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RSI

Rogers Sugar TSX:RSI Stock Report

Last Price

CA$6.21

Market Cap

CA$648.2m

7D

0.2%

1Y

12.5%

Updated

27 Sep, 2022

Data

Company Financials +
RSI fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends4/6

RSI Stock Overview

Rogers Sugar Inc. engages in refining, packaging, and marketing sugar and maple products.

Rogers Sugar Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rogers Sugar
Historical stock prices
Current Share PriceCA$6.21
52 Week HighCA$6.59
52 Week LowCA$5.31
Beta0.61
1 Month Change-1.59%
3 Month Change3.33%
1 Year Change12.50%
3 Year Change17.39%
5 Year Change-1.27%
Change since IPO-11.29%

Recent News & Updates

Aug 15
Rogers Sugar (TSE:RSI) Has Affirmed Its Dividend Of CA$0.09

Rogers Sugar (TSE:RSI) Has Affirmed Its Dividend Of CA$0.09

The board of Rogers Sugar Inc. ( TSE:RSI ) has announced that it will pay a dividend of CA$0.09 per share on the 12th...

Shareholder Returns

RSICA FoodCA Market
7D0.2%-6.0%-6.4%
1Y12.5%-15.9%-8.4%

Return vs Industry: RSI exceeded the Canadian Food industry which returned -15.6% over the past year.

Return vs Market: RSI exceeded the Canadian Market which returned -7.3% over the past year.

Price Volatility

Is RSI's price volatile compared to industry and market?
RSI volatility
RSI Average Weekly Movement1.8%
Food Industry Average Movement9.3%
Market Average Movement9.9%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.8%

Stable Share Price: RSI is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: RSI's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,303Mike Waltonhttps://www.lanticrogers.com

Rogers Sugar Inc. engages in refining, packaging, and marketing sugar and maple products. The company operates through two segments, Sugar and Maple Products. It offers granulated, plantation raw, yellow, brown, organic, icing, maple, stevia, smart sweetener blend, and coconut sugar; and syrups, jam and jelly mixes, and iced tea mixes.

Rogers Sugar Fundamentals Summary

How do Rogers Sugar's earnings and revenue compare to its market cap?
RSI fundamental statistics
Market CapCA$648.15m
Earnings (TTM)CA$45.07m
Revenue (TTM)CA$981.96m

14.4x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RSI income statement (TTM)
RevenueCA$981.96m
Cost of RevenueCA$840.01m
Gross ProfitCA$141.95m
Other ExpensesCA$96.88m
EarningsCA$45.07m

Last Reported Earnings

Jul 02, 2022

Next Earnings Date

Dec 01, 2022

Earnings per share (EPS)0.43
Gross Margin14.46%
Net Profit Margin4.59%
Debt/Equity Ratio116.2%

How did RSI perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

83%

Payout Ratio

Does RSI pay a reliable dividends?

See RSI dividend history and benchmarks
When do you need to buy RSI by to receive an upcoming dividend?
Rogers Sugar dividend dates
Ex Dividend DateSep 28 2022
Dividend Pay DateOct 12 2022
Days until Ex dividend0 days
Days until Dividend pay date14 days

Does RSI pay a reliable dividends?

See RSI dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is RSI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RSI?

Other financial metrics that can be useful for relative valuation.

RSI key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA10.2x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does RSI's PE Ratio compare to its peers?

RSI PE Ratio vs Peers
The above table shows the PE ratio for RSI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.7x
LAS.A Lassonde Industries
11xn/aCA$746.4m
HLF High Liner Foods
6.2xn/aCA$426.7m
PBH Premium Brands Holdings
23.2x35.4%CA$4.0b
SAP Saputo
38.1x36.7%CA$13.7b
RSI Rogers Sugar
14.3xn/aCA$646.1m

Price-To-Earnings vs Peers: RSI is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (19.6x).


Price to Earnings Ratio vs Industry

How does RSI's PE Ratio compare vs other companies in the North American Food Industry?

