200 TOP PERFORMERS 2009
Ranking IRR
Company
IRR 5 yrs to Mar 2008

EPS growth
over
5-yr period
Return on equity over
5-yr period

Return on
assets over
5-yr period

Dividend yield
5-yr ave
Pretax profit growth
over
5-yr period
1
African Dawn Capital
119,02
55,35
-5,15
-4,2
0
493,14
2
Howden Africa Holdings
92,12
64,58
220,62
7,07
15,34
114,83
3
Basil Read Holdings
91,01
78,69
-17,91
-4,92
17,43
86,86
4
Southern Electricity Company
84,81
14,87
-13,65
-29,72
0
-57,17
5
Highveld Steel & Vanadium
82,26
41,33
87,22
70,89
8,15
172,2
6
The York Timber Organisation
78,74
103,5
39,43
29,01
3,69
857,83
7
Convergenet Holdings
77,93
24,18
-41,97
-10,57
0
908,2
8
Stella Vista Technologies
77,83
16,12
26,74
115,97
0
132,8
9
ISA Holdings
74,57
89,6
-14,61
-19,23
3,78
210,88
10
Cadiz Holdings
72,85
12,5
18,2
-9,57
3,08
36,48
11
Queensgate Hotel & Leisure
71,88
3,71
36,25
-18,99
0
138,82
12
Metrofile Holdings
71,49
-48,14
33,65
11,84
0
-38,21
13
Alliance Mining Corp
71,08
-
-
-
-
-
14
Dynamic Cables RSA
70,75
6,22
-29,99
-3,68
0
47,58
15
Hosken Consolidated Invest
69,75
76,85
-17,99
-25,96
0,92
83,45
16
Digicore Holdings
67,32
53,88
16,26
6,81
4,91
191,55
17
Dorbyl
64,33
-13,04
-17,62
-14,38
43,78
-53,1
18
Cenmag Holdings
58,11
58,6
38,03
9,09
0
224,97
19
Eureka Industrial
57,97
40,63
-15,14
46,61
6,65
42,66
20
Wooltru
57,59
-33,17
-27,88
-26,78
0
-76,66
21
Grindrod
55,7
8,51
15,34
42,49
4,34
259,18
22
Simmer & Jack Mines
53,57
106,99
18,33
-23,11
0
1 146,4
23
Onelogix Group
53,42
114,43
-39,73
-5,35
0
109,36
Ranking IRR
Company
IRR 5 yrs to Mar 2008
EPS growth
over
5-yr period
Return on equity over
5-yr period
Return on
assets over
5-yr period
Dividend yield
5-yr ave
Pretax profit growth
over
5-yr period
24
Lonrho Plc
53,39
66,51
17,08
21,94
0
-55,05
25
Assore
52,56
88,06
61,22
40,6
1,29
452,13
26
Foneworx Holdings
51,46
70,06
-3,73
1,83
0
303,6
27
Pinnacle Technology Holdings
51,2
70,91
47,21
9,31
1,73
320,57
28
Woolworths Holdings
50,98
12,29
18,49
6,94
4,15
49,66
29
Coal of Africa
50,51
-
-
-
-
-
30
Buildmax
49,04
65,62
50,08
29,33
0,18
223,26
31
Wilson Bayly Holmes-Ovcon
48,78
47,32
26,01
17,91
1,98
241,51
32
Sovereign Food Investments
48,5
35,21
13,73
3,83
0
148,49
33
Famous Brands
47,75
41,04
300,27
22,85
2,54
189,98
34
New Africa Investments
47,67
-64,87
2,38
12,98
1 466,67
-30,54
35
Sentula Mining
47,48
-10,65
-17,35
-11,03
1,98
117,81
36
Hwange Colliery Company
47,34
-
-
-
-
-
37
PSG Group
46,44
33,08
-3,47
23,94
8,97
345,09
38
Capitec Bank Holdings
46,18
41,29
9,17
-2,93
2,36
157,75
39
Shoprite Holdings
45,37
40,01
12,48
11,8
3,12
133,57
40
Petmin
44,98
8,88
-53,46
-51,82
0
-10,75
41
Monyetla Property Fund
43,32
-
-
-
-
-
42
Cape Empowerment Trust
42,56
117,59
7,78
-3,2
0
387,24
43
Pinnacle Point Group
42,52
-
-
-
-
-
44
S&J Land Holdings
41,42
5,92
-41,04
-41,04
10
-73,48
45
Premium Properties
41,04
-40,13
8,68
-6,4
0,05
365,75
46
AdvTech
40,98
43,28
69,91
11,67
0,17
783,1
47
Sasfin Holdings
40,6
47,32
15,35
-0,02
6,71
175,29
48
Element1
