Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

South African (JSE) Consumer Discretionary Sector Analysis

UpdatedDec 05, 2025
DataAggregated Company Financials
Companies30
  • 7D-2.3%
  • 3M-4.4%
  • 1Y4.1%
  • YTD8.9%

Over the last 7 days, the Consumer Discretionary industry has dropped 2.3%, driven by a pullback from Naspers of 3.9%. Over the past 12 months, the industry was up 4.1%. Earnings are forecast to grow by 3.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 05 Dec 2025R1.2tR745.7bR129.3b11.1x9.5x1.7x
Sun, 02 Nov 2025R1.3tR727.8bR122.0b10.3x11x1.8x
Tue, 30 Sep 2025R1.4tR725.7bR121.3b10.4x11.2x1.9x
Thu, 28 Aug 2025R1.3tR742.5bR124.4b10.5x10.5x1.8x
Sat, 26 Jul 2025R1.3tR742.4bR124.6b10.5x10.6x1.8x
Mon, 23 Jun 2025R1.2tR738.6bR91.6b11.2x13.4x1.7x
Wed, 21 May 2025R1.3tR726.7bR90.3b10.8x14x1.7x
Fri, 18 Apr 2025R1.1tR730.3bR92.8b10.8x12.2x1.6x
Sun, 16 Mar 2025R1.2tR731.4bR90.2b11.7x13.1x1.6x
Tue, 11 Feb 2025R1.1tR729.3bR90.6b12x12.5x1.6x
Thu, 09 Jan 2025R1.1tR732.2bR92.1b12.2x11.7x1.5x
Sat, 07 Dec 2024R1.2tR726.2bR89.1b12.9x13.8x1.7x
Mon, 04 Nov 2024R1.2tR719.6bR78.4b12.8x14.7x1.6x
Wed, 02 Oct 2024R1.2tR696.2bR77.0b12.5x15.4x1.7x
Fri, 30 Aug 2024R1.1tR694.1bR80.6b10.4x13.1x1.5x
Sun, 28 Jul 2024R990.7bR696.6bR82.1b9.4x12.1x1.4x
Tue, 25 Jun 2024R1.0tR706.6bR104.4b9x9.9x1.5x
Thu, 23 May 2024R1.0tR700.2bR104.8b8.6x10x1.5x
Sat, 20 Apr 2024R895.0bR706.7bR108.8b8.4x8.2x1.3x
Mon, 18 Mar 2024R902.8bR724.6bR105.8b8.6x8.5x1.2x
Wed, 14 Feb 2024R971.2bR714.6bR108.5b8.7x9x1.4x
Fri, 12 Jan 2024R910.3bR711.6bR106.3b8.6x8.6x1.3x
Sun, 10 Dec 2023R980.3bR714.0bR107.8b8.5x9.1x1.4x
Tue, 07 Nov 2023R957.3bR695.0bR102.0b9.3x9.4x1.4x
Thu, 05 Oct 2023R812.8bR701.6bR106.0b9.9x7.7x1.2x
Sat, 02 Sep 2023R958.4bR695.5bR103.9b9.2x9.2x1.4x
Mon, 31 Jul 2023R1.0tR657.3bR100.0b9.8x10.1x1.5x
Wed, 28 Jun 2023R920.8bR693.1bR72.9b9.8x12.6x1.3x
Fri, 26 May 2023R938.9bR688.0bR75.2b9.8x12.5x1.4x
Sun, 23 Apr 2023R989.3bR677.9bR72.8b10.3x13.6x1.5x
Tue, 21 Mar 2023R262.6bR439.7bR30.1b9x8.7x0.6x
Thu, 16 Feb 2023R1.1tR652.7bR71.8b10.5x15x1.7x
Sat, 14 Jan 2023R959.6bR643.8bR69.4b11.4x13.8x1.5x
Mon, 12 Dec 2022R837.1bR648.1bR70.5b11.1x11.9x1.3x
Price to Earnings Ratio

