Spar Group (JSE:SPP) Shareholder Yield % : 41.67% (As of Mar. 2026) — 2048% Above Median


JSE:SPP Spar Group Ltd JSE:SPP
52 GF Score
Price R49.41
GF Value R107.97
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Spar Group Shareholder Yield %?

Spar Group JSE:SPP +7.16% 52 Shareholder Yield % is 41.67% as of Mar. 2026, which is 2048% above its 10-year median of 1.94. GuruFocus rates JSE:SPP with a GF Score™ of 52/100 and a GF Value™ of R107.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 299 Retail - Defensive companies, Spar Group ranks better than 98.33% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Spar Group's Shareholder Yield % was 41.67%.


Spar Group  (JSE:SPP) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Spar Group Shareholder Yield % Related Terms


Spar Group Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for Spar Group's Shareholder Yield % 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 Shareholder Yield % Chart

Spar Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 1.94 -9.05 8.82 48.67

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
Shareholder Yield % 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 2.46 8.82 28.78 48.67 30.41

JSE:SPP vs SYY, USFD, PFGC: Shareholder Yield % Comparison

For the Food Distribution subindustry, Spar Group's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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 Shareholder Yield % vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Spar Group's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Spar Group's Shareholder Yield % falls into.


JSE:SPP
52GF Score
Spar Group Ltd JSE:SPP
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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Spar Group Shareholder Yield % Calculation

Spar Group's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0.00 %+0.05 %+30.36 %
=30.41 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 41.67% mean?
Spar Group (JSE:SPP) has a Shareholder Yield % of 41.67% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Spar Group and its competitors. This is 2048% above median its historical median of 1.94. According to the industry distribution chart, Spar Group ranks #5 out of 299 companies in the Retail - Defensive industry, placing it in the top 1.7%.
Is Spar Group's Shareholder Yield % too high?
Spar Group's current Shareholder Yield % of 41.67% is 2048% above median its 10-year median of 1.94. The Retail - Defensive industry median Shareholder Yield % is 0.98. Spar Group's value of 41.67% is 4152% above this industry median. Based on the distribution chart, Spar Group ranks #5 out of 299 companies in the Retail - Defensive industry, which is in the top quartile — a strong position relative to peers. 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 Shareholder Yield % compare to SYY and USFD?
According to the Retail - Defensive industry distribution chart, Spar Group ranks #5 out of 299 companies for Shareholder Yield %. This places Spar Group in the top 2% of its industry — outperforming the majority of peers. The industry median Shareholder Yield % is 0.98. Spar Group's value of 41.67% is 4152% above this benchmark. While the company's 10-year median is 1.94 vs. the industry median of 0.98, Spar Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Retail - Defensive company?
The median Shareholder Yield % among Retail - Defensive companies is 0.98, based on 299 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spar Group's current Shareholder Yield % of 41.67% is 4152% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on Spar Group and its competitors. For the Retail - Defensive industry, the median Shareholder Yield % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spar Group's current Shareholder Yield % is 41.67%, which is 2048% above median its own 10-year median of 1.94. 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 R107.97, compared to a current price of R49.41 — trading 54.2% below its estimated fair value. The current Shareholder Yield % is 41.67%, which is 2048% above median its 10-year median of 1.94 and 4152% above the Retail - Defensive industry median of 0.98. 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 Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For Spar Group (JSE:SPP), the current Shareholder Yield % is 41.67% 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 R49.41 is trading 54.2% below its estimated GF Value™ of R107.97. GuruFocus considers Spar Group to be Significantly Undervalued.

Key valuation signals for JSE:SPP:

  • Shareholder Yield %: 41.67% (2048% above median its 10-year median of 1.94)
  • GF Value™: R107.97 vs. price of R49.41 (54.2% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 4152% above the Retail - Defensive median (#5 of 299)

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

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

R49.41
Price
R107.97
GF Value