Price-To-Earnings vs Industry: RSI is good value based on its Price-To-Earnings Ratio (14.3x) compared to the North American Food industry average (18.6x)


Price to Earnings Ratio vs Fair Ratio

What is RSI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RSI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RSI's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of RSI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RSI (CA$6.19) is trading below our estimate of fair value (CA$30.95)

Significantly Below Fair Value: RSI is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


3.2%

Forecasted annual revenue growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if RSI's forecast earnings growth is above the savings rate (1.6%).

Earnings vs Market: Insufficient data to determine if RSI's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if RSI's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: RSI's revenue (3.2% per year) is forecast to grow slower than the Canadian market (5.8% per year).

High Growth Revenue: RSI's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if RSI's Return on Equity is forecast to be high in 3 years time


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Past Performance

How has Rogers Sugar performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: RSI has high quality earnings.

Growing Profit Margin: RSI's current net profit margins (4.6%) are lower than last year (4.9%).


Past Earnings Growth Analysis

Earnings Trend: RSI's earnings have grown by 6.7% per year over the past 5 years.

Accelerating Growth: RSI's earnings growth over the past year (1.7%) is below its 5-year average (6.7% per year).

Earnings vs Industry: RSI earnings growth over the past year (1.7%) exceeded the Food industry -28%.


Return on Equity

High ROE: RSI's Return on Equity (13.5%) is considered low.


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Financial Health

How is Rogers Sugar's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: RSI's short term assets (CA$395.9M) exceed its short term liabilities (CA$210.7M).

Long Term Liabilities: RSI's short term assets (CA$395.9M) do not cover its long term liabilities (CA$439.7M).


Debt to Equity History and Analysis

Debt Level: RSI's net debt to equity ratio (114.6%) is considered high.

Reducing Debt: RSI's debt to equity ratio has increased from 83.2% to 116.2% over the past 5 years.

Debt Coverage: RSI's debt is not well covered by operating cash flow (8.6%).

Interest Coverage: RSI's interest payments on its debt are well covered by EBIT (4.7x coverage).


Balance Sheet


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Dividend

What is Rogers Sugar current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


5.80%

Current Dividend Yield

Dividend Yield vs Market

Rogers Sugar Dividend Yield vs Market
How does Rogers Sugar dividend yield compare to the market?
SegmentDividend Yield
Company (Rogers Sugar)5.8%
Market Bottom 25% (CA)2.1%
Market Top 25% (CA)6.1%
Industry Average (Food)2.7%
Analyst forecast in 3 Years (Rogers Sugar)5.8%

Notable Dividend: RSI's dividend (5.82%) is higher than the bottom 25% of dividend payers in the Canadian market (2.05%).

High Dividend: RSI's dividend (5.82%) is low compared to the top 25% of dividend payers in the Canadian market (5.95%).


Stability and Growth of Payments

Stable Dividend: RSI's dividends per share have been stable in the past 10 years.

Growing Dividend: RSI's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (82.9%), RSI's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (222.6%), RSI's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

2.7yrs

Average management tenure


CEO

Mike Walton

11.42yrs

Tenure

CA$1,259,190

Compensation

Mr. Michael M. Walton, also known as Mike, serves as President and Chief Executive Officer at Rogers Sugar Inc. and Lantic Inc. since October 04, 2021. He was the Chief Operating Officer at Lantic Inc. sin...


CEO Compensation Analysis

Mike Walton's Compensation vs Rogers Sugar Earnings
How has Mike Walton's remuneration changed compared to Rogers Sugar's earnings?
DateTotal Comp.SalaryCompany Earnings
Jul 02 2022n/an/a

