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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Gold Fields | South Africa | Metals & Mining | ZAR 864 | $50.1B | 5.6x | 8.5x |
| Firstrand | South Africa | Commercial Banking, Investment Banking | ZAR 95 | $44.5B | 4.7x | N/A |
| Naspers | South Africa | Consumer Marketplaces, Vertical Marketplaces, Horizontal Marketplaces, Classifieds | ZAR 891 | $38.8B | 4.0x | 46.6x |
| Standard Bank Group | South Africa | Commercial Banking | ZAR 314 | $34.2B | 3.1x | N/A |
| Capitec Bank | South Africa | Commercial Banking | ZAR 4648 | $34.1B | 10.6x | N/A |
| MTN Group | South Africa | Telecom Service Providers, Internet Service Providers | ZAR 192 | $24.5B | 1.7x | 4.0x |
| Vodacom | South Africa | Telecom Service Providers, Internet Service Providers | ZAR 156 | $22.4B | 2.2x | 5.9x |
| Absa Group | South Africa | Commercial Banking | ZAR 262 | $21.4B | 3.0x | N/A |
| Sanlam | South Africa | Insurance Carriers, Asset Management | ZAR 102 | $12.2B | 6.3x | N/A |
| Shoprite | South Africa | Department Stores | ZAR 268 | $12.0B | 0.7x | 8.2x |
| Nedbank Group | South Africa | Commercial Banking | ZAR 282 | $11.5B | 2.5x | N/A |
| Bidcorp Group | South Africa | Wholesale Distribution | ZAR 422 | $9.8B | 0.6x | 9.3x |
| Discovery | South Africa | Insurance Carriers, Asset Management | ZAR 234 | $9.8B | 3.1x | N/A |
| NEPI Rockcastle | South Africa | Real Estate Development | ZAR 148 | $9.8B | 11.1x | N/A |
| Sasol | South Africa | Chemicals | ZAR 123 | $9.6B | 0.6x | 3.3x |
| Pepkor | South Africa | Specialty Stores | ZAR 26 | $7.4B | 1.2x | 7.3x |
| OUTsurance Group | South Africa | Insurance Carriers | ZAR 73 | $7.0B | 3.1x | N/A |
| Remgro | South Africa | Asset Management | ZAR 186 | $6.0B | 1.9x | 21.4x |
| Redefine Properties | South Africa | Real Estate Development | ZAR 7 | $5.6B | 10.1x | 16.0x |
| Aspen Pharmacare | South Africa | Biopharmaceuticals, Drug Development & Therapeutics | ZAR 125 | $5.4B | 2.0x | 11.3x |
| Clicks Group | South Africa | Pharmacies | ZAR 323 | $4.8B | 1.6x | 11.1x |
| Woolworths | South Africa | Department Stores, Supermarkets, General Merchandise | ZAR 54 | $4.0B | 0.8x | 8.0x |
| Foschini Group | South Africa | Specialty Stores | ZAR 82 | $3.1B | 0.8x | 4.1x |
| Mr Price Group | South Africa | Specialty Stores, Clothing & Accessories | ZAR 167 | $3.1B | 1.2x | 5.3x |
| Tiger Brands | South Africa | Food & Beverages, Baby & Child Care, Health & Beauty, Home Care | ZAR 343 | $3.0B | 1.3x | 9.6x |
| Santam | South Africa | Insurance Carriers, Reinsurance | ZAR 443 | $2.9B | 1.0x | N/A |
| Sappi | South Africa | Paper & Forest Products | ZAR 18 | $2.6B | 0.4x | 4.9x |
| AVI | South Africa | Food & Beverages | ZAR 113 | $2.5B | 2.4x | 9.3x |
| Old Mutual | South Africa | Insurance Carriers, Asset Management | ZAR 16 | $2.5B | 0.7x | N/A |
| Hyprop Investments | South Africa | Real Estate Development | ZAR 61 | $2.4B | 15.0x | N/A |
| Dis-Chem Pharmacies | South Africa | Pharmacies | ZAR 36 | $2.3B | 0.9x | 10.6x |
| Telkom South Africa | South Africa | Telecom Service Providers, Internet Service Providers | ZAR 56 | $2.2B | 0.8x | 3.0x |
| Exxaro Resources | South Africa | Fossil Fuels | ZAR 187 | $2.1B | 0.8x | 3.2x |
| PSG Financial Services | South Africa | Asset Management | ZAR 27 | $2.0B | N/A | N/A |
