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TasFoods

ASX:TFL
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TFL
ASX
A$37M
Market Cap
  1. Home
  2. AU
  3. Food, Beverage & Tobacco
Company description

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia. The last earnings update was 51 days ago. More info.


Add to Portfolio Compare Print
TFL Share Price and Events
7 Day Returns
-3.6%
ASX:TFL
-0.4%
AU Food
1.3%
AU Market
1 Year Returns
-3.6%
ASX:TFL
-10%
AU Food
9.9%
AU Market
TFL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
TasFoods (TFL) -3.6% -3.6% -6.9% -3.6% -44.9% -28.9%
AU Food -0.4% 2.4% -2.3% -10% -6.5% 31.9%
AU Market 1.3% -0.6% -1% 9.9% 17.6% 17.8%
1 Year Return vs Industry and Market
  • TFL outperformed the Food industry which returned -10% over the past year.
  • TFL underperformed the Market in Australia which returned 9.9% over the past year.
Price Volatility
TFL
Industry
5yr Volatility vs Market

Value

 Is TasFoods undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for TasFoods. This is due to cash flow or dividend data being unavailable. The share price is A$0.135.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for TasFoods's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are TasFoods's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:TFL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in AUD A$-0.01
ASX:TFL Share Price ** ASX (2019-10-10) in AUD A$0.14
Australia Food Industry PE Ratio Median Figure of 21 Publicly-Listed Food Companies 25.25x
Australia Market PE Ratio Median Figure of 557 Publicly-Listed Companies 17.93x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of TasFoods.

ASX:TFL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:TFL Share Price ÷ EPS (both in AUD)

= 0.14 ÷ -0.01

-14.42x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TasFoods is loss making, we can't compare its value to the AU Food industry average.
  • TasFoods is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does TasFoods's expected growth come at a high price?
Raw Data
ASX:TFL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -14.42x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Food Industry PEG Ratio Median Figure of 13 Publicly-Listed Food Companies 1.47x
Australia Market PEG Ratio Median Figure of 357 Publicly-Listed Companies 1.69x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for TasFoods, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on TasFoods's assets?
Raw Data
ASX:TFL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in AUD A$0.16
ASX:TFL Share Price * ASX (2019-10-10) in AUD A$0.14
Australia Food Industry PB Ratio Median Figure of 43 Publicly-Listed Food Companies 1.24x
Australia Market PB Ratio Median Figure of 1,705 Publicly-Listed Companies 1.8x
ASX:TFL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:TFL Share Price ÷ Book Value per Share (both in AUD)

= 0.14 ÷ 0.16

0.86x

* Primary Listing of TasFoods.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • TasFoods is good value based on assets compared to the AU Food industry average.
X
Value checks
We assess TasFoods's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Food industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Food industry average (and greater than 0)? (1 check)
  5. TasFoods has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is TasFoods expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TasFoods has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.7%
Expected Food industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is TasFoods expected to grow at an attractive rate?
  • Unable to compare TasFoods's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare TasFoods's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare TasFoods's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:TFL Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Food Industry Earnings Growth Rate Market Cap Weighted Average 35.7%
Australia Food Industry Revenue Growth Rate Market Cap Weighted Average 9.1%
Australia Market Earnings Growth Rate Market Cap Weighted Average 10.2%
Australia Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ASX:TFL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:TFL Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-06-30 41 0 -2
2019-03-31 40 -1 -2
2018-12-31 39 -2 -1
2018-09-30 37 -3 -4
2018-06-30 35 -4 -6
2018-03-31 33 -3 -7
2017-12-31 31 -3 -7
2017-06-30 28 -3 -3
2017-03-31 22 -3 -3
2016-12-31 16 -3 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if TasFoods is high growth as no earnings estimate data is available.
  • Unable to determine if TasFoods is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:TFL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from TasFoods Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TFL Past Financials Data
Date (Data in AUD Millions) EPS *
2019-06-30 -0.01
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.04
2017-06-30 -0.02
2017-03-31 -0.02
2016-12-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if TasFoods will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine TasFoods's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. TasFoods's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Food, Beverage & Tobacco companies here
  3. TasFoods's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess TasFoods's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
TasFoods has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has TasFoods performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare TasFoods's growth in the last year to its industry (Food).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • TasFoods does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare TasFoods's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare TasFoods's 1-year growth to the AU Food industry average as it is not currently profitable.
Earnings and Revenue History
TasFoods's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from TasFoods Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:TFL Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 41.13 -1.94 17.34 0.03
2019-03-31 39.95 -1.65 17.04 0.03
2018-12-31 38.76 -1.36 16.74 0.04
2018-09-30 37.04 -3.80 16.44 0.02
2018-06-30 35.32 -6.24 16.14 0.00
2018-03-31 33.18 -6.53 15.95 0.06
2017-12-31 31.03 -6.81 15.76 0.11
2017-06-30 28.50 -3.27 16.02 0.25
2017-03-31 22.30 -3.13 13.06 0.18
2016-12-31 16.11 -2.98 10.10 0.12
2016-06-30 2.04 -2.67 3.52
2016-03-31 1.53 -2.38 3.48
2015-12-31 1.02 -2.10 3.44
2015-09-30 1.31 -2.11 2.97
2015-06-30 0.90 -2.12 2.50
2015-03-31 0.67 -2.26 2.55
2014-12-31 0.45 -2.41 2.61
2014-09-30 2.92 -0.51 4.65
2014-06-30 5.39 1.39 6.70
2014-03-31 6.77 2.35 7.54
2013-12-31 8.15 3.32 8.38
2012-12-31 7.74 3.56 8.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if TasFoods has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if TasFoods has efficiently used its assets last year compared to the AU Food industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if TasFoods improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess TasFoods's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Food industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
TasFoods has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is TasFoods's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up TasFoods's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • TasFoods is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • TasFoods's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of TasFoods's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from TasFoods Company Filings, last reported 3 months ago.

