South African Undervalued Small Caps With Insider Buying

Lewis Group

Market Cap: R4.4b

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

Zeda

Market Cap: R2.8b

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.

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: R12.1b

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.