Shoprite Holdings (SHP.JO) Stock Price

Shoprite Holdings Price

JSE·CLOSED
32,177.00
+31,859.31 (+196.09 %)
Market closed

Over the last 19 years Shoprite Holdings grew revenue by 11.2% annually, reaching 252.70 B ZAR. Earnings per share have grown at 11.8% per year over the last 19 years. For Shoprite Holdings, the net margin of 3.0% is broadly stable versus 2.9% a few years ago. At today's price the dividend yield works out to roughly 0.02%. The payout ratio is around 56% of earnings. The dividend has grown at 13.4% per year over the past 19 years. The consensus 12-month price target for Shoprite Holdings is 316.20 ZAR, about 99.0% below where the stock trades today. Of 14 analysts, 11 rate the stock a buy — an overall Buy consensus. The stock trades about 12,429% above its 52-week low.

Shoprite Holdings stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Shoprite Holdings over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Shoprite Holdings stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Shoprite Holdings's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Shoprite Holdings Stock Price History
DateShoprite Holdings Price
9/23/202632,177.00 ZAR
9/21/2026317.69 ZAR
9/18/2026314.66 ZAR
9/17/2026313.20 ZAR
9/16/2026312.72 ZAR
9/15/2026313.80 ZAR
9/14/2026312.99 ZAR
9/11/2026313.70 ZAR
9/10/2026313.50 ZAR
9/9/2026313.03 ZAR
9/8/2026315.27 ZAR
9/7/2026315.18 ZAR
9/4/2026315.18 ZAR
9/3/2026312.36 ZAR
9/2/2026312.90 ZAR
9/1/2026312.04 ZAR
8/31/2026307.25 ZAR
8/28/2026305.47 ZAR
8/27/2026307.13 ZAR
8/26/2026301.10 ZAR
8/25/2026302.20 ZAR
8/24/2026299.34 ZAR
8/21/2026295.75 ZAR
8/20/2026297.15 ZAR
8/19/2026303.89 ZAR
8/18/2026307.09 ZAR
8/17/2026308.18 ZAR
8/14/2026309.73 ZAR
8/13/2026311.80 ZAR
8/12/2026307.85 ZAR
Access this data via the Eulerpool API

Shoprite Holdings Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
214.96 B ZAR
11.06 B ZAR
5.89 B ZAR
Jan 1, 2024
232.09 B ZAR
11.95 B ZAR
6.25 B ZAR
Jan 1, 2025
252.70 B ZAR
14.24 B ZAR
7.59 B ZAR
Jan 1, 2026 (e)
271.93 B ZAR
17.25 B ZAR
8.16 B ZAR
Jan 1, 2027 (e)
294.59 B ZAR
18.26 B ZAR
9.30 B ZAR
Jan 1, 2028 (e)
317.85 B ZAR
19.83 B ZAR
10.33 B ZAR
Jan 1, 2029 (e)
343.45 B ZAR
21.44 B ZAR
11.43 B ZAR
Jan 1, 2030 (e)
357.44 B ZAR
22.23 B ZAR
12.03 B ZAR

Shoprite Holdings Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 25, 2026, 1:31 AM
 
