Edge

Where the wind is blowing.

The screen we start our week with. It sets the South African macro backdrop against each company’s earnings, valuation and price trend, and flags what could move it next.

The backdropThe economy, right now.

  • Interest rates

    7.25%

    Rates rising

    Next release: 19 Nov 2026

  • Inflation

    4.4% (Aug)

    Inflation steady

    Next release: 21 Oct 2026

  • Retail sales

    +3.4% (Jul)

    Retail sales picking up

    Next release: 21 Oct 2026

  • Consumer confidence

    -13 (Q3)

    Shoppers more confident

  • The rand

    R16.38/$

    Rand steady

  • Economic growth

    0.9% (Q2)

    Growth slowing

  • Credit growth

    7.5% (Aug)

    Lending slowing

    Next release: 29 Oct 2026

  • New vehicle sales

    57,900 (Aug)

    Car sales up on last year

    Next release: 01 Oct 2026

The screenEvery share, ranked.

1Exemplar REITailEXP · Where we shop757886509089Wed, 21 Oct Retail Sales YoY (Aug)
Trend
78
Earnings
86
Macro
50
Value
90
RSI
89

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Beat the Top 40 by 9988.8 points over three months
  • Revenue up 12.5% on the year
  • Earnings up 34.3%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
  • RSI 89: stretched after a strong run
Open the share page: Exemplar REITail →
2ShopriteSHP · Grocers719658831563Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
96
Earnings
58
Macro
83
Value
15
RSI
63

Tailwinds

  • Retail sales picking up (Grocers: sells straight into household spending)
  • Above its 200-day average
  • Beat the Top 40 by 12.1 points over three months
  • Revenue up 8.0% on the year
  • Earnings up 9.6%

Headwinds

  • None showing
Open the share page: Shoprite →
3KaroooooKRO · Moving goods709979501843Tue, 13 Oct Karooooo: results
Trend
99
Earnings
79
Macro
50
Value
18
RSI
43

Tailwinds

  • Retail sales picking up (Moving goods: sells straight into household spending)
  • Above its 200-day average
  • Beat the Top 40 by 20.8 points over three months
  • Revenue up 22.5% on the year
  • Earnings up 11.4%

Headwinds

  • Growth slowing (Moving goods: moves with the wider economy)
Open the share page: Karooooo →
4FairvestFTB · Where we shop666975507351Wed, 21 Oct Retail Sales YoY (Aug)
Trend
69
Earnings
75
Macro
50
Value
73
RSI
51

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 18.1% on the year
  • Earnings up 10.0%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
  • Lagged the Top 40 by 4.6 points over three months
Open the share page: Fairvest →
5VukileVKE · Where we shop667092504157Wed, 21 Oct Retail Sales YoY (Aug)
Trend
70
Earnings
92
Macro
50
Value
41
RSI
57

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 19.6% on the year
  • Earnings up 57.1%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
Open the share page: Vukile →
6HypropHYP · Where we shop658867503567Wed, 07 Oct Hyprop: ex-dividend
Trend
88
Earnings
67
Macro
50
Value
35
RSI
67

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Beat the Top 40 by 3.4 points over three months
  • Revenue up 4.4% on the year
  • Earnings up 122.9%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
Open the share page: Hyprop →
7Sea HarvestSHG · On the shelf656150679751Wed, 07 Oct Sea Harvest: ex-dividend
Trend
61
Earnings
50
Macro
67
Value
97
RSI
51

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)

Headwinds

  • Below its 200-day average
Open the share page: Sea Harvest →
8Combined Motor HoldingsCMH · On the road656292387151Thu, 01 Oct Total New Vehicle Sales (Sep)
Trend
62
Earnings
92
Macro
38
Value
71
RSI
51

Tailwinds

  • Car sales up on last year (On the road: sells and finances cars)
  • Revenue up 20.7% on the year
  • Earnings up 40.2%

Headwinds

  • Rates rising (On the road: customers borrow to buy, or value rides on rates)
  • Lending slowing (On the road: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 6.3 points over three months
Open the share page: Combined Motor Holdings →
9AB InBevANH · On the shelf646787671339Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
67
Earnings
87
Macro
67
Value
13
RSI
39

