TasFoods Limited (TFL) AI Stock Analysis

• Market Cap: AU$2.19M
• Dividend Yield: N/A
• Average Volume (3M): 762.65K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.95
• Revenue Growth: 24.70%
• EPS Growth: -312.00%
• Country: AU
• Employees: 85
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): >-0.01
• Shares Outstanding: 437,095,520
• 10 Day Avg. Volume: 617,623
• 30 Day Avg. Volume: 762,652
• PEG Ratio: >-0.01
• Price to Book (P/B): 1.04
• Price to Sales (P/S): 0.16
• P/FCF Ratio: -2.53
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 44 Neutral
• Price Target: ―

TasFoods Limited's stock faces significant challenges, primarily driven by poor financial performance with declining revenues and persistent losses. The lack of earnings call data and technical indicators leaves the valuation and market position uncertain. The negative P/E ratio and absence of dividends further lower investor appeal.

TasFoods Limited Business Overview & Revenue Model

Company Description

TasFoods Limited processes, manufactures, and sells Tasmanian-made food products in Australia and internationally. The company operates through Dairy and Poultry segments. It offers poultry meat products under the Nichols Poultry, Nichols Ethical Free Range, Isle & Sky, and Nichols Kitchen brands; and wasabi flowers and leaves, as well as fresh wasabi stems and powdered wasabi. The company also provides fresh milk, cheese, cream, butter, and fresh fermented products under the Meander Valley Dairy, Pyengana Dairy, Real Milk, Robur Farm Dairy, Betta Milk, and Tassie Taste brands. In addition, it operates a cafe and retail shop, as well as markets its products through online stores and websites. The company was incorporated in 1998 and is based in Launceston, Australia.

How the Company Makes Money

TasFoods Limited generates revenue primarily through the sale of its core products, which include dairy products such as cheese and milk, as well as meat products like beef and lamb. The company also earns income from its specialty food lines, which include value-added products that cater to health-conscious consumers. Key revenue streams are driven by both wholesale distribution to retailers and direct-to-consumer sales through online platforms. Additionally, TFL has established significant partnerships with local farmers and suppliers, enhancing its supply chain and ensuring product quality. The company benefits from export opportunities, particularly in Asian markets, where demand for premium Australian food products continues to grow.

TasFoods Limited Financial Statement Overview

Summary

TasFoods Limited is facing financial challenges characterized by declining revenues, persistent losses, high leverage, and negative cash flows. The company needs to focus on improving its operational efficiency, reducing debt, and enhancing cash flow generation to stabilize its financial position.

Income Statement

TasFoods Limited has shown a declining trend in revenue growth, with a significant drop in revenue from 2022 to 2023. Gross profit margin remains stable but low, reflecting challenges in cost management. The company is experiencing consistent net losses, resulting in negative net profit margins, which is a concern for profitability.

Balance Sheet

The company's balance sheet reflects high leverage, as indicated by a rising debt-to-equity ratio. Stockholders' equity has decreased over the years, and the equity ratio is weakening, indicating potential financial instability. Return on equity is negative due to recurring net losses, suggesting ineffective use of shareholder funds.

Cash Flow

Cash flow from operations is consistently negative, which is a significant concern for liquidity. The free cash flow position is deteriorating, with negative growth, indicating challenges in generating sufficient cash to fund operations and investments. The company is not converting its net income into cash effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	41.58M	46.05M	47.81M	41.95M	69.44M	66.91M
Gross Profit	18.11M	20.13M	4.54M	16.71M	6.33M	26.42M
EBITDA	-4.21M	-3.31M	-3.23M	-8.98M	-8.39M	-5.26M
Net Income	-9.00M	-10.45M	-987.00K	-16.48M	-10.74M	-6.41M
Balance Sheet
Total Assets	22.46M	23.83M	35.20M	39.18M	48.74M	57.14M
Cash, Cash Equivalents and Short-Term Investments	55.00K	485.00K	3.43M	351.00K	1.45M	7.63M
Total Debt	11.15M	8.21M	6.87M	7.63M	9.00M	7.40M
Total Liabilities	18.89M	16.71M	17.63M	20.85M	20.14M	17.90M
Stockholders Equity	3.57M	7.12M	17.57M	18.33M	28.60M	39.24M
Cash Flow
Free Cash Flow	-3.15M	-2.94M	-5.12M	-15.35M	-7.25M	-1.62M
Operating Cash Flow	-2.74M	-2.41M	-3.50M	-14.38M	-4.46M	-523.00K
Investing Cash Flow	-433.00K	-415.00K	10.52M	621.00K	-2.79M	-1.07M
Financing Cash Flow	1.35M	-122.00K	-3.94M	4.09M	1.45M	7.40M

TasFoods Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
PFT	47 Neutral	AU$4.49M	―	-37.95%	―	-30.56%	41.93%
TFL	44 Neutral	AU$2.19M	-0.49	-115.03%	―	24.70%	-312.00%
OMG	42 Neutral	AU$8.02M	-2.78	-77.48%	―	63.30%	70.00%
EVE	41 Neutral	AU$7.07M	―	-60.84%	―	-18.70%	20.83%
NZS	39 Underperform	AU$3.33M	-9.52	―	―	-94.44%	78.57%

TasFoods Limited Corporate Events

TasFoods Sells Pyengana Dairy to Focus on Poultry Supply Chain

TasFoods Limited has signed a Business Sale Agreement to sell its Pyengana Dairy business to Research Corporation Pty Ltd and Associates, including AgFood Opportunities Fund, for $2 million. The sale aims to reduce debt and strengthen TasFoods’ poultry supply chain, while allowing Pyengana Dairy to scale up under new ownership. The transaction requires shareholder approval and is expected to settle by early November 2025. TasFoods will continue managing Pyengana Dairy under a services agreement to ensure operational continuity and growth.

TasFoods to Divest Pyengana Dairy to Focus on Strategic Growth

TasFoods Limited has announced its decision to sell Pyengana Dairy, a move aimed at allowing the brand to reach its full potential under new ownership. The sale is part of TasFoods’ strategic roadmap to optimize its business portfolio, with proceeds intended to strengthen its poultry supply chain. The company has entered into a non-binding Term Sheet with AgFood Opportunities Fund, with the option to sell Pyengana Dairy for $2 million plus inventory. This divestment is expected to enhance the brand’s growth strategy both nationally and internationally, while TasFoods continues to explore strategic initiatives to improve shareholder returns.

TasFoods Faces Revenue Decline Amid Poultry Oversupply, Focuses on Strategic Growth

TasFoods Limited reported its Q2 2025 results, highlighting a challenging quarter due to an oversupply of poultry in the Tasmanian market, which led to a 19.9% decline in total revenue. Despite these challenges, the company made strategic moves, including the sale of a property, extending a supply agreement with Coles, and receiving grants to support its Pyengana Dairy brand’s expansion. The company also focused on operational improvements, such as key recruitments in Nichols Poultry, which improved production efficiency. The company is undergoing a strategic review of its business units to enhance shareholder returns.