ASX:TFL Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 32.37 3.67 7.08
2019-03-31 32.37 3.67 7.08
2018-12-31 34.27 0.68 6.66
2018-09-30 34.27 0.68 6.66
2018-06-30 34.22 0.83 9.73
2018-03-31 34.22 0.83 9.73
2017-12-31 31.65 0.44 9.66
2017-06-30 33.14 0.13 10.75
2017-03-31 33.14 0.13 10.75
2016-12-31 35.07 0.51 11.86
2016-06-30 35.87 0.48 16.06
2016-03-31 35.87 0.48 16.06
2015-12-31 5.55 0.00 2.80
2015-09-30 5.55 0.00 2.80
2015-06-30 4.69 0.00 5.35
2015-03-31 4.69 0.00 5.35
2014-12-31 57.36 0.00 58.09
2014-09-30 57.36 0.00 58.09
2014-06-30 46.04 0.00 20.10
2014-03-31 46.04 0.00 20.10
2013-12-31 47.00 0.00 21.67
2012-12-31 41.27 0.00 18.67
  • TasFoods's level of debt (11.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if TasFoods's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • TasFoods has sufficient cash runway for 1.5 years based on current free cash flow.
  • TasFoods has sufficient cash runway for 1.3 years if free cash flow continues to reduce at historical rates of -3.8% each year.
X
Financial health checks
We assess TasFoods's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. TasFoods has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is TasFoods's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from TasFoods dividends.
If you bought A$2,000 of TasFoods shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate TasFoods's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate TasFoods's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ASX:TFL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Australia Food Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.1%
Australia Market Average Dividend Yield Market Cap Weighted Average of 407 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.5%
Australia Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as TasFoods has not reported any payouts.
  • Unable to verify if TasFoods's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of TasFoods's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as TasFoods has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess TasFoods's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can TasFoods afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. TasFoods has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of TasFoods's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jane Bennett
COMPENSATION A$292,850
TENURE AS CEO 3.7 years
CEO Bio

Ms. Jane Frances Bennett, AdvCertAppSc (Dairy Tech), FAICD has been the Chief Executive Officer and Managing Director of TasFoods Limited since February 18, 2016. Ms. Bennett is driven to protect and expand Tasmanian employment opportunities and attract new investment to the State. She served as the Managing Director of Ashgrove Cheese Pty Ltd. until February 2011 and was its founder. Ms. Bennett spent 18 years at the helm of family owned company Ashgrove Cheese Pty Ltd. She has 20 years experience as a senior executive in vertically integrated dairy operations in Tasmania and UK. Along with her work in the family business, she has a range of experience in industry advisory bodies for food, agriculture, education and training and in rural and regional economic development. She was Head of Strategic Development and General Manager of Dairy at TasFoods Limited. In 1996, she became President of the Tasmanian Rural Industry Training Board. She served as a Director of Australian Broadcasting Corporation since June 30, 2011 until June 29, 2016. She has been an Executive Director at TasFoods Limited since February 18, 2016 and was its Non Executive Director from September 3, 2015 until February 18, 2016. She is a director of Food Innovation Australia Ltd. She serves as a Director of Australian Farm Institute and Nuffield Australia. In 1999, she joined the Tasmanian Food Industry Council and was its Chair from 2002 to 2007. She served as a Non-Executive Director of Tasman Farms Limited since March 4, 2014 until October 5, 2015. She served as a Non-Executive Director of Tasmanian Ports Corporation Pty Ltd. since November 23, 2010 until November 28, 2016. She has spent 4 years working as a non-executive director in a diverse portfolio of companies including the CSIRO. She previously served on the board of the Brand Tasmania Council for 10 years. She was named 1997 Australian ABC Rural Women of the Year and in 1998 Young Australian of the Year. In 2010, she was named Tasmanian Telstra Business Woman of the Year. In 2008, she undertook a Nuffield Farming Scholarship looking at the role of regionality in the marketing and branding of food.

