Tongaat Hulett's quarterly net PPE
declined
from Sep. 2020 (R5,375 Mil) to Mar. 2021 (R5,190 Mil) but then
increased
from Mar. 2021 (R5,190 Mil) to Sep. 2021 (R5,730 Mil).
Tongaat Hulett's annual net PPE
increased
from Mar. 2019 (R5,709 Mil) to Mar. 2020 (R6,353 Mil) but then
declined
from Mar. 2020 (R6,353 Mil) to Mar. 2021 (R5,190 Mil).
Tongaat Hulett (JSE:TON) Property, Plant and Equipment Explanation
A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.
Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.
Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.
Tongaat Hulett Property, Plant and Equipment Related Terms
Tongaat Hulett Property, Plant and Equipment Historical Data
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The historical data trend for Tongaat Hulett's Property, Plant and Equipment 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.
Tongaat Hulett Property, Plant and Equipment Chart
Tongaat Hulett Property, Plant and Equipment Calculation
Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.
Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.
Some of the most common parts of property, plant, and equipment are:
Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:
Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars
There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.
The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.
For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.
All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.
The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.
What does a Property, Plant and Equipment of R5,730 Mil mean?
Tongaat Hulett (JSE:TON) has a Property, Plant and Equipment of R5,730 Mil as of Sep. 2021. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Property, Plant and Equipment too high?
Tongaat Hulett's current Property, Plant and Equipment is R5,730 Mil. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Property, Plant and Equipment compare to MDLZ and HSY?
Tongaat Hulett's Property, Plant and Equipment of R5,730 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Property, Plant and Equipment for a Consumer Packaged Goods company?
A good Property, Plant and Equipment depends on the Consumer Packaged Goods industry context. However, Property, Plant and Equipment should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Property, Plant and Equipment mean?
A high Property, Plant and Equipment can signal that a stock is expensive relative to its fundamentals. The total property, plant and equipment recorded on a company's balance sheet less accumulated depreciation. View historical data on Tongaat Hulett and its competitors. Tongaat Hulett's current Property, Plant and Equipment is R5,730 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Property, Plant and Equipment of R5,730 Mil. The current Property, Plant and Equipment is R5,730 Mil. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Property, Plant and Equipment calculated?
Property, Plant and Equipment is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Property, Plant and Equipment is R5,730 Mil as of Sep. 2021. 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.
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
11GF Score
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