The SPAR Group Ltd Logo

The SPAR Group Ltd

SPP.JO

(1.8)
Stock Price

13.642,00 ZAc

0.75% ROA

3.88% ROE

55.13x PER

Market Cap.

22.149.199.930,00 ZAc

262.52% DER

0% Yield

0.26% NPM

The SPAR Group Ltd Stock Analysis

The SPAR Group Ltd Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

The SPAR Group Ltd Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (23.93%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 Revenue Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

3 ROA

The stock's ROA (4.34%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

4 PBV

The stock's PBV ratio (2.32x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

6 DER

The company has a high debt to equity ratio (264%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

7 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

8 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (7.764), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

The SPAR Group Ltd Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

The SPAR Group Ltd Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

The SPAR Group Ltd Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

The SPAR Group Ltd Revenue
Year Revenue Growth
2005 13.737.500.000
2006 17.176.600.000 20.02%
2007 21.903.100.000 21.58%
2008 26.992.500.000 18.85%
2009 32.256.200.000 16.32%
2010 34.844.200.000 7.43%
2011 38.458.700.000 9.4%
2012 43.166.000.000 10.91%
2013 47.387.300.000 8.91%
2014 54.483.000.000 13.02%
2015 73.258.800.000 25.63%
2016 90.688.500.000 19.22%
2017 95.461.100.000 5%
2018 101.018.000.000 5.5%
2019 109.477.100.000 7.73%
2020 124.277.400.000 11.91%
2021 127.940.500.000 2.86%
2022 135.609.100.000 5.65%
2023 149.324.300.000 9.18%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

The SPAR Group Ltd Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

The SPAR Group Ltd General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 462.500.000 100%
2011 501.600.000 7.8%
2012 553.900.000 9.44%
2013 604.900.000 8.43%
2014 776.700.000 22.12%
2015 1.249.800.000 37.85%
2016 1.768.700.000 29.34%
2017 1.889.400.000 6.39%
2018 2.090.800.000 9.63%
2019 15.700.000 -13217.2%
2020 23.700.000 33.76%
2021 41.700.000 43.17%
2022 28.700.000 -45.3%
2023 4.938.200.000 99.42%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

The SPAR Group Ltd EBITDA
Year EBITDA Growth
2005 505.300.000
2006 624.800.000 19.13%
2007 805.000.000 22.39%
2008 1.017.800.000 20.91%
2009 1.176.200.000 13.47%
2010 1.437.500.000 18.18%
2011 1.552.700.000 7.42%
2012 1.669.600.000 7%
2013 1.823.800.000 8.45%
2014 2.051.300.000 11.09%
2015 2.399.800.000 14.52%
2016 3.095.900.000 22.48%
2017 3.233.400.000 4.25%
2018 3.366.000.000 3.94%
2019 3.824.600.000 11.99%
2020 5.967.800.000 35.91%
2021 5.877.900.000 -1.53%
2022 5.944.000.000 1.11%
2023 4.999.000.000 -18.9%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

The SPAR Group Ltd Gross Profit
Year Gross Profit Growth
2005 13.737.500.000
2006 17.176.600.000 20.02%
2007 21.903.100.000 21.58%
2008 26.992.500.000 18.85%
2009 32.256.200.000 16.32%
2010 2.760.500.000 -1068.49%
2011 3.122.100.000 11.58%
2012 3.444.700.000 9.37%
2013 3.820.700.000 9.84%
2014 4.497.900.000 15.06%
2015 6.366.600.000 29.35%
2016 8.407.000.000 24.27%
2017 9.630.900.000 12.71%
2018 10.793.000.000 10.77%
2019 11.659.900.000 7.43%
2020 14.779.900.000 21.11%
2021 15.359.000.000 3.77%
2022 16.299.000.000 5.77%
2023 17.945.700.000 9.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

The SPAR Group Ltd Net Profit
Year Net Profit Growth
2005 342.600.000
2006 407.600.000 15.95%
2007 523.000.000 22.07%
2008 681.600.000 23.27%
2009 745.200.000 8.53%
2010 915.800.000 18.63%
2011 952.600.000 3.86%
2012 1.058.900.000 10.04%
2013 1.190.500.000 11.05%
2014 1.345.000.000 11.49%
2015 1.420.900.000 5.34%
2016 1.815.000.000 21.71%
2017 1.820.100.000 0.28%
2018 1.827.200.000 0.39%
2019 2.163.400.000 15.54%
2020 2.074.700.000 -4.28%
2021 2.265.500.000 8.42%
2022 2.152.000.000 -5.27%
2023 401.300.000 -436.26%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

