TSE:RSI

Rogers Sugar Inc (RSI.TO)

6.83
-0.05 (0.73%)
as of Jun 10, 2026, 8:00:00 pm Market Open.
129 watching
0
Investor Insights
star iconJun 10, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

Rogers Sugar Inc. (RSI-T) operates within an oligopolistic market and is currently facing challenges from a new disruptor in the sugar sector. Experts advise caution in investing, particularly in light of potential stagflation, which could make the stock less attractive if investors pursue higher-yielding alternatives. While the company has maintained a solid performance since 2001 without any annual losses and boasts a manageable payout ratio of under 30%, it is somewhat vulnerable to changes in government regulations and competition. Analysts consider Rogers a steady investment for small- to mid-cap dividend players, noting its dividend yield of about 5% and a business model that is not highly sensitive to economic fluctuations, although growth expectations should be tempered as it is unlikely to deliver high returns. Overall, its position as the second-largest player in the market, protected by secure sugar quotas, provides some assurance, yet potential investors should temper expectations regarding significant appreciation in share value.

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Consensus
Cautious
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Valuation
Fair Value
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Similar
Maple, MGB
DON'T BUY
Sugar prices globally have been rising, but the prices in Canada are controlled. The prospects going forward are pretty flat. Have had a new competitor open up about 18 months ago.
WATCH
global sugar prices have been quite strong, however Roger's Sugar is selling within the Canadian Regime, so their prices are controlled. Their top line revenue has not increased that much, but their cost line has been hurt by natural gas prices. 6 years ago they converted one of their plants from coal to natural gas, which at the time looked good, but now natural gas has become more expensive. Should be watched but it all depends on the price of natural gas.
HOLD
An OK story. Fundamentals are improving in terms of sugar prices.
DON'T BUY
Have a new CEO, got a favorable tariff ruling and is recommended by several banks, but is still backing off. One of the main problems is that its main input is natural gas therefore, input costs are rising. They are under margin pressure because they can't pass the costs on.
BUY
Has been a lousy performer this year. Got government antidumping protection for 3 years. Sugar prices are very strong globally. No indication that the distribution will be cut. 10/11% yield. Stock price should appreciate modestly.
WEAK BUY
As far as the business enterprise trusts are concerned, the only ones he is interested in are the recovery candidates. In this one, you can see a low at the end of 2003 and a higher low currently. Maybe, it is a recovery candidate. If you buy, make sure you have a stop on it.
DON'T BUY
A trust that should only be held by those with a high appetite for risks. Essentially a commodity trust. A lot of exposure to unregulated pricing for their inputs as well as to the US$.
DON'T BUY
The good news over the last couple of years is that the company has built themselves into a pretty good financial position and their balance sheet is in very good shape. The bad news is they still have a lot of competition. A big US producer pushes out a lot of subsidized sugar.
PAST TOP PICK
(A Top Pick Jan 25/05. Down 10%.) A duopoly. with only 2 sugar companies, this and Redpath. Likes the yield. Will buy more at this price.
DON'T BUY
His criteria is for a trust to have a market dominance in what they do and as little competition as possible. This trust does not fit his model at all.
TOP PICK
Sugar's a duopoly in Canada with only 2 companies, Redpath and Rogers. Industry is protected by a tarrif wall. Making pretty good margins. A nice yield.
TOP PICK
Distribution is about 9%. Feels there is a real upside in capital appreciation.
DON'T BUY
Hasn't done well because of many competitive pressures. Higher natural gas prices have been a problem. Also strong competition in the Eastern region.
DON'T BUY
Seems to have one problem after another.
DON'T BUY
Had some issues on beet crops, energy crops and new competition in the Maritimes. Will move sideways for a while.
Showing 106 to 120 of 130 entries