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.
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|