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Verdict
Quantitative factor alignment verified for current market regime.
Quant Score
Rank
#2453
Positioning
Market Dominance
Finance, Insurance, And Real Estate
Banking
$347M
Christopher Guy Butt Meyer
Net 1 UEPS Technologies, Inc. provides fintech products and services to unbanked and underbanked individuals and small businesses. The company operates through three segments: Processing, Financial services, and Technology. The Technology segment sells hardware, SIM cards, and other consumables.
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X-AXIS: EV/EBITDA (LOWER = CHEAPER) | Y-AXIS: ROE (HIGHER = ELITE) | RED CIRCLE = LSAK ANALYSIS TARGET
| Stock | Rating | Score▼ | Quality | Value | Momentum | P/E | EV/EBITDA | ROE | ROA | Gross Mgn | Op Mgn | Net Mgn | Rev Growth | Div Yield | D/E | Mkt Cap | AUDIT |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
$SII SPROTT INC. | 75 | 91 | 87 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PUK PRUDENTIAL PLC | 73 | 88 | 97 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$NMR NOMURA HOLDINGS INC | 72 | 81 | 92 | 87 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PSLV Sprott Physical Silver Trust | 69 | 82 | 80 | 98 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$UFCS UNITED FIRE GROUP INC | 68 | 81 | 93 | 76 | 5.0x | 3.5x | 13.2% | 4.1% | 99.9% | 14.7% | 11.1% | 9.2% | 2.1% | 16.0x | $775M | VS | |
$SLF SUN LIFE FINANCIAL INC | 68 | 83 | 95 | 63 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$CBOE Cboe Global Markets, Inc. | 68 | 75 | 63 | 77 | 21.3x | 15.7x | 24.0% | 13.7% | 41.7% | 32.4% | 26.4% | 8.2% | 1.1% | 30.0x | $25.7B | VS | |
$VTMX Vesta Real Estate Corporation, S.A.B. de C.V. | 67 | 69 | 77 | 80 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$PHYS Sprott Physical Gold Trust | 67 | 64 | 82 | 91 | - | - | - | - | - | - | - | - | - | - | $0 | VS | |
$GLDM World Gold Trust | 66 | 54 | 85 | 92 | 11.3x | 11.3x | - | 20.9% | 100.0% | 97.1% | 554.8% | -19.0% | 0.0% | - | $32.0B | VS | |
$LSAK LESAKA TECHNOLOGIES INC | 47 | 54 | 43 | 43 | 111.3x | 12.8x | -29.3% | -7.8% | 31.5% | 0.6% | -9.7% | 22.8% | 0.0% | 116.0x | $347M | ||
| SECTOR BENCH | - | - | - | - | - | 11.9x | 7.8x | 9.0% | 1.3% | 77.7% | 18.1% | 21.9% | 10.7% | 2.0% | 0.5x | - | REF |
LESAKA TECHNOLOGIES INC (LSAK) receives a "Reduce" rating with a composite score of 47.2/100. It ranks #2453 out of 7,333 stocks in our coverage universe and carries a 2-star rating. Ratings are driven by a 6-factor quantitative model measuring quality, value, momentum, investment, stability, and short interest.
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In-line with peers — no strong momentum signal
Fair valuation relative to peers
Average quality profile
Average volatility — neutral timing signal
Aggressive spending — empire-building risk, dilutive growth
Mid-range overall rating
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Relative valuation derived from Finance, Insurance, And Real Estate sector benchmarks. Model weights: EV/EBITDA (40%), P/B (35%), P/S (25%). Re-calculated daily.
Projection based on user-defined inputs. Re-calculated daily against current market data.
Reverse DCF Framework — Mauboussin Methodology
Institutional-grade Reverse DCF analysis. This model identifies the growth hurdles embedded in current market prices. When implied growth is significantly lower than historical or projected rates, a margin of safety may exist. Re-audited daily.
No analyst ratings for LSAK.
View All Ratings| Factor | Global | Sector | Tilt |
|---|---|---|---|
| PROFITABILITY | 54 | 81 | -27DRAG |
| MOMENTUM | 43 | 42 | +1NEUTRAL |
| VALUATION | 43 | 48 | -5NEUTRAL |
| INVESTMENT | 31 | 42 | -11DRAG |
| STABILITY | 42 | 37 | +5NEUTRAL |
| SHORT INT | 32 | 23 | +9ALPHA |
Global = full universe. Sector = relative to industry peers. Positive tilt indicates idiosyncratic strength.
ROE proxy -29.3% (sector 9.0%)
GM 32% vs sector 78%, OM 1% vs sector 18%
Capital turnover N/A
Rev growth 23%, 11yr history
Interest coverage N/A
Composite assessment of profitability, capital efficiency, and financial strength. Top-tier entities demonstrate sustainable cash flow generation and elite competitive moats.
Profit generated per dollar of shareholder equity
Efficiency of asset utilization
Pricing power and cost efficiency
Core business profitability
Bottom-line profitability
The Quality factor evaluates the persistence and magnitude of realized cash flows. Companies with scores >70 exhibit superior pricing power and structural financial resilience through diverse economic regimes.
Our uncertainty rating tracks the predictability of future cash flows and potential for permanent capital loss. Moderate visibility with standard industry cyclicality.
