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South African (JSE) Food and Staples Retail Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies7
  • 7D2.3%
  • 3M-2.8%
  • 1Y11.7%
  • YTD-2.6%

Over the last 7 days, the Food and Staples Retail industry has risen 2.3%, driven by gains from Shoprite Holdings of 2.3%. In the last 12 months, the industry was up 12%. 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
Fri, 10 May 2024R420.0bR809.0bR18.5b27.2x22.8x0.5x
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
Tue, 29 Nov 2022R420.1bR737.3bR16.4b23.3x25.6x0.6x
Thu, 27 Oct 2022R405.1bR728.0bR16.3b20.7x24.9x0.6x
Sat, 24 Sep 2022R378.6bR721.9bR15.6b21x24.2x0.5x
Mon, 22 Aug 2022R410.7bR692.1bR14.3b24.3x28.7x0.6x
Wed, 20 Jul 2022R374.5bR692.1bR14.3b22.1x26.2x0.5x
Fri, 17 Jun 2022R390.4bR692.1bR14.3b22.6x27.3x0.6x
Sun, 15 May 2022R405.3bR682.9bR14.1b24.9x28.8x0.6x
Tue, 12 Apr 2022R419.6bR681.3bR13.8b25.1x30.3x0.6x
Thu, 10 Mar 2022R389.6bR681.3bR13.8b24.6x28.3x0.6x
Sat, 05 Feb 2022R408.9bR673.0bR12.5b25.7x32.6x0.6x
Mon, 03 Jan 2022R404.9bR673.0bR12.5b24.4x32.3x0.6x
Wed, 01 Dec 2021R382.3bR673.0bR12.5b23.1x30.5x0.6x
Fri, 29 Oct 2021R389.3bR670.5bR12.7b25.9x30.7x0.6x
Sun, 26 Sep 2021R393.5bR665.0bR10.1b28.8x39x0.6x
Tue, 24 Aug 2021R377.5bR576.4bR11.7b28.9x32.2x0.7x
Wed, 30 Jun 2021R339.8bR568.9bR10.5b26.1x32.2x0.6x
Price to Earnings Ratio

32.2x


Total Market Cap: R339.3bTotal Earnings: R10.5bTotal Revenue: R568.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food and Staples Retail Industry Price to Earnings3Y Average 26.8x202220232024
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 22.8x which is lower than its 3-year average PE of 26.8x.
  • 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 21% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Market1.66%
Consumer Staples1.63%
Food and Staples Retail2.32%
Drug Retail3.65%
Food Distributors1.91%
Food Retail1.90%
Big Box Super Stores0%
Industry PE
  • Investors are most optimistic about the Drug Retail industry, which is trading close to its 3-year average PE ratio of 30.6x.
    • Analysts are expecting annual earnings growth of 13.0%, which is higher than its past year's earnings decline of 5.4% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading below its 3-year average of 24.2x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings growth rate of 2.7% per year.
  • In contrast, the Drug Retail industry is expected to see its earnings grow by 13% 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
SHP Shoprite HoldingsR256.002.3%
+R3.2b		27.7%PE21.5x
BID BidR433.491.1%
+R1.6b		9.5%PE19.5x
CLS Clicks GroupR299.331.7%
+R1.2b		17.4%PE26.8x
PIK Pick n Pay StoresR20.552.2%
+R217.2m		-41.4%PE68.3x
DCP Dis-Chem PharmaciesR33.000.6%
+R180.4m		35.4%PE31.6x
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Latest News

CLS

R299.33

Clicks Group

7D

1.7%

1Y

17.4%

DCP

R33.00

Dis-Chem Pharmacies

7D

0.6%

1Y

35.4%

SPP

R100.20

SPAR Group

7D

0.03%

1Y

-18.1%

BID

R433.49

Bid

7D

1.1%

1Y

9.5%

Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

Apr 22
Bid (JSE:BID) Has More To Do To Multiply In Value Going Forward

SHP

R256.00

Shoprite Holdings

7D

2.3%

1Y

27.7%

KAL

R43.60

KAL Group

7D

-0.05%

1Y

20.1%

PIK

R20.55

Pick n Pay Stores

7D

2.2%

1Y

-41.4%