LIST: Sunday Times Top 100 companies – Property leads the way

Winning any award is a feather in the cap, a marketer’s dream, and topping the Sunday Times Top 100 companies is no different. The awards track the best performing business listed on the Johannesburg Securities Exchange over a five year horizon.The 2015 prize went to Fortress Income Fund, a property entity listed in 2009. It’s the first time a property company has won the award, with the company delivering an average annual compound return of 72.70%. The best performing Top 40 company, according to the metric, was the investment holding group Brait SE, which delivered a return of 48.28%. The full list of the top 100 companies is below. The other notable, but to be expected outcome is that Pan African Resources and Sephaku are the only two resource companies in the top 100. The awards also saw a lifetime achievement given to Mr Shoprite, Christo Wiese. – Stuart Lowman

Sunday Times Media Release

Johannesburg, 28 October 2015:  For the first time since the inception of the Awards, both the Sunday Times Business Leader of the Year and the Sunday Times Lifetime Achievement Awards were bestowed on the same recipient, Dr Christo Wiese. This was at the annual Sunday Times Top 100 Companies Awards banquet held in Sandton last night, where Fortress Income Fund Ltd was announced as the Sunday Times Top Company for 2015. Only five companies obtained status as Sunday Times Royal Companies.

Mark Stevens, CEO of Fortress Income Fund,
Mark Stevens CEO of Fortress Income Fund. The property group was named as the Sunday Times top company for 2015.

The Sunday Times Top 100 Companies tracks the best-performing businesses on the JSE, acknowledging those with the highest shareholder returns over the past five years. The results are highly anticipated by the business sector each year.  With an average annual compound return of 72.70%, Fortress Income Fund Limited earned top spot in the rankings.

Mark Stevens, CEO of Fortress Income Fund Limited, celebrated the achievement saying, “We are honoured to be recognised by our peers in receiving this acknowledgement. It has been a true team effort and everyone at Fortress deserves our thanks for a job well done. Moving forward it’s business as usual as we strive to continue maximising value and providing our shareholders with great returns.”

Sunday Times editor Phylicia Oppelt explains “what makes the Top 100 Companies so successful is that the recipients of the individual awards are voted for by members of the business community. It is therefore an exceptional endorsement of Dr Wiese that he received two prestigious accolades from his peers.”

The Business Leader of the Year Award is regarded as the ultimate accolade, with the recipient being decided by CEOs of the Sunday Times Top 100 Companies from the previous year. Dr Wiese joins the ranks of previous winners Johan van Zyl, Michael Jordaan, Phuthuma Nhleko, Johann Rupert, Brian Joffe, Graham Mackay, Maria Ramos, Adrian Gore and Whitey Basson. Similarly, the Lifetime Achievement Award recognises Dr Wiese’s consistent contribution to the South African economy.

Commenting on the awards, Dr Wiese says that he “feels grateful and humbled at the same time, the reason being that there are so many unsung heroes in our society. On the other hand one has great appreciation for the contribution made by tens of thousands of one’s colleagues in achieving this highly regarded recognition.”

Previous Lifetime Achievers include Laurie Dippenaar, Bobby Godsell, Nelson Mandela, Allan Gray, Stephen Koseff, Richard Maponya, Bill Venter, Nthato Motlana, Donald Gordon, Sam Motsuenyane, Koos Bekker, Raymond Ackerman, Anton Rupert and Brian Joffe.

The Sunday Times Royal Companies are those which have placed in the top twenty positions of the Sunday Times Top 100 Companies for three consecutive years.  This year these companies are Coronation Fund Managers, EOH Holdings, Mondi, Mr Price Group and Naspers.

