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TSG (TSG) Fair Value & Analysis

Consumer Cyclical · Market cap 7.5B ZAC

T TSG TSG · JSE
PriceR7.67
Fair ValueR28.09
Upside+266.2%
Quality65/100
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Evidence: High Range R15.47 – R36.70

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 6 days ago

Share price +0.3% over the past month.

Price vs Fair Value (12 months)

R7.85 R5.99 Fair Value R28.09 Jul 2025 Jul 2026

12‑month range R5.99 – R7.85 · fair‑value band R15.47 – R36.70 · the R7.67 price screens below the R28.09 fair value. As of Jun 26, 2026.

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Analysis

TSG (TSG) currently trades at R7.67, while our model-based Fair Value estimate is R28.09 — implying the stock looks roughly 266.2% undervalued today. We read business quality at 65/100 (solid 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, TSG generated revenue of 11.1B ZAR at a net margin of 11.6%. Revenue declined 0.6% year over year. It earns a return on equity of 24.5%. Net debt stands at 6.4B ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 11.1B ZAC
Revenue growth (YoY) -0.6%
Net margin 11.6%
Return on equity 24.5%
Free cash flow 1.6B ZAC FY2026
P/E ratio 6.1
More key figures
Operating margin 25.4%
EPS (TTM) R1.26
Dividend yield 0.1%
EPS growth (YoY) +23.1%
Net debt 6.4B ZAC FY2026

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

TSG reported revenue of R10.8B in FY2026 versus R8.7B in FY2022, a compound +5.8%/yr. Reported net income was R1.3B in FY2026, compounding −2.0%/yr from FY2022.

Revenue +5.8%/yr
FY22 R8.7B
FY23 R11.1B
FY24 R11.3B
FY25 R10.9B
FY26 R10.8B
Net income −2.0%/yr
FY22 R1.4B
FY23 R1.7B
FY24 R1.5B
FY25 R1.2B
FY26 R1.3B

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

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MGM Resorts International, through its subsidiaries, MGM $47.51 $19.19 -60%
Wynn Resorts, Limited WYNN $104.48 $5.26 -95%

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Frequently asked questions

Is TSG (TSG) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R28.09 versus a price of R7.67 — about +266% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TSG?
Our model-based fair value for TSG is R28.09 (as of Jun 26, 2026), built from audited fundamentals. The current price is R7.67.
What is the quality score of TSG?
TSG has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TSG (TSG)?
TSG reported trailing-twelve-month revenue of about 11.1B ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TSG?
The net profit margin of TSG is about 11.6%, meaning it keeps roughly 11.6% of revenue as net income. Based on the latest reported figures.
Does TSG pay a dividend?
TSG currently shows a dividend yield of about 0.06% relative to its recent price (as of Jun 26, 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.

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