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South African (JSE) Food and Staples Retail Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies6
  • 7D-3.2%
  • 3M-3.2%
  • 1Y13.3%
  • YTD-5.7%

Over the last 7 days, the Food and Staples Retail industry has dropped 3.2%, driven by Shoprite Holdings declining 5.8%. In the past year, the industry has gained 13%. 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
Sat, 01 Jun 2024R396.0bR697.5bR18.3b23.8x21.6x0.6x
Mon, 29 Apr 2024R403.9bR809.0bR18.5b25.6x21.9x0.5x
Wed, 27 Mar 2024R418.5bR807.2bR18.3b28x22.8x0.5x
Fri, 23 Feb 2024R431.5bR792.4bR18.2b27.9x23.7x0.5x
Sun, 21 Jan 2024R440.5bR848.7bR15.9b28x27.8x0.5x
Tue, 19 Dec 2023R438.8bR848.7bR15.9b27.6x27.7x0.5x
Thu, 16 Nov 2023R422.9bR838.5bR17.3b21.7x24.5x0.5x
Sat, 14 Oct 2023R403.3bR832.4bR18.4b20.3x21.9x0.5x
Mon, 11 Sep 2023R426.1bR832.4bR18.4b20x23.1x0.5x
Wed, 09 Aug 2023R425.7bR787.7bR17.4b22.2x24.5x0.5x
Fri, 07 Jul 2023R391.7bR787.7bR17.4b19.2x22.6x0.5x
Sun, 04 Jun 2023R379.0bR782.4bR17.7b17.3x21.4x0.5x
Tue, 02 May 2023R412.2bR773.1bR17.9b19.4x23x0.5x
Thu, 30 Mar 2023R405.1bR772.7bR18.0b19.5x22.5x0.5x
Sat, 25 Feb 2023R406.8bR757.4bR17.4b21.5x23.3x0.5x
Mon, 23 Jan 2023R413.3bR737.3bR16.4b23.1x25.2x0.6x
Wed, 21 Dec 2022R402.8bR737.3bR16.4b22.5x24.6x0.5x
Fri, 18 Nov 2022R405.1bR729.4bR16.5b20.8x24.6x0.6x
Sun, 16 Oct 2022R384.5bR721.9bR15.6b21x24.6x0.5x
Tue, 13 Sep 2022R410.6bR721.9bR15.6b22.1x26.3x0.6x
Thu, 11 Aug 2022R398.1bR692.1bR14.3b24.5x27.8x0.6x
Sat, 09 Jul 2022R380.1bR692.1bR14.3b22.6x26.6x0.5x
Mon, 06 Jun 2022R394.1bR688.8bR14.3b22.2x27.5x0.6x
Wed, 04 May 2022R408.8bR681.3bR13.8b25x29.5x0.6x
Fri, 01 Apr 2022R415.0bR681.3bR13.8b24.7x30x0.6x
Sun, 27 Feb 2022R401.5bR684.0bR13.3b26.7x30.3x0.6x
Tue, 25 Jan 2022R400.5bR673.0bR12.5b23.9x31.9x0.6x
Thu, 23 Dec 2021R396.9bR673.0bR12.5b24x31.7x0.6x
Sat, 20 Nov 2021R391.2bR671.8bR12.5b24.4x31.2x0.6x
Mon, 18 Oct 2021R385.6bR666.2bR12.5b28.8x30.8x0.6x
Wed, 15 Sep 2021R384.9bR665.0bR10.1b27.2x38.2x0.6x
Fri, 13 Aug 2021R362.0bR576.4bR11.7b28x30.9x0.6x
Tue, 08 Jun 2021R339.3bR568.9bR10.5b28.8x32.2x0.6x
Price to Earnings Ratio

32.2x


Total Market Cap: R339.3bTotal Earnings: R10.5bTotal Revenue: R568.9bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food and Staples Retail Industry Price to Earnings3Y Average 26.6x202220232024
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 21.6x which is lower than its 3-year average PE of 26.6x.
  • 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 20% 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 Market-4.28%
Consumer Staples-3.32%
Food and Staples Retail-3.22%
Food Distributors0.66%
Big Box Super Stores0%
Drug Retail-5.61%
Food Retail-5.71%
Industry PE
  • Investors are most optimistic about the Drug Retail industry even though it's trading below its 3-year average PE ratio of 30.5x.
    • Analysts are expecting annual earnings growth of 12.9%, which is higher than its past year's earnings decline of 5.4% per year.
  • Investors are most pessimistic about the Food Retail industry, which is trading close to its 3-year average of 21.3x.
Forecasted Growth
  • Analysts are most optimistic on the Food Distributors industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings decline of 27% per year.
  • In contrast, the Food 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
BID BidR415.840.4%
+R597.0m		-2.5%PE18.7x
SPP SPAR GroupR103.982.3%
+R441.0m		10.3%PE49.9x
PIK Pick n Pay StoresR24.843.5%
+R405.4m		-22.9%PS0.1x
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Latest News

KAL

R47.50

KAL Group

7D

-1.0%

1Y

31.0%

PIK

R24.84

Pick n Pay Stores

7D

3.5%

1Y

-22.9%

SHP

R249.69

Shoprite Holdings

7D

-5.8%

1Y

25.3%

BID

R415.84

Bid

7D

0.4%

1Y

-2.5%

We Ran A Stock Scan For Earnings Growth And Bid (JSE:BID) Passed With Ease

May 21
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CLS

R295.76

Clicks Group

7D

-4.6%

1Y

22.1%

DCP

R31.28

Dis-Chem Pharmacies

7D

-8.2%

1Y

36.4%

SPP

R103.98

SPAR Group

7D

2.3%

1Y

10.3%