South African Retail Low Leverage High Rewards

Truworths International

Market Cap: R26.6b

An investment holding and management company, engages in the retail of fashion apparel and accessories.

Cashbuild

Market Cap: R3.1b

Engages in retailing of building materials and associated products in South Africa, Botswana, eSwatini, Lesotho, Namibia, Zambia, and Malawi.

Mr Price Group

Market Cap: R56.4b

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

Italtile

Market Cap: R11.8b

Manufactures, retails, and franchises tiles, bathroom ware, and related home-finishing products in South Africa, rest of Africa, and Australia.