Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

617.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 831.50
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 401.67m
  • Volume: 659,902
  • Market Cap: £2,480.30m
  • RiskGrade: 93

Tate & Lyle Overview

Tate & Lyle produces an estimated 4m tonnes of cereal sweeteners and refines over 2m tonnes of sugar each year sold into around 35 countries. It is is a global leader in cereal sweeteners and starches, sugar refining, value added food and industrial ingredients and citric acid. It is world number one in industrial starches and wheat proteins and the sole manufacturer of sucralose sugar substitute, Splenda.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.0% 0.0%
Div Cover 2.7 2.7
Op Mrgn 11.2% 15.2%
ROCE 12.4%  
Latest F'cast
P/E 12.5 11.2
PEG 0.1 1.4
Pr/Revenue 1.4 1.4
Pr/Book 2.1  
Latest F'cast
Revenue 27.3% -3.8%
PBT 261.9% 68.0%
EPS 98.0% 8.4%
DPS -15.1% 5.3%

Tate & Lyle Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-19 2,755.00 240.00 52.80p 13.8 2.8 +5% 29.40p 4.0%
31-Mar-20 2,882.00 296.00 52.80p 12.5 n/a n/a 29.60p 4.5%
31-Mar-21 1,211.00 90.00 25.40p 30.4 n/a -52% 30.80p 4.0%
31-Mar-22 1,375.00 42.00 24.90p 29.6 n/a -2% 21.80p 3.0%
31-Mar-23 1,751.00 152.00 49.30p 15.9 0.2 +98% 18.50p 2.4%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

Tate & Lyle Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Mar-24 1,684.92 255.38 53.46p 11.6 1.4 +8% 19.47p 0.0%
31-Mar-25 1,650.73 274.51 57.75p 10.7 1.3 +8% 20.70p 0.0%
31-Mar-26 1,721.48 295.26 62.37p 9.9 1.2 +8% 21.72p 0.0%

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Tate & Lyle Company Announcements

Holding(s) in Company 28-Mar-2024 11:45 RNS
Holding(s) in Company 25-Mar-2024 11:45 RNS
Holding(s) in Company 21-Mar-2024 16:10 RNS

Latest Tate & Lyle Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 617.50p
Change Today -2.50p
% Change -0.40 %
52 Week High 831.50
52 Week Low 591.00
Volume 659,902
Shares Issued 401.67m
Market Cap £2,480.30m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
50.79% below the market average50.79% below the market average50.79% below the market average50.79% below the market average50.79% below the market average
68% below the sector average68% below the sector average68% below the sector average68% below the sector average68% below the sector average
Price Trend
32.69% below the market average32.69% below the market average32.69% below the market average32.69% below the market average32.69% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income
13.49% above the market average13.49% above the market average13.49% above the market average13.49% above the market average13.49% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
66.55% above the market average66.55% above the market average66.55% above the market average66.55% above the market average66.55% above the market average
92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 22-Jun-23
Paid 05-Jan-24 02-Aug-23
Amount 6.20p 13.10p

Trades for 28-Mar-2024

Time Volume / Share Price
17:08 5,000 @ 617.50p
16:35 433,515 @ 617.50p
16:35 1,575 @ 617.50p
16:35 1,651 @ 617.50p
16:35 1,679 @ 617.50p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

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