T

Tsogo Sun Gaming Ltd
JSE:TSG

Watchlist Manager
Tsogo Sun Gaming Ltd
JSE:TSG
Watchlist
Price: 686 Zac 0.88% Market Closed
Market Cap: 6.7B ZAR

P/B

1.3
Current
46%
Cheaper
vs 3-y average of 2.4

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
Zac7B
/
Total Equity
5.5B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.3
=
Market Cap
Zac7B
/
Total Equity
5.5B

Valuation Scenarios

Tsogo Sun Gaming Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (2.4), the stock would be worth Zac1 263.21 (84% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-5%
Maximum Upside
+113%
Average Upside
66%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.3 Zac686
0%
3-Year Average 2.4 Zac1 263.21
+84%
5-Year Average 2.7 Zac1 459.13
+113%
Industry Average 1.2 Zac654.65
-5%
Country Average 2.2 Zac1 174.99
+71%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Lower than 85% of companies in South Africa
Percentile
15th
Based on 15 companies
15th percentile
1.3
Low
0.5 — 1.8
Typical Range
1.8 — 6.5
High
6.5 —
Distribution Statistics
South Africa
Min 0.5
30th Percentile 1.8
Median 2.2
70th Percentile 6.5
Max 10.9

Tsogo Sun Gaming Ltd
Glance View

In the vibrant world of South Africa's leisure and entertainment industry, Tsogo Sun Gaming Ltd. stands as a formidable player, weaving a narrative of strategic growth and diversification. Born from the merger of Tsogo Sun Holdings and Gold Reef Resorts in 2011, the company has since strategically expanded its footprint across the country, threading its gaming operations through a network of casinos, hotels, and entertainment complexes. At the heart of its operations, Tsogo Sun Gaming generates the lion’s share of its revenue from its diverse array of casinos, which serve as entertainment hubs attracting a steady stream of locals and tourists. These establishments, boasting an extensive assortment of slot machines and table games, create a vibrant ecosystem where chance meets commerce, fostering environments that draw in patrons with the allure of a uniquely immersive experience. Beyond the spinning reels and card tables, Tsogo Sun Gaming complements its core operations with ancillary offerings that enhance its guests' experiences and further contribute to revenue streams. The company meticulously integrates hospitality services, offering accommodations through strategically located hotels that cater to both leisure and business travelers. These accommodations, often nestled within or adjacent to the gaming complexes, capitalize on the foot traffic generated by the casinos. Additionally, restaurants, theaters, and conference facilities further enliven its venues, creating dynamic, multifaceted environments that encourage longer stays and increased spending. By entwining its gaming operations with these complementary services, Tsogo Sun Gaming adeptly balances the unpredictable nature of gaming revenues with the more stable inflows from its ancillary offerings, crafting a robust business model that sustains its position in the entertainment landscape.

TSG Intrinsic Value
1 587.61 Zac
Undervaluation 57%
Intrinsic Value
Price Zac686
T
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett