Pick n Pay Stores Balance Sheet Health

Financial Health criteria checks 1/6

Pick n Pay Stores has a total shareholder equity of ZAR2.5B and total debt of ZAR8.5B, which brings its debt-to-equity ratio to 344.1%. Its total assets and total liabilities are ZAR46.8B and ZAR44.3B respectively. Pick n Pay Stores's EBIT is ZAR2.3B making its interest coverage ratio 1.4. It has cash and short-term investments of ZAR4.6B.

Key information

344.1%

Debt to equity ratio

R8.47b

Debt

Interest coverage ratio	1.4x
Cash	R4.63b
Equity	R2.46b
Total liabilities	R44.33b
Total assets	R46.79b

Recent financial health updates

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Aug 03

Recent updates

Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Sep 24

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Aug 03

Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Mar 25

Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Feb 23

Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

Feb 09

If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%

Dec 09

Pick n Pay Stores Limited (JSE:PIK) Will Pay A R1.92 Dividend In Four Days

Nov 27

Financial Position Analysis

Short Term Liabilities: PIK's short term assets (ZAR19.6B) do not cover its short term liabilities (ZAR23.5B).

Long Term Liabilities: PIK's short term assets (ZAR19.6B) do not cover its long term liabilities (ZAR20.9B).

Debt to Equity History and Analysis

Debt Level: PIK's net debt to equity ratio (156%) is considered high.

Reducing Debt: PIK's debt to equity ratio has increased from 18% to 344.1% over the past 5 years.

Debt Coverage: PIK's debt is well covered by operating cash flow (52.8%).

Interest Coverage: PIK's interest payments on its debt are not well covered by EBIT (1.4x coverage).

Balance Sheet

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Pick n Pay Stores Balance Sheet Health

Financial Health criteria checks 1/6

Key information

Recent financial health updates

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Recent updates

Consensus EPS estimates fall from profit to R0.054 loss

Pick N Pay Stores Limited Announces Company Secretary Changes

Price target decreased by 8.5% to R25.17

New minor risk - Share price stability

Investor sentiment deteriorates as stock falls 16%

Price target decreased by 23% to R27.50

Consensus EPS estimates increase by 109%

Pick n Pay Stores Limited Announces Changes to Group Management, Effective from 1 March 2024

Price target decreased by 9.1% to R35.57

Price target decreased by 8.2% to R38.14

Non-Executive Director recently bought R137k worth of stock

Price target decreased by 9.6% to R39.14

New minor risk - Earnings quality

Investor sentiment deteriorates as stock falls 19%

Consensus EPS estimates fall by 40%

Pick N Pay Stores Limited Revises Earnings Guidance for the 26 Weeks Ended 27 August 2023

Investor sentiment deteriorates as stock falls 17%

Consensus EPS estimates fall by 20%

New minor risk - Share price stability

Pick n Pay Stores Limited(JSE:PIK) dropped from FTSE All-World Index (USD)

Pick n Pay Stores Limited(JSE:PIK) dropped from FTSE All-World Index (USD)

Now 21% undervalued after recent price drop

Pick n Pay Stores Limited Provides Earnings Guidance for the First Half and Second Half of Fiscal Year 2024

Non-Executive Director recently sold R599k worth of stock

Consensus EPS estimates fall by 13%

Pick n Pay Stores Limited (JSE:PIK) concluded a sale and purchase agreement to acquire business operations of the Tomis group for approximately ZAR 340 million.

Investor sentiment improves as stock rises 18%

Upcoming dividend of R1.40 per share at 5.6% yield

Consensus EPS estimates fall by 24%

Price target decreased by 18% to R52.00

Full year 2023 earnings: EPS misses analyst expectations

Pick n Pay Stores Limited Declares Dividend, Payable on 5 June 2023

Consensus EPS estimates fall by 10%

Pick n Pay Stores Limited Announces Board Changes

Consensus EPS estimates fall by 10%

Consensus EPS estimates fall by 12%

Price target decreased by 9.6% to R64.77

Upcoming dividend of R0.45 per share

Pick n Pay Stores Limited, Annual General Meeting, Jul 19, 2023

Pick n Pay Stores Limited to Report Fiscal Year 2023 Results on May 03, 2023

Now 21% undervalued

Public Investment Corporation Limited acquired minority stake in Pick n Pay Stores Limited (JSE:PIK).

Independent Non-Executive Director recently sold R459k worth of stock

Pick n Pay Stores Limited Announces Executive Changes

Full year 2022 earnings: EPS misses analyst expectations

Pick n Pay Stores Limited, Annual General Meeting, Jul 26, 2022

Upcoming dividend of R1.85 per share

Full year 2022 earnings: EPS and revenues miss analyst expectations

Pick n Pay Stores Limited to Report First Half, 2023 Results on Oct 18, 2022

Now 21% undervalued

Now 21% undervalued

Upcoming dividend of R0.36 per share

Independent Non-Executive Director recently sold R604k worth of stock

First half 2022 earnings released: EPS R0.62 (vs R0.33 in 1H 2021)

Be Wary Of Pick n Pay Stores (JSE:PIK) And Its Returns On Capital

Pick n Pay Stores (JSE:PIK) Takes On Some Risk With Its Use Of Debt

Full year 2021 earnings released: EPS R2.03 (vs R2.51 in FY 2020)

Upcoming dividend of R1.61 per share

Clicks Group Limited (JSE:CLS) agreed to acquire Retail Pharmacy Business from Pick n Pay Stores Limited (JSE:PIK).

Full year 2021 earnings released: EPS R2.03 (vs R2.51 in FY 2020)

CEO & Executive Director Richard William Brasher has left the company

Chief Information Officer & Executive Director has left the company

Pick n Pay Stores' (JSE:PIK) Returns On Capital Not Reflecting Well On The Business

Pick n Pay Stores Limited Announces Retirement of Richard Van Rensburg as Executive Director, Effective 31 March 2021

Pick n Pay Stores Limited (JSE:PIK) Is Yielding 4.0% - But Is It A Buy?

Pick n Pay Stores Limited to Report Fiscal Year 2021 Results on Apr 21, 2021

Here's Why Pick n Pay Stores' (JSE:PIK) Statutory Earnings Are Arguably Too Conservative

New 90-day high: R56.86

How Much Of Pick n Pay Stores Limited (JSE:PIK) Do Institutions Own?

Pick N Pay Stores Limited Announces Executive Changes

Pick n Pay Stores Limited (JSE:PIK) Insiders Increased Their Holdings

Here's What To Make Of Pick n Pay Stores' (JSE:PIK) Returns On Capital

If You Had Bought Pick n Pay Stores' (JSE:PIK) Shares A Year Ago You Would Be Down 23%

Pick n Pay Stores Limited (JSE:PIK) Will Pay A R1.92 Dividend In Four Days