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B a c k s to r y

B a c k s to r y

Market Cap — Market Capitalisation. YTD — Year to Date. TRI — Total Return Index. P:E — Price:Earnings ratio as at most recent annual results, Forward P:E — Price:Earnings ratio as at next annual results. HEPS — Headline Earnings per Share. Trailing HEPS — HEPS at the time of the most recent annual results presentation. EST. forward HEPS — HEPS as estimated by analysis as at next annual results presentation. * — all companies quoted in rand.

COMPANY CLOSING PRICE

(MONDAY) (c) MARKET CAP (Rm) SHARE PRICE RETURN YTD (%)

TRI RETURN YTD (%) P:E FORWARD P:E TRAILING HEPS (*) EST. FORWARD HEPS (*) DIVIDEND YIELD (%) FORWARD DIVIDEND YIELD (%) 3-YEAR AVERAGE RoE (%) PUCSP VIEW PEG RATIO

Prosus N.V. 128909 2,673,113 -19.74 -19.59 23.81 22.11 5414.13 5829.83 0.19 NA 14.81 138806.61 BUY 0.42 Anheuser-Busch InBev SA/NV 92206 1,601,729 -11.26 -10.49 23.88 21.20 3860.60 4350.14 0.95 1.80 7.68 103898.01 BUY 0.25 British American Tobacco plc 57713 1,324,332 5.81 12.23 9.67 8.74 5968.33 6600.33 NA 7.67 9.67 63824.37 BUY 0.30 Compagnie Financière Richemont SA 24521 1,279,996 87.04 90.76 32.39 36.60 757.13 670.02 1.25 16.04 9.65 21699.63 BUY 4.88 Glencore plc 7772 1,133,639 65.96 72.32 16.57 7.37 468.94 1054.53 3.00 4.46 -3.18 17477.28 BUY 0.08 Naspers Ltd. 251369 1,094,740 -16.75 -16.52 17.79 14.39 14129.38 17465.16 0.26 0.49 17.86 310714.19 BUY 0.10 BHP Group plc 45651 964,182 17.34 29.79 10.40 7.73 4388.77 5902.55 9.82 10.91 19.55 61397.00 BUY 0.06 Anglo American plc 61731 830,104 28.76 37.20 6.35 6.71 9714.92 9198.75 5.81 9.58 13.14 58451.16 HOLD 0.06 Anglo American Platinum Ltd. 175991 466,890 21.95 29.13 6.62 6.25 26574.00 28152.71 6.57 9.33 28.05 186446.30 HOLD 0.02 FirstRand Ltd. 5671 318,114 11.11 16.31 11.80 10.30 480.50 550.50 1.94 5.66 16.50 6497.16 BUY 1.45 MTN Group Ltd. 16050 302,425 166.66 166.66 22.73 16.40 706.00 978.50 NA 2.78 13.98 22244.94 BUY 0.28 Vodacom Group Ltd. 13132 241,086 5.57 12.42 13.78 12.38 953.00 1060.50 6.32 6.37 18.18 14613.31 HOLD 6.18 Capitec Bank Holdings Ltd. 191286 221,178 33.52 35.87 27.92 26.35 6851.00 7259.67 1.46 1.58 21.22 202696.34 SELL 3.06 Standard Bank Group Ltd. 13207 213,947 3.93 8.63 10.56 8.98 1250.20 1471.13 4.54 5.68 12.21 15540.92 BUY -2.86 South32 Ltd. 4292 199,838 52.31 57.10 29.32 9.01 146.40 476.57 1.67 7.80 0.32 NA BUY 0.06 Mondi plc 38418 186,540 11.97 15.07 17.05 14.88 2253.26 2582.32 2.80 3.17 18.56 44028.45 HOLD 2.28 Sasol Ltd. 27677 174,106 106.65 106.65 7.00 6.93 3953.00 3992.74 NA 4.98 -16.58 27955.27 BUY 0.12 Impala Platinum Holdings Ltd. 20409 166,794 1.08 12.39 4.40 4.91 4635.00 4152.65 10.78 12.98 25.07 NA BUY -0.05 Kumba Iron Ore Ltd. 44150 142,201 -29.11 -16.01 3.75 3.73 11766.00 11838.50 25.82 25.97 40.03 NA SELL 0.08 Gold Fields Ltd. 15927 141,387 15.77 20.42 9.63 9.79 1654.24 1626.94 3.33 2.95 4.25 15664.14 BUY 0.04 Sibanye Stillwater Ltd. 4844 136,039 -19.27 -10.31 3.10 4.06 1561.00 1192.00 12.65 8.61 11.50 NA BUY -0.02 Sanlam Ltd. 5795 129,053 -1.36 3.89 12.77 19.81 453.90 292.50 5.18 NA 10.50 3734.39 BUY 40.21 AngloGold Ashanti Ltd. 30380 126,826 -11.30 -9.12 8.52 10.56 3564.16 2876.35 2.61 0.78 10.42 24517.30 HOLD 0.03 Absa Group Ltd. 14548 123,331 21.37 23.87 8.82 7.16 1649.40 2032.50 2.13 4.47 9.87 17927.01 BUY -0.81 Shoprite Holdings Ltd. 20505 121,254 46.46 51.23 21.44 21.05 956.30 973.98 2.65 2.65 18.49 20883.99 HOLD 9.25 Bid Corporation Ltd. 31258 104,841 18.84 20.28 35.99 20.99 868.40 1489.25 1.28 1.92 9.89 53605.45 BUY 104.53 Aspen Pharmacare Holdings Ltd. 21462 97,964 71.19 73.05 17.82 13.63 1204.30 1575.14 1.22 1.41 8.66 28070.87 BUY 2.06 Discovery Ltd. 13601 90,551 -11.42 -11.42 29.91 14.60 454.70 931.67 NA NA 7.39 27868.04 BUY 0.17 Sasol Ltd. 14300 89,917 88.16 88.16 NA NA 3953.00 NA NA NA -16.58 NA NA NA Nedbank Group Ltd. 16644 84,696 28.54 31.72 9.39 8.90 1772.00 1870.87 2.60 4.40 10.69 17572.62 BUY -1.11 Pepkor Holdings Ltd. 2185 80,785 60.31 60.31 16.14 16.58 135.40 131.75 2.02 1.99 2.28 2126.10 NA 0.46 Northam Platinum Holdings Ltd. 19925 79,026 -4.91 -98.58 7.41 6.29 2687.90 3166.00 NA 7.02 20.59 23469.08 BUY 0.01 Clicks Group Ltd. 30641 74,755 21.27 24.04 38.61 31.65 793.70 968.00 1.60 2.15 36.77 37369.90 BUY 3.36 Rand Merchant Investment Holdings Ltd. 4507 69,039 40.62 42.50 23.52 10.87 191.60 414.50 1.00 NA 11.59 9750.27 BUY 4.33 Remgro Ltd. 12743 67,438 32.46 33.41 24.96 12.64 510.60 1008.15 0.71 1.39 6.01 25160.31 BUY 6.50 The Bidvest Group Ltd. 18461 62,818 17.57 21.65 15.60 9.58 1183.30 1927.33 3.25 3.56 9.43 30068.78 BUY 0.96 NEPI Rockcastle plc 10206 62,154 9.16 16.25 15.79 14.55 646.42 701.33 6.03 6.59 3.72 11073.00 BUY 0.99 Investec plc 8147 56,710 116.39 128.45 9.60 9.59 848.38 849.35 4.66 NA 13.93 8156.36 BUY 2.65 Old Mutual Ltd. 1181 55,608 15.67 3.53 15.03 NA 78.60 NA 4.36 NA 18.84 NA NA -0.41 MultiChoice Group Ltd. 12356 54,677 -7.79 -2.82 44.13 13.32 280.00 927.67 4.57 5.23 16.30 NA BUY 0.21 Woolworths Holdings Ltd. 5115 53,804 29.36 30.80 13.66 14.02 374.40 364.75 1.29 4.05 13.50 4983.16 HOLD 0.56 Reinet Investments SCA 27390 53,668 -0.62 0.97 8.14 684.75 3363.00 40.00 1.57 1.67 2.75 325.78 BUY -0.11 Exxaro Resources Ltd. 15102 53,254 8.73 35.55 3.54 2.84 4267.00 5316.25 21.98 26.04 19.94 NA BUY 0.05 Mr Price Group Ltd. 20155 51,686 18.11 20.71 17.03 16.56 1183.20 1216.75 3.70 3.80 29.15 20726.50 BUY 17.13 Quilter plc 3016 50,432 -1.89 1.57 36.07 17.20 83.62 175.35 3.71 NA 12.03 6324.50 BUY 0.89 Growthpoint Properties Ltd. 1431 49,095 13.84 24.09 8.42 8.64 169.98 165.64 8.28 9.89 0.35 1394.43 HOLD 0.53 African Rainbow Minerals Ltd. 21344 47,908 -18.51 -6.18 3.19 4.29 6688.00 4972.20 14.06 15.44 23.71 NA BUY 0.04 Mediclinic International plc 6227 45,908 9.36 9.36 18.99 13.60 327.84 457.98 NA NA -3.76 8698.80 BUY -1.24 Royal Bafokeng Platinum Ltd. 15510 44,826 137.23 165.13 5.44 6.80 2851.00 2280.50 7.16 9.40 6.63 12406.37 BUY 0.01 The Foschini Group Ltd. 12052 39,895 17.80 17.80 17.87 12.58 674.60 957.67 1.41 3.33 7.77 17109.10 HOLD -1.09 Harmony Gold Mining Company Ltd. 5929 36,554 -17.19 -15.33 6.01 9.67 987.00 613.11 2.31 0.30 0.42 3683.01 HOLD 0.05 Distell Group Holdings Ltd. 16200 36,143 70.45 70.45 21.05 14.78 769.60 1096.00 NA NA 8.50 23070.69 BUY 0.69 Vivo Energy plc 2816 35,677 66.14 72.91 16.64 18.50 169.28 152.25 2.91 2.59 18.29 2532.73 BUY -1.15 Ninety One plc 5431 33,815 19.07 25.83 14.08 NA 385.79 NA 5.04 NA 82.14 NA NA 0.91 Sirius Real Estate Ltd. 2866 33,517 48.50 50.68 37.08 24.25 77.30 118.17 2.42 NA 15.30 4381.39 BUY 0.99 Tiger Brands Ltd. 17487 33,194 -16.00 -11.95 15.51 11.34 1127.30 1542.20 4.72 5.17 14.69 23923.05 SELL -1.38 Life Healthcare Group Holdings Ltd. 2214 32,487 31.63 33.05 19.93 12.23 111.10 181.10 1.13 4.74 8.76 3608.94 BUY 2.06 Textainer Group Holdings Ltd. 55416 32,159 94.45 95.93 8.75 NA 6332.04 NA 0.73 NA 4.84 NA NA 0.30 The SPAR Group Ltd. 16505 31,789 -12.92 -8.75 13.80 11.54 1196.20 1430.03 4.94 6.12 26.71 19731.28 BUY 3.92 MAS P.L.C. 2000 30,000 56.86 65.71 15.86 16.00 126.13 125.00 4.99 4.80 4.29 1982.08 BUY 0.05 Santam Ltd. 25750 29,646 1.07 2.93 19.81 22.99 1300.00 1120.00 1.68 NA 18.82 22184.62 BUY -9.12 Barloworld Ltd. 14731 29,499 61.70 66.94 11.68 11.16 1261.20 1320.00 2.97 3.61 7.10 15417.79 BUY 0.06 Transaction Capital Ltd. 4082 29,431 64.00 66.15 27.77 19.05 147.00 214.30 1.27 2.08 13.05 5950.83 SELL 0.62 Hammerson Plc 660 29,137 26.92 28.47 89.07 32.75 7.41 20.15 1.23 NA -25.62 NA SELL -1.87 Dis-Chem Pharmacies Ltd. 3376 29,036 60.69 63.24 37.30 31.95 90.50 105.67 1.50 1.14 29.59 3941.78 HOLD 22.54 Bytes Technology Group plc 12000 28,738 79.91 80.55 48.79 NA 245.94 NA 0.34 NA 119.02 NA NA NA Redefine Properties Ltd. 432 28,300 29.73 47.99 6.01 6.65 71.88 65.00 13.92 1654.86 -9.98 390.64 BUY -0.53 Capital & Counties Properties PLC 3318 28,245 16.18 16.52 -96.51 NA -34.38 NA 0.31 NA -18.83 NA NA -2.46

