PIKN at R7.99 is still wrestling with structural headwinds in retail, but the recent bounce suggests some relief on margin pressure and improved inventory management. At these levels you're looking at a dividend yield that matters to income players, though until revenue stabilise
Pick N Pay Stores LTD NPL (JSE: PIKN)
- Open
- R7.55
- Prev Close
- R7.83
- Day High
- R8.00
- Day Low
- R7.00
Key statistics
| Market cap | N/A |
|---|---|
| P/E | N/A |
| EPS | N/A |
| Div yield | N/A |
| 52W high | N/A |
| 52W low | N/A |
| Volume | 3.53M |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from live member stances recorded by registered members on this page.
PIKN up 2% to R7.99 today, but still trailing Shoprite by a country mile on both valuation and execution. Hard to get excited about a grocer trading at 8x PE when its main competitor has better margins and actual momentum.
PIKN sitting at R7.99 and the dividend yield is barely worth mentioning at this level. Are we waiting for a proper turnaround in same-store sales, or is the market pricing in more downside before we even think about a bounce?
PIKN at R7.99 is still well below its pre-2020 peaks, which tells you something about the structural pressure on the business. The margin compression in grocery retail is real, competition from Checkers and Shoprite is relentless, and until you see consistent earnings growth rath
Picked up more PIKN at R7.99 because the grocer's valuation looks stretched relative to its 2-3% dividend yield, but I reckon the operational turnaround narrative has legs if management can shift that cost base.
PIKN up 2% today but still trading around 0.8x book value which feels cheap if they can stabilise that operating margin. The dividend yield is sitting north of 6% though, so you're getting paid to wait while they work through the competitive intensity.
PIKN up 2% today while Shoprite's been grinding higher all week. Pick n Pay's still trading at a discount on earnings compared to its peers, so there's value here if management can show some operational improvement in the next quarterly.