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Investec Group (INP) Fair Value & Analysis

Financial Services · ZA · Market cap 84.1B ZAC

IG Investec Group INP · JSE
PriceR133.47
Fair ValueR13.49
Upside-89.9%
Quality55/100
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Evidence: High Range R10.12 – R16.86

Fair value as of: Jul 12, 2026

From 15 valuation models · updated today

Fair value updated Jul 12, 2026 — revised from R12.53 to R13.49 (+7.7%) since Jun 26, 2026. Share price −3.4% over the past month.

Price vs Fair Value (12 months)

R143.44 R114.47 Fair Value R13.49 Jul 2025 Jul 2026

12‑month range R114.47 – R143.44 · fair‑value band R10.12 – R16.86 · the R133.47 price screens above the R13.49 fair value. As of Jul 12, 2026.

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Analysis

Investec Group (INP) currently trades at R133.47, while our model-based Fair Value estimate is R13.49 — implying the stock looks roughly 89.9% overvalued today. We read business quality at 55/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Investec Group generated revenue of 2.1B ZAR at a net margin of 35.1%. Revenue grew 7.8% year over year. It earns a return on equity of 12.4%. The stock trades on a trailing P/E of 8.4. Fundamentals as of Jul 12, 2026

Our scenario range runs from R10.12 (bear case) to R16.86 (bull case); at R133.47, the current price sits above that range. For context, the median of 10 Financial Services peers we cover trades at 22% fair-value upside — at -90%, INP screens richer than that median.

Key figures & financial health

Revenue (TTM) 2.1B ZAC
Revenue growth (YoY) +9.4%
Net margin 34.1%
Return on equity 12.4%
Free cash flow −371M ZAC FY2026
P/E ratio 8.2
More key figures
Operating margin 43.8%
EPS (TTM) R16.30
EPS growth (YoY) +9.2%

Figures from reported company fundamentals (EODHD) · as of Jul 12, 2026. TTM = trailing twelve months.

About the company

Investec Group provides various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions comprising severe illness, disability, life, mortgage and income protection, and business overloads. It also offers business banking solutions, such as trade and debtor, asset and leverage, structured property, technology asset, supply chain, and medical practice financing services, as well as financing for corporate and private equity firms; transaction banking, private capital, and forex and risk management solutions; foreign exchange services; instant access and call, notice, and fixed-term deposit accounts; and money market services and equity structured …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Investec Group reported revenue of R2.2B in FY2026 versus R1.9B in FY2022, a compound +3.5%/yr. Reported net income was R725M in FY2026, compounding +8.8%/yr from FY2022.

Revenue +3.5%/yr
FY22 R1.9B
FY23 R2.3B
FY24 R2.0B
FY25 R2.1B
FY26 R2.2B
Net income +8.8%/yr
FY22 R516M
FY23 R805M
FY24 R941M
FY25 R693M
FY26 R725M

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Cite: Fair Value Calculator (2026). "Investec Group Fair Value". https://www.fairvalue-calculator.com/stock/INP

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Frequently asked questions

Is Investec Group (INP) undervalued?
As of Jul 12, 2026, our model estimates a fair value of R13.49 versus a price of R133.47 — about −90% (overvalued). Model-based estimate, not financial advice.
What is the fair value of INP?
Our model-based fair value for Investec Group is R13.49 (as of Jul 12, 2026), built from audited fundamentals. The current price is R133.47.
What is the quality score of INP?
Investec Group has a Quality Score of 55/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Investec Group (INP)?
Investec Group reported trailing-twelve-month revenue of about 2.1B ZAR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of INP?
The net profit margin of Investec Group is about 35.1%, meaning it keeps roughly 35.1% of revenue as net income. Based on the latest reported figures.

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.