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Grand Parade Investments Limited (GPL) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 811M ZAC

GP Grand Parade Investments Limited GPL · JSE
PriceR1.80
Fair ValueR1.96
Upside+8.9%
Quality63/100
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Weak Growth
Low debt · generates free cash flow
Ranks above peers (7/9)
Narrow moat 23/100
Evidence: High Range R1.83 – R2.25 Share as image

Fair value as of: Jul 18, 2026

From 17 valuation models · updated 23 days ago

Share price +3.3% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from R1.83 (bear) to R2.25 (bull), base R1.96. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 63/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

R3.55 R1.57 Fair Value R1.96 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range R1.57 – R3.55 · fair‑value band R1.83 – R2.25 · the R1.80 price screens below the R1.96 fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Grand Parade Investments Limited (GPL) currently trades at R1.80, while our model-based Fair Value estimate is R1.96, implying the stock looks roughly 8.9% fairly valued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Cyclical 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.

Trailing-twelve-month revenue stands at 332K ZAR. Revenue grew 26.8% year over year. It earns a return on equity of 4.7%. The balance sheet holds a net cash position of 120M ZAR. Fundamentals as of Jul 18, 2026

Our scenario range runs from R1.83 (bear case) to R2.25 (bull case); at R1.80, 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 Cyclical peers we cover trades at -47% fair-value upside, at 9%, GPL 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 R0.7000 R1.01 R1.49 80
Residual Income R1.93 R1.96 R1.83 76
Gordon GGM R0.9100 R1.64 R2.25 70
All 17 models by family
DCF Models
FCF DCF R0.7300 R0.9400 R1.55 38
5Y Revenue Exit R0.4300 R0.4500 R0.5000 39
5Y P/E Exit R2.06 R4.67 R8.29 38
10Y Revenue Exit R0.5300 R0.6500 R0.6700 36
10Y P/E Exit R1.62 R3.85 R7.66 35
Earnings-Based
Graham-Dodd R0.9700 R6.79 R9.53 54
Lynch FV R3.51 R5.01 R6.51 50
PEG = 1.0 R3.51 R5.01 R6.51 46
Dividend Discount
Gordon GGM R0.9100 R1.64 R2.25 70
DDM Multi-Stage R0.9100 R1.49 R1.75 61
Multiples
P/E Multiple R2.36 R3.15 R3.94 63
P/B Multiple R1.83 R2.43 R3.04 55
EV/Revenue R0.2900 R0.2900 R0.2900 43
Asset-Based
NCAV (Graham) R1.30 R1.74 R2.60 50
Growth DCF
Growth DCF R0.7000 R1.01 R1.49 80
Economic Profit
Residual Income R1.93 R1.96 R1.83 76
Growth Earnings
Growth-Adj P/E R4.66 R6.65 R8.65 68

Widest divergence: Growth Earnings (R6.65) versus DCF Models (R0.9400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 332K ZAC
Revenue growth (YoY) +26.8%
Net margin 15,798%
Return on equity 4.7%
Free cash flow 14.0M ZAC FY2025
P/E ratio 14.6
More key figures
Operating margin -7,549%
EPS (TTM) R0.1200
EPS growth (YoY) -19.0%
Net cash 120M ZAC FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 65 · Market factors (momentum, volatility) 28

Profitability 35
Margins and returns on capital today
Quality Growth 18
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 84
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 86
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

Grand Parade Investments Limited is a private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments. It considers investments in seed and startup, middle market, mature, turnaround, and emerging growth stages.

Full company description

Grand Parade Investments Limited is a private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments. It considers investments in seed and startup, middle market, mature, turnaround, and emerging growth stages. The firm typically invests in leisure, tourism, and gaming sectors and also considers investments in property, retail, food, manufacturing, real estate and entertainment. It seeks to invest in Africa with a focus on South Africa and Western Cape. The firm primarily invests between R$10 million ($0.84 million) and R$1000 million ($84.98 million) in companies with enterprise value greater than R$300 million ($25.50 million). The firm prefers to take a board seat in its portfolio companies. It may enter into joint ventures and other similar alliances, whereby it forms partnerships with such entities, contributing not only capital, but also providing strategic managerial input. The firm prefers to take minority or majority stake in its portfolio companies. The firm seeks to take more than 20 per cent stake, however a smaller stake is also considered where there is the potential to increase such stake in the future. It seeks to make balance sheet investments. Grand Parade Investments Limited was founded in 1997 and is based in Cape Town, South Africa.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Grand Parade Investments Limited reported revenue of R292K in FY2025 versus R1.0M in FY2021, a compound −26.7%/yr. Reported net income was R61.2M in FY2025.

Growth Quality 28/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
292K ZAR
Latest YoY
−79.7%
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.
−69.9%
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.
−81.4%
Avg. growth/yr (20Y) 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.
−23.4%
Revenue −26.7%/yr
FY21 R1.0M
FY22 R10.7M
FY23 R1.4M
FY24 R1.4M
FY25 R292K
Net income
FY21 −R30.6M
FY22 −R11.6M
FY23 −R15.2M
FY24 R73.6M
FY25 R61.2M

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Cite: Fair Value Calculator (2026). "Grand Parade Investments Limited Fair Value". https://www.fairvalue-calculator.com/stock/GPL

Peer Group

Restaurants · 227 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 63 · Top 25%
Fair Value upside +9% · Above median
Return on equity (TTM) 5% · Above median
Return on assets -3% · Bottom 25%
Revenue growth 27% · Top 25%

Valuation Multiples vs Restaurants median · lower = cheaper

P/E (TTM) 15.0× · Cheaper than median
P/B 0.05× · Cheaper than 75% of peers
P/FCF 3.6× · Pricier 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 45 · sector 28
FUTURE 100 · sector 20
PAST 19 · sector 16
HEALTH 100 · sector 97
DIVIDEND 0 · sector 58

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 Restaurants stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCDS C$24.01 C$10.84 -55%
Starbucks Corporation SBUX $105.49 $35.83 -66%
Chipotle Mexican Grill, Inc CMG $34.63 $18.43 -47%
Yum! Brands, Inc YUM $163.54 $59.66 -64%
Restaurant Brands International Inc QSR C$104.19 C$36.37 -65%
Darden Restaurants, Inc DRI $195.74 $173.68 -11%
Yum China Holdings YUMC $43.90 $55.10 +26%
Texas Roadhouse, Inc TXRH $197.03 $104.89 -47%
Dutch Bros Inc BROS $68.36 $12.80 -81%
Domino's Pizza, Inc DPZ $322.18 $231.96 -28%

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Frequently asked questions

Is Grand Parade Investments Limited (GPL) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of R1.96 versus a price of R1.80, about +9% (fairly valued).
What is the fair value of GPL?
Our model-based fair value for Grand Parade Investments Limited is R1.96 (as of Jul 18, 2026), built from audited fundamentals. The current price is R1.80.
What is the quality score of GPL?
Grand Parade Investments Limited has a Quality Score of 63/100. 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 Grand Parade Investments Limited (GPL)?
Grand Parade Investments Limited reported trailing-twelve-month revenue of about 332K ZAR (latest available figure, as of Jul 18, 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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