| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
TATE Stock Overview
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally.
Tate & Lyle Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£7.30 |
| 52 Week High | UK£8.21 |
| 52 Week Low | UK£6.24 |
| Beta | 0.54 |
| 1 Month Change | 12.03% |
| 3 Month Change | 9.97% |
| 1 Year Change | 9.38% |
| 3 Year Change | 7.29% |
| 5 Year Change | 9.31% |
| Change since IPO | 82.55% |
Recent News & Updates
Is Tate & Lyle plc (LON:TATE) Expensive For A Reason? A Look At Its Intrinsic Value
Today we will run through one way of estimating the intrinsic value of Tate & Lyle plc ( LON:TATE ) by taking the...
Tate & Lyle's (LON:TATE) Upcoming Dividend Will Be Larger Than Last Year's
Tate & Lyle plc ( LON:TATE ) has announced that it will be increasing its dividend on the 5th of January to UK£0.09...
Shareholder Returns
| TATE | GB Food | GB Market | |
|---|---|---|---|
| 7D | 1.6% | -1.4% | -0.5% |
| 1Y | 9.4% | -1.4% | 8.7% |
Return vs Industry: TATE exceeded the UK Food industry which returned -1.4% over the past year.
Return vs Market: TATE matched the UK Market which returned 8.7% over the past year.
Price Volatility
| TATE volatility | |
|---|---|
| TATE Average Weekly Movement | 2.7% |
| Food Industry Average Movement | 4.0% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in GB Market | 10.7% |
| 10% least volatile stocks in GB Market | 2.5% |
Stable Share Price: TATE is less volatile than 75% of UK stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: TATE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1903 | 4,441 | Nick Hampton | https://www.tateandlyle.com |
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products. The company offers texturants; nutritive sweeteners, such as high fructose corn syrup and dextrose; health and wellness ingredients; and stabilizers.
Tate & Lyle Fundamentals Summary
| TATE fundamental statistics | |
|---|---|
| Market Cap | UK£3.39b |
| Earnings (TTM) | UK£220.00m |
| Revenue (TTM) | UK£2.87b |
15.4x
P/E Ratio1.2x
P/S RatioIs TATE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TATE income statement (TTM) | |
|---|---|
| Revenue | UK£2.87b |
| Cost of Revenue | UK£1.67b |
| Gross Profit | UK£1.21b |
| Expenses | UK£986.00m |
| Earnings | UK£220.00m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.47 |
| Gross Margin | 42.01% |
| Net Profit Margin | 7.66% |
| Debt/Equity Ratio | 44.0% |
How did TATE perform over the long term?
See historical performance and comparisonDividends
4.2%
Current Dividend Yield65%
Payout RatioValuation
Is Tate & Lyle undervalued compared to its fair value and its price relative to the market?
15.42x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TATE (£7.3) is trading above our estimate of fair value (£5.99)
Significantly Below Fair Value: TATE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TATE is good value based on its PE Ratio (15.4x) compared to the UK Food industry average (16.7x).
PE vs Market: TATE is good value based on its PE Ratio (15.4x) compared to the UK market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: TATE is poor value based on its PEG Ratio (7.6x)
Price to Book Ratio
PB vs Industry: TATE is overvalued based on its PB Ratio (2.3x) compared to the GB Food industry average (1.2x).
Future Growth
How is Tate & Lyle forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
2.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TATE's forecast earnings growth (2% per year) is above the savings rate (0.9%).
Earnings vs Market: TATE's earnings (2% per year) are forecast to grow slower than the UK market (12.1% per year).
High Growth Earnings: TATE's earnings are forecast to grow, but not significantly.
Revenue vs Market: TATE's revenue (1.4% per year) is forecast to grow slower than the UK market (4.9% per year).
High Growth Revenue: TATE's revenue (1.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TATE's Return on Equity is forecast to be low in 3 years time (16.6%).
Past Performance
How has Tate & Lyle performed over the past 5 years?
-2.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TATE has a large one-off loss of £94.0M impacting its September 30 2021 financial results.
Growing Profit Margin: TATE's current net profit margins (7.7%) are lower than last year (8%).
Past Earnings Growth Analysis
Earnings Trend: TATE's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: TATE's earnings growth over the past year (38.4%) exceeds its 5-year average (-2.1% per year).
Earnings vs Industry: TATE earnings growth over the past year (38.4%) exceeded the Food industry 12.2%.
Return on Equity
High ROE: TATE's Return on Equity (14.6%) is considered low.
Financial Health
How is Tate & Lyle's financial position?
Financial Position Analysis
Short Term Liabilities: TATE's short term assets (£2.3B) exceed its short term liabilities (£754.0M).
Long Term Liabilities: TATE's short term assets (£2.3B) exceed its long term liabilities (£856.0M).
Debt to Equity History and Analysis
Debt Level: TATE's net debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: TATE's debt to equity ratio has reduced from 61.1% to 44% over the past 5 years.
Debt Coverage: TATE's debt is well covered by operating cash flow (45.7%).
Interest Coverage: TATE's interest payments on its debt are well covered by EBIT (14.1x coverage).
Balance Sheet
Dividend
What is Tate & Lyle current dividend yield, its reliability and sustainability?
4.25%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TATE's dividend (4.25%) is higher than the bottom 25% of dividend payers in the UK market (1.37%).
High Dividend: TATE's dividend (4.25%) is in the top 25% of dividend payers in the UK market (4.04%)
Stability and Growth of Payments
Stable Dividend: TATE's dividends per share have been stable in the past 10 years.
Growing Dividend: TATE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.5%), TATE's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: TATE's dividends in 3 years are forecast to be well covered by earnings (47.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Nick Hampton (54 yo)
3.75yrs
Tenure
UK£3,246,000
Compensation
Mr. Nick Hampton, MA (Hons), has been the Chief Executive Officer of Tate & Lyle plc since 2021. He had been the Chief Executive of Tate & Lyle plc since April 1, 2018 until 2021 and has been its Director...
CEO Compensation Analysis
Compensation vs Market: Nick's total compensation ($USD4.40M) is above average for companies of similar size in the UK market ($USD1.83M).
Compensation vs Earnings: Nick's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: TATE's management team is considered experienced (3.3 years average tenure).
Board Members
Experienced Board: TATE's board of directors are considered experienced (5 years average tenure).
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tate & Lyle plc's employee growth, exchange listings and data sources
Key Information
- Name: Tate & Lyle plc
- Ticker: TATE
- Exchange: LSE
- Founded: 1903
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: UK£3.392b
- Shares outstanding: 464.53m
- Website: https://www.tateandlyle.com
Number of Employees
Location
- Tate & Lyle plc
- 5 Marble Arch
- London
- Greater London
- W1H 7EJ
- United Kingdom
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/21 21:15 |
| End of Day Share Price | 2022/01/21 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2021/03/31 |
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.