Spar Group (JSE:SPP) Research & Development: R0 Mil (TTM As of Mar. 2026)


JSE:SPP Spar Group Ltd JSE:SPP
52 GF Score
Price R48.84
GF Value R107.89
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Spar Group Research & Development?

Spar Group JSE:SPP -3.11% 52 Research & Development is R0 Mil as of Mar. 2026. GuruFocus rates JSE:SPP with a GF Score™ of 52/100 and a GF Value™ of R107.89 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Spar Group's Research & Development for the six months ended in Mar. 2026 was R0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was R0 Mil.

Spar Group  (JSE:SPP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Spar Group Research & Development Related Terms

Spar Group Research & Development Historical Data

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The historical data trend for Spar Group's Research & Development 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 Research & Development Chart

Spar Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
Research & Development 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 0.00 0.00 0.00 0.00 0.00
JSE:SPP
52GF Score
Spar Group Ltd JSE:SPP
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Spar Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of R0 Mil mean?
Spar Group (JSE:SPP) has a Research & Development of R0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Spar Group and its competitors.
Is Spar Group's Research & Development too high?
Spar Group's current Research & Development is R0 Mil. Overall, Spar Group has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spar Group's Research & Development compare to SYY and USFD?
Spar Group's Research & Development of R0 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 Research & Development for a Retail - Defensive company?
A good Research & Development depends on the Retail - Defensive industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Spar Group and its competitors. Spar Group's current Research & Development is R0 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 R107.89, compared to a current price of R48.84 — trading 54.7% below its estimated fair value. The current Research & Development is R0 Mil. Spar Group's overall GF Score™ is 52/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Spar Group (JSE:SPP), the current Research & Development is R0 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 R48.84 is trading 54.7% below its estimated GF Value™ of R107.89. GuruFocus considers Spar Group to be Significantly Undervalued.

Key valuation signals for JSE:SPP:

  • Research & Development: R0 Mil
  • GF Value™: R107.89 vs. price of R48.84 (54.7% below fair value)
  • GF Score™: 52/100 with 3 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.
52GF Score

Get the complete analysis for JSE:SPP

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

R48.84
Price
R107.89
GF Value