SUNDAY TIMES TOP 100 COMPANIES

VIEW 2022 TOP 100 COMPANIES

ABOUT

The prestigious Sunday Times Top 100 Companies awards acknowledge listed companies which have earned the highest returns for their shareholders over the last five years. The gala dinner Top 100 Companies event also features highly sought-after awards for Business Leader of the Year and Lifetime Achiever in the realm of South African business. Sunday Times Top 100 Companies analyses the share price performance of listed companies over a rolling five-year period using a hypothetical initial investment amount of R10 000.

This year’s investment measurement period has run from 1 September 2017 to August 31 2022, with the winning company being the one which has created the most wealth and value for shareholders over that period, assuming reinvestment of all dividends, bonus share allotments and special payments. This year, in the interest of including those companies which can truly be considered to be publicly held and which are producing returns for JSE investors, Top 100 Companies is raising its market capitalisation threshold for inclusion to R5-billion and above.

Since 2011, we have increased the minimum volume traded value to R20-million because of higher trading volumes over the years and in order to exclude distortion from extreme movements in penny stocks. Apart from being an accurate measurement of shareholder fortunes, the share price plus the amount of income returned to shareholders is an indicator of the soundness of a company’s operations – if one accepts that share price performance is generally an accurate barometer.

SUNDAY TIMES TOP 100 COMPANIES 2022

	Share name	Market cap as at Aug 31 2022 (Rbn)	Total return (%)	*Final value (R)	Compound annual growth rate (%)
1	Montauk Renewables	210.32	830.5	93,049	56.2
2	Impala Platinum	153.45	435.7	53,570	39.9
3	Royal Bafokeng Platinum	42.18	427.2	52,719	39.4
4	Anglo American Platinum	318.02	374.4	47,440	36.5
5	Exxaro Resources	76.26	256.5	35,646	28.9
6	African Rainbow Minerals	53.08	252.5	35,254	28.7
7	Northam Platinum	63.93	227.7	32,771	26.7
8	Kumba Iron Ore	122.56	226.1	32,607	32.8
9	Anglo American	737.74	222.7	32,270	26.4
10	Transaction Capital	27.16	176.8	27,682	22.6
11	Gold Fields	123.66	165.9	26,586	21.6
12	BHP Group	2,223.98	165.7	26,571	21.6
13	Capitec Bank	237.26	144.1	24,413	19.5
14	DRD Gold	7.95	136.4	23,643	18.8
15	Clicks Group	72.71	119.6	21,962	17.0
16	Sibanye Stillwater	108.94	115.3	21,529	16.6
17	Industrials REIT	9.97	114.4	21,443	16.5
18	Afrimat	7.96	104.4	20,438	15.4
19	Sirius Real Estate	18.82	93.3	19,333	14.1
20	South32	217.95	86.2	18,619	13.2
21	Astral Foods	8.88	85.8	18,580	13.2
22	Compagnie Financière Richemont	1,006.57	85.3	18,529	13.1
23	Anglogold Ashanti	96.08	83.2	18,320	12.9
24	Glencore	1,309.11	75.3	17,525	11.9
25	Harmony Gold Mining	26.61	74.1	17,409	11.7
26	Raubex Group	6.36	71.8	17,184	11.4
27	Grindrod	7.46	70.5	17,046	11.3
28	Stor-Age Property REIT	6.24	67.2	16,724	10.8
29	PSG Group	20.15	62.1	16,205	10.1
30	Datatec	9.42	61.5	16,148	10.1
31	Absa Group	150.92	60.1	16,014	9.9
32	Pan African Resources	8.02	57.5	15,746	9.5
33	Metair Investments	5.28	56.1	15,613	9.3
34	Tharisa	6.35	52.8	15,279	8.8
35	Bidvest	73.14	44.9	14,487	7.7
