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Tsogo Sun Gaming Ltd
JSE:TSG

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Tsogo Sun Gaming Ltd
JSE:TSG
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Price: 676 Zac 0.15% Market Closed
Market Cap: 6.6B ZAR

EV/OCF

8.5
Current
23%
Cheaper
vs 3-y average of 11.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
8.5
=
Enterprise Value
Zac13B
/
Operating Cash Flow
1.5B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
8.5
=
Enterprise Value
Zac13B
/
Operating Cash Flow
1.5B

Valuation Scenarios

Tsogo Sun Gaming Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (11.2), the stock would be worth Zac882.68 (31% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+1 771%
Average Upside
476%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 8.5 Zac676
0%
3-Year Average 11.2 Zac882.68
+31%
5-Year Average 12.9 Zac1 016.77
+50%
Industry Average 159.9 Zac12 645.07
+1 771%
Country Average 12.9 Zac1 021.51
+51%

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

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close

Market Distribution

Lower than 72% of companies in South Africa
Percentile
28th
Based on 20 companies
28th percentile
8.5
Low
5 — 10.5
Typical Range
10.5 — 130.1
High
130.1 —
Distribution Statistics
South Africa
Min 5
30th Percentile 10.5
Median 12.9
70th Percentile 130.1
Max 687

Tsogo Sun Gaming Ltd
Glance View

In the vibrant world of South Africa's leisure and entertainment industry, Tsogo Sun Gaming Ltd. stands as a formidable player, weaving a narrative of strategic growth and diversification. Born from the merger of Tsogo Sun Holdings and Gold Reef Resorts in 2011, the company has since strategically expanded its footprint across the country, threading its gaming operations through a network of casinos, hotels, and entertainment complexes. At the heart of its operations, Tsogo Sun Gaming generates the lion’s share of its revenue from its diverse array of casinos, which serve as entertainment hubs attracting a steady stream of locals and tourists. These establishments, boasting an extensive assortment of slot machines and table games, create a vibrant ecosystem where chance meets commerce, fostering environments that draw in patrons with the allure of a uniquely immersive experience. Beyond the spinning reels and card tables, Tsogo Sun Gaming complements its core operations with ancillary offerings that enhance its guests' experiences and further contribute to revenue streams. The company meticulously integrates hospitality services, offering accommodations through strategically located hotels that cater to both leisure and business travelers. These accommodations, often nestled within or adjacent to the gaming complexes, capitalize on the foot traffic generated by the casinos. Additionally, restaurants, theaters, and conference facilities further enliven its venues, creating dynamic, multifaceted environments that encourage longer stays and increased spending. By entwining its gaming operations with these complementary services, Tsogo Sun Gaming adeptly balances the unpredictable nature of gaming revenues with the more stable inflows from its ancillary offerings, crafting a robust business model that sustains its position in the entertainment landscape.

TSG Intrinsic Value
1 587.61 Zac
Undervaluation 57%
Intrinsic Value
Price Zac676
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