South African Software Potentially Undervalued Companies

Altron

Market Cap: R7.6b

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

iOCO

Market Cap: R2.7b

Provides information and communications technology services in Africa, the United Kingdom, Europe, and the Middle East.

Karooooo

Market Cap: R1.4b

Provides a mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, the rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States.

Bytes Technology Group

Market Cap: R850.3m

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

PBT Holdings

Market Cap: R631.0m

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

Sebata Holdings

Market Cap: R94.6m

Provides software solutions in South Africa.

ISA Holdings

Market Cap: R361.9m

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