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Tate & Lyle plc (TATE) Fair Value & Analysis

Consumer Defensive · GB · Market cap 2.2B GBX

TL Tate & Lyle plc TATE · LSE
Price£5.54
Fair Value£3.10
Upside-44.0%
Quality97/100
Evidence: High Range £2.44 – £4.90

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 6 days ago

Fair value updated Jun 24, 2026 — revised from £2.68 to £3.10 (+15.7%) since Jun 23, 2026. Share price +9.7% over the past month.

Price vs Fair Value (12 months)

£5.68 £3.29 Fair Value £3.10 Jul 2025 Jun 2026

12‑month range £3.29 – £5.68 · fair‑value band £2.44 – £4.90 · the £5.54 price screens above the £3.10 fair value. As of Jun 24, 2026.

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Analysis

Tate & Lyle plc (TATE) currently trades at £5.54, while our model-based Fair Value estimate is £3.10 — implying the stock looks roughly 44.0% overvalued today. We read business quality at 97/100 (high quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Tate & Lyle plc generated revenue of £2.0B at a net margin of 4.8%. Revenue grew 32.1% year over year. It earns a return on equity of 6.2%. Net debt stands at £950M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 2.0B GBX
Revenue growth (YoY) +32.1%
Net margin 4.8%
Return on equity 6.2%
Free cash flow 122M GBX FY2026
P/E ratio 22.8
More key figures
Operating margin 14.5%
EPS (TTM) £0.2200
Dividend yield 4.0%
EPS growth (YoY) -69.7%
Net debt 950M GBX FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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. Its portfolio includes sweeteners, fibres, stabilisers and functional systems, hydrocolloids, and starches, proteins, and functional flours. The company's products are used in beverages, dairy, soups, sauces and dressings, bakery and snacks, confectionery, household, clinical nutrition, industrial, meat and seafood, and personal care applications. The company has a strategic collaboration with BioHarvest Sciences Inc. The company was incorporated in 1903 and is headquartered in London, the United Kingdom.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Tate & Lyle plc reported revenue of £2.0B in FY2026 versus £1.4B in FY2022, a compound +9.9%/yr. Reported net income was £97.0M in FY2026, compounding −19.9%/yr from FY2022.

Revenue +9.9%/yr
FY22 £1.4B
FY23 £1.8B
FY24 £1.6B
FY25 £1.7B
FY26 £2.0B
Net income −19.9%/yr
FY22 £236M
FY23 £190M
FY24 £188M
FY25 £143M
FY26 £97.0M

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Frequently asked questions

Is Tate & Lyle plc (TATE) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £3.10 versus a price of £5.54 — about −44% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TATE?
Our 21-model fair value for Tate & Lyle plc is £3.10 (as of Jun 24, 2026), built from audited fundamentals. The current price is £5.54.
What is the quality score of TATE?
Tate & Lyle plc has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tate & Lyle plc (TATE)?
Tate & Lyle plc reported trailing-twelve-month revenue of about £2.0B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TATE?
The net profit margin of Tate & Lyle plc is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does Tate & Lyle plc pay a dividend?
Tate & Lyle plc currently shows a dividend yield of about 3.98% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.