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

South African (JSE) Consumer Staples Sector Analysis

UpdatedApr 05, 2026
DataAggregated Company Financials
Companies21
  • 7D-0.5%
  • 3M-4.1%
  • 1Y4.6%
  • YTD-4.8%

The Consumer Staples is pretty flat in the last 7 days, but Dis-Chem Pharmacies has stood out, gaining 3.4%. As for the the longer term, the industry is up 4.6% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 05 Apr 2026R592.0bR1.1tR35.8b12.2x16.5x0.5x
Tue, 03 Mar 2026R610.9bR1.1tR35.9b12x17x0.6x
Thu, 29 Jan 2026R616.4bR1.1tR35.2b12.2x17.5x0.6x
Sat, 27 Dec 2025R623.0bR1.1tR35.2b12.6x17.7x0.6x
Mon, 24 Nov 2025R624.2bR1.1tR36.0b11.1x17.3x0.6x
Wed, 22 Oct 2025R649.1bR1.1tR34.9b11.3x18.6x0.6x
Fri, 19 Sep 2025R638.1bR1.1tR33.0b12.3x19.3x0.6x
Sun, 17 Aug 2025R629.4bR1.1tR31.5b12.5x20x0.6x
Tue, 15 Jul 2025R615.7bR1.1tR31.5b11.5x19.5x0.6x
Thu, 12 Jun 2025R633.8bR1.1tR31.5b12.7x20.1x0.6x
Sat, 10 May 2025R643.1bR1.1tR28.0b12.8x22.9x0.6x
Mon, 07 Apr 2025R572.8bR1.1tR27.9b11.6x20.5x0.5x
Wed, 05 Mar 2025R607.7bR1.1tR28.9b14x21x0.6x
Fri, 31 Jan 2025R646.9bR1.1tR28.8b15x22.5x0.6x
Sun, 29 Dec 2024R654.0bR1.1tR28.8b15.6x22.7x0.6x
Tue, 26 Nov 2024R618.7bR1.0tR26.0b14.8x23.8x0.6x
Thu, 24 Oct 2024R576.0bR905.7bR28.0b15.2x20.5x0.6x
Sat, 21 Sep 2024R596.1bR904.7bR28.4b14.6x21x0.7x
Mon, 19 Aug 2024R574.4bR900.0bR27.6b10.5x20.8x0.6x
Wed, 17 Jul 2024R554.3bR900.0bR27.6b10.3x20.1x0.6x
Fri, 14 Jun 2024R507.2bR880.4bR27.4b10.3x18.5x0.6x
Sun, 12 May 2024R525.7bR989.9bR26.9b10.4x19.6x0.5x
Tue, 09 Apr 2024R513.4bR988.2bR26.7b10.1x19.2x0.5x
Thu, 07 Mar 2024R538.6bR973.2bR26.5b10.4x20.3x0.6x
Sat, 03 Feb 2024R596.7bR1.1tR24.8b14.3x24.1x0.6x
Mon, 01 Jan 2024R588.4bR1.1tR24.8b14x23.7x0.6x
Wed, 29 Nov 2023R562.3bR1.1tR26.3b12.2x21.4x0.5x
Fri, 27 Oct 2023R529.8bR1.0tR27.4b11.8x19.3x0.5x
Sun, 24 Sep 2023R538.2bR1.0tR28.5b10.7x18.9x0.5x
Tue, 22 Aug 2023R542.8bR999.2bR27.0b11.3x20.1x0.5x
Thu, 20 Jul 2023R537.9bR999.2bR27.0b11.1x20x0.5x
Sat, 17 Jun 2023R542.4bR999.2bR27.2b11x20x0.5x
Mon, 15 May 2023R519.5bR969.5bR27.0b12.2x19.2x0.5x
Wed, 12 Apr 2023R543.1bR960.6bR27.3b12.9x19.9x0.6x
Price to Earnings Ratio

19.9x


Total Market Cap: R543.1bTotal Earnings: R27.3bTotal Revenue: R960.6bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Consumer Staples Sector Price to Earnings3Y Average 20.4x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Consumer Staples 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 16.5x which is lower than its 3-year average PE of 20.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have grown 9.5% per year over the last three years.
  • Revenues for these companies have grown 4.3% 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 Staples sector?

