Spar Group (JSE:SPP) 3-Year EBITDA Growth Rate: -11.30% (As of Mar. 2026)

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JSE:SPP Spar Group Ltd JSE:SPP
51 GF Score
Price R37.88
GF Value R108.08
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Spar Group 3-Year EBITDA Growth Rate?

Spar Group JSE:SPP -1.33% 51 3-Year EBITDA Growth Rate is -11.30% as of Mar. 2026. GuruFocus rates JSE:SPP with a GF Score™ of 51/100 and a GF Value™ of R108.08 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 272 Retail - Defensive companies, Spar Group ranks worse than 86.4% on this metric.

Spar Group's EBITDA per Share for the six months ended in Mar. 2026 was R8.18.

During the past 12 months, Spar Group's average EBITDA Per Share Growth Rate was -29.40% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was -11.30% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was -5.10% per year. During the past 10 years, the average EBITDA Per Share Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

During the past 13 years, the highest 3-Year average EBITDA Per Share Growth Rate of Spar Group was 26.90% per year. The lowest was -11.30% per year. And the median was 12.85% per year.


Spar Group  (JSE:SPP) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.


Spar Group 3-Year EBITDA Growth Rate Related Terms


JSE:SPP vs SYY, USFD, PFGC: 3-Year EBITDA Growth Rate Comparison

For the Food Distribution subindustry, Spar Group's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spar Group 3-Year EBITDA Growth Rate vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spar Group's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where Spar Group's 3-Year EBITDA Growth Rate falls into.


JSE:SPP
51GF Score
Spar Group Ltd JSE:SPP
3-Year EBITDA Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
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Spar Group 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

What does a 3-Year EBITDA Growth Rate of -11.30% mean?
Spar Group (JSE:SPP) has a 3-Year EBITDA Growth Rate of -11.30% as of Mar. 2026. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Spar Group and its competitors. According to the industry distribution chart, Spar Group ranks #235 out of 272 companies in the Retail - Defensive industry, placing it in the top 86.4%.
Is Spar Group's 3-Year EBITDA Growth Rate too high?
Spar Group's current 3-Year EBITDA Growth Rate is -11.30%. Based on the distribution chart, Spar Group ranks #235 out of 272 companies in the Retail - Defensive industry, which is in the bottom quartile relative to peers. Overall, Spar Group has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spar Group's 3-Year EBITDA Growth Rate compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Spar Group ranks #235 out of 272 companies for 3-Year EBITDA Growth Rate. This places Spar Group in the lower half of its industry. The industry median 3-Year EBITDA Growth Rate is 8.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year EBITDA Growth Rate for a Retail - Defensive company?
The median 3-Year EBITDA Growth Rate among Retail - Defensive companies is 8.90, based on 272 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year EBITDA Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year EBITDA Growth Rate 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 3-Year EBITDA Growth Rate mean?
A high 3-Year EBITDA Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year EBITDA Growth Rate is the 3-year average growth rate of EBITDA per share. View historical data for Spar Group and its competitors. For the Retail - Defensive industry, the median 3-Year EBITDA Growth Rate is 8.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spar Group's current 3-Year EBITDA Growth Rate is -11.30%. 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 R108.08, compared to a current price of R37.88 — trading 65% below its estimated fair value. The current 3-Year EBITDA Growth Rate is -11.30%. Spar Group's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year EBITDA Growth Rate calculated?
3-Year EBITDA Growth Rate is calculated from a company's financial statements. For Spar Group (JSE:SPP), the current 3-Year EBITDA Growth Rate is -11.30% 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 R37.88 is trading 65% below its estimated GF Value™ of R108.08. GuruFocus considers Spar Group to be Significantly Undervalued.

Key valuation signals for JSE:SPP:

  • 3-Year EBITDA Growth Rate: -11.30%
  • GF Value™: R108.08 vs. price of R37.88 (65% below fair value)
  • GF Score™: 51/100 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.
51GF Score

Get the complete analysis for JSE:SPP

3-Year EBITDA Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R37.88
Price
R108.08
GF Value