REVENUEB ZAR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB ZAR
EBITB ZAR
EBIT MARGIN%
NET INCOMEB ZAR
NET INCOME GROWTH%
DIV.ZAR
DIV. GROWTH%
SHARESM
20162017201820192020202120222023202420252026e2027e2028e2029e2030e2031e
130.03141.00145.10147.48155.41168.03183.87214.96232.09252.70271.93294.59317.85343.45357.44383.60
14.378.442.911.645.388.129.4316.917.978.887.618.347.898.054.077.32
23.5823.9923.9123.3623.9824.5324.4924.0523.9324.3124.3124.3124.3124.3124.3124.31
30.6633.8334.6934.4537.2641.2145.0251.7155.5461.4466.1271.6377.2883.5186.9193.27
6.847.618.027.657.749.9810.5911.0611.9514.2417.2518.2619.8321.4422.2323.68
5.265.405.535.194.985.945.765.155.155.646.346.206.246.246.226.17
4.845.435.213.473.364.845.715.896.257.598.169.3010.3311.4312.0313.04
17.4612.06-4.00-33.45-3.2344.2517.973.066.1521.407.6113.9911.0010.705.198.41
4.525.044.843.193.835.446.006.6310.047.978.7910.0111.41–––
17.1011.50-3.97-34.0920.0642.0410.2910.5051.43-20.6210.2913.8813.99–––
537.42564.81557.17555.11553.90553.86548.50546.08546.17543.40543.40543.40543.40543.40543.40543.40
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Shoprite Holdings generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Shoprite Holdings retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Shoprite Holdings's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Shoprite Holdings has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Shoprite Holdings's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Shoprite Holdings stock margins

The Shoprite Holdings margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Shoprite Holdings. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Shoprite Holdings.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
24.53 %
5.94 %
2.88 %
Jan 1, 2022
24.49 %
5.76 %
3.11 %
Jan 1, 2023
24.05 %
5.15 %
2.74 %
Jan 1, 2024
23.93 %
5.15 %
2.69 %
Jan 1, 2025
24.31 %
5.64 %
3.00 %
Jan 1, 2026 (e)
24.31 %
6.34 %
3.00 %
Jan 1, 2027 (e)
24.31 %
6.20 %
3.16 %
Jan 1, 2028 (e)
24.31 %
6.24 %
3.25 %

Shoprite Holdings Stock Revenue, EBIT, Earnings per Share

The Shoprite Holdings earnings per share therefore indicates how much revenue Shoprite Holdings has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
303.38 ZAR
18.01 ZAR
8.74 ZAR
Jan 1, 2022
335.22 ZAR
19.31 ZAR
10.41 ZAR
Jan 1, 2023
393.63 ZAR
20.25 ZAR
10.78 ZAR
Jan 1, 2024
424.94 ZAR
21.89 ZAR
11.44 ZAR
Jan 1, 2025
465.04 ZAR
26.21 ZAR
13.96 ZAR
Jan 1, 2026 (e)
500.42 ZAR
31.74 ZAR
15.02 ZAR
Jan 1, 2027 (e)
542.14 ZAR
33.61 ZAR
17.12 ZAR
Jan 1, 2028 (e)
584.93 ZAR
36.49 ZAR
19.01 ZAR

Shoprite Holdings business model & stock analysis

Shoprite Holdings Limited is a South African company that operates in the retail sector and is one of the largest food retailers on the continent. The company was founded in 1979 and is headquartered in Cape Town. Shoprite operates over 2,800 stores in 15 African countries and employs over 140,000 people. History Shoprite was founded in 1979 by a company called Checkers Discount Liquor Shops. Originally, the company specialized exclusively in the sale of alcoholic beverages but quickly expanded its product range to include food. In 1990, Shoprite acquired the competitor OK Bazaars, which was the second-largest retailer in South Africa at the time. In 1991, Shoprite introduced a new strategy of offering its products at discounted prices to act as a price leader in the market. In the 1990s, Shoprite expanded into other African countries and acquired additional retailers in South Africa. Business Model Shoprite's business model is aimed at a broad customer group. The company offers products at various price levels to appeal to customers with different budgets. Shoprite operates various business models, including large supermarkets, discount stores, and convenience stores. Another important feature of the Shoprite business model is a high level of quality assurance. The company focuses on optimal product presentation, fresh products, and high service quality. Segments Shoprite is divided into various segments to better serve its customers. The company's main segments are supermarkets, discount stores, and convenience stores. Supermarkets: Under this segment, Shoprite operates large supermarkets with an area of up to 7,000 square meters. These supermarkets offer a wide range of food and other products. Discount stores: These business models have a smaller sales area than supermarkets (up to 2,000 square meters) and offer a greatly reduced range of products. Discount stores are aimed at price-conscious customers. Convenience stores: These business models have an even smaller sales area than discount stores (approximately 100 to 500 square meters) and offer a limited range of products. Convenience stores are primarily designed to serve customers who want to shop quickly and easily. Products Shoprite offers a wide range of products, including fresh food such as fruits, vegetables, meat, and dairy products, as well as other products such as household items, clothing, and cosmetics. The company places a strong emphasis on the production of private label products and offers them at discounted prices. Another important product category at Shoprite is imported products, including exotic fruits, spices, and specialties from Asia, Europe, and the USA. Conclusion Shoprite is a leading retail company in Africa that caters to a broad customer group and focuses on high quality assurance. The company has experienced impressive growth in recent decades and now operates thousands of stores in a variety of countries. The wide range of products and the different business models offered by Shoprite provide customers with a variety of shopping options tailored to their needs and budgets.

