Stocktoria

FirstRand Limited FSR.JO

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

FirstRand Limited statistics & valuation

Market capR 513.3B
P / E13.7×
P / S3.5×
P / B2.1×
P / FCF17.7×
Net margin25.3%
Return on equity15.6%
FCF margin19.6%
Net debtR 140.8B
Enterprise value USD$39.8B
Graham number -99.1%R 78.85

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

Profitability & efficiency

Net margin (%)
28.40% 28.10% 32.40% 25.30% 2023202420252026
Gross margin (%)
2023202420252026
Operating margin (%)
2023202420252026
Return on equity (%)
19.30% 18.60% 18.30% 15.60% 2023202420252026
Shares outstanding
5.56B 5.56B 5.56B 5.56B 2023202420252026
Net debt (R )
R 148.98B R 106.86B R 104.24B R 140.81B 2023202420252026
Share buybacks (R )
R 4.52B R 0 R 942.0M R 2.00B 2023202420252026
Return on assets (%)
1.60% 1.70% 1.70% 1.40% 2023202420252026
Free cash flow margin (%)
38.60% 8.20% 0.40% 19.60% 2023202420252026
Debt / equity (×)
1.55× 1.28× 1.19× 1.21× 2023202420252026
EPS (R )
R 6.48 R 6.81 R 7.48 R 6.40 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

FirstRand Limited trades at about 1442× earnings — above its 10-year norm (10-year range 1035.7×–1541.6×, median 1199×).

1035.7× 1541.6×

Shaded band = 10-year range (1035.7×–1541.6×); dot = today's 1442×.

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 margin25.3%32.4%28.1%28.4%
FCF margin19.6%0.4%8.2%38.6%
Return on assets1.4%1.7%1.7%1.6%
Return on equity15.6%18.3%18.6%19.3%

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