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Tiger Brands Ltd
JSE:TBS

Watchlist Manager
Tiger Brands Ltd
JSE:TBS
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Price: 29 708 Zac -1.72% Market Closed
Market Cap: 50.5B ZAR

P/OCF

21.4
Current
54%
More Expensive
vs 3-y average of 13.9

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
21.4
=
Market Cap
Zac55.8B
/
Operating Cash Flow
2.3B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
21.4
=
Market Cap
Zac55.8B
/
Operating Cash Flow
2.3B

Valuation Scenarios

Tiger Brands Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (13.9), the stock would be worth Zac19 258.67 (35% downside from current price).

Statistics
Positive Scenarios
0/3
Maximum Downside
-57%
Maximum Upside
No Upside Scenarios
Average Downside
32%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 21.4 Zac29 708
0%
3-Year Average 13.9 Zac19 258.67
-35%
5-Year Average 20.6 Zac28 581.3
-4%
Country Average 9.3 Zac12 876.69
-57%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 21.4 12.8
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 13.2 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 16.4 30.1
FR
Danone SA
PAR:BN
43.3B EUR 11.4 23.8
US
Hershey Co
NYSE:HSY
38.8B USD 17.1 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 11 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 29.8 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 10.7 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 45.3 32.4
US
Kellogg Co
NYSE:K
29B USD 23.1 22.7

Market Distribution

Higher than 76% of companies in South Africa
Percentile
76th
Based on 20 companies
76th percentile
21.4
Low
1.4 — 2.5
Typical Range
2.5 — 13
High
13 —
Distribution Statistics
South Africa
Min 1.4
30th Percentile 2.5
Median 9.3
70th Percentile 13
Max 95.6

Tiger Brands Ltd
Glance View

Market Cap
50.5B Zac
Industry
Food Products

Tiger Brands Ltd., a stalwart in the South African food and consumer goods industry, weaves its legacy through a tapestry of everyday essentials that resonate with the rhythm of daily life. This company, with roots tracing back to the 1920s, has cultivated its identity as a leader in producing, marketing, and distributing a broad spectrum of consumer goods across Africa. Known for its iconic brands like All Gold, Enterprise, and Koo, Tiger Brands engages in numerous facets of the food sector, ranging from packaged foods, beverages, and confectionery to home, personal, and baby care products. This extensive portfolio showcases its ability to adapt to consumer needs while maintaining a consistent presence in the market. At the heart of its operations lies a robust network of manufacturing facilities spread across South Africa and other key African regions, enabling Tiger Brands to streamline production and ensure a wide distribution reach. The company's revenue model is grounded in its ability to consistently deliver trusted brands that appeal to a broad consumer base. By utilizing strategic marketing, pricing, and distribution techniques, Tiger Brands ensures its products are omnipresent in supermarkets, convenience stores, and online platforms, effectively driving sales volume. This approach not only sustains its market leadership but also supports its mission to leverage scale and efficiency in manufacturing and distribution, creating a seamless cycle of demand fulfillment and operational growth.

TBS Intrinsic Value
24 247.4 Zac
Overvaluation 18%
Intrinsic Value
Price Zac29 708
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