Sasol Limited (SASOF) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Sasol Limited $11.23, price $13.25, upside -15.3%, quality 56 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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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 Sep 24, 2026.
How to read this chart
60‑month range $1.23 – $29.30 · fair‑value band $10.89 – $14.65 · the $13.25 price screens above the $11.23 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
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Sasol Limited operates as a chemical and energy company.
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Sasol Limited operates as a chemical and energy company. It offers bitumen, industrial heating fuels, naphtha, lubricants and lubricant base oils, liquefied petroleum gas, automotive and industrial lubricants, greases, cleansers and degreasers, automotive fuels, and burner fuels or domestic, as well as illuminating paraffin transport fuels, such as petrol, diesel, and jet fuels. The company also provides methane rich and natural gas. In addition, it offers ammonium nitrate, limestone ammonium nitrate, and nitric acid for agriculture; industrial foaming agents, wax/hydrophobic coatings and industrial pegs, dispersible hydrates, boehmites, and aluminum oxides for building and construction; short-chain alcohols for flavors and fragrances; liquids, flakes, powders, and polyethylene glycols for health and wellness; caustic soda, hydrochloric acid CP Grade, and calcium chloride for industrial and institutional cleaning; alumina-based catalyst, cobalt FT catalysts, and mixed metal oxides for inorganic materials and catalysts; chemical feedstocks, process solvents, and chemicals for manufacturing and industrial; viscosity modifiers, chemical carriers, and adsorbents for mining, oil, and gas; hydrocarbons, surfactants, polyether, and polyglycols for paper and water; surfactants, dyes, finishing agents, tanning agents, and emulsifiers for textile and leather; and other chemicals for automotive and transportation, consumer goods, home care, packaging, printing, coatings, personal care, and polymers sectors. Further, it is involved in engineering services, research and development, and technology transfer; management of cash resources, investments, and procurement of loans; develop and implement international gas to liquid and CTL ventures; marketing of fuels and lubricants; trading and transportation of oil products, petrochemicals and chemical products, and derivatives; and coal mining activities. Sasol Limited was founded in 1950 and is based in Johannesburg, South Africa.
Stock analysis
Sasol Limited (SASOF) currently trades at $13.25, while our model-based Fair Value estimate is $11.23, 15.3% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $30.57 per share, and 15 of the 23 models we run sit above the $13.25 price.
Bear case: the Earnings-Based group reads lowest at $4.70, and 8 of the 23 models stay below the price. Evidence for this calculation is high.
Scenario range: $10.89 (bear) to $14.65 (bull), the price of $13.25 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 56/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Sasol Limited reported revenue of 249B ZAR in FY2025 versus 202B ZAR in FY2021, a compound +5.4%/yr. Reported net income was 6.8B ZAR in FY2025, compounding −7.0%/yr from FY2021.
Key figures
Market cap $8.5B · P/E ratio 45.9 · P/S ratio 1.25 · EPS (TTM) $0.2300 · Dividend yield 0.0% · Net margin 2.7% · Return on equity 2.5% · Return on assets (EBIT) 11.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 3% below its 52-week high and 148% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −46% fair-value upside, at −15%, SASOF screens cheaper than that median.
Fair Value models
Bear $10.89Fair Value $11.23Bull $14.65
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. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then ($0.2300 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−9.5%
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.
−3.0%
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.
+5.5%
Start year 2020 (pandemic). Over 10 years: +3.0% a year
Revenue growth 31 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.
+11.1%
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What shareholders gained per year (last 5 years), in ZAR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in ZAR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+8.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.1.2% vs −14.0%, picking up
Profit margin 2017 to 2022 ⓘ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.19% → 19%
Start year 2020 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.0%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in ZAR, South Africa: IMF forecast 3.3% a year to 2030, 4.9% from 2016 to 2025) that is about +1.5% a year for the price and +0.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (92 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.
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.Specialty Chemicals · 696 stocks
Beats the industry median on 9/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside+40.3% · Top 25%
Profitability
Return on equity (TTM)2.5% · Below median
Return on assets5.7% · Top 25%
Net margin (TTM)1.0% · Bottom 25%
Operating margin (TTM)9.8% · Above median
Growth and dividend
Revenue growth0.2% · Below median
Dividend yield (TTM)0.0% · Bottom 25%
Balance sheet
Debt / equity0.58× · Highest 25%
Valuation Multiplesvs Specialty Chemicals median · lower = cheaper
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). "Sasol Limited Fair Value". https://www.fairvalue-calculator.com/stock/SASOF
Frequently asked questions
Is Sasol Limited (SASOF) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of $11.23 versus a price of $13.25, about −15% upside (overvalued).
What is the fair value of SASOF?
Our model-based fair value for Sasol Limited is $11.23 (as of Sep 24, 2026), built from audited fundamentals. The current price: $13.25.
What is the quality score of SASOF?
Sasol Limited has a Quality Score of 56/100. 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 Sasol Limited (SASOF)?
Our model-based price target is the fair value of $11.23 (as of Sep 24, 2026) from 23 valuation models. Cautious scenario $10.89, optimistic scenario $14.65. It is a calculation from audited fundamentals, not an analyst target.
