Tiger Brands Ltd.

Tiger Brands is a manufacturer of branded food products. Co. provides a range of categories spanning food, home and personal care products. Co. operates through:The Grains division, which includes maize and wheat milling, bakeries, sorghum beverages and breakfast, rice, oats and pulses, and pasta; The Consumer brands division, which provides groceries, snacks and treats, beverages, value added meat products, out of home, home, personal care and baby; The Exports and International division, which includes, among others, Tiger Brands International Langeberg & Ashton Foods, and Chocolaterie Confiserie Camerounaise; and Nigeria business, which comprises of Deli Foods and Dangote Flour Mills.
  • Ticker1052
  • ISINZAE000071080
  • ExchangeJohannesburg Stock Exchange
  • SectorFood Producers
  • CountrySouth Africa

Analysts

TIGER BRANDS LTD. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of TIGER BRANDS LTD. (ZA), a company active in the Food Products industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date July 23, 2019, the closing price was ZAR 235.68 and its potential was estimated at ZAR 268.04.

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Walking the talk

We believe Tiger Brands diverse portfolio of strong brands, provides its management with a good platform to accelerate top line growth and earnings. Management needs to regain credibility by: 1. Further consolidating its portfolio by disposing of underperforming assets. The Deli Foods and UAC Foods Nigerian businesses are currently under review. 2. A more effective turnaround strategy for the VAMP business post the Listeriosis crisis. 3. Defending market share in core categories such as bread, rice and breakfast cereals. 4. Driving innovation to increase mix towards premium, higher mar...

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Corporate governance considerations

TBS receives a corporate governance score of 3.42 out of 5 (FY '17: 3.40) and is rated as ‘good'.

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Beware the Tiger

Tiger Brands (TBS) FY '18 results were weak with HEPS down 26% yoy to c.1 587cps. Excluding losses from the Listeria afflicted meats business and related once-off costs, underlying group HEPS fell 11% yoy to 1 881cps. TBS aims to change the format of product packaging to taylored formats requested specifically by retailers and wholesalers in their distribution channel to recover market share losses across TBS categories. New executives have been appointed to drive these initiatives and increase TBS's response to consumer buying behaviour. In Q4 '18, TBS experienced an improvement in market...

A director sold 1,533 shares at 418.500ZAR and

A director at Tiger Brands sold 1,533 shares at 418.500ZAR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Walking the talk

We believe Tiger Brands diverse portfolio of strong brands, provides its management with a good platform to accelerate top line growth and earnings. Management needs to regain credibility by: 1. Further consolidating its portfolio by disposing of underperforming assets. The Deli Foods and UAC Foods Nigerian businesses are currently under review. 2. A more effective turnaround strategy for the VAMP business post the Listeriosis crisis. 3. Defending market share in core categories such as bread, rice and breakfast cereals. 4. Driving innovation to increase mix towards premium, higher mar...

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Corporate governance considerations

TBS receives a corporate governance score of 3.42 out of 5 (FY '17: 3.40) and is rated as ‘good'.

Jiten Bechoo ...
  • Pratish Soni

Tiger Brands | Beware the Tiger

Tiger Brands (TBS) FY '18 results were weak with HEPS down 26% yoy to c.1 587cps. Excluding losses from the Listeria afflicted meats business and related once-off costs, underlying group HEPS fell 11% yoy to 1 881cps. TBS aims to change the format of product packaging to taylored formats requested specifically by retailers and wholesalers in their distribution channel to recover market share losses across TBS categories. New executives have been appointed to drive these initiatives and increase TBS's response to consumer buying behaviour. In Q4 '18, TBS experienced an improvement in market...

Victor Dima

Tiger Brands (HOLD, TP ZAR 415/share) - H1 17A result review: Sales growth impacted by lower volumes, EBIT margin solid ; 5 year plan targets 100 to 160 bps EBIT margin improvement

​TBS targets an increase in gross profit margin of 150 to 180 bps over five years and plans to make “significant savings” to provide funding for reinvestment and to take advantage of future growth opportunities.  An increase in operating margin of between 100 to 160bps is expected over the same 5- year period to 2022.TBS reported H1 17A sales at ZAR 16.4bn; +7% y/y (from continued operations). Sales were c.7% below ACe (c.4% lower adjusted for disc ops), but were significantly weaker than the 4m sales growth of 12% y/y. This was primarily driven by a weak performance in last two months of H1 1...

A director sold 1,533 shares at 418.500ZAR and

A director at Tiger Brands sold 1,533 shares at 418.500ZAR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

TIGER BRANDS LTD. sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of TIGER BRANDS LTD. (ZA), a company active in the Food Products industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date July 23, 2019, the closing price was ZAR 235.68 and its potential was estimated at ZAR 268.04.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch