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Clicks Group Ltd
JSE:CLS

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Clicks Group Ltd
JSE:CLS
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Price: 26 275 Zac -0.02% Market Closed
Market Cap: 61.4B ZAR

EV/IC

7.3
Current
22%
Cheaper
vs 3-y average of 9.4

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
7.3
=
Enterprise Value
Zac70.4B
/
Invested Capital
8.4B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
7.3
=
Enterprise Value
Zac70.4B
/
Invested Capital
8.4B

Valuation Scenarios

Clicks Group Ltd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (9.4), the stock would be worth Zac33 723.09 (28% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-40%
Maximum Upside
+60%
Average Upside
19%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 7.3 Zac26 275
0%
3-Year Average 9.4 Zac33 723.09
+28%
5-Year Average 9.5 Zac34 077.19
+30%
Industry Average 11.6 Zac41 914.1
+60%
Country Average 4.4 Zac15 722.27
-40%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Higher than 74% of companies in South Africa
Percentile
74rd
Based on 21 companies
74rd percentile
7.3
Low
0.2 — 0.9
Typical Range
0.9 — 4.4
High
4.4 —
Distribution Statistics
South Africa
Min 0.2
30th Percentile 0.9
Median 4.4
70th Percentile 4.4
Max 21.4

Clicks Group Ltd
Glance View

Market Cap
61.4B Zac
Industry
Retail

Clicks Group Ltd, a prominent player in the South African retail landscape, operates primarily within the health and beauty sectors. Founded in 1968, Clicks has cultivated a robust business model centered around its flagship brand, Clicks, a pharmacy, health, and beauty retailer. The company has strategically positioned itself within a niche, catering to the growing demand for health and beauty products in South Africa and beyond. With a network of over 800 stores and more than 600 pharmacies, Clicks provides customers with both in-store and online shopping options, emphasizing convenience and accessibility. This extensive footprint across urban and suburban areas enables the company to serve a broad customer base while reinforcing its brand presence as a household name. The heartbeat of Clicks Group's financial engine is its diversified revenue streams. It generates profit primarily through the sale of health and beauty products, ranging from pharmaceuticals and personal care items to household essentials and healthcare services. Additionally, the company's membership loyalty program, ClubCard, plays a significant role in customer retention and repeat business, rewarding consumers with discounts and special offers. The group further maximizes earnings through United Pharmaceutical Distributors (UPD), its pharmaceutical wholesaler division that supplies a significant portion of South Africa’s clinics, hospitals, and independent pharmacies. This dual-channel business model not only secures market leadership but also anchors the company's sustainable growth trajectory, enabling Clicks Group Ltd to continue expanding its role as a critical provider in the healthcare and beauty retail sector.

CLS Intrinsic Value
24 631.11 Zac
Overvaluation 6%
Intrinsic Value
Price Zac26 275
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