What is the Sasol Limited stock forecast for 2026?
Our models put fair value at $11.23, about −15% upside versus a price of $13.25 (overvalued). Cautious scenario $10.89, optimistic scenario $14.65. The calculation is refreshed regularly with new filings.
What is the revenue of Sasol Limited (SASOF)?
Sasol Limited reported trailing-twelve-month revenue of about 249B ZAR (latest available figure, as of Sep 24, 2026).
Does Sasol Limited pay a dividend?
Sasol Limited currently shows a dividend yield of about 0.02% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Sasol Limited (SASOF)?
For today's price to be fair in a discounted-cash-flow model, Sasol Limited would have to grow free cash flow by +4.8 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.5 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of SASOF use?
Our models discount Sasol Limited at 9.7 %: a base by market capitalisation (mid), country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Sasol Limited that is +4.8 % per year a year over ten years, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Sasol Limited (SASOF) delivered so far?
Over the past 5 years revenue at Sasol Limited grew +5.5 % a year. The price currently implies +4.8 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Sasol Limited (SASOF) growing?
The median revenue growth in the sector is +7.6 % a year. That is the yardstick for the growth priced into Sasol Limited (+4.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sasol Limited (SASOF)?
The free-cash-flow yield on the price is 9.11 %: that much free cash flow Sasol Limited produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sasol Limited (SASOF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sasol Limited it is $11.23 per share (as of Sep 24, 2026), against a price of $13.25. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Sasol Limited stock overvalued or undervalued in 2026?
As of Sep 24, 2026, SASOF trades above its calculated fair value: price $13.25, fair value $11.23, a gap of about −15% (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 SASOF?
No. The price is what the market pays today ($13.25); the fair value is what the company's own numbers justify ($11.23). For Sasol Limited the two are $2.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Sasol Limited worth?
The market values Sasol Limited at about $8.5B (market capitalisation, as of Sep 24, 2026). Per share that is $13.25; our models calculate a fair value of $11.23 per share.
What do the bullish and bearish scenarios say about SASOF?
Our models span a range for Sasol Limited: cautious scenario $10.89, base $11.23, optimistic $14.65 per share (as of Sep 24, 2026, price $13.25). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of SASOF?
Sasol Limited trades at a price-to-earnings ratio of 45.9 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $11.23 is built from several models across several years. Other multiples: PEG 0.2, P/B 0.9, P/S 0.6, EV/EBITDA 4.4.
What is the PEG ratio of SASOF?
The PEG ratio of Sasol Limited is 0.16 (P/E divided by earnings growth, as of Sep 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 Sasol Limited (SASOF)?
Balance-sheet figures for Sasol Limited (as of Sep 24, 2026): return on equity 2.5%, debt of 0.58 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is SASOF from its 52-week high?
Sasol Limited trades at $13.25, about 3% below its 52-week high of $13.70 and 148% above the low of $5.34 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $11.23 is for.
Which stocks are comparable to Sasol Limited?
From the same area (Basic Materials) we also value Linde plc, The Sherwin-Williams Company, Ecolab Inc, Air Products and Chemicals, 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 Sasol Limited stock attractive at the current price?
The data as of Sep 24, 2026: price $13.25, calculated fair value $11.23 (−15%), Quality Score 56/100, from 23 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 SASOF calculated?
We run Sasol Limited through 23 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 $11.23, 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 14.5 % above its aggregate fair value. Sasol Limited 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 Sasol Limited (SASOF)?
The closing price on Oct 2, 2026 was $13.25. Our model-based fair value is $11.23, about −15% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sasol Limited right now?
Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder. The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Where does the earnings growth of Sasol Limited (SASOF) come from?
Earnings per share at Sasol Limited grew −12.4 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.4 %, EBIT margin −3.3 %, tax rate −0.7 %, residual (interest, one-offs) −11.8 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Sasol Limited
How large is the market capitalisation of Sasol Limited (SASOF)?
The market capitalisation of Sasol Limited is $8.5B. 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 Sasol Limited (SASOF)?
The price-to-sales ratio of Sasol Limited is 1.25 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sasol Limited (SASOF)?
Earnings per share at Sasol Limited are $0.2300 (price ÷ EPS = P/E 45.9). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Sasol Limited (SASOF)?
The dividend yield of Sasol Limited is 0.0% (payout 1.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Sasol Limited (SASOF)?
The net margin of Sasol Limited is 2.7% (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 Sasol Limited (SASOF)?
The return on equity (ROE) of Sasol Limited is 2.5% (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 Sasol Limited (SASOF)?
On an EBIT basis the return on assets of Sasol Limited is 11.6% (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 Sasol Limited (SASOF)?
The operating margin of Sasol Limited is 9.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sasol Limited (SASOF)?
Revenue at Sasol Limited is growing +0.2% versus a year earlier (3y avg −3.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Sasol Limited (SASOF)?
Earnings per share at Sasol Limited are growing −94.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Sasol Limited (SASOF) carry?
The net debt of Sasol Limited is 79.6B ZAR (fiscal year 2025, ≈ 6.2 yrs of FCF). 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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Broad data
Sep 24, 2026