The SPAR Group Ltd (SPP.JO)
Pinetown, ZA
The SPAR Group Ltd, headquartered in Pinetown, South Africa since its establishment in 1932, operates as a prominent wholesaler and distributor. The company delivers a comprehensive array of merchandise and services to its vast network of 4,357 SPAR grocery stores and other proprietary retail outlets. Its geographical reach extends across Southern Africa, Ireland, Switzerland, and Poland. The diverse product offerings encompass perishable goods such as fresh produce, butchery items, deli selections, and frozen foods, alongside in-store bakery and baked products, ready-to-eat meals and home-meal replacements. Furthermore, SPAR supplies general groceries, liquor and wines, building and hardware materials, dispensary and health-related items, confectionery, health and beauty products, catering supplies, and a variety of non-food goods.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| +5.88% | +8.07% | -13.41% | -15.54% | -41.26% | -42.51% | -51.26% | -45.05% | -71.07% | -72.65% | -21.57% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 6 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Food Distribution: +7.7%-13.7% Q1'26: +3.2% (vs Q1'24)
-
EPS growth Food Distribution: +4.1%-1,470.0% Q1'26: +153.3% (vs Q1'24)
-
FCF margin FCF growth · Food Distribution: +15.4%+2.0% ★ Q1'26: -2.0% (vs Q1'24)
-
EBIT margin Food Distribution: +3.6%+2.0% Q1'26: +1.2% (vs Q1'24)
-
ROIC Food Distribution: +6.5%+8.8% ★ Q1'26: +13.0% (vs Q1'24)
-
Share dilution Food Distribution: +0.0%+0.0% Q1'26: 0.0% (vs Q1'24)
-
Debt / EBITDA Net debt/EBITDA · Food Distribution: 0.80×3.88× Q1'26: 3.04× (vs Q1'24)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Sep 2015 actual |
Sep 2016 actual |
Sep 2017 actual |
Sep 2018 actual |
Sep 2019 actual |
Sep 2020 actual |
Sep 2021 actual |
Sep 2022 actual |
Sep 2023 actual |
Sep 2024 actual |
Sep 2025 actual |
Sep 2026 7 Rev. Ana. 5 EPS Ana. |
Sep 2027 8 Rev. Ana. 6 EPS Ana. |
Sep 2028 6 Rev. Ana. 2 EPS Ana. |
Sep 2029 4 Rev. Ana. 1 EPS Ana. |
Sep 2030 3 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
73.26B
est: 73.83B (-0.8%)
|
90.69B
est: 91.56B (-1.0%)
|
95.46B
est: 97.75B (-2.3%)
|
101.02B
est: 100.77B (+0.2%)
|
109.48B
est: 108.90B (+0.5%)
|
124.28B
est: 121.09B (+2.6%)
|
127.94B
est: 128.28B (-0.3%)
|
135.61B
est: 134.56B (+0.8%)
|
146.46B
est: 154.94B (-5.5%)
|
152.34B
est: 154.28B (-1.3%)
|
131.46B
est: 131.97B (-0.4%)
|
133.93B
132.18B – 136.55B
+1.5% YoY
|
138.28B
134.40B – 145.93B
+3.3% YoY
|
142.91B
142.39B – 143.43B
+3.3% YoY
|
149.43B
146.34B – 155.09B
+4.6% YoY
|
156.56B
153.32B – 162.49B
+4.8% YoY
|
| EBITDA |
2.46B
est: 2.89B (-15.0%)
|
3.18B
est: 3.59B (-11.4%)
|
3.38B
est: 3.83B (-11.7%)
|
3.46B
est: 3.95B (-12.5%)
|
3.88B
est: 4.27B (-9.2%)
|
5.69B
est: 4.75B (+19.8%)
|
5.92B
est: 5.03B (+17.8%)
|
6.01B
est: 5.28B (+13.9%)
|
5.24B
est: 6.07B (-13.8%)
|
5.75B
est: 6.05B (-5.0%)
|
4.20B
est: 5.17B (-18.9%)
|
5.25B
5.18B – 5.35B
+1.5% YoY
|
5.42B
5.27B – 5.72B
+3.3% YoY
|
5.60B
5.58B – 5.62B
+3.3% YoY
|
5.86B
5.74B – 6.08B
+4.6% YoY
|
6.14B
6.01B – 6.37B
+4.8% YoY
|
| EBIT |
2.07B
est: 1.83B (+12.9%)
|
2.55B
est: 2.27B (+12.0%)
|
2.64B
est: 2.43B (+8.7%)
|
2.73B
est: 2.50B (+9.2%)
|
3.12B
est: 2.70B (+15.6%)
|
3.71B
est: 3.00B (+23.6%)
|
3.94B
est: 3.18B (+23.9%)
|
4.02B
est: 3.34B (+20.4%)
|
3.08B
est: 3.84B (-19.9%)
|
3.49B
est: 3.83B (-8.8%)
|
2.59B
est: 3.27B (-20.9%)
|
3.32B
3.28B – 3.39B
+1.5% YoY
|
3.43B
3.34B – 3.62B
+3.3% YoY
|
3.55B
3.53B – 3.56B
+3.3% YoY
|
3.71B
3.63B – 3.85B
+4.6% YoY
|
3.89B
3.80B – 4.03B
+4.8% YoY
|
| Net Income |
1.42B
est: 1.69B (-16.1%)
|
1.82B
est: 1.93B (-5.8%)
|
1.82B
est: 1.93B (-5.9%)
|
1.83B
est: 2.00B (-8.6%)
|
2.16B
est: 2.16B (+0.2%)
|
2.07B
est: 2.02B (+2.5%)
|
2.27B
est: 2.40B (-5.8%)
|
2.15B
est: 2.34B (-8.0%)
|
401.30M
est: 338.30M (+18.6%)
|
351.90M
est: 1.71B (-79.5%)
|
-4.83B
est: 1.93B (-349.6%)
|
1.33B
975.45M – 1.77B
-31.4% YoY
|
1.69B
1.13B – 2.01B
+27.1% YoY
|
1.67B
1.63B – 1.97B
-1.2% YoY
|
2.64B
2.57B – 2.77B
+58.5% YoY
|
3.04B
2.96B – 3.19B
+15.1% YoY
|
| SGA |
4.86B
est: 5.43B (-10.5%)
|
7.36B
est: 6.74B (+9.2%)
|
8.76B
est: 7.19B (+21.8%)
|
10.00B
est: 7.42B (+34.9%)
|
10.94B
est: 8.01B (+36.5%)
|
23.70M
est: 8.91B (-99.7%)
|
1.40B
est: 9.44B (-85.2%)
|
1.56B
est: 9.90B (-84.3%)
|
17.68B
est: 11.40B (+55.1%)
|
18.51B
est: 11.35B (+63.0%)
|
13.58B
est: 9.71B (+39.8%)
|
9.86B
9.73B – 10.05B
+1.5% YoY
|
10.18B
9.89B – 10.74B
+3.3% YoY
|
10.52B
10.48B – 10.55B
+3.3% YoY
|
11.00B
10.77B – 11.41B
+4.6% YoY
|
11.52B
11.28B – 11.96B
+4.8% YoY
|
| EPS |
8.21
est: 8.79 (-6.6%)
|
10.10
est: 10.00 (+1.0%)
|
9.46
est: 10.04 (-5.8%)
|
9.49
est: 10.38 (-8.5%)
|
11.24
est: 11.21 (+0.3%)
|
10.79
est: 10.50 (+2.7%)
|
11.76
est: 12.48 (-5.7%)
|
11.18
est: 12.08 (-7.4%)
|
2.09
est: 1.76 (+18.9%)
|
1.83
est: 8.79 (-79.2%)
|
-25.07
est: 9.92 (-352.7%)
|
7.19
5.06 – 9.21
-27.5% YoY
|
8.20
5.88 – 10.44
+14.1% YoY
|
9.34
8.47 – 10.20
+13.8% YoY
|
13.71
13.34 – 14.39
+46.9% YoY
|
15.79
15.36 – 16.56
+15.1% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-06-10 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-09 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-08 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-03 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-02 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-06-01 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-27 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-26 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-25 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-19 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-18 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-15 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-14 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-13 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-12 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-11 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-08 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-07 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-06 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-05 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-04 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-30 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-29 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-28 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-24 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-23 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-22 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-21 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-20 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-17 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-04-16 | C | 2/5 | 5/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE | 0.06% | 215.9K | 0.58% |
| 2 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.04% | 225.7K | 0.55% |
| 3 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.03% | 126.6K | 0.72% |
| 4 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.03% | 109.6K | 0.74% |
| 5 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.01% | 2.12M | 0.06% |
| 6 | Avantis Responsible Emerging Markets Equity ETF AVSE | 0.01% | 30.3K | 0.33% |
| 7 | Avantis Emerging Markets Equity ETF AVEM | 0.01% | 2.29M | 0.33% |
| 8 | Dimensional - Emerging Markets Core Equity 2 ETF DFEM | 0.01% | 683.6K | 0.39% |
| 9 | Vanguard FTSE Emerging Markets Shares ETF VGE.AX | 0.01% | 70.6K | 0.48% |
| 10 | Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO | 0.01% | 159.2K | 0.26% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Angelo Swartz | Executive Officer | 16M | male |
| Moegamat Reeza Isaacs | Group Chief Executive Officer & Executive Director | 15M | male |
| Megan Loanne Pydigadu | Group Chief Financial Officer & Executive Director | 15M | female |
| Leo Crawford | Chief Executive Officer of Ireland & South West England | — | male |
| Mike Grant Prentice | Group Marketing Executive | — | male |
| Robert Grant Philipson | Chief Executive Officer of Switzerland & Poland | — | male |
| Thulisile Tabudi | Group Human Resources Executive | — | female |
| Zihle Nonganga | Group Executive: Investor Relations & Communications | — | — |
| Desmond Borrageiro | Managing Director of SPAR South Rand Division | — | male |
| Kevin James O'Brien BSocSc | Group Chief ESG Officer | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for SPP.JO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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