jse top stocks

Dividend Yield — Dividend Yield as at most recent annual results. Forward Dividend Yield — Dividend yield as at next annual results. Three-year average RoE — three-year average Return on Equity. PUCSP — Potential upside from current share price (1 year target price). View — Consensus Buy/Hold/Sell recommendations. PEG Ratio — Price:Earnings to Growth ratio as at most recent annual results. ¿ ¿ ¿

COMPANY CLOSING PRICE

(MONDAY) (c) MARKET CAP (Rm) SHARE PRICE RETURN YTD (%)

TRI RETURN YTD (%) P:E FORWARD P:E TRAILING HEPS (*) EST. FORWARD HEPS (*) DIVIDEND YIELD (%) FORWARD DIVIDEND YIELD (%) 3-YEAR AVERAGE RoE (%) PUCSP VIEW PEG RATIO

Momentum Metropolitan Holdings Ltd. 1804 27,014 14.47 16.98 58.38 6.05 30.90 298.00 2.22 NA 4.67 NA HOLD -4.39 Pick n Pay Stores Ltd. 5309 26,197 5.63 9.31 21.51 16.73 246.81 317.25 3.71 4.48 37.58 6824.20 BUY 2.50 Investec Ltd. 8200 26,150 123.80 136.47 9.67 11.24 848.38 729.41 4.63 NA 13.93 7050.10 BUY 2.35 Telkom SA SOC Ltd. 5070 25,915 65.09 65.09 8.61 8.83 588.70 574.17 0.99 1.05 6.37 4944.84 BUY 0.21 Liberty Holdings Ltd. 8906 25,489 43.69 43.69 24.97 14.83 356.60 600.50 NA 5.09 3.85 14997.34 BUY -0.89 AVI Ltd. 7467 25,161 1.98 11.85 14.94 13.37 499.90 558.50 5.83 6.09 37.18 8342.31 BUY 8.48 Sappi Ltd. 4417 25,044 34.58 34.58 59.49 6.93 74.25 637.56 NA 1.36 1.07 NA BUY -4.99 Montauk Renewables Inc. 16690 23,535 -22.37 -22.37 -44.15 NA -378.04 NA NA NA 2.88 NA NA NA Resilient REIT Ltd. 5678 22,719 34.23 46.22 80.93 12.16 70.16 466.90 7.55 8.15 -0.13 NA HOLD -0.84 Truworths International Ltd. 4989 21,319 35.39 45.07 9.59 9.32 520.30 535.30 7.02 6.92 8.41 5132.83 HOLD -2.92 Italtile Ltd. 1606 21,226 8.51 15.75 11.46 NA 140.10 NA 3.49 NA 22.72 NA NA 0.80 Netcare Ltd. 1395 20,075 11.60 11.60 22.68 11.40 61.50 122.33 2.44 5.09 11.47 2774.88 HOLD 0.06 Motus Holdings Ltd. 10464 19,650 86.86 95.07 8.88 7.95 1179.00 1316.50 3.97 5.12 11.71 11684.36 BUY 0.15 PSG Group Ltd. 8372 18,692 39.81 39.81 2.26 38.40 3699.00 218.00 NA NA 55.08 NA BUY 0.08 Coronation Fund Managers Ltd. 4855 16,983 12.46 23.24 9.95 NA 487.90 NA 9.68 NA 63.55 NA NA 3.51 Karooooo Ltd. 53500 16,559 7.00 7.00 35.30 NA 1515.50 NA NA NA 38.79 NA NA NA PSG Konsult Ltd. 1181 15,751 31.22 34.19 20.15 NA 58.60 NA 2.24 NA 19.74 NA NA 1.03 Ninety One Ltd. 5247 15,746 19.25 26.21 13.60 NA 385.79 NA 5.22 NA 82.14 NA NA 0.88 Equites Property Fund Ltd. 2131 15,527 22.68 32.93 10.43 12.84 204.30 166.00 7.46 7.70 6.37 1731.50 BUY -1.88 Fortress REIT Ltd. 1202 14,323 -11.94 -7.22 13.43 7.13 89.50 168.50 6.21 13.73 -4.91 2262.98 BUY 0.16 Lighthouse Capital Ltd. 830 13,486 21.52 29.52 -3.28 NA -252.80 NA 6.43 NA -28.79 NA NA 0.03 Massmart Holdings Ltd. 6044 13,245 43.84 43.84 -36.06 29.56 -167.60 204.50 NA NA -24.37 NA HOLD 0.87 Imperial Logistics Ltd. 6260 12,702 67.60 70.70 18.86 12.23 332.00 512.00 1.33 3.91 7.40 9653.98 HOLD 20.07

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