The SPAR Group Ltd Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 2
2006 2 0%
2007 3 33.33%
2008 4 25%
2009 4 0%
2010 5 20%
2011 6 0%
2012 6 16.67%
2013 7 0%
2014 8 14.29%
2015 8 12.5%
2016 10 20%
2017 9 -11.11%
2018 9 0%
2019 11 18.18%
2020 11 -10%
2021 12 9.09%
2022 11 0%
2023 2 -450%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

The SPAR Group Ltd Free Cashflow
Year Free Cashflow Growth
2005 341.200.000
2006 333.000.000 -2.46%
2007 886.000.000 62.42%
2008 -440.500.000 301.14%
2009 164.300.000 368.11%
2010 238.900.000 31.23%
2011 696.200.000 65.69%
2012 986.700.000 29.44%
2013 -746.600.000 232.16%
2014 254.300.000 393.59%
2015 735.400.000 65.42%
2016 732.800.000 -0.35%
2017 239.100.000 -206.48%
2018 1.166.800.000 79.51%
2019 -1.413.100.000 182.57%
2020 2.465.000.000 157.33%
2021 341.100.000 -622.66%
2022 660.900.000 48.39%
2023 2.352.300.000 71.9%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

The SPAR Group Ltd Operating Cashflow
Year Operating Cashflow Growth
2005 370.500.000
2006 372.700.000 0.59%
2007 924.700.000 59.7%
2008 -379.700.000 343.53%
2009 215.400.000 276.28%
2010 238.900.000 9.84%
2011 737.700.000 67.62%
2012 1.153.500.000 36.05%
2013 -443.200.000 360.27%
2014 481.200.000 192.1%
2015 1.269.300.000 62.09%
2016 1.547.300.000 17.97%
2017 1.411.200.000 -9.64%
2018 1.975.800.000 28.58%
2019 -303.800.000 750.36%
2020 3.844.000.000 107.9%
2021 1.783.400.000 -115.54%
2022 2.444.300.000 27.04%
2023 4.386.700.000 44.28%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

The SPAR Group Ltd Capital Expenditure
Year Capital Expenditure Growth
2005 29.300.000
2006 39.700.000 26.2%
2007 38.700.000 -2.58%
2008 60.800.000 36.35%
2009 51.100.000 -18.98%
2010 0 0%
2011 41.500.000 100%
2012 166.800.000 75.12%
2013 303.400.000 45.02%
2014 226.900.000 -33.72%
2015 533.900.000 57.5%
2016 814.500.000 34.45%
2017 1.172.100.000 30.51%
2018 809.000.000 -44.88%
2019 1.109.300.000 27.07%
2020 1.379.000.000 19.56%
2021 1.442.300.000 4.39%
2022 1.783.400.000 19.13%
2023 2.034.400.000 12.34%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

The SPAR Group Ltd Equity
Year Equity Growth
2005 750.800.000
2006 892.400.000 15.87%
2007 1.109.700.000 19.58%
2008 1.487.800.000 25.41%
2009 1.940.300.000 23.32%
2010 2.187.200.000 11.29%
2011 2.489.500.000 12.14%
2012 2.837.600.000 12.27%
2013 3.177.700.000 10.7%
2014 3.026.500.000 -5%
2015 3.328.400.000 9.07%
2016 5.642.900.000 41.02%
2017 6.575.000.000 14.18%
2018 7.109.800.000 7.52%
2019 7.467.300.000 4.79%
2020 7.889.700.000 5.35%
2021 8.379.100.000 5.84%
2022 10.009.100.000 16.29%
2023 10.221.600.000 2.08%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

The SPAR Group Ltd Assets
Year Assets Growth
2005 2.703.100.000
2006 3.536.600.000 23.57%
2007 5.057.500.000 30.07%
2008 5.833.900.000 13.31%
2009 6.539.800.000 10.79%
2010 7.528.900.000 13.14%
2011 8.301.600.000 9.31%
2012 9.895.300.000 16.11%
2013 9.785.700.000 -1.12%
2014 16.946.100.000 42.25%
2015 19.330.300.000 12.33%
2016 27.355.800.000 29.34%
2017 28.210.600.000 3.03%
2018 31.255.500.000 9.74%
2019 34.052.900.000 8.21%
2020 52.738.600.000 35.43%
2021 52.066.800.000 -1.29%
2022 57.118.200.000 8.84%
2023 61.595.800.000 7.27%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

The SPAR Group Ltd Liabilities
Year Liabilities Growth
2005 1.952.300.000
2006 2.644.200.000 26.17%
2007 3.947.800.000 33.02%
2008 4.346.100.000 9.16%
2009 4.599.500.000 5.51%
2010 5.341.700.000 13.89%
2011 5.812.100.000 8.09%
2012 7.057.700.000 17.65%
2013 6.608.000.000 -6.81%
2014 13.919.600.000 52.53%
2015 16.001.900.000 13.01%
2016 21.712.900.000 26.3%
2017 21.635.600.000 -0.36%
2018 24.145.700.000 10.4%
2019 26.585.600.000 9.18%
2020 44.848.900.000 40.72%
2021 43.687.700.000 -2.66%
2022 47.109.100.000 7.26%
2023 51.374.200.000 8.3%

