Definitely.
Mk III Valentine vs Panzer III
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The condition we are dealing with:
The Mk III Valentine vs Panzer III Face off is in the Deserts of Africa.
-Tons of Sand
-You choose your Tank and may Upgrade it with Parts available till April 1943.
-Set up and explain your way of engagement.
-No support.
-Panzer III is only available to Panzer III Sonder Ausf. JGood Luck Commander!
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The IIIJ has a 50mm L60. I would take that against the Valentine any day.
Might need to hit it in flank, but with the extra 10MPH I would hope I could manoeuvre around it, if my first shell(unluckily) bounced off the frontal armour.
Its puny 2 Pounder would not bother me much I suspect.