South African Potentially Undervalued Companies

Northam Platinum Holdings

Market Cap: R136.1b

Through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals.

Santam

Market Cap: R44.6b

Provides various general insurance products and services to individuals, commercial, and corporate markets in South Africa, rest of Africa, and internationally.

Exxaro Resources

Market Cap: R50.0b

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

Nampak

Market Cap: R3.8b

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

Sun International

Market Cap: R9.0b

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

Libstar Holdings

Market Cap: R2.4b

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

Mpact

Market Cap: R3.2b

Engages in the paper and plastic packaging, and recycling business in South Africa and internationally.

Tharisa

Market Cap: R7.6b

An investment holding company, engages in the mining, processing, sale, and logistics of platinum group metals (PGMs) and chrome concentrates in South Africa, China, Singapore, Hong Kong, the United Arab Emirates, and internationally.

Zeda

Market Cap: R2.4b

Provides mobility solutions in South Africa and other countries in Sub-Saharan Africa.

Motus Holdings

Market Cap: R20.8b

Provides automotive mobility solutions in South Africa, the United Kingdom, Australia, and internationally.

Harmony Gold Mining

Market Cap: R160.5b

Engages in the exploration, extraction, and processing of mineral properties in South Africa, Papua New Guinea, and Australia.

Gemfields Group

Market Cap: R2.0b

Operates as a mining company.

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.

Sappi

Market Cap: R10.3b

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

Sibanye Stillwater

Market Cap: R151.7b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

Sephaku Holdings

Market Cap: R458.3m

Operates as a construction materials company in South Africa.

Oceana Group

Market Cap: R6.7b

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

British American Tobacco

Market Cap: R98.0b

Provides tobacco and nicotine products to consumers in the United States, Europe, Latin America, Canada, the Asia-Pacific, the Middle East, Central Asia, Caucasus, and Africa.

African Media Entertainment

Market Cap: R324.4m

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

Acsion

Market Cap: R4.6b

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

Africa Bitcoin

Market Cap: R115.5m

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

Reunert

Market Cap: R10.1b

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.

Bidvest Group

Market Cap: R77.7b

An investment holding company, engages in services, trading, and distribution businesses in South Africa and internationally.

eMedia Holdings

Market Cap: R1.4b

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

Super Group

Market Cap: R5.4b

Engages in the supply chain management, mobility, dealership, and fleet management activities in South Africa, sub-Saharan Africa, Europe, and the United Kingdom.

Combined Motor Holdings

Market Cap: R2.6b

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

Bid

Market Cap: R135.7b

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.

PowerFleet

Market Cap: R417.8m

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

Caxton and CTP Publishers and Printers

Market Cap: R4.8b

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

Truworths International

Market Cap: R19.8b

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

Delta Property Fund

Market Cap: R221.4m

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

Naspers

Market Cap: R741.4b

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

Prosus

Market Cap: R109.0b

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

eMedia Holdings

Market Cap: R1.4b

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

Netcare

Market Cap: R18.9b

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

Frontier Transport Holdings

Market Cap: R1.8b

An investment holding company, operates in the transport sector in South Africa.