Best South African Stocks: November 2026
Momentum 90: near its 52-week high and outperforming the market over 6 months. Value 87: cheap on EV/EBITDA and cheap on P/E. Quality 66: F-Score 8/9 and high gross profitability.
As of 3 Nov 2026, Sasol Limited (SOLBE1.JO) ranks first on MoatMap's November 2026 list of South African stocks, with a MoatMap Score of 100/100, among stocks above its $250M market-cap floor. A research ranking, not investment advice.
November 2026 edition · data as of ·7 new, 7 out, biggest climb BYI.JO since October·Next edition forms ·How we score stocks·How past rankings did·All South Africa stocks, refreshed daily
Top 25 South African Stocks by MoatMap Score
- New in November 2026: AngloGold Ashanti plc ANG.JO, Valterra Platinum Limited VAL.JO, Gold Fields Limited GFI.JO, Hosken Consolidated Investments Limited HCI.JO, Attacq Limited ATT.JO, CA Sales Holdings Limited CAA.JO, Nampak Limited NPK.JO
- Dropped out: Vukile Property Fund Limited VKE.JO, Reunert Limited RLO.JO, Oceana Group Limited OCE.JO, Wilson Bayly Holmes-Ovcon Limited WBO.JO, Super Group Limited SPG.JO, Octodec Investments Limited OCT.JO, Famous Brands Limited FBR.JO
- Biggest climbs: Bytes Technology Group plc BYI.JO #22 to #7, Omnia Holdings Limited OMN.JO #13 to #3, Sasol Limited SOLBE1.JO #10 to #1
- Biggest falls: Italtile Limited ITE.JO #6 to #18, PPC Ltd PPC.JO #2 to #11, Sabvest Capital Limited SBP.JO #8 to #15
What changed since October: 7 new, 7 out
- New in November 2026: AngloGold Ashanti plc ANG.JO, Valterra Platinum Limited VAL.JO, Gold Fields Limited GFI.JO, Hosken Consolidated Investments Limited HCI.JO, Attacq Limited ATT.JO, CA Sales Holdings Limited CAA.JO, Nampak Limited NPK.JO
- Dropped out: Vukile Property Fund Limited VKE.JO, Reunert Limited RLO.JO, Oceana Group Limited OCE.JO, Wilson Bayly Holmes-Ovcon Limited WBO.JO, Super Group Limited SPG.JO, Octodec Investments Limited OCT.JO, Famous Brands Limited FBR.JO
- Biggest climbs: Bytes Technology Group plc BYI.JO #22 to #7, Omnia Holdings Limited OMN.JO #13 to #3, Sasol Limited SOLBE1.JO #10 to #1
- Biggest falls: Italtile Limited ITE.JO #6 to #18, PPC Ltd PPC.JO #2 to #11, Sabvest Capital Limited SBP.JO #8 to #15
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield — | P/E 5.3 | 100 Score | 66 Q | 87 V | 90 M | Full House | ||
| 2 | Quality 91: ROIC in the top 5% of its sector and high gross profitability. Value 79: a high yield and cheap on EV/EBITDA. Momentum 71: near its 52-week high and quarterly earnings growing. | Yield 23.1% | P/E 5.3 | 100 Score | 91 Q | 79 V | 71 M | Full House | |
| 3 | Quality 74: strong free cash flow and ROIC in the top 15% of its sector. Value 72: a high yield and cheap on free cash flow. Momentum 71: near its 52-week high and outperforming the market over 6 months. | Yield 6.2% | P/E 14.2 | 99 Score | 74 Q | 72 V | 71 M | Full House | |
| 4 | Value 74: a high yield and cheap on EV/EBITDA. Momentum 70: near its 52-week high and outperforming the market over 6 months. Quality 67: high gross profitability and high return on equity. | Yield 8.4% | P/E 14.0 | 97 Score | 67 Q | 74 V | 70 M | Full House | |
| 5 | Quality 88: ROIC in the top 5% of its sector and strong free cash flow. Value 63: a high yield and cheap on EV/EBITDA. Momentum 58: estimates revised up but estimates cut. | Yield 5.6% | P/E 10.6 | 97 Score | 88 Q | 63 V | 58 M | Full House | |
| 6 | Value 80: cheap on P/E and cheap on EV/EBITDA. Quality 70: wide operating margins and F-Score 8/9. Momentum 59: near its 52-week high but EPS deteriorating. | Yield 6.3% | P/E 5.7 | 97 Score | 70 Q | 80 V | 59 M | Full House | |
| 7 | Momentum 82: near its 52-week high and outperforming the market over 6 months. Quality 80: ROIC in the top 5% of its sector and high return on equity. Value 48: far above book value. | Yield 2.2% | P/E 21.1 | 97 Score | 80 Q | 48 V | 82 M | Premium Grower | |
| 8 | Value 87: a high yield and cheap on P/E. Quality 81: strong free cash flow and high return on equity. Momentum 41: quarterly earnings growing but EPS deteriorating. | Yield 10.2% | P/E 4.9 | 97 Score | 81 Q | 87 V | 41 M | Unloved Quality | |
| 9 | Value 82: a high yield and cheap on free cash flow. Quality 77: strong free cash flow and high gross profitability. Momentum 50: estimates cut. | Yield 6.3% | P/E 9.1 | 97 Score | 77 Q | 82 V | 50 M | Full House | |
| 10 | Value 90: a high yield and cheap on P/E. Quality 69: ROIC in the top 10% of its sector and high return on equity. Momentum 51: quarterly earnings growing. | Yield 25.0% | P/E 3.6 | 97 Score | 69 Q | 90 V | 51 M | Full House | |
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| 11 | Momentum 75: near its 52-week high and outperforming the market over 6 months. Quality 72: ROIC in the top 15% of its sector and F-Score 7/9. Value 60: a high yield and cheap on EV/EBITDA. | Yield 3.8% | P/E 14.2 | 97 Score | 72 Q | 60 V | 75 M | Full House | |
| 12 | Value 72: a high yield and cheap on sales. Momentum 69: near its 52-week high and estimates revised up. Quality 66: F-Score 8/9 and high return on equity. | Yield 5.2% | P/E 12.4 | 96 Score | 66 Q | 72 V | 69 M | Full House | |
| 13 | Momentum 79: outperforming the market over 6 months and near its 52-week high. Quality 71: high return on equity and ROIC in the top 10% of its sector. Value 57: cheap on P/E but far above book value. | Yield 7.2% | P/E 3.9 | 96 Score | 71 Q | 57 V | 79 M | Full House | |
| 14 | Quality 84: high gross profitability and high return on equity. Value 71: cheap on P/E and cheap on EV/EBITDA. Momentum 50: estimates revised up but well off its 52-week high. | Yield 5.2% | P/E 5.3 | 96 Score | 84 Q | 71 V | 50 M | Full House | |
| 15 | Quality 81: wide operating margins and low debt. Value 66: cheap on P/E and cheap on EV/EBITDA; P/FCF excluded. Momentum 58: quarterly earnings growing. | Yield 0.9% | P/E 4.5 | 96 Score | 81 Q | 66 V | 58 M | Full House | |
| 16 | Value 82: a high yield and cheap on P/E. Quality 72: a liquid balance sheet and high gross profitability. Momentum 51: near its 52-week high but EPS deteriorating. | Yield 10.3% | P/E 5.5 | 96 Score | 72 Q | 82 V | 51 M | Full House | |
| 17 | Quality 82: high return on equity and F-Score 8/9. Value 66: a high yield and cheap on EV/EBITDA. Momentum 55: quarterly earnings growing but EPS deteriorating. | Yield 9.3% | P/E 7.8 | 95 Score | 82 Q | 66 V | 55 M | Full House | |
| 18 | Value 78: a high yield and cheap on EV/EBITDA. Quality 72: wide operating margins and ROIC in the top 10% of its sector. Momentum 49: estimates revised up. | Yield 9.2% | P/E 6.8 | 94 Score | 72 Q | 78 V | 49 M | Unloved Quality | |
