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South African (JSE) Consumer Discretionary Sector Analysis

UpdatedJun 22, 2026
DataAggregated Company Financials
Companies29
  • 7D-1.0%
  • 3M-3.1%
  • 1Y-16.7%
  • YTD-19.2%

Over the last 7 days, the Consumer Discretionary industry has dropped 1.0%, driven by a pullback from Naspers of 3.9%. The industry has fallen 17% in the last year. As for the next few years, earnings are expected to grow by 4.2% per annum.

Sector Valuation and Performance

Has the South African Consumer Discretionary Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jun 2026R997.5bR758.1bR124.7b11.1x8x1.3x
Thu, 21 May 2026R1.0tR748.9bR125.7b9.5x8.1x1.4x
Sat, 18 Apr 2026R1.1tR744.8bR124.6b10.3x8.8x1.5x
Mon, 16 Mar 2026R1.1tR749.2bR128.2b9.8x8.6x1.5x
Wed, 11 Feb 2026R1.1tR734.3bR123.5b10.9x9x1.5x
Fri, 09 Jan 2026R1.3tR744.0bR126.7b11.5x10x1.7x
Sun, 07 Dec 2025R1.2tR745.9bR129.1b11.1x9.6x1.7x
Tue, 04 Nov 2025R1.4tR727.5bR121.8b10.3x11.1x1.9x
Thu, 02 Oct 2025R1.4tR725.4bR121.1b10.5x11.4x1.9x
Sat, 30 Aug 2025R1.3tR742.8bR123.1b10.6x10.6x1.8x
Mon, 28 Jul 2025R1.3tR742.4bR124.6b10.5x10.6x1.8x
Wed, 25 Jun 2025R1.3tR742.4bR124.4b10.7x10.2x1.7x
Fri, 23 May 2025R1.3tR727.7bR90.7b11.1x13.9x1.7x
Sun, 20 Apr 2025R1.1tR730.4bR92.9b10.8x12.1x1.5x
Tue, 18 Mar 2025R1.2tR731.0bR90.1b11.8x13.2x1.6x
Thu, 13 Feb 2025R1.1tR729.7bR90.8b12x12.7x1.6x
Sat, 11 Jan 2025R1.1tR733.8bR93.0b12.6x11.7x1.5x
Mon, 09 Dec 2024R1.2tR726.4bR89.2b12.9x13.8x1.7x
Wed, 06 Nov 2024R1.2tR717.8bR77.5b12.9x14.9x1.6x
Fri, 04 Oct 2024R1.2tR696.9bR77.3b12.4x15.6x1.7x
Sun, 01 Sep 2024R1.1tR694.5bR80.8b10.4x13.2x1.5x
Tue, 30 Jul 2024R991.6bR697.6bR82.6b9.7x12x1.4x
Thu, 27 Jun 2024R1.0tR696.0bR81.7b9x12.3x1.4x
Sat, 25 May 2024R1.0tR701.5bR105.6b8.6x9.9x1.5x
Mon, 22 Apr 2024R895.9bR706.2bR108.5b8.4x8.3x1.3x
Wed, 20 Mar 2024R898.5bR725.8bR106.7b8.2x8.4x1.2x
Fri, 16 Feb 2024R957.5bR713.3bR107.7b8.9x8.9x1.3x
Sun, 14 Jan 2024R908.2bR711.8bR106.4b8.6x8.5x1.3x
Tue, 12 Dec 2023R987.1bR714.9bR108.4b8.8x9.1x1.4x
Thu, 09 Nov 2023R953.9bR696.0bR102.6b9x9.3x1.4x
Sat, 07 Oct 2023R813.5bR701.4bR105.9b9.9x7.7x1.2x
Mon, 04 Sep 2023R958.6bR695.9bR104.2b9.2x9.2x1.4x
Wed, 02 Aug 2023R1.0tR661.6bR102.4b9.7x10x1.5x
Fri, 30 Jun 2023R986.3bR665.3bR104.5b9.8x9.4x1.5x
Price to Earnings Ratio

9.4x


Total Market Cap: R986.3bTotal Earnings: R104.5bTotal Revenue: R665.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Consumer Discretionary Sector Price to Earnings3Y Average 10.7x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Consumer Discretionary industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.0x which is lower than its 3-year average PE of 10.7x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 2.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the South African Consumer Discretionary sector?

