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Cheapest emerging-market stocks (KZ, UZ, ID, MX, PH, RU, ZA)

Kazakhstan, Uzbekistan, Indonesia, Mexico, Philippines, Russia and South Africa ranked by lowest EV/EBITDA. Recomputed daily from filings and market quotes. Not investment advice. Updated: 2026-09-30

#CompanyMarketSectorEV/EBITDAP/EDiv yieldMcap, $bn
1Momentum Group MTMZAInsurance1.3x7.3x5.2%3.0
2Telkom SA TKGZATelecom1.7x7.1x5.2%1.5
3Indofood Sukses Makmur INDFIDConsumer staples1.9x6.2x4.3%3.3
4Kumba Iron Ore KIOZAIron ore2.1x6.1x10.4%4.3
5African Rainbow Minerals ARIZADiversified mining2.6x7.6x7.0%1.8

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