Cashbil (CSB) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Cashbil stock ZAR 176, price ZAR 105, upside +67.4%, quality 60 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range R94.50 – R281.66 · fair‑value band R131.68 – R219.47 · the R104.85 price screens below the R175.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Cashbuild Limited engages in the retailing of building materials and associated products in South Africa, Botswana, Eswatini, Lesotho, Namibia, Zambia, and Malawi. It operates through Cashbuild, P&L Hardware, Cashbuild Common Monetary Operations, and Cashbuild Non-Common Monetary Operations segments.
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The company offers builder, hand, and garden tools; safety equipment and workwear, tanks, field toilets, drain covers, and wheel barrows; and aggregates, plastic sheeting, and steel products.
It also provides brickwork; concrete; cement; electrical, and bathroom and kitchen products; doors, putty, and windows; roofing and ceiling products; tools and hardware; inverters, petrol generators, lighting, and gas solutions; soft drinks and snacks; and outdoor and decorative products.
It serves contractors, homebuilders and improvers, farmers, traders, and other customers. The company operates through the Cashbuild model and P&L Hardware stores. Cashbuild Limited was founded in 1978 and is based in Johannesburg, South Africa.
Stock analysis
Cashbil (CSB) currently trades at R104.85, while our model-based Fair Value estimate is R175.57, implying the stock looks roughly 40% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of R322.49 per share, and 19 of the 26 models we run sit above the R104.85 price.
Bear case: the Asset-Based group reads lowest at R50.40, and 7 of the 26 models stay below the price. Data coverage for this calculation is high.
Scenario range: R131.68 (bear) to R219.47 (bull), the price of R104.85 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Cashbil reported revenue of 12.1B ZAR in FY2026 versus 11.1B ZAR in FY2022, a compound +2.1%/yr. Reported net income was 166M ZAR in FY2026, compounding −23.0%/yr from FY2022.
Key figures
Market cap 2.2B ZAR Micro · P/E ratio 13.4 · P/S ratio 0.18 · EPS (TTM) R7.84 · Dividend yield 6.0% · Net margin 1.4% · Return on equity 9.3% · Return on assets (EBIT) 6.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).
What moves the price
The share trades about 34% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −16% fair-value upside, at 67%, CSB screens cheaper than that median.
Fair Value models
BearR131.68Fair Value R175.57BullR219.47
Price R104.85 · Upside +67.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (0.5714 ZAR per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
+5.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.8%
Start year 2021 (pandemic). Over 10 years: +3.4% a year
Revenue growth 23 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+9.9%
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What shareholders gained per year (last 5 years), in ZAR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in ZAR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−16.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year−22.7%
Dividend (yield on the price)6.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−17.4% vs −8.3%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 3%
2026 sits 68% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Home Improvement Retail · 31 stocks
Beats the industry median on 12/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score60 · Above median
Fair Value upside+67.4% · Top 25%
Profitability
Return on equity (12 months)9.3% · Above median
Return on assets2.3% · Below median
Net margin (12 months)1.4% · Bottom 25%
Operating margin (12 months)1.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)7.9% · Top 25%
Dividend yield (12 months)6.0% · Top 25%
Balance sheet
Debt / equity0.05× · Below median
Valuation Multiplesvs Home Improvement Retail median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Cashbil Fair Value". https://www.fairvalue-calculator.com/stock/CSB
Frequently asked questions
Is Cashbil (CSB) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of R175.57 versus a price of R104.85, about +67% upside (undervalued).
What is the fair value of CSB?
Our model-based fair value for Cashbil is R175.57 (as of Nov 8, 2026), built from audited fundamentals. The current price: R104.85.
What is the quality score of CSB?
Cashbil has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Cashbil (CSB)?
Our model-based price target is the fair value of R175.57 (as of Nov 8, 2026) from 26 valuation models. Cautious scenario R131.68, optimistic scenario R219.47. It is a calculation from audited fundamentals, not an analyst target.
What is the Cashbil stock forecast for 2026?
Our models put fair value at R175.57, about +67% upside versus a price of R104.85 (undervalued). Cautious scenario R131.68, optimistic scenario R219.47. The calculation is refreshed regularly with new filings.
What is the revenue of Cashbil (CSB)?
Cashbil reported trailing-twelve-month revenue of about 12.1B ZAR (latest available figure, as of Nov 8, 2026).
Does Cashbil pay a dividend?
Cashbil currently shows a dividend yield of 5.97% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Cashbil (CSB) and when is the ex-dividend date?