Shoprite Holdings SWOT Analysis

Strengths

1. Market Leader: Shoprite Holdings Ltd is one of Africa's largest supermarket chains, enjoying a dominant position in the retail industry.

2. Extensive Store Network: The company operates an extensive network of stores across multiple countries, providing wide market coverage and accessibility.

3. Strong Brand Image: Shoprite has built a strong brand reputation for offering affordable prices, quality products, and excellent customer service.

Weaknesses

1. Overdependence on South Africa: Shoprite is heavily reliant on the South African market, which exposes it to the risks associated with economic and regulatory fluctuations in the country.

2. Limited Online Presence: The company has been slow in capitalizing on the growing trend of online shopping, limiting its potential reach and missing out on a significant customer base.

3. High Competition: Shoprite faces intense competition from both local and international players in the retail industry, putting pressure on its market share and profitability.

Opportunities

1. Expansion into Untapped Markets: Shoprite can explore opportunities for expansion into untapped African markets, where there is potential for significant growth and demand for modern retail services.

2. E-commerce Growth: By investing in online platforms and delivery services, Shoprite can tap into the rising demand for e-commerce, meeting changing customer preferences and expanding its market reach.

3. Product Diversification: The company can diversify its product offerings to include more organic, sustainable, and locally sourced options, catering to the increasing consumer demand for healthier and environmentally friendly choices.

Threats

1. Economic Volatility: Shoprite is vulnerable to economic downturns or currency fluctuations, which can impact consumer spending and affect the company's financial performance.

2. Political and Regulatory Risks: Operating in multiple African countries exposes Shoprite to political instability, regulatory changes, and legal challenges, which could disrupt its operations and profitability.

3. Changing Consumer Behavior: Shifting consumer preferences and evolving shopping patterns, including the rise of e-commerce and increased focus on sustainability, pose a threat to traditional brick-and-mortar retailers like Shoprite.

Shoprite Holdings Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Shoprite Holdings historical P/E ratio, EBIT multiple, and P/S ratio

Shoprite Holdings annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down Shoprite Holdings's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Shoprite Holdings's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Shoprite Holdings's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Shoprite Holdings shares outstanding

The number of shares of Shoprite Holdings was 543.4 M in 2025. This indicates how many shares Shoprite Holdings is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
553.86 M Stocks
Jan 1, 2022
548.50 M Stocks
Jan 1, 2023
546.08 M Stocks
Jan 1, 2024
546.17 M Stocks
Jan 1, 2025
543.40 M Stocks
Jan 1, 2026 (e)
543.40 M Stocks
Jan 1, 2027 (e)
543.40 M Stocks
Jan 1, 2028 (e)
543.40 M Stocks

Shoprite Holdings stock splits

Since 1991, a total of 1.012 shares have been converted from one Shoprite Holdings share.

