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TeleMasters Holdings (TLM) Fair Value & Analysis

Communication Services · ZA · Market cap 73.6M ZAC

TH TeleMasters Holdings TLM · JSE
PriceR1.30
Fair ValueR0.1600
Upside-87.7%
Quality85/100
Evidence: Medium Range R0.1200 – R0.2000

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from R0.2100 to R0.1600 (−23.8%) since Jun 24, 2026.

Price vs Fair Value (12 months)

R1.97 R0.9100 Fair Value R0.1600 Jun 2025 Jun 2026

12‑month range R0.9100 – R1.97 · fair‑value band R0.1200 – R0.2000 · the R1.30 price screens above the R0.1600 fair value. As of Jun 26, 2026.

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Analysis

TeleMasters Holdings (TLM) currently trades at R1.30, while our model-based Fair Value estimate is R0.1600 — implying the stock looks roughly 87.7% overvalued today. We read business quality at 85/100 (high quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, TeleMasters Holdings generated revenue of 68.9M ZAR at a net margin of 1.0%. Revenue grew 13.6% year over year. It earns a return on equity of 2.3%. Net debt stands at 1.3M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 68.9M ZAC
Revenue growth (YoY) +13.6%
Net margin 1.0%
Return on equity 2.3%
Free cash flow 2.3M ZAC FY2025
P/E ratio 1.3
More key figures
Operating margin 4.8%
EPS (TTM) R0.0100
EPS growth (YoY) +97.2%
Net debt 1.3M ZAC FY2025

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

About the company

TeleMasters Holdings Limited, together with its subsidiaries, engages in the provision of telecommunications, internet connectivity, cloud solutions, and data storage to businesses in South Africa. It operates through ICT Managed Solutions, Data Centre Services, and Corporate segments. The company offers ICT managed solutions to medium and small enterprises through a suite of products and services focused on digital connectivity through its dual-link connectivity with cloud communications solutions, cloud solutions, and security solutions. It also built and operates a vendor and carrier neutral data center facility, which has capabilities, including rack infrastructure, physical environment, and connectivity vendor redundancy. TeleMasters Holdings Limited was incorporated in 2006 and is based in Waterfall, South Africa.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TeleMasters Holdings reported revenue of R64.5M in FY2025 versus R76.0M in FY2021, a compound −4.0%/yr. Reported net income was R528K in FY2025.

Revenue −4.0%/yr
FY21 R76.0M
FY22 R65.0M
FY23 R64.2M
FY24 R59.9M
FY25 R64.5M
Net income
FY21 −R3.9M
FY22 −R2.0M
FY23 R416K
FY24 R352K
FY25 R528K

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Similar stocks

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

Stock Price Fair Value vs Fair Value
China Mobile Limited 600941 ¥97.27 ¥68.44 -30%
SoftBank Group SFTBF $44.85 $68.21 +52%
T-Mobile US, Inc TM5 €158.74 €267.43 +68%
Verizon Communications Inc BAC €39.83 €66.07 +66%
AT&T Inc SOBA €19.54 €45.50 +133%
Deutsche Telekom AG DTE €26.12 €44.50 +70%

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Frequently asked questions

Is TeleMasters Holdings (TLM) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R0.1600 versus a price of R1.30 — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TLM?
Our 21-model fair value for TeleMasters Holdings is R0.1600 (as of Jun 26, 2026), built from audited fundamentals. The current price is R1.30.
What is the quality score of TLM?
TeleMasters Holdings has a Quality Score of 85/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TeleMasters Holdings (TLM)?
TeleMasters Holdings reported trailing-twelve-month revenue of about 68.9M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TLM?
The net profit margin of TeleMasters Holdings 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.

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