1. South Africa Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
AVI Limited Class Y

AVI Limited Class Y

4.64
EUR
+0.10
(+2.20%)
1.77BMarket Cap
Mar 08Next Earn
AVI Limited Class Y
STU:IZ6
(Stuttgart Stock Exchange)

Recent

price

4.64

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
ZAR
24.76
27.69
30.03
32.72
35.25
37.91
40.66
41.14
40.06
40.13
40.23
41.91
45.13
47.95
48.31
48.68
- -
Revenue per Share
2.32
3.24
3.54
4.19
4.18
4.61
4.79
5.13
4.89
5.92
4.99
5.3
5.56
6.83
7.33
7.68
- -
Basic EPS, GAAP
1.92
1.62
1.69
3.01
2.16
2.38
3.29
4.6
4.74
5.92
5.87
5.54
5.12
6.55
6.77
8.66
- -
Free Cash Flow per Basic Share
1.11
1.59
3.89
2.9
5.13
3.5
3.84
4.35
6.77
4.11
6.92
4.46
4.65
5.17
8.97
6.57
- -
Dividend per Share
9.71
11.65
11.85
13.3
12.31
13.91
14.91
15.76
13.81
15.56
13.66
14.5
15.8
17.8
16.1
17.88
17.88
Book Value per Share
7.14
9.23
8.16
9.68
8.73
10.36
11.86
12.92
11.32
13.13
11.27
11.67
12.99
14.95
13.27
15.08
15.08
Tangible Book Value per Share
303
299
307
314
319
322
324
327
328
329
330
330
331
331
332
334
334
Basic Weighted Avg Shares
7,490
8,287
9,218
10,267
11,244
12,189
13,185
13,438
13,151
13,210
13,269
13,845
14,920
15,862
16,022
16,240
- -
Sales/Revenue/Turnover
14.92
16.56
16.56
16.68
17.05
17.68
18.09
19
19.18
17.67
18.16
18.35
18.2
20.83
22.23
22.91
- -
Operating Margin (%)
193
221
259
286
311
350
397
413
592
595
559
554
567
548
587
- -
- -
Depreciation Expense
702
971
1,086
1,316
1,332
1,481
1,553
1,676
1,605
1,947
1,646
1,751
1,837
2,258
2,430
2,563
- -
Net Income, GAAP
33.11
31.89
30.05
28.13
28.35
28.41
28.38
28.55
28.44
26.3
28.74
27.82
27.54
27.08
27.38
27.4
- -
Effective Tax Rate (%)
9.37
11.71
11.78
12.81
11.85
12.15
11.78
12.47
12.2
14.74
12.4
12.65
12.31
14.23
15.17
15.78
- -
Profit Margin (%)
723
1,173
628
938
253
261
744
1,257
649
1,554
974
1,338
1,557
2,173
1,564
2,156
2,156
Working Capital
56
16
16
16
12
11
13
14
251
230
166
354
413
405
418
391
391
LT Debt
2,847
3,597
3,678
4,216
3,941
4,490
4,852
5,146
4,539
5,018
4,402
4,794
5,117
5,785
5,347
5,861
5,861
Total Equity
20.43
25.99
25.74
25.94
26.13
25.97
26.62
27.2
25.65
23.81
26.21
30.37
30.41
35.22
36.42
35.86
- -
Return on Invested Capital (%)
20.17
27.58
27.34
28.65
26.27
26.63
26.05
26.57
24.99
28.86
25.67
28.26
28.25
32.22
33.65
34.59
- -
Return on Capital (%)
24.31
29.95
29.77
33.34
32.67
35.14
33.25
33.52
33.13
40.3
34.17
37.65
36.67
40.62
43.24
45.3
- -
Return on Common Equity (%)

Capital Structure

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
ST Debt
2,140
2,225
1,482
LT Borrowings
- -
- -
- -
LT Finance Leases
418
411
391
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
332
334
334
Market Capitalization
30,812
33,802
33,094

Working Capital

ZAR

•

in mil. unless spec.
Jun'25
Dec'26
Jun'26
Total Current Assets
5,591
5,713
5,587
Cash, Cash Equivalents & STI
295
487
207
Accounts Receivable, Net
2,017
2,215
2,265
Inventories
3,127
3,011
3,116
Total Current Liabilities
4,027
3,878
3,431
Payables & Accruals
- -
- -
- -
ST Debt
2,140
2,225
1,482
Deferred Revenue
- -
- -
- -

Growth Rates

ZAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.14%
6.15%
9.62%
Free Cash Flow
15.6%
9.46%
28.55%
Net Income, GAAP
6.17%
9.46%
5.47%
Sales/Revenue/Turnover
2.97%
4.16%
1.37%
Total Cash Common Dividend
13.84%
5.56%
-26.36%

Semi-annual Revenue

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
15,862
2025
- -
- -
16,022
2026
- -
- -
16,240

Semi-annual Earnings Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6.83
2025
- -
- -
7.33
2026
- -
- -
7.68

Semi-annual Dividends Per Share

ZAR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
5.17
2025
- -
- -
8.97
2026
- -
- -
6.57
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Business
AVI Limited AVI Limited manufactures, processes, markets and distributes branded consumer products in the food, beverage, footwear, apparel, cosmetics and personal care sectors primarily in South Africa, other African countries, Europe and select international markets. The company offers an extensive portfolio of more than 50 brands spanning hot beverages such as Five Roses, Freshpak, Ellis Brown, Frisco and House of Coffees; sweet and savoury biscuits and snacks including Bakers, Pyotts, Provita and Willards; frozen convenience foods and out-of-home ranges from I&J and Ciro; personal care products and cosmetics under Yardley and Lentheric; and fashion footwear, accessories and apparel through Spitz, Carvela, Kurt Geiger, Tosoni, Lacoste, Gant and Green Cross. Founded in 1944 and headquartered at 2 Harries Road, Illovo, Johannesburg, South Africa, AVI Limited employs approximately 9,108 people and operates through trading subsidiaries focused on fast-moving consumer goods with a shared services structure covering international operations, IT, finance, logistics, marketing, procurement and field marketing. In recent developments, the company reported a turnover of R16.02 billion for its last financial year ended June 30, 2025, alongside a net profit of R2.43 billion, reflecting growth from the prior year's R2.26 billion. AVI Limited reduced its holding in AVI Japan Opportunity Trust plc by selling shares valued at approximately £1.6 million in November 2025 ahead of the trust's merger with Fidelity, lowering its stake to 1.7% or 2.25 million shares shared with employees. These activities underscore ongoing portfolio management and financial strengthening within its core FMCG and branded consumer operations.