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Finbond Group (FGL) Fair Value & Analysis

Financial Services · ZA · Market cap 446M ZAC

FG Finbond Group FGL · JSE
PriceR0.9000
Fair ValueR1.80
Upside+100.0%
Quality51/100
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Evidence: High Range R1.35 – R2.25

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jun 26, 2026, revised from R1.92 to R1.80 (−6.3%) since Jun 24, 2026. Share price −12.6% over the past month.

Price vs Fair Value (12 months)

R1.45 R0.8500 Fair Value R1.80 Jul 2025 Jul 2026

12‑month range R0.8500 – R1.45 · fair‑value band R1.35 – R2.25 · the R0.9000 price screens below the R1.80 fair value. As of Jun 26, 2026.

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Analysis

Finbond Group (FGL) currently trades at R0.9000, while our model-based Fair Value estimate is R1.80, implying the stock looks roughly 100.0% undervalued today. We read business quality at 51/100 (solid quality), in the Financial 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, Finbond Group generated revenue of 1.8B ZAR at a net margin of 3.9%. Revenue declined 2.2% year over year. It earns a return on equity of 11.4%. Net debt stands at 2.7B ZAR. Fundamentals as of Jun 26, 2026

Our scenario range runs from R1.35 (bear case) to R2.25 (bull case); at R0.9000, the current price sits below that range. For context, the median of 10 Financial Services peers we cover trades at 57% fair-value upside, at 100%, FGL screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 1.8B ZAC
Revenue growth (YoY) -2.2%
Net margin 3.9%
Return on equity 11.4%
Free cash flow 310M ZAC FY2026
P/E ratio 6.3
More key figures
Operating margin 31.2%
EPS (TTM) R0.1500
Dividend yield 0.1%
EPS growth (YoY) -62.2%
Net debt 2.7B ZAC FY2026

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

About the company

Finbond Group Limited operates as a financial services institution in North America and South Africa. The company operates through Deposit and Debt Finance Products, Lending, Property Investment, and Transactional Banking segments. The company offers short-term consumer lending services; transactional banking products; personal banking; overdraft facility; business banking products, such as commercial, business, and small enterprise accounts; business credit services; savings and investment products; online and mobile banking; and secured lending, as well as insurance products. Finbond Group Limited was incorporated in 2001 and is headquartered in Pretoria, the Republic of South Africa.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Finbond Group reported revenue of R1.5B in FY2026 versus R1.5B in FY2022, a compound −1.1%/yr. Reported net income was R69.4M in FY2026.

Revenue −1.1%/yr
FY22 R1.5B
FY23 R1.3B
FY24 R1.4B
FY25 R1.4B
FY26 R1.5B
Net income
FY22 −R244M
FY23 −R265M
FY24 R557K
FY25 R31.8M
FY26 R69.4M

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Cite: Fair Value Calculator (2026). "Finbond Group Fair Value". https://www.fairvalue-calculator.com/stock/FGL.JSE

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Frequently asked questions

Is Finbond Group (FGL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R1.80 versus a price of R0.9000, about +100% (undervalued). Model-based estimate, not financial advice.
What is the fair value of FGL?
Our model-based fair value for Finbond Group is R1.80 (as of Jun 26, 2026), built from audited fundamentals. The current price is R0.9000.
What is the quality score of FGL?
Finbond Group has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Finbond Group (FGL)?
Finbond Group reported trailing-twelve-month revenue of about 1.8B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of FGL?
The net profit margin of Finbond Group is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Finbond Group pay a dividend?
Finbond Group 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.

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