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Sasol Limited (SSL) Fair Value & Analysis

Basic Materials · US · Market cap $7.2B

SL Sasol Limited logo Sasol Limited SSL · US
Price$11.07
Fair Value$14.14
Upside+27.8%
Quality51/100
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Mixed Growth
Thin margins · 1.0% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 38/100
Evidence: High Range $10.61 – $17.67 Share as image

Fair value as of: Jul 19, 2026

From 25 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from $24.74 to $14.14 (−42.8%) since Jun 24, 2026. Share price +7.2% over the past month.

A solid business, screening 28% undervalued on our models.

What matters now

  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from $10.61 (bear) to $17.67 (bull), base $14.14. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 51/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

$24.34 $2.93 Fair Value $14.14 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $2.93 – $24.34 · fair‑value band $10.61 – $17.67 · the $11.07 price screens below the $14.14 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Sasol Limited (SSL) currently trades at $11.07, while our model-based Fair Value estimate is $14.14, implying the stock looks roughly 27.8% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Basic Materials 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, Sasol Limited generated revenue of $249B at a net margin of 1.0%. Revenue grew 0.2% year over year. It earns a return on equity of 2.5%. Net debt stands at $79.6B. Fundamentals as of Jul 19, 2026

Our scenario range runs from $10.61 (bear case) to $17.67 (bull case); at $11.07, the current price sits within 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. The share trades about 23% below its 52-week high and 157% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -58% fair-value upside, at 28%, SSL 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
Growth DCF $151.40 $259.61 $410.32 80
Residual Income $178.08 $174.89 $156.45 76
Rev-Margin DCF $259.45 $493.66 $766.17 74
All 25 models by family
DCF Models
FCF DCF $149.01 $273.53 $459.32 38
5Y Revenue Exit $259.45 $497.67 $807.45 39
5Y EBITDA Exit $362.30 $692.66 $1,085 41
5Y P/E Exit $83.34 $163.77 $247.66 38
10Y Revenue Exit $203.67 $408.90 $694.52 36
10Y EBITDA Exit $280.39 $542.20 $904.18 37
10Y P/E Exit $105.57 $180.62 $271.62 35
Earnings-Based
Graham-Dodd $72.90 $242.15 $324.07 54
Lynch FV $54.78 $78.26 $101.74 50
PEG = 1.0 $54.78 $78.26 $101.74 46
EPV $413.10 $490.21 $556.73 59
Dividend Discount
Gordon GGM $0.0200 $0.0400 $0.0600 70
DDM Multi-Stage $0.0200 $0.0400 $0.0500 61
Multiples
P/E Multiple $136.69 $182.25 $227.82 63
P/S Multiple $136.69 $182.25 $227.82 58
P/B Multiple $136.69 $182.25 $227.82 55
EV/EBIT $564.58 $777.86 $991.14 53
EV/EBITDA $548.14 $755.94 $963.74 54
EV/Revenue $339.11 $516.69 $694.28 43
Asset-Based
NCAV (Graham) $120.74 $161.80 $241.49 50
Growth DCF
Growth DCF $151.40 $259.61 $410.32 80
Rev-Margin DCF $259.45 $493.66 $766.17 74
Economic Profit
Residual Income $178.08 $174.89 $156.45 76
ROIC Compounder $446.56 $584.65 $748.96 72
Growth Earnings
Growth-Adj P/E $118.78 $169.68 $220.59 68

Widest divergence: DCF Models ($408.90) versus Dividend Discount ($0.0400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) $249B
Revenue growth (YoY) +0.2%
Net margin 1.0%
Return on equity 2.5%
Free cash flow $12.9B FY2025
P/E ratio 49.1
More key figures
Operating margin 9.8%
EPS (TTM) $0.2300
EPS growth (YoY) -94.8%
Net debt $79.6B FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 50 · Market factors (momentum, volatility) 71

Profitability 36
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 48
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 75
Price trend over the last 3–12 months (market factor)
52W Momentum 84
Distance to the 52-week high (market factor)
Net Issuance 74
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

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, …

Full company description

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.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sasol Limited reported revenue of $249B in FY2025 versus $202B in FY2021, a compound +5.4%/yr. Reported net income was $6.8B in FY2025, compounding −7.0%/yr from FY2021.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$249B
Latest YoY
−9.5%
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.
−3.0%
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.
+5.5%
Avg. growth/yr (31Y) 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.
+11.1%
Revenue +5.4%/yr
FY21 $202B
FY22 $273B
FY23 $290B
FY24 $275B
FY25 $249B
Net income −7.0%/yr
FY21 $9.0B
FY22 $39.0B
FY23 $21.5B
FY24 −$44.3B
FY25 $6.8B
Character of growth · EPS growth decomposed (2014-2025) −6.4 % p.a.
Revenue per share +3.5 pp

of which total revenue +4.1 pp · buybacks/dilution −0.7 pp

EBIT margin −7.9 pp
Tax rate +1.4 pp
Residual (interest, one-offs) −3.3 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).

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Cite: Fair Value Calculator (2026). "Sasol Limited Fair Value". https://www.fairvalue-calculator.com/stock/SSL

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Specialty Chemicals · 673 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 51 · Below median
Fair Value upside +28% · Top 25%
Return on equity (TTM) 2% · Below median
Return on assets 6% · Top 25%
Net margin (TTM) 1% · Below median
Operating margin (TTM) 10% · Above median
Revenue growth 0% · Below median
Debt / equity 0.58× · Higher than 75% of peers

Valuation Multiples vs Specialty Chemicals median · lower = cheaper

P/E (TTM) 49.1× · Pricier than 75% of peers
P/FCF 0.6× · Cheaper than median
PEG 0.14× · Cheaper 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.

VALUE 70 · sector 0
FUTURE 1 · sector 19
PAST 10 · sector 23
HEALTH 71 · sector 95
DIVIDEND 0 · sector 25

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 Specialty Chemicals stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

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Wanhua Chemical Group 600309 ¥70.04 ¥68.03 -3%
Novozymes A/S NSISB kr 428.20 kr 179.66 -58%
Asian Paints Limited ASIANPAINT ₹2,689 ₹668.81 -75%
Solar Industries India Limited SOLARINDS ₹18,236 ₹2,793 -85%
Pidilite Industries Limited PIDILITIND ₹1,560 ₹351.84 -77%
PT Chandra Asri Pacific Tbk TPIA 1,805 IDR 2,888 IDR +60%
Linde India Limited LINDEINDIA ₹7,115 ₹757.93 -89%
Berger Paints India Limited BERGEPAINT ₹493.70 ₹164.29 -67%

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Frequently asked questions

Is Sasol Limited (SSL) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $14.14 versus a price of $11.07, about +28% (undervalued).
What is the fair value of SSL?
Our model-based fair value for Sasol Limited is $14.14 (as of Jul 19, 2026), built from audited fundamentals. The current price is $11.07.
What is the quality score of SSL?
Sasol Limited has a Quality Score of 51/100. 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 Sasol Limited (SSL)?
Sasol Limited reported trailing-twelve-month revenue of about $249B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of SSL?
The net profit margin of Sasol Limited is about 1.0%, meaning it keeps roughly 1.0% 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.

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