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Australian (ASX) Food Industry Analysis

UpdatedSep 25, 2025
DataAggregated Company Financials
Companies28
  • 7D0.7%
  • 3M8.6%
  • 1Y15.6%
  • YTD6.4%

Over the last 7 days, the Food industry has remained flat, although notably Ricegrowers gained 16%. As for the the longer term, the industry is up 16% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Sep 2025AU$10.4bAU$15.4bAU$311.0m14.8x33.5x0.7x
Sat, 23 Aug 2025AU$10.1bAU$15.4bAU$229.2m16.3x44.1x0.7x
Mon, 21 Jul 2025AU$9.4bAU$15.5bAU$241.6m25.9x39x0.6x
Wed, 18 Jun 2025AU$9.4bAU$15.5bAU$237.7m23.6x39.6x0.6x
Fri, 16 May 2025AU$9.3bAU$15.4bAU$211.9m26.9x43.9x0.6x
Sun, 13 Apr 2025AU$8.8bAU$15.2bAU$237.4m24.7x37.1x0.6x
Tue, 11 Mar 2025AU$9.2bAU$15.2bAU$237.4m28.2x38.7x0.6x
Thu, 06 Feb 2025AU$9.2bAU$15.1bAU$127.8m23.9x71.6x0.6x
Sat, 04 Jan 2025AU$9.2bAU$15.1bAU$123.9m23.6x74.3x0.6x
Mon, 02 Dec 2024AU$8.7bAU$15.1bAU$122.8m23.6x71.1x0.6x
Wed, 30 Oct 2024AU$8.6bAU$14.8b-AU$22,943,841.0620.6x-377x0.6x
Fri, 27 Sep 2024AU$8.5bAU$14.8b-AU$24,154,682.4520.5x-352.7x0.6x
Sun, 25 Aug 2024AU$8.1bAU$14.9b-AU$348,691,226.9917.8x-23.2x0.5x
Tue, 23 Jul 2024AU$8.2bAU$14.8b-AU$344,459,296.2415.7x-23.8x0.6x
Thu, 20 Jun 2024AU$7.9bAU$14.7b-AU$342,748,467.1415.9x-22.9x0.5x
Sat, 18 May 2024AU$8.0bAU$15.0b-AU$402,891,382.8915.6x-19.8x0.5x
Mon, 15 Apr 2024AU$8.2bAU$15.0b-AU$461,228,308.6016.9x-17.8x0.5x
Wed, 13 Mar 2024AU$8.1bAU$15.0b-AU$463,473,629.1316.7x-17.5x0.5x
Fri, 09 Feb 2024AU$9.9bAU$16.2b-AU$480,410,137.4221x-20.6x0.6x
Sun, 07 Jan 2024AU$11.9bAU$18.5b-AU$498,858,864.0021x-23.9x0.6x
Tue, 05 Dec 2023AU$11.5bAU$18.4b-AU$520,430,027.0021.2x-22.1x0.6x
Thu, 02 Nov 2023AU$11.2bAU$18.7b-AU$319,750,946.0024x-35x0.6x
Sat, 30 Sep 2023AU$11.0bAU$18.7b-AU$317,268,058.0022.5x-34.6x0.6x
Mon, 28 Aug 2023AU$11.4bAU$18.7b-AU$238,413,031.0020.8x-48x0.6x
Wed, 26 Jul 2023AU$11.4bAU$18.1b-AU$71,950,683.0032.8x-158.3x0.6x
Fri, 23 Jun 2023AU$10.9bAU$18.0b-AU$76,090,901.0030.2x-143.9x0.6x
Sun, 21 May 2023AU$11.1bAU$18.0bAU$64.8m33.1x171.8x0.6x
Tue, 18 Apr 2023AU$11.5bAU$17.8bAU$227.7m26.7x50.4x0.6x
Thu, 16 Mar 2023AU$11.0bAU$17.8bAU$227.7m27x48.5x0.6x
Sat, 11 Feb 2023AU$11.3bAU$17.2bAU$328.6m13x34.4x0.7x
Mon, 09 Jan 2023AU$11.7bAU$17.2bAU$328.7m14x35.7x0.7x
Wed, 07 Dec 2022AU$11.6bAU$17.1bAU$327.2m13.5x35.6x0.7x
Fri, 04 Nov 2022AU$12.3bAU$16.4bAU$387.2m15.4x31.9x0.8x
Sun, 02 Oct 2022AU$11.9bAU$16.4bAU$398.3m15.4x30x0.7x
Price to Earnings Ratio