40,49
58,72
360,82
132,13
1,63
870
49
African Media Entertainment
40,38
133,69
29,69
15,23
1,33
164,87
50
Colliers SA Holdings
40,2
3,3
-25,08
-21,28
0
-27,49
51
The Don Group
39,51
43,1
-5,54
9,45
0
138,01
52
Zambia Copper Investments
39,33
-10,63
-53,07
-34,35
0
-69,32
53
Brimstone Investment Corp
39,24
85,09
25,46
21,89
4,6
574,07
54
Distribution & Warehousing
38,92
54,25
12,36
2,64
0
194,77
55
Octodec Investments
38,54
24,07
-7,77
-6,04
0,04
161,95
56
ArcelorMittal SA
38,07
56,09
8,52
8,73
4,78
80,89
57
Command Holdings
37,97
45,03
39,9
80,53
0
174,14
58
Conduit Capital
37,97
48,04
18,19
9,25
0
1 033,35
59
Hyprop Investments
37,52
24,54
-45
-12,66
0
133,01
60
Phumelela Gaming & Leisure
37,16
12,97
-4,79
-3,52
3,5
74,04
61
African Bank Investments
36,92
8,55
3,12
-4,76
9,12
58,37
62
Peregrine Holdings
36,74
53,89
17,23
12,71
2,82
272
63
Astral Foods
36,31
11,51
-2,1
-2,59
6,19
28,23
64
Merchant & Ind Prop
35,88
49,97
17,01
17,77
4,89
1 193,78
65
Aquarius Platinum
35,68
-
-
-
-
-
66
Resilient Property Income Fund
35,3
-
-
-
-
-
67
Truworths International
34,95
28,1
14,2
12,07
4,49
85,43
68
KWV Beleggings
34,9
27,69
-5,91
-5,9
5,13
68,08
Ranking IRR
Company
IRR 5 yrs to Mar 2008
EPS growth
over
5-yr period
Return on equity over
5-yr period
Return on
assets over
5-yr period
Dividend yield
5-yr ave
Pretax profit growth
over
5-yr period
69
Invicta Holdings
33,64
20,46
3,5
-10,4
5,06
32,56
70
Group Five
33,61
33,39
2,26
1,06
2,66
121,79
71
Distell Group
33,52
27,66
9,59
6,08
4,86
82,59
72
Aflease Gold
33,44
81,37
85,85
45,13
0
1 357,44
73
Naspers
33,36
124,19
-9,8
3,14
1,1
326,29
74
Northam Platinum
33,15
39,51
21,37
16,67
8,06
123,19
75
Mr Price Group
32,58
25,09
12,94
6,89
4,41
77,7
76
Aveng
32,56
37,9
-5,88
-3,32
2,05
108,64
77
The Spar Group
32,55
-
-
-
-
-
78
MTN Group
32,21
52,33
12,85
3
0,58
168,9
79
Murray & Roberts Holdings
32,02
26,28
57,37
24,56
2,62
265,35
80
Emergent Properties
31,95
121,01
180,67
58,03
0
974,33
81
Tongaat Hulett
31,8
-31,6
60,75
39,05
4,14
151,57
82
Illovo Sugar
31,56
4,64
10,17
43,59
3,98
370,41
83
EOH Holdings
31,53
25,17
3,01
-8,77
2,9
109,99
84
SABVest
31,48
20,57
23,77
12,17
1,44
237,6
85
Rainbow Chicken
31,36
11,47
1,92
1,6
5,09
73,44
86
Hudaco Industries
31,21
21,44
6,57
-0,49
5,02
56,93
87
Capital Property Fund
30,12
10,57
33,68
33,77
9,14
511,55
88
Gold Reef Resorts
30,11
8,8
3,21
-8,17
3,56
54,7
89
Ambit Properties
29,95
-
-
-
-
-
90
Sun International
29,9
57,54
154
84,24
2,94
457,86
91
Paracon Holdings
29,2
35,24
36,07
30,56
1,69
125,72
92
Sasol
29,09
24,37
14,11
16,15
3,33
89,46
93
Growthpoint Properties
29,03
49,67
48,56
-30,05
0,01
394,17
94
Remgro
29
12,35
-17,39
-17,09
3,59
6,87
95
Zurich Insurance Company SA
28,52
21,63
26,93
26,42
3,81
134,79
96
Cargo Carriers
28,41
36,52
-8,7
-5,05
2,91
65,59
97
Tiger Brands
28,05
81,35
12,82
9,41
3,62
44,77
98
BHP Billiton Plc
27,84
54,87
25,64
23,01
2,2
174,41
99
Massmart Holdings
27,81
22,29
26,86
6,92
4,62
72,8
100
Pretoria Portland Cement Co
