We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

After an extended period of stellar performance the Naspers share has now underperformed the market, as represented by the Capped Swix, over five years. Has something fundamental gone wrong at Naspers, or is there value to be had at the current price?

To understand, the business must be looked at in three parts: Tencent; the collection of other businesses; and the combined value relative to the share price...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now