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Afine Investments Limited (ANI) Fair Value & Analysis

Real Estate · ZA · Market cap 362M ZAC

AI Afine Investments Limited ANI · JSE
PriceR0.0500
Fair ValueR0.0650
Upside+30.0%
Quality97/100
Evidence: High Range R0.0500 – R0.0800

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from R8.46 to R0.0650 (−99.2%) since Jun 25, 2026. Share price +13.6% over the past month.

Price vs Fair Value (12 months)

R5.00 R0.0380 Fair Value R0.0650 Jun 2025 Jun 2026

12‑month range R0.0380 – R5.00 · fair‑value band R0.0500 – R0.0800 · the R0.0500 price screens below the R0.0650 fair value. As of Jun 26, 2026.

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Analysis

Afine Investments Limited (ANI) currently trades at R0.0500, while our model-based Fair Value estimate is R0.0650 — implying the stock looks roughly 30.0% undervalued today. We read business quality at 97/100 (high quality), in the Real Estate 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, Afine Investments Limited generated revenue of 50.8M ZAR at a net margin of 76.7%. Revenue declined 5.3% year over year. It earns a return on equity of 11.5%. Net debt stands at 92.9M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 50.8M ZAC
Revenue growth (YoY) -5.3%
Net margin 76.7%
Return on equity 11.5%
Free cash flow 50.2M ZAC FY2026
P/E ratio 9.2
More key figures
Operating margin 86.2%
EPS (TTM) R0.5400
Dividend yield 0.1%
EPS growth (YoY) -62.9%
Net debt 92.9M ZAC FY2026

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

About the company

Afine Investments Limited operates as an investment property holding company. It holds a portfolio of immovable properties focused primarily in the petroleum sector located in South Africa. The company was incorporated in 2020 and is based in Strand, South Africa.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Afine Investments Limited reported revenue of R50.8M in FY2026 versus R33.3M in FY2022, a compound +11.1%/yr. Reported net income was R38.9M in FY2026, compounding −36.5%/yr from FY2022.

Revenue +11.1%/yr
FY22 R33.3M
FY23 R43.3M
FY24 R44.8M
FY25 R48.1M
FY26 R50.8M
Net income −36.5%/yr
FY22 R239M
FY23 R24.8M
FY24 R68.7M
FY25 R69.8M
FY26 R38.9M

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Frequently asked questions

Is Afine Investments Limited (ANI) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R0.0650 versus a price of R0.0500 — about +30% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ANI?
Our 21-model fair value for Afine Investments Limited is R0.0650 (as of Jun 26, 2026), built from audited fundamentals. The current price is R0.0500.
What is the quality score of ANI?
Afine Investments Limited has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Afine Investments Limited (ANI)?
Afine Investments Limited reported trailing-twelve-month revenue of about 50.8M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ANI?
The net profit margin of Afine Investments Limited is about 76.7%, meaning it keeps roughly 76.7% of revenue as net income. Based on the latest reported figures.
Does Afine Investments Limited pay a dividend?
Afine Investments Limited currently shows a dividend yield of about 0.11% relative to its recent price (as of Jun 26, 2026).

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.