DateRatioType
10/21/20021 : 1
12/9/19961 : 10Stock Split
5/13/19961 : 1.012Stock Split
6/29/199210 : 1Reverse Stock Split
7/29/19911 : 1

Shoprite Holdings Dividend History

34 years of dividend payments

YearAnnual DividendYoY ChangePayments
20263.07ZARYTD—1×
Mar 25, 20263.07ZAR↓ 38.1%1/1
20257.97ZAR↓ 20.6%3×
Mar 26, 20252.85ZAR↑ 1,040.0%1/3
Mar 28, 20250.16ZAR↓ 94.4%2/3
Sep 23, 20254.96ZAR↑ 3,000.0%3/3
202410.04ZAR↑ 51.4%4×
20236.63ZAR↑ 10.5%2×
20226.00ZAR↑ 10.3%2×
20215.44ZAR↑ 42.0%2×
20203.83ZAR↑ 20.1%2×
20193.19ZAR↓ 34.1%2×
20184.84ZAR↓ 4.0%2×
20175.04ZAR↑ 11.5%2×

Shoprite Holdings dividend history and estimates

In 2025, Shoprite Holdings paid a dividend amounting to 7.97 ZAR. Dividend means that Shoprite Holdings distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
5.44 ZAR
0.00 ZAR
Jan 1, 2022
6.00 ZAR
0.00 ZAR
Jan 1, 2023
6.63 ZAR
0.00 ZAR
Jan 1, 2024
10.04 ZAR
0.00 ZAR
Jan 1, 2025
7.97 ZAR
0.00 ZAR
Jan 1, 2026 (e)
0.00 ZAR
8.79 ZAR
Jan 1, 2027 (e)
0.00 ZAR
10.01 ZAR
Jan 1, 2028 (e)
0.00 ZAR
11.41 ZAR

Shoprite Holdings dividend payout ratio

In 2025, Shoprite Holdings had a payout ratio of 55.99%. The payout ratio indicates the percentage of the company's profits that Shoprite Holdings distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
62.24 %
Jan 1, 2022
57.64 %
Jan 1, 2023
61.56 %
Jan 1, 2024
413.46 %
Jan 1, 2025
55.99 %
Jan 1, 2026 (e)
58.48 %
Jan 1, 2027 (e)
58.47 %
Jan 1, 2028 (e)
60.02 %

Current Shoprite Holdings forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
4.91 %
Buy
78.57 % (11)
Hold
21.43 % (3)
Sell
0.00 % (0)
12M Price Target
—
Last Price
32,177.00
Currency
ZAR
12M Return Potential
—
LTM Return
11,582.04 %

Shoprite Holdings Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
9/1/2026-ZAR7.84ZAR133.98 BZAR-2026 Q2
3/3/20267.09ZAR7.18ZAR136.80 BZAR-2025 Q4
3/5/20246.44ZAR6.25ZAR121.07 BZAR-2023 Q4
9/5/20235.73ZAR5.07ZAR240.01 BZAR-2023 Q2
9/6/2022-ZAR5.49ZAR88.42 BZAR-2022 Q2
9/7/20214.17ZAR4.61ZAR83.11 BZAR-2021 Q4
3/16/20214.57ZAR4.23ZAR85.09 BZAR-2021 Q2
9/8/20202.63ZAR4.26ZAR77.66 BZAR-2020 Q2
8/20/20194.16ZAR3.81ZAR74.54 BZAR-2019 Q4
2/26/20194.23ZAR3.99ZAR77.23 BZAR-2019 Q2

EESG©

Eulerpool ESG Scorecard© for the Shoprite Holdings stock

63/100
70
Environment
71
Social
48
Governance
E

Environment

Scope 1 - Direct Emissions725,405
Scope 2 - Indirect emissions from purchased energy1,832,076
Scope 3 - Indirect emissions within the value chain16,180,872
Total CO₂ emissions2,557,481
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

