Zeda is the company behind the Avis and Budget signs you see at South African airports. It is one of the largest vehicle rental and leasing businesses in sub-Saharan Africa, and it is unusually cheap on paper. Full nameZeda Limited Ticker / exchangeZZD / Johannesburg Stock Exchange (JSE) HeadquartersKempton Park, South Africa SectorIndustrials — Rental & Leasing Services Employees1,962 Market valueR2.73bn (US$164m) Yearly sales (TTM)R10.82bn (US$651m) Net profit (TTM)R672m (US$40m) Net margin6.4% Return on equity21.3% Price-to-earnings4.0x Dividend yield14% Websitezeda.co.za What it is Zeda rents and leases vehicles. Its Car Rental …
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