African Media Entertainment is a small Johannesburg company that owns two of South Africa's best-known regional radio stations. It is a quiet, profitable business with an unusually clean balance sheet. Full nameAfrican Media Entertainment Limited Ticker / exchangeAME / JSE (Johannesburg Stock Exchange) HeadquartersJohannesburg, South Africa SectorCommunication Services — Broadcasting Employees229 Market valueR365.4 million (US$365.4 million) Yearly salesR359.7 million (US$359.7 million) Net profitR50.3 million (US$50.3 million) Net margin14.0% Return on equity15.4% Price-to-earnings7.3 Dividend yield0.09% Websitewww.ame.co.za What it is African Media Entertainment, or AME, is a South African media holding company. …
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