Food & Beverage - Specialty Sugars & Maple Products
Strategic Profile
Lantic operates cane sugar refineries in Montréal, Québec, and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta. The company markets its products to industrial, consumer, liquid, and export product markets under the Lantic name in Eastern Canada and Rogers name in Western Canada. Rogers Sugar positions itself as a diversified sweetener company with strong geographic reach and unique processing capabilities.
Cyborg Score Rationale
RSI underperformed the Canadian Food industry which returned 47.5% over the past year, and underperformed the Canadian Market which returned 35.7% over the past year. The stock is trading at 43.9% below our estimate of its fair value. However, the company has strong profitability with a healthy dividend yield.
Top Insights
Market cap of CAD $844.94 million as of March 2026
Strong dividend yield of 5.46% attracts income-focused investors
Six-month delay to the LEAP Project due to construction complexity increases execution risk
Maple segment EBITDA growth driven by higher sales volumes and lower administrative expenses
Named Competitors
Tate & Lyle Sugars — International sugar refiner and commodity supplier
Pure Maple Products — Maple syrup and maple product processors in North America
High-Fructose Corn Syrup & Sweeteners — Alternative sweetener suppliers competing for industrial customers
Recent Developments
(February 2026) Q1 FY2026 earnings report showing 18% EBITDA growth year-over-year with consolidated adjusted EBITDA of CAD $47 million
(January 2026) Average 12-month price target of CAD $6.95 established by analyst consensus with ratings mixed between buy and sell
(November 2025) Closed CAD $57.5 million convertible debenture offering to fund capital projects
Open the full interactive Rogers Sugar Inc. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.