South African Undiscovered Gems With Strong Fundamentals

City Lodge Hotels

Market Cap: R2.1b

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

Caxton and CTP Publishers and Printers

Market Cap: R4.2b

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

Spur

Market Cap: R2.6b

Operates as a restaurant franchisor in South Africa and internationally.

iOCO

Market Cap: R1.9b

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

Blue Label Telecoms

Market Cap: R6.4b

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

Stadio Holdings

Market Cap: R6.6b

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

Lewis Group

Market Cap: R3.3b

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

Novus Holdings

Market Cap: R2.1b

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

Rainbow Chicken

Market Cap: R2.7b

Operates as an integrated poultry and animal feed producer in the Republic of South Africa.

RCL Foods

Market Cap: R8.6b

Operates as a food manufacturer in South Africa.

Sabvest Capital

Market Cap: R3.6b

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: R4.9b

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

Reunert

Market Cap: R8.7b

Operates in the fields of electrical engineering, information communication technologies (ICT), and applied electronics in South Africa, rest of Africa, the United States, Australia, Asia, and Europe.

Oceana Group

Market Cap: R7.3b

Operates as a fishing and food processing company in South Africa, Namibia, rest of Africa, North America, Europe, the Far East, and internationally.

PSG Financial Services

Market Cap: R22.4b

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

Southern Sun

Market Cap: R10.3b

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

ADvTECH

Market Cap: R16.7b

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

Altron

Market Cap: R7.6b

Provides information and communication technology solutions in South Africa, rest of Africa, Europe, and internationally.

Combined Motor Holdings

Market Cap: R2.1b

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

Wilson Bayly Holmes-Ovcon

Market Cap: R9.5b

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

JSE

Market Cap: R9.7b

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

Raubex Group

Market Cap: R7.7b

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

RFG Holdings

Market Cap: R4.7b

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

Italtile

Market Cap: R11.7b

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

Omnia Holdings

Market Cap: R10.7b

Researches, develops, manufactures, and supplies chemicals, specialised services, and solutions for the agriculture, mining, and chemical application industries in South Africa, rest of Africa, and internationally.

Datatec

Market Cap: R12.8b

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

Premier Group

Market Cap: R16.2b

Operates as a consumer-packaged goods company in South Africa and internationally.