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Tate & Lyle plcLSE:TATE Stock Report

Market Cap UK£2.2b
Share Price
UK£5.09
UK£4.84
5.1% overvalued intrinsic discount
1Y-6.7%
7D-2.4%
1D
Portfolio Value
View

Tate & Lyle plc

LSE:TATE Stock Report

Market Cap: UK£2.2b

Tate & Lyle (TATE) Stock Overview

Engages in the provision of ingredients and solutions to the food, beverages, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe. More details

TATE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance4/6
Financial Health2/6
Dividends2/6

TATE Community Fair Values

Create Narrative

See what 55 others think this stock is worth. Follow their fair value or set your own to get alerts.

Tate & Lyle plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tate & Lyle
Historical stock prices
Current Share PriceUK£5.09
52 Week HighUK£5.80
52 Week LowUK£3.19
Beta0.28
1 Month Change45.29%
3 Month Change25.43%
1 Year Change-6.70%
3 Year Change-36.40%
5 Year Change-43.10%
Change since IPO8.96%

Recent News & Updates

Recent updates

Narrative Update May 13

TATE: Future Earnings Profile Will Reflect Cautious Assumptions And Raised Execution Hurdle

Analysts have trimmed their average price target for Tate & Lyle to about £3.75 from roughly £3.85, reflecting recent target cuts of around £0.15 to £0.24 per share and updated views on growth, profitability and appropriate P/E multiples. Analyst Commentary Recent research updates have leaned cautious, with several bearish analysts cutting price targets and reassessing how much they are willing to pay for Tate & Lyle shares.
Narrative Update Apr 28

TATE: Higher Future P/E Assumptions Will Support Bullish Case For Upside

Analysts have trimmed their consolidated price target for Tate & Lyle by around £0.05 per share, reflecting refreshed assumptions around slightly higher revenue growth, lower profit margins, and a higher future P/E multiple. Analyst Commentary Recent Street research summarises a series of price target trims around Tate & Lyle, paired with updated assumptions on growth, margins, and valuation multiples.
Narrative Update Apr 14

TATE: Reset Price Expectations Will Support Future Upside If Margins Hold

The analyst price target for Tate & Lyle has been reduced by approximately £0.17 per share, as analysts incorporate slightly lower fair value estimates, a modestly higher discount rate, and more conservative assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent Street research shows a series of reductions to Tate & Lyle price targets in £0.15 to £0.24 per share increments, with at least one target now set at £5.00 from £5.40.
Narrative Update Mar 31

TATE: Future Earnings Profile Will Reflect Cautious Assumptions And Limited Upside Potential

Analysts have trimmed their price target on Tate & Lyle to £5.00 from £5.40, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E multiples. Analyst Commentary The cut in the price target to £5.00 from £5.40 signals that some expectations around Tate & Lyle's future performance and valuation have been reined in.
Narrative Update Mar 17

TATE: Future Earnings Profile Will Reflect Cautious Outlook And Higher Required Returns

Analysts have reduced their fair value estimate for Tate & Lyle, bringing it into line with a lower Street price target. Citi has cut its target from £5.40 to £5.00, reflecting updated assumptions on growth, margins and the P/E multiple.
Narrative Update Mar 03

TATE: Reduced Fair Value Will Support Bullish Case For Future Upside

The analyst price target for Tate & Lyle has been reduced by £0.40 to £5.00, as analysts incorporate updated assumptions on growth, profitability and valuation multiples while still seeing potential upside in the shares. Analyst Commentary Bullish analysts have trimmed their price targets slightly, with the latest move taking the target to £5.00 from £5.40, but they continue to see room for upside from current levels.
Narrative Update Feb 16

TATE: Stable Cash Margins And P/E Repricing Will Support Future Upside

Analysts have adjusted their price target on Tate & Lyle to £5.01, with the change reflecting updated assumptions for the discount rate and future P/E multiple, while keeping revenue growth and profit margin expectations broadly in line with prior estimates. Valuation Changes Fair Value: Estimated fair value remains effectively unchanged at £5.01 per share.
Analysis Article Feb 05

Getting In Cheap On Tate & Lyle plc (LON:TATE) Is Unlikely

It's not a stretch to say that Tate & Lyle plc's ( LON:TATE ) price-to-sales (or "P/S") ratio of 0.9x right now seems...
Narrative Update Feb 02

TATE: Future Earnings Profile Will Reflect Higher Dividend And Softer Revenue Outlook

Analysts have trimmed their price target on Tate & Lyle slightly to £3.99, reflecting modest adjustments to revenue growth and discount rate assumptions, alongside a small uplift in expected profit margins and a slightly lower future P/E. What's in the News The Board approved an interim dividend of 6.6 pence per share for the six months to 30 September 2025, with payment scheduled for 5 January 2026 to shareholders on the register as of 21 November 2025 (company announcement).
Narrative Update Jan 19

TATE: Higher Interim Dividend Will Support Renewed Shareholder Value Potential

Analysts have slightly trimmed their fair value estimate for Tate & Lyle to £5.01 from about £5.03, reflecting updated assumptions that combine a modestly lower revenue growth outlook with a higher expected profit margin and a reduced future P/E multiple. What's in the News Tate & Lyle approved an interim dividend for the six months to 30 September 2025 of 6.6 pence per share.
Narrative Update Jan 05

TATE: Future Earnings Profile Will Reflect Dividend Increase And Soft Revenue Outlook

Analysts have slightly reduced their price target on Tate & Lyle to reflect a broadly unchanged fair value of approximately £3.99, despite modest upgrades to revenue growth and profit margin assumptions and a lower future P/E multiple. What's in the News Board approves a higher interim dividend of 6.6 pence per share for the six months to 30 September 2025, up from 6.4 pence in 2024, payable on 5 January 2026 to shareholders on the register as of 21 November 2025 (Key Developments) Company maintains full year guidance for the year ending 31 March 2026, expecting revenue to decline by a low single digit percentage compared with the prior year (Key Developments) Valuation Changes Fair Value: edged down slightly from £4.00 to £3.99 per share, implying a negligible change in estimated intrinsic value.
Narrative Update Dec 15

TATE: Guidance And Contract Pressures Are Expected To Reshape Future Earnings Profile

Our updated narrative on Tate & Lyle reflects a reduced fair value estimate and lower price target, moving from the high 600s GBp toward the 430 to 540 GBp range, as analysts factor in more cautious fiscal 2026 guidance, softer contract renewals, and increased risk to medium term targets from sucralose exposure. Analyst Commentary Bearish analysts have turned more cautious on Tate & Lyle, cutting ratings and trimming price targets in response to updated guidance and rising execution risk.
Narrative Update Nov 29

TATE: Interim Dividend Hike And Market Recovery Will Drive Renewed Shareholder Value

Tate & Lyle's analyst price target has been reduced substantially, with new targets ranging from 430 GBp to 540 GBp. Analysts cite concerns around conservative fiscal guidance and potential contract headwinds as factors weighing on future growth estimates. Analyst Commentary Recent analyst coverage of Tate & Lyle reflects a mix of optimism around the company's long-term prospects and concerns about near-term pressures impacting valuation and growth forecasts.
Narrative Update Nov 15

TATE: Near-Term Headwinds Will Present Attractive Recovery Opportunity Ahead

Tate & Lyle's consensus price target has been reduced significantly, with analysts citing cautious fiscal guidance and industry contract headwinds as key factors in the revised outlook. The price target has shifted from approximately £6.50 down to a range between £4.30 and £5.40 per share.
Analysis Article Nov 09

Tate & Lyle (LON:TATE) Has Announced A Dividend Of £0.066

Tate & Lyle plc's ( LON:TATE ) investors are due to receive a payment of £0.066 per share on 5th of January. This makes...
Narrative Update Oct 31

TATE: Revenue Guidance Revisions Will Drive Near-Term Re-Rating Opportunity

Tate & Lyle's analyst price target has been reduced from approximately £5.53 to £5.28 per share, as analysts cite concerns over the company's revised guidance and increased risks to its medium-term outlook. Analyst Commentary Recent research notes show a range of perspectives regarding Tate & Lyle's performance and future prospects, highlighting both potential strengths and emerging risks for the company.
Narrative Update Oct 17

Integrating CP Kelco And Partnering With Manus Will Drive Growth And Enhance Profitability

Tate & Lyle's analyst price target has been revised downward by approximately 12%, from £6.26 to £5.53 per share. Analysts cite growing concerns over softer demand trends and pressure on future earnings growth.
Narrative Update Oct 03

Integrating CP Kelco And Partnering With Manus Will Drive Growth And Enhance Profitability

Tate & Lyle’s analyst price target has been revised downward by analysts, dropping sharply from approximately £7.09 to £6.26 per share. Recent research highlights concerns about a softer revenue growth outlook and potential headwinds from contract renegotiations and product mix changes.
Analysis Article Oct 02

Why We're Not Concerned Yet About Tate & Lyle plc's (LON:TATE) 26% Share Price Plunge

The Tate & Lyle plc ( LON:TATE ) share price has fared very poorly over the last month, falling by a substantial 26...
Narrative Update Sep 17

Integrating CP Kelco And Partnering With Manus Will Drive Growth And Enhance Profitability

The slight reduction in Tate & Lyle’s consensus price target reflects a modest decline in net profit margin, resulting in a new fair value of £7.09. What's in the News Tate & Lyle is showcasing health-focused ingredient innovations at the IFT FIRST Conference, including advancements in sugar reduction, fiber fortification, and novel textures.
Analysis Article Jul 04

Market Participants Recognise Tate & Lyle plc's (LON:TATE) Earnings

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Mar 11

Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 13

Potential Upside For Tate & Lyle plc (LON:TATE) Not Without Risk

With a median price-to-earnings (or "P/E") ratio of close to 16x in the United Kingdom, you could be forgiven for...
User avatar
New Narrative Dec 17

Integrating CP Kelco And Partnering With Manus Will Drive Growth And Enhance Profitability

