Risk factor
Low price volatility
Profitability factor
Greatly undervalued vs peers
About
Mr Price Group Limited, together with its subsidiaries, provides fashion-value merchandise in South Africa and internationally. It operates through Apparel, Homeware, Financial Services, and Telecoms segments. The company offers clothing, sportswear, accessories, babywear, football supporters’ gear, casual wear, schoolwear, underwear, footwear, sporting equipment, and cosmetics; home textiles, décor products, accessories, kitchen and dining products, furniture, and kids merchandise; and mobile devices and accessories, as well as value added services, such as airtime, data, electricity, and DStv and bus ticketing. It also provides fitness, outdoor and team sports performance, and lifestyle products and equipment; and payment solutions, credit services, insurance products, and telecoms products. In addition, the company offers private-label assortment products, such as various homeware in home textiles; and small appliances, table and barware products, bed and bath products, and outdoor and specialist food and drink products. It serves its customers through omnichannel retail distribution, as well as through its online channels. The company was founded in 1885 and is headquartered in Durban, South Africa.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. In particular, the stock is underpriced on P/E, 'cheap'
Target Price
The average target price of MRP.JO is 24344 and suggests 51.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to i