T&G Global Limited, together with its subsidiaries, grows, markets, distributes, and exports fresh produce under the JAZZ, envy, enza, pacific rose, LOTATOES, sunfirst, BEEKIST, and ORCHARD RD brands. More Details
Adequate balance sheet with proven track record.
Share Price & News
How has T&G Global's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGG has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TGG matched the NZ Food industry which returned 5.2% over the past year.
Return vs Market: TGG underperformed the NZ Market which returned 5.6% over the past year.
Price Volatility Vs. Market
How volatile is T&G Global's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould T&G Global (NZSE:TGG) Be Disappointed With Their 39% Profit?
1 month ago | Simply Wall StT&G Global Limited's (NZSE:TGG) Popularity With Investors Under Threat
2 months ago | Simply Wall StAre T&G Global's (NZSE:TGG) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is T&G Global undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGG (NZ$2.69) is trading below our estimate of fair value (NZ$9.57)
Significantly Below Fair Value: TGG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGG is poor value based on its PE Ratio (55.1x) compared to the NZ Food industry average (14x).
PE vs Market: TGG is poor value based on its PE Ratio (55.1x) compared to the NZ market (22.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TGG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TGG is good value based on its PB Ratio (0.7x) compared to the NZ Food industry average (1.3x).
How is T&G Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 T&G Global 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.
- Examine whether T&G Global is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- T&G Global competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Food, Beverage & Tobacco industry.
How has T&G Global performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGG has high quality earnings.
Growing Profit Margin: TGG's current net profit margins (0.5%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: TGG's earnings have declined by 20.5% per year over the past 5 years.
Accelerating Growth: TGG's earnings growth over the past year (51.2%) exceeds its 5-year average (-20.5% per year).
Earnings vs Industry: TGG earnings growth over the past year (51.2%) exceeded the Food industry 15.8%.
Return on Equity
High ROE: TGG's Return on Equity (2.5%) is considered low.
How is T&G Global's financial position?
Financial Position Analysis
Short Term Liabilities: TGG's short term assets (NZ$491.2M) exceed its short term liabilities (NZ$408.1M).
Long Term Liabilities: TGG's short term assets (NZ$491.2M) exceed its long term liabilities (NZ$247.8M).
Debt to Equity History and Analysis
Debt Level: TGG's debt to equity ratio (47.3%) is considered high.
Reducing Debt: TGG's debt to equity ratio has reduced from 73.7% to 47.3% over the past 5 years.
Debt Coverage: TGG's debt is well covered by operating cash flow (28.2%).
Interest Coverage: TGG's interest payments on its debt are not well covered by EBIT (2.8x coverage).
What is T&G Global current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TGG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TGG'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 TGG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TGG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TGG is not paying a notable dividend for the NZ market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TGG's dividend in 3 years as they are not forecast to pay a notable one for the NZ market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Gareth Edgecombe serves as Chief Executive Officer of T&G Global Ltd since July 09, 2018. He served as the President of Asia Pacific at Campbell Soup Company from August 8, 2011 to November 1, 2013. Mr ...
|Chief Executive Officer||2.25yrs||no data||no data|
|Chief Financial Officer||2yrs||no data||no data|
|Director of Operations||1yr||no data||no data|
|Director of Innovation & Technical||0.75yr||no data||no data|
|Director International Sales||1.25yrs||no data||no data|
|Director of People & Culture||2.33yrs||no data||no data|
|Managing Director of T&G Fresh||2yrs||no data||no data|
|Head of Corporate Affairs||0.75yr||no data||no data|
|Company Secretary & Group Treasurer||no data||no data||no data|
|Director of Strategy||2yrs||no data||no data|
Experienced Management: TGG's management team is considered experienced (2 years average tenure).
|Independent Director||2.17yrs||no data||no data|
|Non Independent Director||8.5yrs||NZ$34.00k||no data|
|Independent Director||10.33yrs||NZ$98.00k||no data|
|Non-independent Director||2.83yrs||no data||no data|
|Non-Independent Director||0.75yr||no data||no data|
Experienced Board: TGG's board of directors are considered experienced (5.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
T&G Global Limited's company bio, employee growth, exchange listings and data sources
- Name: T&G Global Limited
- Ticker: TGG
- Exchange: NZSE
- Founded: 1883
- Industry: Agricultural Products
- Sector: Food, Beverage & Tobacco
- Market Cap: NZ$329.641m
- Shares outstanding: 122.54m
- Website: https://tandg.global
Number of Employees
- T&G Global Limited
- 1 Clemow Drive
- Mount Wellington
- New Zealand
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGG||NZSE (New Zealand Stock Exchange)||Yes||Ordinary Shares||NZ||NZD||Sep 2004|
T&G Global Limited, together with its subsidiaries, grows, markets, distributes, and exports fresh produce under the JAZZ, envy, enza, pacific rose, LOTATOES, sunfirst, BEEKIST, and ORCHARD RD brands. It o ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 10:41|
|End of Day Share Price||2020/10/19 00:00|
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.