CA$45m

Apr 02 2022n/an/a

CA$49m

Jan 01 2022n/an/a

CA$51m

Oct 02 2021CA$1mCA$425k

CA$48m

Jul 03 2021n/an/a

CA$44m

Apr 03 2021n/an/a

CA$43m

Jan 02 2021n/an/a

CA$33m

Oct 03 2020CA$728kCA$373k

CA$35m

Jun 27 2020n/an/a

-CA$18m

Mar 28 2020n/an/a

-CA$13m

Dec 28 2019n/an/a

-CA$6m

Sep 28 2019CA$448kCA$319k

-CA$8m

Jun 29 2019n/an/a

CA$41m

Mar 30 2019n/an/a

CA$42m

Dec 29 2018n/an/a

CA$42m

Sep 29 2018CA$802kCA$314k

CA$49m

Jun 30 2018n/an/a

CA$43m

Mar 31 2018n/an/a

CA$31m

Dec 30 2017n/an/a

CA$29m

Sep 30 2017CA$627kCA$295k

CA$22m

Jul 01 2017n/an/a

CA$34m

Apr 01 2017n/an/a

CA$54m

Dec 31 2016n/an/a

CA$57m

Oct 01 2016CA$447kCA$280k

CA$66m

Jul 02 2016n/an/a

CA$57m

Apr 02 2016n/an/a

CA$39m

Jan 02 2016n/an/a

CA$37m

Oct 03 2015CA$388kCA$274k

CA$24m

Compensation vs Market: Mike 's total compensation ($USD918.79K) is about average for companies of similar size in the Canadian market ($USD1.27M).

Compensation vs Earnings: Mike 's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: RSI's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: RSI's board of directors are considered experienced (5.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RSI insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

TSX:RSI Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
15 Aug 22SellCA$138,866John HollidayIndividual21,800CA$6.37
05 Jul 22BuyCA$7,693M. Dallas RossIndividual1,270CA$6.06
05 Jul 22BuyCA$5,845M. Daniel LafranceIndividual965CA$6.06
05 Jul 22BuyCA$5,845William MaslechkoIndividual965CA$6.06
05 Jul 22BuyCA$11,539Michael HeskinIndividual1,905CA$6.06
05 Jul 22BuyCA$13,144Donald JewellIndividual2,170CA$6.06
05 Jul 22BuyCA$5,845Gary CollinsIndividual965CA$6.06
05 Jul 22BuyCA$5,845Dean BergmameIndividual965CA$6.06
05 Jul 22BuyCA$6,330Stephanie WilkesIndividual1,045CA$6.06
05 Jul 22BuyCA$5,845Shelley PottsIndividual965CA$6.06
15 Jun 22SellCA$72,500John HollidayIndividual11,600CA$6.25
14 Jun 22SellCA$584,066John HollidayIndividual90,900CA$6.59
07 Jun 22SellCA$261,946John HollidayIndividual41,800CA$6.30
27 May 22SellCA$470,125John HollidayIndividual74,500CA$6.31
06 Apr 22BuyCA$5,841William MaslechkoIndividual955CA$6.12
06 Apr 22BuyCA$7,676M. Dallas RossIndividual1,255CA$6.12
06 Apr 22BuyCA$5,841M. Daniel LafranceIndividual955CA$6.12
06 Apr 22BuyCA$11,345Michael HeskinIndividual1,855CA$6.12
06 Apr 22BuyCA$12,996Donald JewellIndividual2,125CA$6.12
06 Apr 22BuyCA$5,841Gary CollinsIndividual955CA$6.12
06 Apr 22BuyCA$5,841Dean BergmameIndividual955CA$6.12
06 Apr 22BuyCA$6,208Stephanie WilkesIndividual1,015CA$6.12
29 Mar 22SellCA$605,868John HollidayIndividual96,200CA$6.30
25 Mar 22SellCA$553,238John HollidayIndividual88,000CA$6.29
21 Mar 22SellCA$316,988Jean-Francois KhalilIndividual61,626CA$5.58
17 Mar 22BuyCA$316,988Jean-Francois KhalilIndividual61,626CA$5.58
14 Mar 22SellCA$9,495Patrick DionneIndividual1,500CA$6.33
10 Mar 22BuyCA$15,000Hugo PietteIndividual2,400CA$6.25
09 Mar 22SellCA$489,498John HollidayIndividual78,875CA$6.21
08 Mar 22SellCA$153,964Gary NagribiankoIndividual25,240CA$6.10
24 Feb 22SellCA$447,123Patrick DionneIndividual76,696CA$5.92
22 Feb 22SellCA$187,200Michael WaltonIndividual32,000CA$5.85
05 Jan 22BuyCA$7,688M. Dallas RossIndividual1,275CA$6.03
05 Jan 22BuyCA$5,849William MaslechkoIndividual970CA$6.03
05 Jan 22BuyCA$5,849M. Daniel LafranceIndividual970CA$6.03
05 Jan 22BuyCA$11,246Michael HeskinIndividual1,865CA$6.03
05 Jan 22BuyCA$12,874Donald JewellIndividual2,135CA$6.03
05 Jan 22BuyCA$5,849Gary CollinsIndividual970CA$6.03
05 Jan 22BuyCA$5,849Dean BergmameIndividual970CA$6.03
05 Jan 22BuyCA$6,211Stephanie WilkesIndividual1,030CA$6.03
21 Dec 21SellCA$211,400Michael WaltonIndividual35,000CA$6.04
04 Oct 21BuyCA$5,815M. Daniel LafranceIndividual1,065CA$5.46
04 Oct 21BuyCA$5,836William MaslechkoIndividual1,065CA$5.48
04 Oct 21BuyCA$7,644M. Dallas RossIndividual1,400CA$5.46
04 Oct 21BuyCA$5,836Michael HeskinIndividual1,065CA$5.48
04 Oct 21BuyCA$5,836Donald JewellIndividual1,065CA$5.48
04 Oct 21BuyCA$5,836Gary CollinsIndividual1,065CA$5.48
04 Oct 21BuyCA$5,815Dean BergmameIndividual1,065CA$5.46
04 Oct 21BuyCA$5,836Stephanie WilkesIndividual1,065CA$5.48

