Shoprite Holdings Limited (SRGHY) Stock

About Shoprite Holdings Limited

Shoprite Holdings Limited functions as an investment holding company, primarily focusing on the food retail sector within South Africa and extending its reach to various international markets. The company's operations are divided into four main divisions: Supermarkets located in South Africa, Supermarkets situated outside of South Africa, Furniture retail, and a category encompassing Other Operating segments. Beyond its core grocery offerings, Shoprite diversifies its product range to include apparel, general merchandise, cosmetic items, and alcoholic beverages. It also supplies an extensive selection of furniture, home entertainment systems, floor coverings, household electrical appliances, and soft furnishings. Furthermore, the company plays a crucial role in pharmaceutical distribution, supplying a wide array of medical products and surgical equipment to pharmacies, hospitals, clinics, individual dispensing doctors, and veterinary practices. As of July 4, 2021, Shoprite Holdings managed a vast network of 2,913 stores operating under numerous well-known brand names. These include prominent supermarket chains like Shoprite, Checkers, and Usave, alongside specialized outlets such as Shoprite LiquorShop, House & Home, MediRite Pharmacy, and service providers like Computicket, among many others. In addition to its retail activities, the company provides diverse services, including ticketing, vehicle rental, and accommodation solutions. It also offers expert management services for stadiums, capacity planning, travel logistics, and access control, coupled with short-term insurance and treasury management services. Shoprite Holdings Limited was established in 1979 and has its corporate headquarters in Brackenfell, South Africa.

Shoprite Holdings Limited is headquartered in ZA.

Shoprite Holdings Limited (SRGHY) stock trades at $17.45 with a market capitalization of $9.43B. The stock is valued at a price-to-earnings (P/E) ratio of 20.43, price-to-book of 5.03, price-to-sales of 0.59. Over the past 52 weeks the stock has ranged between $14.70 and $18.50, and currently trades 5.7% below its 52-week high. It pays a dividend yielding 2.06%.

On profitability, Shoprite Holdings Limited generates a return on equity (ROE) of 24.87% — well above the market average, a sign of a high-quality business, return on capital employed of 17.75%, an operating margin of 5.71%, a net profit margin of 2.90%.

Official website: www.shopriteholdings.co.za