Obermatt

Woolworths Holdings

JNB:WHL · ZAE000063863
Food ProductsLarge

360

62
EV / EBIT81
Price / Owner Earnings1
Owner Earnings Yield20
Dividend Yield73
Price/Sales80
EV / Gross Profit60
Price/Book21
Return on Capital75
Cash Return on Capital20
Return on Equity67
EBIT Margin52
Gross Profitability82
Cash Conversion73
Accruals58
Owner Earnings Margin20
Sales growth25
Profit Growth83
Long-Term EPS Growth84
Owner Earnings Growth8
Reinvestment21
Price momentum35
Debt load8
Refinancing10
Debt Payback3
Liquidity19
Analyst ratings34
Opinion Changes50
Price Target Upside63
Market mood75
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Woolworths Holdings clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountrySouth Africa
IndustryFood Products
SizeLarge
TypePublic Company
ExchangeJSE
Founded1929
ISINZAE000063863
Last UpdateApr 2, 2026
Themes
Online GroceryFast-Moving Consumer GoodsLifestyleRetail

Description

Woolworths Holdings Limited operates as a South African retail group with a diverse portfolio of businesses across various sectors. The company operates primarily in the food, clothing, and homeware sectors, focusing on providing high-quality product…

Analysis

Middle-of-the-road

Woolworths Holdings Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 721.3×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 58% a year, against analyst forecasts of 17%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is moderate; the safety picture is adequate. The company scores 12/20 on our value-creation score: creating some value. Analysts lean positive.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
24
2023202420252026

All-time high

65

Apr 2024

All-time low

3

Jan 2025

Average rank

33

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
80
48
42
69
Price/Earnings
50
57
52
71
Price/Book
21
32
24
39
Dividend Yield
73
77
81
76
Value (overall)
61
49
49
49

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →