Capitec Bank Holdings Ltd has, for the second year running, been announced as the Sunday Times Top 100 Company of the Year, based on its share performance on the Johannesburg Stock Exchange (JSE) over the past five years. Capitec CEO, Gerrie Fourie was also celebrated as Business Leader of the Year at the 2019 Sunday Times Top 100 Companies Awards gala dinner which was held at The Empire Venue in Parktown.

Author and entrepreneur GG Alcock delivered the keynote address, with Bruce Whitfield as the master of ceremonies.

The Sunday Times Top 100 Companies, futured by BCX, is one of the most prestigious and highly-anticipated events on the South African business calendar, where industry leaders come together to celebrate the JSE-listed companies that have delivered the highest returns for their shareholders – based on an initial investment of R10,000 – during the period 1 September 2014 to the end of August 2019. To qualify, companies are also required to hold a minimum market capitalisation of R5 Billion at 31 August 2019.

Over the five-year period, Capitec Bank Holdings Ltd (JSE: CPI) showed an annual compound growth rate of 40.9%. This means that R10,000 invested in 2014 would have delivered R55,491 in 2019. Capitec has also been the recipient of the Sunday Times Top 100 Company Award on three previous occasions: 2010, 2012, and 2018.

Transaction Capital (JSE: TCP) and Clicks Group Ltd (JSE: CLS) placed second and third respectively. Equites Property Fund Ltd (JSE: EQU) came in fourth position, with Naspers Ltd (JSE: NPN) taking fifth spot. All Sunday Times Top 100 Companies results were verified by Deloitte.

Capitec Bank Holdings Ltd CEO, Gerrie Fourie, was the recipient of the 2019 Business Leader of the Year Award, as decided by the CEO’s of Sunday Times Top 100 Companies from previous years. Fourie joins an elite list of former recipients including Lesetja Kganyago, Pravin Gordhan, Johan van Zyl, Michael Jordaan and Phuthuma Nhleko, amongst others.

“It is the ultimate accolade to be selected by one’s peers for such a prestigious award, and Gerrie Fourie is very deserving. His commitment to the Capitec brand is only surpassed by his determination to accelerate growth in South Africa, in order to stimulate employment opportunities. We’re proud to recognise him for his grit and determination, and the leadership he provides,” says Sunday Times editor, Bongani Siqoko.

The winners of the inaugural BCX Digital Innovation Awards were also announced at the Sunday Times Top 100 Companies Awards event. The BCX Digital Innovation Awards ‘honour South African organisations that have taken up the flag to transform their businesses through technological advancements and digital transformation.’ The winner in the SME category is iiDENTIFii.

Old Mutual Ltd was announced as the overall winner in the Corporate category.

Mercedes-Benz was the exclusive vehicle sponsor, with Rupert & Rothschild as the pouring sponsor for the Awards.

The results of the Sunday Times Top 100 Companies will be published in the newspaper on 10 November 2019.

About BCX
BCX is changing the way business is done in South Africa. It delivers customer-driven solutions built through disruptive innovation. As a member of the Telkom Group, BCX currently provides technology and infrastructure solutions for most of JSE-listed companies, helping to move the economy forward. To find out more about BCX, visit www.bcx.co.za

The Sunday Times Top 100 Companies Methodology

The Sunday Times Top 100 Companies awards acknowledge those listed companies that have created wealth and value for shareholders.

The methodology for the Sunday Times Top 100 Companies was changed this year to focus on larger enterprises. This year, companies with a minimum market capitalisation of R5bn at 31 August 2019, and a track record of five years trading from 1 September 2014 were included.

Selected companies that met the aforementioned criteria but are no longer listed on the JSE, or the share is suspended at 31 August 2019, were excluded from the analysis.

The executive management of Tiso Blackstar Group SE have also considered certain subjective qualifying criteria, relating to the Top 100 Companies’ perceived compliance with good governance and ethical conduct.

The share performance analysis assumes an initial investment of R10,000 at the closing price on August 30 2014 and held for a period of five years from 1 September 2014 to 31 August 2019, and the companies are ranked based on the compound annual growth rate (“CAGR”) over the five year period.

This analysis assumes that a fraction of a share can be purchased. Corporate actions during the review period were adjusted for as follows:

Ordinary and special dividends: The gross dividend per share is assumed to be reinvested in the company on the dividend payment date at that date’s closing share price.

Scrip dividends: Assumed that the cash option was elected and that the gross dividend is reinvested in the company as described above.

Capitalisation issue: Shares received are held until the end of the review period.

Unbundling: The shares in NewCo received are assumed to be received on the last date to trade and are tracked separately. The compound annual growth rate is calculated based on the basket of shares held at the end of the period as a result of the original R10 000 investment.

Share split/consolidation: Share price data was adjusted for these corporate events. Companies that undertook this corporate action did not declare any form of dividend during the review period and therefore no further adjustment was required.

Rights issue: Assumed that rights are not taken up and lapse, therefore no adjustment made.

The data has been sourced through IRESS and the calculations have been verified by Deloitte.

Sunday Times Top 100 Companies Ranked Below

Ticker Name Market cap as at 30 Aug 2019 Total return CAGR End value of portfolio
1 CPI SJ Equity CAPITEC BANK HOLDINGS LTD 126,599,992,400 454.9% 40.9% 55,490.56
2 TCP SJ Equity TRANSACTION CAPITAL 13,567,659,400 287.6% 31.1% 38,757.09
3 CLS SJ Equity CLICKS GROUP LTD 52,154,604,400 216.8% 25.9% 31,683.90
4 EQU SJ Equity EQUITES PROPERTY FUND LTD 11,535,312,600 177.5% 22.6% 27,746.74
5 NPN SJ Equity NASPERS LTD-N SHS 1,518,163,335,300 166.3% 21.6% 26,634.17
6 MIX SJ Equity MIX TELEMATICS LTD 5,243,109,900 143.4% 19.5% 24,338.14
7 PSG SJ Equity PSG GROUP LTD 46,562,662,200 128.8% 18.0% 22,883.90
8 AMS SJ Equity ANGLO AMERICAN PLATINUM LTD 250,953,577,800 122.1% 17.3% 22,207.39
9 IAP SJ Equity INVESTEC AUSTRALIA PROPERTY 8,447,028,100 111.2% 16.1% 21,124.33
10 CSB SJ Equity CASHBUILD LTD 5,954,822,100 110.5% 16.0% 21,046.47
11 MNP SJ Equity MONDI PLC 143,353,374,500 98.2% 14.7% 19,821.36
12 BVT SJ Equity BIDVEST GROUP LTD 60,593,356,900 97.9% 14.6% 19,785.80
13 ANG SJ Equity ANGLOGOLD ASHANTI LTD 144,230,508,200 94.0% 14.2% 19,404.60
14 GFI SJ Equity GOLD FIELDS LTD 75,289,567,800 90.5% 13.8% 19,053.38
15 FFA SJ Equity FORTRESS REIT LTD-A 25,119,108,563 88.0% 13.5% 18,800.93
16 STP SJ Equity STENPROP LTD 5,826,115,912 84.8% 13.1% 18,480.54
17 NHM SJ Equity NORTHAM PLATINUM LTD 40,094,292,300 84.1% 13.0% 18,414.89
18 HAR SJ Equity HARMONY GOLD MINING CO LTD 30,056,164,800 78.1% 12.2% 17,806.22
19 TKG SJ Equity TELKOM SA SOC LTD 40,691,874,400 77.0% 12.1% 17,699.06
20 ITE SJ Equity ITALTILE LTD 18,392,608,901 75.5% 11.9% 17,552.87
21 AVI SJ Equity AVI LTD 27,827,342,300 75.2% 11.9% 17,523.44
22 FSR SJ Equity FIRSTRAND LTD 336,513,185,200 72.9% 11.6% 17,288.49
23 KIO SJ Equity KUMBA IRON ORE LTD 126,573,346,100 71.9% 11.4% 17,190.41
24 VKE SJ Equity VUKILE PROPERTY FUND LTD 17,900,562,500 69.2% 11.1% 16,923.18
25 SBK SJ Equity STANDARD BANK GROUP LTD 287,025,637,000 63.6% 10.3% 16,362.77
26 TFG SJ Equity THE FOSCHINI GROUP LTD 35,631,900,500 61.3% 10.0% 16,126.61
27 RMH SJ Equity RMB HOLDINGS LTD 100,866,194,900 60.0% 9.9% 15,997.97
28 SNT SJ Equity SANTAM LTD 32,812,453,800 59.8% 9.8% 15,978.65
29 SPP SJ Equity SPAR GROUP LIMITED/THE 33,480,067,400 58.5% 9.6% 15,850.35
30 JSE SJ Equity JSE LTD 11,207,210,400 55.8% 9.3% 15,582.41
31 ARL SJ Equity ASTRAL FOODS LTD 6,816,480,100 55.0% 9.2% 15,501.27
32 ADH SJ Equity ADVTECH LTD 6,061,937,300 49.5% 8.4% 14,948.96
33 IPF SJ Equity INVESTEC PROPERTY FUND LTD 10,654,130,700 42.4% 7.3% 14,239.22
34 BHP SJ Equity BHP GROUP PLC 691,217,736,676 41.6% 7.2% 14,156.92
35 KAP SJ Equity KAP INDUSTRIAL HOLDINGS LTD 14,169,679,100 40.5% 7.0% 14,047.99
36 AGL SJ Equity ANGLO AMERICAN PLC 452,855,781,614 40.1% 7.0% 14,013.50
37 EXX SJ Equity EXXARO RESOURCES LTD 48,845,098,700 37.2% 6.5% 13,715.96
38 KST SJ Equity PSG KONSULT LTD 11,061,165,000 36.5% 6.4% 13,652.65
39 RLO SJ Equity REUNERT LTD 11,929,287,600 36.0% 6.3% 13,599.49
40 EMI SJ Equity EMIRA PROPERTY FUND LTD 6,705,820,800 35.3% 6.2% 13,530.45
41 GRT SJ Equity GROWTHPOINT PROPERTIES LTD 68,332,569,600 34.1% 6.0% 13,412.46
42 SLM SJ Equity SANLAM LTD 170,477,842,900 33.3% 5.9% 13,326.93
43 PAN SJ Equity PAN AFRICAN RESOURCES PLC 5,921,922,000 33.0% 5.9% 13,301.32
44 BAW SJ Equity BARLOWORLD LTD 23,570,592,000 31.6% 5.6% 13,161.12
45 ASR SJ Equity ASSORE LTD 42,922,172,100 28.8% 5.2% 12,876.02
46 AFX SJ Equity AFRICAN OXYGEN LTD 6,857,058,200 27.7% 5.0% 12,766.89
47 ABG SJ Equity ABSA GROUP LTD 130,290,801,900 26.9% 4.9% 12,690.11
48 NED SJ Equity NEDBANK GROUP LTD 112,334,099,100 26.9% 4.9% 12,687.76
49 CFR SJ Equity FINANCIERE RICHEMONT-DEP REC 617,839,200,000 26.2% 4.8% 12,618.88
50 CLI SJ Equity CLIENTELE LTD 5,361,603,400 25.4% 4.6% 12,537.79
51 DSY SJ Equity DISCOVERY LTD 75,815,344,100 25.0% 4.6% 12,501.76
52 AIP SJ Equity ADCOCK INGRAM HOLDINGS LTD 10,150,074,200 24.7% 4.5% 12,468.10
53 DTC SJ Equity DATATEC LTD 7,152,978,200 24.5% 4.5% 12,447.87
54 RDF SJ Equity REDEFINE PROPERTIES LTD 45,476,488,200 24.3% 4.4% 12,426.25
55 RES SJ Equity RESILIENT REIT LTD 25,188,262,400 23.9% 4.4% 12,388.59
56 ARI SJ Equity AFRICAN RAINBOW MINERALS LTD 36,788,999,400 22.9% 4.2% 12,292.67
57 ANH SJ Equity ANHEUSER-BUSCH INBEV SA/NV 2,440,215,933,119 22.5% 4.1% 12,246.74
58 VOD SJ Equity VODACOM GROUP LTD 211,656,871,400 19.3% 3.6% 11,928.66
59 OMU SJ Equity OLD MUTUAL LTD 87,880,707,600 18.9% 3.5% 11,894.70
60 GTR SJ Equity GRIT REAL ESTATE INCOME GROU 5,361,930,600 16.2% 3.0% 11,618.57
61 PIK SJ Equity PICK N PAY STORES LTD 28,521,428,600 15.5% 2.9% 11,550.00
62 LBH SJ Equity LIBERTY HOLDINGS LTD 31,376,366,200 14.0% 2.7% 11,402.46
63 FFB SJ Equity FORTRESS REIT LTD-B 11,755,810,345 13.7% 2.6% 11,374.74
64 SAP SJ Equity SAPPI LIMITED 24,782,977,600 10.0% 1.9% 11,003.02
65 DGH SJ Equity DISTELL GROUP HOLDINGS LTD 28,909,706,300 9.8% 1.9% 10,982.55
66 OCE SJ Equity OCEANA GROUP LTD 9,486,830,800 7.2% 1.4% 10,720.32
67 PFG SJ Equity PIONEER FOODS GROUP LTD 23,401,197,400 6.1% 1.2% 10,613.16
68 BTI SJ Equity BRITISH AMERICAN TOBACCO PLC 1,314,837,493,105 4.9% 1.0% 10,493.15
69 INL SJ Equity INVESTEC LTD 25,541,078,143 3.8% 0.7% 10,376.64
70 HYP SJ Equity HYPROP INVESTMENTS LTD 16,840,418,100 3.2% 0.6% 10,319.98
71 AFE SJ Equity AECI LTD 11,085,228,300 2.7% 0.5% 10,269.05
72 RNI SJ Equity REINET INVESTMENTS SCA 49,655,440,700 2.3% 0.5% 10,230.27
73 INP SJ Equity INVESTEC PLC 54,823,466,993 2.2% 0.4% 10,215.00
74 MSP SJ Equity MAS REAL ESTATE INC 10,253,855,100 2.0% 0.4% 10,201.40
75 RMI SJ Equity RAND MERCHANT INVESTMENT HOL 45,372,146,100 1.4% 0.3% 10,136.18
76 MRP SJ Equity MR PRICE GROUP LTD 44,132,180,868 -2.1% -0.4% 9,792.15
77 AEL SJ Equity ALLIED ELECTRONICS COR-A SHR 9,510,047,900 -2.9% -0.6% 9,713.62
78 HPB SJ Equity HOSPITALITY PROPERTY FUND LT 5,139,790,900 -7.2% -1.5% 9,284.14
79 IMP SJ Equity IMPALA PLATINUM HOLDINGS LTD 69,076,502,000 -8.4% -1.7% 9,157.84
80 SPG SJ Equity SUPER GROUP LTD 10,625,122,900 -8.6% -1.8% 9,140.30
81 TRU SJ Equity TRUWORTHS INTERNATIONAL LTD 23,326,303,700 -8.9% -1.8% 9,110.50
82 SGL SJ Equity SIBANYE GOLD LTD 55,723,510,500 -10.2% -2.1% 8,979.93
83 ZED SJ Equity ZEDER INVESTMENTS LTD 8,061,341,900 -10.7% -2.2% 8,934.01
84 TBS SJ Equity TIGER BRANDS LTD 39,656,970,000 -12.7% -2.7% 8,726.09
85 SHP SJ Equity SHOPRITE HOLDINGS LTD 66,815,337,300 -13.0% -2.7% 8,701.59
86 THA SJ Equity THARISA PLC 5,872,500,000 -13.4% -2.8% 8,659.27
87 FBR SJ Equity FAMOUS BRANDS LTD 7,892,588,500 -13.6% -2.9% 8,638.35
88 IPL SJ Equity IMPERIAL LOGISTICS LTD 11,078,422,700 -14.5% -3.1% 8,553.45
89 TSG SJ Equity TSOGO SUN GAMING LTD 14,661,578,700 -14.5% -3.1% 8,552.89
90 COH SJ Equity CURRO HOLDINGS LTD 7,928,572,900 -15.0% -3.2% 8,503.08
91 HCI SJ Equity HOSKEN CONS INVESTMENTS LTD 8,724,259,500 -15.2% -3.3% 8,475.65
92 WHL SJ Equity WOOLWORTHS HOLDINGS LTD 57,854,358,100 -15.3% -3.3% 8,468.85
93 GLN SJ Equity GLENCORE PLC 597,031,581,200 -15.6% -3.3% 8,438.06
94 WBO SJ Equity WILSON BAYLY HOLMES-OVCON 5,999,831,700 -16.5% -3.5% 8,352.63
95 AFH SJ Equity ALEXANDER FORBES GROUP HOLDI 6,735,498,100 -20.9% -4.6% 7,912.07
96 REM SJ Equity REMGRO LTD 90,871,852,271 -21.5% -4.7% 7,847.91
97 MTM SJ Equity MOMENTUM METROPOLITAN HOLDIN 24,618,494,900 -22.5% -5.0% 7,750.57
98 RCL SJ Equity RCL FOODS LTD/SOUTH AFRICA 9,597,195,900 -28.7% -6.5% 7,130.80
99 CCO SJ Equity CAPITAL & COUNTIES PROPERTIE 32,358,004,100 -34.0% -8.0% 6,601.09
100 LHC SJ Equity LIFE HEALTHCARE GROUP HOLDIN 33,470,234,400 -38.1% -9.2% 6,187.05