Pick N Pay Stores Ltd
Pick n Pay Stores Limited, an investment holding company, engages in the retail of food, health and beauty products, general merchandise, clothing, liquor, and additional value-added-services in South Africa and Rest of Africa. The company owns and franchises hypermarkets, supermarkets, clothing stores, liquor stores, superstores, build stores, and express stores. It also offers its products onli… Read more
Pick N Pay Stores Ltd (PIK) - Net Assets
Latest net assets as of August 2025: ZAC10.57 Billion ZAC
Based on the latest financial reports, Pick N Pay Stores Ltd (PIK) has net assets worth ZAC10.57 Billion ZAC as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC47.39 Billion) and total liabilities (ZAC36.82 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC10.57 Billion |
| % of Total Assets | 22.3% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | 223.81% |
| 10-Year Change | 181.31% |
| Growth Volatility | 28.41 |
Pick N Pay Stores Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Pick N Pay Stores Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pick N Pay Stores Ltd (2001–2025)
The table below shows the annual net assets of Pick N Pay Stores Ltd from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | ZAC10.96 Billion | +6104.93% |
| 2024-02-29 | ZAC-182.60 Million | -104.93% |
| 2023-02-28 | ZAC3.70 Billion | -0.35% |
| 2022-02-28 | ZAC3.72 Billion | +9.73% |
| 2021-02-28 | ZAC3.39 Billion | +12.49% |
| 2020-02-29 | ZAC3.01 Billion | -30.27% |
| 2019-02-28 | ZAC4.32 Billion | +7.29% |
| 2018-02-28 | ZAC4.02 Billion | -1.37% |
| 2017-02-28 | ZAC4.08 Billion | +4.66% |
| 2016-02-29 | ZAC3.90 Billion | +24.53% |
| 2015-02-28 | ZAC3.13 Billion | +15.82% |
| 2014-02-28 | ZAC2.70 Billion | +11.86% |
| 2013-02-28 | ZAC2.42 Billion | +0.49% |
| 2012-02-29 | ZAC2.40 Billion | +11.36% |
| 2011-02-28 | ZAC2.16 Billion | +0.66% |
| 2010-02-28 | ZAC2.14 Billion | +26.47% |
| 2009-02-28 | ZAC1.70 Billion | +18.28% |
| 2008-02-29 | ZAC1.43 Billion | +41.20% |
| 2007-02-28 | ZAC1.02 Billion | +17.35% |
| 2006-02-28 | ZAC865.30 Million | -19.79% |
| 2005-02-28 | ZAC1.08 Billion | -4.73% |
| 2004-02-29 | ZAC1.13 Billion | +13.34% |
| 2003-02-28 | ZAC999.10 Million | -18.17% |
| 2002-02-28 | ZAC1.22 Billion | +38.39% |
| 2001-02-28 | ZAC882.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pick N Pay Stores Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1107.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC7.30 Billion | 70.90% |
| Common Stock | ZAC3.88 Billion | 37.71% |
| Other Comprehensive Income | ZAC-391.00 Million | -3.80% |
| Total Equity | ZAC10.30 Billion | 100.00% |
Pick N Pay Stores Ltd Competitors by Market Cap
The table below lists competitors of Pick N Pay Stores Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Salee Industry Public Company Limited
BK:SALEE
|
$7.25 Million |
|
Sakthi Sugars Limited
NSE:SAKHTISUG
|
$7.25 Million |
|
Worth Peripherals Limited
NSE:WORTH
|
$7.26 Million |
|
INTER-ROCK MINLS
F:R77
|
$7.26 Million |
|
Cemtrex Inc
NASDAQ:CETX
|
$7.25 Million |
|
Art Emperor Technology And Culture Co., Ltd.
TWO:6650
|
$7.24 Million |
|
Carnegie Clean Energy Limited
OTCQB:CWGYF
|
$7.24 Million |
|
Agriculture & Natural Solutions Acquisition Corporation Warrant
NASDAQ:ANSCW
|
$7.24 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pick N Pay Stores Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -182,600,000 to 10,297,000,000, a change of 10,479,600,000.
- Net loss of 736,000,000 reduced equity.
- New share issuances of 11,839,000,000 increased equity.
- Other comprehensive income decreased equity by 3,200,000.