Percentage of female employees63.9
Percentage of women in management—
Percentage of Asian employees—
Share of Asian management—
Percentage of Hispanic/Latino employees—
Hispano/Latino Management share—
Percentage of Black employees—
Black Management Share—
Percentage of white employees—
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Shoprite Holdings shareholder structure

% Name
1.83829%
Ninety One SA Pty Ltd.
Ninety One SA Pty Ltd.
1.53091%
Capital Research Global Investors
Capital Research Global Investors
0.78879%
Schroder Investment Management Ltd. (SIM)
Schroder Investment Management Ltd. (SIM)
0.72291%
BlackRock Advisors (UK) Limited
BlackRock Advisors (UK) Limited
0.66962%
Geode Capital Management, L.L.C.
Geode Capital Management, L.L.C.
0.65175%
Allspring Global Investments, LLC
Allspring Global Investments, LLC
...

Shoprite Holdings Beneficial Ownership Filings (SEC 13D/G)

Free Float
74.8%
Float Shares
404.44 M
Shares Outstanding
540.66 M

Shoprite Holdings Executives and Management Board

15 members · avg. age 62 · 40 % women

PE

Mr. Pieter Engelbrecht (54)

Chief Executive Officer, Executive Director · since 2017

83.27 M ZAR

Management

AB

Mr. Anton de Bruyn (52)

Chief Financial Officer, Executive Director · since 2018

32.85 M ZAR
PP

Mr. Pieter Du Preez (56)

Chief Legal and Regulatory Officer

–
LG

Ms. Leeanne Goliath

Group Company Secretary

–

Board of Directors

WB

Ms. Wendy Lucas Bull (70)

Non-Executive Independent Chairman of the Board

3.78 M ZAR
NG

Ms. Nonkululeko Gobodo (63)

Lead Independent Director

1.58 M ZAR
LB

Ms. Linda de Beer (54)

Independent Non-Executive Director

1.17 M ZAR
PC

Mr. Peter Cooper (67)

Independent Non-Executive Director

1.14 M ZAR
CW

Dr. Christoffel Wiese (82)

Non-Executive Director

1.10 M ZAR
GD

Mr. Graham Dempster (68)

Independent Non-Executive Director

938,000.00 ZAR

Frequently asked questions about Shoprite Holdings

Shoprite Holdings Ltd is a leading retail company in South Africa. Its business model revolves around operating a diverse portfolio of supermarkets and related retail businesses. Shoprite focuses on providing affordable and high-quality products to its customers. The company operates under various store formats, including Shoprite, Checkers, Usave, and more, catering to different customer segments. Shoprite Holdings Ltd's business model emphasizes operational efficiency, economies of scale, and strong supplier relationships to maintain competitive pricing and enhance customer satisfaction. Through its extensive network of stores, Shoprite Holdings Ltd aims to meet the diverse grocery and household needs of its customers in an effective and efficient manner.

Shoprite Holdings Ltd is primarily active in the retail industry.

The main competitors of Shoprite Holdings Ltd in the market are Pick n Pay Stores Ltd, Woolworths Holdings Ltd, and Spar Group Ltd.

Shoprite Holdings Ltd is a renowned retail company with a rich history and background. Founded in 1979 by Christo Wiese, Shoprite has grown to become Africa's largest food retailer. With its headquarters in South Africa, the company operates more than 2,800 outlets across 15 countries. Shoprite is known for its commitment to providing customers with quality products at affordable prices. Over the years, the company has diversified its offerings to include various formats such as supermarkets, hypermarkets, and liquor stores. Shoprite Holdings Ltd has consistently focused on expanding its presence in Africa, contributing significantly to the region's economic development.

