ATLASATLAS fair value
ZAR 228.60
Above fair value · 20% premium
Range: ZAR 206–ZAR 251Fair valuePrice
Discovery (DSY.JSE)
Discovery share price today, ATLAS forecast and fair value
Financial Services · Insurance - Life · Johannesburg Stock Exchange · South Africa
ZAR 274.65▲ +0.20%
Prices as of Oct 27, 2026 · ZAR
Chance of rising in 1 month
52%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Discovery in ATLAS
ATLAS's own quantitative analysis, all in one place.
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
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See everything included
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
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On Discovery
- Simulation and expected rangeThousands of simulated scenarios: how far the price could rise or fall.
- Officers and shareholdersWho runs the company and which funds hold its shares.
- Customer and supplier mapWho it does business with, from its own filings.
- Valuation and financialsFair value step by step, quarterly accounts and upcoming events.
- NewsThe latest on the company, in one place.
And for you
- ATLAS builds your portfolioAnswer a short test and get portfolios that fit you.
- AlertsWe let you know when something changes in your stocks.
- Crisis simulatorHow your portfolio would do in a crash like 2008.
- Practice risk-free$10,000 in virtual money to invest at real prices.
- Global screenerSearch US stocks and stocks from 47 countries with filters.
Plans from €3.99 a month.
ATLAS estimates Discovery's fair value at about ZAR 228.60 per share (reasonable range: ZAR 205.74 to ZAR 251.46). At ZAR 274.65, the stock trades 20% above it.
It is calculated with valuation multiples of comparable companies. Confidence in the estimate is medium. It is an estimate, not a promise: if the company's results change, so does its fair value.
ATLAS's model gives Discovery a 52% chance of finishing higher a month from now (21 trading sessions) than today: close to a coin flip.
In half of the simulated outcomes the price ends between ZAR 264.14 and ZAR 287.47; in 9 out of 10, between ZAR 245.05 and ZAR 309.87. Estimated annual volatility is 25%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- ZAR 179B
- Market cap (USD)
- $10.8B
- P/E ratio
- 14.1
- Dividend yield
- 0.01%
- 52-week high
- ZAR 291.17
- 52-week low
- ZAR 214.34
- Revenue (12 months)
- ZAR 83.4B
- Gross margin
- 51.7%
- Operating margin
- 25.9%
- Net margin
- 15.9%
- Beta
- 0.59
What this means
These are two different questions: fair value looks at the business (what it is worth given what it earns) and the odds look at the price over the next month. Discovery sits above fair value and its odds of rising over a month are close to a coin flip. An expensive stock can keep climbing and a cheap one can keep falling, which is why ATLAS shows the two readings separately.
Over the last 52 weeks DSY.JSE has traded between ZAR 214.34 and ZAR 291.17. Today it is 5.7% below that high and 28% above its low.
On the business: net margin is 15.9%; it trades at 14.1 times earnings.
Its beta is 0.59: it tends to move less than the market.
About the company
Discovery Limited provides various insurance products and services primarily in South Africa and the United Kingdom. It operates through the SA Health, SA Life, SA Invest, SA Insure, SA Bank, UK Health, UK Life, and All Other segments.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Discovery (DSY.JSE) fair value?
About ZAR 228.60 per share according to ATLAS (reasonable range: ZAR 205.74 to ZAR 251.46). With the stock at ZAR 274.65, it is 20% above it.
What is the chance DSY.JSE goes up next month?
52%: close to a coin flip. In half of the simulated outcomes, DSY.JSE ends the month between ZAR 264.14 and ZAR 287.47.
How big is Discovery and what is its P/E ratio?
Discovery's market capitalization is ZAR 179B. Its price-to-earnings (P/E) ratio is 14.1: you pay ZAR 14.1 for each ZAR 1.00 of yearly earnings.
Does Discovery pay a dividend?
Yes. DSY.JSE's current dividend yield is 0.01% at today's price (ZAR 274.65).
Not investment advice. ATLAS estimates are produced by statistical models from public data; they can be wrong and past performance does not predict future results. Consider your own situation before investing. Disclaimer