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Woolworths Holdings LimitedJSE:WHL Stock Report

Market Cap R47.8b
Share Price
R52.90
R60.33
12.3% undervalued intrinsic discount
1Y2.6%
7D4.2%
1D
Portfolio Value
View

Woolworths Holdings Limited

JSE:WHL Stock Report

Market Cap: R47.8b

Woolworths Holdings (WHL) Stock Overview

Through its subsidiaries, operates a chain of retail stores in South Africa, Australia, and New Zealand. More details

WHL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends1/6

WHL Community Fair Values

Create Narrative

See what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.

Woolworths Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Woolworths Holdings
Historical stock prices
Current Share PriceR52.90
52 Week HighR61.46
52 Week LowR46.78
Beta0.17
1 Month Change4.73%
3 Month Change4.03%
1 Year Change2.56%
3 Year Change-25.85%
5 Year Change-2.69%
Change since IPO508.05%

Recent News & Updates

Narrative Update May 16

WHL: Interim Dividend And CEO Succession Will Support Future Upside Potential

Analysts have kept the Woolworths Holdings price target steady at ZAR60.33, with the smaller changes in discount rate, profit margin, and forward P/E assumptions seen as offsetting each other rather than shifting the overall valuation. What's in the News Group CEO Roy Bagattini plans to step down as Group CEO with effect from 31 May 2026 and retire from the company at the end of September 2026, following more than six years in the role (Key Developments).
Narrative Update Apr 23

WHL: Interim Dividend Payout Will Underpin Future Upside Confidence

Analysts now place their price target for Woolworths Holdings at ZAR60.33, slightly below the prior ZAR61.40. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples.
Narrative Update Apr 09

WHL: Interim Dividend And CEO Succession Will Support Future Upside Confidence

Analysts have slightly reduced their price target for Woolworths Holdings to ZAR61.40 from about ZAR61.51, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E levels, while keeping the overall valuation view broadly consistent. What's in the News Group CEO Roy Bagattini plans to step down as Group CEO with effect from May 31, 2026, and retire from Woolworths Holdings at the end of September 2026, following more than six years with the group.
Narrative Update Mar 26

WHL: Interim Dividend And Leadership Transition Will Support Future Upside Confidence

Analysts have nudged their price target for Woolworths Holdings slightly lower from ZAR61.90 to about ZAR61.51. This reflects modest tweaks to assumptions on the discount rate, revenue growth, profit margins and future P/E expectations.

Recent updates

Narrative Update May 16

WHL: Interim Dividend And CEO Succession Will Support Future Upside Potential

Analysts have kept the Woolworths Holdings price target steady at ZAR60.33, with the smaller changes in discount rate, profit margin, and forward P/E assumptions seen as offsetting each other rather than shifting the overall valuation. What's in the News Group CEO Roy Bagattini plans to step down as Group CEO with effect from 31 May 2026 and retire from the company at the end of September 2026, following more than six years in the role (Key Developments).
Narrative Update Apr 23

WHL: Interim Dividend Payout Will Underpin Future Upside Confidence

Analysts now place their price target for Woolworths Holdings at ZAR60.33, slightly below the prior ZAR61.40. This reflects updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E multiples.
Narrative Update Apr 09

WHL: Interim Dividend And CEO Succession Will Support Future Upside Confidence

Analysts have slightly reduced their price target for Woolworths Holdings to ZAR61.40 from about ZAR61.51, reflecting updated assumptions for discount rates, revenue growth, profit margins and future P/E levels, while keeping the overall valuation view broadly consistent. What's in the News Group CEO Roy Bagattini plans to step down as Group CEO with effect from May 31, 2026, and retire from Woolworths Holdings at the end of September 2026, following more than six years with the group.
Narrative Update Mar 26

WHL: Interim Dividend And Leadership Transition Will Support Future Upside Confidence

Analysts have nudged their price target for Woolworths Holdings slightly lower from ZAR61.90 to about ZAR61.51. This reflects modest tweaks to assumptions on the discount rate, revenue growth, profit margins and future P/E expectations.
Narrative Update Mar 10

WHL: Higher Interim Dividend Will Support Confidence In Future Upside Potential

Analysts have slightly trimmed their fair value estimate for Woolworths Holdings from ZAR62.01 to ZAR61.90. This reflects updated assumptions around discount rates, revenue growth, profit margins, and future P/E expectations.
Narrative Update Feb 24