Shoprite Holdings Ltd, a leading retail company, has achieved several significant milestones throughout its history. With a strong focus on expansion and innovation, Shoprite has become Africa's largest food retailer. Over the years, the company has successfully built an extensive store network across multiple countries, providing convenient access to quality products and affordable prices. Shoprite has also established a reputation for social responsibility by implementing various community upliftment initiatives and aiming for sustainable operations. Additionally, the company's commitment to customer satisfaction and continuous improvement has helped it maintain its position as a market leader. Shoprite Holdings Ltd continues to strive for growth and excellence in the retail industry.

Shoprite Holdings Ltd is primarily present in various countries and regions. It has a strong presence in South Africa, where it originated, and is considered the largest supermarket chain in the country. Shoprite also operates in other African countries, including Nigeria, Angola, Zambia, Mozambique, and Namibia, among others. With a vision to expand its footprint, it has sought opportunities in non-African regions as well. However, its primary focus remains on serving the diverse markets and communities across Africa, offering a wide range of products and services to meet the needs of its customers.

Shoprite Holdings Ltd represents values of affordability, variety, and convenience in its operations. The company is committed to offering customers the lowest prices possible without compromising quality. Shoprite aims to provide a wide range of products, catering to diverse consumer needs. Its corporate philosophy revolves around customer satisfaction and a strong focus on operational efficiency. By leveraging economies of scale and innovative business strategies, Shoprite strives to enhance its customers' shopping experience while delivering value for their money. Shoprite Holdings Ltd is dedicated to building long-term relationships with suppliers, customers, and communities, making it a trusted and reliable brand in the retail industry.

Analysts currently set an average price target of 325.15 ZAR for the Shoprite Holdings stock (median: 316.20 ZAR), implying +1.1 % versus the latest price. The consensus is based on 14 analyst ratings.

14 analysts currently rate the Shoprite Holdings stock: 11 recommend buying, 3 holding and 0 selling. For 2026, analysts expect Shoprite Holdings to generate revenue of 271.93 B ZAR and earnings per share of 15.02 ZAR.

Converted at the current exchange rate, the Shoprite Holdings share trades at 1,726.49 EUR (32,177.00 ZAR).

The Shoprite Holdings share (SHP.JO) is listed on 4 stock exchanges, including: JSE (Johannesburg) (SHP.JO), Frankfurt (HY7.F), Düsseldorf (HY7.DU).

Shoprite Holdings Ltd is a leading retail chain in Africa. The company was founded in 1979 and is headquartered in Cape Town, South Africa. Shoprite operates retail stores in various formats in 15 African countries. The company is also listed on the Johannesburg Stock Exchange and has a market capitalization of around 30 billion Rand. The business model of Shoprite is simple: it offers a wide range of products at affordable prices to customers in Africa. Shoprite operates various retail formats such as supermarkets, hypermarkets, and discount stores to meet the needs of different customers. The main divisions of Shoprite are Food, Non-Food, and Furniture. The Food division includes all the food products that a customer would expect to find in a supermarket. There are fresh products such as fruits, vegetables, meat, and fish, as well as packaged and canned food. The company also offers private label products that cover a wide range of food items such as bread, milk, cheese, and juices. In the Non-Food division, Shoprite offers household items, electronics, clothing, shoes, and beauty products. The furniture department offers sofas, beds, tables, and chairs. Shoprite also has an online presence with the Checkers platform. On this platform, customers can browse and order the entire range of Shoprite products online. Customers have the option to have the items delivered to their homes or pick them up at a local store. The online platform also offers digital voucher codes and coupons. Another important component of Shoprite's business model is the Shoprite loyalty program. Shoprite regularly offers deals and special promotions to attract and retain customers. The company also promotes customer loyalty by introducing a shopping card that provides customers with access to exclusive offers and discounts. Shoprite's business model works well because it focuses on three key factors: pricing, selection, and customer loyalty. Shoprite is known for offering affordable, high-quality products that meet the needs of customers. The company ensures that each retail format and online platform operated under the Shoprite umbrella caters to the needs of different customer segments. Additionally, Shoprite relies on strong customer loyalty to ensure that customers remain loyal and return. Overall, Shoprite's business model has contributed to making the company one of the leading retail chains in Africa. Shoprite has continued to expand its presence in Africa by expanding into new countries and is on track to become the leading retailer across Africa. The company intends to further expand this presence by expanding its online presence and other retail formats to meet the demands of the markets in which it operates.

