FirstRand Ltd
JSE:FSR
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F
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FirstRand Ltd
JSE:FSR
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Sofina SA
XBRU:SOF
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BE |
Intrinsic Value
The intrinsic value of FirstRand Ltd (FSR) under the Base Case is 9 380.55 Zac per share. Compared with the current market price of 9 098 Zac, the stock appears Undervalued by 3% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What FirstRand Does
FirstRand Ltd is a South African financial services group built around banking, lending, and insurance. Its best-known brands include FNB, Rand Merchant Bank, WesBank, and Ashburton Investments. It serves retail customers, small and medium-sized businesses, larger companies, and institutional clients across Southern Africa and some other markets.
- Headquarters
- South Africa ZA
- Employees
- 51 244
- IPO date
- Jul 1, 1992
FirstRand has no economic moat
Customers can find competing banking services, and rivals help them move their accounts away from FNB. FirstRand’s brands and size attract business, but do not prevent competitors from challenging its prices or offering cheaper alternatives.
Read the full moat analysisThe intrinsic value for FirstRand Ltd (FSR) under the Base Case is 9 380.55 Zac.
Compared with the current market price of 9 098 Zac, the stock appears Undervalued by 3% .