Expansion through CP Kelco enhances specialty solutions, driving revenue growth and improving profitability via anticipated cost synergies and EBITDA margin uplift.
Analysis Article Nov 19

Analysts Just Published A Bright New Outlook For Tate & Lyle plc's (LON:TATE)

Tate & Lyle plc ( LON:TATE ) shareholders will have a reason to smile today, with the analysts making substantial...
Analysis Article Nov 12

Tate & Lyle (LON:TATE) Will Pay A Dividend Of £0.064

The board of Tate & Lyle plc ( LON:TATE ) has announced that it will pay a dividend of £0.064 per share on the 6th of...
Analysis Article Nov 07

Tate & Lyle plc's (LON:TATE) Shareholders Might Be Looking For Exit

There wouldn't be many who think Tate & Lyle plc's ( LON:TATE ) price-to-earnings (or "P/E") ratio of 16.2x is worth a...
Analysis Article Oct 10

Here's Why We Think Tate & Lyle (LON:TATE) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Sep 19

Tate & Lyle plc (LON:TATE) Shares Could Be 45% Below Their Intrinsic Value Estimate

Key Insights Tate & Lyle's estimated fair value is UK£12.14 based on 2 Stage Free Cash Flow to Equity Current share...
Analysis Article Aug 08

Tate & Lyle plc's (LON:TATE) Price Is Right But Growth Is Lacking

Tate & Lyle plc's ( LON:TATE ) price-to-earnings (or "P/E") ratio of 13.9x might make it look like a buy right now...
Analysis Article Jul 18

Is Tate & Lyle (LON:TATE) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jun 09

Tate & Lyle's (LON:TATE) Dividend Will Be £0.129

Tate & Lyle plc ( LON:TATE ) has announced that it will pay a dividend of £0.129 per share on the 2nd of August...
Analysis Article May 26

Tate & Lyle's (LON:TATE) Dividend Will Be £0.129

Tate & Lyle plc ( LON:TATE ) has announced that it will pay a dividend of £0.129 per share on the 2nd of August...
Analysis Article May 03

Tate & Lyle plc's (LON:TATE) Popularity With Investors Is Under Threat From Overpricing

It's not a stretch to say that Tate & Lyle plc's ( LON:TATE ) price-to-earnings (or "P/E") ratio of 15.1x right now...
Analysis Article Jan 15

Return Trends At Tate & Lyle (LON:TATE) Aren't Appealing

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
Analysis Article Jan 01

Tate & Lyle (LON:TATE) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 18

Tate & Lyle plc's (LON:TATE) Business Is Yet to Catch Up With Its Share Price

With a median price-to-earnings (or "P/E") ratio of close to 15x in the United Kingdom, you could be forgiven for...

Shareholder Returns

TATEGB FoodGB Market
7D-2.4%-1.4%1.5%
1Y-6.7%-5.3%19.4%

Return vs Industry: TATE underperformed the UK Food industry which returned -5.3% over the past year.

Return vs Market: TATE underperformed the UK Market which returned 19.4% over the past year.

Price Volatility

Is TATE's price volatile compared to industry and market?
TATE volatility
TATE Average Weekly Movement14.0%
Food Industry Average Movement5.6%
Market Average Movement5.7%
10% most volatile stocks in GB Market12.0%
10% least volatile stocks in GB Market3.1%

Stable Share Price: TATE's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: TATE's weekly volatility has increased from 8% to 14% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19035,000Nick Hamptonwww.tateandlyle.com

Tate & Lyle plc, together with its subsidiaries, engages in the provision of ingredients and solutions to the food, beverages, and other industries in North America, Asia, Middle East, Africa, Latin America, and Europe. The company operates through four segments: Food & Beverage Solutions, Sucralose, Primary Products Europe, and CP Kelco. Its portfolio includes sweeteners, fibres, stabilisers and functional systems, hydrocolloids, and starches, proteins, and functional flours.

Tate & Lyle plc Fundamentals Summary

How do Tate & Lyle's earnings and revenue compare to its market cap?
TATE fundamental statistics
Market capUK£2.25b
Earnings (TTM)UK£97.00m
Revenue (TTM)UK£2.01b
23.2x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TATE income statement (TTM)
RevenueUK£2.01b
Cost of RevenueUK£0
Gross ProfitUK£2.01b
Other ExpensesUK£1.91b
EarningsUK£97.00m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Nov 05, 2026

Earnings per share (EPS)0.22
Gross Margin100.00%
Net Profit Margin4.84%
Debt/Equity Ratio77.5%

How did TATE perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
90%
Payout Ratio

Does TATE pay a reliable dividends?

See TATE dividend history and benchmarks
When do you need to buy TATE by to receive an upcoming dividend?
Tate & Lyle dividend dates
Ex Dividend DateJun 18 2026
Dividend Pay DateJul 31 2026
Days until Ex dividend24 days
Days until Dividend pay date67 days

Does TATE pay a reliable dividends?

See TATE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 07:50
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tate & Lyle plc is covered by 24 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexander SloaneBarclays
Fulvio CazzolBerenberg
Joan LimBNP Paribas