27,78
-24,51
34,45
15,59
7,68
54,69
101
Sable Holdings
27,59
22,79
56,6
4,53
1,97
180,07
102
City Lodge Hotels
27,49
20,53
6,11
6,28
5,1
63,54
103
Real Africa Holdings
27,23
18,26
56,86
31,59
2,83
63,45
104
Set Point Technology Holdings
27,09
32,5
3,24
10,75
3,31
155,6
105
Kumba Iron Ore
27,01
-
-
-
-
-
106
Absa Group
26,89
36,94
49,28
6,9
4,42
258,7
107
Control Instruments Group
26,88
37,03
70,84
66,68
58,27
570,76
108
Reunert
26,72
28,86
7,83
2,17
5,5
63,3
109
Redefine Income Fund
26,48
31,01
21,63
23,34
5,16
778,46
110
Foschini
26,45
27,52
14,72
9,09
4,97
85,64
111
Cashbuild
26,43
29,24
-0,19
0,26
3,33
83,57
112
Bonatla Property Holdings
26,34
-0,41
95,83
12,86
0
46,09
113
Blue Financial Services
26,29
-
-
-
-
-
Ranking IRR
Company
IRR 5 yrs to Mar 2008
EPS growth
over
5-yr period
Return on equity over
5-yr period
Return on
assets over
5-yr period
Dividend yield
5-yr ave
Pretax profit growth
over
5-yr period
114
Kagiso Media
26,27
15,55
69,63
10,96
6,46
67,46
115
Barloworld
25,37
0,71
4,08
63,94
4,32
482,81
116
Rex Trueform Clothing Company
25,29
26,1
25,57
25,02
4,61
59,54
117
Comair
25,09
18,83
11,88
53,81
2,44
66,61
118
Aspen Pharmacare Holdings
24,98
23,94
-18,07
-10,89
0,88
83,52
119
Argent Industrial
24,9
19,56
-0,42
5,33
2,72
116,46
120
Wesco Investments
24,78
-20,2
21,46
27,28
12,24
126,99
121
Pangbourne Properties
24,69
23,48
-28,64
-11,75
4,49
117,23
122
Emira Property Fund
24,61
-
-
-
-
-
123
Kairos Industrial Holdings
24,57
-4,36
-26,24
-21,11
0
-16,57
124
Metropolitan Holdings
24,5
41,87
-15,01
-14,88
5,83
40,77
125
Acucap Properties
24,37
7,91
-45,51
-10,03
0
99,45
126
Village Main Reef Gold Min
24,33
99,05
99,74
52,5
0
443,59
127
M Cubed Holdings
24,28
-19,23
-18,24
11,21
2,45
-28,71
128
Santam
24,24
27,02
25,83
13,38
7,92
92,08
129
Adcorp Holdings
24,21
12,2
94,36
20,9
5,83
283,92
130
Crookes Brothers
24,21
3,43
-0,4
-0,34
3,77
12,6
131
Fountainhead Property Trust
23,76
10,65
-17,98
-16,55
7,88
1,49
132
Spanjaard
23,71
28,71
20,72
5,61
4,36
173,9
133
Brait SA
23,49
67,87
8,72
11,13
10,82
81,6
134
African & Overseas Enterprises
23,24
19,72
20,04
20,34
3,96
46,7
135
Vukile Property Fund
23,19
-
-
-
-
-
136
Adaptit Holdings
22,66
3,82
-8,94
-5,22
5,64
22,55
137
African Rainbow Minerals
22,65
61,04
58,04
62,28
0,52
843,53
138
Compagnie Fin Richemont
22,6
19,6
7,15
9,12
22,23
64,11
139
Sycom Property Fund
22,55
1,82
-8,67
-7,6
7,56
55,74
140
Venter Leisure & Comm Trailers
22,42
21,4
-33,46
17,2
0
18,95
141
Excellerate Holdings
22,35
13,53
-7,15
-5,54
0,55
49,01
142
RMB Holdings
22,35
16,08
5,49
4,38
4,8
60,45
143
SABMiller Plc
22,12
20,39
-25,17
-0,22
2,49
57,35
144
Datacentrix Holdings
22,09
18,99
2,8
4,74
5,43
58,3
145
Value Group
22,06
12,69
-8,8
-12,63
1,07
21,81
146
AVI
22,05
-4,52
11,6
1,9
4,37
-8,96
147
The Bidvest Group
22,03
17,39
15,29
4,99
1,79
68,29
148
Barnard Jacobs Mellet Holdings
21,94
100,06
4,42
-6,29
4,69
57,31
149
Ingenuity Property Investments
21,93
-33,46
-40,32
-6,7
0
92,8
150
Spur Corp
21,85
