1. South Africa Stocks

  2. •

    Distribution services

  3. •

    Wholesale distributors
CA Sales Holdings Limited

CA Sales Holdings Limited

JJSE:CAA
1,299.00
ZAC
+19.00
(+1.48%)
651.07BMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.85
10.88
12.42
15.88
17.58
17.62
20.42
23.86
26.25
26.67
- -
Basic EPS, GAAP
0.24
0.33
0.34
0.42
0.46
0.58
0.79
1.25
1.27
1.44
- -
Free Cash Flow per Basic Share
0.32
-0.11
0.46
0.33
0.52
0.59
0.49
0.57
0.9
1.01
- -
Dividend per Share
0.02
0.05
0.07
0.08
0.1
0.1
0.12
0.15
0.19
0.24
- -
Book Value per Share
2.16
2.57
2.84
3.14
3.53
3.85
4.54
5.69
6.68
7.68
7.64
Tangible Book Value per Share
0.96
1.29
1.64
2.02
2.45
2.81
3.49
4.62
5.48
6.51
6.02
Basic Weighted Avg Shares
456
445
447
449
451
456
464
474
477
480
481
Sales/Revenue/Turnover
4,031
4,839
5,556
7,132
7,932
8,028
9,485
11,322
12,519
12,808
- -
Operating Margin (%)
5.1
4.93
5.33
5.42
5.48
5.21
5.62
5.76
6.02
6.44
- -
Depreciation Expense
44
36
33
74
73
65
86
100
113
133
- -
Net Income, GAAP
110
145
153
188
208
265
365
594
605
691
- -
Effective Tax Rate (%)
23.64
24.9
30.89
31.28
30.72
27.01
26.93
20.34
23.8
20.64
- -
Profit Margin (%)
2.73
2.99
2.75
2.63
2.62
3.3
3.84
5.25
4.83
5.4
- -
Working Capital
373
515
651
735
905
1,024
1,299
1,708
2,030
2,266
2,127
LT Debt
24
23
301
317
296
253
323
311
326
248
322
Total Equity
1,026
1,184
1,328
1,468
1,655
1,816
2,175
2,733
3,237
3,740
3,769
Return on Invested Capital (%)
- -
12.93
10.81
11.99
11.67
12.55
14.46
18.17
15.48
15.66
- -
Return on Capital (%)
- -
9.77
9.06
10.28
9.89
11.36
14.12
19.42
16.51
16.59
- -
Return on Common Equity (%)
- -
13.78
12.64
13.99
13.82
15.7
18.58
24.46
20.49
20.05
- -

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
674
646
363
LT Borrowings
- -
52
322
LT Finance Leases
- -
195
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
481
481
483
Market Capitalization
8,253
7,141
6,511

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
4,125
4,553
4,296
Cash, Cash Equivalents & STI
1,286
1,624
1,229
Accounts Receivable, Net
1,928
1,757
2,055
Inventories
893
980
983
Total Current Liabilities
2,168
2,287
2,169
Payables & Accruals
- -
- -
- -
ST Debt
674
646
363
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
17.82%
15.55%
Free Cash Flow
- -
18.01%
12.75%
Net Income, GAAP
- -
28.84%
14.23%
Sales/Revenue/Turnover
- -
10.32%
2.31%
Total Cash Common Dividend
- -
21.07%
25.89%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
12,519
2025
- -
- -
12,808
2026
- -
- -
- -

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.27
2025
- -
- -
1.44
2026
- -
- -
- -

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.19
2025
- -
- -
0.24
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Duncan Lewis
Full Time Employees
2,500
Sector
Distribution services
Industry
Wholesale distributors
Address
Building C Centurion GT South Africa 0157
IPO Date
Nov 9, 2017
Website
casholdings.co.za
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Business
CA Sales Holdings Limited (JSE: CAA) is a holding company specializing in fast-moving consumer goods (FMCG) services, distribution, and retail execution across Southern and East Africa. The company offers a comprehensive suite of services including warehousing, in-store execution, transport and logistics, sales, merchandising, technology and data services, shopper marketing, brand strategy development, point-of-sale solutions, retail training, and select debtor services; it distributes consumer products such as food, home care, personal care, consumer durables, snacks and confectionery, paper products, beverages, pet care, alcoholic beverages, frozen foods, and tobacco products and accessories. Incorporated in 2011 and headquartered in Centurion, South Africa, CA Sales Holdings operates in Botswana, Eswatini, Namibia, South Africa, Lesotho, Mauritius, Zambia, Zimbabwe, and has expanded into East Africa including Kenya; it serves blue-chip manufacturers by enhancing on-shelf availability, market share, and volume growth for world-renowned brands. Recent strategic developments include the 2023 acquisitions of T&C Group and Taeuber & Corssen in Namibia for R65 million to bolster distribution and retail execution, MarketMax in South Africa for R11.5 million to enter the pharmaceutical channel, and increasing its stake in Smithshine Enterprises in Botswana to 100%; in 2024, the company acquired a 49% stake in Roots Sales (Pty) Ltd for R70 million to broaden its informal market channel in South Africa. In early 2025, CA Sales Holdings acquired a 35% stake in Tradco Services Ltd (also referred to as Tatco) in Kenya with an option to increase ownership, marking further East African expansion, alongside a 53.3% stake in Mac Marketing; these moves support ongoing channel broadening, organic growth, and revenue targets exceeding R20 billion by 2026, evidenced by 10.6% revenue growth to R12.52 billion for the year ended December 2024. The group continues to integrate these acquisitions while investing in warehouse capacity and technology to drive operational efficiency amid economic challenges.