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Revenue up 11.0% on the year
  • Earnings up 124.9%

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 8.0 points over three months
Open the share page: AB InBev →
10Lighthouse PropertiesLTE · Where we shop628160504248Wed, 21 Oct Retail Sales YoY (Aug)
Trend
81
Earnings
60
Macro
50
Value
42
RSI
48

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Beat the Top 40 by 3.1 points over three months
  • Revenue up 10.9% on the year
  • Earnings up 5.6%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
Open the share page: Lighthouse Properties →
11SpurSUR · Eating out628533507655Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
85
Earnings
33
Macro
50
Value
76
RSI
55

Tailwinds

  • Shoppers more confident (Eating out: discretionary spend follows the mood)
  • Above its 200-day average
  • Revenue up 8.5% on the year

Headwinds

  • Rates rising (Eating out: customers borrow to buy, or value rides on rates)
  • Earnings down 92.5%
Open the share page: Spur →
12FortressFFB · Where we shop618251504955Wed, 14 Oct Fortress: ex-dividend
Trend
82
Earnings
51
Macro
50
Value
49
RSI
55

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Earnings up 124.4%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
  • Revenue down 2.6% on the year
Open the share page: Fortress →
13AttacqATT · Where we shop618154504264Wed, 07 Oct Attacq: ex-dividend
Trend
81
Earnings
54
Macro
50
Value
42
RSI
64

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 9.6% on the year

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
Open the share page: Attacq →
14BoxerBOX · Grocers61824283562Mon, 12 Oct Boxer: results
Trend
82
Earnings
42
Macro
83
Value
5
RSI
62

Tailwinds

  • Retail sales picking up (Grocers: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 5.9% on the year

Headwinds

  • None showing
Open the share page: Boxer →
15OceanaOCE · On the shelf607634675541Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
76
Earnings
34
Macro
67
Value
55
RSI
41

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Above its 200-day average
  • Earnings up 12.7%

Headwinds

  • Lagged the Top 40 by 8.5 points over three months
  • Revenue down 6.0% on the year
Open the share page: Oceana →
16PremierPMR · On the shelf606567672556Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
65
Earnings
67
Macro
67
Value
25
RSI
56

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 6.8% on the year
  • Earnings up 25.7%

Headwinds

  • Lagged the Top 40 by 7.2 points over three months
Open the share page: Premier →
17Southern SunSSU · Going out596883333946Nothing in the next 3 weeks
Trend
68
Earnings
83
Macro
33
Value
39
RSI
46

Tailwinds

  • Shoppers more confident (Going out: discretionary spend follows the mood)
  • Revenue up 11.7% on the year
  • Earnings up 31.0%

Headwinds

  • Rates rising (Going out: customers borrow to buy, or value rides on rates)
  • Growth slowing (Going out: moves with the wider economy)
  • Below its 200-day average
Open the share page: Southern Sun →
18VodacomVOD · Payments587968333748Nothing in the next 3 weeks
Trend
79
Earnings
68
Macro
33
Value
37
RSI
48

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)
  • Above its 200-day average
  • Revenue up 9.4% on the year
  • Earnings up 17.0%

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
Open the share page: Vodacom →
19NEPI RockcastleNRP · Where we shop587544505641Wed, 21 Oct Retail Sales YoY (Aug)
Trend
75
Earnings
44
Macro
50
Value
56
RSI
41

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Revenue up 4.3% on the year
  • Earnings up 7.4%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
  • Below its 200-day average
Open the share page: NEPI Rockcastle →
20Astral FoodsARL · On the shelf56991679136Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
9
Earnings
91
Macro
67
Value
91
RSI
36

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Revenue up 11.4% on the year
  • Earnings up 392.7%

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 20.0 points over three months
Open the share page: Astral Foods →
21Tsogo SunTSG · Going out566551338352Nothing in the next 3 weeks
Trend
65
Earnings
51
Macro
33
Value
83
RSI
52

