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Mr Price Group Ltd
JSE:MRP

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Mr Price Group Ltd
JSE:MRP
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Price: 28 855 Zac -0.01% Market Closed
Market Cap: 75.1B Zac
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Gross Margin
Mr Price Group Ltd

41.4%
Current
43%
Average
32.8%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
41.4%
=
Gross Profit
15.6B
/
Revenue
37.8B

Gross Margin Across Competitors

Country ZA
Market Cap 75.1B Zac
Gross Margin
41%
Country ES
Market Cap 163.9B EUR
Gross Margin
58%
Country US
Market Cap 142.3B USD
Gross Margin
30%
Country JP
Market Cap 15.8T JPY
Gross Margin
54%
Country ZA
Market Cap 94B Zac
Gross Margin
37%
Country ZA
Market Cap 54.9B Zac
Gross Margin
48%
Country US
Market Cap 51.2B USD
Gross Margin
28%
Country ZA
Market Cap 37B Zac
Gross Margin
52%
Country IN
Market Cap 2.4T INR
Gross Margin
44%
Country SE
Market Cap 245.8B SEK
Gross Margin
53%
Country US
Market Cap 18.3B USD
Gross Margin
43%
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Mr Price Group Ltd
Glance View

Market Cap
75.1B Zac
Industry
Retail

Mr Price Group Ltd. is a leading South African retail company that has carved a niche in the fashion and home decor markets with its value-oriented offerings. Founded in 1985, the company has grown to encompass various retail brands, including Mr Price Apparel, Mr Price Home, and Mr Price Sport. With over 1,500 stores across South Africa and a growing online presence, Mr Price has capitalized on its ability to deliver trendy and affordable products, attracting a diverse customer base in the competitive retail landscape. The company is renowned for its "everyday low prices" strategy, which not only resonates with budget-conscious consumers but has also proven effective in driving sales and sustaining profitability, even during challenging economic times. For investors, Mr Price Group represents a compelling opportunity, exemplifying a resilient business model in a volatile retail environment. The company's strong brand identity, efficient supply chain, and commitment to sustainability position it favorably for future growth, particularly as it explores expansion into new markets. Furthermore, Mr Price's adept use of technology, including its e-commerce platforms, demonstrates its readiness to adapt to modern consumer behaviors. With a strong balance sheet and a history of returning value to shareholders through dividends and share buybacks, Mr Price Group Ltd. stands as a robust investment in the retail sector, promising consistent performance while navigating the complexities of the consumer landscape.

MRP Intrinsic Value
Not Available
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See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
41.4%
=
Gross Profit
15.6B
/
Revenue
37.8B
What is the Gross Margin of Mr Price Group Ltd?

Based on Mr Price Group Ltd's most recent financial statements, the company has Gross Margin of 41.4%.