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South African (JSE) Food and Staples Retail Industry Analysis

UpdatedDec 24, 2025
DataAggregated Company Financials
Companies8
  • 7D-0.2%
  • 3M-3.1%
  • 1Y-9.8%
  • YTD-8.4%

Over the last 7 days, the Food and Staples Retail industry has remained flat. As for the longer term, the industry has declined 9.8% in the last year. Looking forward, earnings are forecast to grow by 14% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025R464.7bR898.2bR22.3b22.1x20.9x0.5x
Sat, 22 Nov 2025R473.7bR918.0bR23.0b20x20.6x0.5x
Mon, 20 Oct 2025R498.4bR912.4bR22.4b21x22.3x0.5x
Wed, 17 Sep 2025R490.9bR909.7bR22.3b20.9x22x0.5x
Fri, 15 Aug 2025R491.0bR903.4bR21.6b21.1x22.7x0.5x
Sun, 13 Jul 2025R485.6bR903.4bR21.6b21.3x22.5x0.5x
Tue, 10 Jun 2025R501.0bR903.4bR21.6b21x23.2x0.6x
Thu, 08 May 2025R508.0bR897.6bR18.9b21.8x26.8x0.6x
Sat, 05 Apr 2025R452.5bR896.2bR18.8b19.6x24.1x0.5x
Mon, 03 Mar 2025R490.7bR885.0bR18.4b21.3x26.6x0.6x
Wed, 29 Jan 2025R500.6bR880.8bR18.5b21.3x27x0.6x
Fri, 27 Dec 2024R517.2bR880.8bR18.5b20.5x27.9x0.6x
Sun, 24 Nov 2024R494.7bR844.6bR15.8b27.6x31.3x0.6x
Tue, 22 Oct 2024R452.5bR723.6bR19.0b27.9x23.8x0.6x
Thu, 19 Sep 2024R463.7bR723.6bR19.0b27.9x24.4x0.6x
Sat, 17 Aug 2024R456.6bR705.2bR18.4b28.7x24.9x0.6x
Mon, 15 Jul 2024R436.8bR705.2bR18.4b26.9x23.8x0.6x
Wed, 12 Jun 2024R397.7bR699.5bR18.4b23.7x21.6x0.6x
Fri, 10 May 2024R416.5bR809.0bR18.5b26.8x22.5x0.5x
Sun, 07 Apr 2024R412.3bR807.2bR18.3b27.8x22.5x0.5x
Tue, 05 Mar 2024R419.2bR792.4bR18.2b28.1x23.1x0.5x
Thu, 01 Feb 2024R446.7bR848.7bR15.9b28.5x28.2x0.5x
Sat, 30 Dec 2023R446.8bR848.7bR15.9b29.3x28.2x0.5x
Mon, 27 Nov 2023R427.2bR840.3bR17.3b22.4x24.7x0.5x
Wed, 25 Oct 2023R392.5bR832.4bR18.4b19.6x21.3x0.5x
Fri, 22 Sep 2023R410.8bR832.4bR18.4b20.3x22.3x0.5x
Sun, 20 Aug 2023R408.8bR787.7bR17.4b20x23.6x0.5x
Tue, 18 Jul 2023R410.0bR787.7bR17.4b20.5x23.6x0.5x
Thu, 15 Jun 2023R405.7bR782.4bR17.7b19.9x22.9x0.5x
Sat, 13 May 2023R387.1bR781.5bR17.7b17.7x21.8x0.5x
Mon, 10 Apr 2023R407.5bR772.7bR18.0b19.6x22.7x0.5x
Wed, 08 Mar 2023R412.8bR757.4bR17.4b21.3x23.7x0.5x
Fri, 03 Feb 2023R418.9bR737.3bR16.4b22.2x25.6x0.6x
Sun, 01 Jan 2023R388.8bR737.3bR16.4b21.5x23.7x0.5x
Price to Earnings Ratio

23.7x


Total Market Cap: R388.8bTotal Earnings: R16.4bTotal Revenue: R737.3bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food and Staples Retail Industry Price to Earnings3Y Average 24.1x202320242025
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 20.9x which is lower than its 3-year average PE of 24.1x.
  • 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 11% per year over the last three years.
  • Revenues for these companies have grown 6.8% 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 Market3.47%
Consumer Staples0.33%
Food and Staples Retail-0.17%
Food Distributors0.91%
Big Box Super Stores0%0
Food Retail-0.20%
Drug Retail-1.66%
Industry PE
  • Investors are most optimistic about the Drug Retail industry even though it's trading below its 3-year average PE ratio of 27.5x.
    • Analysts are expecting annual earnings growth of 9.8%, which is lower than the prior year's growth of 15.2% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 19.7x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings growth rate of 1.9% per year.
  • In contrast, the Drug Retail industry is expected to see its earnings grow by 9.8% 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
KAL KAL GroupR49.892.1%
+R72.0m		-1.2%PE8.7x

Latest News

SPP
R93.50
SPAR Group
7D
-0.9%
1Y
-38.0%

SPP: Earnings Reset Will Define Risk Profile Amid Modest Margin Outlook

Analysts have trimmed their price target on SPAR Group to $104.00 from $111.00, reflecting slightly higher perceived risk despite modestly improved growth and margin expectations. What's in the News SPAR Group issued earnings guidance for the 52 weeks ending September 26, 2025, projecting EPS of 375.4 to 458.9 cents per share, significantly below the prior year's 834.3 cents per share (company guidance).
KAL
R49.89
KAL Group
7D
2.1%
1Y
-1.2%

KAL Group's (JSE:KAL) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 18
KAL Group's (JSE:KAL) Shareholders Will Receive A Bigger Dividend Than Last Year
SHP
R269.70
Shoprite Holdings
7D
-0.7%
1Y
-10.8%
CLS
R333.59
Clicks Group
7D
-1.4%
1Y
-12.1%
DCP
R34.83
Dis-Chem Pharmacies
7D
-0.2%
1Y
-4.3%

Dis-Chem Pharmacies (JSE:DCP) Seems To Use Debt Quite Sensibly

Nov 22
Dis-Chem Pharmacies (JSE:DCP) Seems To Use Debt Quite Sensibly
PIK
R24.43
Pick n Pay Stores
7D
-1.1%
1Y
-19.9%

There Are Reasons To Feel Uneasy About Pick n Pay Stores' (JSE:PIK) Returns On Capital

Nov 20
There Are Reasons To Feel Uneasy About Pick n Pay Stores' (JSE:PIK) Returns On Capital
BOX
R70.95
Boxer Retail
7D
-1.1%
1Y
10.3%
BID
R415.62
Bid
7D
-0.3%
1Y
-5.1%