What is Shoprite Holdings Ltd ADR?
Shoprite Holdings Ltd, an investment holding company, engages in the food retail and wholesale business in South Africa and internationally.
The story behind the price, the case for and against, and what could go wrong. Open a part to read it.
Shoprite Holdings Ltd, an investment holding company, engages in the food retail and wholesale business in South Africa and internationally. It operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, and Other Operating segments. The company is listed on the PINK in USA, operating in the Consumer Cyclical sector, with a market capitalisation of 8.88B, and a P/E ratio of 19.1x.
A short list of Department Stores names that are close enough in size to make side-by-side comparison useful.