Shoprite Holdings Future Growth

Future criteria checks 3/6

Shoprite Holdings is forecast to grow earnings and revenue by 11.7% and 8.6% per annum respectively. EPS is expected to grow by 12.5% per annum. Return on equity is forecast to be 26.5% in 3 years.

Key information

11.7%

Earnings growth rate

12.5%

EPS growth rate

Consumer Retailing earnings growth	18.1%
Revenue growth rate	8.6%
Future return on equity	26.5%
Analyst coverage	Good
Last updated	01 Nov 2024

Recent future growth updates

Recent updates

Here's Why We Think Shoprite Holdings (JSE:SHP) Might Deserve Your Attention Today

Oct 21

Shoprite Holdings (JSE:SHP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Oct 08

Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year

Sep 24

Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year

Sep 10

The Returns On Capital At Shoprite Holdings (JSE:SHP) Don't Inspire Confidence

Sep 03

Does This Valuation Of Shoprite Holdings Limited (JSE:SHP) Imply Investors Are Overpaying?

Aug 04

Does Shoprite Holdings (JSE:SHP) Deserve A Spot On Your Watchlist?

Jul 21

With Shoprite Holdings Limited (JSE:SHP) It Looks Like You'll Get What You Pay For

Jun 23

Be Wary Of Shoprite Holdings (JSE:SHP) And Its Returns On Capital

May 08

Earnings and Revenue Growth Forecasts

JSE:SHP - Analysts future estimates and past financials data (ZAR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	311,087	9,447	7,427	16,929	6
6/30/2026	286,489	8,644	5,397	14,249	7
6/30/2025	261,444	7,767	5,776	10,363	7
6/30/2024	240,718	6,570	9,822	17,584	N/A
3/31/2024	235,239	6,517	8,011	15,453	N/A
12/31/2023	229,759	6,463	6,200	13,322	N/A
9/30/2023	222,358	6,384	6,323	13,262	N/A
7/2/2023	214,956	6,305	6,446	13,201	N/A
1/1/2023	199,129	6,295	8,880	14,944	N/A
10/1/2022	191,499	6,023	6,707	12,429	N/A
7/3/2022	183,868	5,750	4,533	9,914	N/A
1/2/2022	176,225	5,276	-873	3,383	N/A
10/2/2021	172,128	4,987	3,111	6,848	N/A
7/4/2021	168,030	4,698	7,094	10,313	N/A
12/27/2020	158,518	3,912	13,740	16,641	N/A
9/27/2020	156,964	3,885	11,643	14,708	N/A
6/28/2020	155,409	3,857	9,545	12,775	N/A
12/29/2019	151,352	3,797	4,081	8,535	N/A
9/29/2019	149,415	3,805	2,068	6,935	N/A
6/30/2019	147,478	3,813	54	5,334	N/A
3/31/2019	147,816	4,243	1,236	6,474	N/A
12/30/2018	145,237	4,391	3,592	8,789	N/A
9/30/2018	145,171	4,801	4,327	9,594	N/A
7/1/2018	145,104	5,211	5,062	10,398	N/A
4/1/2018	145,256	5,557	N/A	8,161	N/A
12/31/2017	145,407	5,902	N/A	5,923	N/A
9/30/2017	143,204	5,665	N/A	5,929	N/A
7/2/2017	141,000	5,428	N/A	5,934	N/A
4/2/2017	139,903	5,256	N/A	5,353	N/A
1/1/2017	138,806	5,084	N/A	4,771	N/A
10/1/2016	134,417	4,964	N/A	4,183	N/A
7/3/2016	130,028	4,844	N/A	3,595	N/A
4/3/2016	124,386	4,590	N/A	4,890	N/A
12/31/2015	118,744	4,336	N/A	6,185	N/A
9/30/2015	116,219	4,230	N/A	5,944	N/A
6/30/2015	113,694	4,124	N/A	5,703	N/A
3/31/2015	111,139	4,009	N/A	6,454	N/A
12/31/2014	108,583	3,894	N/A	7,205	N/A
9/30/2014	105,394	3,812	N/A	7,397	N/A
6/30/2014	102,204	3,730	N/A	7,588	N/A
3/31/2014	99,589	3,726	N/A	6,365	N/A
12/31/2013	96,975	3,722	N/A	5,142	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHP's forecast earnings growth (11.7% per year) is above the savings rate (9.7%).

Earnings vs Market: SHP's earnings (11.7% per year) are forecast to grow slower than the ZA market (19.7% per year).

High Growth Earnings: SHP's earnings are forecast to grow, but not significantly.

Revenue vs Market: SHP's revenue (8.6% per year) is forecast to grow faster than the ZA market (3.6% per year).

