Simply put, UEPS is absurdly cheap. On average analysts think UEPS will be at $28 over the next year (a 56% increase). Standard & Poors gives UEPS a fair value calculation of $25.90.
Net1's growth looks good. Net1 recently confirmed guidance of at least 20% constant currency fundamental EPS growth for FY 2010. Analysts also expect 18% growth over the next 5 years. However, despite this growth expectation, their PE is only 13 with a Forward PE of 8.17. With a PEG of .49 its hard to not to think Net1's stock is on sale.