Tsogo Sun (JSE:TSG) EBITDA Margin %: 28.48% (As of Mar. 2026) — 16% Below Median


JSE:TSG Tsogo Sun Ltd JSE:TSG
78 GF Score
Price R7.67
GF Value R10.61
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Tsogo Sun EBITDA Margin %?

Tsogo Sun JSE:TSG +0.92% 78 EBITDA Margin % is 28.48% as of Mar. 2026, which is 16% below its 10-year median of 34.02. GuruFocus rates JSE:TSG with a GF Score™ of 78/100 and a GF Value™ of R10.61 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 845 Travel & Leisure companies, Tsogo Sun ranks better than 73.25% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Tsogo Sun's EBITDA for the six months ended in Mar. 2026 was R1,545 Mil. Tsogo Sun's Revenue for the six months ended in Mar. 2026 was R5,424 Mil. Therefore, Tsogo Sun's EBITDA margin for the quarter that ended in Mar. 2026 was 28.48%.


Tsogo Sun  (JSE:TSG) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Tsogo Sun EBITDA Margin % Related Terms


Tsogo Sun EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Tsogo Sun's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tsogo Sun EBITDA Margin % Chart

Tsogo Sun Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.24 35.17 32.87 29.27 29.25

Tsogo Sun Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.84 32.12 26.37 30.02 28.48

JSE:TSG vs LVS, MGM, WYNN: EBITDA Margin % Comparison

For the Resorts & Casinos subindustry, Tsogo Sun's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsogo Sun EBITDA Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tsogo Sun's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Tsogo Sun's EBITDA Margin % falls into.


JSE:TSG
78GF Score
Tsogo Sun Ltd JSE:TSG
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tsogo Sun EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Tsogo Sun's EBITDA Margin % for the fiscal year that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=3171/10841
=29.25 %

Tsogo Sun's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1545/5424
=28.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 28.48% mean?
Tsogo Sun (JSE:TSG) has a EBITDA Margin % of 28.48% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tsogo Sun and its competitors. This is 16% below median its historical median of 34.02. Over the past decade, Tsogo Sun's EBITDA Margin % has ranged from 15.66 to 43.09. According to the industry distribution chart, Tsogo Sun ranks #226 out of 845 companies in the Travel & Leisure industry, placing it in the top 26.7%.
Is Tsogo Sun's EBITDA Margin % too high?
Tsogo Sun's current EBITDA Margin % of 28.48% is 16% below median its 10-year median of 34.02. Over the past 10 years, this metric has ranged from a low of 15.66 to a high of 43.09. The Travel & Leisure industry median EBITDA Margin % is 15.67. Tsogo Sun's value of 28.48% is 81.7% above this industry median. Based on the distribution chart, Tsogo Sun ranks #226 out of 845 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tsogo Sun has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tsogo Sun's EBITDA Margin % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Tsogo Sun ranks #226 out of 845 companies for EBITDA Margin %. This puts Tsogo Sun in the upper half of its industry. The industry median EBITDA Margin % is 15.67. Tsogo Sun's value of 28.48% is 81.7% above this benchmark. Historically, Tsogo Sun's own EBITDA Margin % has ranged from 15.66 to 43.09 over the past decade. While the company's 10-year median is 34.02 vs. the industry median of 15.67, Tsogo Sun has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Travel & Leisure company?
The median EBITDA Margin % among Travel & Leisure companies is 15.67, based on 845 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tsogo Sun's current EBITDA Margin % of 28.48% is 81.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Tsogo Sun and its competitors. For the Travel & Leisure industry, the median EBITDA Margin % is 15.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tsogo Sun's current EBITDA Margin % is 28.48%, which is 16% below median its own 10-year median of 34.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tsogo Sun stock overvalued right now?
Based on GuruFocus' analysis, Tsogo Sun (JSE:TSG) is currently considered Modestly Undervalued. The stock's GF Value™ is R10.61, compared to a current price of R7.67 — trading 27.7% below its estimated fair value. The current EBITDA Margin % is 28.48%, which is 16% below median its 10-year median of 34.02 and 81.7% above the Travel & Leisure industry median of 15.67. Tsogo Sun's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Tsogo Sun (JSE:TSG), the current EBITDA Margin % is 28.48% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tsogo Sun (JSE:TSG) Overvalued in 2026?

Based on GuruFocus' analysis, Tsogo Sun stock appears to be undervalued. The current stock price of R7.67 is trading 27.7% below its estimated GF Value™ of R10.61. GuruFocus considers Tsogo Sun to be Modestly Undervalued.

Key valuation signals for JSE:TSG:

  • EBITDA Margin %: 28.48% (16% below median its 10-year median of 34.02)
  • GF Value™: R10.61 vs. price of R7.67 (27.7% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 81.7% above the Travel & Leisure median (#226 of 845)

No single metric tells the full story. See the JSE:TSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tsogo Sun Business Description

Other Exchanges G5E:Germany
Address Montecasino Boulevard, Palazzo Towers East, Fourways, Johannesburg, GT, ZAF, 2055
Tsogo Sun Ltd is engaged principally in the gaming, entertainment, and hospitality industry operating in South Africa. It owns and operates casino and entertainment destinations in South Africa, hotels, Galaxy Bingo sites, VSlots limited payout machines, playTSOGO, Bet.co.za, a Theme Park, theatres, cinemas, restaurants, bars, and conference facilities. The company's operating segments are; Casinos, LPMs, Other gaming and betting, and Corporate. Maximum revenue for the company is derived from its Casinos segment.
78GF Score

Get the complete analysis for JSE:TSG

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R7.67
Price
R10.61
GF Value