Tiger Brands Ltd

TBS · JSE · Consumer Defensive / Packaged Foods

26,584.00ZAC-93.00 (-0.35%)

Price History

Full chart

Market Stats

Previous Close26,677.00

Open27,155.00

Day Range26,482.00 – 27,155.00

52-Week Range23,506.00 – 38,460.00

Volume510.92K

Market Cap36.18B

P/E (TTM)11.93

Forward P/E12.94

EPS20.74

Dividend Yield6.77%

Beta-0.04

50-Day Avg27,043.40

200-Day Avg30,099.93

About

Tiger Brands Limited engages in the manufacture and sale of fast-moving consumer goods in South Africa and internationally. It operates through Milling and Baking; Culinary; Snacks, Treats, and Beverages; and Home and Personal Care segments. The company offers wheat milling and baking; and culinary, Davita, and baby nutrition products. It operates under the Albany, All Gold, Black Cat, Crosse & Blackwell, DOOM, Energade, Fatti's & Moni's, Ingrams, Jungle Oats, KOO, Maynards, Mrs H.S Balls, Oros, PURITY, Tastic, and Benny brands. The company also exports its products to approximately 22 countries. Tiger Brands Limited was founded in 1921 and is based in Midrand, South Africa.

Company Details

SectorConsumer Defensive
IndustryPackaged Foods
CEOMr. Tjaart N. Kruger BCom (Hons), CA(SA), PMD (Harvard)
Employees8.72K
HeadquartersBuilding 3, The Ingress, Midrand, South Africa, 2090, South Africa
Websitehttps://www.tigerbrands.com

Leadership

Mr. Tjaart N. Kruger BCom (Hons), CA(SA), PMD (Harvard)Group Executive For Grains Businesses, CEO & Executive Director · b. 1961
Mr. Thushen Govender B.Com., BCom (Hons), C.A., CA(SA), M.B.A., MBA (UKCFO & Executive Director · b. 1977
Ms. Barati MahloeleInvestor Relations & Business Development Director
Mr. N. Joseph RalebepaChief Legal & Corporate Affairs · b. 1971
Ms. Sinenhlanhla MagagulaChief People Officer · b. 1974
Mr. Luigi FerriniChief Customer Officer · b. 1968
Ms. Werna OberholzerChief Corporate Affairs & Sustainability Officer
Mr. Quinton SwartManaging Director of Bakeries · b. 1977
Ms. Liezel HolmesManaging Director of Grains · b. 1984
Mr. Dumo MfiniManaging Director of Culinary · b. 1988

