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SPP.JO$4926.00+1.11%
Fair $4926.00+0.0%

SPP.JO

The SPAR Group Ltd

Consumer Defensive / Food DistributionJohannesburg

$4926.00

+54.00 (+1.11%)

Fairly Valued+0.0%Fair Value $4926.00Fund rank 28/100 · Data gapFallback financials|
SA 22/D
F-Score: 4/9
High DebtLow Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 25% · confianza 25%

FCF escenarios

weak_data · normalized FCF $2.4B · quality 44.7/100

Data gap 28/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 67/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

22/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. Debt-to-Equity ratio is 3.07, above the 2.0 threshold ROE is -90.9%, below the 5% threshold
Thesis & Journal · SPP.JOLocal privado en este navegador · The SPAR Group Ltd
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$9.5B

P/E

11.5x

↓

EV/EBITDA

229.5x

↑

ROE

-90.9%

↓

Gross Margin

10.8%

↓

Debt/Equity

3.07

↑
52-Week Range$4926
$4636$11695

TradingView lightweight chart

SPP.JO price, volumen y niveles de valoración

Último $4,926Periodo -29.6%
Fair value: $4,926

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

-1.0%

FCF CAGR

+72.2%

FCF margin

2.6%

FCF / Net income

-0.70x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $131.46B · net income $-4.83B · FCF $3.38B

2022-FY → 2025-FY

Gross margin

10.8%-1.3% pts

Operating margin

1.9%-0.5% pts

Net margin

-3.7%-5.3% pts

FCF margin

2.6%+2.1% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$131.46B$131.46B$130.99B$146.46B$135.61B
Net Income$-4.83B$-4.83B$351.9M$401.3M$2.15B
EBITDA$4.20B$4.20B$5.52B$5.33B$6.02B
EPS-25.07-25.071.832.0811.17
Gross Margin10.8%10.8%10.6%11.9%12.0%
Operating Margin1.9%1.9%1.9%1.7%2.4%
Net Margin-3.7%-3.7%0.3%0.3%1.6%
Balance Sheet
Debt/Equity3.073.072.342.642.64
Current Ratio0.990.99———
Cash Flow
Free Cash Flow$3.38B$3.38B$2.21B$2.35B$660.9M
Returns
ROE-90.9%-90.9%3.4%3.9%22.0%
Valuation
P/E11.4611.467214.015659.471284.81
EV/EBITDA229.47229.47464.15431.21463.75
P/B178.68178.68244.77222.31282.64
Growth & Yield
Revenue Growth0.4%0.4%-10.6%8.0%—
EPS Growth-1472.2%-1472.2%-12.4%-81.3%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%
Reverse DCF requires positive EPS; loss-making or zero-EPS companies cannot produce a clean EPS hurdle.

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -55.7%

Total return

-55.7%

Start / end P/E

n/dx → n/dx

EPS bridge

1.83 → -25.07

Residual

-55.7%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-55.7%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.