Steinhoff – Hot or Not

PUBLISHED: Thu, 31 Aug 2017 05:22:05 GMT

Steinhoff (SNH) is an integrated retailer that manufactures sources and retails furniture and household goods in Europe, Africa and Australasia. It recently acquired Pepkor and Mattress Firm, and listed in Frankfurt. It has a market cap of R265.6 billion, a price to earnings ratio of 12.85 and a dividend yield of 3.59 per cent. Guest Chris Gilmour, Absa Investments and resident expert Paul Theron from Vestact decide whether Steinhoff hot or not.

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