RCL Foods Limited, through its subsidiaries, engages in the food business in South Africa and other African countries.
RCL Foods Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R12.74|
|52 Week High||R6.58|
|52 Week Low||R13.01|
|1 Month Change||12.74%|
|3 Month Change||34.11%|
|1 Year Change||75.72%|
|3 Year Change||-18.59%|
|5 Year Change||-2.00%|
|Change since IPO||-42.09%|
Recent News & Updates
Estimating The Intrinsic Value Of RCL Foods Limited (JSE:RCL)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of RCL Foods Limited...
Investors Shouldn't Be Too Comfortable With RCL Foods' (JSE:RCL) Robust Earnings
Despite posting some strong earnings, the market for RCL Foods Limited's ( JSE:RCL ) stock hasn't moved much. Our...
RCL Foods (JSE:RCL) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|RCL||ZA Food||ZA Market|
Return vs Industry: RCL exceeded the ZA Food industry which returned 6% over the past year.
Return vs Market: RCL exceeded the ZA Market which returned 20.7% over the past year.
Stable Share Price: RCL is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: RCL's weekly volatility (7%) has been stable over the past year.
About the Company
RCL Foods Limited, through its subsidiaries, engages in the food business in South Africa and other African countries. The company operates through Food and Logistics divisions. It provides grocery products, pies, beverages, flour, milling products and specialty baking products, bakeries products, buns and rolls, chicken products, sugar, pet food products, and molasses-based feed products, as well as mayonnaise, peanut butter, rusks, etc. The company sells its products primarily under the Ouma, Nola, Yum Yum, Nutso, Bobtail, Catmor, Dogmor, Ultra dog, Canine Cuisine, Optimizer, Feline Cusine, Mageu Number 1, Monati, Mnandi, Piemans, Supreme, Tafelberg, Safari, A1, 5 Star, Sunbake, Epol, Driehoek and Equus, and Selati brand names.
RCL Foods Fundamentals Summary
|RCL fundamental statistics|
Is RCL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RCL income statement (TTM)|
|Cost of Revenue||R23.43b|
Last Reported Earnings
Jul 04, 2021
Next Earnings Date
|Earnings per share (EPS)||1.12|
|Net Profit Margin||3.13%|
How did RCL perform over the long term?See historical performance and comparison
3.5%Current Dividend Yield
Does RCL pay a reliable dividends?See RCL dividend history and benchmarks
|RCL Foods dividend dates|
|Ex Dividend Date||Oct 27 2021|
|Dividend Pay Date||Nov 02 2021|
|Days until Ex dividend||6 days|
|Days until Dividend pay date||12 days|
Does RCL pay a reliable dividends?See RCL dividend history and benchmarks
Is RCL Foods 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: RCL (ZAR12.74) is trading below our estimate of fair value (ZAR14.05)
Significantly Below Fair Value: RCL is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: RCL is poor value based on its PE Ratio (11.4x) compared to the ZA Food industry average (11.2x).
PE vs Market: RCL's PE Ratio (11.4x) is in line with the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: RCL is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: RCL is good value based on its PB Ratio (1.1x) compared to the ZA Food industry average (1.2x).
How is RCL Foods forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RCL's forecast earnings growth (13.9% per year) is above the savings rate (8.8%).
Earnings vs Market: RCL's earnings (13.9% per year) are forecast to grow faster than the ZA market (12.3% per year).
High Growth Earnings: RCL's earnings are forecast to grow, but not significantly.
Revenue vs Market: RCL's revenue (5.2% per year) is forecast to grow slower than the ZA market (6.1% per year).
High Growth Revenue: RCL's revenue (5.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RCL's Return on Equity is forecast to be low in 3 years time (11.1%).
How has RCL Foods performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RCL has high quality earnings.
Growing Profit Margin: RCL became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: RCL's earnings have declined by 27.2% per year over the past 5 years.
Accelerating Growth: RCL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RCL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (0.6%).
Return on Equity
High ROE: RCL's Return on Equity (9.3%) is considered low.
How is RCL Foods's financial position?
Financial Position Analysis
Short Term Liabilities: RCL's short term assets (ZAR10.6B) exceed its short term liabilities (ZAR7.0B).
Long Term Liabilities: RCL's short term assets (ZAR10.6B) exceed its long term liabilities (ZAR4.7B).
Debt to Equity History and Analysis
Debt Level: RCL's debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: RCL's debt to equity ratio has reduced from 39% to 28.1% over the past 5 years.
Debt Coverage: RCL's debt is well covered by operating cash flow (39%).
Interest Coverage: RCL's interest payments on its debt are well covered by EBIT (6x coverage).
What is RCL Foods's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: RCL's dividend (3.53%) is higher than the bottom 25% of dividend payers in the ZA market (3.05%).
High Dividend: RCL's dividend (3.53%) is low compared to the top 25% of dividend payers in the ZA market (8.06%).
Stability and Growth of Payments
Stable Dividend: RCL's dividend payments have been volatile in the past 10 years.
Growing Dividend: RCL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.3%), RCL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RCL's dividends in 3 years are forecast to be well covered by earnings (36.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Miles Dally (64 yo)
Mr. Miles Dally, B. Comm, serves as the Chief Executive Officer and Managing Director of RCL Foods Limited and serves as its Executive Director since February 1, 2003. Mr. Dally serves as the Managing Dire...
CEO Compensation Analysis
Compensation vs Market: Miles's total compensation ($USD760.45K) is about average for companies of similar size in the ZA market ($USD891.99K).
Compensation vs Earnings: Miles's compensation has been consistent with company performance over the past year.
Experienced Management: RCL's management team is seasoned and experienced (10.8 years average tenure).
Experienced Board: RCL's board of directors are seasoned and experienced ( 10.7 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.
RCL Foods Limited's employee growth, exchange listings and data sources
- Name: RCL Foods Limited
- Ticker: RCL
- Exchange: JSE
- Founded: 1960
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R11.316b
- Shares outstanding: 888.25m
- Website: https://www.rclfoods.com
Number of Employees
- RCL Foods Limited
- Ten The Boulevard
- Westway Office Park
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:38|
|End of Day Share Price||2021/10/19 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.