Best South African Stocks: September 2026
Quality 91: ROIC in the top 5% of its sector and high gross profitability. Value 80: a high yield and cheap on EV/EBITDA. Momentum 74: near its 52-week high and above its moving averages.
September 2026 edition · data as of ·Next edition forms ·How we score stocks·All South Africa stocks, refreshed daily
Top 25 South African Stocks by StockRank
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | APH.JO Alphamin Resources Corp. ZA · Basic Materials · $1.3B Quality 91: ROIC in the top 5% of its sector and high gross profitability. Value 80: a high yield and cheap on EV/EBITDA. Momentum 74: near its 52-week high and above its moving averages. | Yield 11.7% | P/E 6.0 | 100 Score | 91 Q | 80 V | 74 M | Full House | |
| 2 | ITE.JO Italtile Limited ZA · Consumer Cyclical · $600.7M Value 79: a high yield and cheap on EV/EBITDA. Quality 75: wide operating margins and ROIC in the top 10% of its sector. Momentum 63: estimates revised up. | Yield 8.2% | P/E 7.6 | 99 Score | 75 Q | 79 V | 63 M | Full House | |
| 3 | TSG.JO Tsogo Sun Limited ZA · Consumer Cyclical · $445.4M Value 81: cheap on P/E and cheap on EV/EBITDA. Quality 69: wide operating margins and high return on equity. Momentum 68: near its 52-week high and estimates revised up. | Yield 6.1% | P/E 5.8 | 99 Score | 69 Q | 81 V | 68 M | Full House | |
| 4 | PPC.JO PPC Ltd ZA · Basic Materials · $710M Quality 75: strong free cash flow and ROIC in the top 15% of its sector. Momentum 72: near its 52-week high and quarterly earnings growing. Value 70: cheap on EV/EBITDA and a high yield. | Yield 3.8% | P/E 14.3 | 99 Score | 75 Q | 70 V | 72 M | Full House | |
| 5 | SOLBE1.JO Sasol Limited ZA · Basic Materials · $5B Value 86: below book value and cheap on P/E. Momentum 68: quarterly earnings growing. Quality 61: high gross profitability and wide operating margins. | Yield — | P/E 4.3 | 99 Score | 61 Q | 86 V | 68 M | Full House | |
| 6 | HDC.JO Hudaco Industries Limited ZA · Industrials · $302.8M Value 81: a high yield and cheap on EV/EBITDA. Quality 76: high gross profitability and ROIC in the top 15% of its sector. Momentum 56: estimates revised up but quarterly earnings shrinking. | Yield 6.2% | P/E 9.3 | 98 Score | 76 Q | 81 V | 56 M | Full House | |
| 7 | NTC.JO Netcare Limited ZA · Healthcare · $1.2B Value 77: a high yield and cheap on sales. Momentum 68: near its 52-week high and estimates revised up. Quality 68: F-Score 8/9 and high return on equity. | Yield 5.2% | P/E 12.4 | 98 Score | 68 Q | 77 V | 68 M | Full House | |
| 8 | FTB.JO Fairvest Limited ZA · Real Estate · $915.3M Momentum 80: outperforming the market over 6 months and near its 52-week high. Quality 71: ROIC in the top 10% of its sector and high return on equity. Value 59: cheap on P/E but far above book value. | Yield 7.3% | P/E 3.8 | 98 Score | 71 Q | 59 V | 80 M | Full House | |
| 9 | AEL.JO Altron Limited ZA · Technology · $666.8M Value 77: a high yield and cheap on EV/EBITDA. Quality 69: high gross profitability and ROIC in the top 20% of its sector. Momentum 64: near its 52-week high and quarterly earnings growing. | Yield 8.3% | P/E 14.2 | 98 Score | 69 Q | 77 V | 64 M | Full House | |
| 10 | RBO.JO Rainbow Chicken Limited ZA · Consumer Defensive · $339.2M Value 86: cheap on EV/EBITDA and cheap on P/E. Quality 66: high return on equity and low debt. Momentum 56: quarterly earnings growing. | Yield 5.5% | P/E 4.2 | 98 Score | 66 Q | 86 V | 56 M | Full House | |
| 11 | LEW.JO Lewis Group Limited ZA · Consumer Cyclical · $268.9M Value 82: a high yield and cheap on P/E. Quality 71: a liquid balance sheet and high gross profitability. Momentum 56: estimates revised up but EPS deteriorating. | Yield 10.7% | P/E 5.3 | 98 Score | 71 Q | 82 V | 56 M | Full HouseDir. buy | |
| 12 | OMN.JO Omnia Holdings Limited ZA · Industrials · $1.2B Momentum 72: near its 52-week high and outperforming the market over 6 months. Quality 71: ROIC in the top 15% of its sector and high gross profitability. Value 65: a high yield and cheap on EV/EBITDA. | Yield 6.1% | P/E 14.4 | 97 Score | 71 Q | 65 V | 72 M | Full House | |
| 13 | VKE.JO Vukile Property Fund Limited ZA · Real Estate · $2.2B Momentum 72: estimates revised up and outperforming the market over 6 months. Quality 69: strong free cash flow and high return on equity. Value 65: cheap on P/E and cheap on free cash flow. | Yield 6.0% | P/E 5.5 | 97 Score | 69 Q | 65 V | 72 M | Full House | |
| 14 | THA.JO Tharisa plc ZA · Basic Materials · $489.7M Value 76: cheap on EV/EBITDA and cheap on P/E. Quality 67: wide operating margins and F-Score 7/9. Momentum 63: quarterly earnings growing and outperforming the market over 6 months. | Yield 2.5% | P/E 4.2 | 97 Score | 67 Q | 76 V | 63 M | Full House | |
