Zeda Ltd. (ZZD) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Zeda Ltd. ZAR 65.45, price ZAR 15.10, upside +333.4%, quality 43 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? No
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Zeda Ltd.
ZZD · JSECheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
46‑month range 6.89 ZAR – 16.06 ZAR · fair‑value band 45.82 ZAR – 85.09 ZAR · the 15.10 ZAR price screens below the 65.45 ZAR fair value. Dashed = 300-day average. As of Sep 24, 2026.
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Company profile
Zeda Limited provides mobility solutions in South Africa and other countries in Sub-Saharan Africa. It operates through the Car Rental and Leasing segments.
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Zeda Limited provides mobility solutions in South Africa and other countries in Sub-Saharan Africa. It operates through the Car Rental and Leasing segments. The Car Rental Business segment provides short-term rental and subscription solutions for individuals, business travel, corporates, and government entities under the Avis and Budget brand name; replacement vehicles for its partner insurance companies; and other complementary products, including the hire of child car seats, GPS and bike racks, and specialized insurance products. Its Leasing Business segment offers leasing services of vehicles, such as motorcycles and heavy commercial vehicles for corporates, small businesses, and government entities; complementary products, such as telematics, intelligent fuel and accident management, roadside assistance, insurance, and managed maintenance services; and service and maintenance plans. In addition, the company sells its cars from its rental and leasing businesses to retail customers and wholesalers through dealerships, wholesale outlets, online channels, and independent wholesalers. It also engages in the advertisement of its retail vehicles through Avis Car Sales and other third-party websites, as well as the sale of wholesale stock through the Avis Auction online auction trading platform and bulk deal offerings directly to the market. The company was founded in 1967 and is headquartered in Kempton Park, South Africa.
Stock analysis
Zeda Ltd. (ZZD) currently trades at 15.10 ZAR, while our model-based Fair Value estimate is 65.45 ZAR, implying the stock looks roughly 76.9% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 165.91 ZAR per share, and 14 of the 17 models we run sit above the 15.10 ZAR price.
Bear case: the Dividend Discount group reads lowest at 10.62 ZAR, and 3 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: 45.82 ZAR (bear) to 85.09 ZAR (bull), the price of 15.10 ZAR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 43/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Zeda Ltd. reported revenue of 10.6B ZAR in FY2025 versus 7.7B ZAR in FY2021, a compound +8.5%/yr. Reported net income was 672M ZAR in FY2025, compounding +16.9%/yr from FY2021.
Key figures
Market cap 2.8B ZAR (≈ $169M) · P/E ratio 4.1 · P/S ratio 0.26 · EPS (TTM) 3.72 ZAR · Dividend yield 13.6% · Net margin 6.3% · Return on equity 21.3% · Return on assets (EBIT) 10.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 46% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −12% fair-value upside, at 333%, ZZD screens cheaper than that median.
Fair Value models
All 17 models by family
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Set up alert →Quality Score breakdown
Of which business quality 39 · Market factors (momentum, volatility) 75
Revenue & earnings trend
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Compare Zeda Ltd. with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Rental & Leasing Services · 88 stocks
Valuation Multiplesvs Rental & Leasing Services median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Rental & Leasing Services stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| United Rentals, Inc URI | $1,044 | $441.48 | −58% |
| Sunbelt Rentals Holdings SUNB | $75.06 | $65.76 | −12% |
| AerCap Holdings AER | $143.93 | $208.22 | +45% |
| U-Haul Holding UHAL | $60.88 | $7.57 | −88% |
| Ryder System, Inc R | $233.93 | $151.59 | −35% |
| Element Fleet Management Corp EFN | C$23.85 | C$21.30 | −11% |
| GATX Corporation GATX | $175.86 | $129.05 | −27% |
| BOC Aviation Limited 2588 | HK$71.00 | HK$146.00 | +106% |
| EquipmentShare.com Inc EQPT | $17.35 | $3.89 | −78% |
| Bohai Leasing Co 000415 | ¥4.11 | ¥8.22 | +100% |
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Key figures of Zeda Ltd.
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