High Growth Revenue: SHP's revenue (8.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SHP's Return on Equity is forecast to be high in 3 years time (26.5%)

Shoprite Holdings Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target increased to R242

Shoprite Holdings Limited Provides Earnings Guidance for the Six Months Ended 2 January 2022

Price target increased to R225

Price target increased to R188

Price target increased to R157

Recent updates

CEO & Executive Director recently sold R31m worth of stock

Upcoming dividend of R4.45 per share

CEO & Executive Director recently sold R15m worth of stock

Final dividend increased to R4.45

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Shoprite Holdings Ltd Declares Final Dividend, Payable on 30 September 2024

Investor sentiment improves as stock rises 15%

Shoprite Holdings Appoints Wendy Lucas-Bull as Member of the Social and Ethics Committee

JPMorgan Chase & Co. (NYSE:JPM) acquired unknown stake in Shoprite Holdings Ltd (JSE:SHP).

JPMorgan Chase & Co. (NYSE:JPM) acquired unknown stake in Shoprite Holdings Ltd (JSE:SHP).

Upcoming dividend of R2.67 per share

First half dividend increased to R2.67

New minor risk - Financial position

First half 2024 earnings released: EPS: R6.27 (vs R6.00 in 1H 2023)

Shoprite Holdings Ltd Declares Interim Dividend, Payable on 2 April 2024

Shoprite Holdings Ltd to Report First Half, 2024 Results on Mar 05, 2024

CEO & Executive Director recently sold R30m worth of stock

Upcoming dividend of R4.15 per share at 2.7% yield

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Shoprite Holdings Ltd Declares Final Dividend, Payable on 2 October 2023

Shoprite Holdings Ltd Announces Board Committee Appointments

Shoprite Holdings Ltd Announces Change to Company Secretary, Effective 1 January 2024

Shoprite Holdings Ltd to Report Q1, 2024 Results on Nov 13, 2023

Shoprite Holdings Ltd Announces Board Appointments

Shoprite Holdings Ltd Announces Step Down of Wendy Lucas-Bull as Member of the SEC

Upcoming dividend of R2.48 per share at 2.7% yield

First half 2023 earnings released: EPS: R6.00 (vs R4.91 in 1H 2022)

We Think Shoprite Holdings (JSE:SHP) Can Stay On Top Of Its Debt

Shoprite Holdings Ltd to Report Fiscal Year 2023 Final Results on Oct 16, 2023

Shoprite Holdings (JSE:SHP) Could Be Struggling To Allocate Capital

We Discuss Why The CEO Of Shoprite Holdings Ltd (JSE:SHP) Is Due For A Pay Rise

Here's Why We Think Shoprite Holdings (JSE:SHP) Might Deserve Your Attention Today

Shoprite Holdings (JSE:SHP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Shoprite Holdings Limited to Report Fiscal Year 2022 Results on Oct 17, 2022

Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year

Upcoming dividend of R3.67 per share

CEO & Executive Director recently sold R14m worth of stock

Shoprite Holdings (JSE:SHP) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings released: EPS: R10.46 (vs R8.52 in FY 2021)

The Returns On Capital At Shoprite Holdings (JSE:SHP) Don't Inspire Confidence

Shoprite Holdings Limited, Annual General Meeting, Nov 14, 2022

Does This Valuation Of Shoprite Holdings Limited (JSE:SHP) Imply Investors Are Overpaying?

Shoprite Holdings Limited to Report Q4, 2022 Results on Sep 06, 2022

Does Shoprite Holdings (JSE:SHP) Deserve A Spot On Your Watchlist?

With Shoprite Holdings Limited (JSE:SHP) It Looks Like You'll Get What You Pay For

Be Wary Of Shoprite Holdings (JSE:SHP) And Its Returns On Capital

Upcoming dividend of R2.33 per share

Shoprite Holdings Limited Declares Interim Dividend, Payable on 11 April 2022

First half 2022 earnings: EPS in line with analyst expectations despite revenue beat

Price target increased to R242

Shoprite Holdings Limited Provides Earnings Guidance for the Six Months Ended 2 January 2022

Price target increased to R225

Upcoming dividend of R3.53 per share

Price target increased to R188

Full year 2021 earnings released: EPS R8.52 (vs R6.23 in FY 2020)

Independent Non-Executive Director recently bought R3.7m worth of stock

Upcoming dividend of R1.91 per share

Price target increased to R157

Shoprite Holdings Limited Declares Interim Dividend, Payable on 12 April 2021

New 90-day high: R152

Shoprite Holdings Limited Appoints Wendy Lucas-Bull as a Member to Remuneration Committee

New 90-day high: R145

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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