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The Foschini Group (TFG) Fair Value & Analysis

Consumer Cyclical · ZA · Market cap 18.3B ZAC

TF The Foschini Group TFG · JSE
PriceR61.99
Fair ValueR222.51
Upside+258.9%
Quality95/100
Evidence: High Range R156.24 – R278.14

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 4 days ago

Share price +7.8% over the past month.

Price vs Fair Value (12 months)

R138.63 R55.83 Fair Value R222.51 Jun 2025 Jun 2026

12‑month range R55.83 – R138.63 · fair‑value band R156.24 – R278.14 · the R61.99 price screens below the R222.51 fair value. As of Jun 26, 2026.

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Analysis

The Foschini Group (TFG) currently trades at R61.99, while our model-based Fair Value estimate is R222.51 — implying the stock looks roughly 258.9% undervalued today. We read business quality at 95/100 (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: high) — always confirm before acting.

Over the trailing twelve months, The Foschini Group generated revenue of 62.4B ZAR at a net margin of 2.1%. Revenue grew 2.7% year over year. It earns a return on equity of 5.2%. Net debt stands at 20.2B ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 62.4B ZAC
Revenue growth (YoY) +2.7%
Net margin 2.1%
Return on equity 5.2%
Free cash flow 3.9B ZAC FY2025
P/E ratio 14.2
More key figures
Operating margin 7.9%
EPS (TTM) R4.09
EPS growth (YoY) -80.7%
Net debt 20.2B ZAC FY2025

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

About the company

The Foschini Group Limited, together with its subsidiaries, operates retail stores in South Africa and internationally. The company operates through TFG Africa, TFG London, and TFG Australia segments. It provides clothing, jewellery, cellphones, accessories, cosmetics, sporting apparel, and homeware and furniture. The company offers its products under the Home, American Swiss, Homelivingspace, Archive, BeautyBox, Bash, The Bed Store, Connor, Coricraft, Dial-a-Bed, Exact, Fabiani, The FIX, Foschini, Galaxy & Co., Granny Goose, G-Star RAW, Hi, JD, Hobbs, Jet, Jet Home, Johnny Bigg, Markham, Phase Eight, White Stuff, Relay Jeans, RFO, Rockwear, Sneaker Factory, Sportscene, Inside Story, Sterns, Tarocash, Totalsports, Volpes, Whistles, and YD brand names. It serves its products online. The company was formerly known as Foschini Limited and changed its name to The Foschini Group Limited in September 2010. The Foschini Group Limited was founded in 1924 and is headquartered in Cape Town, S…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

The Foschini Group reported revenue of R58.3B in FY2025 versus R33.0B in FY2021, a compound +15.3%/yr. Reported net income was R3.2B in FY2025.

Revenue +15.3%/yr
FY21 R33.0B
FY22 R43.4B
FY23 R51.8B
FY24 R56.2B
FY25 R58.3B
Net income
FY21 −R1.9B
FY22 R2.9B
FY23 R3.0B
FY24 R3.0B
FY25 R3.2B

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SM Investments Corporation SVTMF $10.15 $21.80 +115%
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Frequently asked questions

Is The Foschini Group (TFG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R222.51 versus a price of R61.99 — about +259% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TFG?
Our 21-model fair value for The Foschini Group is R222.51 (as of Jun 26, 2026), built from audited fundamentals. The current price is R61.99.
What is the quality score of TFG?
The Foschini Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of The Foschini Group (TFG)?
The Foschini Group reported trailing-twelve-month revenue of about 62.4B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TFG?
The net profit margin of The Foschini Group is about 2.1%, meaning it keeps roughly 2.1% 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.