Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally.
Mr Price Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R206.74|
|52 Week High||R121.84|
|52 Week Low||R242.25|
|1 Month Change||3.14%|
|3 Month Change||3.60%|
|1 Year Change||57.16%|
|3 Year Change||-8.30%|
|5 Year Change||31.68%|
|Change since IPO||3,345.67%|
Recent News & Updates
|MRP||ZA Specialty Retail||ZA Market|
Return vs Industry: MRP underperformed the ZA Specialty Retail industry which returned 70.3% over the past year.
Return vs Market: MRP exceeded the ZA Market which returned 21.2% over the past year.
Stable Share Price: MRP is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MRP's weekly volatility (4%) has been stable over the past year.
About the Company
Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through four segments: Apparel, Home, Telecoms, and Financial Services and Cellular. It offers clothing, underwear, footwear, cosmetics, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and décor products for bedroom, living-room, bathroom, kitchen, and dining-room.
Mr Price Group Fundamentals Summary
|MRP fundamental statistics|
Is MRP overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MRP income statement (TTM)|
|Cost of Revenue||R12.54b|
Last Reported Earnings
Apr 03, 2021
Next Earnings Date
|Earnings per share (EPS)||10.27|
|Net Profit Margin||11.78%|
How did MRP perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Is Mr Price Group 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: MRP (ZAR206.74) is trading above our estimate of fair value (ZAR113.21)
Significantly Below Fair Value: MRP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MRP is poor value based on its PE Ratio (20.1x) compared to the ZA Specialty Retail industry average (10.1x).
PE vs Market: MRP is poor value based on its PE Ratio (20.1x) compared to the ZA market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: MRP is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: MRP is overvalued based on its PB Ratio (4.9x) compared to the ZA Specialty Retail industry average (1.6x).
How is Mr Price Group forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRP's forecast earnings growth (8.7% per year) is below the savings rate (8.8%).
Earnings vs Market: MRP's earnings (8.7% per year) are forecast to grow slower than the ZA market (12.5% per year).
High Growth Earnings: MRP's earnings are forecast to grow, but not significantly.
Revenue vs Market: MRP's revenue (7.7% per year) is forecast to grow faster than the ZA market (6.2% per year).
High Growth Revenue: MRP's revenue (7.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MRP's Return on Equity is forecast to be high in 3 years time (26.8%)
How has Mr Price Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRP has high quality earnings.
Growing Profit Margin: MRP's current net profit margins (11.8%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: MRP's earnings have grown by 1.3% per year over the past 5 years.
Accelerating Growth: MRP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MRP had negative earnings growth (-2.1%) over the past year, making it difficult to compare to the Specialty Retail industry average (137.3%).
Return on Equity
High ROE: MRP's Return on Equity (24.5%) is considered high.
How is Mr Price Group's financial position?
Financial Position Analysis
Short Term Liabilities: MRP's short term assets (ZAR10.6B) exceed its short term liabilities (ZAR4.2B).
Long Term Liabilities: MRP's short term assets (ZAR10.6B) exceed its long term liabilities (ZAR4.8B).
Debt to Equity History and Analysis
Debt Level: MRP's debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: MRP's debt to equity ratio has reduced from 0.6% to 0.04% over the past 5 years.
Debt Coverage: MRP's debt is well covered by operating cash flow (119175%).
Interest Coverage: MRP's interest payments on its debt are well covered by EBIT (19x coverage).
What is Mr Price Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MRP's dividend (4.48%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).
High Dividend: MRP's dividend (4.48%) is low compared to the top 25% of dividend payers in the ZA market (8.04%).
Stability and Growth of Payments
Stable Dividend: MRP's dividend payments have been volatile in the past 10 years.
Growing Dividend: MRP's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.5%), MRP's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MRP's dividends in 3 years are forecast to be covered by earnings (63.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Blair (55 yo)
Mr. Mark McNeil Blair, CA (SA), has been Chief Executive Officer of Mr Price Group Limited since January 1, 2019 and serves as its Member of Group Management Board. Mr. Blair serves as Special Projects Dir...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.30M) is about average for companies of similar size in the ZA market ($USD1.26M).
Compensation vs Earnings: Mark's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: MRP's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: MRP's board of directors are considered experienced (6.2 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.
Mr Price Group Limited's employee growth, exchange listings and data sources
- Name: Mr Price Group Limited
- Ticker: MRP
- Exchange: JSE
- Founded: 1885
- Industry: Apparel Retail
- Sector: Retail
- Market Cap: R53.455b
- Shares outstanding: 258.56m
- Website: https://www.mrpricegroup.com
Number of Employees
- Mr Price Group Limited
- North Concourse
- Upper Level
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 17:03|
|End of Day Share Price||2021/10/15 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.