ZA Market2.87%
Consumer Staples-0.52%
Food0.063%
Personal Products0%0
Food and Staples Retail-0.67%
Beverage-11.74%
Industry PE
  • Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 12.6%, which is higher than its past year's earnings growth of 10.8% per year.
  • Investors are most pessimistic about the Beverage industry, which is trading below its 3-year average of 5.0x.
Forecasted Growth
  • Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 13% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Food industry is expected to see its earnings grow by 7.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DCP Dis-Chem PharmaciesR37.903.4%
+R1.1b		34.9%PE26.3x
QFH Quantum Foods HoldingsR11.8914.9%
+R312.6m		73.3%PE8.7x
AVI AVIR103.330.7%
+R235.8m		23.9%PE13.3x
RBO Rainbow ChickenR6.803.8%
+R224.7m		114.5%PE6.6x
CLS Clicks GroupR294.510.2%
+R164.4m		-10.1%PE21.4x

Latest News

SZK
R30.01
SAB Zenzele Kabili Holdings (RF)
7D
-11.7%
1Y
-22.1%
LBR
R4.51
Libstar Holdings
7D
-7.0%
1Y
41.4%
AVI
R103.33
AVI
7D
0.7%
1Y
23.9%
QFH
R11.89
Quantum Foods Holdings
7D
14.9%
1Y
73.3%
ARL
R254.69
Astral Foods
7D
1.4%
1Y
66.9%

ARL: Interim Earnings Guidance And Stable Assumptions Will Support Balanced Outlook

Astral Foods' analyst price target has been reaffirmed at ZAR265, with analysts citing consistent assumptions for the discount rate, revenue growth, profit margin and future P/E as the basis for keeping their valuation unchanged. What's in the News Astral Foods issued earnings guidance for the six months ending 31 March 2026, with EPS expected to be at least ZAR 21.95 compared with ZAR 4.72 for HY2025, indicating a substantial increase in earnings on this measure (Key Developments).
KAL
R45.11
KAL Group
7D
1.6%
1Y
12.8%
BRT
R4.80
Brimstone Investment
7D
12.9%
1Y
9.1%
SHP
R275.49
Shoprite Holdings
7D
-0.1%
1Y
10.1%

SHP: Future Upside Will Be Driven By Dividend Support And Earnings Guidance

Analysts have trimmed their Shoprite Holdings price target from ZAR322.69 to ZAR317.19, as slightly softer assumptions on revenue growth, profit margins and fair value are now partly offset by a marginally higher future P/E estimate and a small adjustment to the discount rate. What's in the News The board declares an interim cash dividend of 307 cents per ordinary share for the 26-week period ended 28 December 2025, with payment scheduled for 30 March 2026 from retained earnings in line with applicable legislation (Key Developments).
SPP
R61.58
SPAR Group
7D
-3.5%
1Y
-43.8%

SPP: Leadership Changes And Margin Recovery Will Drive Future Upside Potential

Analysts have kept their ZAR 81.00 price target for SPAR Group unchanged, indicating that only small adjustments in the discount rate, revenue growth, profit margin and future P/E assumptions have been made, rather than a major shift in their overall view. What's in the News Group CEO Angelo Swartz has resigned effective 28 February 2026 after 19 years at SPAR, with the board highlighting his role in operational stabilization, portfolio simplification and balance sheet strengthening during his tenure (Key Developments).
BID
R408.00
Bid
7D
-1.9%
1Y
-5.4%
RBO
R6.80
Rainbow Chicken
7D
3.8%
1Y
114.5%
RCL
R8.15
RCL Foods
7D
-3.0%
1Y
-14.2%
PMR
R171.53
Premier Group
7D
-1.3%
1Y
43.9%
DCP
R37.90
Dis-Chem Pharmacies
7D
3.4%
1Y
34.9%
BOX
R73.78
Boxer Retail
7D
-2.7%
1Y
17.1%
CLS
R294.51
Clicks Group
7D
0.2%
1Y
-10.1%

If EPS Growth Is Important To You, Clicks Group (JSE:CLS) Presents An Opportunity

Feb 11
If EPS Growth Is Important To You, Clicks Group (JSE:CLS) Presents An Opportunity