WHL: Interim Earnings Guidance Will Support Confidence In Future Upside Potential

Analysts have kept their ZAR price target for Woolworths Holdings broadly in line with prior views, as only minor model adjustments around the discount rate, revenue growth, profit margin and assumed future P/E have been made rather than a fundamental change in outlook. What's in the News Woolworths Holdings issued earnings guidance for the 26 weeks ended 28 December 2025, giving investors an early view of expected interim performance (Key Developments).
Narrative Update Feb 10

WHL: Interim Earnings Guidance Will Underpin Confidence In Long Term Upside Potential

Analysts have nudged their fair value estimate for Woolworths Holdings slightly lower from R62.12 to R62.01. They point to updated assumptions around the discount rate, revenue growth, profit margin and future P/E as the key drivers of this fine tuning.
Narrative Update Jan 26

WHL: Higher Major Shareholder Stake Will Support Steady Long Term Outlook

Analysts have nudged their price target for Woolworths Holdings higher, with fair value moving from R60.68 to R62.12. This reflects slightly adjusted assumptions on the discount rate, long term revenue growth, profit margins and future P/E expectations.
Narrative Update Jan 12

WHL: Rising Major Shareholder Stake Will Support Stable Outlook

Analysts have nudged their fair value estimate for Woolworths Holdings slightly higher to A$60.68 from A$60.64, reflecting modest tweaks to assumptions around the discount rate, revenue growth, profit margins and future P/E multiples. What's in the News Public Investment Corporation Limited acquired an additional minority stake in Woolworths Holdings Limited (JSE:WHL) on October 30, 2025, taking its holding to 20.04% of the total issued ordinary shares (Key Developments).
Narrative Update Nov 11

WHL: Increased Institutional Ownership Signals Stronger Performance Ahead

Analysts have raised their price target for Woolworths Holdings from R58.15 to R60.64, citing stronger expectations for revenue growth even though there is a modest dip in profit margin projections. What's in the News Public Investment Corporation Limited increased its shareholding in Woolworths Holdings to 20.04% after acquiring an additional minority stake on October 30, 2025 (Key Developments).
Analysis Article Oct 27

Investors Will Want Woolworths Holdings' (JSE:WHL) Growth In ROCE To Persist

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Oct 04

Here's Why Woolworths Holdings (JSE:WHL) Has A Meaningful Debt Burden

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Sep 10

There May Be Some Bright Spots In Woolworths Holdings' (JSE:WHL) Earnings

The market for Woolworths Holdings Limited's ( JSE:WHL ) shares didn't move much after it posted weak earnings...
Analysis Article Sep 06

Woolworths Holdings' (JSE:WHL) Dividend Will Be Reduced To ZAR0.81

Woolworths Holdings Limited ( JSE:WHL ) has announced that on 29th of September, it will be paying a dividend...
Analysis Article Jun 14

Returns At Woolworths Holdings (JSE:WHL) Are On The Way Up

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article May 30

Subdued Growth No Barrier To Woolworths Holdings Limited's (JSE:WHL) Price

Woolworths Holdings Limited's ( JSE:WHL ) price-to-earnings (or "P/E") ratio of 17.8x might make it look like a strong...
Analysis Article Apr 07

Is Woolworths Holdings (JSE:WHL) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Mar 09

Woolworths Holdings (JSE:WHL) Is Reducing Its Dividend To ZAR1.07

Woolworths Holdings Limited ( JSE:WHL ) is reducing its dividend from last year's comparable payment to ZAR1.07 on the...
Analysis Article Mar 08

Analysts Have Made A Financial Statement On Woolworths Holdings Limited's (JSE:WHL) Half-Year Report

Shareholders might have noticed that Woolworths Holdings Limited ( JSE:WHL ) filed its half-yearly result this time...
User avatar
New Narrative Feb 09

Acquisition Of Absolute Pets And Investments In FBH Will Drive Future Operational Efficiencies

Strategic acquisitions and investments in the pet care and Foods sectors are expected to enhance market share, revenue, and margins for Woolworths Holdings.
Analysis Article Jan 09

Returns On Capital At Woolworths Holdings (JSE:WHL) Have Hit The Brakes

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Dec 05

We Think Woolworths Holdings (JSE:WHL) Is Taking Some Risk With Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Nov 19

Increases to Woolworths Holdings Limited's (JSE:WHL) CEO Compensation Might Cool off for now

