South African Undervalued Small Caps With Insider Buying

Fortress Real Estate Investments

Market Cap: R28.7b

Fortress is a real estate investment company with a focus on developing and letting premium-grade logistics real estate in SA and CEE, as well as growing our convenience and commuter-oriented retail portfolio.

Spear Reit

Market Cap: R5.6b

Spear REIT Limited listed as a Real Estate Investment Trust on the main board of the Johannesburg Stock Exchange.

RCL Foods

Market Cap: R7.6b

Operates as a food manufacturer in South Africa.

Zeda

Market Cap: R2.6b

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

Argent Industrial

Market Cap: R1.9b

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, the United Kingdom, rest of Europe, and internationally.

Altron

Market Cap: R10.8b

Engages in technology business in South Africa and rest of Africa.

Hudaco Industries

Market Cap: R5.5b

Imports and distributes automotive, industrial, and electronic consumable products in South Africa and internationally.

AVI

Market Cap: R31.4b

Manufactures, processes, markets, and distributes branded consumer products in the food, beverage, footwear, apparel, and cosmetics sectors in South Africa, other African countries, Europe, and internationally.