Page 214 - Profile's Stock Exchange Handbook - 2021 Issue 3

JSE – SPA Profile’s Stock Exchange Handbook: 2021 – Issue 3
3 Yr Beta 0.18 0.07 0.64 1.05 0.95
The SPAR Group Ltd. Price High 21 347 21 622 21 072 22 700 20 499
Price Low 17 111 14 225 16 418 16 553 15 018
SPA
Price Prd End 18 989 18 965 19 101 18 413 16 708
RATIOS
Ret on SH Fnd 30.21 24.79 28.97 25.70 27.75
Ret On Tot Ass 7.05 6.50 9.69 10.36 10.41
Oper Pft Mgn 2.66 2.77 2.72 2.75 2.70
D:E 3.17 2.70 1.46 1.13 1.24
ISIN: ZAE000058517 SHORT: SPAR CODE: SPP Int Cover 10.46 7.83 18.63 105.87 n/a
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 Current Ratio 1.01 0.97 1.09 1.13 1.16
Div Cover 2.20 1.25 1.41 1.32 1.41
NATURE OF BUSINESS: NUMBER OF EMPLOYEES: 10 168
SPAR is a warehousing and wholesale distribution business, DIRECTORS: Canny J (ind ne), Koyana L (ind ne),
supplying goods and services to independently owned Waller A G (ld ind ne), Botten B (CEO),
Godfrey M W (Group FD),
retailers, trading predominantly under the SPAR retail brand. Mashologu M (ind ne), Mehta H K (ind ne),
Part of a global organisation, The SPAR Group Ltd is the only Mnganga Dr P (ind ne), O'Connor G O (Chair, ne)
SPAR listed entity and is the registered licensee of the SPAR POPULAR BRAND NAMES: S Buys Group, SPAR,
brand in parts of Southern Africa including South Africa, as SUPERSPAR, KWIKSPAR, SPAR Express, TOPS
wellasSwitzerland,IrelandandPoland.Thenatureoftherela- at SPAR, Pharmacy at SPAR, Bean Tree, SaveMor,
Scan the QR code to Build it, EUROSPAR, MACE, XL, Value Centre,
tionship between the company and independently owned visit our website Londis, Maxi
stores is one of joint co-operation for the benefit of the POSTAL ADDRESS: PO Box 1589, Pinetown,
members of this association. SPAR's primary revenue stream 3600
is derived from the provision of goods and services to its EMAIL: kyla.armstrong@spar.co.za
member stores. The financial performance of independent WEBSITE: www.spar.co.za
TELEPHONE: 031-719-1900 FAX: 031-719-1990
retailers does not form part of the company's financial results. COMPANY SECRETARY: Kevin O'Brien (Acting)
SPAR operates under a ‘voluntary trading model' whereby TRANSFER SECRETARY: JSE Investor Services (Pty) Ltd.
retailers may also source goods from local traders, thereby SPONSOR: One Capital
supporting their local communities. AUDITORS: PwC Inc.
In South Africa, SPAR’s brands include SUPERSPAR, SPAR, BANKERS: Rand Merchant Bank Ltd.
KWIKSPAR, SPAR Express (groceries), TOPS at SPAR CALENDAR Expected Status
(liquor), SaveMor, Build it (building materials), Pharmacy at Next Final Results Nov 2021 Unconfirmed
SPAR and SPAR Encore (private label procurement). In Annual General Meeting Feb 2022 Unconfirmed
Ireland (and South West England) its brands include SPAR,
Eurospar, MACE, XL, Londis and VALUE CENTRE. In Swit- Next Interim Results May 2022 Unconfirmed
zerland, its brands include SPAR, SPAR Express, MAXI and CAPITAL STRUCTURE AUTHORISED ISSUED
TopCC. In Poland it’s brands include Piotr i Pawel (in the SPP Ords of 0.06c ea 250 000 000 192 602 355
process of conversion to SPAR) and SPAR. SPAR also has a DISTRIBUTIONS [ZARc]
joint venture operation in Sri Lanka. Ords of 0.06c ea Ldt Pay Amt
SPAR is part of the SPAR international organisation (with Interim No 33 8 Jun 21 14 Jun 21 280.00
Final No 32 8 Dec 20 14 Dec 20 665.00
presence in 48 countries), the world’s leading voluntary food Interim No 31 9 Jun 20 15 Jun 20 200.00
retail chain and the biggest independent supermarket retail Final No 30 3 Dec 19 9 Dec 19 516.00
network in the world. This global brand, prides itself on sup- LIQUIDITY: Jun21 Ave 4m shares p.w., R767.1m(113.5% p.a.)
porting independent retailers, working in partnership to
FOOR 40 Week MA SPAR
provide a high quality, value for money shopping experience
for the communities it serves.
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food 23468
MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2020
21413
Government Employees Pension Fund 18.39%
Coronation Fund Managers 7.56%
19359
FINANCIAL STATISTICS
(R million) Mar 21 Sep 20 Sep 19 Sep 18 Sep 17 17304
Interim Final Final Final(rst) Final(rst)
Turnover 64 241 124 277 109 477 101 018 95 373 2016 | 2017 | 2018 | 2019 | 2020 | 15250
Op Inc 1 710 3 443 2 979 2 779 2 576
NetIntPd(Rcvd) 163 404 158 24 - 17 Recent Announcements
Tax 390 740 618 637 645 Spar interim results March 2021 - Tuesday, 25 May 2021: Revenue
Minority Int - 35 - 119 - - -
Att Inc 1 187 2 075 2 163 1 827 1 821 from sale of merchandise increased to R64.241 billion (2020:
TotCompIncLoss 1 061 2 433 1 843 2 091 2 231 R59.749 billion), gross profit rose to R7.566 billion (2020:
Hline Erngs-CO 1 195 2 184 2 173 1 860 1 835 R6.729 billion), operating profit climbed to R1.710 billion
Fixed Ass 8 029 8 725 7 184 6 652 6 554 (2020: R1.335 billion), profit after taxation attributable to
Inv in Assoc 78 103 103 157 117 equity holders of the company jumped to R1.187 billion (2020:
Loans & Receivables 862 795 1 132 696 406 R750.4 million), while headline earnings per share grew to
Def Tax Asset 271 223 75 14 21 620.7 cents per share (2020: 408 cents per share).
Tot Curr Ass 22 922 24 363 19 841 18 176 17 021
Ord SH Int 7 721 7 960 7 467 7 110 6 560
Non-Cont Int - 94 - 70 - - -
LT Liab 20 149 19 694 8 405 8 037 7 875
Tot Curr Liab 22 735 25 155 18 181 16 108 14 541
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 616.40 1 078.70 1 124.10 948.90 945.50
HEPS-C (ZARc) 620.70 1 135.30 1 129.10 965.70 952.80
Pct chng p.a. 9.3 0.5 16.9 1.4 - 6.6
Tr 5yr av grwth % - 6.9 8.1 7.2 9.5
DPS (ZARc) 280.00 865.00 800.00 729.00 675.00
Pct chng p.a. - 8.1 9.7 8.0 1.5
Tr 5yr av grwth % - 6.5 8.3 8.6 9.6
NAV PS (ZARc) 3 961.10 4 102.20 3 879.90 3 692.20 3 407.00
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