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South African (JSE) Food Retail Industry Analysis

UpdatedAug 13, 2026
DataAggregated Company Financials
Companies4
  • 7D6.1%
  • 3M1.4%
  • 1Y10.9%
  • YTDn/a

Over the last 7 days, the Food Retail industry has risen 6.1%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 11%. As for the next few years, earnings are expected to grow by 15% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Aug 2026R220.2bR452.6bR8.9b22.1x24.9x0.5x
Sat, 11 Jul 2026R207.4bR452.6bR8.9b20.3x23.4x0.5x
Mon, 08 Jun 2026R206.7bR452.6bR8.9b20.4x23.3x0.5x
Wed, 06 May 2026R206.2bR451.7bR8.9b20.4x23.1x0.5x
Fri, 03 Apr 2026R199.5bR451.7bR8.9b19.7x22.3x0.4x
Sun, 01 Mar 2026R192.5bR442.5bR8.8b19.3x21.9x0.4x
Tue, 27 Jan 2026R199.5bR442.5bR8.8b19.5x22.7x0.5x
Thu, 25 Dec 2025R199.3bR442.5bR8.8b19.7x22.7x0.5x
Sat, 22 Nov 2025R202.3bR442.7bR8.8b20x23.1x0.5x
Mon, 20 Oct 2025R217.0bR439.8bR8.4b21x25.7x0.5x
Wed, 17 Sep 2025R206.7bR437.1bR8.4b20.9x24.5x0.5x
Fri, 15 Aug 2025R198.7bR436.3bR7.9b21.1x25x0.5x
Sun, 13 Jul 2025R201.9bR436.3bR7.9b21.3x25.4x0.5x
Tue, 10 Jun 2025R205.1bR436.3bR7.9b21x25.8x0.5x
Thu, 08 May 2025R208.7bR430.4bR5.3b21.8x39.5x0.5x
Sat, 05 Apr 2025R184.8bR430.4bR5.3b19.6x34.9x0.4x
Mon, 03 Mar 2025R204.0bR419.2bR5.0b21.3x41.2x0.5x
Wed, 29 Jan 2025R210.9bR419.2bR5.0b21.3x42.6x0.5x
Fri, 27 Dec 2024R219.8bR419.2bR5.0b20.5x44.4x0.5x
Sun, 24 Nov 2024R191.3bR380.3bR3.6b16.6x53.6x0.5x
Tue, 22 Oct 2024R157.8bR263.1bR7.0b15.8x22.5x0.6x
Thu, 19 Sep 2024R167.7bR263.1bR7.0b16.5x23.9x0.6x
Sat, 17 Aug 2024R170.1bR252.1bR6.9b16.7x24.6x0.7x
Mon, 15 Jul 2024R161.5bR252.1bR6.9b16x23.4x0.6x
Wed, 12 Jun 2024R137.9bR252.1bR6.9b14x20x0.5x
Fri, 10 May 2024R152.2bR363.7bR7.1b21.5x21.6x0.4x
Sun, 07 Apr 2024R145.3bR363.7bR7.0b20.6x20.6x0.4x
Tue, 05 Mar 2024R153.1bR348.9bR6.9b22.3x22.3x0.4x
Thu, 01 Feb 2024R161.7bR348.9bR6.9b23.4x23.5x0.5x
Sat, 30 Dec 2023R163.4bR348.9bR6.9b23.7x23.8x0.5x
Mon, 27 Nov 2023R156.0bR348.9bR6.9b22.4x22.7x0.4x
Wed, 25 Oct 2023R144.1bR344.1bR7.9b10.8x18.3x0.4x
Fri, 22 Sep 2023R150.5bR344.1bR7.9b13.7x19.1x0.4x
Sun, 20 Aug 2023R155.7bR328.5bR7.8b13.5x19.9x0.5x
Price to Earnings Ratio

19.9x


Total Market Cap: R155.7bTotal 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 relatively neutral on the South African Food Retail industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio 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 Market-0.75%
Consumer Staples1.14%
Food and Staples Retail1.93%
Food Retail6.12%
Big Box Super Stores0%0
Food Distributors-1.17%
Drug Retail-3.06%
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
SHP Shoprite HoldingsR311.809.1%
+R14.0b		15.7%PE22.3x
BOX Boxer RetailR79.992.3%
+R814.8m		19.2%PE23.3x
PIK Pick n Pay StoresR19.110.05%
+R7.3m		-28.4%PS0.1x
KAL KAL GroupR50.100.2%
+R6.4m		23.0%PE7.3x

Latest News

SHP
R311.80
Shoprite Holdings
7D
9.1%
1Y
15.7%
PIK
R19.11
Pick n Pay Stores
7D
0.05%
1Y
-28.4%
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
R79.99
Boxer Retail
7D
2.3%
1Y
19.2%
KAL
R50.10
KAL Group
7D
0.2%
1Y
23.0%