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Zeder Investments Ltd (ZED) Fair Value & Analysis

Financial Services · ZA · Market cap 1.8B ZAC

ZI Zeder Investments Ltd ZED · JSE
PriceR1.11
Fair ValueR2.22
Upside+100.0%
Quality97/100
Evidence: Medium Range R1.23 – R3.05

Fair value as of: Jun 26, 2026

From 11 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from R1.92 to R2.22 (+15.6%) since Jun 24, 2026. Share price −9.5% over the past month.

Price vs Fair Value (12 months)

R1.36 R1.03 Fair Value R2.22 Jun 2025 Jun 2026

12‑month range R1.03 – R1.36 · fair‑value band R1.23 – R3.05 · the R1.11 price screens below the R2.22 fair value. As of Jun 26, 2026.

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Analysis

Zeder Investments Ltd (ZED) currently trades at R1.11, while our model-based Fair Value estimate is R2.22 — implying the stock looks roughly 100.0% undervalued today. We read business quality at 97/100 (high 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: medium) — always confirm before acting.

Trailing-twelve-month revenue stands at 15.0M ZAR. Revenue grew 15.2% year over year. It earns a return on equity of -1.1%. The balance sheet holds a net cash position of 231M ZAR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 15.0M ZAC
Revenue growth (YoY) +15.2%
Return on equity -1.1%
Free cash flow 71.0M ZAC FY2026
Operating margin -253%
EPS (TTM) R-0.0200
More key figures
EPS growth (YoY) -93.4%
Net cash 231M ZAC FY2026

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

About the company

Zeder Investments Ltd. is a private equity arm of PSG Group Ltd. specializing in middle market investments in PIPEs transactions. The firm seeks to invest in unlisted securities of agricultural, food, beverages, grain, and related industries with a focus on agribusiness industry. It seeks to make investments in South Africa and neighbouring countries. It invests between ZAR20 million ($2.74 million) and ZAR500 million($49.48 million) in companies with an enterprise value between ZAR50 million ($4.95 million) and ZAR10000 million ($989.55 million), revenues between ZAR500 million ($49.48 million) and ZAR30000 million ($2968.65 million), and EBITDA between ZAR10 million ($0.99 million) and ZAR2000 million ($197.91 million). The firm sources its capital through equity capital raised through the issuing of share to public shareholders. It invests through its personal capital. Zeder Investments Ltd. was founded in 2006 and is based in Stellenbosch, South Africa.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Zeder Investments Ltd reported revenue of R15.0M in FY2026 versus R50.0M in FY2022, a compound −26.0%/yr. Reported net income was −R421M in FY2026.

Revenue −26.0%/yr
FY22 R50.0M
FY23 R2.0M
FY24 R7.0M
FY25 R51.0M
FY26 R15.0M
Net income
FY22 R801M
FY23 −R187M
FY24 R12.0M
FY25 −R154M
FY26 −R421M

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Frequently asked questions

Is Zeder Investments Ltd (ZED) undervalued?
As of Jun 26, 2026, our model estimates a fair value of R2.22 versus a price of R1.11 — about +100% (undervalued). Model-based estimate, not financial advice.
What is the fair value of ZED?
Our 21-model fair value for Zeder Investments Ltd is R2.22 (as of Jun 26, 2026), built from audited fundamentals. The current price is R1.11.
What is the quality score of ZED?
Zeder Investments Ltd has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Zeder Investments Ltd (ZED)?
Zeder Investments Ltd reported trailing-twelve-month revenue of about 15.0M ZAR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of ZED?
The net profit margin of Zeder Investments Ltd is about 0.0%, meaning it keeps roughly 0.0% 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.