CEO Compensation
  • Jane's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Jane's remuneration is about average for companies of similar size in Australia.
Management Team

Jane Bennett

TITLE
MD, CEO & Director
COMPENSATION
A$293K
TENURE
3.7 yrs

Donna Wilson

TITLE
Chief Financial Officer
COMPENSATION
A$210K
TENURE
3.3 yrs

Janelle O’Reilly

TITLE
General Counsel & Company Secretary

David Bennett

TITLE
Chief Sales & Marketing Officer
Board of Directors Tenure

Average tenure of the TasFoods board of directors in years:

3.7
Average Tenure
  • The tenure for the TasFoods board of directors is about average.
Board of Directors

Shane Noble

TITLE
Executive Chairman
COMPENSATION
A$332K
TENURE
1.7 yrs

Jane Bennett

TITLE
MD, CEO & Director
COMPENSATION
A$293K
TENURE
3.7 yrs

Roger McBain

TITLE
Non-Executive Director
COMPENSATION
A$42K
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
X
Management checks
We assess TasFoods's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. TasFoods has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

TasFoods (ASX:TFL) Has Us Worried With Its Last Reported Debt Levels

We note that TasFoods Limited (ASX:TFL) does have debt on its balance sheet. … The first thing to do when considering how much debt a business uses is to look at its cash and debt together. … ASX:TFL Historical Debt, July 11th 2019 How Healthy Is TasFoods's Balance Sheet?

Simply Wall St -

Do Insiders Own Lots Of Shares In TasFoods Limited (ASX:TFL)?

Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company. … Insider Ownership Of TasFoods The definition of company insiders can be subjective, and does vary between jurisdictions. … But other times, private equity is selling out, having taking the company public.

Simply Wall St -

Does TasFoods Limited's (ASX:TFL) CEO Pay Matter?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Jane Bennett's Compensation Compare With Similar Sized Companies. … Our data indicates that TasFoods Limited is worth AU$27m, and total annual CEO compensation is AU$293k.

Simply Wall St -

Did You Manage To Avoid TasFoods's (ASX:TFL) Painful 56% Share Price Drop?

Long term TasFoods Limited (ASX:TFL) shareholders know that all too well, since the share price is down considerably over three years. … And the ride hasn't got any smoother in recent times over the last year, with the price 29% lower in that time. … When we see revenue growth, paired with a falling share price, we can't help wonder if there is an opportunity for those who are willing to dig deeper.

Simply Wall St -

Here's What We Think About TasFoods Limited's (ASX:TFL) CEO Pay

How Does Jane Bennett's Compensation Compare With Similar Sized Companies. … According to our data, TasFoods Limited has a market capitalization of AU$29m, and pays its CEO total annual compensation worth AU$305k. … We examined a group of similar sized companies, with market capitalizations of below AU$279m

Simply Wall St -

What Does TasFoods Limited's (ASX:TFL) Ownership Structure Look Like?

Every investor in TasFoods Limited (ASX:TFL) should be aware of the most powerful shareholder groups. … Taking a look at the our data on the ownership groups (below), it's seems that. … Let's take a closer look to see what the different types of shareholder can tell us about TFL

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Is TasFoods Limited's (ASX:TFL) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as TasFoods Limited (ASX:TFL) with its market cap of AU$23.94m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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TasFoods Limited (ASX:TFL) And The Consumer Discretionary Sector Outlook 2017

However, this rate came in below the growth rate of the Australian stock market as a whole. … ASX:TFL PE PEG Gauge Oct 27th 17 The food product industry is trading at a PE ratio of 12x, relatively similar to the rest of the Australian stock market PE of 16x. … If TFL has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the food product industry.

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Company Info

Description

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia. The company operates through three segments: Dairy, Poultry, and Corporate and Other segment. It offers poultry meat products under Nichols Poultry, Nichols Ethical Free Range, and Nichols Kitchen brands; and wasabi flowers, leaves, and leaf stalk, as well as fresh wasabi stems and powdered wasabi. The company also provides cream under the Meander Valley Dairy brand; goat milk and cheese under the Robur Farm brand; bottled milk and cheese under the Pyengana Dairy brand; and butter. In addition, it operates café and retail shop. The company also exports its products. TasFoods Limited is headquartered in Launceston, Australia.

Details
Name: TasFoods Limited
TFL
Exchange: ASX
Founded:
A$36,890,874
273,265,740
Website: http://www.tasfoods.com.au
Address: TasFoods Limited
52-54 Tamar Street,
Launceston,
Tasmania, 7250,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX TFL Ordinary Shares Australian Securities Exchange AU AUD 16. Dec 1999
CHIA TFL Ordinary Shares Chi-X Australia AU AUD 16. Dec 1999
Number of employees
Current staff
Staff numbers
0
TasFoods employees.
Industry
Packaged Foods and Meats
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/13 10:32
End of day share price update: 2019/10/10 00:00
Last earnings filing: 2019/08/23
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.