Spar Group (JSE:SPP) Accumulated Depreciation: R Mil (As of Mar. 2026)

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JSE:SPP Spar Group Ltd JSE:SPP
57 GF Score
Price R45.80
GF Value R106.99
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Spar Group Accumulated Depreciation?

Spar Group JSE:SPP +2.81% 57 Accumulated Depreciation is R Mil as of Mar. 2026. GuruFocus rates JSE:SPP with a GF Score™ of 57/100 and a GF Value™ of R106.99 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Spar Group's quarterly accumulated depreciation declined from Mar. 2025 (R Mil) to Sep. 2025 (R-4,089 Mil) but then increased from Sep. 2025 (R-4,089 Mil) to Mar. 2026 (R Mil).

Spar Group's annual accumulated depreciation increased from Sep. 2023 (R-5,686 Mil) to Sep. 2024 (R-5,763 Mil) but then stayed the same from Sep. 2024 (R-5,763 Mil) to Sep. 2025 (R-4,089 Mil).

Spar Group Accumulated Depreciation Related Terms

Spar Group Accumulated Depreciation Historical Data

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The historical data trend for Spar Group's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Spar Group Accumulated Depreciation Chart

Spar Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,063.70 -4,726.50 -5,686.30 -5,762.70 -4,088.70

Spar Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -5,762.70 - -4,088.70 -
JSE:SPP
57GF Score
Spar Group Ltd JSE:SPP
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Spar Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of R Mil mean?
Spar Group (JSE:SPP) has a Accumulated Depreciation of R Mil as of Mar. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Spar Group and its competitors.
Is Spar Group's Accumulated Depreciation too high?
Spar Group's current Accumulated Depreciation is R Mil. Overall, Spar Group has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spar Group's Accumulated Depreciation compare to SYY and USFD?
Spar Group's Accumulated Depreciation of R Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Retail - Defensive company?
A good Accumulated Depreciation depends on the Retail - Defensive industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Spar Group and its competitors. Spar Group's current Accumulated Depreciation is R Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spar Group stock overvalued right now?
Based on GuruFocus' analysis, Spar Group (JSE:SPP) is currently considered Significantly Undervalued. The stock's GF Value™ is R106.99, compared to a current price of R45.80 — trading 57.2% below its estimated fair value. The current Accumulated Depreciation is R Mil. Spar Group's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Spar Group (JSE:SPP), the current Accumulated Depreciation is R Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spar Group (JSE:SPP) Overvalued in 2026?

Based on GuruFocus' analysis, Spar Group stock appears to be undervalued. The current stock price of R45.80 is trading 57.2% below its estimated GF Value™ of R106.99. GuruFocus considers Spar Group to be Significantly Undervalued.

Key valuation signals for JSE:SPP:

  • Accumulated Depreciation: R Mil
  • GF Value™: R106.99 vs. price of R45.80 (57.2% below fair value)
  • GF Score™: 57/100 with 5 warning signs

No single metric tells the full story. See the JSE:SPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spar Group Business Description

Other Exchanges SGPPY:USA
Address 1 Ncondo Place, The Umhlanga Arch, Umhlanga Ridge, Durban, NL, ZAF, 4001
Spar Group Ltd operates as a wholesaler and distributor of goods and services to SPAR grocery stores and multiple other branded group retail outlets across multiple regions. It supplies fresh produce and merchandise to a network of independent retailers who operate under its brands like TOPS at SPAR, Build it, SPAR Health, and Encore. The company's revenue mainly comprise the revenue from the sale of merchandise, marketing and promotional activities as well as franchise fees. Geographically, it has a presence in Southern Africa, Ireland and South West England, Switzerland, Poland and Sri Lanka, with the majority of revenue generated from South Africa.
57GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R45.80
Price
R106.99
GF Value