Firstrand Ltd (FSR) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.188x

Based on the latest financial reports, Firstrand Ltd (FSR) has a cash flow conversion efficiency ratio of 0.188x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (ZAC42.71 Billion ≈ $22.70 Million USD) by net assets (ZAC226.94 Billion ≈ $120.61 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See FSR net asset quality index to measure how much of total assets are equity-financed.

Firstrand Ltd - Cash Flow Conversion Efficiency Trend (2004–2025)

This chart illustrates how Firstrand Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check FSR operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Firstrand Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Firstrand Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Fortis Inc TO:FTS	0.042x
Bharat Electronics Limited NSE:BEL_old	0.013x
Teck Resources Limited TO:TECK-B	0.038x
GE HealthCare Technologies Inc. NASDAQ:GEHC	0.027x
BOE Technology Group Co Ltd SHE:000725	0.068x
FANUC CORP.UNSP.ADR 1/10 F:FUCA	N/A
Gold Fields Limited F:EDG	0.048x
WUS Printed Circuit Kunshan Co Ltd SHE:002463	0.059x

Annual Cash Flow Conversion Efficiency for Firstrand Ltd (2004–2025)

The table below shows the annual cash flow conversion efficiency of Firstrand Ltd from 2004 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Firstrand Ltd.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	ZAC240.97 Billion ≈ $128.07 Million	ZAC-119.32 Billion ≈ $-63.41 Million	-0.495x	-677.12%
2024-06-30	ZAC217.80 Billion ≈ $115.75 Million	ZAC18.69 Billion ≈ $9.93 Million	0.086x	-64.91%
2023-06-30	ZAC194.92 Billion ≈ $103.59 Million	ZAC47.66 Billion ≈ $25.33 Million	0.244x	+185.20%
2022-06-30	ZAC180.71 Billion ≈ $96.04 Million	ZAC-51.85 Billion ≈ $-27.56 Million	-0.287x	+34.48%
2021-06-30	ZAC167.89 Billion ≈ $89.22 Million	ZAC-73.53 Billion ≈ $-39.07 Million	-0.438x	-266.95%
2020-06-30	ZAC151.92 Billion ≈ $80.74 Million	ZAC39.85 Billion ≈ $21.18 Million	0.262x	+390.75%
2019-06-30	ZAC144.59 Billion ≈ $76.84 Million	ZAC7.73 Billion ≈ $4.11 Million	0.053x	-76.04%
2018-06-30	ZAC130.80 Billion ≈ $69.51 Million	ZAC29.18 Billion ≈ $15.51 Million	0.223x	+199.87%
2017-06-30	ZAC117.18 Billion ≈ $62.28 Million	ZAC8.72 Billion ≈ $4.63 Million	0.074x	+205.31%
2016-06-30	ZAC108.06 Billion ≈ $57.43 Million	ZAC-7.63 Billion ≈ $-4.06 Million	-0.071x	-258.25%
2015-06-30	ZAC98.60 Billion ≈ $52.40 Million	ZAC4.40 Billion ≈ $2.34 Million	0.045x	-66.85%
2014-06-30	ZAC88.22 Billion ≈ $46.88 Million	ZAC11.88 Billion ≈ $6.31 Million	0.135x	-22.54%
2013-06-30	ZAC79.63 Billion ≈ $42.32 Million	ZAC13.84 Billion ≈ $7.36 Million	0.174x	+186.20%
2012-06-30	ZAC69.81 Billion ≈ $37.10 Million	ZAC4.24 Billion ≈ $2.25 Million	0.061x	-67.91%
2011-06-30	ZAC64.22 Billion ≈ $34.13 Million	ZAC12.15 Billion ≈ $6.46 Million	0.189x	+15.63%
2010-06-30	ZAC58.96 Billion ≈ $31.34 Million	ZAC9.65 Billion ≈ $5.13 Million	0.164x	-16.14%
2009-06-30	ZAC50.00 Billion ≈ $26.57 Million	ZAC9.76 Billion ≈ $5.19 Million	0.195x	+33.49%
2008-06-30	ZAC48.69 Billion ≈ $25.88 Million	ZAC7.12 Billion ≈ $3.78 Million	0.146x	-32.06%
2007-06-30	ZAC43.55 Billion ≈ $23.14 Million	ZAC9.37 Billion ≈ $4.98 Million	0.215x	+173.19%
2006-06-30	ZAC36.53 Billion ≈ $19.41 Million	ZAC2.88 Billion ≈ $1.53 Million	0.079x	-75.05%
2005-06-30	ZAC43.04 Billion ≈ $22.88 Million	ZAC13.59 Billion ≈ $7.22 Million	0.316x	+21534.41%
2004-06-30	ZAC20.55 Billion ≈ $10.92 Million	ZAC30.00 Million ≈ $15.94K	0.001x	--

About Firstrand Ltd

JSE:FSR South Africa Banks - Diversified

Market Cap

$29.33 Billion

ZAC55.18 Trillion ZAC

Market Cap Rank

#900 Global

#5 in South Africa

Share Price

ZAC9868.00

Change (1 day)

+1.26%

52-Week Range

ZAC7191.00 - ZAC9952.00

All Time High

ZAC9952.00