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JSE: SAP
Sappi Ltd.
Last updated: 2026-06-12 17:05:00
R11
▲ 0.02 (0.18%)
Open
11.28
Prev. Close
11
Day Range
10.83 - 11.28
Volume
3 087 228
Market Cap
6.68bn
P/E Ratio
-1.23
EPS (ZARc)
- 897.40
DPS (ZARc)
247
Dividend Yield
22.43%
Issued Shares
607.14m
Price Performance Prices delayed 15 min
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Price Overview
52-Week Range10.78 – 12.37
Open11.28
Previous Close11
Day Range10.83 - 11.28
Volume3 087 228
Move0.02 (0.18%)
P/E Ratio-1.23
EPS- 897.40
Dividend 247
Dividend Yield22.43%
Peer Comparison
CompanyPrice (ZAR)% Change
SAPPI (SAP) R 11.00 +0.18%
YORK (YRK) R 1.94 -0.51%
Latest SENS Announcements
  • 2026-05-28 08:38:24
    Sappi - proposed joint venture
    Sappi, through its wholly owned subsidiary, Sappi Papier Holding GmbH (SPH) announced the formation of a 50/50 joint venture with UPM-Kymmene Oyj (UPM) to combine their European graphic paper businesses, including operations in the UK and US. The transaction involves contributing Sappi’s European graphic paper assets at an enterprise value of EUR320 million and UPM’s communication papers at EUR1.1 billion, with net considerations of EUR267 million and EUR740 million respectively. The total purchase consideration is EUR1.42 billion, settled through upfront cash, equity subscriptions, and shareholder loans. The deal aims to reduce Sappi’s exposure to declining graphic paper markets, improve operational efficiency, and strengthen its balance sheet. The transaction is subject to regulatory approvals, including a Phase II review by the European Commission, and shareholder approval at a general meeting. A circular with full details will be distributed by 30 June 2026.
  • 2026-05-07 09:03:39
    Sappi interim results March 2026
    Revenue for the period dipped to USD2.6 billion (USD2.7 billion) with gross profit plunging to USD47 million (USD349 million). Operating loss was reported at USD440 million (profit of USD123 million). Furthermore, headline loss per share came in at USD28 cents per share. (headline earnings of USD9 cents per share). Outlook The operating environment remains challenging, with a weak global macroeconomic backdrop and persistent geopolitical and trade tensions continuing to undermine market confidence and consumer demand. The escalating conflict in the Middle East has further increased uncertainty in global markets and contributed to higher global oil prices, which are expected to place upward pressure on fuel-related delivery and logistics costs. In addition, ongoing conflict-related disruptions to global supply chains increases the risk of supply constraints and is likely to result in cost inflation across certain raw material categories, particularly chemicals. We continue to monitor these developments closely and will seek to mitigate their impact through disciplined cost management and selective alternate sourcing initiatives where possible. Demand for DWP is expected to remain strong into the third quarter, supported by robust downstream textile fibre demand and pricing momentum across the value chain. Elevated energy, chemical and logistics costs in the value chain, together with higher textile fibre prices, continue to support a more favourable pricing environment for DWP. Against this backdrop, hardwood DWP prices have increased further in recent weeks, rising to approximately USD880 per ton. Due to pricing mechanisms and contractual sales structures, the full benefit of these higher prices is expected to be realised progressively over the next two quarters. In the third quarter, the packaging and speciality papers segment is expected to continue facing headwinds from ongoing pressure on selling prices across our key markets. In North America, sales volumes are expected to grow as we continue to expand our paperboard customer base. We remain focused on actively balancing volume and price dynamics. Graphic papers markets are expected to continue their structural decline in line with historical trends. In response, we remain focused on optimising capacity utilisation and product allocation across our asset base while implementing recently announced price increases in Europe and North America to help offset rising input costs. An annual maintenance shut at the Ngodwana Mill is scheduled for the third quarter and is expected to reduce earnings by approximately USD23 million. The forestry fair value price adjustment for the quarter is anticipated to be negative, primarily as a result of higher fuel costs. Foreign exchange volatility remains a key risk to the group's financial performance. Sustained weakness in the US Dollar may negatively affect South African earnings, given the exposure to US Dollar- denominated export revenues. In addition, movements in the US Dollar against the Euro may impact reported net debt levels as Euro-denominated borrowings are translated into US Dollar. The forecast for capital expenditure for FY2026 has been reduced by a further USD10 million to approximately USD250 million and is limited to essential maintenance and mandatory regulatory activities. This disciplined approach to capital allocation reflects the group's continued focus on proactively managing the balance sheet, preserving liquidity and maintaining financial flexibility. Against a backdrop of continued market uncertainty arising from ongoing trade tensions, escalating geopolitical conflicts, and their broader indirect effects on global macroeconomic conditions, input costs and currency movements, we are adopting a cautious outlook. On this basis, Adjusted EBITDA for the third quarter of FY2026 is likely to be below that of the second quarter of FY2026.
  • 2026-04-29 11:31:02
    Sappi - joint venture with UPM
    Sappi shareholders were referred to the proposed formation of a joint venture between Sappi Papier Holding GmbH and UPM-Kymmene Corporation (UPM) for graphic paper in Europe. The proposed transaction remains subject to customary regulatory approvals, including merger control approval from the European Commission. On 28 April 2026, the European Commission confirmed that it has initiated a Phase II investigation into the proposed transaction.
  • 2026-04-20 10:09:07
    Sappi - distribution update
    Sappi shareholders are referred to the announcements released on the Stock Exchange News Service of the JSE Limited on 4 December 2025 and 2 February 2026, regarding the proposed formation of a joint venture between Sappi Papier Holding GmbH and UPM-Kymmene Corporation ('UPM') for graphic paper in Europe (the 'Transaction'). The distribution of the Circular is contingent upon the signing of definitive agreements in respect of the Transaction. Sappi and UPM continue to make good progress and are working constructively towards the target timeline of signing definitive agreements in respect of the Transaction during the first half of calendar year 2026, following which the Circular will be published and distributed, in accordance with the JSE Listings Requirements. Sappi shareholders will be advised in due course of the salient dates and times relating to the Transaction and the general meeting to be convened in order to consider and vote on the resolutions required in respect of the Transaction.
  • 2026-04-02 09:20:00
    Sappi Ltd. - Sappi Interest Payments Notification
    The company has advised noteholders of the interest rate of the debt instrument.
Financial Results
USD million Mar 26 Mar 25
Turnover 2 621 2 710
Attributable Income -450 50
Market Cap (ZARm) 10 240.10 21 880.50
EPS (ZARc) -1 239.50 145.60
HEPS (Cont Ops)(ZARc) -469 163.80
DPS (ZARc) 0 0
Related Stocks
SAPPI (SAP) R11.00 0.18%
YORK (YRK) R1.94 -0.51%
Earnings Calendar
Sep 2025 Prev Year End
Sep 2025 Final Released 6 Nov 2025
Mar 2026 Half Year
Mar 2026 Interim Released 7 May 2026
Sep 2026 Next Year End
Sep 2026 Final Unconfirmed for 6 Nov
4 Feb 2027 AGM Unconfirmed
Mar 2027 Half Year
Consensus View
Consensus Chart
Key Statistics
Market Cap6.68bn
EPS- 897.40
P/E Ratio-1.23
Div. Yield22.43%
DPS 247
Issued Shares607.14m
52-Week Range
R 10.78 R 12.37
Current: R11
Important Dates
  • Sep 2025
    Prev Year End
  • Sep 2025 Final
    Released 6 Nov 2025
  • Mar 2026
    Half Year
  • Mar 2026 Interim
    Released 7 May 2026
  • Sep 2026
    Next Year End
  • Sep 2026 Final
    Unconfirmed for 6 Nov
  • 4 Feb 2027
    AGM Unconfirmed
  • Mar 2027
    Half Year

