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If you invested in R10 000 in Woolworths Holdings Limited in 2000, how much money would you have now?

If you invested in R10 000 in Woolworths Holdings Limited in 2000, how much money would you have now?

Overview

Woolworths Holdings Limited (JSE: WHL) is a retailer based in South Africa, with operations that are spread across the entire Southern Hemisphere. Woolworths’ core business is focused on the provision of retail goods as well as services to aspirational customers across South Africa and more than 1,400 different stores.

Woolworths consists of three main business segments namely Woolworths South Africa, which is based in the country and operates across 11 countries in sub-Saharan Africa, David Jones, which is based and trades from Australia and New Zealand, and Country Road Group, based in Australia and trading in South Africa, New Zealand, and Australia.

Woolworths has more than 43,000 employees that form its staff complement, spread across 14 countries and the retailer was first listed on the Johannesburg Stock Exchange (JSE) in 1997, although its history can be traced back from as early as 1931 when it was founded by Max Sonnenberg.

If you invested R10 000 in Woolworths in 2000, how much money would you have now?

The Initial Public Offering for Woolworths was held in 1997 after the F. W. Woolworth Company went out of business and started to focus on sporting goods, renaming itself Venator Group.

Woolworths Holdings Limited started trading on the JSE from this point and the earliest price data for WHL stocks indicate that shares were R3.90 in 2000, which means that your R10,000 investment would have gotten you 2,564 WHL shares.

WHL shares are currently priced at R61.14 per share, which means that your investment would be worth R156,762.96 giving you a return on investment of R146,762.96 or 1,460%. WHL shares have significantly increased in value over the past two decades, with record highs recorded in 2015, when the price on WHL shares was R102.00 per share.

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