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Blu Label Unlimited Group (BLU) Fair Value & Analysis

Communication Services · ZA · Market cap 7.8B ZAC

BL Blu Label Unlimited Group BLU · JSE
PriceR7.57
Fair ValueR29.15
Upside+285.1%
Quality41/100
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Evidence: High Range R21.81 – R36.43

Fair value as of: Jun 26, 2026

From 15 valuation models · updated 7 days ago

Share price −4.9% over the past month.

Price vs Fair Value (12 months)

R15.73 R6.99 Fair Value R29.15 Jul 2025 Jul 2026

12‑month range R6.99 – R15.73 · fair‑value band R21.81 – R36.43 · the R7.57 price screens below the R29.15 fair value. As of Jun 26, 2026.

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Analysis

Blu Label Unlimited Group (BLU) currently trades at R7.57, while our model-based Fair Value estimate is R29.15 — implying the stock looks roughly 285.1% undervalued today. We read business quality at 41/100 (below-average quality), in the Communication Services 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, Blu Label Unlimited Group generated revenue of 16.9B ZAR at a net margin of -17.2%. Revenue grew 43.6% year over year. It earns a return on equity of -71.0%. Net debt stands at 4.7B ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 16.9B ZAC
Revenue growth (YoY) +43.6%
Net margin -17.2%
Return on equity -71.0%
Free cash flow −958M ZAC FY2025
Operating margin -46.6%
More key figures
EPS (TTM) R-3.24
Dividend yield 0.1%
EPS growth (YoY) +765%
Net debt 4.7B ZAC FY2025

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

About the company

Blu Label Unlimited Group Limited provides prepaid products and distributes virtual electronic merchandise in South Africa and internationally. It operates through Africa Distribution, International, and Solutions segments. The company offers voucher or PIN-based airtime, and PIN-less or direct top-up airtime; UniPIN, a PIN-based prepaid electricity voucher; and other various electronic vouchers for mobile services and water, as well as distributes prepaid SIM cards, and mobile accessories and devices. It also provides Cellfind messaging portals, financial services, and location-based services; hardware offerings include POS terminals, vending machines, and bulk vouchers; media advertising solutions comprising voucher and billboard advertising solutions; and outbound telemarketing, inbound customer care, technical support, and data and analytics services. In addition, the company offers ticketing solutions for sports, lifestyle events, travel, parks, and rides; access control and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Blu Label Unlimited Group reported revenue of R14.1B in FY2025 versus R18.8B in FY2021, a compound −7.0%/yr. Reported net income was R2.5B in FY2025, compounding +31.5%/yr from FY2021.

Revenue −7.0%/yr
FY21 R18.8B
FY22 R17.8B
FY23 R18.9B
FY24 R14.6B
FY25 R14.1B
Net income +31.5%/yr
FY21 R831M
FY22 R1.0B
FY23 R269M
FY24 R647M
FY25 R2.5B

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Frequently asked questions

Is Blu Label Unlimited Group (BLU) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R29.15 versus a price of R7.57 — about +285% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BLU?
Our model-based fair value for Blu Label Unlimited Group is R29.15 (as of Jun 26, 2026), built from audited fundamentals. The current price is R7.57.
What is the quality score of BLU?
Blu Label Unlimited Group has a Quality Score of 41/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Blu Label Unlimited Group (BLU)?
Blu Label Unlimited Group reported trailing-twelve-month revenue of about 16.9B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of BLU?
The net profit margin of Blu Label Unlimited Group is about -17.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Blu Label Unlimited Group pay a dividend?
Blu Label Unlimited Group currently shows a dividend yield of about 0.05% 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.