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South African (JSE) Food and Staples Retail Industry Analysis

UpdatedJul 28, 2024
DataAggregated Company Financials
Companies6
  • 7D2.0%
  • 3M12.4%
  • 1Y13.8%
  • YTD6.6%

In the last week, the Food and Staples Retail industry is up 2.0%, with Shoprite Holdings up 2.3%. In the last 12 months, the industry was up 14%. 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
Sun, 28 Jul 2024R447.6bR705.2bR18.4b27.6x24.4x0.6x
Tue, 25 Jun 2024R429.8bR705.2bR18.4b26.4x23.4x0.6x
Thu, 23 May 2024R423.6bR809.0bR18.5b27.2x22.9x0.5x
Sat, 20 Apr 2024R390.8bR807.2bR18.3b26.8x21.3x0.5x
Mon, 18 Mar 2024R418.5bR807.2bR18.3b28.4x22.8x0.5x
Wed, 14 Feb 2024R422.3bR770.4bR17.6b27.8x24x0.5x
Fri, 12 Jan 2024R437.8bR848.7bR15.9b28.4x27.6x0.5x
Sun, 10 Dec 2023R427.8bR848.7bR15.9b28.3x27x0.5x
Tue, 07 Nov 2023R413.7bR838.5bR17.3b21.2x24x0.5x
Thu, 05 Oct 2023R403.1bR832.4bR18.4b20.1x21.9x0.5x
Sat, 02 Sep 2023R423.7bR816.8bR18.4b20.8x23.1x0.5x
Mon, 31 Jul 2023R425.2bR787.7bR17.4b22.1x24.5x0.5x
Wed, 28 Jun 2023R397.9bR787.7bR17.4b19.5x22.9x0.5x
Fri, 26 May 2023R383.2bR782.4bR17.7b17.5x21.6x0.5x
Sun, 23 Apr 2023R405.9bR773.1bR17.9b19.1x22.6x0.5x
Tue, 21 Mar 2023R389.4bR772.7bR18.0b18.7x21.6x0.5x
Thu, 16 Feb 2023R414.6bR737.3bR16.4b21.9x25.3x0.6x
Sat, 14 Jan 2023R416.6bR737.3bR16.4b23.2x25.4x0.6x
Mon, 12 Dec 2022R413.1bR737.3bR16.4b22.6x25.2x0.6x
Wed, 09 Nov 2022R406.6bR729.4bR16.5b20.9x24.7x0.6x
Fri, 07 Oct 2022R382.2bR721.9bR15.6b20.5x24.5x0.5x
Sun, 04 Sep 2022R413.1bR714.2bR15.2b24x27.2x0.6x
Tue, 02 Aug 2022R385.5bR692.1bR14.3b23.2x27x0.6x
Thu, 30 Jun 2022R377.4bR692.1bR14.3b22.8x26.4x0.5x
Sat, 28 May 2022R394.8bR688.8bR14.3b22x27.6x0.6x
Mon, 25 Apr 2022R422.8bR681.3bR13.8b26x30.5x0.6x
Wed, 23 Mar 2022R408.4bR681.3bR13.8b24.1x29.5x0.6x
Fri, 18 Feb 2022R415.9bR673.0bR12.5b26.7x33.2x0.6x
Sun, 16 Jan 2022R403.0bR673.0bR12.5b24.3x32.1x0.6x
Tue, 14 Dec 2021R394.1bR673.0bR12.5b23.9x31.4x0.6x
Thu, 11 Nov 2021R392.5bR672.6bR12.8b25.6x30.7x0.6x
Sat, 09 Oct 2021R381.4bR666.2bR12.5b28.8x30.4x0.6x
Mon, 06 Sep 2021R381.0bR665.0bR10.1b28.1x37.8x0.6x
Wed, 04 Aug 2021R350.9bR576.4bR11.7b24.9x30x0.6x
Price to Earnings Ratio

30x


Total Market Cap: R350.9bTotal Earnings: R11.7bTotal Revenue: R576.4bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food and Staples Retail Industry Price to Earnings3Y Average 26.2x202220232024
Current Industry PE
  • Investors are relatively neutral on the South African Consumer Retailing 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 26.2x.
  • 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 16% per year over the last three years.
  • Revenues for these companies have grown 7.0% 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 Market1.88%
Consumer Staples1.51%
Food and Staples Retail1.96%
Food Retail2.23%
Food Distributors1.89%
Drug Retail1.68%
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 30.3x.
    • Analysts are expecting annual earnings growth of 12.1%, which is higher than its past year's earnings growth of 0.6% per year.
  • Investors are most pessimistic about the Food Distributors industry, which is trading close to its 3-year average of 22.9x.
Forecasted Growth
  • Analysts are most optimistic on the Food Distributors industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is better than its past earnings decline of 28% per year.
  • In contrast, the Drug Retail industry is expected to see its earnings grow by 12% 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 HoldingsR294.852.3%
+R3.6b		15.0%PE24.8x
BID BidR443.081.6%
+R2.3b		5.5%PE19.9x
DCP Dis-Chem PharmaciesR35.663.3%
+R977.4m		38.8%PE31.1x
SPP SPAR GroupR125.143.9%
+R897.4m		15.9%PE71.2x
CLS Clicks GroupR338.861.1%
+R864.2m		19.7%PE30.4x
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Latest News

PIK

R23.76

Pick n Pay Stores

7D

2.0%

1Y

-37.9%

BID

R443.08

Bid

7D

1.6%

1Y

5.5%

Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

Jul 19
Earnings Not Telling The Story For Bid Corporation Limited (JSE:BID)

CLS

R338.86

Clicks Group

7D

1.1%

1Y

19.7%

DCP

R35.66

Dis-Chem Pharmacies

7D

3.3%

1Y

38.8%

KAL

R46.40

KAL Group

7D

-1.9%

1Y

24.8%

SHP

R294.85

Shoprite Holdings

7D

2.3%

1Y

15.0%

SPP

R125.14

SPAR Group

7D

3.9%

1Y

15.9%