1. South Africa Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Spur Corporation Limited

Spur Corporation Limited

JJSE:SUR
4,200.00
ZAC
+37.00
(+0.89%)
349.75BMarket Cap
Mar 04Next Earn
Spur Corporation Limited
JSE:SUR
(Johannesburg Stock Exchange)

Recent

price

4,200.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
ZAR
4.6
5.78
7.8
8.56
6.61
6.6
6.76
9.33
9.94
8.75
21.5
28.47
37.32
42.81
47.75
52.09
- -
Revenue per Share
0.81
1.31
1.54
1.59
1.38
1.41
1.4
1.62
1.74
0.77
1.1
1.44
2.6
2.88
3.38
2.16
- -
Basic EPS, GAAP
0.29
0.62
0.55
0.41
-0.02
-0.14
0.16
0.27
0.53
0.96
1.22
1.4
1.73
0.75
2.07
1.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.67
4.41
5.58
5.67
9.35
8.29
8.06
8.82
9.08
6.24
7.36
8.14
9.07
10.12
11.19
9.68
9.68
Book Value per Share
1.44
1.09
1.73
1.74
5.08
4.68
4.48
4.98
5.19
1.89
3
3.74
4.61
3.96
4.98
3.56
3.56
Tangible Book Value per Share
88
87
86
86
93
96
96
96
95
87
84
84
82
81
81
80
80
Basic Weighted Avg Shares
403
503
672
733
612
633
648
892
945
762
1,805
2,391
3,045
3,474
3,863
4,191
- -
Sales/Revenue/Turnover
32.34
31.48
22.34
23.81
34.91
36.96
30.91
19.64
24.1
15.49
7.2
8.59
9.58
9.07
9.42
9.99
- -
Operating Margin (%)
11
10
13
17
14
15
11
11
11
24
22
21
19
29
37
32
- -
Depreciation Expense
71
114
133
136
128
136
134
155
165
67
93
121
212
234
273
174
- -
Net Income, GAAP
41.72
34.68
32.18
32.02
32.89
30.92
36.39
29.51
32.93
44.7
32.85
38.79
30.59
28.41
28.61
41.22
- -
Effective Tax Rate (%)
17.55
22.62
19.75
18.61
20.83
21.42
20.7
17.34
17.48
8.79
5.13
5.07
6.97
6.72
7.07
4.14
- -
Profit Margin (%)
110
86
111
89
330
335
322
344
477
141
247
289
363
285
382
275
275
Working Capital
9
7
6
2
1
2
3
4
37
40
34
26
18
53
53
75
75
LT Debt
408
426
473
520
854
865
837
852
872
532
631
686
752
835
925
811
811
Total Equity
15.18
24.12
26.14
24.34
17.39
17.01
12.58
16.42
16.78
8.46
15.44
17.67
26.56
25.16
25.9
17.41
- -
Return on Invested Capital (%)
17.45
25.22
27.32
25.68
16.72
14.9
14.93
17.5
17.69
8.8
14.17
17.49
27.37
25.8
25.96
16.08
- -
Return on Capital (%)
17.56
27.18
29.21
27.24
18.61
15.98
16.01
18.55
19.39
9.67
16.22
18.78
30.07
29.97
31.67
20.56
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
91
77
76
LT Borrowings
- -
17
15
LT Finance Leases
53
64
60
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
81
81
81
Market Capitalization
2,657
3,105
3,497

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
867
828
876
Cash, Cash Equivalents & STI
477
402
494
Accounts Receivable, Net
142
188
135
Inventories
172
182
173
Total Current Liabilities
485
466
601
Payables & Accruals
- -
- -
- -
ST Debt
91
77
76
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.84%
5.57%
-12.29%
Free Cash Flow
13.96%
20.34%
-51.19%
Net Income, GAAP
9.64%
19.31%
-36.45%
Sales/Revenue/Turnover
25.71%
18.72%
8.48%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
3,474
2025
- -
- -
3,863
2026
- -
- -
4,191

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.88
2025
- -
- -
3.38
2026
- -
- -
2.16

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
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Business
Spur Corporation Ltd (JSE: SUR) operates as a leading South African franchisor of casual dining restaurants, offering a portfolio of family-friendly steakhouse, pizza and pasta, seafood, grill, fast-casual burger, and specialty dining brands; virtual kitchen brands for delivery; and ancillary services including sauce manufacturing, product distribution, warehousing, training, decor manufacturing, marketing, and call center operations. Core brands encompass Spur Steak Ranches, Panarottis Pizza Pasta, John Dory’s Fish Grill Sushi, RocoMamas, The Hussar Grill, Casa Bella, Nikos Coalgrill Greek, Doppio Zero, Modern Tailors, and Piza e Vino, alongside virtual offerings such as Just Wingz, Pizza Pug, Bento, Reel Sushi, Rib Shack RocoFellas, and CharGrill Chicken. The company serves consumers in the family sit-down, quick-service, and specialty dining segments, with approximately 724 outlets globally, primarily franchise-operated, targeting everyday family meals, celebrations, and delivery services. Founded in 1967 with the opening of the first Spur Steak Ranch in Cape Town, South Africa, Spur Corporation is headquartered at Century Gate Business Park in Century City, Cape Town. In recent developments, the company reported fiscal 2025 revenue growth of 11.2%, profit before tax up 17.5%, and a 40.4% increase in dividend per share, driven by strong brand performance, restaurant revamps, AI-powered marketing, and supply chain efficiencies. It expanded its network by launching 46 new stores, reaching 724 outlets, and plans 42 additional openings in South Africa plus 14 internationally in fiscal 2026, with emphasis on Africa and leveraging Doppio Zero. Spur renewed its SA Rugby partnership for four years in April 2025 and launched John Dory’s refreshed design at Eastgate Mall in December 2025, alongside ongoing virtual brand scaling and drive-thru innovations. Previously, it acquired a 60% stake in Doppio Group in 2023, enhancing day-time specialty dining. Operations span South Africa, other African countries, Mauritius, the Middle East, with international profit before tax rising 10% in fiscal 2025.