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Altron Limited (AEL) Fair Value & Analysis

Technology · ZA · Market cap 11.1B ZAC

AL Altron Limited AEL · JSE
PriceR27.78
Fair ValueR37.19
Upside+33.9%
Quality94/100
Evidence: High Range R27.89 – R46.49

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −6.8% over the past month.

Price vs Fair Value (12 months)

R30.14 R16.89 Fair Value R37.19 Jun 2025 Jun 2026

12‑month range R16.89 – R30.14 · fair‑value band R27.89 – R46.49 · the R27.78 price screens below the R37.19 fair value. As of Jun 26, 2026.

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Analysis

Altron Limited (AEL) currently trades at R27.78, while our model-based Fair Value estimate is R37.19 — implying the stock looks roughly 33.9% undervalued today. We read business quality at 94/100 (high quality), in the Technology sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Altron Limited generated revenue of 9.7B ZAR at a net margin of 7.5%. Revenue grew 1.3% year over year. It earns a return on equity of 18.7%. Net debt stands at 319M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 9.7B ZAC
Revenue growth (YoY) +1.3%
Net margin 7.5%
Return on equity 18.7%
Free cash flow 1.7B ZAC FY2026
P/E ratio 14.0
More key figures
Operating margin 13.8%
EPS (TTM) R2.03
EPS growth (YoY) +276%
Net debt 319M ZAC FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Altron Limited, together with its subsidiaries, engages in technology business in South Africa and rest of Africa. The company operates in three segments: Platforms, IT Services, and Distribution. Its platforms include Netstar offers vehicle tracking and recovery systems, fleet management services, and usage-based telematics; Altron FinTech offers debit order processing, payment and switching, card personalization and issuance, credit management software, and debit and credit card payment solutions, as well as person-to-person payments and value-added services to the consumer market; and Altron HealthTech offers practice management solutions in the healthcare industry and medical transaction switching. The company also provides networking, hardware, DevOps and modernization, data management, IT infrastructure solutions, security, IT as a service, cloud, artificial intelligence, data storage, data center infrastructure, and other solutions. In addition, it design, develop, and implem…

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Altron Limited reported revenue of R9.6B in FY2026 versus R7.9B in FY2022, a compound +5.0%/yr. Reported net income was R727M in FY2026.

Revenue +5.0%/yr
FY22 R7.9B
FY23 R9.5B
FY24 R8.3B
FY25 R9.6B
FY26 R9.6B
Net income
FY22 −R104M
FY23 −R4.0M
FY24 −R164M
FY25 R390M
FY26 R727M

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Similar stocks

6 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $252.22 $147.06 -42%
Accenture plc ACN $170.50 $228.49 +34%
Tata Consultancy Services Limited TCS ₹2,060 ₹2,590 +26%
Infosys Limited INFY ₹1,198 ₹1,237 +3%
Fujitsu Limited FJTSF $19.70 $17.37 -12%
HCL Technologies Limited HCLTECH ₹1,132 ₹1,230 +9%

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Frequently asked questions

Is Altron Limited (AEL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R37.19 versus a price of R27.78 — about +34% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AEL?
Our 21-model fair value for Altron Limited is R37.19 (as of Jun 26, 2026), built from audited fundamentals. The current price is R27.78.
What is the quality score of AEL?
Altron Limited has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Altron Limited (AEL)?
Altron Limited reported trailing-twelve-month revenue of about 9.7B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of AEL?
The net profit margin of Altron Limited is about 7.5%, meaning it keeps roughly 7.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.