Tongaat Hulett Limited operates as an agriculture and agri-processing company in Zimbabwe, Mozambique, South Africa, Other SADC, North America, Europe and Middle East, and the Asia-Pacific.
Tongaat Hulett Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||R6.80|
|52 Week High||R5.74|
|52 Week Low||R13.48|
|1 Month Change||1.80%|
|3 Month Change||13.33%|
|1 Year Change||4.78%|
|3 Year Change||-87.22%|
|5 Year Change||-94.35%|
|Change since IPO||-66.83%|
Recent News & Updates
|TON||ZA Food||ZA Market|
Return vs Industry: TON underperformed the ZA Food industry which returned 6% over the past year.
Return vs Market: TON underperformed the ZA Market which returned 20.7% over the past year.
Stable Share Price: TON is not significantly more volatile than the rest of ZA stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: TON's weekly volatility (6%) has been stable over the past year.
About the Company
Tongaat Hulett Limited operates as an agriculture and agri-processing company in Zimbabwe, Mozambique, South Africa, Other SADC, North America, Europe and Middle East, and the Asia-Pacific. It produces and sells a range of refined sugarcane and maize based carbohydrate products; sweeteners; energy and supplementary feeds to the livestock farming community under the Voermol brand using bagasse and molasses; and corn starch, glucose, and other related products under the Amryal, Hydex, and Vaalgold Gluten 60 brands. The company also provides white and brown sugar products under the Huletts, SunSweet, and Blue Crystal brands.
Tongaat Hulett Fundamentals Summary
|TON fundamental statistics|
Is TON overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|TON income statement (TTM)|
|Cost of Revenue||R10.65b|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-6.88|
|Net Profit Margin||-6.23%|
How did TON perform over the long term?See historical performance and comparison
Is Tongaat Hulett 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: TON (ZAR6.8) is trading below our estimate of fair value (ZAR11.9)
Significantly Below Fair Value: TON is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TON is unprofitable, so we can't compare its PE Ratio to the ZA Food industry average.
PE vs Market: TON is unprofitable, so we can't compare its PE Ratio to the ZA market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TON's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TON has negative assets, so we can't compare its PB Ratio to the ZA Food industry average.
How is Tongaat Hulett 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 Tongaat Hulett 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.
How has Tongaat Hulett performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TON is currently unprofitable.
Growing Profit Margin: TON is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TON is unprofitable, and losses have increased over the past 5 years at a rate of 35.9% per year.
Accelerating Growth: Unable to compare TON's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TON is unprofitable, making it difficult to compare its past year earnings growth to the Food industry (0.6%).
Return on Equity
High ROE: TON's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Tongaat Hulett's financial position?
Financial Position Analysis
Short Term Liabilities: TON has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TON has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TON has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TON's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TON is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 43.8% per year.
What is Tongaat Hulett current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TON's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TON'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 TON's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TON's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TON is not paying a notable dividend for the ZA market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TON's dividend in 3 years as they are not forecast to pay a notable one for the ZA market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Hudson (51 yo)
Mr. John Gavin Hudson serves as Non-Executive Director at Hippo Valley Estates Limited since August 01, 2020. He has been Chief Executive Officer at Tongaat Hulett Limited since February 01, 2019. He had b...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD678.81K) is above average for companies of similar size in the ZA market ($USD278.96K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Management: TON's management team is considered experienced (2.5 years average tenure).
Experienced Board: TON's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
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.
Tongaat Hulett Limited's employee growth, exchange listings and data sources
- Name: Tongaat Hulett Limited
- Ticker: TON
- Exchange: JSE
- Founded: 1875
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: R918.765m
- Shares outstanding: 135.11m
- Website: https://www.tongaat.com
Number of Employees
- Tongaat Hulett Limited
- Amanzimnyama Hill Road
- PO Box 3
- South Africa
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 21:37|
|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.