Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Firstrand's share price for the quarter that ended in Dec. 2025 was R90.5. Firstrand's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 5,566 Mil. Therefore, Firstrand's market cap for the quarter that ended in Dec. 2025 was R503,683 Mil.
Firstrand's quarterly market cap
declined
from Dec. 2024 (R428,528 Mil) to Jun. 2025 (R422,585 Mil) but then
increased
from Jun. 2025 (R422,585 Mil) to Dec. 2025 (R503,683 Mil).
Firstrand's annual market cap
increased
from Jun. 2023 (R384,051 Mil) to Jun. 2024 (R430,926 Mil) but then
declined
from Jun. 2024 (R430,926 Mil) to Jun. 2025 (R422,585 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Firstrand's Enterprise Value for Today is R398,840 Mil.
Firstrand (NAM:FST) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Firstrand Market Cap Related Terms
Firstrand Market Cap Historical Data
* Premium members only.
The historical data trend for Firstrand's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Banks - Diversified subindustry, Firstrand's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Firstrand Market Cap vs Banks Industry
For the Banks industry and Financial Services sector, Firstrand's Market Cap distribution charts can be found below:
* The bar in red indicates where Firstrand's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Firstrand's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Firstrand (NAM:FST) has a Market Cap of R553,590 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Firstrand and its competitors. According to the industry distribution chart, Firstrand ranks #86 out of 1544 companies in the Banks industry, placing it in the top 5.6%.
Is Firstrand's Market Cap too high?
Firstrand's current Market Cap is R553,590 Mil. Based on the distribution chart, Firstrand ranks #86 out of 1544 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Firstrand has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firstrand's Market Cap compare to JPM and BAC?
According to the Banks industry distribution chart, Firstrand ranks #86 out of 1544 companies for Market Cap. This places Firstrand in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 708.25. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Banks company?
The median Market Cap among Banks companies is 708.25, based on 1,544 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Firstrand and its competitors. For the Banks industry, the median Market Cap is 708.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firstrand's current Market Cap is R553,590 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firstrand stock overvalued right now?
Based on GuruFocus' analysis, Firstrand (NAM:FST) is currently considered Modestly Overvalued. The stock's GF Value™ is R84.35, compared to a current price of R96.23 — trading 14.1% above its estimated fair value. The current Market Cap is R553,590 Mil. Firstrand's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Firstrand (NAM:FST), the current Market Cap is R553,590 Mil as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Firstrand (NAM:FST) Overvalued in 2026?
Based on GuruFocus' analysis, Firstrand stock appears to be overvalued.
The current stock price of R96.23 is trading 14.1% above its estimated GF Value™ of R84.35.
GuruFocus considers Firstrand to be Modestly Overvalued.
Key valuation signals for NAM:FST:
Market Cap: R553,590 Mil
GF Value™: R84.35 vs. price of R96.23 (14.1% above fair value)
No single metric tells the full story. See the NAM:FST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Firstrand Ltd wholly owns FirstRand Bank, a full-service bank providing a comprehensive range of retail, commercial, corporate and investment banking services in South Africa and offers niche products. The bank has three divisions, which are separately branded: First National Bank (FNB), WesBank and Rand Merchant Bank (RMB). The firm's reportable segment includes Retail and commercial segment, Corporate and institutional segment, Centre (including group treasury), Firstrand Bank Normalised, and Normalised adjustments.
85GF Score
Get the complete analysis for NAM:FST
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NAM:FST has been successfully added to your 