The SPAR Group Ltd Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
776.2
Net Income per Share
2.09
Price to Earning Ratio
55.13x
Price To Sales Ratio
0.15x
POCF Ratio
5.04
PFCF Ratio
9.42
Price to Book Ratio
2.17
EV to Sales
0.32
EV Over EBITDA
9.45
EV to Operating CashFlow
10.77
EV to FreeCashFlow
20.09
Earnings Yield
0.02
FreeCashFlow Yield
0.11
Market Cap
22,15 Bil.
Enterprise Value
47,26 Bil.
Graham Number
49.92
Graham NetNet
-240.6

Income Statement Metrics

Net Income per Share
2.09
Income Quality
2.41
ROE
0.04
Return On Assets
0.01
Return On Capital Employed
0.08
Net Income per EBT
0.41
EBT Per Ebit
0.4
Ebit per Revenue
0.02
Effective Tax Rate
0.54

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.12
Operating Profit Margin
0.02
Pretax Profit Margin
0.01
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
4.41
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
22.8
Free CashFlow per Share
12.23
Capex to Operating CashFlow
-0.46
Capex to Revenue
-0.01
Capex to Depreciation
-0.9
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
49.39
Days of Inventory on Hand
18.78
Receivables Turnover
0
Payables Turnover
7.39
Inventory Turnover
19.43
Capex per Share
-10.57

Balance Sheet

Cash per Share
8,88
Book Value per Share
53,10
Tangible Book Value per Share
10.29
Shareholders Equity per Share
53.1
Interest Debt per Share
146.66
Debt to Equity
2.63
Debt to Assets
0.44
Net Debt to EBITDA
5.02
Current Ratio
0.94
Tangible Asset Value
1,98 Bil.
Net Current Asset Value
-23,15 Bil.
Invested Capital
2.63
Working Capital
-1,76 Bil.
Intangibles to Total Assets
0.13
Average Receivables
0,00 Bil.
Average Payables
16,60 Bil.
Average Inventory
6657100000
Debt to Market Cap
1.21

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

The SPAR Group Ltd Dividends
Year Dividends Growth
2005 95
2006 123 23.58%
2007 185 33.51%
2008 255 27.45%
2009 322 20.81%
2010 362 11.05%
2011 377 3.98%
2012 430 12.33%
2013 485 11.34%
2014 540 10.19%
2015 632 14.56%
2016 665 4.96%
2017 675 1.48%
2018 729 7.41%
2019 800 8.88%
2020 865 7.51%
2021 816 -6%
2022 400 -104%

The SPAR Group Ltd Profile

About The SPAR Group Ltd

The SPAR Group Ltd engages in the wholesale and distribution of goods and services to SPAR grocery stores and various other branded group retail outlets in Southern Africa, Ireland, Switzerland, and Poland. The company offers fresh produce, in-store bakery, butchery, deli, ready-to-eat meals, home-meal replacements, groceries, general merchandise, baked foods, liquor products, Building and hardware products, dispensary and health-related products, confectionery, health and beauty, frozen foods, catering products, wines, and non-food items. It operates 4,357 stores. The SPAR Group Ltd was founded in 1932 and is headquartered in Pinetown, South Africa.

CEO
Mr. Angelo Swartz
Employee
10.512
Address
22 Chancery Lane
Pinetown, 3610

The SPAR Group Ltd Executives & BODs

The SPAR Group Ltd Executives & BODs
# Name Age
1 Mr. Desmond Borrageiro
Managing Director of SPAR South Rand Division
70
2 Mr. Angelo Swartz
Group Chief Executive Officer & Executive Director
70
3 Mr. Mike Grant Prentice B.Com., L.L.B.
Group Marketing Executive
70
4 Mr. Robert Grant Philipson
Chief Executive Officer of Switzerland & Poland
70
5 Mr. Mark Wayne Godfrey B.Com., C.A., CA(SA)
Group Chief Financial Officer & Executive Director
70
6 Mr. Kevin James O'Brien B.A., BSocSc (Hons), L.L.B.
Group Chief ESG Officer
70
7 Ms. Thulisile Tabudi
Group Human Resources Executive
70
8 Ms. Megan Loanne Pydigadu
Group Chief Operating Officer & Executive Director
70
9 Mr. Mark Huxtable
Chief Information Officer & Group IT Executive
70
10 Ms. Kerry Becker
Investor Relations Consultant
70

The SPAR Group Ltd Competitors