Lesaka Technologies Inc (LSAK) fair value: what the stock is really worth
We calculate from audited financials what Lesaka Technologies Inc is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
Valuation from Jul 24, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 24, 2026.
How to read this chart
60‑month range $3.06 – $6.45 · fair‑value band $1.45 – $4.29 · the $4.21 price screens above the $2.86 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 24, 2026.
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Lesaka Technologies, Inc. provides financial technology (fintech) products and services through its platform in South Africa and internationally. It operates in three segments: Merchant, Consumer, and Enterprise.
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Lesaka Technologies, Inc. provides financial technology (fintech) products and services through its platform in South Africa and internationally. It operates in three segments: Merchant, Consumer, and Enterprise. The company offers merchant solutions comprising merchant acquiring, integrated POS software and hardware for the hospitality industry, cash management and digitalization, and small cash advances and business credit solutions; and alternative digital products (ADP), including bill payments, international money transfers, and supplier enabled payments, as well as prepaid solutions for airtime, data, electricity, and gaming. It also provides low-cost EasyPay Everywhere transactional bank accounts, short-term personal loans, life and funeral insurance, and secure payout solutions; Adumo, a payments and commerce enablement platform that provides payment processing and integrated software solutions; and Recharger, a prepaid electricity platform that provides submetering administration and payment processing solutions. In addition, the company offers card acquiring, payment gateway, cash management, payment, digital wallet, and various value-added services. Further, it engages in the sale of POS devices, SIM cards, and other consumables; and the licensing of rights to use certain technology developed by the company. The company serves unbanked and underbanked consumers; small-to-medium and micro merchants; and corporate and government organizations, including banks, mobile network operators, and municipalities. The company was formerly known as Net 1 UEPS Technologies, Inc. and changed its name to Lesaka Technologies, Inc. in May 2022. Lesaka Technologies, Inc. was founded in 1989 and is headquartered in Johannesburg, South Africa.
Stock analysis
Lesaka Technologies Inc (LSAK) currently trades at $4.21, while our model-based Fair Value estimate is $2.86, implying the stock looks roughly 47.0% overvalued today.
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Valuation
How firm this estimate is: it rests on 4 models at a data quality of 93/100, which puts the evidence level at low.
Scenario range: $1.45 (bear) to $4.29 (bull), the price of $4.21 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 33/100 (below-average quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Lesaka Technologies Inc reported revenue of $660M in FY2025 versus $131M in FY2021, a compound +49.9%/yr. Reported net income was −$87.5M in FY2025.
Key figures
Market cap $388M · P/S ratio 0.55 · EPS (TTM) $−0.3300 · Net margin −13.3% · Return on equity −15.2% · Return on assets (EBIT) −5.0% · Operating margin 3.7% · Revenue (TTM) $702M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 23% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −19% fair-value upside, at −32%, LSAK screens richer than that median.
Fair Value models
Bear $1.45Fair Value $2.86Bull $4.29
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+16.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+43.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+35.5%
Start year 2020 (pandemic). Over 10 years: +0.5% a year
Revenue growth 22 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+46.1%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−30.7% (2020) → −4.1% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
News mood ⓘNews mood, the average tone of recent news (63 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
Compare Lesaka Technologies Inc with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Software - Infrastructure · 383 stocks
Beats the industry median on 6/10 measures
Overall it ranks above its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−32% · Below median
Profitability
Return on assets1% · Above median
Net margin (TTM)−4% · Below median
Operating margin (TTM)4% · Above median
Growth and dividend
Revenue growth13% · Above median
Balance sheet
Debt / equity0.74× · Highest 25%
Valuation Multiplesvs Software - Infrastructure median · lower = cheaper
P/B1.52× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (TTM)0.55× · Cheapest 25%
EV/EBITDA8.2× · Cheapest 25%
PEG0.21× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 16
FUTURE (revenue growth)67· sector 48
PAST (return on equity)0· sector 18
HEALTH (low debt)63· sector 97
DIVIDEND (yield)0· sector 33
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Lesaka Technologies Inc (LSAK) overvalued or undervalued?
As of Jul 24, 2026, our model estimates a fair value of $2.86 versus a price of $4.21, about −32% upside (overvalued).
What is the fair value of LSAK?
Our model-based fair value for Lesaka Technologies Inc is $2.86 (as of Jul 24, 2026), built from audited fundamentals. The current price: $4.21.
What is the quality score of LSAK?
