Tiger Brands Limited (TBS.JO) stock analysis

In our weekly check, Tiger Brands Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 7, red flags: 3.

About Tiger Brands Limited

Tiger Brands Limited is a Consumer Defensive company (Packaged Foods) based in South Africa, listed on JNB as TBS.JO.

What our checks show for TBS.JO

Red flags

• The dividend takes 1555% of profit: little cushion if profit falls.
• A small company (market value $23 million): usually riskier and followed by fewer analysts.
• The stock has fallen as much as 71% from a peak. Would you have held through that?

Warning signs

• Operating cash flow is only 0.6x net profit: part of the reported profit does not arrive as cash.
• Analysts expect only about 4.4% a year of growth in revenue.
• Analysts expect the net margin to shrink by 1.2 points from today's 11.1%.
• Revenue grew only 0.4% a year over the last 3 years.
• Free cash flow is only 3.2% of revenue.
• The stock is still below its previous peak.
• Thinly traded (about 428 thousand shares a day): buying and selling can move the price.

Strengths

• Debt is low: 0.24x equity.
• Operating profit covers interest 19.1 times over.
• The net margin rose by 5 points over 5 years, to 11.1%.
• The gross margin is 31.3% and has risen by 2.9 points: pricing power is holding.
• Earnings per share grew 12.1% a year over the last 3 years.
• Net profit grew 10% a year over the last 3 years.

Similar companies

5285.KL · 2280.SR · BN.PA · AAK.ST · 0151.HK · KHC

Questions

What grade does Tiger Brands Limited (TBS.JO) have?

In our weekly check, Tiger Brands Limited is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 15 pass, warnings: 7, red flags: 3. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of TBS.JO stock?

This week's biggest flags for Tiger Brands Limited: Dividend stretched, Small company, Deep past fall. In total 10 of 25 checks show a warning or a red flag.

What does Tiger Brands Limited do?

Tiger Brands Limited is a Consumer Defensive company (Packaged Foods) based in South Africa, listed on JNB as TBS.JO.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

Open the full analysis