36	Hosken Consolidated Investments	15.70	44.7	14,475	7.7
37	PSG Konsult	15.01	43.7	14,374	7.5
38	Firstrand	359.96	43.7	14,371	7.5
39	Equites Property Fund	13.95	40.6	14,064	7.1
40	Italtile	20.26	39.8	13,984	6.9
41	Investec plc	57.43	38.6	13,862	6.7
42	Investec Ltd	24.89	35.5	13,547	6.3
43	Emira Property Fund	5.23	29.5	12,950	5.3
44	Dis-Chem Pharmacies	30.51	26.3	12,629	4.8
45	Rand Merchant Inv	41.44	24.9	12,488	4.5
46	Naspers -N-	1,056.45	24.3	12,435	4.5
47	Nedbank Group	103.73	20.5	12,050	3.8
48	Mr Price Group	47.83	20.5	12,046	3.8
49	BID Corporation	109.02	20.0	12,002	3.7
50	Shoprite	137.62	18.0	11,801	3.4
51	Standard Bank Group	257.15	17.9	11,792	3.4
52	Alexander Forbes Group	6.39	17.7	11,765	3.3
53	MTN Group	234.12	16.8	11,680	3.2
54	Vukile Property Fund	13.22	16.4	11,641	3.1
55	British American Tobacco	1,682.56	16.2	11,624	3.1
56	Pick n Pay Stores	30.50	14.5	11,454	2.8
57	The Spar Group	30.16	13.9	11,386	2.6
58	Santam	28.09	12.7	11,275	2.4
59	Woolworths	57.38	11.3	11,130	2.2
60	Investec Property Fund	8.24	8.8	10,877	1.7
61	JSE	9.33	8.6	10,861	1.7
62	MAS Real Estate	14.52	7.7	10,767	1.5
63	Reinet Investments S.C.A.	55.08	7.3	10,733	1.4
64	ArcelorMittal SA	5.79	2.2	10,221	0.4
65	AECI	8.76	1.8	10,177	0.4
66	AVI	24.73	1.4	10,142	0.3
67	Mondi	142.01	0.6	10,061	0.1
68	ADvTECH	9.09	-0.6	9,940	-0.1
69	Remgro	67.40	-2.5	9,748	-0.5
70	TFG	42.09	-3.5	9,654	-0.7
71	Old Mutual	47.89	-3.8	9,616	-0.8
72	Vodacom Group	231.59	-4.3	9,570	-0.9
73	Truworths International	23.40	-4.7	9,528	-1.0
74	Sanlam	118.74	-6.2	9,383	-1.3
75	Momentum Metropolitan	24.93	-6.3	9,366	-1.3
76	Adcock Ingram	8.40	-8.5	9,151	-1.8
77	Reunert	8.32	-9.7	9,034	-2.0
78	Sasol	208.84	-10.1	8,987	-2.1
79	Barloworld	16.55	-11.7	8,831	-2.5
80	Tsogo Sun Gaming	13.23	-13.5	8,653	-2.9
81	Discovery	82.18	-13.9	8,605	-3.0
82	Life Healthcare Group	29.45	-15.0	8,501	-3.2
83	Fortress REIT A	12.42	-16.1	8,387	-3.5
84	Mediclinic International	72.84	-18.5	8,145	-4.0
85	Telkom SA SOC	22.47	-18.9	8,105	-4.1
86	Growthpoint Properties	43.71	-19.4	8,058	-4.2
87	RCL Foods	10.10	-20.7	7,934	-4.5
88	Cashbuild	5.67	-22.2	7,781	-4.9
89	Oceana Group	7.16	-25.3	7,474	-5.7
90	Lesaka Technologies	5.07	-26.9	7,306	-6.1
91	Netcare	21.21	-27.4	7,256	-6.2
92	Super Group	10.62	-28.3	7,166	-6.4
93	SA Corporate Real Estate	5.31	-28.8	7,122	-6.6
94	Lighthouse Capital	10.40	-29.3	7,072	-6.7
95	Coronation Fund Managers	11.03	-30.4	6,960	-7.0
96	Resilient REIT	20.28	-30.7	6,927	-7.1
97	Wilson Bayly Holmes-Ovcon	5.29	-30.8	6,919	-7.1
98	NEPI Rockcastle	55.26	-33.4	6,660	-7.8
99	KAP Industrial	11.52	-38.5	6,155	-9.3
100	Anheuser-Busch InBev SA	1,449.53	-40.1	5,995	-9.7

*Return over five years from September 1 2015 to August 31 2020, on a theoretical R10,000 investment. The results were compiled by Vestra Advisory and have been evaluated by Deloitte. The executive management of Arena Holdings have also considered certain subjective qualifying criteria, relating to the Top 100 Companies’ perceived compliance with good governance and ethical conduct. The Sunday Times Top 100 Companies in 2020 includes 93 companies. Due to market conditions, including the impact of the Covid-19 pandemic, fewer listed companies met the required criteria for inclusion.