| 15 | ARL.JO Astral Foods Limited ZA · Consumer Defensive · $445.1M Value 85: a high yield and cheap on P/E. Quality 80: high return on equity and high gross profitability. Momentum 40: EPS deteriorating. | Yield 10.3% | P/E 4.8 | 97 Score | 80 Q | 85 V | 40 M | Unloved Quality | |
| 16 | HAR.JO Harmony Gold Mining Company Limited ZA · Basic Materials · $11.7B Quality 86: high gross profitability and high return on equity. Value 65: cheap on P/E and cheap on EV/EBITDA. Momentum 53: estimates revised up but well off its 52-week high. | Yield 2.1% | P/E 6.9 | 97 Score | 86 Q | 65 V | 53 M | Full House | |
| 17 | SPG.JO Super Group Limited ZA · Industrials · $373.5M Value 94: cheap on free cash flow and cheap on sales. Momentum 62: estimates revised up and near its 52-week high. Quality 49: strong free cash flow but thin interest cover. | Yield 3.0% | P/E 5.4 | 96 Score | 49 Q | 94 V | 62 M | Second Wind | |
| 18 | OCE.JO Oceana Group Limited ZA · Consumer Defensive · $508.7M Value 76: cheap on free cash flow and cheap on P/E. Momentum 74: estimates revised up and above its moving averages. Quality 54: strong free cash flow but a weak F-Score 5/9. | Yield 4.5% | P/E 10.9 | 96 Score | 54 Q | 76 V | 74 M | Full House | |
| 19 | WBO.JO Wilson Bayly Holmes-Ovcon Limited ZA · Industrials · $452.9M Value 86: cheap on EV/EBITDA and cheap on P/E. Quality 67: ROIC in the top 5% of its sector and interest well covered. Momentum 51: estimates revised up but below its moving averages. | Yield 4.4% | P/E 6.2 | 96 Score | 67 Q | 86 V | 51 M | Full House | |
| 20 | MTH.JO Motus Holdings Limited ZA · Consumer Cyclical · $1.1B Value 87: cheap on free cash flow and cheap on sales. Momentum 61: estimates revised up. Quality 55: strong free cash flow but high debt. | Yield 5.4% | P/E 6.5 | 96 Score | 55 Q | 87 V | 61 M | Full House | |
| 21 | RLO.JO Reunert Limited ZA · Industrials · $551.8M Value 81: a high yield and cheap on EV/EBITDA. Quality 69: ROIC in the top 20% of its sector and a liquid balance sheet. Momentum 53: estimates revised up but quarterly earnings shrinking. | Yield 6.8% | P/E 9.9 | 96 Score | 69 Q | 81 V | 53 M | Full House | |
| 22 | BYI.JO Bytes Technology Group plc ZA · Technology · $1.4B Quality 79: ROIC in the top 5% of its sector and high return on equity. Momentum 76: near its 52-week high and outperforming the market over 6 months. Value 47: far above book value. | Yield 2.3% | P/E 21.8 | 96 Score | 79 Q | 47 V | 76 M | Premium Grower | |
| 23 | HCI.JO Hosken Consolidated Investments Limited ZA · Industrials · $757.2M Value 80: cheap on P/E and below book value. Momentum 70: quarterly earnings growing and near its 52-week high. Quality 51: F-Score 7/8 but low gross profitability. | Yield 1.2% | P/E 5.2 | 96 Score | 51 Q | 80 V | 70 M | Full House | |
| 24 | SBP.JO Sabvest Capital Limited ZA · Financial Services · $341.1M Quality 81: wide operating margins and low debt. Value 64: valuation ratios not meaningful for a financial. Momentum 57: quarterly earnings growing. | Yield 0.9% | P/E 4.5 | 96 Score | 81 Q | 64 V | 57 M | Full House | |
| 25 | DTC.JO Datatec Limited ZA · Technology · $1.2B Value 86: cheap on sales and cheap on EV/EBITDA. Momentum 61: estimates revised up and near its 52-week high. Quality 53: ROIC in the top 15% of its sector but high debt. | Yield 5.0% | P/E 12.8 | 95 Score | 53 Q | 86 V | 61 M | Full House |
Ranked by StockRank (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.
Director buying reported in the 90 days to : LEW.JO
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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. StockRank is a global percentile, so the universe splits evenly into five bands by construction; a market that piles up on the right is scoring well as a whole.
Top 25 by sector
- Industrials6
- Basic Materials5
- Consumer Cyclical4
- Consumer Defensive3
- Technology3
- Real Estate2
- Other2
Share of South African stocks by StockRank band
- 0-193% / 20%
- 20-3910% / 20%
- 40-5912% / 20%
- 60-7926% / 20%
- 80-10049% / 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 196 South African stocks on 2026-09-25; 142 cleared the $250M market-cap floor this list applies. The market's average StockRank is 74. 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 StockRank 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 best South African stocks to buy right now?
- The table above ranks MoatMap's top 25 JSE-listed stocks by StockRank, a composite of Quality (ROIC, F-Score, leverage), Value (P/E, EV/EBITDA, P/B, shareholder yield) and Momentum (price trend plus 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-stocks screener filtered to South Africa.