May 2026
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Largest Public Companies in Zimbabwe
Benchmark revenue and EBITDA valuation multiples for public comps like
Edgars Stores, Zimplats Holdings, Caledonia Mining Corporation and Namib Minerals.
 | Edgars Stores Ltd retails clothing, footwear, textiles, and accessories in Zimbabwe. The company also manufactures and sells a range of denim, as well as ladies', children's, and gents' casual wear to other retailers. The company has classified its products and services into six operating segments namely Retailing, Edgars, Jet, Manufacturing, Micro Finance Club points, and Financial Services. The majority of the revenue is generated from Edgars. Its operations are spread across Zimbabwe. | $4 | -- | $2B | $2B | 68.5x | 440.2x | ||
| Zimplats Holdings Ltd is engaged in the production of the platinum group and associated metals such as platinum, palladium, rhodium, iridium, ruthenium, and other associated metals (nickel, gold, copper, cobalt, and silver) from the Great Dyke in Zimbabwe. The Group operates as a vertically integrated mining concern and is managed as a single segment. The Group’s operations are based in one geographical location, Zimbabwe. The Company operates mines in Ngezi and has processing plants in Selous and Ngezi. | $12 | -- | $1B | $1B | 1.4x | 6.0x | ||
| Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. The company's project includes Maligreen and Motapa. | $23 | -- | $440M | $386M | 1.4x | 3.0x | ||
| Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. | $1 | -- | $78M | $81M | 1.0x | 0.7x | ||
| Median | $8 | -- | $850M | $786M | 1.4x | 4.5x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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