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TFL

TasFoodsASX:TFL Stock Report

Market Cap

AU$34.1m

7D

-3.0%

1Y

-3.0%

Updated

22 Oct, 2021

Data

Company Financials
TFL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

TFL Overview

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for TasFoods
Historical stock prices
Current Share PriceAU$0.097
52 Week HighAU$0.095
52 Week LowAU$0.14
Beta0.048
1 Month Change-7.62%
3 Month Change-19.17%
1 Year Change-3.00%
3 Year Change-30.71%
5 Year Change-58.72%
Change since IPO-96.63%

Recent News & Updates

May 13
It's Probably Less Likely That TasFoods Limited's (ASX:TFL) CEO Will See A Huge Pay Rise This Year

It's Probably Less Likely That TasFoods Limited's (ASX:TFL) CEO Will See A Huge Pay Rise This Year

In the past three years, shareholders of TasFoods Limited ( ASX:TFL ) have seen a loss on their investment. Despite...

Mar 02
Is TasFoods (ASX:TFL) Using Debt Sensibly?

Is TasFoods (ASX:TFL) Using Debt Sensibly?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Shareholder Returns

TFLAU FoodAU Market
7D-3.0%-1.3%0.7%
1Y-3.0%1.4%21.4%

Return vs Industry: TFL underperformed the Australian Food industry which returned 1.4% over the past year.

Return vs Market: TFL underperformed the Australian Market which returned 21.4% over the past year.

Price Volatility

Is TFL's price volatile compared to industry and market?
TFL volatility
TFL Beta0.048
Industry Beta0.55
Market Beta1

Stable Share Price: TFL is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TFL's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aScott Hadleyhttps://www.tasfoods.com.au

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia and internationally. The company operates through Dairy and Poultry segments. It offers poultry meat products under Nichols Poultry, Nichols Ethical Free Range, and Nichols Kitchen brands; and wasabi flowers and leaves, as well as fresh wasabi stems and powdered wasabi.

TasFoods Fundamentals Summary

How do TasFoods's earnings and revenue compare to its market cap?
TFL fundamental statistics
Market CapAU$34.13m
Earnings (TTM)-AU$619.00k
Revenue (TTM)AU$68.95m

0.5x

P/S Ratio

-55.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TFL income statement (TTM)
RevenueAU$68.95m
Cost of RevenueAU$36.60m
Gross ProfitAU$32.35m
ExpensesAU$32.97m
Earnings-AU$619.00k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0018
Gross Margin46.92%
Net Profit Margin-0.90%
Debt/Equity Ratio14.3%

How did TFL perform over the long term?

See historical performance and comparison

Valuation

Is TasFoods undervalued compared to its fair value and its price relative to the market?

0.9x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TFL's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TFL's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TFL is unprofitable, so we can't compare its PE Ratio to the Australian Food industry average.

PE vs Market: TFL is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TFL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TFL is good value based on its PB Ratio (0.9x) compared to the AU Food industry average (1.6x).


Future Growth

How is TasFoods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TasFoods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has TasFoods performed over the past 5 years?

-5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TFL is currently unprofitable.

Growing Profit Margin: TFL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TFL is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.

Accelerating Growth: Unable to compare TFL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TFL is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (45.2%).


Return on Equity

High ROE: TFL has a negative Return on Equity (-1.64%), as it is currently unprofitable.


Financial Health

How is TasFoods's financial position?


Financial Position Analysis

Short Term Liabilities: TFL's short term assets (A$16.4M) exceed its short term liabilities (A$10.5M).

Long Term Liabilities: TFL's short term assets (A$16.4M) exceed its long term liabilities (A$6.8M).


Debt to Equity History and Analysis

Debt Level: TFL's debt to equity ratio (14.3%) is considered satisfactory.

Reducing Debt: TFL's debt to equity ratio has increased from 1.4% to 14.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TFL has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: TFL has less than a year of cash runway if free cash flow continues to grow at historical rates of 8.2% each year.


Dividend

What is TasFoods's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TFL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TFL's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TFL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TFL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TFL's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average board tenure


CEO

Scott Hadley

no data

Tenure

Mr. Scott Hadley has experience in a range of public companies in Australia building premium brands, leading teams and developing go to market and supply chain organisations. For the last eight year, he ha...


Board Members

Experienced Board: TFL's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 9.3%.


Top Shareholders

Company Information

TasFoods Limited's employee growth, exchange listings and data sources


Key Information

  • Name: TasFoods Limited
  • Ticker: TFL
  • Exchange: ASX
  • Founded: 1998
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: AU$34.135m
  • Shares outstanding: 351.90m
  • Website: https://www.tasfoods.com.au

Location

  • TasFoods Limited
  • 52-54 Tamar Street
  • Launceston
  • Tasmania
  • 7250
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:39
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.