SGPP.Y Stock Overview

Engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally. More details

SGPP.Y fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 57.3% below our estimate of its fair value

Earnings are forecast to grow 53.94% per year

Risk Analysis

Interest payments are not well covered by earnings

Shares are highly illiquid

Large one-off items impacting financial results

Profit margins (0.2%) are lower than last year (1.4%)

Community vs My Fair Value

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The SPAR Group Ltd Competitors

Andersons

NasdaqGS:ANDE

US$1.4b

Chefs' Warehouse

NasdaqGS:CHEF

US$2.1b

G. Willi-Food International

NasdaqCM:WILC

US$229.5m

Performance Food Group

NYSE:PFGC

US$12.1b

Price History & Performance

Summary of share price highs, lows and changes for SPAR Group
Historical stock prices
Current Share Price	R6.85
52 Week High	R7.13
52 Week Low	R6.01
Beta	0.15
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-54.09%

Recent updates

Shareholder Returns

	SGPP.Y	US Consumer Retailing	US Market
7D	0%	-9.9%	-4.1%
1Y	n/a	19.4%	6.6%

Return vs Industry: Insufficient data to determine how SGPP.Y performed against the US Consumer Retailing industry.

Return vs Market: Insufficient data to determine how SGPP.Y performed against the US Market.

Price Volatility

Is SGPP.Y's price volatile compared to industry and market?
SGPP.Y volatility
SGPP.Y Average Weekly Movement	n/a
Consumer Retailing Industry Average Movement	5.4%
Market Average Movement	6.4%
10% most volatile stocks in US Market	17.3%
10% least volatile stocks in US Market	3.4%

Stable Share Price: SGPP.Y's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine SGPP.Y's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1932	n/a	Angelo Swartz	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. It operates stores under the SUPERSPAR, SPAR, KWIKSPAR, SPAR EXPRESS, TOPS at SPAR, Buildit, PHARMACY at SPAR, EUROSPAR, MACE, XL, Londis, VALUE CENTRE, maxi, TopCC, and SAVEMOR brands.

The SPAR Group Ltd Fundamentals Summary

How do SPAR Group's earnings and revenue compare to its market cap?
SGPP.Y fundamental statistics
Market cap	US$1.42b
Earnings (TTM)	US$19.41m
Revenue (TTM)	US$8.89b

73.9x

P/E Ratio

0.2x

P/S Ratio

Is SGPP.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SGPP.Y income statement (TTM)
Revenue	R154.94b
Cost of Revenue	R136.37b
Gross Profit	R18.57b
Other Expenses	R18.23b
Earnings	R338.30m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Nov 28, 2024

Earnings per share (EPS)	1.76
Gross Margin	11.98%
Net Profit Margin	0.22%
Debt/Equity Ratio	119.2%

How did SGPP.Y perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/11/05 09:33
End of Day Share Price	2024/08/08 00:00
Earnings	2024/03/31
Annual Earnings	2023/09/30

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.

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 Github.

Analyst Sources

The SPAR Group Ltd is covered by 23 analysts. 7 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
Darren Cohn	Absa Bank Limited
Victor Dima	Arqaam Capital Research Offshore S.A.L.
Michael de Nobrega	Avior Capital Markets