above industry expectations.

    Naspers' revenue is derived from multiple segments, including online services, media, and technology investments. The company's geographic exposure is not fully disclosed, but it operates in multiple international markets. Revenue concentration data is not available, which limits the ability to assess the risk associated with over-reliance on specific regions or segments.

    The company's growth trajectory is not clearly defined in the current dataset. Analysts have provided a mean price target of $1,448.44 and a median price target of $1,401.00, with a mean recommendation of 1.78, indicating a generally positive outlook. However, the absence of revenue history and growth projections makes it difficult to quantify the expected growth rate for the current and next fiscal years.

    Naspers faces low dilution risk, as indicated by the risk assessment. The company has not disclosed any imminent share issuance plans or dilution events. However, the lack of liquidity data and the absence of balance-sheet inputs suggest that the company's financial flexibility may be constrained. No specific risk factors are detailed in the source documents, but the company's exposure to global markets and regulatory environments could pose challenges.

    Recent events, including filings and transcripts, are not detailed in the available data. The company's 10-K filing for 2023 does not provide specific information on recent strategic moves or operational changes. Analysts have issued a range of price targets, with a high of $1,860.00 and a low of $1,125.00, indicating a wide range of expectations for the company's future performance.

    Naspers Ltd (NPNJN.J) has been formally classified within the Technology economic sector, with its primary activity identified as Online Services. This medium-severity update establishes the company’s operational taxonomy, providing a clearer framework for understanding its business model and market positioning. In terms of risk assessment, the company’s dilution risk has been rated as low. This classification suggests that the likelihood of significant share count increases that could erode existing shareholder value is currently considered minimal, offering a degree of stability for equity holders. Conversely, the liquidity risk for Naspers remains categorized as unknown. This designation indicates that there is insufficient data or clarity regarding the ease with which the company’s assets can be converted to cash or its ability to meet short-term obligations, warranting continued monitoring. The company is currently followed by two analysts, though it holds no index memberships and has no reported top holders or officers in the current dataset. These structural details, combined with the new sector and risk classifications, provide a foundational update to the company’s financial profile.

    Key takeaways
    • Naspers has a basic and diluted share count of 783,586,530 shares, indicating no immediate dilution pressure.
    • Analysts have provided a mean price target of $1,448.44 and a median price target of $1,401.00, with a generally positive outlook.
    • The company's profitability and return metrics are not disclosed, making it difficult to assess its performance against industry benchmarks.
    • Naspers operates in multiple international markets, but revenue concentration data is not available, limiting the ability to assess geographic risk.
    • The company's liquidity risk could not be assessed due to the absence of balance-sheet inputs and no going-concern language in the source documents.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2025-06-23
    FY 2025 · Full-year highlights

    Revenue $7.18B, +11,7% YoY; Operating income +71,7% YoY.

    Revenue$7.18B+11,7 % YoY
    Operating income$6.47B+71,7 % YoY
    Net income$5.24B+83,6 % YoY
    Free cash flow$12.18B+80,3 % YoY
    EPS
    Operating cash flow$1.86B+171,1 % YoY
    Financials
    Income statement
    Revenue$7.18B
    Gross profit$2.89B
    Operating income$6.47B
    Net income$5.24B
    Margins
    Gross margin40.3%
    Operating margin90.0%
    Net margin73.0%
    FCF margin169.6%
    Balance sheet
    Total assets$73.27B
    Total liabilities$51.08B
    Total equity$22.18B
    Cash & equivalents$4.51B
    Long-term debt$16.82B
    Cash flow
    Operating cash flow$1.86B
    CapEx-$136.0M
    Free cash flow$12.18B
    SBC
    P&L flow · revenue → net income
    Revenue $7.18BOperating costs $715.0MTax $1.22BNet income $5.24B
    Highlights
    • Revenue $7.18B, +11,7% YoY
    • Operating income +71,7% YoY
    • Net income +83,6% YoY
    • Free cash flow +80,3% YoY
    • Net margin 73.0%

    Valuation FY

    Market price
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    Net cash
    Current ratio
    Debt / equity
    ROA
    ROE
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    5,10
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    9
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-06-03 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate5,10
    Revenueno estimateno estimate10,2B USD
    Operating incomeno estimateno estimate704,4M USD
    Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-07-07

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution9 analysts
    Strong buy2
    Buy7
    Hold0
    Sell0
    Strong sell0
    12-month price target$1 448,44 · Median $1 401,00
    Low $1 125,00High $1 860,00
    Operating income · consensus704,4M USD
    EPS surprise
    −28,7 %
    reported vs consensus · miss
    Revenue surprise
    −27,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$1 125,00
    Mean$1 448,44
    Median$1 401,00
    High$1 860,00
    Spot
    12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskUnknown

    Benchmarks vs cohort

    No cohort benchmark data available for this issuer yet.

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    Source documents
    • Naspers Ltd Market data — financials · 2026-06-03
    • Naspers Ltd Market data — analyst estimates · 2026-06-03

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    NPNJN.JCanonical
    — · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    What changed

    4 tracked-field change(s) detected vs prior analysis; max severity: medium.

    • Dilution risk— → lowlow
    • Liquidity risk— → unknownlow
    • Activity— → Online Servicesmedium
    • Economic sector— → Technologymedium
    vs prior analysis 5 days ago
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskUnknown

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2025-06-23 06:50 UTCEARNINGSAnnual results — FY 2025 Revenue USD 7.18B · Net USD 5.24B
    2024-06-24 06:50 UTCEARNINGSAnnual results — FY 2024 Revenue USD 6.43B · Net USD 2.85B
    2023-06-27 06:50 UTCEARNINGSAnnual results — FY 2023 Revenue USD 5.96B · Net USD 4.33B
    2022-06-27 06:15 UTCEARNINGSAnnual results — FY 2022 Revenue USD 6.29B · Net USD 12.22B
    2021-06-21 06:52 UTCEARNINGSAnnual results — FY 2021 Revenue USD 5.93B · Net USD 5.30B
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-07 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage