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Clicks Group Ltd
JSE:CLS

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Clicks Group Ltd
JSE:CLS
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Price: 26 595 Zac -3.6% Market Closed
Market Cap: 62.2B ZAR

EV/S

1.3
Current
24%
Cheaper
vs 3-y average of 1.7

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.3
=
Enterprise Value
Zac70.4B
/
Revenue
47.8B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.3
=
Enterprise Value
Zac70.4B
/
Revenue
47.8B

Valuation Scenarios

Clicks Group Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (1.7), the stock would be worth Zac34 986.54 (32% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+346%
Average Upside
141%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.3 Zac26 595
0%
3-Year Average 1.7 Zac34 986.54
+32%
5-Year Average 1.8 Zac35 874.92
+35%
Industry Average 5.8 Zac118 600.62
+346%
Country Average 3.3 Zac67 037.4
+152%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
Zac70.4B
/
Sep 2025
47.8B
=
1.3
Current
Zac70.4B
/
Aug 2026
52.1B
=
1.4
Forward
Zac70.4B
/
Aug 2027
56.4B
=
1.2
Forward
Zac70.4B
/
Aug 2028
61B
=
1.2
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

In line with most companies in South Africa
Percentile
46th
Based on 21 companies
46th percentile
1.3
Low
0.4 — 0.7
Typical Range
0.7 — 4.9
High
4.9 —
Distribution Statistics
South Africa
Min 0.4
30th Percentile 0.7
Median 3.3
70th Percentile 4.9
Max 35.2

Clicks Group Ltd
Glance View

Market Cap
62.2B 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 7%
Intrinsic Value
Price Zac26 595
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