Fairvalue-Calculator Fairvalue-Calculator
EN DE

KAL Group (KAL) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 3.3B ZAC

KG KAL Group KAL · JSE
PriceR49.50
Fair ValueR119.77
Upside+142.0%
Quality92/100
Evidence: High Range R89.83 – R149.71

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from R130.51 to R119.77 (−8.2%) since Jun 24, 2026. Share price +8.4% over the past month.

Price vs Fair Value (12 months)

R50.21 R36.24 Fair Value R119.77 Jun 2025 Jun 2026

12‑month range R36.24 – R50.21 · fair‑value band R89.83 – R149.71 · the R49.50 price screens below the R119.77 fair value. As of Jun 26, 2026.

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

Analysis

KAL Group (KAL) currently trades at R49.50, while our model-based Fair Value estimate is R119.77 — implying the stock looks roughly 142.0% undervalued today. We read business quality at 92/100 (high 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.

Over the trailing twelve months, KAL Group generated revenue of 20.8B ZAR at a net margin of 2.3%. Revenue grew 5.0% year over year. It earns a return on equity of 14.7%. Net debt stands at 1.9B ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 20.8B ZAC
Revenue growth (YoY) +5.0%
Net margin 2.3%
Return on equity 14.7%
Free cash flow 899M ZAC FY2025
P/E ratio 6.7
More key figures
Operating margin 5.7%
EPS (TTM) R6.90
Dividend yield 0.1%
EPS growth (YoY) +30.3%
Net debt 1.9B ZAC FY2025

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

About the company

KAL Group Limited operates as a diversified trader and retailer in the agricultural, manufacturing, retail, and fuel and convenience markets in South Africa and Namibia. It operates through Agrimark, PEG, Agrimark Grain, and Manufacturing segments. The company engages in the grain handling and storage; marketing of agricultural commodities; seed and animal feed sales; provision of agricultural management advisory services; marketing of small grains and oilseeds; trading of potatoes; marketing of mechanical equipment; and sale of farming machinery and equipment, as well as offers after-sales services. It also distributes packaging materials, such as cartons, carton inner packaging, plastic bags, labels, pallet strapping, and pallets for fruits and vegetables; and offers local wines and beers, pet products, and financing products. In addition, the company manufactures and sells plastic products, such as bulk bins; and irrigation equipment, such as micro sprinklers, inline valves, and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

KAL Group reported revenue of R20.3B in FY2025 versus R10.6B in FY2021, a compound +17.7%/yr. Reported net income was R403M in FY2025, compounding +5.8%/yr from FY2021.

Revenue +17.7%/yr
FY21 R10.6B
FY22 R15.7B
FY23 R22.4B
FY24 R21.7B
FY25 R20.3B
Net income +5.8%/yr
FY21 R321M
FY22 R396M
FY23 R427M
FY24 R395M
FY25 R403M

Open the full interactive analysis →

Similar stocks

6 more Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Alimentation Couche-Tard Inc ANCTF $58.49 $45.16 -23%
Casey's General Stores, Inc CASY $915.60 $264.78 -71%
Williams-Sonoma, Inc WSM $204.98 $115.47 -44%
Ulta Beauty, Inc U1LT34 R$120.20 R$94.67 -21%
DICK'S Sporting Goods, Inc DKS $217.60 $313.58 +44%
China Tourism Group 601888 ¥57.20 ¥40.60 -29%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

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

Frequently asked questions

Is KAL Group (KAL) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R119.77 versus a price of R49.50 — about +142% (undervalued). Model-based estimate, not financial advice.
What is the fair value of KAL?
Our 21-model fair value for KAL Group is R119.77 (as of Jun 26, 2026), built from audited fundamentals. The current price is R49.50.
What is the quality score of KAL?
KAL Group has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of KAL Group (KAL)?
KAL Group reported trailing-twelve-month revenue of about 20.8B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of KAL?
The net profit margin of KAL Group is about 2.3%, meaning it keeps roughly 2.3% of revenue as net income. Based on the latest reported figures.
Does KAL Group pay a dividend?
KAL Group currently shows a dividend yield of about 0.05% 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.

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