Obermatt

Truworths International

JNB:TRU · ZAE000028296
Specialty RetailLarge

360

79
EV / EBIT97
Price / Owner Earnings68
Owner Earnings Yield94
Dividend Yield95
Price/Sales35
EV / Gross Profit35
Price/Book35
Return on Capital83
Cash Return on Capital85
Return on Equity77
EBIT Margin88
Gross Profitability37
Cash Conversion34
Accruals56
Owner Earnings Margin94
Sales growth11
Profit Growth67
Long-Term EPS Growth4
Owner Earnings Growth53
Reinvestment16
Price momentum34
Debt load58
Refinancing64
Debt Payback56
Liquidity59
Analyst ratings12
Opinion Changes50
Price Target Upside38
Market mood33
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

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

Profile

CountrySouth Africa
IndustrySpecialty Retail
SizeLarge
TypePublic Company
ExchangeJSE
Founded1944
ISINZAE000028296
Last UpdateApr 2, 2026
Themes
Fast-Moving Consumer GoodsLifestyle

Description

Truworths International Limited, a retail company, operates in the fashion apparel and footwear sectors. The company is primarily engaged in the retailing of fashion apparel, footwear, and related products through its various business units. Additio…

Analysis

Hidden champion

Truworths International Limited fits the profile of a hidden champion, yet the market has not awarded it the premium its quality earns.

On valuation, the picture is attractive. The owner-earnings multiple stands at 7.9×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -6% a year, against analyst forecasts of -1%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is sturdy. The company scores 12/20 on our value-creation score: creating some value.

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
40
2023202420252026

All-time high

87

Jan 2023

All-time low

40

Jun 2026

Average rank

59

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
35
26
27
34
Price/Earnings
79
83
93
91
Price/Book
35
37
38
58
Dividend Yield
95
94
92
98
Value (overall)
65
68
59
67

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 →