- Other factors decreased equity by 620,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC-736.00 Million | -7.15% |
| Share Issuances | ZAC11.84 Billion | +114.98% |
| Other Comprehensive Income | ZAC-3.20 Million | -0.03% |
| Other Changes | ZAC-620.20 Million | -6.02% |
| Total Change | ZAC- | % |
Book Value vs Market Value Analysis
This analysis compares Pick N Pay Stores Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 118.03x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 1129.49x to 118.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-02-28 | ZAC1.62 | ZAC1833.00 | x |
| 2002-02-28 | ZAC2.34 | ZAC1833.00 | x |
| 2003-02-28 | ZAC1.96 | ZAC1833.00 | x |
| 2004-02-29 | ZAC2.27 | ZAC1833.00 | x |
| 2005-02-28 | ZAC2.16 | ZAC1833.00 | x |
| 2006-02-28 | ZAC1.75 | ZAC1833.00 | x |
| 2007-02-28 | ZAC2.09 | ZAC1833.00 | x |
| 2008-02-29 | ZAC3.00 | ZAC1833.00 | x |
| 2009-02-28 | ZAC1.89 | ZAC1833.00 | x |
| 2010-02-28 | ZAC4.46 | ZAC1833.00 | x |
| 2011-02-28 | ZAC4.46 | ZAC1833.00 | x |
| 2012-02-29 | ZAC4.94 | ZAC1833.00 | x |
| 2013-02-28 | ZAC4.98 | ZAC1833.00 | x |
| 2014-02-28 | ZAC5.57 | ZAC1833.00 | x |
| 2015-02-28 | ZAC6.45 | ZAC1833.00 | x |
| 2016-02-29 | ZAC7.99 | ZAC1833.00 | x |
| 2017-02-28 | ZAC8.25 | ZAC1833.00 | x |
| 2018-02-28 | ZAC8.33 | ZAC1833.00 | x |
| 2019-02-28 | ZAC8.97 | ZAC1833.00 | x |
| 2020-02-29 | ZAC6.29 | ZAC1833.00 | x |
| 2021-02-28 | ZAC7.04 | ZAC1833.00 | x |
| 2022-02-28 | ZAC7.72 | ZAC1833.00 | x |
| 2023-02-28 | ZAC7.68 | ZAC1833.00 | x |
| 2024-02-29 | ZAC-0.38 | ZAC1833.00 | x |
| 2025-02-28 | ZAC15.53 | ZAC1833.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pick N Pay Stores Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -7.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.61%
- • Asset Turnover: 2.60x
- • Equity Multiplier: 4.55x
- Recent ROE (-7.15%) is below the historical average (39.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 39.74% | 2.21% | 4.00x | 4.49x | ZAC250.70 Million |
| 2002 | 32.73% | 2.12% | 3.83x | 4.03x | ZAC277.51 Million |
| 2003 | 45.42% | 1.73% | 4.92x | 5.33x | ZAC353.89 Million |
| 2004 | 45.54% | 1.76% | 4.87x | 5.30x | ZAC402.46 Million |
| 2005 | 47.80% | 1.76% | 4.69x | 5.79x | ZAC407.82 Million |
| 2006 | 75.07% | 2.04% | 4.73x | 7.79x | ZAC563.07 Million |
| 2007 | 66.54% | 1.72% | 5.05x | 7.67x | ZAC574.06 Million |
| 2008 | 65.34% | 2.06% | 4.88x | 6.49x | ZAC793.43 Million |
| 2009 | 116.70% | 2.10% | 4.71x | 11.77x | ZAC958.47 Million |
| 2010 | 55.44% | 2.16% | 4.91x | 5.22x | ZAC974.44 Million |
| 2011 | 36.36% | 1.51% | 4.68x | 5.14x | ZAC569.02 Million |
| 2012 | 46.32% | 2.01% | 4.68x | 4.92x | ZAC873.09 Million |
| 2013 | 22.79% | 0.93% | 4.55x | 5.39x | ZAC309.00 Million |
| 2014 | 21.60% | 0.92% | 4.47x | 5.22x | ZAC313.44 Million |
| 2015 | 27.53% | 1.29% | 4.55x | 4.70x | ZAC548.69 Million |
| 2016 | 27.33% | 1.47% | 4.37x | 4.25x | ZAC675.62 Million |
| 2017 | 30.48% | 1.60% | 4.28x | 4.44x | ZAC835.57 Million |
| 2018 | 32.22% | 1.59% | 4.30x | 4.72x | ZAC893.94 Million |
| 2019 | 38.21% | 1.87% | 4.45x | 4.60x | ZAC1.22 Billion |
| 2020 | 39.69% | 1.34% | 2.66x | 11.13x | ZAC893.69 Million |
| 2021 | 28.56% | 1.02% | 2.50x | 11.17x | ZAC628.48 Million |
| 2022 | 32.69% | 1.22% | 2.47x | 10.86x | ZAC842.93 Million |
| 2023 | 31.60% | 1.08% | 2.56x | 11.44x | ZAC799.62 Million |
| 2024 | 0.00% | -2.78% | 2.47x | 0.00x | ZAC-3.17 Billion |
| 2025 | -7.15% | -0.61% | 2.60x | 4.55x | ZAC-1.77 Billion |
Industry Comparison
This section compares Pick N Pay Stores Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $25,127,423,333
- Average return on equity (ROE) among peers: 34.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pick N Pay Stores Ltd (PIK) | ZAC10.57 Billion | 39.74% | 3.48x | $7.25 Million |
| Boxer Retail Ltd (BOX) | $1.94 Billion | 71.22% | 5.56x | $1.69 Billion |
| Pepkor Holdings Ltd (PPH) | $58.19 Billion | 8.38% | 0.78x | $50.99 Million |
| Shoprite Holdings Ltd (SHP) | $15.25 Billion | 23.59% | 1.20x | $78.73 Million |