Have your own idea? Try our Stock Screener
South African (JSE) Food and Staples Retail Industry Analysis
UpdatedMar 25, 2026
DataAggregated Company Financials
Companies8
- 7D0.4%
- 3M-4.9%
- 1Y-7.6%
- YTD-5.6%
Over the last 7 days, the Food and Staples Retail industry has remained flat, although notably Boxer Retail gained 11%. As for the longer term, the industry has declined 7.6% in the last year. As for the next few years, earnings are expected to grow by 13% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 25 Mar 2026 | R442.3b | R915.8b | R23.0b | 19.5x | 19.2x | 0.5x |
| Fri, 20 Feb 2026 | R469.8b | R898.2b | R22.3b | 21.3x | 21.1x | 0.5x |
| Sun, 18 Jan 2026 | R471.2b | R898.2b | R22.3b | 22.2x | 21.2x | 0.5x |
| Tue, 16 Dec 2025 | R465.5b | R898.2b | R22.3b | 21.9x | 20.9x | 0.5x |
| Thu, 13 Nov 2025 | R488.0b | R918.0b | R23.0b | 20.6x | 21.2x | 0.5x |
| Sat, 11 Oct 2025 | R498.8b | R909.7b | R22.3b | 21x | 22.3x | 0.5x |
| Mon, 08 Sep 2025 | R486.7b | R909.7b | R22.3b | 20.3x | 21.8x | 0.5x |
| Wed, 06 Aug 2025 | R483.5b | R903.4b | R21.6b | 20.4x | 22.4x | 0.5x |
| Fri, 04 Jul 2025 | R503.5b | R903.4b | R21.6b | 22.2x | 23.3x | 0.6x |
| Sun, 01 Jun 2025 | R512.7b | R904.7b | R21.7b | 21.6x | 23.6x | 0.6x |
| Tue, 29 Apr 2025 | R503.2b | R897.6b | R18.9b | 21.7x | 26.6x | 0.6x |
| Thu, 27 Mar 2025 | R478.1b | R896.2b | R18.8b | 21.1x | 25.5x | 0.5x |
| Sat, 22 Feb 2025 | R501.9b | R880.8b | R18.5b | 21.3x | 27.1x | 0.6x |
| Mon, 20 Jan 2025 | R517.5b | R880.8b | R18.5b | 21.9x | 28x | 0.6x |
| Wed, 18 Dec 2024 | R521.0b | R880.8b | R18.5b | 20.6x | 28.1x | 0.6x |
| Fri, 15 Nov 2024 | R494.0b | R844.6b | R15.8b | 28.4x | 31.2x | 0.6x |
| Sun, 13 Oct 2024 | R458.8b | R723.6b | R19.0b | 28.3x | 24.1x | 0.6x |
| Tue, 10 Sep 2024 | R456.8b | R723.6b | R19.0b | 27.8x | 24x | 0.6x |
| Thu, 08 Aug 2024 | R443.8b | R705.2b | R18.4b | 27.9x | 24.2x | 0.6x |
| Sat, 06 Jul 2024 | R432.2b | R705.2b | R18.4b | 26.8x | 23.5x | 0.6x |
| Mon, 03 Jun 2024 | R395.9b | R697.5b | R18.3b | 23.8x | 21.6x | 0.6x |
| Wed, 01 May 2024 | R410.5b | R809.0b | R18.5b | 26.1x | 22.2x | 0.5x |
| Fri, 29 Mar 2024 | R417.5b | R807.2b | R18.3b | 28x | 22.8x | 0.5x |
| Sun, 25 Feb 2024 | R429.1b | R792.4b | R18.2b | 28.5x | 23.6x | 0.5x |
| Tue, 23 Jan 2024 | R440.1b | R848.7b | R15.9b | 28.4x | 27.7x | 0.5x |
| Thu, 21 Dec 2023 | R426.3b | R848.7b | R15.9b | 27.7x | 26.9x | 0.5x |
| Sat, 18 Nov 2023 | R420.1b | R838.5b | R17.3b | 21.5x | 24.4x | 0.5x |
| Mon, 16 Oct 2023 | R403.3b | R832.4b | R18.4b | 20.3x | 21.9x | 0.5x |
| Wed, 13 Sep 2023 | R420.9b | R832.4b | R18.4b | 19.9x | 22.8x | 0.5x |
| Fri, 11 Aug 2023 | R428.5b | R787.7b | R17.4b | 22.1x | 24.7x | 0.5x |
| Sun, 09 Jul 2023 | R393.7b | R787.7b | R17.4b | 19.1x | 22.7x | 0.5x |
| Tue, 06 Jun 2023 | R382.1b | R782.4b | R17.7b | 17.5x | 21.6x | 0.5x |
| Thu, 04 May 2023 | R405.9b | R773.1b | R17.9b | 18.9x | 22.6x | 0.5x |
| Sat, 01 Apr 2023 | R402.4b | R772.7b | R18.0b | 19.3x | 22.4x | 0.5x |
Price to Earnings Ratio
22.4x
Current Industry PE
- Investors are pessimistic on the South African Consumer Retailing 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 19.2x which is lower than its 3-year average PE of 23.8x.
- The industry is trading close to its 3-year average PS ratio of 0.54x.
Past Earnings Growth
- The earnings for companies in the Consumer Retailing industry have grown 8.6% per year over the last three years.
- Revenues for these companies have grown 5.8% 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 Staples industry?
| ZA Market | -5.08% | |
| Consumer Staples | 0.26% | |
| Food and Staples Retail | 0.36% | |
| Food Retail | 2.93% | |
| Big Box Super Stores | 0% | 0 |
| Drug Retail | -0.85% | |
| Food Distributors | -2.18% | |
Industry PE
- Investors are most optimistic about the Food Retail industry even though it's trading below its 3-year average PE ratio of 26.1x.
- Analysts are expecting annual earnings growth of 17.5%, which is higher than its past year's earnings growth of 1.9% per year.
- Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 19.4x.
Forecasted Growth
- Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 18% over the next 5 years.
- This is better than its past earnings growth rate of 1.9% per year.
- In contrast, the Food Distributors industry is expected to see its earnings grow by 8.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BOX Boxer Retail | R78.99 | 10.7% +R3.5b | 9.6% | PE25.7x | |
| SHP Shoprite Holdings | R271.51 | 1.6% +R2.4b | 0.4% | PE19.5x | |
| DCP Dis-Chem Pharmacies | R34.79 | 2.3% +R677.0m | 13.2% | PE24.1x |
