South African Capital Goods Low Leverage High Rewards

Wilson Bayly Holmes-Ovcon

Market Cap: R8.1b

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

CAFCA

Market Cap: R202.0m

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

ARB Holdings

Market Cap: R2.0b

ARB Holdings Limited, an investment and property holding company, engages in the trading and distribution of electrical, lighting, and related products.

Argent Industrial

Market Cap: R1.8b

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.