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Australian (ASX) Consumer Staples Sector Analysis

UpdatedMay 26, 2026
DataAggregated Company Financials
Companies44
  • 7D4.0%
  • 3M1.3%
  • 1Y-2.9%
  • YTD2.8%

In the last week, the Consumer Staples industry is up 4.0%, with Woolworths Group up 0.8%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

Has the Australian Consumer Staples Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 May 2026AU$94.5bAU$171.0bAU$2.1b14.8x44.9x0.6x
Thu, 23 Apr 2026AU$102.2bAU$170.8bAU$2.1b15.5x48.9x0.6x
Sat, 21 Mar 2026AU$97.1bAU$170.8bAU$2.1b17.4x46.5x0.6x
Mon, 16 Feb 2026AU$94.6bAU$168.8bAU$3.5b13.8x26.8x0.6x
Wed, 14 Jan 2026AU$92.5bAU$168.9bAU$3.5b15.6x26.1x0.5x
Fri, 12 Dec 2025AU$92.6bAU$169.3bAU$3.5b15.7x26.2x0.5x
Sun, 09 Nov 2025AU$92.1bAU$169.1bAU$3.5b15.7x26.2x0.5x
Tue, 07 Oct 2025AU$92.0bAU$169.1bAU$3.5b16.9x26.1x0.5x
Thu, 04 Sep 2025AU$95.1bAU$169.1bAU$3.5b16x27x0.6x
Sat, 02 Aug 2025AU$94.9bAU$169.6bAU$3.8b24.8x24.7x0.6x
Mon, 30 Jun 2025AU$95.1bAU$169.6bAU$3.8b24.5x25x0.6x
Wed, 28 May 2025AU$96.7bAU$168.8bAU$3.7b24.3x26x0.6x
Fri, 25 Apr 2025AU$95.4bAU$168.1bAU$3.7b23.6x25.5x0.6x
Sun, 23 Mar 2025AU$92.4bAU$167.8bAU$3.8b25.2x24.5x0.6x
Tue, 18 Feb 2025AU$96.0bAU$165.6bAU$2.2b23.5x43.8x0.6x
Thu, 16 Jan 2025AU$92.8bAU$165.4bAU$2.1b24.7x43.3x0.6x
Sat, 14 Dec 2024AU$93.7bAU$165.5bAU$2.1b23.7x44.3x0.6x
Mon, 11 Nov 2024AU$92.6bAU$165.2bAU$2.0b21.3x46.4x0.6x
Wed, 09 Oct 2024AU$97.3bAU$165.2bAU$2.0b20.6x48.7x0.6x
Fri, 06 Sep 2024AU$99.1bAU$165.4bAU$1.9b20.6x51x0.6x
Sun, 04 Aug 2024AU$100.2bAU$160.8bAU$1.7b19.9x60.1x0.6x
Tue, 02 Jul 2024AU$96.7bAU$160.8bAU$1.7b20x58.1x0.6x
Thu, 30 May 2024AU$91.4bAU$160.7bAU$1.6b19.2x57.5x0.6x
Sat, 27 Apr 2024AU$94.3bAU$162.2bAU$1.7b16.6x54.9x0.6x
Mon, 25 Mar 2024AU$95.6bAU$162.2bAU$1.7b17.8x55.7x0.6x
Wed, 21 Feb 2024AU$99.6bAU$160.5bAU$3.4b18.1x29.2x0.6x
Fri, 19 Jan 2024AU$101.6bAU$163.6bAU$3.0b20.4x34.4x0.6x
Sun, 17 Dec 2023AU$103.1bAU$163.6bAU$3.0b21.4x34.9x0.6x
Tue, 14 Nov 2023AU$99.4bAU$164.0bAU$3.2b24.5x31x0.6x
Thu, 12 Oct 2023AU$103.9bAU$164.0bAU$3.2b22.2x32.4x0.6x
Sat, 09 Sep 2023AU$103.2bAU$164.0bAU$3.2b23.1x32.1x0.6x
Mon, 07 Aug 2023AU$109.8bAU$161.1bAU$3.8b21.7x29.1x0.7x
Wed, 05 Jul 2023AU$111.3bAU$161.1bAU$3.8b21.7x29.5x0.7x
Fri, 02 Jun 2023AU$108.5bAU$161.0bAU$3.8b21.8x28.9x0.7x
Price to Earnings Ratio

28.9x


Total Market Cap: AU$108.5bTotal Earnings: AU$3.8bTotal Revenue: AU$161.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Consumer Staples Sector Price to Earnings3Y Average 37.9x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Consumer Staples industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 44.9x which is higher than its 3-year average PE of 37.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
  • The earnings for companies in the Consumer Staples industry have declined 18% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.0% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Consumer Staples sector?

