SPINNEYS Stock Overview

Through its subsidiaries, engages in the operation of grocery retail supermarkets under the Spinneys, Waitrose, and Al Fair brands in the United Arab Emirates, Oman, and internationally. More details

SPINNEYS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 20.3% below our estimate of its fair value

Revenue is forecast to grow 11.9% per year

Revenue grew by 10.5% over the past year

Risk Analysis

Large one-off items impacting financial results

My Notes

Capture your thoughts, links and company narrative

Spinneys 1961 Holding plc Competitors

Union Coop

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Dubai Refreshment (P.J.S.C.)

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د.إ1.6b

Lulu Retail Holdings

ADX:LULU

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Ghitha Holding P.J.S.C

ADX:GHITHA

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Price History & Performance

Summary of share price highs, lows and changes for Spinneys 1961 Holding
Historical stock prices
Current Share Price	د.إ1.56
52 Week High	د.إ1.70
52 Week Low	د.إ1.36
Beta	0
1 Month Change	1.30%
3 Month Change	-2.50%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-2.50%

Recent updates

Shareholder Returns

	SPINNEYS	AE Consumer Retailing	AE Market
7D	1.3%	-3.2%	1.2%
1Y	n/a	-0.1%	2.7%

Return vs Industry: Insufficient data to determine how SPINNEYS performed against the AE Consumer Retailing industry.

Return vs Market: Insufficient data to determine how SPINNEYS performed against the AE Market.

Price Volatility

Is SPINNEYS's price volatile compared to industry and market?
SPINNEYS volatility
SPINNEYS Average Weekly Movement	2.5%
Consumer Retailing Industry Average Movement	4.2%
Market Average Movement	4.0%
10% most volatile stocks in AE Market	8.8%
10% least volatile stocks in AE Market	2.1%

Stable Share Price: SPINNEYS has not had significant price volatility in the past 3 months compared to the AE market.

Volatility Over Time: SPINNEYS's weekly volatility (2%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1924	4,216	Sunil Kumar	www.spinneys.com

Spinneys 1961 Holding plc, through its subsidiaries, engages in the operation of grocery retail supermarkets under the Spinneys, Waitrose, and Al Fair brands in the United Arab Emirates, Oman, and internationally. The company also engages in the trading and export of foodstuffs, grocery, and non-food products; wholesale of food stuff, groceries, and consumer products; production of bakery products; and processing of meat for supermarkets. In addition, the company produces and sells private label products under the SpinneysFOOD, SpinneysHOME, SpinneysWELLNESS, and Fine Food brand names, as well as offer products online.

Spinneys 1961 Holding plc Fundamentals Summary

How do Spinneys 1961 Holding's earnings and revenue compare to its market cap?
SPINNEYS fundamental statistics
Market cap	د.إ5.69b
Earnings (TTM)	د.إ288.82m
Revenue (TTM)	د.إ3.11b

19.4x

P/E Ratio

1.8x

P/S Ratio

Is SPINNEYS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SPINNEYS income statement (TTM)
Revenue	د.إ3.11b
Cost of Revenue	د.إ1.80b
Gross Profit	د.إ1.31b
Other Expenses	د.إ1.02b
Earnings	د.إ288.82m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.08
Gross Margin	42.06%
Net Profit Margin	9.30%
Debt/Equity Ratio	3.6%

How did SPINNEYS perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

12%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 13:12
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Spinneys 1961 Holding plc is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Ali Afifi	Arqaam Capital Research Offshore S.A.L.
Duaa AlFadda	BofA Global Research
Hatem Alaa	EFG-Hermes Research