1. South Africa Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
Tiger Brands Limited

Tiger Brands Limited

TBS.JO
Tiger Brands LimitedZA flagJohannesburg Stock Exchange
29,088.00
ZAc
-210.00
- -
42.52BMarket Cap
Tiger Brands Limited
TBS.JO
(Johannesburg Stock Exchange)

Recent

price

29,088.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
122.1
128.77
142.39
169.03
187.8
177.25
188.26
192.13
172.21
172.55
179.83
186.77
209.34
239.07
214.87
223.66
Revenue per Share
13.86
16.29
17.07
16.13
12.62
10.68
20.34
19.15
14.58
23.33
6.12
11.42
17.62
17.25
19.14
24.82
Basic EPS, GAAP
5.13
3.89
3.93
1.51
4.1
-1.05
3.87
14.53
0.18
-2.94
4.06
3.61
-2.2
-5.39
12.73
7.1
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.04
69.64
76.02
81.43
82.55
81.46
88.58
95.54
94.71
84.09
83.56
90.02
91.57
102.22
108.21
119.32
Book Value per Share
41.82
40.46
47.43
52.52
58.83
59.03
74.43
82.66
85.1
73.57
77.52
76.75
78.18
92.6
98.83
93.53
Tangible Book Value per Share
158
159
159
160
160
162
162
163
165
166
166
166
163
156
156
154
Basic Weighted Avg Shares
19,316
20,430
22,677
27,004
30,072
28,660
30,588
31,298
28,365
28,579
29,796
30,954
34,029
37,388
33,494
34,392
Sales/Revenue/Turnover
14.64
15.88
15.32
11.42
11.82
14.05
13.41
14.45
11.6
11.09
8.31
7.22
9.44
7.89
8.19
10.69
Operating Margin (%)
315
384
445
754
717
686
571
574
603
631
789
808
861
950
922
857
Depreciation Expense
2,192
2,584
2,718
2,577
2,020
1,727
3,306
3,119
2,401
3,863
1,014
1,893
2,864
2,697
2,983
3,817
Net Income, GAAP
27.86
28.22
27.24
25.87
30.87
23.91
27
28.93
24.7
18.12
32.74
24.88
26.04
23.01
20.73
31.83
Effective Tax Rate (%)
11.35
12.65
11.99
9.54
6.72
6.03
10.81
9.97
8.47
13.52
3.4
6.12
8.42
7.21
8.91
11.1
Profit Margin (%)
3,191
1,956
2,558
1,738
1,356
2,600
4,593
5,080
5,362
5,462
5,982
5,214
4,760
6,313
6,159
8,086
Working Capital
404
537
235
1,453
627
1,216
1,069
2
74
- -
197
399
326
1,211
303
241
LT Debt
8,601
10,246
11,566
13,816
13,947
13,778
16,034
17,061
17,465
15,408
15,787
15,761
15,751
17,542
18,427
17,239
Total Equity
22.97
21.11
19.61
14.35
13.24
16.62
16.04
17.31
13.53
15.09
10.37
10.27
14.03
12.23
10.97
13.1
Return on Invested Capital (%)
158.5
34.73
20.36
17.4
12.84
14.68
19.7
18.98
14.66
24.53
7.11
12.48
17.83
16.27
17.29
20.34
Return on Capital (%)
794.02
44.82
23.48
20.52
15.41
13.09
23.98
20.83
15.41
26.17
7.3
13.16
19.22
17.47
18.16
21.68
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.56%
1.95%
-6.45%
Free Cash Flow
-272.42%
-83.04%
-45.01%
Net Income, GAAP
22.06%
34.13%
27.96%
Sales/Revenue/Turnover
2.06%
3.19%
2.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
33,494
2025
- -
- -
- -
- -
34,392
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
19.14
2025
- -
- -
- -
- -
24.82
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Tiger Brands Limited (JSE: TBS) is South Africa's largest packaged food and beverage company, manufacturing, marketing and distributing a broad portfolio of fast-moving consumer goods (FMCG) including groceries, snacks, beverages, home care and personal care products. The company offers core brands across categories such as bakeries (Tinkies), culinary fruit and vegetables (Benny, Colman's, Hugo's, Ice Cap, Spray and Cook), superfoods (Ace, King Korn, Morvite), baby nutrition, home care (Airoma, Jeyes, Peaceful Sleep), milling (Golden Cloud), personal care (Dolly Varden, No Hair, Perfect Touch), snacks and treats (Hall's, Jelly Tots, Beacon, Fizzer), rice and pasta (Aunt Caroline), and beverages (Cresta, Smoothies); it also provides Tiger Brands Food Service Solutions for franchised restaurants, hotels, catering groups, airlines and institutions, encompassing condiments, grains, desserts and cleaning products. Founded in 1921 and headquartered in Bryanston, South Africa, Tiger Brands operates primarily in South Africa with exports to approximately 55 countries and direct or indirect interests in international food businesses in Zimbabwe, Mozambique, Nigeria, Kenya, Lesotho, Cameroon and Chile. In recent developments, Tiger Brands sold its Langeberg & Ashton Foods deciduous canned fruit business effective 1 October 2025 to a consortium including Ashton Fruit Producers Agricultural Co-operative and Norfund for a nominal R1, committing R150 million to a community trust holding 10% equity in the buyer and investing R31 million in an effluent plant upgrade as part of its portfolio optimization strategy. The company divested its Baby Wellbeing business, including Elizabeth Anne's baby care and brands like Mi-Woni and Antipeol, for R605 million in November 2024 to a prominent South African home and personal care manufacturer, alongside non-core brands (Bio Classic, Kair, Fiesta, Black Silk, Eulactol) for R161 million, while retaining Purity baby nutrition under a limited license. Additionally, Tiger Brands launched a refreshed corporate brand identity in November 2025 with a modernized tiger emblem and new purpose "to cultivate and nourish lives every day and every tomorrow," reported 2.7% revenue growth to R34.4 billion for FY2025 ended 30 September with 35% operating income increase, and expanded township distribution targeting 90,000 stores by end-2024 en route to 130,000 by 2028.