Tailwinds

  • Shoppers more confident (Going out: discretionary spend follows the mood)
  • Above its 200-day average
  • Revenue up 0.8% on the year
  • Earnings up 23.1%

Headwinds

  • Rates rising (Going out: customers borrow to buy, or value rides on rates)
  • Growth slowing (Going out: moves with the wider economy)
  • Lagged the Top 40 by 7.1 points over three months
Open the share page: Tsogo Sun →
22Purple GroupPPE · Payments546169335043Nothing in the next 3 weeks
Trend
61
Earnings
69
Macro
33
Value
50
RSI
43

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)
  • Beat the Top 40 by 10.2 points over three months
  • Revenue up 8.9% on the year
  • Earnings up 21.5%

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
Open the share page: Purple Group →
23Resilient REITRES · Where we shop545468503944Wed, 21 Oct Retail Sales YoY (Aug)
Trend
54
Earnings
68
Macro
50
Value
39
RSI
44

Tailwinds

  • Retail sales picking up (Where we shop: sells straight into household spending)
  • Revenue up 5.7% on the year
  • Earnings up 57.5%

Headwinds

  • Rates rising (Where we shop: customers borrow to buy, or value rides on rates)
  • Below its 200-day average
  • Lagged the Top 40 by 6.0 points over three months
Open the share page: Resilient REIT →
24Super GroupSPG · Moving goods546142506439Wed, 21 Oct Retail Sales YoY (Aug)
Trend
61
Earnings
42
Macro
50
Value
64
RSI
39

Tailwinds

  • Retail sales picking up (Moving goods: sells straight into household spending)
  • Revenue up 11.1% on the year

Headwinds

  • Growth slowing (Moving goods: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 8.7 points over three months
  • Earnings down 91.3%
Open the share page: Super Group →
25LesakaLSK · Payments544687335047Nothing in the next 3 weeks
Trend
46
Earnings
87
Macro
33
Value
50
RSI
47

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)
  • Revenue up 11.8% on the year

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 8.2 points over three months
Open the share page: Lesaka →
26CapitecCPI · Payments53688133531Wed, 30 Sept Capitec: results
Trend
68
Earnings
81
Macro
33
Value
5
RSI
31

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)
  • Revenue up 16.4% on the year
  • Earnings up 20.8%

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 7.4 points over three months
Open the share page: Capitec →
27BidcorpBID · Moving goods528429502144Wed, 21 Oct Retail Sales YoY (Aug)
Trend
84
Earnings
29
Macro
50
Value
21
RSI
44

Tailwinds

  • Retail sales picking up (Moving goods: sells straight into household spending)
  • Above its 200-day average

Headwinds

  • Growth slowing (Moving goods: moves with the wider economy)
  • Revenue down 1.5% on the year
Open the share page: Bidcorp →
28Famous BrandsFBR · Eating out524452507349Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
44
Earnings
52
Macro
50
Value
73
RSI
49

Tailwinds

  • Shoppers more confident (Eating out: discretionary spend follows the mood)
  • Revenue up 5.6% on the year
  • Earnings up 11.8%

Headwinds

  • Rates rising (Eating out: customers borrow to buy, or value rides on rates)
  • Below its 200-day average
  • Lagged the Top 40 by 14.7 points over three months
Open the share page: Famous Brands →
29Mr PriceMRP · Fashion515837506049Wed, 21 Oct Retail Sales YoY (Aug)
Trend
58
Earnings
37
Macro
50
Value
60
RSI
49

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)
  • Revenue up 3.3% on the year

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 6.8 points over three months
Open the share page: Mr Price →
30Sun InternationalSUI · Going out505841337633Nothing in the next 3 weeks
Trend
58
Earnings
41
Macro
33
Value
76
RSI
33

Tailwinds

  • Shoppers more confident (Going out: discretionary spend follows the mood)
  • Revenue up 6.4% on the year

Headwinds

  • Rates rising (Going out: customers borrow to buy, or value rides on rates)
  • Growth slowing (Going out: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 14.7 points over three months
Open the share page: Sun International →
31MotusMTH · On the road505245387642Thu, 01 Oct Total New Vehicle Sales (Sep)
Trend
52
Earnings
45
Macro
38
Value
76
RSI
42

Tailwinds

  • Car sales up on last year (On the road: sells and finances cars)
  • Earnings up 22.8%

Headwinds

  • Rates rising (On the road: customers borrow to buy, or value rides on rates)
  • Lending slowing (On the road: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 3.2 points over three months
  • Revenue down 1.0% on the year
Open the share page: Motus →
32LewisLEW · Home & build504071258044Nothing in the next 3 weeks
Trend
40
Earnings
71
Macro
25
Value
80
RSI
44

Tailwinds

  • Shoppers more confident (Home & build: discretionary spend follows the mood)
  • Revenue up 11.0% on the year
  • Earnings up 12.7%

Headwinds

  • Rates rising (Home & build: customers borrow to buy, or value rides on rates)
  • Lending slowing (Home & build: sells on credit or to borrowers)
  • Growth slowing (Home & build: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 11.6 points over three months
Open the share page: Lewis →
33RichemontCFR · Fashion49813050747Wed, 21 Oct Retail Sales YoY (Aug)
Trend
81
Earnings
30
Macro
50
Value
7
RSI
47

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)
  • Above its 200-day average
  • Revenue up 4.2% on the year

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Lagged the Top 40 by 5.7 points over three months
  • Earnings down 27.2%
Open the share page: Richemont →
34ClicksCLS · Health & beauty4918541002756Wed, 21 Oct Retail Sales YoY (Aug)
Trend
18
Earnings
54
Macro
100
Value
27
RSI
56

Tailwinds

  • Retail sales picking up (Health & beauty: sells straight into household spending)
  • Revenue up 7.4% on the year
  • Earnings up 8.3%

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 9.5 points over three months
Open the share page: Clicks →
35SPARSPP · Grocers471437838047Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
14
Earnings
37
Macro
83
Value
80
RSI
47

Tailwinds

  • Retail sales picking up (Grocers: sells straight into household spending)
  • Revenue up 3.6% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 8.9 points over three months
Open the share page: SPAR →
36City LodgeCLH · Going out445547333350Nothing in the next 3 weeks
Trend
55
Earnings
47
Macro
33
Value
33
RSI
50

Tailwinds

  • Shoppers more confident (Going out: discretionary spend follows the mood)
  • Revenue up 6.5% on the year

Headwinds

  • Rates rising (Going out: customers borrow to buy, or value rides on rates)
  • Growth slowing (Going out: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 3.2 points over three months
Open the share page: City Lodge →
37British American TobaccoBTI · On the shelf444024674642Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
40
Earnings
24
Macro
67
Value
46
RSI
42

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Revenue up 1.4% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 9.7 points over three months
  • Earnings down 28.6%
Open the share page: British American Tobacco →
38LibstarLBR · On the shelf432519678749Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
25
Earnings
19
Macro
67
Value
87
RSI
49

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Revenue up 0.7% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 15.2 points over three months
  • Earnings down 42.1%
Open the share page: Libstar →
39Dis-ChemDCP · Health & beauty431643100946Wed, 21 Oct Retail Sales YoY (Aug)
Trend
16
Earnings
43
Macro
100
Value
9
RSI
46

Tailwinds

  • Retail sales picking up (Health & beauty: sells straight into household spending)
  • Revenue up 9.9% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 18.0 points over three months
  • Earnings down 42.5%
Open the share page: Dis-Chem →
40Quantum FoodsQFH · On the shelf42839678047Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
8
Earnings
39
Macro
67
Value
80
RSI
47

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • Earnings up 22.0%

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 19.9 points over three months
  • Revenue down 4.8% on the year
Open the share page: Quantum Foods →
41PepkorPPH · Fashion411571503931Wed, 21 Oct Retail Sales YoY (Aug)
Trend
15
Earnings
71
Macro
50
Value
39
RSI
31

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)
  • Revenue up 13.2% on the year
  • Earnings up 9.4%

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 17.8 points over three months
Open the share page: Pepkor →
42Pick n PayPIK · Grocers40451283754Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
45
Earnings
12
Macro
83
Value
7
RSI
54

Tailwinds

  • Retail sales picking up (Grocers: sells straight into household spending)

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 6.8 points over three months
  • Revenue down 2.4% on the year
Open the share page: Pick n Pay →
43AVIAVI · On the shelf402321676935Wed, 14 Oct AVI: ex-dividend
Trend
23
Earnings
21
Macro
67
Value
69
RSI
35

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 17.9 points over three months
  • Revenue down 2.6% on the year
Open the share page: AVI →
44ProsusPRX · Platforms403050502940Nothing in the next 3 weeks
Trend
30
Earnings
50
Macro
50
Value
29
RSI
40

Tailwinds

  • None showing

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 8.2 points over three months
Open the share page: Prosus →
45MTNMTN · Payments394044333931Nothing in the next 3 weeks
Trend
40
Earnings
44
Macro
33
Value
39
RSI
31

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)
  • Revenue up 8.8% on the year

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 19.3 points over three months
  • Earnings down 25.6%
Open the share page: MTN →
46Tiger BrandsTBS · On the shelf392226675224Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
22
Earnings
26
Macro
67
Value
52
RSI
24

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)
  • RSI 24: oversold after a sharp fall
  • Revenue up 1.3% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 17.3 points over three months
  • Earnings down 19.4%
Open the share page: Tiger Brands →
47TruworthsTRU · Fashion381924508740Wed, 21 Oct Retail Sales YoY (Aug)
Trend
19
Earnings
24
Macro
50
Value
87
RSI
40

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 23.6 points over three months
  • Revenue down 0.4% on the year
  • Earnings down 11.1%
Open the share page: Truworths →
48WoolworthsWHL · Fashion37665504332Wed, 21 Oct Retail Sales YoY (Aug)
Trend
6
Earnings
65
Macro
50
Value
43
RSI
32

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)
  • Revenue up 3.1% on the year
  • Earnings up 247.0%

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 25.6 points over three months
Open the share page: Woolworths →
49ChoppiesCHP · Grocers37055831629Wed, 21 Oct Inflation Rate YoY (Sep)
Trend
0
Earnings
55
Macro
83
Value
16
RSI
29

Tailwinds

  • Retail sales picking up (Grocers: sells straight into household spending)
  • RSI 29: oversold after a sharp fall
  • Revenue up 6.8% on the year

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 46.2 points over three months
Open the share page: Choppies →
50RCL FoodsRCL · On the shelf37244677242Wed, 14 Oct RCL Foods: ex-dividend
Trend
24
Earnings
4
Macro
67
Value
72
RSI
42

Tailwinds

  • Retail sales picking up (On the shelf: sells straight into household spending)

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 13.9 points over three months
  • Revenue down 13.5% on the year
  • Earnings down 81.7%
Open the share page: RCL Foods →
51NaspersNPN · Platforms361750503137Nothing in the next 3 weeks
Trend
17
Earnings
50
Macro
50
Value
31
RSI
37

Tailwinds

  • None showing

Headwinds

  • Below its 200-day average
  • Lagged the Top 40 by 15.9 points over three months
Open the share page: Naspers →
52Blu LabelBLU · Payments35410338235Nothing in the next 3 weeks
Trend
41
Earnings
0
Macro
33
Value
82
RSI
35

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 6.1 points over three months
  • Revenue down 45.0% on the year
  • Earnings down 94.3%
Open the share page: Blu Label →
53CashbuildCSB · Home & build342438256439Nothing in the next 3 weeks
Trend
24
Earnings
38
Macro
25
Value
64
RSI
39

Tailwinds

  • Shoppers more confident (Home & build: discretionary spend follows the mood)
  • Revenue up 7.9% on the year

Headwinds

  • Rates rising (Home & build: customers borrow to buy, or value rides on rates)
  • Lending slowing (Home & build: sells on credit or to borrowers)
  • Growth slowing (Home & build: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 13.0 points over three months
  • Earnings down 40.3%
Open the share page: Cashbuild →
54TelkomTKG · Payments333814335543Nothing in the next 3 weeks
Trend
38
Earnings
14
Macro
33
Value
55
RSI
43

