Pick n Pay Stores Limited, an investment holding company, engages in the retail of food, clothing, general merchandise, pharmaceuticals, and liquor in South Africa and Rest of Africa.
Pick n Pay Stores Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R58.18|
|52 Week High||R47.14|
|52 Week Low||R61.69|
|1 Month Change||-0.26%|
|3 Month Change||15.99%|
|1 Year Change||7.96%|
|3 Year Change||-14.94%|
|5 Year Change||-11.84%|
|Change since IPO||428.91%|
Recent News & Updates
Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|PIK||ZA Consumer Retailing||ZA Market|
Return vs Industry: PIK underperformed the ZA Consumer Retailing industry which returned 23.7% over the past year.
Return vs Market: PIK underperformed the ZA Market which returned 19% over the past year.
Stable Share Price: PIK is less volatile than 75% of ZA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: PIK's weekly volatility (4%) has been stable over the past year.
About the Company
Pick n Pay Stores Limited, an investment holding company, engages in the retail of food, clothing, general merchandise, pharmaceuticals, and liquor in South Africa and Rest of Africa. It owns, franchises, and invests in hypermarkets, supermarkets, local stores, clothing stores, liquor stores, pharmacy stores, superstores, build stores, punch stores, and express stores under the Pick n Pay and Boxer brands, which offer food products, wine, clothing, and health and wellness products. The company also offers its products through an online shopping platform www.pnp.co.za.
Pick n Pay Stores Fundamentals Summary
|PIK fundamental statistics|
Is PIK overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PIK income statement (TTM)|
|Cost of Revenue||R76.74b|
Last Reported Earnings
Aug 29, 2021
Next Earnings Date
|Earnings per share (EPS)||2.30|
|Net Profit Margin||1.14%|
How did PIK perform over the long term?See historical performance and comparison
3.4%Current Dividend Yield
Does PIK pay a reliable dividends?See PIK dividend history and benchmarks
|Pick n Pay Stores dividend dates|
|Ex Dividend Date||Dec 01 2021|
|Dividend Pay Date||Dec 06 2021|
|Days until Ex dividend||36 days|
|Days until Dividend pay date||41 days|
Does PIK pay a reliable dividends?See PIK dividend history and benchmarks
Is Pick n Pay Stores undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PIK (ZAR58.18) is trading above our estimate of fair value (ZAR53.97)
Significantly Below Fair Value: PIK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PIK is good value based on its PE Ratio (25.3x) compared to the ZA Consumer Retailing industry average (25.4x).
PE vs Market: PIK is poor value based on its PE Ratio (25.3x) compared to the ZA market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: PIK is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: PIK is overvalued based on its PB Ratio (9.6x) compared to the ZA Consumer Retailing industry average (6.3x).
How is Pick n Pay Stores forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PIK's forecast earnings growth (17.9% per year) is above the savings rate (8.8%).
Earnings vs Market: PIK's earnings (17.9% per year) are forecast to grow faster than the ZA market (12.1% per year).
High Growth Earnings: PIK's earnings are forecast to grow, but not significantly.
Revenue vs Market: PIK's revenue (6% per year) is forecast to grow slower than the ZA market (6.4% per year).
High Growth Revenue: PIK's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PIK's Return on Equity is forecast to be very high in 3 years time (40.4%).
How has Pick n Pay Stores performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PIK has high quality earnings.
Growing Profit Margin: PIK's current net profit margins (1.1%) are higher than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: PIK's earnings have declined by 2.7% per year over the past 5 years.
Accelerating Growth: PIK's earnings growth over the past year (14.2%) exceeds its 5-year average (-2.7% per year).
Earnings vs Industry: PIK earnings growth over the past year (14.2%) underperformed the Consumer Retailing industry 14.2%.
Return on Equity
High ROE: Whilst PIK's Return on Equity (37.83%) is high, this metric is skewed due to their high level of debt.
How is Pick n Pay Stores's financial position?
Financial Position Analysis
Short Term Liabilities: PIK's short term assets (ZAR19.4B) do not cover its short term liabilities (ZAR23.2B).
Long Term Liabilities: PIK's short term assets (ZAR19.4B) exceed its long term liabilities (ZAR14.6B).
Debt to Equity History and Analysis
Debt Level: PIK's debt to equity ratio (221.5%) is considered high.
Reducing Debt: PIK's debt to equity ratio has increased from 23% to 221.5% over the past 5 years.
Debt Coverage: PIK's debt is well covered by operating cash flow (62.4%).
Interest Coverage: PIK's interest payments on its debt are not well covered by EBIT (2.4x coverage).
What is Pick n Pay Stores's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PIK's dividend (3.38%) is higher than the bottom 25% of dividend payers in the ZA market (3.14%).
High Dividend: PIK's dividend (3.38%) is low compared to the top 25% of dividend payers in the ZA market (7.52%).
Stability and Growth of Payments
Stable Dividend: PIK's dividend payments have been volatile in the past 10 years.
Growing Dividend: PIK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.2%), PIK's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: PIK's dividends in 3 years are forecast to be covered by earnings (77.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pieter Boone (54 yo)
Mr. Pieter C. Boone serves as Chief Executive Officer of Pick n Pay Stores Limited since April 21, 2021 and serves as its Executive Director since April 21, 2021. He has been Member of Supervisory Board at...
CEO Compensation Analysis
Compensation vs Market: Pieter's total compensation ($USD166.25K) is below average for companies of similar size in the ZA market ($USD912.68K).
Compensation vs Earnings: Insufficient data to compare Pieter's compensation with company performance.
Experienced Board: PIK's board of directors are seasoned and experienced ( 10.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pick n Pay Stores Limited's employee growth, exchange listings and data sources
- Name: Pick n Pay Stores Limited
- Ticker: PIK
- Exchange: JSE
- Founded: 1967
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: R27.912b
- Shares outstanding: 479.76m
- Website: https://www.pnp.co.za
Number of Employees
- Pick n Pay Stores Limited
- Pick n Pay Office Park
- 101 Rosmead Avenue
- Cape Town
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 21:34|
|End of Day Share Price||2021/10/25 00:00|
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.