South African Undervalued Stocks Based On Cash Flows

AECI

Market Cap: R11.5b

Provides products and services for mining, water treatment, plant and animal health, food and beverage, manufacturing, and general industrial sectors.

Sibanye Stillwater

Market Cap: R151.4b

Operates as a precious metals mining company in South Africa, the United States, Europe, and Australia.

MTN Group

Market Cap: R369.3b

Provides mobile telecommunications services in South Africa, Nigeria, South and East Africa, West and Central Africa, and the Middle East and North Africa.

Premier Group

Market Cap: R22.3b

Operates as a consumer-packaged goods company in South Africa and internationally.

Northam Platinum Holdings

Market Cap: R139.3b

Through its subsidiary, Northam Platinum Limited, engages in the production and sale of platinum group metals.

SPAR Group

Market Cap: R11.9b

Engages in the wholesale and distribution of goods and services to grocery stores and other group retail outlets in South Africa and internationally.

Impala Platinum Holdings

Market Cap: R225.6b

Engages in the mining, concentrating, refining, and sells of platinum group metals (PGMs) and associated base metals in South Africa, Zimbabwe, and Canada.

Afrimat

Market Cap: R5.5b

Operates as a mining and materials company primarily in the southern African region.