Mauritian Potentially Undervalued Companies

Velogic Holding

Market Cap: MU₨1.6b

Provides supply chain solutions in Mauritius and internationally.

New Mauritius Hotels

Market Cap: MU₨7.4b

Operates hotels in Mauritius, Europe, Morocco, and internationally.

Sun

Market Cap: MU₨7.5b

Operates in the tourism sector.

United Basalt Products

Market Cap: MU₨1.4b

Manufactures and sells building materials primarily in Mauritius, Sri Lanka, and Réunion.

Hotelest

Market Cap: MU₨757.8m

Through its subsidiary, Constance Hotels Services Limited, owns and operates a group of hotels in Mauritius, the Maldives, the Seychelles, the Rodrigues, and Madagascar.

Miwa Sugar

Market Cap: US$35.0m

Engages in growing and milling of sugarcane in Kenya and Tanzania.

Paper Converting

Market Cap: MU₨120.0m

Engages in the manufacture and sale of tissue and toilet papers in Mauritius and internationally.

Grit Real Estate Income Group

Market Cap: MU₨31.9m

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa).

Beau Vallon Hospitality

Market Cap: MU₨755.3m

Owns and operates hotels.

Lux Island Resorts

Market Cap: MU₨6.9b

Invests in and operates hotels and resorts in Mauritius, Reunion Island, and Maldives.

Automatic Systems

Market Cap: MU₨212.1m

Operates a totalisator system (Tote) of betting on horse races in Mauritius.

Grit Real Estate Income Group

Market Cap: US$31.9m

Grit Real Estate Income Group Limited is the leading Pan-African real estate company focused on investing in, developing and actively managing a diversified portfolio of assets in carefully selected African countries (excluding South Africa).

Associated Commercial

Market Cap: MU₨239.5m

Engages in the import and distribution of tyres and motor vehicle spare parts in Mauritius.

Livestock Feed

Market Cap: MU₨1.7b

Engages in processing animal feeds for animal production and aquaculture industries in Mauritius.

Stevenhills

Market Cap: MU₨1.5b

Provides football betting services in Europe, Africa, Asia, and internationally.

Phoenix Investment

Market Cap: MU₨2.5b

An investment holding company, engages in the production, bottling, and distribution of alcoholic and non-alcoholic drinks in Mauritius and internationally.

Compagnie Immobilière Limitée

Market Cap: MU₨929.2m

Operates as a real estate investment company in Mauritius.

Mauritius Secondary Industries

Market Cap: MU₨28.0m

Engages in the rental activity of commercial and industrial buildings.

Les Moulins de la Concorde Ltée

Market Cap: MU₨788.4m

Engages in the milling of wheat in Mauritius.

Constance Hotels Services

Market Cap: MU₨1.5b

An investment holding company, operates and manages hotels and resorts in Mauritius, Madagascar, the Seychelles, and the Maldives.

Tropical Paradise

Market Cap: MU₨567.2m

Operates hotels in Mauritius.

Lavastone

Market Cap: MU₨877.9m

Acquires, develops, leases, and manages a portfolio of commercial and industrial properties in Mauritius and Rodrigues Island.

Innodis

Market Cap: MU₨837.5m

Engages in the production of poultry and dairy products, poultry farming, animal feed manufacturing, and distribution and marketing of food and grocery products in Mauritius, Mozambique, and Seychelles.

ER Group

Market Cap: MU₨10.0b

Operates in agribusiness, real estate, hospitality and travel, logistics, finance, commerce and manufacturing, and technology and energy sectors.