Added to YB: 2024-06-05
Pitch date: 2024-06-04
CHP.JO [neutral]
Choppies Enterprises Limited
Author Info
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Company Info
Choppies Enterprises Limited operates a chain of supermarkets in Botswana, Zimbabwe, Zambia, Namibia, and internationally.
Market Cap
BWP 904.4M
Pitch Price
N/A
Price Target
N/A
Dividend
6.40%
EV/EBITDA
3.72
P/E
4.60
EV/Sales
0.29
Sector
Consumer Staples Distribution and Retail
Category
value
Choppies Group (BSE: CHOPPIES) (JSE: CHOP) - pass
Choppies (CHP.JO): Leading grocery chain in Botswana, Namibia, Zambia & Zimbabwe w/ 177 stores. Rev CAGR of 5.7% since 2012 IPO; 57% of rev & most profits from Botswana. 3x FCF & 6x NI. Risks: historical accounting issues, Zimbabwe losses, related party deals. Ram CEO has tight grip despite problems.
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