Clicks Group Limited

JSE:CLS Stock Report

Market Cap: R61.4b

Clicks Group Management

Management criteria checks 4/4

Clicks Group's CEO is Bertina Engelbrecht, appointed in Jan 2022, has a tenure of 4.33 years. total yearly compensation is ZAR30.88M, comprised of 36.1% salary and 63.9% bonuses, including company stock and options. directly owns 0.044% of the company’s shares, worth ZAR27.16M. The average tenure of the management team and the board of directors is 2.5 years and 3.7 years respectively.

Key information

Bertina Engelbrecht

Chief executive officer

R30.9m

Total compensation

CEO salary percentage36.09%
CEO tenure4.3yrs
CEO ownership0.04%
Management average tenure2.5yrs
Board average tenure3.7yrs

Recent management updates

Increases to Clicks Group Limited's (JSE:CLS) CEO Compensation Might Cool off for now

Jan 23
Increases to Clicks Group Limited's (JSE:CLS) CEO Compensation Might Cool off for now

Recent updates

CLS: Dividend And Buyback Actions Will Support Future Upside Potential

Analysts have trimmed their price target for Clicks Group from ZAR410.00 to about ZAR382.25, reflecting updated assumptions around revenue growth, margins, and a lower future P/E multiple. What's in the News Clicks Group has approved an interim gross ordinary dividend of 258.0 cents per share for the period ended 28 February 2026.

CLS: Lower Margin Assumptions Will Still Support Future Upside Potential

Analysts have revised their price target for Clicks Group from ZAR430.25 to ZAR410.00, citing updated fair value assumptions, a slightly lower discount rate, and modest changes to expectations for revenue growth, profit margins, and future P/E ratios. Valuation Changes Fair Value: revised from ZAR430.25 to ZAR410.00, representing a small downward adjustment to the central value estimate.

If EPS Growth Is Important To You, Clicks Group (JSE:CLS) Presents An Opportunity

Feb 11
If EPS Growth Is Important To You, Clicks Group (JSE:CLS) Presents An Opportunity

Increases to Clicks Group Limited's (JSE:CLS) CEO Compensation Might Cool off for now

Jan 23
Increases to Clicks Group Limited's (JSE:CLS) CEO Compensation Might Cool off for now

CLS: Higher Dividend And Margin Assumptions Will Support Future Upside

Analysts have nudged their price target for Clicks Group higher from R423.14 to R430.25, citing modest adjustments to fair value assumptions along with updated views on revenue growth, profit margins and future P/E expectations. What's in the News Clicks Group Limited approved a final gross ordinary dividend for the period ended 31 August 2025 of 648.0 cents per share, with dividends tax of 20% resulting in a net dividend of 518.4 cents per share for ordinary shareholders who are not exempt from tax (Key Developments).

Risks To Shareholder Returns Are Elevated At These Prices For Clicks Group Limited (JSE:CLS)

Dec 09
Risks To Shareholder Returns Are Elevated At These Prices For Clicks Group Limited (JSE:CLS)

Clicks Group (JSE:CLS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.48

Nov 21
Clicks Group (JSE:CLS) Has Announced That It Will Be Increasing Its Dividend To ZAR6.48

The Strong Earnings Posted By Clicks Group (JSE:CLS) Are A Good Indication Of The Strength Of The Business

Oct 31
The Strong Earnings Posted By Clicks Group (JSE:CLS) Are A Good Indication Of The Strength Of The Business

Clicks Group (JSE:CLS) Is Increasing Its Dividend To ZAR6.48

Oct 29
Clicks Group (JSE:CLS) Is Increasing Its Dividend To ZAR6.48

Does Clicks Group (JSE:CLS) Deserve A Spot On Your Watchlist?

Aug 25
Does Clicks Group (JSE:CLS) Deserve A Spot On Your Watchlist?

Clicks Group Limited's (JSE:CLS) Business Is Trailing The Market But Its Shares Aren't

Aug 07
Clicks Group Limited's (JSE:CLS) Business Is Trailing The Market But Its Shares Aren't

Investors Shouldn't Overlook Clicks Group's (JSE:CLS) Impressive Returns On Capital

Jul 20
Investors Shouldn't Overlook Clicks Group's (JSE:CLS) Impressive Returns On Capital
User avatar

ClubCard Loyalty And UPD Innovations Will Propel Revenue Growth And Boost Profitability

Clicks Group's expansion plans and technology updates aim to drive revenue and improve operational efficiency, enhancing both market reach and net margins.