Sappi Ltd. Today's Verdict

Today's verdict: Sappi Ltd. shares sit at a price today in rands of R11.44, and the latest charts and graph signals point to a market still weighing growth against cost pressures, with the share code SAP staying active on the JSE. The price forecast is cautious but constructive, as dividend appeal, payout expectations, and recent data support a measured buy or sell decision rather than a rush to trade. Investors looking for sale opportunities can compare the online trading route, the trading account setup, and the purchase cost, while also noting that preference shares are only relevant if the structure changes and not for the ordinary share today.

Sappi Ltd. Live Share Data

LabelValue
Share Name & TickerSappi Ltd. (SAP)
ExchangeJSE (Johannesburg Stock Exchange)
Sector & IndustryMaterials / Paper & Packaging
Current PriceR11.44
Market Capitalization6.93bn
P/E Ratio-1.27
Dividend Yield21.63%
Trading Volume (Live Data)80 691
Recent Price Change0.26
Data as of2026-06-09 09:17:54

Sappi Ltd. Key Highlights

LabelValue
Current PriceR11.44, reflecting a 0.26 rise from the previous close.
Market Cap6.93bn, indicating a mid-cap market presence.
P/E Ratio-1.27, suggesting earnings pressure rather than a clean valuation read.
Dividend Yield21.63%, attractive for income-focused investors.
VolatilityHigh, given the negative P/E and active trading volume of 80 691.

Sappi Ltd. Limited Forecast Insights

Bullish bias remains limited unless the share can sustain price gains above recent levels with stronger volume confirmation. The current reading of R11.44 and a modest positive change of 0.26 suggest near-term support, but the negative P/E keeps the outlook sensitive to earnings delivery and sector conditions.

The most important macro drivers are pulp and packaging demand, input costs, and broader JSE risk sentiment. If trading volume stays firm and the price holds above the current range, momentum traders may see room for a short-term advance; otherwise, churn could dominate.

FAQ on Sappi Ltd. Shares

Q1: What are Sappi Ltd. shares?
Answer: Sappi Ltd. shares are ordinary equity linked to SAP on the JSE. At R11.44, with a 6.93bn market cap and 80 691 volume, they represent a mid-cap Materials name with active price movement and a negative P/E of -1.27.

Q2: How can I buy Sappi Ltd. shares?
Answer: You can buy SAP through a JSE-approved trading account. The live price per share is R11.44, so you’d place a purchase order through a broker, then monitor execution against the current volume of 80 691 and the recent 0.26 rise.

Q3: What affects the price of Sappi Ltd. shares?
Answer: The price is influenced by earnings quality, the -1.27 P/E ratio, volume, and market cap of 6.93bn. For SAP, the 0.26 positive change and R11.44 price suggest investors are still reacting to trading sentiment and sector-specific fundamentals.

Q4: Does Sappi Ltd. pay dividends?
Answer: Yes, the live dividend yield is 21.63%, which indicates a meaningful dividend profile relative to the current R11.44 share price. Investors should still check payout consistency because the market is also pricing in a -1.27 P/E and active trading risk.

Q5: How can I track my Sappi Ltd. shares and dividends?
Answer: Track SAP in your trading account using the share code, live price per share, and dividend records. The key live markers are R11.44, 21.63% dividend yield, 80 691 volume, and the 0.26 price change on today’s session.

Q6: What factors are affecting the Sappi Ltd. share price?
Answer: SAP’s share price is being affected by the Materials sector backdrop, the 6.93bn market cap, and the negative -1.27 P/E ratio. The current R11.44 price, 80 691 volume, and 0.26 move show traders are still active today.

Q7: Is Sappi Ltd. a good share to buy?
Answer: It can suit investors seeking income and value-style exposure, given the 21.63% dividend yield and R11.44 price. But the -1.27 P/E and volatile trading profile mean the buy case depends on risk tolerance and the ability to trade through fluctuations.

Q8: Is it advisable to buy Sappi Ltd. shares today?
Answer: Today’s data is mixed. The share is at R11.44 with a 0.26 gain and strong yield, but the -1.27 P/E points to earnings strain. A purchase may appeal to income-focused traders, though timing should reflect current volume and risk.

Q9: How much does one Sappi Ltd. share cost?
Answer: One Sappi Ltd. share costs R11.44 today. That price per share sits alongside a 6.93bn market cap, 21.63% dividend yield, and 80 691 trading volume, so the market is actively setting a live valuation despite the negative P/E.

Q10: How to sell Sappi Ltd. shares?
Answer: To sell SAP shares, log into your trading account, enter the share code, and place a sell order near the live R11.44 price per share. With 80 691 volume and a 0.26 move today, execution should remain liquid.

How to Buy Sappi Ltd. Shares Step by Step

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Sappi Ltd. Actionable Financial Advice

Given Sappi Ltd.'s current performance, investors should HOLD the shares if prices move ABOVE the identified key levels. Monitor macroeconomic developments and sector conditions to refine your strategy.


Latest News On Sappi Shares
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