| Spar Group | South Africa | Supermarkets, Wholesale Distribution | ZAR 91 | $2.0B | 0.2x | 8.7x |
| Netcare | South Africa | Hospitals & Clinics | ZAR 16 | $1.9B | 1.1x | 6.1x |
| Lighthouse Properties | South Africa | Real Estate Development | ZAR 9 | $1.8B | N/A | N/A |
| Pick n Pay | South Africa | Department Stores, General Merchandise | ZAR 20 | $1.8B | 0.2x | 5.2x |
| Truworths | South Africa | Clothing & Accessories, Specialty Stores | ZAR 56 | $1.5B | 1.1x | 4.4x |
| Advtech | South Africa | Education & Training | ZAR 40 | $1.5B | N/A | N/A |
| MAS | South Africa | Real Estate Development | ZAR 22 | $1.4B | 10.6x | 11.1x |
| WeBuyCars | South Africa | Consumer Marketplaces, Vertical Marketplaces, Consumer E-commerce, Vertical E-commerce | ZAR 42 | $1.2B | 0.7x | 12.3x |
| Datatec | South Africa | IT Consulting | ZAR 77 | $1.2B | N/A | N/A |
| Attacq Limited | South Africa | Real Estate Development | ZAR 17 | $1.1B | 10.4x | N/A |
| Momentum Group | South Africa | Insurance Carriers | ZAR 38 | $1.1B | N/A | N/A |
| Life Healthcare Group | South Africa | Hospitals & Clinics | ZAR 11 | $1.0B | 0.6x | 4.2x |
| Sun International | South Africa | Casinos & Gambling | ZAR 43 | $990M | N/A | N/A |
| Tsogo Sun | South Africa | Casinos & Gambling, Accommodation | ZAR 7 | $899M | 1.3x | 4.2x |
| Blu Label Unlimited Group | South Africa | Telecom Service Providers, Internet Service Providers | ZAR 10 | $823M | N/A | N/A |
| Grindrod | South Africa | Logistics & Air Freight | ZAR 18 | $738M | N/A | N/A |
| Johannesburg Stock Exchange | South Africa | Stock Exchanges | ZAR 155 | $673M | N/A | N/A |
| Raubex Group | South Africa | Construction & Engineering | ZAR 52 | $651M | 0.5x | 4.6x |
| Super Group | South Africa | Logistics & Air Freight | ZAR 17 | $642M | 0.2x | 2.8x |
| Altron | South Africa | IT Consulting | ZAR 21 | $548M | 0.9x | 4.6x |
| Tharisa | South Africa | Metals & Mining | ZAR 28 | $459M | 0.7x | 2.6x |
| Famous Brands | South Africa | Restaurants & Nightlife | ZAR 57 | $425M | 0.8x | 5.8x |
| Sygnia Ltd | South Africa | Asset Management | ZAR 34 | $322M | N/A | N/A |
| Balwin Properties | South Africa | Real Estate Development | ZAR 3 | $279M | 2.0x | 11.5x |
| Spear REIT | South Africa | Real Estate Development | ZAR 12 | $271M | 8.7x | N/A |
| Finbond Group Ltd | South Africa | Lending Solutions | ZAR 1 | $239M | N/A | N/A |
| Orion Minerals | South Africa | Metals & Mining | ZAR 0 | $212M | 1021.8x | -281.8x |
| Investec | South Africa | Investment Banking | ZAR 38 | $167M | N/A | N/A |
| Caxton and CTP Publishers and Printers | South Africa | Publishing | ZAR 15 | $136M | N/A | N/A |
| Calgro M3 Holdings | South Africa | Real Estate Development | ZAR 5 | $101M | 1.7x | 8.1x |
| Novus Holdings | South Africa | Printing | ZAR 5 | $92.6M | N/A | N/A |
| Huge Group Ltd | South Africa | Telecom Infrastructure | ZAR 1 | $35.5M | N/A | N/A |
| Telemasters Holdings Ltd | South Africa | Telecom Infrastructure | ZAR 2 | $7.1M | N/A | N/A |
| Ninety One | South Africa | Asset Management | ZAR 52 | -$14.9B | N/A | N/A |
Valuation multiples as of last 12 months (LTM). Stock prices as of February 16, 2026. Financial data powered by Morningstar and FactSet.
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