Tsogo Sun Limited

JSE:TSG Stock Report

Market Cap: R6.9b

Tsogo Sun Past Earnings Performance

Past criteria checks 2/6

Tsogo Sun has been growing earnings at an average annual rate of 39.8%, while the Hospitality industry saw earnings growing at 49.1% annually. Revenues have been growing at an average rate of 8.9% per year. Tsogo Sun's return on equity is 23.1%, and it has net margins of 11.2%.

Key information

39.78%

Earnings growth rate

39.82%

EPS growth rate

Hospitality Industry Growth21.96%
Revenue growth rate8.87%
Return on equity23.09%
Net Margin11.23%
Last Earnings Update31 Mar 2025

Recent past performance updates

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

Jun 06
Tsogo Sun's (JSE:TSG) Soft Earnings Don't Show The Whole Picture

Recent updates

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

Jul 02
Tsogo Sun (JSE:TSG) Will Pay A Dividend Of ZAR0.30

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

Jun 01
Tsogo Sun (JSE:TSG) Is Due To Pay A Dividend Of ZAR0.30

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

Nov 30
Is There Now An Opportunity In Tsogo Sun Limited (JSE:TSG)?

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

Jul 23
Tsogo Sun (JSE:TSG) Has Announced A Dividend Of ZAR0.40

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

Jun 26
Tsogo Sun's (JSE:TSG) Dividend Will Be ZAR0.40

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

Jun 06
Tsogo Sun's (JSE:TSG) Soft Earnings Don't Show The Whole Picture

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

May 25
Is Now The Time To Put Tsogo Sun Gaming (JSE:TSG) On Your Watchlist?

Revenue & Expenses Breakdown

How Tsogo Sun makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

JSE:TSG Revenue, expenses and earnings (ZAR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2511,0811,2445680
31 Dec 2411,1291,3035570
30 Sep 2411,1771,3615460
30 Jun 2411,3091,4465460
31 Mar 2411,4401,5305460
31 Dec 2311,5381,7505230
30 Sep 2311,6351,9694990
30 Jun 2311,4391,8574990
31 Mar 2311,2431,7444990
31 Dec 2210,8501,7484180
30 Sep 2210,4571,7513370
30 Jun 229,6151,5783370
31 Mar 228,7731,4053370
31 Dec 218,2791,1512520
30 Sep 217,7848961660
30 Jun 216,7354591720
31 Mar 215,686211780
31 Dec 206,435-7673210
30 Sep 207,183-1,5554630
30 Jun 209,380-9564690
31 Mar 2011,576-3574750
31 Dec 1911,6845804180
30 Sep 1911,7911,5163610
30 Jun 1911,6601,5693490
31 Mar 1911,5291,6213370
30 Sep 189,0671,0543440
30 Jun 189,4121,1833440
31 Mar 189,7561,3113440
31 Dec 1713,5592,3075270
30 Sep 1713,2292,6425160
30 Jun 1713,1842,5755160
31 Mar 1713,1382,5075160
31 Dec 1612,9242,1834810
30 Sep 1612,7101,8594450
30 Jun 1612,4891,8314450
31 Mar 1612,2671,8024450
31 Dec 1512,0091,7874130
30 Sep 1511,7501,7713810
30 Jun 1511,5471,7223810
31 Mar 1511,3431,6723810
31 Dec 1411,1651,7183590

Quality Earnings: TSG has high quality earnings.

Growing Profit Margin: TSG's current net profit margins (11.2%) are lower than last year (13.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: TSG has become profitable over the past 5 years, growing earnings by 39.8% per year.

Accelerating Growth: TSG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TSG had negative earnings growth (-18.7%) over the past year, making it difficult to compare to the Hospitality industry average (16.9%).

Return on Equity

High ROE: Whilst TSG's Return on Equity (23.09%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/19 22:44
End of Day Share Price 2025/11/19 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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 world class team 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 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Janine Van WykAvior Capital Markets
Michele OlivierHSBC
Michele OlivierMorgan Stanley