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Shoprite Holdings (SHP) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 153B ZAC

SH Shoprite Holdings SHP · JSE
PriceR283.70
Fair ValueR308.64
Upside+8.8%
Quality60/100
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Evidence: High Range R177.80 – R385.80

Fair value as of: Jul 12, 2026

From 26 valuation models · updated 5 days ago

Share price −3.5% over the past month.

Price vs Fair Value (12 months)

R300.27 R251.67 Fair Value R308.64 Jul 2025 Jul 2026

12‑month range R251.67 – R300.27 · fair‑value band R177.80 – R385.80 · the R283.70 price screens below the R308.64 fair value. As of Jul 12, 2026.

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Analysis

Shoprite Holdings (SHP) currently trades at R283.70, while our model-based Fair Value estimate is R308.64, implying the stock looks roughly 8.8% fairly valued today. We read business quality at 60/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Shoprite Holdings generated revenue of 262B ZAR at a net margin of 2.9%. Revenue grew 7.2% year over year. It earns a return on equity of 25.9%. Net debt stands at 45.9B ZAR. Fundamentals as of Jul 12, 2026

Our scenario range runs from R177.80 (bear case) to R385.80 (bull case); at R283.70, the current price sits within that range. For context, the median of 10 Consumer Cyclical peers we cover trades at 30% fair-value upside, at 9%, SHP screens richer than that median.

Key figures & financial health

Revenue (TTM) 262B ZAC
Revenue growth (YoY) +7.2%
Net margin 2.9%
Return on equity 25.9%
Free cash flow 3.0B ZAC FY2025
P/E ratio 20.8
More key figures
Operating margin 5.4%
EPS (TTM) R13.92
Dividend yield 0.0%
EPS growth (YoY) +0.1%
Net debt 45.9B ZAC FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

Shoprite Holdings Ltd, an investment holding company, engages in the food retail and wholesale business in South Africa and internationally. It operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, and Other Operating segments. The company also offers clothing, general merchandise, cosmetics, and liquor products. In addition, it distributes various pharmaceutical products and surgical equipment to pharmacies, hospitals, clinics, dispensing doctors, and veterinary surgeons. In addition, it operates furniture stores retailing products, such as furniture, household appliances, and home entertainment systems. The company operates stores under the Shoprite, Checkers, Checkers Hyper, Usave, Checkers Foods, OK Furniture, House & Home, Shoprite LiquorShop, OK Franchise, Checkers LiquorShop, MediRite, UNIQ, Petshop Science, Checkers Outdoor, Transpharm, Checkers Little Me, Freshmark, Red Star Wholesale, Rainmaker, K'nect, Shoprite Send, Shoprite Cash & Carry, Computicket, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Shoprite Holdings reported revenue of R253B in FY2025 versus R168B in FY2021, a compound +10.7%/yr. Reported net income was R7.6B in FY2025, compounding +11.9%/yr from FY2021.

Revenue +10.7%/yr
FY21 R168B
FY22 R184B
FY23 R215B
FY24 R241B
FY25 R253B
Net income +11.9%/yr
FY21 R4.8B
FY22 R5.7B
FY23 R5.9B
FY24 R6.2B
FY25 R7.6B

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Cite: Fair Value Calculator (2026). "Shoprite Holdings Fair Value". https://www.fairvalue-calculator.com/stock/SHP.JSE

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Frequently asked questions

Is Shoprite Holdings (SHP) undervalued?
As of Jul 12, 2026, our model estimates a fair value of R308.64 versus a price of R283.70, about +9% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of SHP?
Our model-based fair value for Shoprite Holdings is R308.64 (as of Jul 12, 2026), built from audited fundamentals. The current price is R283.70.
What is the quality score of SHP?
Shoprite Holdings has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Shoprite Holdings (SHP)?
Shoprite Holdings reported trailing-twelve-month revenue of about 262B ZAR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of SHP?
The net profit margin of Shoprite Holdings is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does Shoprite Holdings pay a dividend?
Shoprite Holdings currently shows a dividend yield of about 0.03% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.