Page 214 - SHB 2021 Issue 4

JSE – SPA Profile’s Stock Exchange Handbook: 2021 – Issue 4
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
REG NO: 1967/001572/06 FOUNDED: 1967 LISTED: 2004 Int Cover 10.46 7.83 18.63 105.87 n/a
Current Ratio 1.01 0.97 1.09 1.13 1.16
NATURE OF BUSINESS: Div Cover 2.20 1.25 1.41 1.32 1.41
SPAR is a warehousing and wholesale distribution business, NUMBER OF EMPLOYEES: 10 168
supplying goods and services to independently owned DIRECTORS: Canny J (ind ne), Koyana L (ind ne),
Waller A G (ld ind ne), Botten B (CEO),
retailers, trading predominantly under the SPAR retail brand. Godfrey M W (Group FD), Mashologu M (ind ne),
Part of a global organisation, The SPAR Group Ltd is the only Mehta H K (ind ne), Mnganga Dr P (ind ne),
SPAR listed entity and is the registered licensee of the SPAR O’Connor G O (Chair, ne)
brand in parts of Southern Africa including South Africa, as POPULAR BRAND NAMES: S Buys Group, SPAR,
SUPERSPAR, KWIKSPAR, SPAR Express, TOPS
wellasSwitzerland,IrelandandPoland.Thenatureoftherela- at SPAR, Pharmacy at SPAR, Bean Tree, SaveMor,
tionship between the company and independently owned Scan the QR code to Build it, EUROSPAR, MACE, XL, Value Centre,
stores is one of joint co-operation for the benefit of the visit our website Londis, Maxi
POSTALADDRESS:POBox1589,Pinetown,3600
members of this association. SPAR’s primary revenue stream EMAIL: kyla.armstrong@spar.co.za
is derived from the provision of goods and services to its WEBSITE: www.spar.co.za
member stores. The financial performance of independent TELEPHONE: 031-719-1900
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 17 Nov 2021 Confirmed
SPAR and SPAR Encore (private label procurement). In Annual General Meeting Feb 2022 Unconfirmed
Ireland (and South West England) its brands include SPAR, Next Interim Results May 2022 Unconfirmed
Eurospar, MACE, XL, Londis and VALUE CENTRE. In Swit-
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
presence in 48 countries), the world’s leading voluntary food Final No 32 8 Dec 20 14 Dec 20 665.00
retail chain and the biggest independent supermarket retail Interim No 31 9 Jun 20 15 Jun 20 200.00
network in the world. This global brand, prides itself on sup- Final No 30 3 Dec 19 9 Dec 19 516.00
porting independent retailers, working in partnership to LIQUIDITY: Sep21 Ave 4m shares p.w., R672.7m(97.9% p.a.)
provide a high quality, value for money shopping experience FOOR 40 Week MA SPAR
for the communities it serves.
SECTOR: CnsStp—PcDrugs&Groceries—PcDrugs&Groceries—Food 23468
MAJOR ORDINARY SHAREHOLDERS as at 30 Sep 2020
Government Employees Pension Fund 18.39% 21413
Coronation Fund Managers 7.56%
19359
FINANCIAL STATISTICS
(R million) Mar 21 Sep 20 Sep 19 Sep 18 Sep 17
Interim Final Final Final(rst) Final(rst) 17304
Turnover 64 241 124 277 109 477 101 018 95 373 15250
Op Inc 1 710 3 443 2 979 2 779 2 576 2016 | 2017 | 2018 | 2019 | 2020 | 2021
NetIntPd(Rcvd) 163 404 158 24 - 17
Tax 390 740 618 637 645 Recent Announcements
Minority Int - 35 - 119 - - - Friday, 23 July 2021: Headquartered in Durban, Spar has been
Att Inc 1 187 2 075 2 163 1 827 1 821 shocked and deeply saddened by the recent civil unrest in
TotCompIncLoss 1 061 2 433 1 843 2 091 2 231 KwaZulu-Natal (KZN) and parts of Gauteng. The full extent of
Hline Erngs-CO 1 195 2 184 2 173 1 860 1 835 the financial impact on the Group is still being determined,
Fixed Ass 8 029 8 725 7 184 6 652 6 554
Inv in Assoc 78 103 103 157 117 however this announcement serves as an update to sharehold-
Inv & Loans 862 795 1 132 696 406 ers of our preliminary assessment as of 22 July 2021.
Def Tax Asset 271 223 75 14 21
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
Minority 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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