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South African (JSE) Food Retail Industry Analysis

UpdatedAug 25, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.8%
  • 3M-1.4%
  • 1Y6.5%
  • YTDn/a

Over the last 7 days, the Food Retail industry has dropped 4.2%, driven by a pullback from Shoprite Holdings of 4.0%. This takes the industry's 12 month performance to a gain of 5.4%. 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, 25 Aug 2026R212.9bR452.6bR8.9b21.4x24x0.5x
Thu, 23 Jul 2026R202.3bR452.6bR8.9b19.9x22.8x0.4x
Sat, 20 Jun 2026R219.2bR452.6bR8.9b21.4x24.7x0.5x
Mon, 18 May 2026R217.2bR453.8bR9.2b21x23.7x0.5x
Wed, 15 Apr 2026R203.0bR451.7bR8.9b20.2x22.7x0.4x
Fri, 13 Mar 2026R187.6bR451.7bR8.9b18.5x21x0.4x
Sun, 08 Feb 2026R195.6bR442.5bR8.8b19.3x22.3x0.4x
Tue, 06 Jan 2026R198.8bR442.5bR8.8b19.7x22.6x0.4x
Thu, 04 Dec 2025R203.3bR442.5bR8.8b20.1x23.1x0.5x
Sat, 01 Nov 2025R215.1bR442.7bR8.8b21.2x24.5x0.5x
Mon, 29 Sep 2025R199.0bR437.1bR8.4b20.2x23.6x0.5x
Wed, 27 Aug 2025R200.0bR436.3bR7.9b20.9x25.2x0.5x
Fri, 25 Jul 2025R199.6bR436.3bR7.9b21.2x25.2x0.5x
Sun, 22 Jun 2025R201.4bR436.3bR7.9b21.6x25.4x0.5x
Tue, 20 May 2025R202.1bR432.0bR5.2b21x38.7x0.5x
Thu, 17 Apr 2025R205.3bR430.4bR5.3b21.2x38.8x0.5x
Sat, 15 Mar 2025R202.7bR430.4bR5.3b20.9x38.3x0.5x
Mon, 10 Feb 2025R208.0bR419.2bR5.0b20.8x42x0.5x
Wed, 08 Jan 2025R221.9bR419.2bR5.0b21x44.8x0.5x
Fri, 06 Dec 2024R222.8bR419.2bR5.0b21x45x0.5x
Sun, 03 Nov 2024R188.1bR380.3bR3.6b16.7x52.7x0.5x
Tue, 01 Oct 2024R164.4bR263.1bR7.0b16.2x23.4x0.6x
Thu, 29 Aug 2024R170.9bR252.1bR6.9b16.8x24.7x0.7x
Sat, 27 Jul 2024R163.7bR252.1bR6.9b16.1x23.7x0.6x
Mon, 24 Jun 2024R162.7bR252.1bR6.9b16x23.6x0.6x
Wed, 22 May 2024R156.6bR363.7bR7.1b22.1x22.2x0.4x
Fri, 19 Apr 2024R139.2bR363.7bR7.0b19.7x19.8x0.4x
Sun, 17 Mar 2024R148.6bR363.7bR7.0b21.3x21.1x0.4x
Tue, 13 Feb 2024R156.6bR348.9bR6.9b22.4x22.8x0.4x
Thu, 11 Jan 2024R161.4bR348.9bR6.9b23.5x23.5x0.5x
Sat, 09 Dec 2023R154.9bR348.9bR6.9b22.4x22.5x0.4x
Mon, 06 Nov 2023R151.3bR347.1bR6.9b21.7x22.1x0.4x
Wed, 04 Oct 2023R146.3bR344.1bR7.9b12.6x18.6x0.4x
Fri, 01 Sep 2023R162.6bR328.5bR7.8b14.3x20.8x0.5x
Price to Earnings Ratio

20.8x


Total Market Cap: R162.6bTotal 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 23.9x 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 Market1.03%
Consumer Staples-2.51%
Food and Staples Retail-2.56%
Food Retail-2.83%
Big Box Super Stores0%0
Food Distributors-1.71%
Drug Retail-3.54%
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
No data available

Latest News

PIK
R18.83
Pick n Pay Stores
7D
-2.6%
1Y
-32.5%
Narrative Update • Aug 20

PIK: Lower Future P/E Will Limit Returns Despite CFO Succession Plans

Analysts have lowered their Pick n Pay Stores price target from ZAR18.30 to ZAR16.00, reflecting updated assumptions on discount rates, revenue growth, profit margins and future P/E expectations. What’s in the News for Pick n Pay Stores Pick n Pay Stores announced that Chief Finance Officer Lerena Olivier plans to retire with effect from 6 August 2026, following the conclusion of the 2026 Annual General Meeting.
SHP
R298.52
Shoprite Holdings
7D
-2.8%
1Y
11.5%
BOX
R75.45
Boxer Retail
7D
-3.4%
1Y
7.4%
KAL
R50.00
KAL Group
7D
-0.2%
1Y
19.0%