South African High Return On Equity, Low Debt

OUTsurance Group

Market Cap: R107.0b

A financial services company, provides insurance and investment products in South Africa, Australia, and Ireland.

Clicks Group

Market Cap: R86.6b

Operates as a health, wellness, and beauty retailer in South Africa and internationally.

Santam

Market Cap: R41.4b

Provides various general insurance products for individuals and businesses in South Africa, rest of Africa, Southeast Asia, India, the Middle East, and internationally.

AVI

Market Cap: R30.7b

Manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics sectors in South Africa, other African countries, Europe, and internationally.

Truworths International

Market Cap: R24.8b

An investment holding and management company, engages in the retail of fashion apparel and accessories.

Sygnia

Market Cap: R3.4b

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

PBT Group

Market Cap: R550.0m

Provides specialized consulting services to finance, insurance, medical healthcare, retail, telecommunication, and other sectors in South Africa, Europe, and the United Kingdom.

ISA Holdings

Market Cap: R298.0m

An investment holding company, provides network, Internet, and information security solutions to the sub-Saharan African market.

Trencor

Market Cap: R177.0m

Operates as a cash holding company in the South Africa.