South African Strong Balance Sheet Stocks

Merafe Resources

Market Cap: R2.9b

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

Oceana Group

Market Cap: R6.9b

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

Sephaku Holdings

Market Cap: R301.3m

Operates as a construction materials company in South Africa.

African Rainbow Capital Investments

Market Cap: R14.1b

An investment holding company, invests in a portfolio of listed and unlisted investments in South Africa, rest of Africa, and internationally.

Shoprite Holdings

Market Cap: R144.2b

An investment holding company, primarily engages in the food retailing business in South Africa and internationally.

Foschini Group

Market Cap: R42.4b

Operates retail stores in South Africa and internationally.

Master Drilling Group

Market Cap: R2.1b

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

Impala Platinum Holdings

Market Cap: R115.1b

Engages in the mining, processing, concentrating, refining, and sale of platinum group metals (PGMs) and associated base metals.

Crookes Brothers

Market Cap: R457.2m

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

Exxaro Resources

Market Cap: R37.3b

Engages in coal, iron ore investment, pigment manufacturing, and renewable energy businesses in South Africa, Europe, Australia, and Asia.

aReit Prop

Market Cap: R299.0m

n/a

Bid

Market Cap: R145.1b

Engages in the provision of foodservice solutions in Australasia, New Zealand, the United Kingdom, Europe, Africa, South America, Asia, the Middle East, and internationally.

Dis-Chem Pharmacies

Market Cap: R26.6b

Engages in the retail and wholesale of healthcare products and pharmaceuticals in South Africa.

Frontier Transport Holdings

Market Cap: R2.0b

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

Zeder Investments

Market Cap: R2.4b

A private equity arm of PSG Group Ltd.

Caxton and CTP Publishers and Printers

Market Cap: R4.3b

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

Clicks Group

Market Cap: R80.3b

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

Randgold & Exploration

Market Cap: R53.7m

Operates as a mining investment and exploration company in the gold mining sector in South Africa.

Trencor

Market Cap: R189.2m

Operates as a cash holding company in the South Africa.

Mahube Infrastructure

Market Cap: R237.1m

GAIA Infrastructure Capital Limited is a blank check company.

Mr Price Group

Market Cap: R61.6b

Operates as a fashion retailer serving women, men, and children in South Africa and internationally.

Wilson Bayly Holmes-Ovcon

Market Cap: R10.1b

Engages in civil engineering and building contracting business in South Africa, rest of Africa, and the United Kingdom.

Mpact

Market Cap: R4.4b

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

Woolworths Holdings

Market Cap: R49.1b

Through its subsidiaries, operates a chain of retail stores in South Africa, Australia, and New Zealand.

Oasis Crescent Property Fund

Market Cap: R1.3b

The Fund is a well-diversified real estate investment trust (“REIT”) invested in South African direct property investments, high quality global listed REITs and liquid instruments.

Tharisa

Market Cap: R4.5b

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

JSE

Market Cap: R10.2b

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

Bowler Metcalf

Market Cap: R935.9m

Manufactures and sells rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets in South Africa.

Argent Industrial

Market Cap: R1.4b

Manufactures and trades in steel and steel-related products in South Africa, Asia, the Middle East, Australia, New Zealand, North America, South America, rest of Africa, rest of Europe, the United Kingdom, and internationally.

Grand Parade Investments

Market Cap: R1.3b

A private equity and venture capital firm specializing in incubation, PIPE's, industry consolidation, recapitalizations, buyouts, and growth capital investments.

RCL Foods

Market Cap: R8.6b

Operates as a food manufacturer in South Africa.

Invicta Holdings

Market Cap: R3.1b

An investment holding company, engages in the distribution of engineering components and consumables in South Africa, rest of Africa, Europe, Asia, and the United States.

RFG Holdings

Market Cap: R4.9b

Manufactures and markets convenience meal solutions in South Africa, the Kingdom of Eswatini, and internationally.

AYO Technology Solutions

Market Cap: R130.4m

Through its subsidiaries, provides information and communication technology (ICT) solutions in South Africa, rest of Africa, Europe, and India.

Transpaco

Market Cap: R1.1b

Engages in the manufacturing, recycling, and distribution of paper and plastic products in South Africa.

Pepkor Holdings

Market Cap: R95.5b

Operates as a retailer focusing on discount, value, and specialized goods in Angola, Botswana, Brazil, Eswatini, Lesotho, Mozambique, Malawi, Namibia, South Africa, and Zambia.