RANK COMPANY AVERAGE ANNUAL
COMPOUND RETURN
(%)
1 FORTRESS INCOME FUND 72.70
2 TRUSTCO GROUP HOLDINGS 70.43
3 EOH HOLDINGS 69.38
4 TASTE HOLDINGS 53.06
5 CORONATION FUND MANAGERS 51.47
6 AFRIMAT 49.38
7 BRAIT SE 48.28
8 CAPITAL & COUNTIES PROPERTIES plc 47.76
9 PSG GROUP 47.27
10 ONELOGIX GROUP 45.53
11 MONDI plc 44.92
12 NASPERS 42.09
13 NEW EUROPE PROPERTY INVESTMENTS plc 42.07
14 CONDUIT CAPITAL 42.06
15 SUPER GROUP 41.18
16 CONSOLIDATED INFRASTRUCTURE GROUP 40.37
17 MR PRICE GROUP 40.06
18 CASHBUILD 39.34
19 RESILIENT PROPERTY INCOME FUND 38.40
20 PIONEER FOODS GROUP 38.07
21 STEINHOFF INTERNATIONAL HOLDINGS 36.94
22 FAMOUS BRANDS 36.49
23 WOOLWORTHS HOLDINGS 35.81
24 MEDICLINIC INTERNATIONAL 35.70
25 AVI 32.98
26 ASPEN PHARMACARE HOLDINGS 32.87
27 DISCOVERY 32.60
28 CAPITEC BANK HOLDINGS 31.96
29 METAIR INVESTMENTS 31.67
30 AFROCENTRIC INVESTMENT CORPORATION 31.47
31 ZEDER INVESTMENTS 31.39
32 OCEANA GROUP 30.90
33 FIRSTRAND 30.46
34 ITALTILE 29.86
35 SPUR CORPORATION 29.33
36 RMB HOLDINGS 29.32
37 NET 1 UEPS TECHNOLOGIES Inc 29.26
38 GRAND PARADE INVESTMENTS 28.70
39 METROFILE HOLDINGS 28.53
40 PEREGRINE HOLDINGS 28.33
41 HOWDEN AFRICA HOLDINGS 28.33
42 COMPAGNIE FIN RICHEMONT 28.23
43 LIFE HEALTHCARE GROUP 28.17
44 NETCARE 27.80
45 KAP INDUSTRIAL HOLDINGS 27.52
46 BRITISH AMERICAN TOBACCO plc 26.65
47 SANLAM 25.78
48 HYPROP INVESTMENTS 25.68
49 SABMILLER plc 25.44
50 OMNIA HOLDINGS 25.10
51 OLD MUTUAL plc 24.87
52 CLIENTELE LIFE ASSURANCE 24.80
53 VODACOM GROUP 24.78
54 MUSTEK 24.54
55 ELB GROUP 24.10
56 REMGRO 23.26
57 DISTELL GROUP 23.20
58 CAPITAL PROPERTY FUND 22.93
59 PINNACLE HOLDINGS 22.06
60 CLICKS GROUP 21.91
61 THE BIDVEST GROUP 21.84
62 THE SPAR GROUP 21.66
63 INVICTA HOLDINGS 21.04
64 BRIMSTONE INVESTMENT CORPORATION 20.81
65 THE FOSCHINI GROUP 20.50
66 ADVTECH 20.44
67 MIX TELEMATICS 20.23
68 SEPHAKU HOLDINGS 20.18
69 REINET INVESTMENTS S.C.A 20.02
70 SA CORPORATE REAL ESTATE FUND 19.86
71 DATATEC 19.83
72 ARB HOLDINGS 19.80
73 PHUMELELA GAMING AND LEISURE 19.68
74 SANTAM 19.53
75 J S E 19.38
76 BLUE LABEL TELECOMS 19.23
77 MMI HOLDINGS 18.95
78 INVESTEC plc 18.92
79 LIBERTY HOLDINGS 18.70
80 TRANSPACO 18.14
81 BARLOWORLD 17.39
82 REDEFINE PROPERTIES 17.20
83 TRADEHOLD 17.20
84 CITY LODGE HOTELS 17.18
85 GROWTHPOINT PROPERTIES 17.10
86 PAN AFRICAN RESOURCES plc 16.01
87 IMPERIAL HOLDINGS 16.00
88 NAMPAK 15.60
89 HOSKEN CONSOLIDATED INVESTMENTS 15.51
90 ASTRAL FOODS 15.47
91 VUKILE PROPERTY FUND 15.38
92 TELKOM SA SOC 15.16
93 OCTODEC INVESTMENTS 15.14
94 INTU PROPERTIES plc 15.13
95 EMIRA PROPERTY FUND 14.94
96 HUDACO INDUSTRIES 14.92
97 COMBINED MOTOR HOLDINGS 14.67
98 NEDBANK GROUP 14.51
99 SHOPRITE HOLDINGS 14.43
100 SYCOM PROPERTY FUND 14.35