SPAR Group (SPP.JO) Stock Price

SPAR Group Price

JSE·CLOSED
42.06
​
Market closed

Revenue has compounded at 11.3% per year over the past 19 years to 131.46 B ZAR. Earnings per share have declined at 1.3% per year over the last 18 years. SPAR Group's net margin stands at -3.7%, down from 1.8% several years earlier. SPAR Group currently offers a dividend yield of about 5.35%. The payout ratio is around 62% of earnings. The dividend has grown at 3.6% per year over the past 17 years. Analysts set a median price target of 116.79 ZAR, implying 177.7% above the current price. Of 13 analysts, 6 rate the stock a buy — an overall Hold consensus.

SPAR Group stock price

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SPAR Group business model & stock analysis

The SPAR Group Ltd is an internationally active trading company that originated in South Africa. It was founded in 1963 by Jack Goldin and Central Market to unite regional retailers under one roof and give them more collective competitive strength. Over the following decades, the company successfully expanded and is now one of the largest retail chains worldwide. SPAR's business model is to support independent retailers by providing them with the infrastructure, marketing, and purchasing advantages of a large trading chain. The retailers operate their stores under the SPAR brand, but can largely act independently and benefit from the advantages of the partnership. This partnership allows the company to quickly and effectively respond to market changes without neglecting the local connections of the stores. SPAR operates in various business areas, including retailing groceries, hardware stores, and larger shopping centers. The company aims to offer a wide range of products to meet different customer needs. In addition to groceries, the offering includes non-food items such as clothing, household goods, electronics, and more. The largest division of SPAR is the retailing of groceries, which includes over 14,000 stores in more than 45 countries. The grocery stores offer a wide range of fresh products, canned goods, snacks, beverages, and more. The products are carefully selected and can vary depending on the region and customer preferences. SPAR aims to offer high-quality food at affordable prices and thus ensure basic supplies in local communities. In addition to grocery retailing, SPAR also operates hardware stores where DIY enthusiasts can find everything they need for their projects. The hardware stores largely offer the same range as other major companies in the industry, but customers benefit from a more personal service and higher product quality. Another pillar of SPAR is larger shopping centers with a variety of shops and services. These centers are often the focal point of the local community and offer customers a variety of shopping opportunities in one place. Most of the operated shopping centers are modern and environmentally conscious, aiming to satisfy customers and the environment alike. The SPAR Group Ltd is committed to promoting sustainable business practices and supporting its retailers in implementing environmentally conscious measures. The company actively advocates for recycling, biodiversity, renewable energy, and reducing plastic waste. The goal is to minimize environmental impact and promote sustainable business practices in all areas. Overall, SPAR is a dynamic trading company with a wide range of products and services. The company has shown that it can quickly adapt to market demands without neglecting local communities and customer service. Through its partnerships with independent retailers, SPAR is able to better understand and meet the needs of local customers.

Frequently asked questions about SPAR Group

The business model of SPAR Group Ltd is focused on providing merchandising and marketing services to retailers and manufacturers worldwide. With a global presence, SPAR Group offers various services including in-store merchandising, product sourcing, event marketing, and field marketing. By partnering with retailers and manufacturers, SPAR Group assists in driving sales, improving brand visibility, and optimizing the merchandising process. Utilizing their expertise in retail execution, SPAR Group aims to enhance the overall shopping experience for customers and help clients achieve their marketing and sales goals efficiently.

SPAR Group Ltd is primarily active in the retail and consumer packaged goods industries.

The main competitors of SPAR Group Ltd in the market are primarily companies such as Acosta, Advantage Solutions, Crossmark, and The Instore Group. These competitors operate in similar industries and offer similar services in the areas of retail merchandising, marketing services, and in-store sales support. SPAR Group Ltd faces strong competition from these companies in terms of market share, customer acquisition, and service quality. However, with its established reputation, diverse client base, and strategic market positioning, SPAR Group Ltd continues to thrive in the competitive landscape.

SPAR Group Ltd is a renowned global provider of retail merchandising and marketing services. Established in 1967, the company has amassed an impressive history of expertise and innovation. With operations spanning over 10 countries, including the United States, Brazil, and Australia, SPAR Group Ltd has established itself as a leader in the industry. By offering a comprehensive range of services such as product demonstrations, in-store promotions, and retail analytics, the company helps brands enhance their visibility and drive sales. SPAR Group Ltd's commitment to delivering exceptional results has earned them a strong reputation and numerous long-term partnerships, solidifying their position as a trusted service provider in the retail industry.

