South African Undervalued Small Caps With Insider Buying

Fortress Real Estate Investments

Market Cap: R29.2b

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.

Astral Foods

Market Cap: R9.3b

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

RCL Foods

Market Cap: R7.1b

Operates as a food manufacturer in South Africa.

Lewis Group

Market Cap: R4.3b

Engages in the retail of household furniture, home appliances, electronic goods, and homewares in South Africa, Botswana, Lesotho, Eswatini, and Namibia.

Zeda

Market Cap: R2.6b

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

KAL Group

Market Cap: R3.2b

Operates as a diversified trader and retailer in the agricultural, manufacturing, retail, and fuel and convenience markets in South Africa and Namibia.

Argent Industrial

Market Cap: R2.0b

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.

Hudaco Industries

Market Cap: R5.5b

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

Hosken Consolidated Investments

Market Cap: R12.3b

An investment holding company, operates media and broadcasting, gaming, transport, properties, coal mining, and branded products and manufacturing businesses in South Africa, Other African countries, the Middle East, Europe, and the United Kingdom.