Key Insights Woolworths Holdings will host its Annual General Meeting on 25th of November Salary of R19.4m is part of...
Analysis Article Oct 19

Investors Still Waiting For A Pull Back In Woolworths Holdings Limited (JSE:WHL)

With a price-to-earnings (or "P/E") ratio of 22.9x Woolworths Holdings Limited ( JSE:WHL ) may be sending very bearish...
Analysis Article Aug 16

Woolworths Holdings (JSE:WHL) Is Achieving High Returns On Its Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jul 11

Woolworths Holdings Limited's (JSE:WHL) Shareholders Might Be Looking For Exit

With a price-to-earnings (or "P/E") ratio of 14.8x Woolworths Holdings Limited ( JSE:WHL ) may be sending very bearish...
Analysis Article May 03

Is Woolworths Holdings (JSE:WHL) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Mar 28

Why The 24% Return On Capital At Woolworths Holdings (JSE:WHL) Should Have Your Attention

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Feb 09

Subdued Growth No Barrier To Woolworths Holdings Limited's (JSE:WHL) Price

When close to half the companies in South Africa have price-to-earnings ratios (or "P/E's") below 8x, you may consider...
Analysis Article Jan 21

Here's Why Woolworths Holdings (JSE:WHL) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 01

Why The 25% Return On Capital At Woolworths Holdings (JSE:WHL) Should Have Your Attention

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Analysis Article Nov 16

We Think Some Shareholders May Hesitate To Increase Woolworths Holdings Limited's (JSE:WHL) CEO Compensation

Key Insights Woolworths Holdings to hold its Annual General Meeting on 22nd of November CEO Roy Bagattini's total...
Analysis Article Oct 31

Woolworths Holdings Limited's (JSE:WHL) Share Price Could Signal Some Risk

With a price-to-earnings (or "P/E") ratio of 15.9x Woolworths Holdings Limited ( JSE:WHL ) may be sending very bearish...
Analysis Article Oct 01

Here's Why We Think Woolworths Holdings (JSE:WHL) Might Deserve Your Attention Today

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Shareholder Returns

WHLZA Multiline RetailZA Market
7D4.2%-1.3%4.7%
1Y2.6%3.6%20.1%

Return vs Industry: WHL underperformed the ZA Multiline Retail industry which returned 6.3% over the past year.

Return vs Market: WHL underperformed the ZA Market which returned 20.1% over the past year.

Price Volatility

Is WHL's price volatile compared to industry and market?
WHL volatility
WHL Average Weekly Movement3.2%
Multiline Retail Industry Average Movement5.8%
Market Average Movement4.8%
10% most volatile stocks in ZA Market10.7%
10% least volatile stocks in ZA Market3.1%

Stable Share Price: WHL has not had significant price volatility in the past 3 months compared to the ZA market.

Volatility Over Time: WHL's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192937,714Sam Ngumeniwww.woolworthsholdings.co.za

Woolworths Holdings Limited, through its subsidiaries, operates a chain of retail stores in South Africa, Australia, and New Zealand. It operates through seven segments: Woolworths Fashion, Beauty and Home; Woolworths Food; Woolworths Logistics; Country Road Group; Woolworths Financial Services; and Treasury. The company provides food, clothing, homeware, beauty, and other lifestyle products.

Woolworths Holdings Limited Fundamentals Summary

How do Woolworths Holdings's earnings and revenue compare to its market cap?
WHL fundamental statistics
Market capR47.84b
Earnings (TTM)R1.72b
Revenue (TTM)R81.61b
27.8x
P/E Ratio
0.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WHL income statement (TTM)
RevenueR81.61b
Cost of RevenueR53.84b
Gross ProfitR27.77b
Other ExpensesR26.05b
EarningsR1.72b

Last Reported Earnings

Dec 28, 2025

Next Earnings Date

n/a

Earnings per share (EPS)1.91
Gross Margin34.03%
Net Profit Margin2.11%
Debt/Equity Ratio99.3%

How did WHL perform over the long term?

See historical performance and comparison

Dividends

3.1%
Current Dividend Yield
103%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/18 16:51
End of Day Share Price 2026/06/17 00:00
Earnings2025/12/28
Annual Earnings2025/06/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Woolworths Holdings Limited is covered by 20 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Darren CohnAbsa Bank Limited
Michael MalkounArqaam Capital Research Offshore S.A.L.
Uluntu NdamaseAvior Capital Markets