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← CockpitCompetitor Analysis › LSAK Lesaka Technologies, Inc.Open in the cockpit ↗

Lesaka Technologies, Inc.LSAKCompetitor analysis, valuation and peers

United States · USD·Information Technology›Packaged Software
Momentum laggard 15
Mkt cap
$302M
US dollars, full cap
Free float
73%
of shares outstanding
$/day
$940,972
20-day average traded
Fwd P/E
7.2×
forward earnings
ROIC−WACC
-3.2 pp
WACC 5.9%
Hurdle
-31 pp
Req g minus delivered
Next earnings
96 days
10 Feb 2027
Close · USD$3.52
1D-1.4%
1W-11.8%
1M-25.4%
3M-24.9%
6M-27.6%
YTD-26.2%
1Y-16.2%
ATR %6.3%
Beta0.93
52w lowhigh36.5% off high

What Lesaka Technologies does

Employees: 3,861

Lesaka Technologies at a glance

Size Lesaka Technologies (LSAK) is a United States Information Technology company (Packaged Software) with a market value of $302M, the 3113th largest of 3,117 United States companies the cockpit tracks. Shares closed at $3.52 on 6 Nov 2026.

Performance Over six months the shares fell 27.6%, against -14.2% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 19 in its peer set.

Growth Revenue grew 9.4% over the last twelve months (peer median +12.3%); the operating margin is 2.6% (peer median 10.3%).

Valuation It trades at 7.2× forward earnings against a peer median of 17.7× (4th cheapest of 13).

Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +41%, so the hurdle is -31 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 3.2 points below its cost of capital (5.9% WACC).

Short interest Short interest is 0.4% of the free float (15 Oct 2026).

Next results Next results expected around 10 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 86LSAK 71
Six months, rebased to 100: Lesaka Technologies against the median of its 20 peers (local-currency closes).

Lesaka Technologies financials

Reported figures in USD; fiscal year ends 2026-06-30. TTM = trailing twelve months.
TTMFY2026FY2025FY2024FY2023
Revenue$722M$722M$660M$564M$528M
Revenue growth—+9%+17%+7%—
Gross profit$184M$183M$139M$97.9M$86.7M
EBITDA$66.2M$66.0M$40.8M$29.8M$15.4M
Net income$3.00M$2.67M-$87.9M-$16.7M-$33.4M
Free cash flow$32.6M$31.8M-$26.3M$16.1M-$15.7M
Capital expenditure$25.7M$25.0M$21.1M$13.0M$16.6M
Total debt$255M$255M$235M$167M$170M

Quarterly statements and history in the cockpit →

Lesaka Technologies competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%0%+50%688619NET300020EGHTEH4258CER2660SF247AEMUDHRA3932ALBFRCBRAIN36686880813763000797LSAK6-month return →1-month return →
Up and to the right = strong over both horizons. Lesaka Technologies is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×NETEGHT4258CERSF247AEMUDHRA3932ALBFRCBRAIN3668376300LSAKRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Lesaka Technologies is the large dot.

Capital: growth delivered against growth the price implies

-40%-20%0%+20%+40%-25%0%25%50%688619NET300020EGHT4258CERSF3932ALBFR376300LSAKGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Lesaka Technologies is the large dot.

Lesaka Technologies competitors and peer comparison

How Lesaka Technologies compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Lesaka Technologies against its 20 peers (data as of 6 Nov 2026)
MeasureLSAKPeer medianRank in peer set
1-month return-25.4%-1.6%4th lowest of 20
6-month return-27.6%-14.2%8th lowest of 19
Distance from 52-week high-36.5%-38.5%10th highest of 20
Revenue growth (TTM)+9.4%+12.3%10th lowest of 21
Operating margin2.6%10.3%6th lowest of 21
Forward P/E7.2×17.7×4th cheapest of 13
Growth the price implies (Req g, 7 yrs)10.1%11.6%6th least demanding of 12
Growth delivered (Del g)+40.7%+15.9%2nd highest of 12
Hurdle (Req g minus delivered)-30.6 pp-4.3 pp2nd least demanding of 12
ROIC minus cost of capital-3.2 pp-0.5 pp7th lowest of 19
EV / EBITDA8.4×19.0×3rd cheapest of 13
Net debt / EBITDA2.6×-0.4×5th most indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Lesaka Technologies LSAKUnited States$302M-28%+9%3%7.2×10.1%+40.7%
Ropeok Technology 688619.SSChina$302M-32%-17%-144%n/a41.8%-24.4%
Netcall NET.LUnited Kingdom$304M+7%+20%10%25.6×9.3%+16.3%
Enjoyor Technology 300020.SZChina$299M-14%-23%-1,427%n/a20.3%-39.4%
8x8 EGHTUnited States$308M-22%+4%4%5.9×12.4%+6.7%
EHang Holdings Ltd. Sponsored ADR EHUnited States$309M-61%-3%-86%n/an/an/a
AMIYA 4258.TJapan$294M+83%+25%18%49.6×23.9%+20.7%
Cerillion CER.LUnited Kingdom$314M-41%+1%39%16.4×1.4%+16.9%
Zengame Technology 2660.HKHong Kong$318M-15%+19%24%n/an/an/a
Stillfront SF.STSweden$320M+9%-12%16%4.2×-15.4%+7.4%
Ai Robotics 247A.TJapan$283M-48%+123%9%8.6×n/an/a
eMudhra EMUDHRA.NSIndia$324M-31%+30%18%22.3×n/an/a
Akatsuki 3932.TJapan$327M+29%+31%34%6.3×-13.6%-3.6%
Sidetrade ALBFR.PAFrance$327M+24%+13%5%30.6×33.9%+16.1%
toggle 652A.TJapan$331Mn/a+25%9%n/an/an/a
cBrain A/S CBRAIN.CODenmark$332M+84%-1%24%39.7×11.6%+15.9%
Reconova Technologies 7656.HKHong Kong$336Mn/a+12%-15%n/an/an/a
COLOPL 3668.TJapan$337M-4%-13%10%18.9×n/an/a
Wuhan Xingtu Xinke Electronics 688081.SSChina$337M-59%-13%-49%n/an/an/a
DEAR U 376300.KSSouth Korea$338M-40%+20%22%15.0×5.1%+45.1%
7Road 0797.HKHong Kong$338M+83%+71%27%n/an/an/a

Questions

Which companies are Lesaka Technologies's closest peers?
The cockpit's peer set: Ropeok Technology (688619.SS), Netcall (NET.L), Enjoyor Technology (300020.SZ), 8x8 (EGHT), EHang Holdings Ltd. Sponsored ADR (EH), AMIYA (4258.T), Cerillion (CER.L), Zengame Technology (2660.HK).
Is Lesaka Technologies expensive compared with its peers?
On forward p/e it trades at 7.2× against a peer median of 17.7×, 4th cheapest of 13 in its peer set. For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +41%, so the hurdle is -31 pp: the price already allows for a slowdown.
How has Lesaka Technologies stock performed?
Over six months to 6 Nov 2026 the shares returned -27.6% against -14.2% for the median peer; over one year -16.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.