ATLASATLAS fair value
ZAR 79.27
Above fair value · 16% premium
Range: ZAR 71–ZAR 87Fair valuePrice
Firstrand (FSR.JSE)
Firstrand share price today, ATLAS forecast and fair value
Financial Services · Banks - Diversified · Johannesburg Stock Exchange · South Africa
ZAR 92.04▲ +1.02%
Prices as of Oct 27, 2026 · ZAR
Chance of rising in 1 month
53%
that it ends higher than today in 21 sessions
0%coin flip 50%100%
This is just the summary. See everything on Firstrand 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.
- NewsThe latest on the company, in one place.
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On Firstrand
- 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 Firstrand's fair value at about ZAR 79.27 per share (reasonable range: ZAR 71.35 to ZAR 87.20). At ZAR 92.04, the stock trades 16% 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 Firstrand a 53% 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 89.18 and ZAR 95.77; in 9 out of 10, between ZAR 83.72 and ZAR 102.01. Estimated annual volatility is 19%.
Price, last 12 months (weekly close)
Key numbers
- Market cap
- ZAR 498B
- Market cap (USD)
- $30.0B
- P/E ratio
- 13.3
- Dividend yield
- 0.06%
- 52-week high
- ZAR 102.88
- 52-week low
- ZAR 78.33
- Revenue (12 months)
- ZAR 133B
- Gross margin
- 98.6%
- Operating margin
- 38.9%
- Net margin
- 28.2%
- Beta
- 0.56
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. Firstrand 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 FSR.JSE has traded between ZAR 78.33 and ZAR 102.88. Today it is 10.5% below that high and 18% above its low.
On the business: net margin is 28.2%; it trades at 13.3 times earnings.
Its beta is 0.56: it tends to move less than the market.
About the company
FirstRand Limited, together with its subsidiaries, provides transactional, lending, investment and insurance products and solutions in South Africa, rest of Africa, the United Kingdom, rest of Europe, Asia, the Americas, and Australia.
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Comparable companies
Other companies in the same line of business:
Frequently asked questions
What is Firstrand (FSR.JSE) fair value?
About ZAR 79.27 per share according to ATLAS (reasonable range: ZAR 71.35 to ZAR 87.20). With the stock at ZAR 92.04, it is 16% above it.
What is the chance FSR.JSE goes up next month?
53%: close to a coin flip. In half of the simulated outcomes, FSR.JSE ends the month between ZAR 89.18 and ZAR 95.77.
How big is Firstrand and what is its P/E ratio?
Firstrand's market capitalization is ZAR 498B. Its price-to-earnings (P/E) ratio is 13.3: you pay ZAR 13.3 for each ZAR 1.00 of yearly earnings.
Does Firstrand pay a dividend?
Yes. FSR.JSE's current dividend yield is 0.06% at today's price (ZAR 92.04).
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