South African Potentially Undervalued Companies

Oceana Group

Market Cap: R6.5b

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

Exxaro Resources

Market Cap: R44.1b

Engages in coal, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Asia, and internationally.

Sasol

Market Cap: R68.9b

Operates as a chemical and energy company.

Libstar Holdings

Market Cap: R2.4b

Manufactures, distributes, and markets branded and private label consumer packaged goods in South Africa and internationally.

Nampak

Market Cap: R4.4b

Engages in the manufacture and sale of packaging products in South Africa and rest of Africa.

KAP

Market Cap: R4.9b

Engages in industrial, chemical, and logistics businesses in South Africa, rest of Africa, the Americas, Europe, the Middle East, and Australasia.

Sun International

Market Cap: R9.4b

Owns and operates casino, hotel, and resort properties in South Africa.

Vodacom Group

Market Cap: R271.8b

Provides communications products and services.

Aspen Pharmacare Holdings

Market Cap: R50.0b

Manufactures and markets specialty and branded pharmaceutical products in Africa, the Middle East, the Americas, Europe CIS, Australasia, and Asia.

Sasol

Market Cap: R68.9b

Operates as a chemical and energy company.

Murray & Roberts Holdings

Market Cap: R447.9m

Operates as a multinational engineering and construction company in South Africa, rest of Africa, Australasia and South East Asia, North America, and internationally.

Italtile

Market Cap: R10.7b

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

Gemfields Group

Market Cap: R2.2b

Operates as a mining company.

Sappi

Market Cap: R14.7b

Provides woodfiber-based renewable resources in Europe, North America, and South Africa.

Altron

Market Cap: R7.5b

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

eMedia Holdings

Market Cap: R1.4b

An investment holding company, operates in media sector in South Africa.

Sephaku Holdings

Market Cap: R391.6m

Operates as a construction materials company in South Africa.

Acsion

Market Cap: R3.8b

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

African Media Entertainment

Market Cap: R308.4m

Engages in radio broadcasting, media integration, and publications activities in South Africa.

Africa Bitcoin

Market Cap: R89.1m

AltVest Capital Limited, an investment holding company, provides financial services.

Delta Property Fund

Market Cap: R271.4m

Delta Property Fund Limited (“Delta” or “the Group”) is a South African domiciled Level 1 B-BBEE Real Estate Investment Trust (“REIT”).

Randgold & Exploration

Market Cap: R51.5m

An investment holding company, operates as an exploration and mining investment company in the gold mining sector in South Africa.

Prosus

Market Cap: R120.3b

Engages in the e-commerce and internet businesses in Asia, Europe, Latin America, North America, and internationally.

Naspers

Market Cap: R858.3b

Operates as a consumer internet company in Africa, Asia, Europe, and internationally.

Pick n Pay Stores

Market Cap: R18.0b

An investment holding company, engages in the retail of food, health and beauty products, general merchandise, clothing, liquor, and additional value-added-services in South Africa and Rest of Africa.

Caxton and CTP Publishers and Printers

Market Cap: R4.7b

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

PowerFleet

Market Cap: R698.6m

Provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally.

Netcare

Market Cap: R18.9b

An investment holding company, operates private hospitals in South Africa.

Combined Motor Holdings

Market Cap: R2.5b

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

Bid

Market Cap: R138.7b

Engages in the provision of foodservice solutions in the United Kingdom, Australia, the Netherlands, Italy, New Zealand, Czech Republic, Belgium, South Africa, the People’s Republic of China, Hong Kong, and internationally.

eMedia Holdings

Market Cap: R1.4b

An investment holding company, operates in media sector in South Africa.

Sea Harvest Group

Market Cap: R3.2b

Engages in the fishing and fast-moving consumer goods business in South Africa, Europe, Australia, Asia, and internationally.

Raubex Group

Market Cap: R8.1b

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

Santova

Market Cap: R906.2m

Provides logistics services in Africa, the Asia Pacific, Europe, North America, and the United Kingdom.

Bytes Technology Group

Market Cap: R856.9m

Offers software, security, AI, and cloud services in the United Kingdom, Europe, and internationally.

Labat Africa

Market Cap: R87.4m

An investment holding company, engages in the technology, logistics, and healthcare activities in South Africa.