21,41
-0,53
-2,47
2,93
48,01
151
Standard Bank Group
21,69
21,13
71,72
-2,85
3,75
100,4
152
Allied Electronics Corp
21,25
20,21
4,09
-1,15
3,67
30,75
153
ApexHi Properties
21,25
-9,97
19,19
-5,35
0
542,85
154
Mutual & Federal Insurance
21,03
52,48
31,68
30,58
14,81
628,3
155
Impala Platinum Holdings
21,02
-16,67
5,94
6,36
5,08
119,54
156
Omnia Holdings
20,82
2,77
-3,42
-8,23
3,09
26,11
157
FirstRand
20,55
16,33
2,41
-0,63
4,39
51,58
158
New Clicks Holdings
20,45
15,42
41,46
17,72
1,95
59,12
Ranking IRR
Company
IRR 5 yrs to Mar 2008
EPS growth
over
5-yr period
Return on equity over
5-yr period
Return on
assets over
5-yr period
Dividend yield
5-yr ave
Pretax profit growth
over
5-yr period
159
Exxaro Resources
20,22
1,98
-8,83
-5,18
3,41
35,38
160
Pick n Pay Stores
20,11
14,23
-14,54
9,75
4
55,81
161
Combined Motor Holdings
20,05
-19,15
8,11
-4,73
4,38
44,16
162
Primeserv Group
19,99
-6,24
-2,56
0,81
1,02
-19,76
163
Anglo Platinum
19,81
14,82
0,16
-3,15
4,06
48,55
164
Jasco Electronics Holdings
19,5
-3,32
-11,47
-10,96
3,26
49,27
165
Sanlam
19,5
21,09
36,47
26,77
4,32
409,44
166
Medi-Clinic Corp
19,25
6,19
-16,06
-23,73
1,56
42,48
167
Discovery Holdings
19
12,82
-6,5
6,48
0,63
83,95
168
Silverbridge Holdings
18,94
67,47
16,49
4,99
0
237,41
169
KAP International Holdings
18,89
66,79
9,6
-0,99
0,27
229,4
170
Telkom SA
18,77
39,09
29,64
12,32
5,57
122,53
171
ELB Group
18,7
117,47
42,65
38,09
3,17
282,85
172
Micromega Holdings
18,69
17,76
-29,36
1,38
0
82,37
173
Pick n Pay Holdings
18,68
29,38
71,22
24,58
4,4
227,75
174
Investec
18,54
-49,4
-7,3
4,15
4,71
124,2
175
Italtile
18,3
-44,56
-1,67
0,04
3,2
54,45
176
Oando Plc
18,13
-
-
-
-
-
177
Metmar
18,02
-
-
-
-
-
178
Investec Plc
17,6
-11,37
47,58
2,08
4,69
336,87
179
Corvus Capital (SA) Holdings
17,08
-43,35
-21,15
54,4
0
-78,04
180
Allied Technologies
17,07
8,36
-5,37
-12,46
4,55
-3,87
181
Trencor
16,89
-1,56
-10,21
27,45
1,37
24,53
182
Compu Clearing Outsourcing
16,77
10,89
11,63
9,53
5,49
27,97
183
Coronation Fund Managers
16,44
27,18
-5,48
-6,86
4,34
28,04
184
Nedbank Group
15,85
7,76
23,88
0,53
3,45
155,17
185
Netcare
15,79
6,03
-25,77
-14,11
0
4,54
186
Masonite (Africa)
15,67
23,25
9,3
11,72
3,38
77,6
187
Mercantile Bank Holdings
15,08
-47,46
-38,53
24,6
0
-25,56
188
Steinhoff International Holdings
14,48
20,2
235,18
12
0,95
147,75
189
Bell Equipment
14,24
23,62
30,53
20,07
0,36
104,04
190
UCS Group
14,08
25,37
185,69
29,01
3,24
213,48
191
Sacoil Holdings
14
15,68
-9,56
11,82
0
75,01
192
Indequity Group
13,76
12,13
17,35
3,34
0,89
33,41
193
African Oxygen
13,19
9,5
-2,21
-3,1
7,39
-1,12
194
Fairvest Property Holdings
13,12
26,43
42,7
0,63
0
14,02
195
Caxton CTP Pub & Printers
13,11
15,56
8,6
6,57
2,62
40,63
196
Anglo American Plc
13,05
27,31
5,5
8,25
2,73
32,4
197
SA Corp Real Estate Fund
12,91
4,79
-11,07
-9,14
9,44
94,36
198
AECI
12,83
0,87
3,1
-0,97
3,3
41,52
199
Mobile Industries
12,76
-1,12
-14,24
-9,13
1,48
31,94
200
Afgri
12,01
-2,86
-1,37
0,49
8,74
-4,96
Source: McGregor BFA