11.9x


Total Market Cap: R837.1bTotal Earnings: R70.5bTotal Revenue: R648.1bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Consumer Discretionary Sector Price to Earnings3Y Average 11.5x202320242025
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 9.5x which is lower than its 3-year average PE of 11.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Consumer Discretionary industry have grown 22% per year over the last three years.
  • Revenues for these companies have grown 4.8% 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 Market0.54%
Consumer Discretionary-2.28%
Auto Components1.85%
Specialty Stores1.68%
Consumer Services1.10%
Retail Distributors0%0
Online Retail and Ecommerce0%0
Hospitality-0.80%
Consumer Durables-2.11%
General Merchandise and Department Stores-3.68%
Industry PE
  • Investors are most optimistic about the Consumer Services industry which is trading above its 3-year average PE ratio of 19.8x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Auto Components industry, expecting annual earnings growth of 106% 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
PPH Pepkor HoldingsR27.113.6%
+R3.5b		-4.7%PE17.7x
MRP Mr Price GroupR215.482.0%
+R1.1b		-27.5%PE14.9x
WBC We Buy Cars HoldingsR47.502.6%
+R509.1m		3.9%PE21.6x
SPG Super GroupR20.108.1%
+R508.2m		-33.7%PE8.5x
SSU Southern SunR9.903.3%
+R429.4m		9.8%PE13x

Latest News

TSG
R6.46
Tsogo Sun
7D
-9.7%
1Y
-39.3%

There May Be Reason For Hope In Tsogo Sun's (JSE:TSG) Disappointing Earnings

Dec 05
There May Be Reason For Hope In Tsogo Sun's (JSE:TSG) Disappointing Earnings
SSU
R9.90
Southern Sun
7D
3.3%
1Y
9.8%
TFG
R83.38
Foschini Group
7D
-1.8%
1Y
-51.8%

TFG: Digital Focus Will Support Long-Term Stability Despite Higher Perceived Risk

Narrative Update on Foschini Group Analysts have reduced their price target on Foschini Group to ZAR 93, reflecting a more cautious stance on the shares as updated discount rate assumptions point to slightly higher perceived risk in the company’s future cash flows. Analyst Commentary Analysts are adopting a more balanced stance on Foschini Group, with the latest move being a downgrade to Hold alongside the ZAR 93 price target.
NPN
R1,057.31
Naspers
7D
-3.9%
1Y
20.4%
SDO
R12.50
Stadio Holdings
7D
2.5%
1Y
81.4%
SPG
R20.10
Super Group
7D
8.1%
1Y
-33.7%
PPH
R27.11
Pepkor Holdings
7D
3.6%
1Y
-4.7%

PPH: Upgraded Buy Rating And Cost Controls Will Drive Stronger Momentum

The analyst price target for Pepkor Holdings has been revised down from R32.76 to R31.74. Analysts cite changes in profit margin assumptions and recent research highlighting improved sentiment, which is reflected in a Buy rating upgrade.
MRP
R215.48
Mr Price Group
7D
2.0%
1Y
-27.5%

MRP: Dividend Increase And Margin Stability Will Support Share Price Upside

The analyst price target for Mr Price Group has risen slightly from ZAR 301.42 to ZAR 301.53. Analysts point to improving revenue growth forecasts and stable profit margins.
WBC
R47.50
We Buy Cars Holdings
7D
2.6%
1Y
3.9%

WBC: Future Earnings Potential Remains Strong Despite Margins Slightly Narrowing

Analysts have revised their price target for We Buy Cars Holdings downwards from R59.29 to R55.67, citing slightly reduced revenue growth expectations and narrowing profit margins. Valuation Changes Fair Value Estimate: Lowered from ZAR59.29 to ZAR55.67, reflecting an updated outlook.
TRU
R55.67
Truworths International
7D
-1.2%
1Y
-47.8%

TRU: Higher Profit Margins Will Drive Potential Upside Amid Adjusted Forecasts

Analysts have slightly reduced their price target for Truworths International from R65.37 to R64.95. This reflects minor revisions in growth and profitability expectations.
WHL
R56.25
Woolworths Holdings
7D
-0.4%
1Y
-13.1%

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).
ITE
R8.95
Italtile
7D
-1.0%
1Y
-37.4%

We Discuss Why Italtile Limited's (JSE:ITE) CEO Compensation May Be Closely Reviewed

Nov 08
We Discuss Why Italtile Limited's (JSE:ITE) CEO Compensation May Be Closely Reviewed
COH
R13.69
Curro Holdings
7D
2.5%
1Y
3.8%
SUI
R38.77
Sun International
7D
-2.3%
1Y
-11.9%
WVR
R56.71
Weaver Fintech
7D
3.1%
1Y
89.0%

Weaver Fintech (JSE:WVR) Is Doing The Right Things To Multiply Its Share Price

Oct 03
Weaver Fintech (JSE:WVR) Is Doing The Right Things To Multiply Its Share Price
MTH
R114.00
Motus Holdings
7D
-1.0%
1Y
-9.9%