Stocktoria

Capitec Limited CPI.JO

ZA · Johannesburg Stock Exchange · XJSE · stock · Financial Services · website

Capitec Limited statistics & valuation

Market capR 561.1B
P / E33.3×
P / S10.8×
P / B9.4×
P / FCF31.5×
Net margin32.3%
FCF margin34.2%
Net cashR 26.0B
Enterprise value USD$33.1B
Graham number -99.7%R 1,296.12

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (R 1,296.12); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
30.80% 29.30% 31.40% 32.30% 2023202420252026
Gross margin (%)
2023202420252026
Operating margin (%)
2023202420252026
Return on equity (%)
24.10% 24.30% 27.00% 28.30% 2023202420252026
Shares outstanding
115.9M 115.9M 115.9M 115.9M 2023202420252026
Net debt (R )
-R 23.05B -R 17.23B -R 24.06B -R 26.00B 2023202420252026
Share buybacks (R )
R 123.1M R 43.2M R 34.0M R 45.5M 2023202420252026
Return on assets (%)
4.80% 5.10% 5.80% 6.40% 2023202420252026
Free cash flow margin (%)
10.40% 44.30% 53.80% 34.20% 2023202420252026
Debt / equity (×)
0.13× 0.12× 0.10× 0.06× 2023202420252026
EPS (R )
R 79.11 R 91.37 R 118.78 R 145.43 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Capitec Limited trades at about 3330.5× earnings — above its 10-year norm (10-year range 2133.3×–2834.6×, median 2612.1×).

2133.3× 3330.5×

Shaded band = 10-year range (2133.3×–2834.6×); dot = today's 3330.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Net margin32.3%31.4%29.3%30.8%
FCF margin34.2%53.8%44.3%10.4%
Return on assets6.4%5.8%5.1%4.8%
Return on equity28.3%27.0%24.3%24.1%

Computed from company filings · ZA · as of 2026-02-28. Figures in ZAR. Facts plus Stocktoria's own computed scores — not investment advice.