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FSR:JSEFirstRand Limited Analysis

Data as of 2026-09-06 - not real-time

ZAC 9,723.00

Latest Price

3/10Risk

Risk Level: Low

Executive Summary

The moving-average structure behind FirstRand Limited is bullish at ZAC 9,723.00, with short-term averages leading the long-term ones. The last 30 days have gained 3.4%. With RSI at 51.5 the momentum picture is neutral, alongside a bearish MACD signal. Price has been bracketed by support at ZAC 9,481.00 and resistance at ZAC 10,178.00.
Valuation screens as undervalued: a P/E of 12.4 sits below the sector average of 16.5. The average analyst target implies 9.4% above today's level. Revenue is growing at 9.9% on a 32.8% profit margin. The 5.33% dividend yield looks covered by current payout levels.
The composite risk read is 3/10, putting it in low territory. With 30-day volatility of 17.8%, a beta of 0.20 and a maximum drawdown of 13.4%, the drawdown profile is forgiving relative to most of the market. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
All three time horizons resolve to buy, carrying 6/10 conviction.

Market Outlook

Short Term

< 1 year
Positive
Model confidence: 6/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • Trading above the 200-day average of 9204.72
  • MACD momentum is negative

Medium Term

1–3 years
Positive
Model confidence: 6/10

Key Factors

  • Short-term moving averages stacked above long-term ones
  • P/E of 12.4 versus sector average of 16.5
  • Trading above the 200-day average of 9204.72

Long Term

> 3 years
Positive
Model confidence: 6/10

Key Factors

  • P/E of 12.4 versus sector average of 16.5
  • Analyst targets imply +9.4% versus the current price
  • Profit margin of 32.8% is healthy

Key Metrics & Analysis

Financial Health

Revenue Growth9.90%
Profit Margin32.78%
P/E Ratio12.4
ROE19.85%
ROA1.81%
P/B Ratio2.2
Op. Cash FlowZAC-106978000896
Industry P/E16.5

Technical Analysis

TrendBullish
RSI51.5
SupportZAC 9,481.00
ResistanceZAC 10,178.00
MA 20ZAC 9,722.70
MA 50ZAC 9,716.58
MA 200ZAC 9,204.72
MACDBearish
VolumeIncreasing
Fear & Greed Index95.48

Valuation

Target PriceZAC 10,641.60
Upside/Downside9.45%
GradeUndervalued
TypeValue
Dividend Yield5.33%

Risk Assessment

Beta0.20
Volatility17.75%
Sector RiskMedium
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.