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South African (JSE) Food and Staples Retail Industry Analysis

UpdatedFeb 08, 2026
DataAggregated Company Financials
Companies8
  • 7D1.2%
  • 3M-5.8%
  • 1Y-8.5%
  • YTD-0.9%

The Food and Staples Retail industry is up 1.2% in the last week, with Bid up 6.2%. In contrast, the industry has lost 8.5% in the last 12 months. Earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 08 Feb 2026R464.3bR898.2bR22.3b20.8x20.9x0.5x
Tue, 06 Jan 2026R463.5bR898.2bR22.3b22.2x20.8x0.5x
Thu, 04 Dec 2025R472.2bR917.8bR23.0b20.1x20.5x0.5x
Sat, 01 Nov 2025R495.0bR918.0bR23.0b21.2x21.5x0.5x
Mon, 29 Sep 2025R475.7bR909.7bR22.3b20.2x21.3x0.5x
Wed, 27 Aug 2025R497.6bR903.4bR21.6b20.9x23x0.6x
Fri, 25 Jul 2025R483.4bR903.4bR21.6b21.2x22.4x0.5x
Sun, 22 Jun 2025R489.1bR903.4bR21.6b21.6x22.6x0.5x
Tue, 20 May 2025R502.3bR899.2bR18.9b21x26.6x0.6x
Thu, 17 Apr 2025R496.7bR897.6bR18.9b21.2x26.2x0.6x
Sat, 15 Mar 2025R477.9bR896.2bR18.8b20.9x25.5x0.5x
Mon, 10 Feb 2025R509.5bR880.8bR18.5b20.8x27.5x0.6x
Wed, 08 Jan 2025R519.2bR880.8bR18.5b21x28x0.6x
Fri, 06 Dec 2024R530.1bR880.8bR18.5b21x28.6x0.6x
Sun, 03 Nov 2024R476.7bR844.6bR15.8b27.5x30.1x0.6x
Tue, 01 Oct 2024R466.0bR723.6bR19.0b28.8x24.5x0.6x
Thu, 29 Aug 2024R460.4bR705.2bR18.4b28.6x25.1x0.7x
Sat, 27 Jul 2024R447.6bR705.2bR18.4b27.6x24.4x0.6x
Mon, 24 Jun 2024R436.7bR705.2bR18.4b27.3x23.8x0.6x
Wed, 22 May 2024R419.8bR809.0bR18.5b26.6x22.7x0.5x
Fri, 19 Apr 2024R390.8bR807.2bR18.3b26.8x21.3x0.5x
Sun, 17 Mar 2024R418.5bR807.2bR18.3b28.4x22.8x0.5x
Tue, 13 Feb 2024R426.3bR770.4bR17.6b28.4x24.2x0.6x
Thu, 11 Jan 2024R440.5bR848.7bR15.9b28.6x27.8x0.5x
Sat, 09 Dec 2023R427.8bR848.7bR15.9b28.3x27x0.5x
Mon, 06 Nov 2023R414.0bR838.5bR17.3b21.7x24x0.5x
Wed, 04 Oct 2023R403.1bR832.4bR18.4b20.2x21.9x0.5x
Fri, 01 Sep 2023R424.5bR816.8bR18.4b20.5x23.1x0.5x
Sun, 30 Jul 2023R425.2bR787.7bR17.4b22.1x24.5x0.5x
Tue, 27 Jun 2023R397.9bR787.7bR17.4b19.5x22.9x0.5x
Thu, 25 May 2023R383.2bR782.4bR17.7b17.5x21.6x0.5x
Sat, 22 Apr 2023R405.9bR772.7bR18.0b19.1x22.6x0.5x
Mon, 20 Mar 2023R389.5bR772.7bR18.0b18.7x21.6x0.5x
Wed, 15 Feb 2023R414.6bR737.3bR16.4b22x25.3x0.6x
Price to Earnings Ratio

25.3x


Total Market Cap: R414.6bTotal 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 24x202420252026
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 24.0x.
  • 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 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 Market-0.47%
Consumer Staples1.87%
Food and Staples Retail1.19%
Food Distributors5.52%
Big Box Super Stores0%0
Drug Retail-0.16%
Food Retail-1.42%
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 10.9%, 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 close to its 3-year average of 19.6x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 16% 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 10% 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
BID BidR429.506.2%
+R8.5b		-9.8%PE17.7x
CLS Clicks GroupR325.600.04%
+R28.2m		-8.2%PE23.6x
KAL KAL GroupR48.980.4%
+R12.7m		5.3%PE8.6x

Latest News

PIK
R22.96
Pick n Pay Stores
7D
-4.6%
1Y
-23.8%

Investors Appear Satisfied With Pick n Pay Stores Limited's (JSE:PIK) Prospects

Feb 07
Investors Appear Satisfied With Pick n Pay Stores Limited's (JSE:PIK) Prospects
DCP
R36.02
Dis-Chem Pharmacies
7D
-0.6%
1Y
4.9%
KAL
R48.98
KAL Group
7D
0.4%
1Y
5.3%
SHP
R264.03
Shoprite Holdings
7D
-0.9%
1Y
-6.0%
CLS
R325.60
Clicks Group
7D
0.04%
1Y
-8.2%
SPP
R88.56
SPAR Group
7D
-0.1%
1Y
-39.3%

SPP: Higher Discount Rate Will Still Support Attractive Long Term Returns

Analysts have adjusted their price target on SPAR Group to $145.50 from $171.00, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News SPAR Group issued earnings guidance for the 52 weeks ending 26 September 2025, giving investors a fresh reference point for its expected performance over that period (company guidance).
BOX
R71.96
Boxer Retail
7D
-2.2%
1Y
10.5%

Boxer Retail (JSE:BOX) Looks To Prolong Its Impressive Returns

Jan 13
Boxer Retail (JSE:BOX) Looks To Prolong Its Impressive Returns
BID
R429.50
Bid
7D
6.2%
1Y
-9.8%