| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
CLS Overview
Clicks Group Limited operates as a health and beauty retailer, and pharmaceutical distributor and wholesaler primarily in South Africa.
Rewards
Risk Analysis
No risks detected for CLS from our risk checks.
Clicks Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R270.50 |
| 52 Week High | R220.16 |
| 52 Week Low | R311.63 |
| Beta | 0.045 |
| 1 Month Change | -11.96% |
| 3 Month Change | 2.56% |
| 1 Year Change | 19.43% |
| 3 Year Change | 55.46% |
| 5 Year Change | 119.99% |
| Change since IPO | 6,925.97% |
Recent News & Updates
Shareholder Returns
| CLS | ZA Consumer Retailing | ZA Market | |
|---|---|---|---|
| 7D | -0.5% | 2.7% | 0.9% |
| 1Y | 19.4% | 29.7% | 19.9% |
Return vs Industry: CLS underperformed the ZA Consumer Retailing industry which returned 29.7% over the past year.
Return vs Market: CLS matched the ZA Market which returned 19.9% over the past year.
Price Volatility
| CLS volatility | |
|---|---|
| CLS Beta | 0.045 |
| Industry Beta | 0.58 |
| Market Beta | 1 |
Stable Share Price: CLS is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CLS's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1968 | 15,629 | Vikesh Ramsunder | https://www.clicksgroup.co.za |
Clicks Group Limited operates as a health and beauty retailer, and pharmaceutical distributor and wholesaler primarily in South Africa. The company operates in two segments, Retail and Distribution. It retails pharmacy, health and beauty through approximately 740 stores, and 580 in-store pharmacies for the middle to upper income markets under the Clicks name.
Clicks Group Fundamentals Summary
| CLS fundamental statistics | |
|---|---|
| Market Cap | R66.42b |
| Earnings (TTM) | R1.92b |
| Revenue (TTM) | R35.64b |
34.6x
P/E Ratio1.9x
P/S RatioIs CLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CLS income statement (TTM) | |
|---|---|
| Revenue | R35.64b |
| Cost of Revenue | R28.29b |
| Gross Profit | R7.35b |
| Expenses | R5.43b |
| Earnings | R1.92b |
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
Oct 21, 2021
| Earnings per share (EPS) | 7.83 |
| Gross Margin | 20.63% |
| Net Profit Margin | 5.39% |
| Debt/Equity Ratio | 0% |
How did CLS perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield58%
Payout RatioValuation
Is Clicks Group undervalued compared to its fair value and its price relative to the market?
5.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CLS (ZAR270.5) is trading below our estimate of fair value (ZAR285.86)
Significantly Below Fair Value: CLS is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: CLS is poor value based on its PE Ratio (34.6x) compared to the ZA Consumer Retailing industry average (29.9x).
PE vs Market: CLS is poor value based on its PE Ratio (34.6x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: CLS is poor value based on its PEG Ratio (2.2x)
Price to Book Ratio
PB vs Industry: CLS is overvalued based on its PB Ratio (15.3x) compared to the ZA Consumer Retailing industry average (6.3x).
Future Growth
How is Clicks Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
15.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CLS's forecast earnings growth (15.6% per year) is above the savings rate (8.8%).
Earnings vs Market: CLS's earnings (15.6% per year) are forecast to grow faster than the ZA market (12.2% per year).
High Growth Earnings: CLS's earnings are forecast to grow, but not significantly.
Revenue vs Market: CLS's revenue (9.1% per year) is forecast to grow faster than the ZA market (6.3% per year).
High Growth Revenue: CLS's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CLS's Return on Equity is forecast to be high in 3 years time (35.9%)
Past Performance
How has Clicks Group performed over the past 5 years?
13.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CLS has high quality earnings.
Growing Profit Margin: CLS's current net profit margins (5.4%) are lower than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: CLS's earnings have grown by 13% per year over the past 5 years.
Accelerating Growth: CLS's earnings growth over the past year (8.1%) is below its 5-year average (13% per year).
Earnings vs Industry: CLS earnings growth over the past year (8.1%) underperformed the Consumer Retailing industry 11.8%.
Return on Equity
High ROE: CLS's Return on Equity (44.3%) is considered outstanding.
Financial Health
How is Clicks Group's financial position?
Financial Position Analysis
Short Term Liabilities: CLS's short term assets (ZAR10.4B) exceed its short term liabilities (ZAR9.6B).
Long Term Liabilities: CLS's short term assets (ZAR10.4B) exceed its long term liabilities (ZAR2.1B).
Debt to Equity History and Analysis
Debt Level: CLS is debt free.
Reducing Debt: CLS has no debt compared to 5 years ago when its debt to equity ratio was 10.5%.
Debt Coverage: CLS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CLS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Clicks Group current dividend yield, its reliability and sustainability?
1.66%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CLS's dividend (1.66%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.08%).
High Dividend: CLS's dividend (1.66%) is low compared to the top 25% of dividend payers in the ZA market (8.02%).
Stability and Growth of Payments
Stable Dividend: CLS's dividends per share have been stable in the past 10 years.
Growing Dividend: CLS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.2%), CLS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CLS's dividends in 3 years are forecast to be covered by earnings (65.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.8yrs
Average management tenure
CEO
Vikesh Ramsunder (50 yo)
2.75yrs
Tenure
R32,135,000
Compensation
Mr. Vikesh Ramsunder, B.Com, MBL, has been the Chief Executive Officer and Executive Director at Clicks Group Limited since January 1, 2019. Mr. Ramsunder served as the Chief Operating Officer of the Click...
CEO Compensation Analysis
Compensation vs Market: Vikesh's total compensation ($USD2.20M) is above average for companies of similar size in the ZA market ($USD1.27M).
Compensation vs Earnings: Vikesh's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: CLS's management team is considered experienced (3.8 years average tenure).
Board Members
Experienced Board: CLS's board of directors are seasoned and experienced ( 12.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Clicks Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Clicks Group Limited
- Ticker: CLS
- Exchange: JSE
- Founded: 1968
- Industry: Drug Retail
- Sector: Consumer Retailing
- Market Cap: R66.423b
- Shares outstanding: 245.56m
- Website: https://www.clicksgroup.co.za
Number of Employees
Location
- Clicks Group Limited
- Cnr Searle and Pontac Streets
- Cape Town
- Western Cape
- 8001
- South Africa
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 20:57 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/02/28 |
| Annual Earnings | 2020/08/31 |
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.