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Rex Trueform Group (RTO) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 310M ZAC

RT Rex Trueform Group RTO · JSE
PriceR0.1100
Fair ValueR0.1400
Upside+27.3%
Quality88/100
Evidence: Medium Range R0.0700 – R0.2000

Fair value as of: Jun 26, 2026

From 16 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from R10.27 to R0.1400 (−98.6%) since Jun 24, 2026.

Price vs Fair Value (12 months)

R0.1180 R0.1100 Fair Value R0.1400 Jun 2025 Jun 2026

12‑month range R0.1100 – R0.1180 · fair‑value band R0.0700 – R0.2000 · the R0.1100 price screens below the R0.1400 fair value. As of Jun 26, 2026.

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Analysis

Rex Trueform Group (RTO) currently trades at R0.1100, while our model-based Fair Value estimate is R0.1400 — implying the stock looks roughly 27.3% undervalued today. We read business quality at 88/100 (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: medium) — always confirm before acting.

Over the trailing twelve months, Rex Trueform Group generated revenue of 677M ZAR at a net margin of 0.5%. Revenue declined 1.3% year over year. It earns a return on equity of 0.8%. Net debt stands at 347M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 677M ZAC
Revenue growth (YoY) -1.3%
Net margin 0.5%
Return on equity 0.8%
Free cash flow 28.5M ZAC FY2024
P/E ratio 78.6
More key figures
Operating margin 6.8%
EPS (TTM) R0.1400
EPS growth (YoY) -3.9%
Net debt 347M ZAC FY2024

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

About the company

Rex Trueform Group Limited, an investment holding company, through its subsidiaries, provides retails fashion apparel in South Africa. The company operates through Retail, Property, Media and Broadcasting, Technology, and Water Infrastructure segments. It offers men's and women's clothing, shoes, costume jewellery, cosmetics, and related accessories under the Queenspark brand name through stores and online platforms. The company also invests in properties mainly offices and industrial spaces; and invests in private water and waste water utility group, as well as engages in the supply, installation, and service support for radio and television broadcasting equipment and provides communication services and connectivity solutions. In addition, it designs, builds, and launches digital solutions. The company was formerly known as Rex Trueform Clothing Company Limited and changed its name to Rex Trueform Group Limited in January 2018. The company was incorporated in 1937 and is based in C…

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Rex Trueform Group reported revenue of R703M in FY2024 versus R579M in FY2020, a compound +5.0%/yr. Reported net income was −R835K in FY2024.

Revenue +5.0%/yr
FY20 R579M
FY21 R465M
FY22 R599M
FY23 R720M
FY24 R703M
Net income
FY20 −R74.2M
FY21 R23.1M
FY22 R53.7M
FY23 R85.7M
FY24 −R835K

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Industria de Diseño Textil, S.A IDEXY $16.18 $9.14 -44%
The TJX Companies, Inc TJX C$29.33 C$12.50 -57%
Fast Retailing Co FRCOY $52.64 $18.56 -65%
Ross Stores, Inc ROST $230.37 $96.26 -58%
NEXT plc NXGPF $190.69 $207.74 +9%
Burlington Stores, Inc BURL $327.01 $112.12 -66%

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Frequently asked questions

Is Rex Trueform Group (RTO) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R0.1400 versus a price of R0.1100 — about +27% (undervalued). Model-based estimate, not financial advice.
What is the fair value of RTO?
Our 21-model fair value for Rex Trueform Group is R0.1400 (as of Jun 26, 2026), built from audited fundamentals. The current price is R0.1100.
What is the quality score of RTO?
Rex Trueform Group has a Quality Score of 88/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Rex Trueform Group (RTO)?
Rex Trueform Group reported trailing-twelve-month revenue of about 677M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of RTO?
The net profit margin of Rex Trueform Group is about 0.5%, meaning it keeps roughly 0.5% 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.

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