South African Undiscovered Gems With Strong Fundamentals

Purple Group

Market Cap: R2.2b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Acsion

Market Cap: R2.5b

Engages in property holding and development activities in South Africa and internationally.

Famous Brands

Market Cap: R6.2b

Through its subsidiaries, operates as a quick service and casual dining restaurant franchisor in the United Kingdom, South Africa, South African Development Community, Middle East, and Rest of Africa.

City Lodge Hotels

Market Cap: R2.2b

Engages in the operation of hotels for business and leisure travelers in South Africa, Botswana, Mozambique, and Namibia.

Frontier Transport Holdings

Market Cap: R1.9b

An investment holding company, operates in the transport sector in South Africa.

Caxton and CTP Publishers and Printers

Market Cap: R4.0b

Caxton and CTP Publishers and Printers Limited publishes and prints newspapers and magazines in South Africa.

Blue Label Telecoms

Market Cap: R12.5b

Provides prepaid products and distributes virtual electronic merchandise in South Africa and internationally.

Sygnia

Market Cap: R4.6b

A financial services group, provides investment management and administration services to institutional and retail clients primarily in South Africa.

Alexander Forbes Group Holdings

Market Cap: R10.7b

A financial services company, provides a range of employee benefits, retirement and healthcare consulting, investments, and wealth management solutions to corporate clients and individuals.

iOCO

Market Cap: R2.6b

Provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East.

Spur

Market Cap: R2.8b

Operates as a restaurant franchisor in South Africa and internationally.

Coronation Fund Managers

Market Cap: R15.4b

A publicly owned investment manager.

RCL Foods

Market Cap: R9.7b

Operates as a food manufacturer in South Africa.

Stadio Holdings

Market Cap: R7.6b

Through its subsidiaries, provides higher education programs in South Africa and Namibia.

Novus Holdings

Market Cap: R2.2b

Engages in the printing production and manufacturing operations in South Africa.

Rainbow Chicken

Market Cap: R3.6b

Operates as an integrated chicken/broiler producer in the Republic of South Africa.

Lewis Group

Market Cap: R3.9b

Engages in the retail of household furniture, home appliances, electronic goods, and homewares in South Africa, Botswana, Lesotho, Eswatini, and Namibia.

Hosken Consolidated Investments

Market Cap: R11.4b

An investment holding company, operates in hotel and leisure, interactive gaming, media and broadcasting, transport, and mining and properties businesses in South Africa and internationally.

Capital Appreciation

Market Cap: R2.0b

Operates as a financial technology company in South Africa, the Asia Pacific, the United States, the United Kingdom, Europe, the rest of Africa, and the Indian Ocean Islands.

Sabvest Capital

Market Cap: R3.7b

A private equity and venture capital firm specializing in early venture, mid venture, late venture, emerging growth, growth capital, special situation and management buyouts.

Clientèle

Market Cap: R5.8b

Through its subsidiaries, provides financial products and services in South Africa.

Southern Sun

Market Cap: R12.1b

Owns, leases, and manages hotels in South Africa, Mozambique, the Seychelles, Tanzania, the United Arab Emirates, and Zambia.

PSG Financial Services

Market Cap: R27.3b

Provides various financial services and products in South Africa and Namibia.

ADvTECH

Market Cap: R17.9b

Provides education, training, and staff placement services in South Africa and other African countries.

Invicta Holdings

Market Cap: R3.2b

An investment holding company, engages in the distribution of engineering components and consumables in South Africa, the Rest of Africa, Europe, and Asia.

PPC

Market Cap: R7.9b

Engages in the production and sale of cement, aggregates, ready mix concrete, and fly ash in South Africa, Botswana, and Zimbabwe.

Altron

Market Cap: R8.4b

Engages in information communication and technology business in South Africa, rest of Africa, Europe, and internationally.

Combined Motor Holdings

Market Cap: R2.3b

An investment holding company, engages in the motor retail and distribution business in South Africa.

Wilson Bayly Holmes-Ovcon

Market Cap: R9.4b

Operates as a construction company in South Africa, rest of Africa, and the United Kingdom.

Raubex Group

Market Cap: R8.1b

Engages in the infrastructure development and construction materials business in South Africa, Australia, rest of Africa, and internationally.

JSE

Market Cap: R10.7b

Operates as a multi-asset class stock exchange in South Africa.

Italtile

Market Cap: R11.9b

Manufactures, retails, and franchises tiles, bathroom ware, and related home-finishing products in South Africa, rest of Africa, and Australia.

We Buy Cars Holdings

Market Cap: R25.1b

Engages in buying, distributing, and retailing pre-owned motor vehicles through their website in South Africa.

Hudaco Industries

Market Cap: R5.5b

Imports and distributes automotive, industrial, and electrical consumable products in South Africa and internationally.

Datatec

Market Cap: R15.1b

Provides information and communication technology (ICT) solutions and services worldwide.

RFG Holdings

Market Cap: R4.3b

Manufactures and markets convenience meal solutions in South Africa, the Kingdom of Eswatini, and internationally.