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.

Paper Converting

Market Cap: MU₨120.0m

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

Miwa Sugar

Market Cap: US$35.0m

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

Beau Vallon Hospitality

Market Cap: MU₨755.3m

Owns and operates hotels.

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).

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.

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.

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.