Tsogo Sun Limited

JSE:TSG Stock Report

Market Cap: R6.9b

Tsogo Sun Future Growth

Future criteria checks 0/6

Tsogo Sun is forecast to grow earnings and revenue by 0.5% and 1.3% per annum respectively. EPS is expected to grow by 1.3% per annum. Return on equity is forecast to be 17% in 3 years.

Key information

0.5%

Earnings growth rate

1.28%

EPS growth rate

Hospitality earnings growth22.3%
Revenue growth rate1.3%
Future return on equity17.00%
Analyst coverage

Low

Last updated22 Jun 2026

Recent future growth updates

Recent updates

Analysis Article • Aug 04

We Like Tsogo Sun's (JSE:TSG) Earnings For More Than Just Statutory Profit

The market seemed underwhelmed by last week's earnings announcement from Tsogo Sun Limited ( JSE:TSG ) despite the...
Analysis Article • Jan 24

Tsogo Sun Limited's (JSE:TSG) Earnings Are Not Doing Enough For Some Investors

Tsogo Sun Limited's ( JSE:TSG ) price-to-earnings (or "P/E") ratio of 7.1x might make it look like a buy right now...
Analysis Article • Dec 05

There May Be Reason For Hope In Tsogo Sun's (JSE:TSG) Disappointing Earnings

The market for Tsogo Sun Limited's ( JSE:TSG ) shares didn't move much after it posted weak earnings recently. Our...
Analysis Article • Nov 30

Tsogo Sun (JSE:TSG) Will Pay A Smaller Dividend Than Last Year

Tsogo Sun Limited ( JSE:TSG ) is reducing its dividend from last year's comparable payment to ZAR0.15 on the 22nd of...
Analysis Article • Jul 02

Tsogo Sun (JSE:TSG) Will Pay A Dividend Of ZAR0.30

The board of Tsogo Sun Limited ( JSE:TSG ) has announced that it will pay a dividend on the 28th of July, with...
Analysis Article • Jun 01

Tsogo Sun (JSE:TSG) Is Due To Pay A Dividend Of ZAR0.30

Tsogo Sun Limited's ( JSE:TSG ) investors are due to receive a payment of ZAR0.30 per share on 28th of July. This means...
Analysis Article • Nov 30

Is There Now An Opportunity In Tsogo Sun Limited (JSE:TSG)?

Tsogo Sun Limited ( JSE:TSG ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article • Jul 23

Tsogo Sun (JSE:TSG) Has Announced A Dividend Of ZAR0.40

The board of Tsogo Sun Limited ( JSE:TSG ) has announced that it will pay a dividend on the 29th of July, with...
Analysis Article • Jun 26

Tsogo Sun's (JSE:TSG) Dividend Will Be ZAR0.40

Tsogo Sun Limited's ( JSE:TSG ) investors are due to receive a payment of ZAR0.40 per share on 29th of July. Despite...
Analysis Article • Jun 06

Tsogo Sun's (JSE:TSG) Soft Earnings Don't Show The Whole Picture

Investors were disappointed with the weak earnings posted by Tsogo Sun Limited ( JSE:TSG ). Despite the soft profit...
Analysis Article • May 25

Is Now The Time To Put Tsogo Sun Gaming (JSE:TSG) On Your Watchlist?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

Earnings and Revenue Growth Forecasts

JSE:TSG - Analysts future estimates and past financials data (ZAR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202911,5151,3291,5561,8162
3/31/202811,0831,3141,1291,8542
3/31/202710,9661,3481,2111,8022
3/31/202611,0771,2951,5302,253N/A
12/31/202511,0561,2441,4152,199N/A
9/30/202511,0341,1921,2992,145N/A
6/30/202511,0581,2181,3752,154N/A
3/31/202511,0811,2441,4502,162N/A
12/31/202411,1951,3031,5642,195N/A
9/30/202411,3081,3611,6782,227N/A
6/30/202411,3741,4461,6422,308N/A
3/31/202411,4401,5301,6052,389N/A
12/31/202311,5381,7501,7752,550N/A
9/30/202311,6351,9691,9442,711N/A
6/30/202311,4391,8571,9282,586N/A
3/31/202311,2431,7441,9112,460N/A
12/31/202210,8501,7481,9412,399N/A
9/30/202210,4571,7511,9702,338N/A
6/30/20229,6151,5781,7292,040N/A
3/31/20228,7731,4051,4881,741N/A
12/31/20218,2791,1511,4541,679N/A
9/30/20217,7848961,4201,617N/A
6/30/20216,7354591,1361,314N/A
3/31/20215,686218511,011N/A
12/31/20206,435-767N/AN/AN/A
9/30/20207,183-1,55579801N/A
6/30/20209,380-9565071,450N/A
3/31/202011,576-3579352,099N/A
12/31/201911,684580N/AN/AN/A
9/30/201911,7911,516N/A2,762N/A
6/30/201911,6601,569N/A2,881N/A
3/31/201911,5291,621N/A2,999N/A
9/30/20189,0671,054N/A2,927N/A
6/30/20189,4121,183N/A2,717N/A
3/31/20189,7561,311N/A2,507N/A
12/31/201713,5592,307N/A2,632N/A
9/30/201713,2292,642N/A2,756N/A
6/30/201713,1842,575N/A2,925N/A
3/31/201713,1382,507N/A3,094N/A
12/31/201612,9242,183N/A3,009N/A
9/30/201612,7101,859N/A2,923N/A
6/30/201612,4891,831N/A2,946N/A
3/31/201612,2671,802N/A2,969N/A
12/31/201512,0091,787N/A2,829N/A
9/30/201511,7501,771N/A2,689N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TSG's forecast earnings growth (0.5% per year) is below the savings rate (9.7%).

Earnings vs Market: TSG's earnings (0.5% per year) are forecast to grow slower than the ZA market (9.9% per year).

High Growth Earnings: TSG's earnings are forecast to grow, but not significantly.

Revenue vs Market: TSG's revenue (1.3% per year) is forecast to grow slower than the ZA market (3.8% per year).

High Growth Revenue: TSG's revenue (1.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TSG's Return on Equity is forecast to be low in 3 years time (17%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/14 20:08
End of Day Share Price 2026/09/14 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tsogo Sun Limited is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian PyleAvior Capital Markets
Frederik Conradie de BeerAvior Capital Markets
Michele OlivierHSBC