Lesaka Technologies Inc has a Quality Score of 33/100. 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 price target for Lesaka Technologies Inc (LSAK)?
Our model-based price target is the fair value of $2.86 (as of Jul 24, 2026) from 2 valuation models. Cautious scenario $1.45, optimistic scenario $4.29. It is a calculation from audited fundamentals, not an analyst target.
What is the Lesaka Technologies Inc stock forecast for 2026?
Our models put fair value at $2.86, about −32% upside versus a price of $4.21 (overvalued). Cautious scenario $1.45, optimistic scenario $4.29. The calculation is refreshed regularly with new filings.
What is the revenue of Lesaka Technologies Inc (LSAK)?
Lesaka Technologies Inc reported trailing-twelve-month revenue of about $702M (latest available figure, as of Jul 24, 2026).
What is the intrinsic value of Lesaka Technologies Inc (LSAK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lesaka Technologies Inc it is $2.86 per share (as of Jul 24, 2026), against a price of $4.21. It is the blended result of 2 valuation models (cash flow, earnings, asset, dividend).
Is Lesaka Technologies Inc stock overvalued or undervalued in 2026?
As of Jul 24, 2026, LSAK trades above its calculated fair value: price $4.21, fair value $2.86, a gap of about −32% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of LSAK?
No. The price is what the market pays today ($4.21); the fair value is what the company's own numbers justify ($2.86). For Lesaka Technologies Inc the two are $1.35 per share apart. That gap is exactly why we show both numbers side by side.
How much is Lesaka Technologies Inc worth?
The market values Lesaka Technologies Inc at about $388M (market capitalisation, as of Jul 24, 2026). Per share that is $4.21; our models calculate a fair value of $2.86 per share.
What do the bullish and bearish scenarios say about LSAK?
Our models span a range for Lesaka Technologies Inc: cautious scenario $1.45, base $2.86, optimistic $4.29 per share (as of Jul 24, 2026, price $4.21). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of LSAK?
The PEG ratio of Lesaka Technologies Inc is 0.21 (P/E divided by earnings growth, as of Jul 24, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Lesaka Technologies Inc (LSAK)?
Balance-sheet figures for Lesaka Technologies Inc (as of Jul 24, 2026): return on equity −15.2%, debt of 0.74 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is LSAK from its 52-week high?
Lesaka Technologies Inc trades at $4.21, about 23% below its 52-week high of $5.45 and 13% above the low of $3.71 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of $2.86 is for.
Which stocks are comparable to Lesaka Technologies Inc?
From the same area (Technology) we also value Microsoft Corporation, Oracle Corporation, Palantir Technologies Inc, Palo Alto Networks, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lesaka Technologies Inc stock attractive at the current price?
The data as of Jul 24, 2026: price $4.21, calculated fair value $2.86 (−32%), Quality Score 33/100, from 2 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of LSAK calculated?
We run Lesaka Technologies Inc through 2 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $2.86, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Lesaka Technologies Inc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lesaka Technologies Inc (LSAK)?
The closing price on Sep 23, 2026 was $4.21. Our model-based fair value is $2.86, about −32% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lesaka Technologies Inc right now?
Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide ($1.45 to $4.29). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Key figures of Lesaka Technologies Inc
How large is the market capitalisation of Lesaka Technologies Inc (LSAK)?
The market capitalisation of Lesaka Technologies Inc is $388M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lesaka Technologies Inc (LSAK)?
The price-to-sales ratio of Lesaka Technologies Inc is 0.55 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lesaka Technologies Inc (LSAK)?
Earnings per share at Lesaka Technologies Inc are $−0.3300. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Lesaka Technologies Inc (LSAK)?
The net margin of Lesaka Technologies Inc is −13.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lesaka Technologies Inc (LSAK)?
The return on equity (ROE) of Lesaka Technologies Inc is −15.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lesaka Technologies Inc (LSAK)?
On an EBIT basis the return on assets of Lesaka Technologies Inc is −5.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lesaka Technologies Inc (LSAK)?
The operating margin of Lesaka Technologies Inc is 3.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lesaka Technologies Inc (LSAK)?
Revenue at Lesaka Technologies Inc is growing +13.4% versus a year earlier (3y avg +43.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much free cash flow does Lesaka Technologies Inc (LSAK) generate?
The free cash flow of Lesaka Technologies Inc is −$26.3M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Lesaka Technologies Inc (LSAK) carry?
The net debt of Lesaka Technologies Inc is $159M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Jul 24, 2026