AU Market1.96%
Consumer Staples3.96%
Beverage9.40%
Food and Staples Retail4.08%
Food1.44%
Household Products-2.86%
Personal Products-4.46%
Industry PE
  • Investors are most optimistic about the Food and Staples Retail industry which is trading above its 3-year average PE ratio of 29.6x.
    • Analysts are expecting annual earnings growth of 19.1%, which is higher than its past year's earnings decline of 13.5% per year.
Forecasted Growth
  • Analysts are most optimistic on the Beverage industry, expecting annual earnings growth of 68% over the next 5 years.
  • In contrast, the Food industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
WOW Woolworths GroupAU$34.490.8%
+AU$342.0m		8.4%PE70.5x
TWE Treasury Wine EstatesAU$4.432.1%
+AU$72.7m		-46.1%PS1.3x
MTS MetcashAU$3.051.7%
+AU$55.0m		-9.5%PE11.8x
GNC GrainCorpAU$5.074.1%
+AU$43.3m		-31.9%PS0.2x
ELD EldersAU$5.802.3%
+AU$27.9m		-8.2%PE22.1x

Latest News

SHV
AU$3.55
Select Harvests
7D
-1.9%
1Y
-21.3%
ELD
AU$5.80
Elders
7D
2.3%
1Y
-8.2%
GNC
AU$5.07
GrainCorp
7D
4.1%
1Y
-31.9%
Narrative Update • May 22

GNC: Higher Future P/E Will Support Earnings Stability Despite Softer Assumptions

Analysts have reduced their price target on GrainCorp to A$6.35 from A$7.44, citing updated views on fair value, a slightly higher discount rate, and modestly softer expectations for revenue growth, profit margins, and future P/E. Valuation Changes Fair Value: reduced from A$7.44 to A$6.35, indicating a lower assessed valuation for the stock.
EDV
AU$3.08
Endeavour Group
7D
-0.3%
1Y
-24.1%
Narrative Update • May 21

EDV: Margin Resilience And Dividend Outlook Will Shape Future Shareholder Appeal

Analysts have trimmed their price target on Endeavour Group to A$3.61 from A$3.87, citing updated assumptions around fair value, discount rate, revenue growth, profit margins and future P/E multiples following recent bearish Street research. Analyst Commentary Recent Street research, including a fresh bearish initiation from Goldman Sachs, has pushed analysts to revisit how much they are willing to pay for Endeavour Group shares relative to earnings and cash flow.
COL
AU$21.21
Coles Group
7D
-0.9%
1Y
-2.2%
TWE
AU$4.43
Treasury Wine Estates
7D
2.1%
1Y
-46.1%
BGA
AU$5.35
Bega Cheese
7D
1.1%
1Y
-1.7%
CBO
AU$3.92
Cobram Estate Olives
7D
-4.6%
1Y
92.2%
ING
AU$1.99
Inghams Group
7D
1.5%
1Y
-47.4%
MTS
AU$3.05
Metcash
7D
1.7%
1Y
-9.5%
New Narrative • May 13

Digital Marketplace Expansion And Retail Media Will Reshape Long Term Earnings Quality

Catalysts About Metcash Metcash supplies independent retailers and trade customers across food, liquor, hardware and tools with wholesale, distribution and related retail support services. What are the underlying business or industry changes driving this perspective?
DAI
AU$0.57
Decidr AI Industries
7D
-15.6%
1Y
52.0%
BUB
AU$0.092
Bubs Australia
7D
-4.2%
1Y
-29.2%
WOW
AU$34.49
Woolworths Group
7D
0.8%
1Y
8.4%
Narrative Update • May 02

WOW: Dividend Clarity And Stable Expectations Will Shape A Measured Outlook

Analysts have trimmed their Woolworths Group price target slightly to A$34.85 from A$35.39, reflecting updated views on discount rates, revenue growth, profit margins, and future P/E assumptions. What's in the News Woolworths Group declared a fully franked interim dividend of A$0.45 per share for the six months ending 4 January 2026, giving investors clarity on near term income expectations (company announcement).
SGLLV
AU$12.20
Ricegrowers
7D
-0.8%
1Y
10.9%
Narrative Update • May 01

SGLLV: Steady Assumptions And Softer FY26 Outlook Will Support Long Term Upside

Analysts have kept their Ricegrowers price target steady at A$17.97, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Ricegrowers issued earnings guidance for FY26, indicating full-year revenue is expected to be broadly in line with or slightly below the prior corresponding period, highlighting softer conditions across several key markets (Key Developments).
RIC
AU$2.75
Ridley
7D
1.9%
1Y
4.6%
Narrative Update • Apr 26

RIC: Dividend Payout And Strategy Day Will Support Bullish Outlook

Analysts have kept Ridley's fair value estimate steady at A$3.30. This reflects unchanged assumptions on discount rate, revenue growth, profit margin and future P/E in their latest price target update.
EZZ
AU$0.54
EZZ Life Science Holdings
7D
-13.6%
1Y
-64.4%