Cashbuild Limited. JSE: CSB

Cashbuild shares

Background of Cashbuild

  • Cashbuild is a South African-based building materials and buildings products retailer which was established in 1978. Cashbuild shares have been available to buy on the main board of the Johannesburg Stock Exchange (JSE) since 1986.

  • Cashbuild is today one of the largest such retailers in Africa, making products for sale to cash-paying customers through 233 stores situated in rural and urban areas of South Africa, Botswana, Namibia, Swaziland, Lesotho and Malawi. The company’s product portfolio caters to everyone from home builders and home improvers, to farmers, contractors, traders and any other customers looking to buy quality building materials for cash.

  • The company employs around 5 000 people and recorded record operating profits of R465 million in the 2015 financial year.

Cashbuild Shares Growth Driver

  • Cashbuild share price emerged as one of the JSE’s shining stars for the financial year ending June 2015, taking its place amongst the top 20 performing shares on the bourse. Revenue for the year was up by 13% to more than R7 billion, net asset value per share grew by 10% and dividends increased by 35% per share.

  • The company has established a successful business model of bringing quality building materials to the market at the lowest possible prices. This model also reaped rewards for the company in the last six months of 2015, despite tough trade conditions, with operating profits climbing 32% from the previous year.

  • Home renovations have been a big contributor to growth, and Cashbuild expanded its operations and profits in all nine of South Africa’s provinces. Analysts have said that, considering the current unstable economic environment and consumer malaise, Cashbuild has remained remarkably strong and resilient. New drives to invest capital expenditure in Cashbuild’s footprint and compete in a strained marketplace have met with great success, illustrating the quality of the company’s management team and business model.

  • Success has widely been attributed to leadership changes, with CEO Werner de Jager (appointed in 2011) adopting a more aggressive strategy to buy into acquisitions and expansions.

Cashbuild Group Investor Tip

  • Cashbuild has amazed investment analysts with its ability to shine in unfavourable economic conditions. Whilst other retailers buckle under the strain, Cashbuild continues to record remarkably positive financial data and overall performance.

  • There is some evidence that residential building activity in South Africa is improving, which will undoubtedly benefit Cashbuild and Cashbuild share price in the future. As of June 2016, the live online stocks chart showed that Cashbuild share price was more than three times higher than it was in 2012, standing at around R340 per share. Analysts forecast that Cashbuild share price and dividends will continue to improve in the future. Current shareholders and those who buy Cashbuild shares can therefore expect solid returns from what is a very resilient, debt-free and highly cash-generative company.

Cashbuild Major Shareholders

Public Investment Corporation, PK Goldrick, Cashbuild Empowerment Trust, SRA Investments.

  • Sector

    Consumer Discretionary

  • Industry

    Retail-Discretionary

  • Sub industry

    Home Products Stores

How to buy Cashbuild Group Shares

  • Cashbuild : How to buy Cashbuild Group Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Cashbuild Holdings Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Cashbuild Group and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Cashbuild Group shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Cashbuild Group.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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Cashbuild
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