South African (JSE) Food and Staples Retail Industry Analysis

Industry Valuation and Performance

Has the South African Food and Staples Retail Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 28 Jan 2025	R503.6b	R880.8b	R18.5b	21.1x	27.2x	0.6x
Thu, 26 Dec 2024	R517.2b	R880.8b	R18.5b	20.5x	27.9x	0.6x
Sat, 23 Nov 2024	R494.7b	R844.6b	R15.8b	27.6x	31.3x	0.6x
Mon, 21 Oct 2024	R454.0b	R723.6b	R19.0b	28x	23.9x	0.6x
Wed, 18 Sep 2024	R462.4b	R723.6b	R19.0b	28x	24.3x	0.6x
Fri, 16 Aug 2024	R449.6b	R705.2b	R18.4b	28.1x	24.5x	0.6x
Sun, 14 Jul 2024	R436.8b	R705.2b	R18.4b	26.9x	23.8x	0.6x
Tue, 11 Jun 2024	R399.8b	R699.5b	R18.4b	23.8x	21.7x	0.6x
Thu, 09 May 2024	R420.0b	R809.0b	R18.5b	27.2x	22.8x	0.5x
Sat, 06 Apr 2024	R412.3b	R807.2b	R18.3b	27.8x	22.5x	0.5x
Mon, 04 Mar 2024	R419.0b	R792.4b	R18.2b	28.3x	23x	0.5x
Wed, 31 Jan 2024	R443.5b	R848.7b	R15.9b	28.3x	28x	0.5x
Fri, 29 Dec 2023	R442.8b	R848.7b	R15.9b	28.8x	27.9x	0.5x
Sun, 26 Nov 2023	R427.2b	R840.3b	R17.3b	22.4x	24.7x	0.5x
Tue, 24 Oct 2023	R392.5b	R832.4b	R18.4b	19.6x	21.3x	0.5x
Thu, 21 Sep 2023	R415.2b	R832.4b	R18.4b	20.6x	22.5x	0.5x
Sat, 19 Aug 2023	R408.8b	R787.7b	R17.4b	20x	23.6x	0.5x
Mon, 17 Jul 2023	R409.2b	R787.7b	R17.4b	20.7x	23.6x	0.5x
Wed, 14 Jun 2023	R405.7b	R782.4b	R17.7b	19.8x	22.9x	0.5x
Fri, 12 May 2023	R380.5b	R781.5b	R17.7b	17.4x	21.4x	0.5x
Sun, 09 Apr 2023	R407.5b	R772.7b	R18.0b	19.6x	22.7x	0.5x
Tue, 07 Mar 2023	R413.6b	R757.4b	R17.4b	21.4x	23.7x	0.5x
Thu, 02 Feb 2023	R415.2b	R737.3b	R16.4b	22.1x	25.3x	0.6x
Sat, 31 Dec 2022	R388.8b	R737.3b	R16.4b	21.5x	23.7x	0.5x
Mon, 28 Nov 2022	R422.1b	R737.3b	R16.4b	23.6x	25.8x	0.6x
Wed, 26 Oct 2022	R401.9b	R728.0b	R16.3b	20.9x	24.7x	0.6x
Fri, 23 Sep 2022	R384.4b	R721.9b	R15.6b	21.1x	24.6x	0.5x
Sun, 21 Aug 2022	R410.7b	R692.1b	R14.3b	24.3x	28.7x	0.6x
Tue, 19 Jul 2022	R374.5b	R692.1b	R14.3b	22.1x	26.2x	0.5x
Thu, 16 Jun 2022	R390.4b	R692.1b	R14.3b	22.6x	27.3x	0.6x
Sat, 14 May 2022	R405.3b	R682.9b	R14.1b	24.9x	28.8x	0.6x
Mon, 11 Apr 2022	R422.5b	R681.3b	R13.8b	25.4x	30.5x	0.6x
Wed, 09 Mar 2022	R384.4b	R673.0b	R13.3b	24.6x	28.9x	0.6x
Fri, 04 Feb 2022	R410.9b	R673.0b	R12.5b	25.7x	32.8x	0.6x

Current Industry PE

Investors are relatively neutral on the South African Consumer Retailing industry at the moment, indicating that they anticipate long term growth rates to remain steady.

The industry is trading close to its 3-year average PE ratio of 25.3x.

The industry is trading close to its 3-year average PS ratio of 0.55x.

Past Earnings Growth

The earnings for companies in the Consumer Retailing industry have grown 14% per year over the last three years.
Revenues for these companies have grown 9.4% 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 industry?


ZA Market	-0.94%
Consumer Staples	-2.39%
Food and Staples Retail	-2.60%
Big Box Super Stores	0%	0
Food Distributors	-0.47%
Food Retail	-1.96%
Drug Retail	-7.04%

Industry PE

Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 23.5x.

Analysts are expecting annual earnings growth of 23.2%, which is higher than its past year's earnings growth of 4.2% per year.

Investors are most pessimistic about the Food Distributors industry, which is trading close to its 3-year average of 20.8x.

Forecasted Growth

Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 23% over the next 5 years.
This is better than its past earnings growth rate of 4.2% per year.