30x


Total Market Cap: AU$11.9bTotal Earnings: AU$398.3mTotal Revenue: AU$16.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food Industry Price to Earnings3Y Average -19.5x202320242025
Current Industry PE
  • Investors are optimistic on the Australian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 33.5x which is higher than its 3-year average PE of -19.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 7.9% per year over the last three years,
  • Revenues have also declined 2.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

AU Market-0.36%
Consumer Staples-1.45%
Food0.69%
Packaged Foods and Meats2.70%
Agricultural Products-3.10%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 60.0x.
    • Analysts are expecting annual earnings growth of 20.5%, which is lower than the prior year's growth of 88.1% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 47.0x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 8.7% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 21% 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
SGLLV RicegrowersAU$17.0316.4%
+AU$160.9m		96.9%PE16.7x
AAC Australian AgriculturalAU$1.524.1%
+AU$36.2m		3.4%PS2.4x
MCA Murray Cod AustraliaAU$1.044.0%
+AU$4.2m		-30.7%PE12.9x
FRM Farm Pride FoodsAU$0.354.4%
+AU$3.5m		222.7%PE12.3x
DBF Duxton FarmsAU$1.087.5%
+AU$3.4m		-23.2%PS2.4x

Latest News

DBF
AU$1.08
Duxton Farms
7D
7.5%
1Y
-23.2%
BGA
AU$5.21
Bega Cheese
7D
-4.1%
1Y
-2.4%
SGLLV
AU$17.03
Ricegrowers
7D
16.4%
1Y
96.9%
DAI
AU$0.89
Decidr AI Industries
7D
-5.3%
1Y
42.4%
ING
AU$2.52
Inghams Group
7D
-1.2%
1Y
-15.4%

Inghams Group Limited (ASX:ING) Not Doing Enough For Some Investors As Its Shares Slump 28%

Sep 17
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SHV
AU$3.89
Select Harvests
7D
-2.8%
1Y
5.7%

Here's Why Select Harvests (ASX:SHV) Has A Meaningful Debt Burden

Sep 12
Here's Why Select Harvests (ASX:SHV) Has A Meaningful Debt Burden
MCA
AU$1.04
Murray Cod Australia
7D
4.0%
1Y
-30.7%

Here's Why Murray Cod Australia (ASX:MCA) Has A Meaningful Debt Burden

Sep 09
Here's Why Murray Cod Australia (ASX:MCA) Has A Meaningful Debt Burden
RIC
AU$3.02
Ridley
7D
-2.3%
1Y
18.0%
WNX
AU$0.22
Wellnex Life
7D
-12.0%
1Y
-76.8%
NOU
AU$0.14
Noumi
7D
-10.0%
1Y
0%

Plant Based And Dairy Alternatives Will Expand In Asia-Pacific Markets

Key Takeaways Growth in plant-based products and international expansion is diversifying revenue streams and supporting margin improvement. Focus on innovation, efficiency, and sustainability is strengthening brand value and long-term profitability.
FRM
AU$0.35
Farm Pride Foods
7D
4.4%
1Y
222.7%

Optimistic Investors Push Farm Pride Foods Limited (ASX:FRM) Shares Up 35% But Growth Is Lacking

Aug 29
Optimistic Investors Push Farm Pride Foods Limited (ASX:FRM) Shares Up 35% But Growth Is Lacking
SPG
AU$0.41
SPC Global Holdings
7D
2.5%
1Y
n/a

Even With A 30% Surge, Cautious Investors Are Not Rewarding SPC Global Holdings Ltd's (ASX:SPG) Performance Completely

Aug 28
Even With A 30% Surge, Cautious Investors Are Not Rewarding SPC Global Holdings Ltd's (ASX:SPG) Performance Completely
LGL
AU$2.12
Lynch Group Holdings
7D
0.5%
1Y
42.3%
FFI
AU$4.35
FFI Holdings
7D
1.2%
1Y
1.2%
ELD
AU$7.49
Elders
7D
-3.2%
1Y
-15.1%

Cautious Investors Not Rewarding Elders Limited's (ASX:ELD) Performance Completely

Jul 24
Cautious Investors Not Rewarding Elders Limited's (ASX:ELD) Performance Completely
AAC
AU$1.52
Australian Agricultural
7D
4.1%
1Y
3.4%