EN DE

RMB Holdings Ltd (RMH) Fair Value & Analysis

Financial Services · ZA · Market cap 680M ZAC · ISIN ZAE000024501

RH RMB Holdings Ltd RMH · JSE
PriceR0.5800
Fair ValueR0.3300
Upside-43.1%
Quality42/100
Watch RMB Holdings Ltd for free, get notified when fair value or trend changes. Watch for free

Risks

!Trades 76% ABOVE our fair value of R0.3300
!Weak Growth (revenue 3y −73.0 %/yr)
!Low debt · negative free cash flow
!Mixed vs. peers (4/9)
Weak Growth (revenue 3y −73.0 %/yr)
Low debt · negative free cash flow
Mixed vs. peers (4/9)
Narrow moat 15/100
Evidence: Low Range R0.2400 – R0.4900 Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 16 days ago

Share price +16.0% over the past month.

Below-average quality, and trading another 76% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Track RMB Holdings Ltd and get told automatically when its fair value or trend turns, plus fair value for all 35,000+ stocks. 14 days of Pro free, no card. Track it free

What matters now

  • The price sits above even our optimistic bull case (R0.4900). The favourable scenario is already priced in.
  • Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (R0.2400 to R0.4900) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

R1.85 R0.3500 Fair Value R0.3300 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range R0.3500 – R1.85 · fair‑value band R0.2400 – R0.4900 · the R0.5800 price screens above the R0.3300 fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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

Analysis

RMB Holdings Ltd (RMH) currently trades at R0.5800, while our model-based Fair Value estimate is R0.3300, implying the stock looks roughly 43.1% overvalued today. The Quality Score stands at 42/100 (below-average 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: low).

Revenue declined 22.2% year over year. It earns a return on equity of -32.7%. The balance sheet holds a net cash position of 26.0M ZAR. Fundamentals as of Aug 13, 2026

Our scenario range runs from R0.2400 (bear case) to R0.4900 (bull case); at R0.5800, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Financial Services peers we cover trades at -7% fair-value upside, at -43%, RMH screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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
Highest evidence
NCAV (Graham) R0.2400 R0.3300 R0.4900 50
All 1 models by family
Asset-Based
NCAV (Graham) R0.2400 R0.3300 R0.4900 50

Notify me when RMH reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 7.26 TTM
EPS (TTM) R-0.1800
Net margin -277% TTM
Return on equity -32.7% TTM
Return on assets (EBIT) -6.4% avg 5y
Operating margin -229% TTM
More key figures
Growth
Revenue growth (YoY) -22.2% 3y avg -73.0%
EPS growth (YoY) -13.8%
Balance sheet & cash flow
Free cash flow −24.0M ZAC FY2025
Net cash 26.0M ZAC FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 40 · Market factors (momentum, volatility) 75

Profitability 0
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 37
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 80
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

RMB Holdings Limited, an investment holding company, provides diversified financial services in South Africa. The company was incorporated in 1987 and is based in Midrand, South Africa.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

RMB Holdings Ltd reported revenue of 13.0M ZAR in FY2025 versus 33.3M ZAR in FY2021, a compound −21.0%/yr. Reported net income was −245M ZAR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
13.0M ZAR
Avg. revenue growth/yr (3Y) 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.
−73.0%
Avg. revenue growth/yr (20Y) 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.
−24.9%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue −21.0%/yr
FY21 33.3M ZAR
FY22 664M ZAR
FY23 197M ZAR
FY24 −80.0M ZAR
FY25 13.0M ZAR
Net income
FY21 −96.0M ZAR
FY22 611M ZAR
FY23 −440M ZAR
FY24 −121M ZAR
FY25 −245M ZAR

RMH screens 43% overvalued. Compare with DBS Group →

Share or link this analysis
For bloggers & editors: embed code + live data

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.

Cite: Fair Value Calculator (2026). "RMB Holdings Ltd Fair Value". https://www.fairvalue-calculator.com/stock/RMH

Peer Group

Banks - Regional · 1089 stocks

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.

Quality Score 40 · Bottom 25%
Fair Value upside −43% · Bottom 25%
Return on assets 4% · Top 25%
Revenue growth -22% · Bottom 25%

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.47× · Cheaper than 75% of peers
PEG 68.54× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 34
FUTURE0 · sector 44
PAST0 · sector 41
HEALTH100 · sector 85
DIVIDEND0 · sector 51

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DBS Group D05 75.65 SGD 40.48 SGD -46%
China Merchants Bank Co 3968 HK$47.96 HK$76.51 +60%
Intesa Sanpaolo S.p.A ISP €6.78 €5.66 -17%
HDFC Bank Limited HDB $23.17 $24.12 +4%
BNP Paribas SA BNP €102.56 €144.64 +41%
UniCredit S.p.A UCG €83.42 €77.62 -7%
Mizuho Financial Group MFG $10.45 $9.83 -6%
ICICI Bank Limited ICICIBANK ₹1,443 ₹835.21 -42%
The PNC Financial Services Group PNC $244.67 $192.40 -21%
CaixaBank, S.A CABK €13.10 €8.85 -32%

Compare RMB Holdings Ltd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Financial Services stocks →

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

Discover undervalued stocks

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Fama-French 3-Factor Model Calculator Run the Fama-French 3-factor model in seconds: expected return from the market, size and value factors - free, with formula, betas and an example. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is RMB Holdings Ltd (RMH) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of R0.3300 versus a price of R0.5800, about −43% (overvalued).
What is the fair value of RMH?
Our model-based fair value for RMB Holdings Ltd is R0.3300 (as of Aug 13, 2026), built from audited fundamentals. The current price: R0.5800.
What is the quality score of RMH?
RMB Holdings Ltd has a Quality Score of 42/100. 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.

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.

Free · no account needed

Watch RMB Holdings Ltd in the live analysis

One click puts RMB Holdings Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.