EN DE

Famous Brands Limited (FBR) Fair Value & Analysis

Consumer Defensive · ZA · Market cap 5.6B ZAC

FB Famous Brands Limited FBR · JSE
PriceR56.10
Fair ValueR127.80
Upside+127.8%
Quality70/100
Watch Famous Brands Limited for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 6.9% net margin
Moderate debt · generates free cash flow
0.07% dividend yield
Ranks above peers (10/14)
Wide moat 68/100
Evidence: High Range R80.32 – R162.06 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 25 days ago

Share price −6.6% over the past month.

A solid business, screening 128% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (R80.32). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (R80.32 to R162.06) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

R76.77 R49.28 Fair Value R127.80 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range R49.28 – R76.77 · fair‑value band R80.32 – R162.06 · the R56.10 price screens below the R127.80 fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Famous Brands Limited (FBR) currently trades at R56.10, while our model-based Fair Value estimate is R127.80, implying the stock looks roughly 127.8% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Consumer Defensive 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, Famous Brands Limited generated revenue of 8.7B ZAR at a net margin of 6.9%. Revenue grew 5.6% year over year. It earns a return on equity of 47.1%. Net debt stands at 917M ZAR. Fundamentals as of Jul 16, 2026

Our scenario range runs from R80.32 (bear case) to R162.06 (bull case); at R56.10, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Defensive peers we cover trades at -26% fair-value upside, at 128%, FBR screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF R64.16 R114.36 R195.72 80
Residual Income R38.48 R49.85 R334.48 76
Rev-Margin DCF R66.60 R122.07 R194.31 74
All 26 models by family
DCF Models
FCF DCF R65.01 R120.86 R215.30 38
Owner Earnings R67.04 R124.49 R221.64 31
5Y Revenue Exit R66.60 R123.76 R202.00 39
5Y EBITDA Exit R81.10 R153.86 R246.00 41
5Y P/E Exit R79.34 R150.21 R231.99 38
10Y Revenue Exit R62.91 R116.44 R199.68 36
10Y EBITDA Exit R74.78 R138.10 R235.95 37
10Y P/E Exit R73.64 R135.47 R224.40 35
Earnings-Based
Graham-Dodd R41.18 R196.25 R270.03 54
Lynch FV R52.23 R74.61 R97.00 50
PEG = 1.0 R52.23 R74.61 R97.00 46
EPV R59.08 R69.31 R78.14 59
Dividend Discount
Gordon GGM R31.62 R63.01 R95.42 70
DDM Multi-Stage R31.62 R54.46 R66.51 61
Multiples
P/E Multiple R99.93 R133.24 R166.55 63
P/S Multiple R77.22 R102.96 R128.70 58
P/B Multiple R40.69 R54.26 R67.82 55
EV/EBIT R121.30 R163.64 R205.98 53
EV/EBITDA R97.06 R131.32 R165.58 54
EV/Revenue R68.27 R99.98 R131.70 43
Asset-Based
NCAV (Graham) R6.78 R9.09 R13.56 50
Growth DCF
Growth DCF R64.16 R114.36 R195.72 80
Rev-Margin DCF R66.60 R122.07 R194.31 74
Economic Profit
Residual Income R38.48 R49.85 R334.48 76
ROIC Compounder R66.38 R86.96 R111.40 72
Growth Earnings
Growth-Adj P/E R84.11 R120.15 R156.20 68

Widest divergence: DCF Models (R124.49) versus Asset-Based (R9.09). Highest evidence: Growth DCF (80).

Notify me when FBR reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 8.7B ZAC
Revenue growth (YoY) +5.6%
Net margin 6.9%
Return on equity 47.1%
Free cash flow 568M ZAC FY2026
P/E ratio 8.8
More key figures
Operating margin 12.1%
EPS (TTM) R6.00
Dividend yield 0.1%
EPS growth (YoY) +11.8%
Net debt 917M ZAC FY2026

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 67 · Market factors (momentum, volatility) 48

Profitability 86
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 58
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 88
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Famous Brands Limited, through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa. It operates through Brands and Supply Chain segments.