CEO Compensation Analysis

How has Bertina Engelbrecht's remuneration changed compared to Clicks Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 28 2026n/an/a

R3b

Nov 30 2025n/an/a

R3b

Aug 31 2025R31mR11m

R3b

May 31 2025n/an/a

R3b

Feb 28 2025n/an/a

R3b

Nov 30 2024n/an/a

R3b

Aug 31 2024R33mR10m

R3b

May 31 2024n/an/a

R3b

Feb 29 2024n/an/a

R3b

Nov 30 2023n/an/a

R3b

Aug 31 2023R19mR9m

R3b

May 31 2023n/an/a

R3b

Feb 28 2023n/an/a

R3b

Nov 30 2022n/an/a

R3b

Aug 31 2022R26mR8m

R3b

May 31 2022n/an/a

R2b

Feb 28 2022n/an/a

R2b

Nov 30 2021n/an/a

R2b

Aug 31 2021R20mR4m

R2b

Feb 28 2021n/an/a

R2b

Nov 30 2020n/an/a

R2b

Aug 31 2020R23mR4m

R2b

May 31 2020n/an/a

R2b

Feb 29 2020n/an/a

R2b

Nov 30 2019n/an/a

R2b

Aug 31 2019R18mR4m

R2b

Compensation vs Market: Bertina's total compensation ($USD1.85M) is about average for companies of similar size in the ZA market ($USD1.66M).

Compensation vs Earnings: Bertina's compensation has been consistent with company performance over the past year.


CEO

Bertina Engelbrecht (62 yo)

4.3yrs
Tenure
R30,878,000
Compensation

Ms. Bertina D. Engelbrecht, B.Proc, LLM, admitted attorney, serves as Chef Executive Officer of Clicks Group Limited since January 01, 2022 and serves as its Executive Director since March 1, 2008 and also...


Leadership Team

NamePositionTenureCompensationOwnership
Bertina Engelbrecht
CEO & Executive Director4.3yrsR30.88m0.044%
ZAR 27.2m
Gordon Traill
CFO, Chief Support Services Officer & Director3.3yrsR17.07m0.012%
ZAR 7.6m
Bridget Makhura
Chief people officer1.3yrsno datano data
Rachel Wrigglesworth
Chief Commercial Officerno datano datano data
Nina Hind
Head of Retail Financeno datano datano data
Annalize Barnard
Company Secretary1.6yrsno datano data
2.5yrs
Average Tenure
56.5yo
Average Age

Experienced Management: CLS's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Bertina Engelbrecht
CEO & Executive Director18.2yrsR30.88m0.044%
ZAR 27.2m
Gordon Traill
CFO, Chief Support Services Officer & Director3.3yrsR17.07m0.012%
ZAR 7.6m
Mfundiso Johnson Njeke
Independent Non-Executive Chairman6.2yrsR1.81mno data
Kandimathie Ramon
Independent Non-Executive Director3.3yrsR1.02mno data
Richard J. Inskip
Independent Non-Executive Director2.8yrsR828.00kno data
Sango Ntsaluba
Lead Independent Director4.7yrsR1.00m0.00021%
ZAR 129.0k
Nomgando Nomalungelo Matyumza
Independent Non-Executive Director3.7yrsR933.00kno data
Penelope Moumakwa
Independent Non-Executive Director5.1yrsR693.00kno data
Bertie Sittert
Independent Non-Executive Directorless than a yearno datano data
3.7yrs
Average Tenure
62yo
Average Age

Experienced Board: CLS's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/04 19:19
End of Day Share Price 2026/05/04 00:00
Earnings2026/02/28
Annual Earnings2025/08/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Clicks Group Limited is covered by 19 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rendani MagalelaAbsa Bank Limited
Victor DimaArqaam Capital Research Offshore S.A.L.
Michael de NobregaAvior Capital Markets