Tailwinds

  • Shoppers more confident (Payments: discretionary spend follows the mood)

Headwinds

  • Growth slowing (Payments: moves with the wider economy)
  • Lending slowing (Payments: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 8.3 points over three months
  • Revenue down 0.7% on the year
  • Earnings down 69.8%
Open the share page: Telkom →
55ItaltileITE · Home & build333124256638Nothing in the next 3 weeks
Trend
31
Earnings
24
Macro
25
Value
66
RSI
38

Tailwinds

  • Shoppers more confident (Home & build: discretionary spend follows the mood)

Headwinds

  • Rates rising (Home & build: customers borrow to buy, or value rides on rates)
  • Lending slowing (Home & build: sells on credit or to borrowers)
  • Growth slowing (Home & build: moves with the wider economy)
  • Below its 200-day average
  • Lagged the Top 40 by 22.6 points over three months
  • Revenue down 0.7% on the year
  • Earnings down 5.2%
Open the share page: Italtile →
56TFGTFG · Fashion28520506037Wed, 21 Oct Retail Sales YoY (Aug)
Trend
5
Earnings
20
Macro
50
Value
60
RSI
37

Tailwinds

  • Shoppers more confident (Fashion: discretionary spend follows the mood)
  • Retail sales picking up (Fashion: sells straight into household spending)
  • Revenue up 2.7% on the year

Headwinds

  • Rates rising (Fashion: customers borrow to buy, or value rides on rates)
  • Lending slowing (Fashion: sells on credit or to borrowers)
  • Below its 200-day average
  • Lagged the Top 40 by 21.2 points over three months
  • Earnings down 80.7%
Open the share page: TFG →

Coming upThe next three weeks.

  1. Wed, 30 SeptCapitec: results
  2. Thu, 01 OctTotal New Vehicle Sales (Sep)Touches: MTH, CMH
  3. Wed, 07 OctHyprop: ex-dividend
  4. Wed, 07 OctSea Harvest: ex-dividend
  5. Wed, 07 OctAttacq: ex-dividend
  6. Mon, 12 OctBoxer: results
  7. Tue, 13 OctKarooooo: results (expected)
  8. Wed, 14 OctAVI: ex-dividend
  9. Wed, 14 OctRCL Foods: ex-dividend
  10. Wed, 14 OctFortress: ex-dividend
  11. Wed, 21 OctInflation Rate YoY (Sep)Touches: SHP, PIK, BOX, SPP, CHP, TBS, AVI, RCL, PMR, LBR, ARL, QFH, OCE, SHG, ANH, BTI, FBR, SUR
  12. Wed, 21 OctRetail Sales YoY (Aug)Touches: SHP, PIK, BOX, SPP, CHP, TBS, AVI, RCL, PMR, LBR, ARL, QFH, OCE, SHG, ANH, BTI, MRP, TFG, PPH, WHL, TRU, CFR, CLS, DCP, HYP, RES, VKE, FFB, FTB, EXP, ATT, NRP, LTE, SPG, KRO, BID

How the score works

  1. 01

    Trend (35%): where the price sits against its 50 and 200-day averages, and its three-month move against the JSE Top 40.

  2. 02

    Earnings (25%): revenue and earnings growth from the latest reported numbers.

  3. 03

    Macro (25%): each segment’s exposure to rates, inflation, retail sales, confidence, the rand, growth, lending and car sales, set against which way each is moving now.

  4. 04

    Value (15%): forward price-to-earnings (lower scores higher) and dividend yield.

  5. 05

    Trend, earnings and value are ranked against the other shares on the list, so 50 is the middle of the pack, not a pass mark. Missing data counts as the middle.

  6. 06

    The macro reading compares the latest release with the one three months or three releases earlier; the rand compares with three months ago.

Artive Capital doesn’t raise outside capital; it only trades and invests Artive’s own, and has no clients. This is a screen we use to decide where to look, not a recommendation to buy or sell anything. Prices are delayed and third-party data can be wrong; check with your broker before you act.

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