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South African (JSE) Food Retail Industry Analysis

UpdatedAug 11, 2026
DataAggregated Company Financials
Companies4
  • 7D0.5%
  • 3M-1.8%
  • 1Y6.0%
  • YTDn/a

Over the last 7 days, the Food Retail industry has remained flat. The past year has been better, since the industry has gained 6.0% in that time. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 11 Aug 2026R207.7bR452.6bR8.9b20.5x23.4x0.5x
Thu, 09 Jul 2026R207.9bR452.6bR8.9b20.3x23.5x0.5x
Sat, 06 Jun 2026R206.7bR452.6bR8.9b20.4x23.3x0.5x
Mon, 04 May 2026R205.6bR451.7bR8.9b20.1x23x0.5x
Wed, 01 Apr 2026R200.3bR451.7bR8.9b19.8x22.4x0.4x
Fri, 27 Feb 2026R194.0bR442.5bR8.8b19.5x22.1x0.4x
Sun, 25 Jan 2026R200.2bR442.5bR8.8b19.6x22.8x0.5x
Tue, 23 Dec 2025R197.0bR442.5bR8.8b19.5x22.4x0.4x
Thu, 20 Nov 2025R205.4bR442.7bR8.8b20.3x23.4x0.5x
Sat, 18 Oct 2025R217.0bR439.8bR8.4b21x25.7x0.5x
Mon, 15 Sep 2025R209.1bR437.1bR8.4b21.1x24.8x0.5x
Wed, 13 Aug 2025R199.8bR436.3bR7.9b21.2x25.2x0.5x
Fri, 11 Jul 2025R205.4bR436.3bR7.9b21.8x25.9x0.5x
Sun, 08 Jun 2025R205.1bR436.3bR7.9b21.1x25.8x0.5x
Tue, 06 May 2025R210.2bR430.4bR5.3b22.2x39.8x0.5x
Thu, 03 Apr 2025R198.4bR430.4bR5.3b20.8x37.5x0.5x
Sat, 01 Mar 2025R204.9bR419.2bR5.0b21.3x41.4x0.5x
Mon, 27 Jan 2025R211.4bR419.2bR5.0b21.1x42.7x0.5x
Wed, 25 Dec 2024R219.8bR419.2bR5.0b20.5x44.4x0.5x
Fri, 22 Nov 2024R192.0bR380.3bR3.6b16.7x53.8x0.5x
Sun, 20 Oct 2024R158.9bR263.1bR7.0b15.8x22.7x0.6x
Tue, 17 Sep 2024R165.6bR263.1bR7.0b16.4x23.6x0.6x
Thu, 15 Aug 2024R167.2bR252.1bR6.9b16.4x24.2x0.7x
Sat, 13 Jul 2024R161.5bR252.1bR6.9b16x23.4x0.6x
Mon, 10 Jun 2024R139.8bR252.1bR6.9b14.3x20.2x0.6x
Wed, 08 May 2024R151.8bR363.7bR7.0b21.5x21.6x0.4x
Fri, 05 Apr 2024R147.5bR363.7bR7.0b21x21x0.4x
Sun, 03 Mar 2024R153.2bR348.9bR6.9b22.3x22.3x0.4x
Tue, 30 Jan 2024R157.2bR348.9bR6.9b22.7x22.9x0.5x
Thu, 28 Dec 2023R163.0bR348.9bR6.9b23.6x23.7x0.5x
Sat, 25 Nov 2023R156.0bR348.9bR6.9b22.4x22.7x0.4x
Mon, 23 Oct 2023R141.2bR344.1bR7.9b10.3x17.9x0.4x
Wed, 20 Sep 2023R151.5bR344.1bR7.9b13.7x19.2x0.4x
Fri, 18 Aug 2023R157.4bR328.5bR7.8b13.8x20.1x0.5x
Price to Earnings Ratio

20.1x


Total Market Cap: R157.4bTotal Earnings: R7.8bTotal Revenue: R328.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food Retail Industry Price to Earnings3Y Average 26.8x202420252026
Current Industry PE
  • Investors are pessimistic on the South African Food Retail 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 23.4x 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 0.48x.
Past Earnings Growth
  • The earnings for companies in the Food Retail industry have grown 4.2% per year over the last three years.
  • Revenues for these companies have grown 11% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does South African Food Retail compare with similar industries?

ZA Market3.58%
Consumer Staples-0.31%
Food and Staples Retail-0.69%
Food Retail0.49%
Big Box Super Stores0%0
Drug Retail-1.20%
Food Distributors-1.99%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BOX Boxer RetailR79.321.7%
+R597.5m		16.4%PE23.1x
PIK Pick n Pay StoresR19.343.0%
+R411.3m		-28.2%PS0.1x

Latest News

PIK
R19.34
Pick n Pay Stores
7D
3.0%
1Y
-28.2%
Narrative Update • Aug 06

nan

Analysts have trimmed their price target for Pick n Pay Stores from ZAR37.00 to about ZAR33.95, reflecting updated assumptions that combine a slightly different discount rate and revenue outlook with a lower profit margin and a higher future P/E multiple. What’s in the News for Pick n Pay Stores No recent Pick n Pay Stores specific news has been provided in the sources listed above as of 6 August 2026.
BOX
R79.32
Boxer Retail
7D
1.7%
1Y
16.4%
SHP
R284.52
Shoprite Holdings
7D
-1.0%
1Y
5.2%
KAL
R49.52
KAL Group
7D
-2.9%
1Y
22.4%