Boxer Retail Limited

Boxer Retail Limited

JJSE:BOX
8,550.00
ZAC
+50.00
(+0.59%)
3.06TMarket Cap
May 17Next Earn
Boxer Retail Limited
JSE:BOX
(Johannesburg Stock Exchange)

Recent

price

8,550.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
2026
TTM
ZAR
53.99
64.78
76
125.27
103.05
- -
Revenue per Share
1.73
2.24
2.81
4.07
3.43
- -
Basic EPS, GAAP
0.62
0.6
3.56
-22.86
3.25
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
4.18
1.96
3.86
4.25
7.35
4.25
Book Value per Share
3.74
1.27
3.16
3.51
6.63
3.51
Tangible Book Value per Share
492
492
492
340
453
465
Basic Weighted Avg Shares
26,583
31,897
37,419
42,597
46,682
- -
Sales/Revenue/Turnover
3.69
5.06
5.61
5.42
5.65
- -
Operating Margin (%)
843
1,011
1,154
1,258
1,383
- -
Depreciation Expense
854
1,104
1,385
1,383
1,556
- -
Net Income, GAAP
26.12
27.89
24.03
27.52
26.33
- -
Effective Tax Rate (%)
3.21
3.46
3.7
3.25
3.33
- -
Profit Margin (%)
-374
-2,284
-1,869
-1,147
-513
-1,147
Working Capital
3,158
3,393
3,700
5,000
4,833
5,000
LT Debt
1,994
937
1,841
1,942
3,325
1,942
Total Equity
- -
23.41
27.27
23.39
23.08
- -
Return on Invested Capital (%)
- -
25.07
29.84
24.97
23.93
- -
Return on Capital (%)
- -
75.33
99.71
73.12
59.08
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Aug'25
Feb'25
ST Debt
573
647
LT Borrowings
850
850
LT Finance Leases
3,820
4,150
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
477
457
Market Capitalization
- -
30,628

Working Capital

ZAR

•

in mil. unless spec.
Aug'25
Feb'25
Total Current Assets
4,290
4,644
Cash, Cash Equivalents & STI
264
466
Accounts Receivable, Net
455
339
Inventories
3,344
3,378
Total Current Liabilities
6,107
5,791
Payables & Accruals
- -
- -
ST Debt
573
647
Deferred Revenue
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
71.22%
Free Cash Flow
- -
- -
-118.93%
Net Income, GAAP
- -
- -
12.51%
Sales/Revenue/Turnover
- -
- -
9.59%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
37,419
2025
- -
- -
42,597
2026
- -
- -
46,682

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.81
2025
- -
- -
4.07
2026
- -
- -
3.43

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Boxer Retail Ltd. (JSE: BOX) operates as a discount grocery retailer in South Africa, offering a range of private label and branded products including fresh produce, meat, dairy, bakery items, household goods, and liquor through its Boxer Superstores and Boxer Liquor banners; it also provides wholesale services via its Super Group division to independent traders and informal markets. The company serves low- to middle-income consumers primarily in urban and peri-urban areas across South Africa, with over 500 stores concentrated in provinces such as Gauteng, KwaZulu-Natal, Eastern Cape, and Western Cape. Founded in 1979 and headquartered in Johannesburg, Boxer Retail Ltd. focuses on value-driven retail with an emphasis on everyday essentials, emphasizing competitive pricing, efficient supply chain management, and store expansion to underserved communities. In recent developments, the company announced plans in 2024 to acquire 52 Pick n Pay stores, marking a significant expansion through this strategic acquisition expected to close in early 2025; it also reported robust financial performance for fiscal year 2025, with revenue growth driven by new store openings and like-for-like sales increases. Boxer Retail Ltd., a subsidiary of Pick n Pay Holdings prior to its 2019 unbundling and listing, continues to prioritize operational efficiencies and market share gains in the competitive discount retail sector.