Stocktoria

FirstRand Limited FSR.JO

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

FirstRand Limited statistics & valuation

Market capR 553.8B
P / E12.7×
P / S3.7×
P / B2.3×
P / FCF1107.6×
Net margin29.3%
Return on equity18.3%
FCF margin0.3%
Net debtR 104.2B
Enterprise value USD$40.7B
Graham number -99.1%R 84.59

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 84.59); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
29.30% 28.40% 28.10% 29.30% 2022202320242025
Gross margin (%)
2022202320242025
Operating margin (%)
2022202320242025
Return on equity (%)
19.00% 19.30% 18.60% 18.30% 2022202320242025
Shares outstanding
5.59B 5.59B 5.59B 5.59B 2022202320242025
Net debt (R )
-R 86.63B R 148.98B R 106.86B R 104.24B 2022202320242025
Share buybacks (R )
R 0 R 4.52B R 0 R 942.0M 2022202320242025
Return on assets (%)
1.70% 1.60% 1.70% 1.70% 2022202320242025
Free cash flow margin (%)
5.30% 38.60% 8.20% 0.30% 2022202320242025
Debt / equity (×)
0.12× 1.55× 1.28× 1.19× 2022202320242025
EPS (R )
R 5.84 R 6.48 R 6.81 R 7.48 2022202320242025

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

FirstRand Limited trades at about 1324.2× earnings — above its 10-year norm (10-year range 1035.7×–1199×, median 1123.1×).

1035.7× 1324.2×

Shaded band = 10-year range (1035.7×–1199×); dot = today's 1324.2×.

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)

RatioFY2025FY2024FY2023FY2022
Net margin29.3%28.1%28.4%29.3%
FCF margin0.3%8.2%38.6%5.3%
Return on assets1.7%1.7%1.6%1.7%
Return on equity18.3%18.6%19.3%19.0%

Computed from company filings · ZA · as of 2025-06-30. Figures in ZAR. Facts plus Stocktoria's own computed scores — not investment advice.