Ownership Breakdown

What is the ownership structure of RSI?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders709,6610.7%
Institutions14,865,91314.2%
General Public88,796,47185.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 14.83% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
10.9%
Belkorp Capital Management Inc.
11,380,823CA$70.7m0%100%
1.81%
Dimensional Fund Advisors LP
1,890,334CA$11.7m0.81%no data
0.51%
BlackRock, Inc.
534,429CA$3.3m0.09%no data
0.19%
SEI Investments Company
193,903CA$1.2m0%no data
0.13%
State Street Global Advisors, Inc.
139,231CA$864.6k0.46%no data
0.13%
Donald Jewell
135,443CA$841.1k-48.55%no data
0.12%
M. Dallas Ross
120,153CA$746.2k1.07%no data
0.11%
Amundi Asset Management
117,800CA$731.5k0%no data
0.11%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
112,125CA$696.3k0%no data
0.079%
Geode Capital Management, LLC
82,730CA$513.8k0.02%no data
0.073%
TD Asset Management, Inc.
76,416CA$474.5k-19.03%no data
0.064%
Michael Heskin
66,539CA$413.2k2.95%no data
0.062%
Michael Walton
64,641CA$401.4k0%no data
0.061%
M. Daniel Lafrance
63,767CA$396.0k1.54%no data
0.059%
Dean Bergmame
61,371CA$381.1k1.6%no data
0.058%
John Holliday
61,014CA$378.9k-26.32%no data
0.058%
Credit Suisse Asset Management (Switzerland)
60,019CA$372.7k9.3%no data
0.054%
The Vanguard Group, Inc.
56,792CA$352.7k0%no data
0.052%
UBS Asset Management
54,550CA$338.8k-222.72%no data
0.049%
Mackenzie Financial Corporation
51,539CA$320.1k-7.27%no data
0.046%
William Maslechko
47,595CA$295.6k2.07%no data
0.03%
Mercer Global Investments Europe Limited
31,354CA$194.7k0%no data
0.025%
Jean-Francois Khalil
26,233CA$162.9k0%no data
0.025%
Patrick Dionne
25,805CA$160.2k0%no data
0.022%
KLP Kapitalforvaltning AS
22,800CA$141.6k0%no data

Company Information

Rogers Sugar Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Rogers Sugar Inc.
  • Ticker: RSI
  • Exchange: TSX
  • Founded: NaN
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: CA$648.150m
  • Shares outstanding: 104.37m
  • Website: https://www.lanticrogers.com

Number of Employees


Location

  • Rogers Sugar Inc.
  • 123 Rogers Street
  • Vancouver
  • British Columbia
  • V6B 3V2
  • Canada


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RSITSX (The Toronto Stock Exchange)YesCommon SharesCACADOct 1998
RSGU.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 1998
16RDB (Deutsche Boerse AG)YesCommon SharesDEEUROct 1998

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/27 00:00
End of Day Share Price2022/09/27 00:00
Earnings2022/07/02
Annual Earnings2021/10/02


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.