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Massmart Holdings Limited

MSMJ.J

Latest Trade

4,397.00ZAc

Change

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Today's Range

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52 Week Range

3,825.00

 - 

11,669.00

As of on the Johannesburg Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
4,397.00
Open
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Volume
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3M AVG Volume
14.17
Today's High
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Today's Low
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52 Week High
11,669.00
52 Week Low
3,825.00
Shares Out (MIL)
217.96
Market Cap (MIL)
9,607.05
Forward P/E
-32.76
Dividend (Yield %)
4.74

Next Event

Q4 2019 Massmart Holdings Ltd Earnings Release

Latest Developments

More

Massmart Sees Comparable FY HEPS At Least 50% Lower Than Year Earlier

Massmart Sees HY Headline Loss Per Share Between 240.5 Cents To 249.8 Cents

Massmart Says HY Headline Earnings May Be At Least 50% Lower Than Prior Period

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About Massmart Holdings Limited

Massmart Holdings Limited is a distributor of consumer goods. The Company is a retailer of general merchandise, liquor, home improvements and building supplies, and the food wholesaler in Africa. The Company operates through four Divisions: Massdiscounters, Masswarehouse, Massbuild and Masscash. The Massdiscounters division is a general merchandise discounter and food retailer. The Masswarehouse division is engaged in warehouse club trading in food, general merchandise and liquor. The Massbuild division is a home improvement retailer and building materials supplier. The Masscash division is a food wholesaler, retailer and buying association. Its divisions operate in over two principal geographic areas, which include South Africa and the rest of Africa. Its subsidiaries include Massbuild Proprietary Limited, Masscash Proprietary Limited, Massmart International Holdings Limited, Massmart Management & Finance Company Proprietary Limited and Masstores Proprietary Limited, among others.

Industry

Retail (Department & Discount)

Contact Info

Massmart House

16 Peltier Drive, Surringhill Ext. 6

+27.11.5170000

http://www.massmart.co.za/

Executive Leadership

Kuseni Douglas Dlamini

Independent Non-Executive Chairman of the Board

Mitchell Slape

Chief Executive Officer, Executive Director

Mohammed Hoosen Abdool-Samad

Chief Financial Officer, Executive Director

Riaan Turton

Finance Director

Doug Jones

Divisional Chief Executive - Masswarehouse

Key Stats

3.00 mean rating - 7 analysts
Sell
Hold
Buy
Revenue (MM, ZAR)

2016

91.3K

2017

93.7K

2018

90.9K

2019(E)

95.5K
EPS (ZAR)

2016

5.880

2017

6.810

2018

4.600

2019(E)

-1.338
Price To Earnings (TTM)
127.58
Price To Sales (TTM)
0.11
Price To Book (MRQ)
1.81
Price To Cash Flow (TTM)
7.20
Total Debt To Equity (MRQ)
355.49
LT Debt To Equity (MRQ)
214.99
Return on Investment (TTM)
0.69
Return on Equity (TTM)
0.25

Latest News

Latest News

UPDATE 2-S.Africa's Massmart swings to first trading loss in 20-years

* Scraps dividend (Adds scrapping of dividend, details and forecast)

S.Africa's Massmart swings to net loss in H1

South African retailer and wholesaler Massmart Holdings on Thursday posted a net loss in the first half of the year, dragged lower by softer-than-expected sales, margin weakness, higher expenses and foreign exchange losses.

Massmart warns on profit, names Walmart executive as new CEO

South African retailer Massmart on Thursday warned of lower headline earnings per share for the first half of the year and said that Walmart executive Mitchell Slape would become its new CEO.

CORRECTED-South Africa's Massmart picks Walmart's Slape as new CEO

Massmart has appointed Walmart Japan former interim president and chief executive officer Mitchell Slape as its new CEO, succeeding Guy Hayward who resigned in May, the South African retailer said on Thursday.

UPDATE 2-S.Africa's Massmart CEO resigns as retailer eyes Africa expansion

* Exact timing of Hayward's exit not confirmed (Adds analyst quote, background)

South Africa's Massmart CEO Hayward to step down

The chief executive of Massmart, Guy Hayward, will step down before the end of 2019 after being at the helm for five years, the South African retailer said on Monday.

UPDATE 2-Massmart to focus Africa expansion plans on Kenya, Zambia

* Cautious outlook for H1 2019 (Recasts with Africa expansion)

South Africa's Massmart earnings drop, cuts dividend

South African retailer Massmart said on Thursday its full-year headline earnings fell by 31.7 percent to 901.2 million rand ($64.70 million).

UPDATE 2-S.Africa's Massmart HY profit muted by weak consumer spending

* Sales hampered by muted consumer spending (Adds CEO quote and detail)

South Africa's Massmart H1 profit drops 42 percent

South African retailer Massmart Holdings reported a 42 percent drop in half-year profit on Thursday due to restructuring costs and weak consumer spending.

South Africa's Massmart warns H1 profit could fall 26 pct

Massmart Holdings expects half-year profits to fall by as much as 26 percent, the South African retailer said on Monday citing muted sales growth.

BRIEF-Massmart Says Sales In First 12 Weeks Of 2018 Soft

* MASSMART HOLDINGS - SALES PERFORMANCE FOR FIRST 12 WEEKS OF 2018 HAS BEEN SOFT WHICH IS A TREND NOTED BY OTHER PARTICIPANTS IN SOUTH AFRICAN RETAIL

South Africa's Massmart annual profit rises 2 percent

South African retailer Massmart Holdings on Thursday posted a 2 percent rise in annual profit, helped by cost cuts as consumers battling high personal debt levels spent warily.

UPDATE 2-South Africa dismisses Massmart anti-competitive complaint against rivals

South Africa's Competition Tribunal on Tuesday dismissed a complaint brought by Massmart accusing grocery retailers of anti-competitive behaviour, saying the unit of Wal-Mart had failed to present a strong case.

Massmart disappointed that its anti-competition complaint dismissed

South Africa's Massmart is disappointed that the merits of its anti-competitive complaint against grocery retailers were not assessed by the Competition Tribunal, its spokeswoman said on Tuesday after the tribunal dismissed its case.

South Africa dismisses Massmart anti-competitive complaint against rivals

South Africa's Competition Tribunal on Tuesday dismissed a complaint brought by Massmart accusing grocery retailers of anti-competitive behaviour.

BRIEF-SA's Competiton Tribunal Says Dismisses Massmart Complaint Against Retailers

* UPHELD EXCEPTIONS TAKEN BY RETAILERS SHOPRITE CHECKERS, PICK 'N PAY RETAILERS AND SPAR IN RESPECT OF AMENDED REFERRAL BY MASSMART

BRIEF-Massmart Holdings Says ‍For 53 Weeks To Dec 31 Total Sales Increased To 93.7 Bln​ Rand

* FOR 53 WEEKS TO 31 DECEMBER 2017 MASSMART'S TOTAL SALES INCREASED TO R93.7 BILLION, REPRESENTING 2.7% GROWTH

Protest at Wal-Mart owned South Africa business turns violent

A violent protest flared on Friday at a Johannesburg store run by Wal-Mart's <WMT.N> South African unit Massmart <MSMJ.J> where workers have staged a week-long strike over wages.

Cost cuts help Wal-Mart's South African arm Massmart

Massmart Holdings Ltd <MSMJ.J>, the South African arm of Wal-Mart <WMT.N>, reported a small rise in half-year earnings on Thursday, helped by cost cuts as cash-strapped shoppers spent warily.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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