ZA Market0.77%
Consumer Discretionary-1.03%
Consumer Services3.50%
Specialty Stores3.19%
Consumer Durables0.99%
Hospitality0.45%
Retail Distributors0%0
Online Retail and Ecommerce0%0
Auto Components-0.98%
General Merchandise and Department Stores-2.75%
Industry PE
  • Investors are most optimistic about the Consumer Services industry, which is trading close to its 3-year average PE ratio of 21.0x.
    • Analysts are expecting annual earnings growth of 11.8%, which is lower than the prior year's growth of 20.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Auto Components industry, expecting annual earnings growth of 66% over the next 5 years.
  • In contrast, the General Merchandise and Department Stores industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SDO Stadio HoldingsR12.318.0%
+R769.7m		41.8%PE31.8x
MRP Mr Price GroupR175.171.7%
+R758.5m		-19.8%PE12.1x
TRU Truworths InternationalR57.793.5%
+R718.5m		-17.9%PE7.5x
ITE ItaltileR9.105.2%
+R536.4m		-8.4%PE7.9x
WVR Weaver FintechR54.987.6%
+R410.5m		67.1%PE14.4x

Latest News

TFG
R65.10
Foschini Group
7D
1.8%
1Y
-49.0%
NPN
R819.09
Naspers
7D
-5.1%
1Y
-25.7%
TRU
R57.79
Truworths International
7D
3.5%
1Y
-17.9%
Narrative Update • Jun 18

TRU: Fair Value View Will Balance Dividend Appeal And Slightly Higher P/E

Analysts have kept the Truworths International price target steady at ZAR53.00, with minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions underpinning the unchanged valuation view. What’s in the News for Truworths International No recent Truworths International news items were identified in the sources provided.
MRP
R175.17
Mr Price Group
7D
1.7%
1Y
-19.8%
Narrative Update • Jun 18

MRP: Stable Dividend Policy And Margins Are Expected To Support Fairly Valued Shares

Analysts have kept the Mr Price Group price target steady at ZAR173.00. A slightly higher discount rate, lower revenue growth assumption, and higher profit margin and future P/E inputs are driving the unchanged fair value view.
SSU
R10.05
Southern Sun
7D
-0.7%
1Y
14.9%
Narrative Update • Jun 16

SSU: Dividend And EPS Outlook Will Support Future Upside

Analysts have kept their ZAR fair value estimate for Southern Sun unchanged at ZAR13.50 per share, with only marginal tweaks to inputs such as the discount rate and assumed future P/E. This reflects fine tuning of their valuation framework rather than a shift in the overall price target view.
MTH
R109.50
Motus Holdings
7D
-1.0%
1Y
14.9%
Narrative Update • Jun 16

MTH: Dividend And Bolt On Acquisitions Will Support Future Upside Potential

Analysts have kept their ZAR 156.69 price target on Motus Holdings unchanged, highlighting relatively stable assumptions around the discount rate, revenue growth, profit margins and future P/E in their latest models. What’s in the News for Motus Holdings No recent news stories for Motus Holdings are available from the provided primary sources.
SUI
R54.23
Sun International
7D
-1.9%
1Y
30.4%
Analysis Article • Jun 13

We Ran A Stock Scan For Earnings Growth And Sun International (JSE:SUI) Passed With Ease

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
CMH
R38.70
Combined Motor Holdings
7D
-3.4%
1Y
23.7%
PPH
R22.50
Pepkor Holdings
7D
-2.0%
1Y
-18.0%
NCS
R2.99
Nictus
7D
-6.6%
1Y
35.9%
ADH
R44.12
ADvTECH
7D
1.2%
1Y
43.7%
MTA
R4.90
Metair Investments
7D
-3.9%
1Y
-35.5%
WVR
R54.98
Weaver Fintech
7D
7.6%
1Y
67.1%
SDO
R12.31
Stadio Holdings
7D
8.0%
1Y
41.8%
ITE
R9.10
Italtile
7D
5.2%
1Y
-8.4%
SPG
R19.65
Super Group
7D
4.8%
1Y
47.7%