We rate LESAKA TECHNOLOGIES INC (LSAK) as a Reduce with a composite score of 47.2/100 at a current price of $4.50. The quantitative profile shows weakness across multiple dimensions, suggesting limited upside potential.
LESAKA TECHNOLOGIES INC holds a top-quartile position (#0 of 50) within the Finance, Insurance, And Real Estate sector, based on our composite quantitative scoring across quality, value, momentum, and stability factors. The composite score of 47.2/100 places it at rank #2453 in our full universe.
No Moat
High
Poor
Fair Value
Stable competitive position in a defensive sector.
Elevated P/E ratio of 111.3x leaves little room for execution misses.
Leverage of 116% D/E amplifies downside risk.
Vulnerability to macroeconomic shocks and interest rate volatility.
LESAKA TECHNOLOGIES INC represents a reduce based on multi-factor quantitative performance.
LESAKA TECHNOLOGIES INC receives a Reduce rating from our analysis, with a composite score of 47.2/100 and 2 out of 5 stars, ranking #2453 out of 7,333 stocks. LSAK's factor profile shows weakness across multiple dimensions, suggesting the stock may underperform going forward. Existing holders may want to consider trimming positions or tightening stop-losses.
With a quality score of 54/100, LSAK shows adequate but unremarkable business quality. The company reports a return on equity of -29.3% (sector avg: 9.0%), gross margins of 31.5% (sector avg: 77.7%), net margins of -9.7% (sector avg: 21.9%). This suggests the company generates acceptable returns but may lack the competitive positioning or operational efficiency to stand out from peers.
With a value score of 43/100, LSAK appears somewhat expensive relative to its fundamentals. Key valuation metrics include a P/E ratio of 111.25x, an EV/EBITDA of 12.85x, a P/B ratio of 2.06x. Investors paying a premium here are likely betting on above-average growth or margin expansion to justify current prices.
LESAKA TECHNOLOGIES INC's investment score of 31/100 suggests limited reinvestment activity. Key growth metrics include revenue growth of 22.8% vs. a sector average of 10.7% and a return on assets of -7.8% (sector: 1.3%). While this can be positive for mature, cash-generative businesses returning capital to shareholders, it may also signal a lack of growth opportunities or management conservatism.
LSAK is currently showing below-average momentum at 43/100, which may indicate weakening institutional interest or negative sentiment shifts. Revenue growth stands at 22.8% year-over-year, while a beta of 0.24 reflects its sensitivity to broader market moves. Investors should note that declining momentum can precede further price weakness, though contrarian opportunities sometimes emerge at these levels.
LSAK's stability score of 42/100 signals elevated volatility and/or leverage concerns. Key stability metrics include a beta of 0.24 and a debt-to-equity ratio of 116.00x (sector avg: 0.5x). Investors should be prepared for wider-than-average price swings and consider position sizing accordingly to manage portfolio risk.
LESAKA TECHNOLOGIES INC's short interest score of 32/100 reveals significant bearish positioning, suggesting institutional investors are actively betting against the stock. Specific risk factors include elevated leverage (D/E: 116.00x), small-cap liquidity risk. At $347M (small-cap), LSAK carries meaningful risk and is best suited for investors with high risk tolerance who have thoroughly evaluated the bear thesis.
LESAKA TECHNOLOGIES INC is a small-cap company in the Finance, Insurance, And Real Estate sector, ranked #0 of 50 in its sector (100th percentile) and #2453 of 7,333 overall (67th percentile). Key comparisons include ROE of -29.3% trailing the 9.0% sector median and operating margins of 0.6% below the 18.1% sector average. This top-quartile standing reflects exceptional competitive strength relative to Finance, Insurance, And Real Estate peers.
While LSAK currently exhibits a REDUCE profile, superior opportunities exist within the FINANCE, INSURANCE, AND REAL ESTATE sector. Our model identifies several "Strong Buy" candidates with higher quality scores and more attractive valuations among direct industry competitors.
View Top Finance, Insurance, And Real Estate Alpha →Quant Factor Profile
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Improvement in Investment (31) would have the largest impact on the composite score.
EV/EBITDA 65% ABOVE SECTOR MEDIAN
ROE 425% BELOW SECTOR MEDIAN
Gross Margin 59% BELOW SECTOR MEDIAN
Above 50MA
37.18%
Net New Highs
+51081
Unknown Attendee: Welcome to Lesaka Technologies
Lesaka Technologies (NasdaqGS:LSAK) has reported Q2 2026 results that keep the focus firmly on revenue scale and ongoing losses, with quarterly revenue at US$171.4 million and EPS at a loss of US$0.05, while trailing 12 month figures show revenue of US$677.6 million and a net loss of US$84.3 million, or EPS of US$1.08 in losses. Over recent quarters, the company has seen revenue move from US$146.0 million in Q4 2024 to US$153.6 million in Q1 2025, US$146.8 million in Q2 2025, US$135.7 million...
Key Insights Significant control over Lesaka Technologies by retail investors implies that the general public has more...
Lesaka (LSAK) Q2 2026 earnings call recap: Bank Zero approval, One Lesaka rebrand, revenue/EBITDA surge, guidance & risks.
Lesaka Technologies reported strong Q4 2025 financial performance, with adjusted earnings per share doubling to ZAR 2.29, driven by strategic acquisitions and robust consumer segment growth. The company completed key acquisitions in payments processing and aims to expand market share in underbanked segments.