Africa’s Most Valuable Company A Mainstay In Top Emerging Market Funds 1


Naspers Ltd. (NPSNY) stands at number 9 in our list of the most popular stocks that emerging market funds (EEM) (VWO) are invested in. The company was among the top 10 holdings of 4 out of 10 funds  that were part of our analysis. These are:

Among institutional investors, these are the funds that are invested into the NPSNY ADR currently:

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27% return over the past year

South Africa-based Naspers Limited is a global Internet and entertainment company, and a technology investor. The Company operates platforms in Internet, video entertainment and media sectors. The Company’s segments include Internet, Video entertainment, Media and Corporate services. The Company has built various products and services, such as OLX, Avito, letgo, Allegro, eMAG, Flipkart, PayU, MultiChoice, ShowMax, Movile, SimilarWeb and Media24.

Trading under the ADR ticker NPSNY on NYSE’s OTC Market, the company has the market capitalization of $70.93 billion. Naspers is Africa’s most valuable company. The company reported a net profit margin of 18.29% in the third quarter of 2016. The company generates a 6.18% Return on Assets (ROA) and a 10.35% Return on Equity (ROE).

The company is reported to be eyeing mobile telephone firms in Zimbabwe in an attempt to form a strategic alliance, strong enough to compete with Netflix (NFLX).

Trading at $16.37 a share currently, the stock is already up 9.54% for the year. It has gained 27% over the past 1 year.

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