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The SPAR Group Ltd Stock Price

JSE:SPP Community·R9.1b Market Cap
  • 3 Narratives written by author
  • 0 Comments on narratives written by author
  • 27 Fair Values set on narratives written by author

SPP Share Price Performance

R47.18
-61.02 (-56.40%)
R75.04
Fair Value
R47.18
-61.02 (-56.40%)
37.1% undervalued intrinsic discount
R75.04
Fair Value
Price R47.18
AnalystConsensusTarget R75.04
AnalystHighTarget R118.00
AnalystLowTarget R52.00

SPP Community Narratives

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Fair Value R75.04 37.1% undervalued intrinsic discount

SPP: Operational Efficiencies And company2U Expansion Will Strengthen Future Performance

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·
Fair Value R118 60.0% undervalued intrinsic discount

SAP Rollout And Uber Eats Integration Will Drive Urban Growth

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·
Fair Value R52 9.3% undervalued intrinsic discount

Declining Footfall And European Losses Will Squeeze Retail Margins

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R118
60.0% undervalued intrinsic discount
Revenue
4.72% p.a.
Profit Margin
1.9%
Future PE
13.53x
Price in 2029
R204.79
R52
9.3% undervalued intrinsic discount
Revenue
2.93% p.a.
Profit Margin
1.06%
Future PE
11.35x
Price in 2029
R89.45

Trending Discussion

Updated Narratives

SPP logo

SPP: Higher Required Returns And EPS Outlook Will Support Share Price Rebound

Fair Value: R75.04 37.1% undervalued intrinsic discount
15 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SPP logo

SPP: Higher Margin Outlook And EPS Guidance Will Support Long-Term Upside

Fair Value: R118 60.0% undervalued intrinsic discount
2 users have set this as their fair value
0 users have commented on this narrative
0 users have liked this narrative
SPP logo

SPP: Earnings Guidance And Margin Assumptions Will Shape Measured Upside Potential

Fair Value: R52 9.3% undervalued intrinsic discount
0 users have set this as their fair value
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Snowflake Analysis

Moderate growth potential with low risk.

3 Risks
1 Reward

The SPAR Group Ltd Key Details

R133.8b

Revenue

R119.5b

Cost of Revenue

R14.3b

Gross Profit

R13.9b

Other Expenses

R343.4m

Earnings

Last Reported Earnings
Mar 27, 2026
Next Reporting Earnings
n/a
1.78
10.66%
0.26%
155.7%
View Full Analysis

About SPP

Founded
1932
Employees
n/a
CEO
Moegamat Isaacs
WebsiteView website
www.spar.co.za

The SPAR Group Ltd engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally. The company offers fresh produce, in-store bakery, butchery, deli, ready-to-eat meals, home-meal replacements, groceries, general merchandise, baked foods, liquor products, building and hardware products, coffee, dispensary and health-related products, confectionery, health and beauty, frozen foods, catering products, wines, and non-food items. The SPAR Group Ltd operates stores under the SUPERSPAR, SPAR, KWIKSPAR, SPAR EXPRESS, PHARMACY at SPAR, TOPS at SPAR, and SAVEMOR brands. The company was founded in 1932 and is headquartered in Pinetown, South Africa.

Recent SPP News & Updates

Narrative Update Jul 09

SPP: Higher Required Returns And EPS Outlook Will Support Share Price Rebound

Analysts have revised their price target on SPAR Group from ZAR101.75 to ZAR75.04, reflecting updated views on fair value, discount rate assumptions, revenue growth, profit margin expectations, and a lower future P/E multiple. What’s in the News for SPAR Group SPAR Group issued earnings guidance for the 26 weeks ended 27 September 2026, indicating expected EPS in the range of ZAR0.70 to ZAR0.80 per share.
Narrative Update Jun 25

SPP: Higher Margin Outlook And EPS Guidance Will Support Long-Term Upside

The latest Narrative Update on SPAR Group reflects a lower analyst price target from ZAR146.00 to ZAR118.00. Analysts cited adjustments to fair value assumptions, a slightly higher discount rate, modestly different revenue growth expectations, a revised profit margin outlook, and a lower future P/E multiple.

Recent updates

No updates