The expected revenue of Shoprite Holdings is 271.93 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Shoprite Holdings is 8.16 B ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Shoprite Holdings is currently 2,142.04. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Shoprite Holdings stock.

The price-to-sales ratio (P/S) of Shoprite Holdings is currently 64.30. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Shoprite Holdings stock.

The Eulerpool Quality Score for Shoprite Holdings is 7/10.

The ISIN of Shoprite Holdings is ZAE000012084. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Shoprite Holdings is 853202. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Shoprite Holdings is SHP.JO. The ticker symbol is used to trade Shoprite Holdings shares on the stock exchange.

Over the past 12 months, Shoprite Holdings paid a dividend of 7.97 ZAR . This corresponds to a dividend yield of about 0.02 %. For the coming 12 months, Shoprite Holdings is expected to pay a dividend of 10.01 ZAR.

The current dividend yield of Shoprite Holdings is 0.02 %.

Shoprite Holdings pays a dividend, distributed in the months of March, September.

Shoprite Holdings paid dividends every year for the past 29 years.

For the upcoming 12 months, dividends amounting to 10.01 ZAR are expected. This corresponds to a dividend yield of 3.15 %.

Shoprite Holdings is assigned to the 'Non-cyclical consumption' sector.

In the year 2025, Shoprite Holdings distributed 7.97 ZAR as dividends.

The dividends of Shoprite Holdings are distributed in ZAR.

Fair ValuePRO
312.12 ZAR
Over-/UndervaluationPRO
Fairly valued
Industry
Food & Staples Retailing
Number of shares
Employees
Revenue per Employee
1.72 M ZAR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
South Africa
Currency
ZAR
Initial public offering
Jul 1, 1992
ISIN
ZAE000012084
Cusip
S76263102
Sedol
6801575
Market capitalization
174.85 B ZARLarge Cap
52-Week Range
256.83–32,177.00ZAR
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
2.84
P/E ratio
P/Ee 2026
21.42
P/Ee 2027
18.79
P/Ee 2028
16.93
P/Ee 2029
15.29
P/Ee 2030
14.54
P/S
P/Se
0.64
EV/EBIT
15.50
P/B Ratio
5.79
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
8.81 %
Gross Margin
24.31 %
EBIT Margin
5.64 %
Net Margin
3.00 %
EPS (Earnings Per Share)
13.96 ZAR
Net Debt / EBIT
3.23
Debt/Equity
1.85
Dividend
Dividend yield
2.48 %
Est. Dividend Yield
2.73 %
Payout Ratio
55.99 %
Dividend growth Ø5Y
7.94 %
Dividend payments per year
3
Dividend paid since
29 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
20.00 %
Last updated Sep 25, 2026, 1:31 AM

Shoprite Holdings Peer Group

Shoprite Holdings Ticker

DÜSSELDORF · HY7.DUFRANKFURT · HY7.FJSE · SHP.JOOTC · SRHGF

Shoprite Holdings FIGI

SHP:SJ · BBG000BFNXZ7SHP:ZL · BBG000BWLL15SRHGF:US · BBG000BX94H8SRHGF:PQ · BBG000BX9CK6SRHGF:UV · BBG000BX9DX0SRH:NW · BBG000C22259SHP1:EO · BBG000DF9788SHP1:E1 · BBG000DFCM81SHP1:XT · BBG000DFCMQ1SHP1:XW · BBG000DFCN61SHP1EUR:EO · BBG000F0GLR9SHP1EUR:E1 · BBG000F0HYL6