EN DE

Sabvest Capital Limited (SBP) Fair Value & Analysis

Financial Services · ZA · Market cap 5.6B ZAC

SC Sabvest Capital Limited SBP · JSE
PriceR143.51
Fair ValueR225.48
Upside+57.1%
Quality67/100
Watch Sabvest Capital Limited for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Highly profitable · 99.2% net margin
Low debt · negative free cash flow
Ranks above peers (11/13)
Wide moat 79/100
Evidence: High Range R169.11 – R281.84 Share as image

Fair value as of: Jul 16, 2026

From 2 valuation models · updated 26 days ago

Share price −8.0% over the past month.

A solid business, screening 57% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (R169.11). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

R165.31 R44.07 Fair Value R225.48 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range R44.07 – R165.31 · fair‑value band R169.11 – R281.84 · the R143.51 price screens below the R225.48 fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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

Analysis

Sabvest Capital Limited (SBP) currently trades at R143.51, while our model-based Fair Value estimate is R225.48, implying the stock looks roughly 57.1% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Financial Services 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, Sabvest Capital Limited generated revenue of 1.1B ZAR at a net margin of 99.2%. Revenue grew 50.0% year over year. It earns a return on equity of 20.2%. The stock trades on a trailing P/E of 4.9. Fundamentals as of Jul 16, 2026

Our scenario range runs from R169.11 (bear case) to R281.84 (bull case); at R143.51, the current price sits below 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 -12% fair-value upside, at 57%, SBP screens cheaper 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
P/B Multiple R102.67 R136.90 R171.12 55
NCAV (Graham) R80.53 R107.91 R161.05 50
All 2 models by family
Multiples
P/B Multiple R102.67 R136.90 R171.12 55
Asset-Based
NCAV (Graham) R80.53 R107.91 R161.05 50

Widest divergence: Multiples (R136.90) versus Asset-Based (R107.91). Highest evidence: P/B Multiple (55).

Notify me when SBP reaches fair value

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

Key figures & financial health

Revenue (TTM) 1.1B ZAC
Revenue growth (YoY) +50.0%
Net margin 99.2%
Return on equity 20.2%
Free cash flow −9.2M ZAC FY2025
P/E ratio 4.9
More key figures
Operating margin 99.5%
EPS (TTM) R29.67
Dividend yield 0.0%
EPS growth (YoY) +53.8%
Net cash 40.0K ZAC FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 61 · Market factors (momentum, volatility) 68

Profitability 54
Margins and returns on capital today
Quality Growth 47
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 99
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.

About the company

Sabvest Capital Limited is a private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital, special situation and management buyouts. It seeks to invest equity interests in listed and unlisted companies.

Full company description

Sabvest Capital Limited is a private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital, special situation and management buyouts. It seeks to invest equity interests in listed and unlisted companies. It usually invests in companies where key management has meaningful interests or in family managed businesses. The firm does not invest in stage one, start-up or greenfield investments, and turnarounds and is also unlikely to make new investments that exceed 15% of its portfolio or 25% of shareholders' equity. It seeks to invest in companies operating in the information technology, industrial, media, retail, trading, services, financial and distribution industries. The firm seeks to invest in businesses in South Africa, the United Kingdom, and Europe. The firm invests in portfolio companies with equity stakes between 10% and 40%. It usually invests in companies where key management has meaningful interests or in family managed businesses. The firm may hold majority or joint controlling interests but without direct management responsibility. The firm does not acquire a board seat in case of majority investments and favors large minority stakes in unlisted companies. It may hold equity instruments that are small in percentage terms but where the group is able to exercise influence through board representation or shareholder agreements. The firm also has a secondary investment focus which includes holding cash, bonds, short-term investments, fund participation, shares and other investments and debt instruments. It seeks to hold a meaningful level of investments in international currencies. Sabvest Limited is based in Sandton, South Africa.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sabvest Capital Limited reported revenue of R140M in FY2025 versus R273M in FY2021, a compound −15.4%/yr. Reported net income was R1.1B in FY2025, compounding +13.4%/yr from FY2021.

Growth Quality 60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
140M ZAR
Avg. 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.
+7.4%
Avg. growth/yr (5Y) 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.
+18.2%
Avg. growth/yr (12Y) 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.
+3.6%
Revenue −15.4%/yr
FY21 R273M
FY22 R241M
FY23 R5.0M
FY24 R338M
FY25 R140M
Net income +13.4%/yr
FY21 R679M
FY22 R680M
FY23 −R4.3M
FY24 R899M
FY25 R1.1B
Character of growth · EPS growth decomposed (2014-2025) +19.1 % p.a.
Revenue per share −1.0 pp

of which total revenue −2.6 pp · buybacks/dilution +1.6 pp

EBIT margin +17.4 pp
Tax rate +2.1 pp
Residual (interest, one-offs) +0.6 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch SBP: get an alert when its fair value changes →

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). "Sabvest Capital Limited Fair Value". https://www.fairvalue-calculator.com/stock/SBP

Peer Group

Asset Management · 970 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 67 · Above median
Fair Value upside +57% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 13% · Top 25%
Net margin (TTM) 99% · Top 25%
Operating margin (TTM) 100% · Top 25%
Revenue growth 50% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 5.1× · Cheaper than 75% of peers
P/B 0.93× · Cheaper than median
P/S (TTM) 4.98× · Pricier than median
EV/EBITDA 5.4× · Cheaper than median

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.

VALUE 100 · sector 37
FUTURE 100 · sector 6
PAST 81 · sector 26
HEALTH 97 · sector 95
DIVIDEND 0 · sector 70

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

Compare Sabvest Capital Limited 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

Frequently asked questions

Is Sabvest Capital Limited (SBP) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of R225.48 versus a price of R143.51, about +57% (undervalued).
What is the fair value of SBP?
Our model-based fair value for Sabvest Capital Limited is R225.48 (as of Jul 16, 2026), built from audited fundamentals. The current price is R143.51.
What is the quality score of SBP?
Sabvest Capital Limited has a Quality Score of 67/100. 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 revenue of Sabvest Capital Limited (SBP)?
Sabvest Capital Limited reported trailing-twelve-month revenue of about 1.1B ZAR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of SBP?
The net profit margin of Sabvest Capital Limited is about 99.2%, meaning it keeps roughly 99.2% of revenue as net income. Based on the latest reported figures.
Does Sabvest Capital Limited pay a dividend?
Sabvest Capital Limited currently shows a dividend yield of about 0.01% relative to its recent price (as of Jul 16, 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.

14 days Pro free · no card

Track Sabvest Capital Limited and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.