Cashbil pays a dividend of R6.26 per share a year, a dividend yield of 6.0%. The last ex-dividend date was Sep 22, 2026. The payout ratio is 79.8% of earnings. Free cash flow covers the dividend 5.16 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Cashbil (CSB)?
For today's price to be fair in a discounted-cash-flow model, Cashbil would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 14.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -0.8 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of CSB use?
Our models discount Cashbil at 14.9 %: a base by market capitalisation (micro), damped by beta 0.19, country premium for South Africa. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cashbil that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.9 %) and the same formula as our fair value.
How much growth has Cashbil (CSB) delivered so far?
Over the past 5 years revenue at Cashbil grew -0.8 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cashbil (CSB) growing?
The median revenue growth in the sector is +4.7 % a year. That is the yardstick for the growth priced into Cashbil (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cashbil (CSB)?
The free-cash-flow yield on the price is 31.10 %: that much free cash flow Cashbil produces per unit of market value. When it exceeds the discount rate of our models (14.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cashbil (CSB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cashbil it is R175.57 per share (as of Nov 8, 2026), against a price of R104.85. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Cashbil stock overvalued or undervalued in 2026?
As of Nov 8, 2026, CSB trades below its calculated fair value: price R104.85, fair value R175.57, a gap of about +67% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CSB?
No. The price is what the market pays today (R104.85); the fair value is what the company's own numbers justify (R175.57). For Cashbil the two are R70.72 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cashbil worth?
The market values Cashbil at about 2.2B ZAR (market capitalisation, as of Nov 8, 2026). Per share that is R104.85; our models calculate a fair value of R175.57 per share.
What do the bullish and bearish scenarios say about CSB?
Our models span a range for Cashbil: cautious scenario R131.68, base R175.57, optimistic R219.47 per share (as of Nov 8, 2026, price R104.85). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CSB?
Cashbil trades at a price-to-earnings ratio of 13.4 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R175.57 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 14.6. Other multiples: PEG 0.0, P/B 1.2, P/S 0.2, EV/EBITDA 4.1.
What is the PEG ratio of CSB?
The PEG ratio of Cashbil is 0.01 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Cashbil (CSB)?
Balance-sheet figures for Cashbil (as of Nov 8, 2026): return on equity 9.3%, debt of 0.05 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is CSB from its 52-week high?
Cashbil trades at R104.85, about 34% below its 52-week high of R157.87 and 11% above the low of R94.50 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of R175.57 is for.
Which stocks are comparable to Cashbil?
From the same area (Consumer Cyclical) we also value The Home Depot, Inc, Lowe's Companies, Inc, Floor & Decor Holdings, Mr D.I.Y. Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cashbil stock attractive at the current price?
The data as of Nov 8, 2026: price R104.85, calculated fair value R175.57 (+67%), Quality Score 60/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CSB calculated?
We run Cashbil through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of R175.57 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Cashbil currently trades 40% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cashbil (CSB)?
The closing price on Nov 6, 2026 was R104.85. Our model-based fair value is R175.57, about +67% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cashbil right now?
The price is below even our cautious bear case (R131.68). The market is more pessimistic than our downside scenario. Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Cashbil (CSB) come from?
Earnings per share at Cashbil grew −9.4 % a year from 2015 to 2026. Broken into its drivers: revenue per share +4.2 %, EBIT margin −9.7 %, tax rate −0.2 %, residual (interest, one-offs) −3.6 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Cashbil
How large is the market capitalisation of Cashbil (CSB)?
The market capitalisation of Cashbil is 2.2B ZAR. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Cashbil (CSB)?
The price-to-sales ratio of Cashbil is 0.18 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cashbil (CSB)?
Earnings per share at Cashbil are R7.84 (price ÷ EPS = P/E 13.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cashbil (CSB)?
The dividend yield of Cashbil is 6.0% (payout 79.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cashbil (CSB)?
The net margin of Cashbil is 1.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cashbil (CSB)?
The return on equity (ROE) of Cashbil is 9.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cashbil (CSB)?
On an EBIT basis the return on assets of Cashbil is 6.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cashbil (CSB)?
The operating margin of Cashbil is 1.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cashbil (CSB)?
Revenue at Cashbil is growing +7.9% versus a year earlier (3y avg +4.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cashbil (CSB)?
Earnings per share at Cashbil are growing −40.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Cashbil (CSB) carry?
The net debt of Cashbil is 1.2B ZAR (fiscal year 2026, ≈ 1.7 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 8, 2026