South Central Africa’s companies are the smallest in Sub-Saharan Africa excluding South Africa with the largest company ranking number 36 of the Top 30 companies in Sub-Saharan Africa excluding South Africa.

Dramatic price movements of some Zambia stocks in the past year; Copperbelt Energy Corp, Zambia Sugar Plc and ZANACO were up 118, 203% and 227% respectively.

1 of the 5 countries represented in the report had positive US$ returns (YTD):

1. Zambia 27.9%

Fundamental valuation outliers

NOTE: Valuations figures are listed as at 30 September 2022. Please click on the company name for an updated share price.

Companies with the highest and lowest Return on Equity

1. Airtel Malawi 89.7% with a share price at 51.18 MWK
2. RDC Properties Limited 6.9% with a share price at 2.18 BWP

Companies with the highest and lowest Price to Earnings Ratio

1. EcoCash Holdings Zimbabwe 86.8x with a share price at 55.99 ZWL
2. Engen Botswana Limited 4.3x with a share price at 10.90 BWP

Companies with the highest and lowest Dividend Yield

1. StanChart Zambia 15.9% with a share price at 1.33 ZMK
2. Namibian Breweries, EcoCash Holdings Zimbabwe, and Zambian Breweries are currently not paying dividends.

Companies with the highest and lowest Price to Book Value Ratio

1. EcoCash Holdings Zimbabwe 20.33x with a share price at 55.99 ZWL
2. Standard Bank Namibia 0.56x with a share price at 4.70 ZMK

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