| 19 | Quality 87: high return on equity and F-Score 9/9. Value 70: a high yield and cheap on P/E. Momentum 42: estimates cut. | Yield 7.1% | P/E 6.7 | 94 Score | 87 Q | 70 V | 42 M | Unloved Quality | |
| 20 | Value 84: cheap on sales and cheap on P/E. Momentum 61: estimates revised up and outperforming the market over 6 months. Quality 53: ROIC in the top 20% of its sector but high debt. | Yield 6.4% | P/E 6.4 | 94 Score | 53 Q | 84 V | 61 M | Full House | |
| 21 | Value 79: cheap on P/E and below book value. Momentum 69: quarterly earnings growing and near its 52-week high. Quality 50: F-Score 7/8 but low gross profitability. | Yield 1.2% | P/E 5.1 | 94 Score | 50 Q | 79 V | 69 M | Full House | |
| 22 | Value 77: cheap on P/E and cheap on EV/EBITDA. Quality 67: wide operating margins and F-Score 7/9. Momentum 54: quarterly earnings growing but EPS deteriorating. | Yield 2.9% | P/E 3.4 | 94 Score | 67 Q | 77 V | 54 M | Full House | |
| 23 | Momentum 72: estimates revised up and near its 52-week high. Quality 66: ROIC in the top 20% of its sector and strong free cash flow. Value 60: broadly strong. | Yield 5.7% | P/E 8.9 | 93 Score | 66 Q | 60 V | 72 M | Full House | |
| 24 | Value 71: cheap on P/E and cheap on sales. Quality 70: ROIC in the top 10% of its sector and high return on equity. Momentum 56: mixed. | Yield 2.2% | P/E 8.8 | 93 Score | 70 Q | 71 V | 56 M | Full House | |
| 25 | Value 77: cheap on P/E and cheap on EV/EBITDA. Quality 65: high return on equity and ROIC in the top 10% of its sector. Momentum 56: near its 52-week high but quarterly earnings shrinking. | Yield — | P/E 3.6 | 93 Score | 65 Q | 77 V | 56 M | Full House | |
Ranked by MoatMap Score (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
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How South Africa scores
Where the top 25 come from, and how the whole South African market sits against the global universe. The MoatMap Score is a global percentile, so the universe splits evenly into five bands by construction; a market with more of its stocks in the upper bands is scoring well as a whole.
Top 25 by sector
- Basic Materials8
- Consumer Cyclical5
- Industrials4
- Consumer Defensive2
- Real Estate2
- Technology2
- Other2
Share of South African stocks by MoatMap Score band
- 0-194% / 20%
- 20-397% / 20%
- 40-5912% / 20%
- 60-7928% / 20%
- 80-10048% / 20%
South Africaall markets
Miners, Rand Hedges, and the Domestic Discount
The JSE is the oldest and largest stock exchange in Africa, a market where the world's platinum, gold and diamond miners sit beside some of the emerging world's best-run banks, retailers and insurers, and where a large share of the index is companies that earn most of their money somewhere else. It has been cheap for a decade for reasons that are mostly political, and it is where a factor screen finds real businesses at emerging-market prices. The list below is where Quality, Value and Momentum agree.
MoatMap scored 194 South African stocks on 2026-11-03; 141 cleared the $250M market-cap floor this list applies. The market's average MoatMap Score is 73. Basic Materials is the most represented sector in the top 10 (3 names).
The Johannesburg market divides along a line every local investor knows. On one side are the rand hedges: companies that list on the JSE but earn in dollars, euros or pounds. Richemont, Anglo American, BHP, Glencore, Prosus, AB InBev, British American Tobacco and Mondi all keep a JSE line, several of them as a legacy of South African origins, and the gold and platinum miners sell into dollar markets whatever the rand does. On the other side are the domestic names: the banks (Standard Bank, FirstRand, Capitec, Absa, Nedbank), the insurers, the food and clothing retailers, the telecoms and the property companies, whose fortunes rise and fall with the South African economy and the rand. This page does not filter out the inward listings, because they are what the JSE is: the Top 40 index is built on them, and a South African investor holds them as South African stocks.
The domestic discount is the opportunity. Fifteen years of weak growth, power cuts, a collapsing state logistics network and political uncertainty have left South African domestic companies trading at multiples that have little to do with the businesses, several of which are among the best-run in the emerging world: Capitec built the country's largest retail bank from nothing in twenty years, Clicks and Shoprite are retailers of global quality, and the insurers and asset managers earn returns that would rank highly anywhere. The Value pillar finds them easily; the Momentum pillar is the one to watch, because the market's occasional bursts of optimism about reform have been the best entry points of the past decade.
Mining needs reading separately. The gold miners (AngloGold Ashanti, Gold Fields, Harmony) and the platinum-group producers (Anglo American Platinum, Impala, Sibanye, Northam) move with the metal price and the rand, and their scores swing from one end of the band to the other across a cycle. A miner at the top of the MoatMap Score list is usually at the top of a commodity cycle, with trailing numbers that flatter it; the Quality pillar, which rewards the producers that kept debt low, is the steadier guide.
Disclosure is thorough and MoatMap reads it at the source. The JSE requires directors' dealings to be announced on SENS, the exchange's news service, within three business days, with the person, the role, the shares and the price, and share repurchases file through the same channel; the feed reads the SENS mirror directly. The director-buying and buyback callouts below the table draw on those filings. Access is straightforward through most international brokers, several of the largest names trade as US ADRs, and JSE prices are quoted in cents rather than rand, which is worth knowing when you look at a quote. South Africa withholds 20% on dividends paid to non-residents, reduced under treaties, and the rand is one of the most traded and most volatile emerging-market currencies, so an unhedged foreign holder's return can be dominated by it in either direction.
Frequently Asked Questions
- What are the top-ranked South African stocks right now?
- The table above ranks the top 25 JSE-listed stocks by MoatMap Score, a composite of Quality (returns on capital, cash conversion, balance sheet), Value (six price ratios, from P/E to dividend yield) and Momentum (price trend and earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- Why does this page include companies like Anglo American and Richemont?
- Because the JSE's inward listings are what the exchange is. Richemont, Anglo American, BHP, Prosus and AB InBev keep a Johannesburg line, several as a legacy of South African origins, and the Top 40 index is built on them; a South African investor holds them as South African stocks. This page keeps them, unlike the foreign quote lines on the Frankfurt or Mexican boards that MoatMap filters out.
- What is a rand hedge?
- A JSE-listed company that earns most of its revenue in dollars, euros or pounds, so its rand share price rises when the rand weakens. The miners and the inward listings are rand hedges; the banks, retailers and property companies are the domestic side, and their fortunes move with the South African economy and the currency.
- Does MoatMap track South African insider trades and buybacks?
- Yes. The South Africa feed reads the SENS announcements the JSE requires for directors' dealings (person, role, shares and price, within three business days) and for share repurchases. The director-buying and buyback callouts on this page draw on them.
- How can foreigners buy South African stocks, and what about the rand?
- Most international brokers offer JSE access and several large names trade as US ADRs. JSE prices are quoted in cents, not rand. South Africa withholds 20% on dividends to non-residents, reduced under treaties, and the rand is volatile enough to dominate an unhedged foreign holder's return in either direction over a year.
- How often does this South Africa ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked list filtered to South Africa.