RFG Holdings Limited manufactures and markets convenience meal solutions in South Africa and the Kingdom of Eswatini.
RFG Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R11.99|
|52 Week High||R10.50|
|52 Week Low||R14.08|
|1 Month Change||2.22%|
|3 Month Change||-1.72%|
|1 Year Change||-7.05%|
|3 Year Change||-23.63%|
|5 Year Change||-54.03%|
|Change since IPO||9.00%|
Recent News & Updates
RFG Holdings (JSE:RFG) Hasn't Managed To Accelerate Its Returns
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Is RFG Holdings (JSE:RFG) A Risky Investment?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Would Shareholders Who Purchased RFG Holdings' (JSE:RFG) Stock Five Years Be Happy With The Share price Today?
The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...
|RFG||ZA Food||ZA Market|
Return vs Industry: RFG underperformed the ZA Food industry which returned 6.1% over the past year.
Return vs Market: RFG underperformed the ZA Market which returned 21.3% over the past year.
Stable Share Price: RFG is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: RFG's weekly volatility (6%) has been stable over the past year.
About the Company
RFG Holdings Limited manufactures and markets convenience meal solutions in South Africa and the Kingdom of Eswatini. The company operates through Regional and International segments. It offers canned fruits, jams, vegetables, meat products, fruit juices, fruit purees and concentrates, dry packed foods, fresh and frozen ready meals, pies, pastries, bakery, salads, canned pineapple, tomato paste, canned tomatoes, vegetable puree, citrus fruit products, custards, spices, and gravy and cook-in sauces.
RFG Holdings Fundamentals Summary
|RFG fundamental statistics|
Is RFG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RFG income statement (TTM)|
|Cost of Revenue||R4.39b|
Last Reported Earnings
Mar 28, 2021
Next Earnings Date
Nov 17, 2021
|Earnings per share (EPS)||0.93|
|Net Profit Margin||4.23%|
How did RFG perform over the long term?See historical performance and comparison
2.4%Current Dividend Yield
Is RFG Holdings 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: RFG (ZAR11.99) is trading below our estimate of fair value (ZAR19.77)
Significantly Below Fair Value: RFG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: RFG is poor value based on its PE Ratio (12.9x) compared to the ZA Food industry average (11.4x).
PE vs Market: RFG is poor value based on its PE Ratio (12.9x) compared to the ZA market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: RFG is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: RFG's PB Ratio (1.2x) is in line with the ZA Food industry average.
How is RFG Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RFG's forecast earnings growth (22.7% per year) is above the savings rate (8.8%).
Earnings vs Market: RFG's earnings (22.7% per year) are forecast to grow faster than the ZA market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RFG's revenue (6.5% per year) is forecast to grow faster than the ZA market (6.1% per year).
High Growth Revenue: RFG's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RFG's Return on Equity is forecast to be low in 3 years time (10.6%).
How has RFG Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RFG has high quality earnings.
Growing Profit Margin: RFG's current net profit margins (4.2%) are higher than last year (3.8%).
Past Earnings Growth Analysis
Earnings Trend: RFG's earnings have declined by 5.2% per year over the past 5 years.
Accelerating Growth: RFG's earnings growth over the past year (13.7%) exceeds its 5-year average (-5.2% per year).
Earnings vs Industry: RFG earnings growth over the past year (13.7%) exceeded the Food industry 0.6%.
Return on Equity
High ROE: RFG's Return on Equity (9.3%) is considered low.
How is RFG Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: RFG's short term assets (ZAR2.7B) exceed its short term liabilities (ZAR1.7B).
Long Term Liabilities: RFG's short term assets (ZAR2.7B) exceed its long term liabilities (ZAR915.7M).
Debt to Equity History and Analysis
Debt Level: RFG's debt to equity ratio (41.9%) is considered high.
Reducing Debt: RFG's debt to equity ratio has reduced from 95.7% to 41.9% over the past 5 years.
Debt Coverage: RFG's debt is well covered by operating cash flow (44.7%).
Interest Coverage: RFG's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is RFG Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: RFG's dividend (2.4%) isn’t notable compared to the bottom 25% of dividend payers in the ZA market (3.07%).
High Dividend: RFG's dividend (2.4%) is low compared to the top 25% of dividend payers in the ZA market (8.09%).
Stability and Growth of Payments
Stable Dividend: RFG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: RFG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.9%), RFG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: RFG's dividends in 3 years are forecast to be well covered by earnings (33.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Pieter Hanekom (57 yo)
Mr. Pieter Willem Hanekom, BAcc, B.Comp. Hons, CA (SA) serves as Executive Director at RFG Holdings Ltd (formerly known as RFG Holdings Limited) since July 08, 2020 and serves as its Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Pieter's total compensation ($USD155.72K) is below average for companies of similar size in the ZA market ($USD494.06K).
Compensation vs Earnings: Insufficient data to compare Pieter's compensation with company performance.
Experienced Management: RFG's management team is considered experienced (2.8 years average tenure).
Experienced Board: RFG's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RFG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RFG Holdings Limited's employee growth, exchange listings and data sources
- Name: RFG Holdings Limited
- Ticker: RFG
- Exchange: JSE
- Founded: 1897
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R3.137b
- Shares outstanding: 261.64m
- Website: https://www.rfg.com
- RFG Holdings Limited
- Pniel Road
- Groot Drakenstein
- Cape Town
- Western Cape
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/17 17:05|
|End of Day Share Price||2021/10/15 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.