Mike1North

Tigerbrands looks well priced.

Long
JSE:TBS   TIGER BRANDS LTD
Please see chart for summary of technical analysis.

My overall sentiment towards Tigerbrands, is that the share price is not accurately reflecting the Fundamentals of the company.
Considering the "Net Profit Margin" & "Return on Equity" have remained positive for the past 5 years, alongside other Valuation metrics such as the "Return on Capital Employed" staying positive, I would strongly urge anyone to analyze the financials further.

The groups solvency ratios remain positive, and the Debt Level Funding is well within an accepted range.
The Cash Flow statement also suggests that the group is sitting on a relatively large amount of Cash, which it may choose to use in funding future investment activities (to grow the business).

Given that the share price is down over 50% since Jan '17, I feel the share is well priced for a "pullback" (to the upside that is).
I also feel that the share offers a generous Dividend Yield.

* The information contained is not financial advice, it is only my opinion.
** I am a Private Analyst working in my personal capacity and have not received any compensation for publishing/sharing this analysis.
*** I do not currently hold the share.
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