Over the years, SPAR Group Ltd has achieved several significant milestones. It has successfully expanded its operations to over 10 countries, establishing a strong global presence. The company has also experienced consistent growth in its revenue and market share, thanks to its strategic acquisitions and partnerships. SPAR Group Ltd has been recognized for its excellence in the retail services industry, receiving numerous awards and accolades. Furthermore, the company continues to enhance its technology-driven solutions, enabling efficient and cost-effective services for its clients. Overall, SPAR Group Ltd's dedication to innovation, global expansion, and customer-centric approach has contributed to its remarkable achievements and position as a market leader.

SPAR Group Ltd is primarily present in various countries and regions worldwide. Some of the key regions where the company operates include North America, Latin America, Europe, Africa, and Asia. With its extensive presence, SPAR Group Ltd has established a strong global footprint, offering its services and solutions to clients across different industries in these regions.

SPAR Group Ltd represents a strong set of values and corporate philosophy. The company's core values include excellence, integrity, and teamwork. SPAR Group Ltd is committed to maintaining the highest standards of excellence through its dedicated and talented team members. With a focus on integrity, the company ensures transparency, honesty, and ethical practices in every aspect of its operations. The corporate philosophy of SPAR Group Ltd revolves around delivering exceptional service, fostering strong client relationships, and cultivating a culture of innovation. By consistently upholding these values, SPAR Group Ltd sets itself apart as a trusted and reliable partner in the stock market.

Analysts currently set an average price target of 123.55 ZAR for the SPAR Group stock (median: 116.79 ZAR), implying +193.7 % versus the latest price. The consensus is based on 13 analyst ratings.

13 analysts currently rate the SPAR Group stock: 6 recommend buying, 7 holding and 0 selling. For 2026, analysts expect SPAR Group to generate revenue of 133.91 B ZAR and earnings per share of 4.93 ZAR.

Converted at the current exchange rate, the SPAR Group share trades at 2.24 EUR (42.06 ZAR).

The SPAR Group share (SPP.JO) is listed on 2 stock exchanges, including: JSE (Johannesburg) (SPP.JO).

SPAR Group Ltd is an internationally operating company that provides services to various industries. The company's business area consists of three main divisions: Retail Solutions, Manufacturing, and Logistics.

The expected revenue of SPAR Group is 133.91 B ZAR. This figure is based on current financial data and reflects the company's business performance.

The expected profit of SPAR Group is 948.55 M ZAR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of SPAR Group is currently 8.54. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the SPAR Group stock.

The price-to-sales ratio (P/S) of SPAR Group is currently 0.06. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the SPAR Group stock.

The Eulerpool Quality Score for SPAR Group is 2/10.

The ISIN of SPAR Group is ZAE000058517. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of SPAR Group is A0DKNA. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of SPAR Group is SPP.JO. The ticker symbol is used to trade SPAR Group shares on the stock exchange.

Fair ValueTerminal
36.59 ZAR
Over-/UndervaluationTerminal
Fairly valued
Industry
Food & Staples Retailing
Number of shares
Employees
Revenue per Employee
12.93 M ZAR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website spar.co.za
Country
South Africa
Currency
ZAR
Initial public offering
Oct 18, 2004
ISIN
ZAE000058517
Cusip
S8050H104
Sedol
B038WK4
Market capitalization
8.10 B ZARMid Cap
52-Week Range
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
-0.07
P/E ratio
P/Ee 2026
8.54
P/Ee 2027
5.77
P/Ee 2028
4.91
P/Ee 2029
3.62
P/Ee 2030
3.10
P/S
P/Se
0.06
EV/EBIT
8.13
P/B Ratio
1.52
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
-22.37 %
Gross Margin
10.76 %
EBIT Margin
2.02 %
Net Margin
-3.67 %
EPS (Earnings Per Share)
-25.07 ZAR
Net Debt / EBIT
5.08
Debt/Equity
3.06
Dividend
Dividend yield
0.00 %
Est. Dividend Yield
10.89 %
Payout Ratio
51.17 %
Dividend growth Ø5Y
-11.31 %
Dividend payments per year
2
Dividend paid since
0 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
20.00 %
Last updated Oct 2, 2026, 4:01 AM

SPAR Group Peer Group

SPAR Group Ticker

JSE · SPP.JOOTC · SGPPF

SPAR Group FIGI

S8A:GR · BBG000Q5MVG9S8A:GB · BBG000Q5MXY5SPP:SJ · BBG000Q8ZZM3SGPPF:US · BBG000QQKKJ6SGPPF:PQ · BBG000QQKPJ5SGPPF:UV · BBG000QQKQS3SPP:EO · BBG000R3HSN8SPP:E1 · BBG000R3HYT9SPP:XT · BBG000R3HYX4SPP:XW · BBG000R3HZP0SPPEUR:EO · BBG000R962X3SPPEUR:E1 · BBG000R96B27

All fundamentals and in-depth analysis of SPAR Group

Our stock analysis for SPAR Group stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of SPAR Group. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.