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Lewis Group (LEW) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 5.1B ZAC

LG Lewis Group LEW · JSE
PriceR98.58
Fair ValueR278.30
Upside+182.3%
Quality69/100
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Evidence: High Range R147.04 – R447.56

Fair value as of: Jul 11, 2026

From 26 valuation models · updated today

Share price +8.3% over the past month.

Price vs Fair Value (12 months)

R99.62 R71.03 Fair Value R278.30 Jul 2025 Jul 2026

12‑month range R71.03 – R99.62 · fair‑value band R147.04 – R447.56 · the R98.58 price screens below the R278.30 fair value. As of Jul 11, 2026.

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Analysis

Lewis Group (LEW) currently trades at R98.58, while our model-based Fair Value estimate is R278.30 — implying the stock looks roughly 182.3% undervalued today. We read business quality at 69/100 (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.

Over the trailing twelve months, Lewis Group generated revenue of 10.3B ZAR at a net margin of 8.3%. Revenue grew 11.0% year over year. It earns a return on equity of 16.2%. Net debt stands at 2.2B ZAR. Fundamentals as of Jul 11, 2026

Our scenario range runs from R147.04 (bear case) to R447.56 (bull case); at R98.58, the current price sits below that range. For context, the median of 10 Consumer Cyclical peers we cover trades at -20% fair-value upside — at 182%, LEW screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 10.3B ZAC
Revenue growth (YoY) +11.0%
Net margin 8.3%
Return on equity 16.2%
Free cash flow 453M ZAC FY2026
P/E ratio 6.2
More key figures
Operating margin 15.2%
EPS (TTM) R15.87
EPS growth (YoY) +12.7%
Net debt 2.2B ZAC FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

Lewis Group Limited, together with its subsidiaries, engages in the retail of household furniture, home appliances, electronic goods, and homewares in South Africa, Botswana, Lesotho, Eswatini, and Namibia. It operates through Traditional, and Speciality segments. The company retails electrical appliances; sound and vision equipment; beds and mattresses; and various furniture products through its stores under the Lewis, Best Home and Electric, Bedzone, United Furniture Outlets, and Beares brand names. It also provides microinsurance to customers purchasing merchandise on credit under the Monarch Insurance brand. Lewis Group Limited was founded in 1934 and is based in Cape Town, South Africa.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Lewis Group reported revenue of R10.3B in FY2026 versus R6.0B in FY2022, a compound +14.6%/yr. Reported net income was R854M in FY2026, compounding +15.3%/yr from FY2022.

Revenue +14.6%/yr
FY22 R6.0B
FY23 R6.1B
FY24 R8.2B
FY25 R9.3B
FY26 R10.3B
Net income +15.3%/yr
FY22 R483M
FY23 R411M
FY24 R436M
FY25 R755M
FY26 R854M

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

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Frequently asked questions

Is Lewis Group (LEW) undervalued?
As of Jul 11, 2026, our model estimates a fair value of R278.30 versus a price of R98.58 — about +182% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LEW?
Our model-based fair value for Lewis Group is R278.30 (as of Jul 11, 2026), built from audited fundamentals. The current price is R98.58.
What is the quality score of LEW?
Lewis Group has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Lewis Group (LEW)?
Lewis Group reported trailing-twelve-month revenue of about 10.3B ZAR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of LEW?
The net profit margin of Lewis Group is about 8.3%, meaning it keeps roughly 8.3% 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.