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Australian (ASX) Food Industry Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
  • 7D0.2%
  • 3M-7.4%
  • 1Y-16.1%
  • YTD-18.2%

Over the last 7 days, the Food industry has remained flat, although notably United Malt Group gained 7.3%. As for the longer term, the industry has declined 16% in the last year. Looking forward, earnings are forecast to grow by 9.2% annually.

Industry Valuation and Performance

Has the Australian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 28 Nov 2022AU$11.8bAU$17.0bAU$329.3m13.3x35.7x0.7x
Wed, 26 Oct 2022AU$12.0bAU$16.4bAU$397.8m16x30x0.7x
Fri, 23 Sep 2022AU$12.5bAU$16.4bAU$397.8m15.7x31.4x0.8x
Sun, 21 Aug 2022AU$12.7bAU$16.1bAU$460.9m14.9x27.5x0.8x
Tue, 19 Jul 2022AU$12.0bAU$16.0bAU$495.2m13.3x24.3x0.8x
Thu, 16 Jun 2022AU$12.6bAU$15.7bAU$470.9m13.6x26.7x0.8x
Sat, 14 May 2022AU$13.3bAU$15.2bAU$439.1m16.3x30.2x0.9x
Mon, 11 Apr 2022AU$13.3bAU$15.2bAU$438.3m15.6x30.4x0.9x
Wed, 09 Mar 2022AU$12.8bAU$15.2bAU$438.4m15.2x29.1x0.8x
Fri, 04 Feb 2022AU$13.3bAU$14.0bAU$428.8m19x31.1x0.9x
Sun, 02 Jan 2022AU$13.9bAU$14.0bAU$428.7m19.2x32.5x1x
Tue, 30 Nov 2021AU$14.0bAU$14.4bAU$297.3m18.6x47.1x1x
Thu, 28 Oct 2021AU$14.7bAU$14.3bAU$211.8m21x69.3x1x
Sat, 25 Sep 2021AU$14.6bAU$14.3bAU$211.4m19.3x69.1x1x
Mon, 23 Aug 2021AU$13.2bAU$11.5bAU$95.6m18.7x138.1x1.1x
Sat, 10 Jul 2021AU$12.0bAU$11.5bAU$101.1m18.2x118.7x1x
Fri, 02 Apr 2021AU$11.9bAU$10.9bAU$96.3m23.9x123.8x1.1x
Mon, 04 Jan 2021AU$10.9bAU$10.6bAU$44.2m17.9x247.3x1x
Thu, 08 Oct 2020AU$10.1bAU$10.4bAU$55.8m26x181.7x1x
Wed, 01 Jul 2020AU$10.0bAU$10.7b-AU$69,915,574.1418.8x-142.9x0.9x
Sat, 04 Apr 2020AU$9.7bAU$10.6b-AU$122,304,808.2415.1x-79x0.9x
Tue, 07 Jan 2020AU$9.4bAU$9.1b-AU$282,896,717.6315.3x-33.1x1x
Price to Earnings Ratio


Total Market Cap: AU$9.0bTotal Earnings: -AU$212,264,814.35Total Revenue: AU$9.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food Industry Price to Earnings3Y Average 47x202020212022
Current Industry PE
  • Investors are pessimistic on the Australian Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 35.7x which is lower than its 3-year average PE of 47.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.96x.
Past Earnings Growth
  • Total earnings for the Food industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 24% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

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

AU Market1.17%
Consumer Staples0.77%
Packaged Foods and Meats1.81%
Agricultural Products-2.37%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 7.2%, which is higher than its past year's earnings decline of 19.2% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 26.4x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings decline of 21% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 7.2% 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
UMG United Malt GroupAU$3.377.0%
BGA Bega CheeseAU$3.493.9%
CGC Costa Group HoldingsAU$2.781.5%
AAC Australian AgriculturalAU$1.781.4%
MCA Murray Cod AustraliaAU$0.156.9%
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