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Putprop Limited (PPR) Fair Value & Analysis

Real Estate · ZA · Market cap 296M ZAC

PL Putprop Limited PPR · JSE
PriceR6.98
Fair ValueR13.28
Upside+90.3%
Quality92/100
Evidence: High Range R13.03 – R24.38

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 3 days ago

Share price +20.3% over the past month.

Price vs Fair Value (12 months)

R6.98 R3.20 Fair Value R13.28 Jun 2025 Jun 2026

12‑month range R3.20 – R6.98 · fair‑value band R13.03 – R24.38 · the R6.98 price screens below the R13.28 fair value. As of Jun 26, 2026.

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Analysis

Putprop Limited (PPR) currently trades at R6.98, while our model-based Fair Value estimate is R13.28 — implying the stock looks roughly 90.3% undervalued today. We read business quality at 92/100 (high quality), in the Real Estate 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, Putprop Limited generated revenue of 139M ZAR at a net margin of 37.9%. Revenue declined 2.3% year over year. It earns a return on equity of 7.6%. Net debt stands at 384M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 139M ZAC
Revenue growth (YoY) -2.3%
Net margin 37.9%
Return on equity 7.6%
Free cash flow 26.2M ZAC FY2025
P/E ratio 5.6
More key figures
Operating margin 46.2%
EPS (TTM) R1.24
Dividend yield 0.0%
EPS growth (YoY) +60.9%
Net debt 384M ZAC FY2025

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

About the company

Putprop Limited operates as a property investment company in South Africa. The company operates through Property Rental Operations Categorized by Sector and Energy segments. It is involved in property rental and related services; owns and manages a portfolio of commercial, retail, industrial, and residential properties; and generates and sells of solar electricity, including the recovery of related service costs. The company was formerly known as Putco Properties Limited and changed its name to Putprop Limited in 2006. The company was incorporated in 1988 and is based in Johannesburg, South Africa. Putprop Limited is a subsidiary of Carleo Enterprises Proprietary Limited.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Putprop Limited reported revenue of R140M in FY2025 versus R73.1M in FY2021, a compound +17.7%/yr. Reported net income was R50.6M in FY2025, compounding +22.1%/yr from FY2021.

Revenue +17.7%/yr
FY21 R73.1M
FY22 R111M
FY23 R128M
FY24 R140M
FY25 R140M
Net income +22.1%/yr
FY21 R22.8M
FY22 R64.0M
FY23 R11.1M
FY24 R38.9M
FY25 R50.6M

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Frequently asked questions

Is Putprop Limited (PPR) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R13.28 versus a price of R6.98 — about +90% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PPR?
Our 21-model fair value for Putprop Limited is R13.28 (as of Jun 26, 2026), built from audited fundamentals. The current price is R6.98.
What is the quality score of PPR?
Putprop Limited has a Quality Score of 92/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Putprop Limited (PPR)?
Putprop Limited reported trailing-twelve-month revenue of about 139M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of PPR?
The net profit margin of Putprop Limited is about 37.9%, meaning it keeps roughly 37.9% of revenue as net income. Based on the latest reported figures.
Does Putprop Limited pay a dividend?
Putprop Limited currently shows a dividend yield of about 0.02% 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.