Financials

Income Statement

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Revenue	16.84B	20.18B	23.04B	25.42B	14.95B	16.51B	16.21B	19.89B	20.43B	19.32B	20.43B	22.68B	27.00B	30.07B	31.56B	31.70B	31.30B	28.47B	29.23B	29.80B	30.95B	34.03B	37.39B	37.66B	34.39B
Growth (%)	-	+19.84%	+14.16%	+10.34%	-41.19%	+10.45%	-1.84%	+22.69%	+2.73%	-5.45%	+5.77%	+11.00%	+19.08%	+11.36%	+4.94%	+0.44%	-1.26%	-9.02%	+2.66%	+1.93%	+3.89%	+9.93%	+9.87%	+0.73%	-8.68%
Cost of Revenue	11.68B	14.48B	17.51B	19.09B	8.88B	10.03B	10.30B	13.24B	13.28B	12.04B	12.79B	14.47B	18.57B	20.54B	21.61B	21.50B	20.86B	19.23B	20.38B	20.84B	22.14B	23.71B	27.05B	26.99B	23.62B
Gross Profit	5.16B	5.70B	5.53B	6.33B	6.07B	6.48B	5.91B	6.65B	7.15B	7.28B	7.64B	8.21B	8.44B	9.53B	9.95B	10.20B	10.44B	9.24B	8.85B	8.96B	8.81B	10.32B	10.34B	10.67B	10.77B
Gross Margin	30.65%	28.26%	24.01%	24.89%	40.58%	39.27%	36.44%	33.42%	34.99%	37.68%	37.38%	36.21%	31.25%	31.70%	31.52%	32.18%	33.36%	32.47%	30.28%	30.07%	28.46%	30.31%	27.66%	28.33%	31.32%
Operating Expense	0	0	3.62B	4.12B	3.86B	3.35B	3.46B	4.01B	3.25B	3.94B	3.95B	4.60B	4.64B	6.26B	6.61B	5.37B	5.91B	5.19B	5.80B	5.99B	4.90B	6.89B	7.22B	7.53B	6.94B
Operating Income	5.16B	5.70B	1.91B	2.21B	2.21B	3.13B	2.45B	2.64B	3.90B	3.33B	3.68B	3.61B	3.79B	3.27B	3.34B	4.83B	4.53B	4.05B	3.05B	2.97B	3.91B	3.43B	3.12B	3.14B	3.83B
Operating Margin	30.65%	28.26%	8.31%	8.68%	14.77%	18.96%	15.11%	13.28%	19.09%	17.26%	18.02%	15.91%	14.05%	10.88%	10.57%	15.24%	14.47%	14.22%	10.42%	9.98%	12.63%	10.08%	8.34%	8.35%	11.14%
EBITDA	5.16B	2.05B	2.48B	2.92B	2.69B	2.42B	2.77B	2.95B	4.25B	3.38B	3.63B	3.98B	3.84B	4.27B	4.71B	4.67B	5.10B	3.34B	3.80B	2.68B	2.87B	4.34B	3.90B	4.05B	6.88B
EBITDA Margin	30.65%	10.16%	10.76%	11.51%	17.98%	14.68%	17.11%	14.84%	20.81%	17.51%	17.76%	17.55%	14.21%	14.21%	14.93%	14.75%	16.29%	11.73%	13.00%	8.99%	9.27%	12.76%	10.43%	10.75%	19.99%
Net Income	969.40M	1.36B	1.26B	1.40B	1.57B	2.30B	2.24B	2.27B	2.49B	2.19B	2.58B	2.72B	2.57B	2.02B	1.73B	3.31B	3.12B	2.40B	3.86B	1.49B	1.89B	2.86B	2.70B	3.03B	3.82B
Net Income Margin	5.76%	6.74%	5.46%	5.49%	10.47%	13.95%	13.84%	11.43%	12.17%	11.35%	12.65%	11.99%	9.51%	6.72%	5.47%	10.43%	9.97%	8.43%	13.22%	5.01%	6.12%	8.42%	7.21%	8.04%	11.10%
R&D	-	-	-	-	-	-	-	-	-	-	-	-	17.10M	21.70M	23.60M	15.60M	16.40M	62.30M	57.50M	51.50M	58.30M	66.60M	80.00M	61.00M	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	-	-	-	-	-	0.06%	0.07%	0.07%	0.05%	0.05%	0.22%	0.20%	0.17%	0.19%	0.20%	0.21%	0.16%	-
Interest Expense	3.81B	274.50M	107.40M	579.90M	553.80M	274.80M	305.10M	290.70M	436.30M	302.30M	83.60M	174.90M	389.90M	417.80M	228.60M	298.00M	211.20M	98.90M	13.80M	60.40M	8.40M	44.20M	220.90M	320.40M	12.00M
Interest Expense % of Total Revenue	22.60%	1.36%	0.47%	2.28%	3.70%	1.66%	1.88%	1.46%	2.14%	1.57%	0.41%	0.77%	1.44%	1.39%	0.72%	0.94%	0.67%	0.35%	0.05%	0.20%	0.03%	0.13%	0.59%	0.85%	0.03%

Balance Sheet

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Total Assets	9.81B	10.52B	11.20B	12.26B	9.17B	10.28B	12.02B	12.68B	11.69B	12.98B	16.20B	17.85B	25.22B	24.85B	24.85B	24.53B	23.98B	23.93B	22.18B	22.33B	22.83B	24.02B	25.84B	26.46B	26.95B
Total Liabilities	8.01B	7.67B	7.73B	8.07B	5.80B	5.62B	6.02B	6.46B	4.40B	4.38B	5.95B	6.16B	11.31B	10.90B	11.08B	8.49B	6.92B	6.46B	6.77B	6.55B	7.13B	8.33B	8.53B	8.26B	9.72B
Total Equity	1.71B	2.73B	3.34B	4.05B	3.24B	4.47B	5.79B	5.76B	6.98B	8.32B	9.86B	11.30B	12.88B	13.18B	13.83B	15.55B	16.80B	17.30B	15.24B	15.63B	15.55B	15.55B	17.10B	17.98B	16.98B
Cash	1.95B	1.63B	1.03B	1.32B	1.33B	570.20M	489.90M	558.70M	506.20M	921.30M	506.50M	371.10M	632.90M	1.16B	1.05B	737.00M	1.22B	1.58B	1.72B	1.79B	2.16B	1.12B	775.90M	1.55B	3.07B
Total Debt	4.02B	3.19B	2.94B	2.75B	1.16B	1.50B	413.50M	1.83B	883.60M	879.80M	2.18B	1.55B	5.10B	4.65B	4.84B	2.77B	790.60M	991.20M	519.00M	338.20M	567.30M	1.49B	2.09B	1.24B	357.00M
Net Debt	2.07B	1.57B	1.91B	1.43B	-173.00M	933.50M	-76.40M	1.27B	377.40M	-41.50M	1.67B	1.18B	4.47B	3.49B	3.79B	2.03B	-430.80M	-589.90M	-1.20B	-1.45B	-1.59B	377.80M	1.32B	-305.10M	-2.71B