Full company description

Famous Brands Limited, through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, the Middle East, and Rest of Africa. It operates through Brands and Supply Chain segments. The company operates franchised and company-owned restaurants under the Leading and Signature brands. It is also involved in the manufacture of meat, serviette, sauces and spices, ice cream, potato products, coffee grounds and beans, cheese, juices; and operation of retail outlets. In addition, it provides manufacturing and logistics services; and retail products, such as dressings and spice condiments, frozen meat products, frozen chips, and other value-added products. The company was formerly known as Steers Holdings Limited and changed its name to Famous Brands Limited in 2004. Famous Brands Limited was incorporated in 1969 and is headquartered in Midrand, South Africa.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Famous Brands Limited reported revenue of R8.7B in FY2026 versus R6.5B in FY2022, a compound +7.8%/yr. Reported net income was R601M in FY2026, compounding +17.3%/yr from FY2022.

Growth Quality 89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
8.7B ZAR
Latest YoY
+5.6%
Avg. growth/yr (3Y) 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.
+5.5%
Avg. growth/yr (5Y) 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.
+13.3%
Avg. growth/yr (24Y) 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.
+16.1%
Revenue +7.8%/yr
FY22 R6.5B
FY23 R7.4B
FY24 R8.0B
FY25 R8.3B
FY26 R8.7B
Net income +17.3%/yr
FY22 R318M
FY23 R524M
FY24 R458M
FY25 R548M
FY26 R601M
Character of growth · EPS growth decomposed (2015-2026) +1.5 % p.a.
Revenue per share +7.3 pp

of which total revenue +7.3 pp · buybacks/dilution +0.0 pp

EBIT margin −5.7 pp
Tax rate +0.5 pp
Residual (interest, one-offs) −0.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch FBR: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "Famous Brands Limited Fair Value". https://www.fairvalue-calculator.com/stock/FBR

Peer Group

Food Distribution · 77 stocks

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.

Quality Score 70 · Top 25%
Fair Value upside +128% · Top 25%
Return on equity (TTM) 47% · Top 25%
Return on assets 16% · Top 25%
Net margin (TTM) 7% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 6% · Above median
Dividend yield (TTM) 0.1% · Below median
Debt / equity 0.72× · Higher than 75% of peers

Valuation Multiples vs Food Distribution median · lower = cheaper

P/E (TTM) 9.4× · Cheaper than 75% of peers
P/B 4.17× · Pricier than 75% of peers
P/S (TTM) 0.64× · Pricier than median
P/FCF 0.6× · Cheaper than 75% of peers
EV/EBITDA 5.9× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 21
FUTURE 28 · sector 14
PAST 100 · sector 36
HEALTH 64 · sector 94
DIVIDEND 1 · sector 42

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Food Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Sysco Corporation SYY $81.69 $60.58 -26%
US Foods Holding USFD $99.13 $55.10 -44%
Performance Food Group PFGC $113.17 $37.94 -66%
Jerónimo Martins, SGPS, S.A JMT €17.68 €21.59 +22%
CP Axtra Public Company CPAXT 14.90 THB 17.04 THB +14%
The Chefs' Warehouse, Inc CHEF $95.79 $37.27 -61%
Olam Group VC2 1.33 SGD 2.12 SGD +59%
United Natural Foods, Inc UNFI $50.19 $6.00 -88%
The Andersons, Inc ANDE $79.24 $47.78 -40%
Metcash Limited MTS A$2.92 A$5.33 +83%

Compare Famous Brands Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Famous Brands Limited (FBR) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of R127.80 versus a price of R56.10, about +128% (undervalued).
What is the fair value of FBR?
Our model-based fair value for Famous Brands Limited is R127.80 (as of Jul 16, 2026), built from audited fundamentals. The current price is R56.10.
What is the quality score of FBR?
Famous Brands Limited has a Quality Score of 70/100. 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 revenue of Famous Brands Limited (FBR)?
Famous Brands Limited reported trailing-twelve-month revenue of about 8.7B ZAR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of FBR?
The net profit margin of Famous Brands Limited is about 6.9%, meaning it keeps roughly 6.9% of revenue as net income. Based on the latest reported figures.
Does Famous Brands Limited pay a dividend?
Famous Brands Limited currently shows a dividend yield of about 0.07% relative to its recent price (as of Jul 16, 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.

14 days Pro free · no card

Track Famous Brands Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.