South African Strong Balance Sheet Stocks

Master Drilling Group

Market Cap: R2.6b

An investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors.

Telkom SA SOC

Market Cap: R27.9b

Operates as an integrated communications and information technology (IT) services provider in South Africa, the United States, the United Kingdom, rest of Europe, and internationally.

Kumba Iron Ore

Market Cap: R116.8b

Engages in the exploration, extraction, beneficiation, marketing, sale, and shipping of iron ore for the steel industry in South Africa.

Purple Group

Market Cap: R3.0b

A financial services and technology company, engages in trading platforms, fractional property and crypto asset investing, retirement fund administration, and asset management businesses in South Africa.

Impala Platinum Holdings

Market Cap: R246.5b

Engages in the mining, concentrating, refining, and sells of platinum group metals (PGMs) and associated base metals in South Africa, Zimbabwe, and Canada.

Oceana Group

Market Cap: R6.6b

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

Merafe Resources

Market Cap: R2.9b

Engages in the mining and beneficiation of chrome ore into ferrochrome and associated minerals.

Exxaro Resources

Market Cap: R44.6b

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

Shoprite Holdings

Market Cap: R145.1b

An investment holding company, engages in the food retail and wholesale business in South Africa and internationally.

eMedia Holdings

Market Cap: R1.4b

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

Crookes Brothers

Market Cap: R274.9m

An investment holding company, engages in the agricultural business in South Africa, Eswatini, Zambia, and Mozambique.

aReit Prop

Market Cap: R299.0m

n/a

Zeder Investments

Market Cap: R2.0b

A private equity arm of PSG Group Ltd.

Clicks Group

Market Cap: R75.8b

Operates as a health, wellness, and beauty retailer in South Africa and internationally.

Bid

Market Cap: R141.8b

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.

Astral Foods

Market Cap: R10.7b

Operates as an integrated poultry producer in South Africa and internationally.

enX Group

Market Cap: R689.2m

Engages in the diverse businesses in the general industrial sector in South Africa.

Valterra Platinum

Market Cap: R388.5b

Engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally.

Truworths International

Market Cap: R21.1b

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

Super Group

Market Cap: R5.6b

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

Randgold & Exploration

Market Cap: R70.9m

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

Deneb Investments

Market Cap: R1.1b

An investment company, distributes branded products in South Africa and internationally.

Caxton and CTP Publishers and Printers

Market Cap: R5.2b

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

MTN Zakhele Futhi (RF)

Market Cap: R24.7m

An investment company, operates as the special purpose investment vehicle to effect MTN Group’s Broad Based Black Economic Empowerment transaction.

JSE

Market Cap: R12.6b

Operates as a multi-asset class stock exchange in South Africa.

Oasis Crescent Property Fund

Market Cap: R1.6b

The Fund is a well-diversified REIT invested in South African direct property investments, high quality global listed REITs and liquid instruments.

Mr Price Group

Market Cap: R43.0b

Provides fashion-value merchandise in South Africa and internationally.

Santova

Market Cap: R868.6m

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

Wilson Bayly Holmes-Ovcon

Market Cap: R9.6b

Operates as a construction company in South Africa, rest of Africa, and the United Kingdom.

Momentum Group

Market Cap: R49.2b

Provides insurance and financial services in South Africa and internationally.

Mahube Infrastructure

Market Cap: R330.9m

GAIA Infrastructure Capital Limited is a blank check company.

CAFCA

Market Cap: R128.3m

Manufactures and supplies cables and allied products for the transmission and distribution of electrical energy and information primarily in Southern and Central Africa.

iOCO

Market Cap: R2.8b

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

Tharisa

Market Cap: R8.4b

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.

Labat Africa

Market Cap: R99.9m

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

AECI

Market Cap: R10.2b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.