Cash Flow

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30

Currency: ZAR	2001-09-30	2002-09-30	2003-09-30	2004-09-30	2005-09-30	2006-09-30	2007-09-30	2008-09-30	2009-09-30	2010-09-30	2011-09-30	2012-09-30	2013-09-30	2014-09-30	2015-09-30	2016-09-30	2017-09-30	2018-09-30	2019-09-30	2020-09-30	2021-09-30	2022-09-30	2023-09-30	2024-09-30	2025-09-30
Operating Cash Flow	776.30M	920.40M	673.20M	1.54B	1.14B	919.40M	905.70M	620.40M	680.10M	1.45B	1.44B	1.31B	1.45B	1.64B	732.80M	3.23B	3.21B	748.60M	2.90B	1.61B	3.30B	2.03B	1.93B	4.59B	2.28B
Investing Cash Flow	74.60M	-332.70M	-1.19B	-863.50M	760.20M	-1.30B	-783.80M	-2.24B	132.40M	-1.10B	-2.91B	-732.40M	-3.28B	-414.80M	-1.06B	114.90M	-779.00M	-598.90M	-33.20M	-797.10M	-855.80M	-1.04B	-1.14B	-664.70M	2.02B
Financing Cash Flow	-125.70M	-915.60M	-69.10M	-434.70M	-1.98B	-286.80M	-141.50M	458.80M	100.10M	1.20M	-96.20M	-296.80M	425.50M	-1.11B	76.00M	-2.22B	-1.09B	-1.80M	-2.38B	-245.80M	-1.93B	-2.04B	-1.08B	-3.33B	-2.42B
Capital Expenditure	0	0	0	0	0	0	0	0	603.90M	634.20M	817.80M	687.30M	1.21B	982.90M	881.60M	945.40M	919.00M	719.60M	1.10B	937.10M	1.01B	961.00M	1.21B	970.40M	1.19B
Free Cash Flow	776.30M	920.40M	673.20M	1.54B	1.14B	919.40M	905.70M	620.40M	76.20M	811.80M	617.30M	626.70M	240.60M	656.80M	-148.80M	2.29B	2.29B	29.00M	1.80B	672.10M	2.28B	-357.20M	-842.40M	1.98B	1.09B
Dividends Paid	-	-	-	-	-	-	-	-	-	-	-	-	1.43B	1.47B	1.64B	1.66B	1.83B	1.85B	2.28B	740.60M	1.68B	1.39B	1.56B	1.64B	3.55B
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	11.20%	56.14%	43.01%	47.69%	16.56%	40.06%	-20.31%	70.77%	71.35%	3.87%	61.97%	41.77%	69.25%	-17.57%	-43.56%	43.10%	47.85%
Dividend Paid to FCF	-	-	-	-	-	-	-	-	-	-	-	-	592.73%	223.39%	-1104.17%	72.57%	80.15%	6394.83%	127.06%	110.19%	73.77%	-388.13%	-185.64%	82.97%	325.21%

Earnings

Report Date	Jun 20, 2022	Nov 27, 2026
EPS Estimate	5.00	-
EPS Actual	3.06	-
Surprise	-38.80%	-
Timing	After-hours	Pre-market

Key Statistics & Ratios

Market Cap36.18B

Enterprise Value40.85B

Trailing P/E11.93

Forward P/E12.94

PEG Ratio77.43

Price / Sales1.04

Price / Book3.55

EPS20.74

Book Value75.70

Revenue (TTM)34.63B

Gross Profit (TTM)11.25B

EBITDA5.01B

Profit Margin9.59%

Operating Margin11.51%

Return on Equity21.31%

Return on Assets10.33%

Shares Outstanding146.19M

Shares Float119.30M

Beta-0.04

Dividend Yield6.77%

Dividend Rate16.59

Payout Ratio77.51%

Dividends

20232×

320.00Jul 5, 2023653.00Jan 18, 2023

20222×

320.00Jun 29, 2022506.00Jan 12, 2022

20212×

320.00Jun 30, 2021537.00Jan 13, 2021

20201×

434.00Jan 8, 2020

20192×

306.00Jun 26, 2019650.95Jan 9, 2019

20182×

350.51Jun 27, 2018650.95Jan 10, 2018

20172×

350.51Jun 28, 2017650.95Jan 11, 2017

20162×

336.60Jun 27, 2016566.57Jan 11, 2016

20152×

314.35Jun 22, 2015566.57Jan 5, 2015

20142×

305.07Jun 23, 2014514.64Jan 6, 2014

20132×

287.46Jun 24, 2013514.64Jan 7, 2013

20122×

273.55Jun 25, 2012472.91Jan 9, 2012

20111×

260.56Jun 27, 2011