Annual ReportConsumer Cyclical

Pick n Pay Stores Limited

PIK.JO · Period ending 2026-02-28 · Filed 2026-02-28 · Updated

In short

Pick n Pay Stores Limited (PIK.JO) has net income up 1.1% to -ZAR 728.0M and EPS (Diluted) up 10.7% to ZAR -0.99 year on year. Its net margin is -0.6% and gross margin 18.8%. Fisclear flags 1 high-severity risk, led by: Net loss of ZAR 728.0M — the company spent more than it earned. Investors should monitor the path to profitability. How we calculate this

Valuation

Consumer Cyclical
Live · Yahoo Finance

Price

1,978c

P/B

1.5x

Price ÷ book value

P/S (TTM)

0.1x

Price ÷ revenue per share

Beta

0.21

Low volatility vs market

PEG Ratio

115.6x

P/E ÷ earnings growth rate

52-Week Range

1,755c1,978c now3,255c

4-engine score — Quality and Peers engines require SEC EDGAR (US stocks only)

Efficiency
23/100
Value
58/100
Cashflow
55/100
Regime
55/100

⚠ Negative ROE — equity capital being destroyed.

⚠ Negative operating margin — core business unprofitable.

FCF yield 8.0% — 3.0pp above risk-free.

FCF yield 8.0% — strong cash generation.

Based on filing period ending Feb 2026

International FisclearScore uses 4 engines (no EDGAR data). Based on Yahoo Finance & Alpha Vantage reported financials. Not financial advice.

PIK.JO vs
🇿🇦

US macroeconomic data shown as global reference

South Africa-specific indicators may differ. South Africa dashboard coming soon.

US Macro Reference

Fed Funds Rate

3.75%

Accommodative

10-Year Treasury

4.99%

2026-09-01

Unemployment

4.2%

Near full employment

CPI Index

334.1

2026-08-01

M2 Money Supply

$23.3T

2026-08-01

The Federal Funds rate stands at 3.75% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.99%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.2%; Industrial production index is at 103.1; M2 money supply is $23.3T; CPI index stands at 334.1.

SWOT Analysis — PIK.JO

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.
✦

Strengths

  • Operating Cash Flow: ZAR 3.2B (+47.4% YoY) — Operating cash flow grew 47% — the business generated more cash from day-to-day operations.

  • EPS (Diluted): ZAR -0.99 (+10.7% YoY) — Negative EPS — the company recorded a loss on a per-share basis.

◈

Weaknesses

  • Total Assets: ZAR 45.5B (-2.8% YoY) — Total assets shrank 3% — the balance sheet contracted.

◎

Opportunities

  • Gross Profit: ZAR 22.6B (+3.9% YoY) — Gross profit rose 4% — the spread between revenue and direct costs improved.

  • Net Income: -ZAR 728.0M (+1.1% YoY) — The company posted a net loss — total expenses exceeded total revenue.

⚠

Threats

  • Net loss of ZAR 728.0M — the company spent more than it earned. Investors should monitor the path to profitability.

  • Total liabilities represent 76% of total assets — elevated leverage that amplifies both gains and losses.

  • Current ratio of 1.03x — thin liquidity buffer against short-term obligations.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Year-over-Year Changes

Operating Cash Flow

ZAR 3.2B

was ZAR 2.1B

+47.4%

Operating cash flow grew 47% — the business generated more cash from day-to-day operations.

EPS (Diluted)

ZAR -0.99

was ZAR -1.11

+10.7%

Negative EPS — the company recorded a loss on a per-share basis.

Gross Profit

ZAR 22.6B

was ZAR 21.8B

+3.9%

Gross profit rose 4% — the spread between revenue and direct costs improved.

Total Assets

ZAR 45.5B

was ZAR 46.8B

−2.8%

Total assets shrank 3% — the balance sheet contracted.

Net Income

-ZAR 728.0M

was -ZAR 736.0M

+1.1%

The company posted a net loss — total expenses exceeded total revenue.

Risk Flags

1 high · 2 medium · 0 low
  • ⚠ High

    Net loss of ZAR 728.0M — the company spent more than it earned. Investors should monitor the path to profitability.

  • ◈ Medium

    Total liabilities represent 76% of total assets — elevated leverage that amplifies both gains and losses.

  • ◈ Medium

    Current ratio of 1.03x — thin liquidity buffer against short-term obligations.

Price HistoryZAR

Technical Signals

Daily closes · 1-year data

Latest News

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External Links

Research Pick n Pay Stores Limited

Data sourced from Official Exchange, FRED (Federal Reserve), OECD, BIS, and Yahoo Finance. For informational purposes only. Not financial advice.