East 33 Limited (ASX:E33) Stock's 28% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Sep 07
Australian (ASX) Packaged Foods and Meats Industry Analysis
UpdatedOct 03, 2023
DataAggregated Company Financials
Companies33
- 7D-0.3%
- 3M1.6%
- 1Y1.6%
- YTD0.4%
The Packaged Foods and Meats is pretty flat in the last 7 days, but Live Verdure has stood out, gaining 36%. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 39% per annum.
Industry Valuation and Performance
Has the Australian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Oct 2023 | AU$7.1b | AU$11.8b | -AU$379,412,411.00 | 28.7x | -18.6x | 0.6x |
| Thu, 31 Aug 2023 | AU$7.4b | AU$11.8b | -AU$354,623,004.00 | 23.3x | -20.8x | 0.6x |
| Sat, 29 Jul 2023 | AU$7.1b | AU$11.4b | -AU$145,755,386.00 | 20.3x | -48.9x | 0.6x |
| Mon, 26 Jun 2023 | AU$7.0b | AU$11.4b | -AU$145,740,127.00 | 20.3x | -47.7x | 0.6x |
| Wed, 24 May 2023 | AU$7.2b | AU$11.2b | -AU$109,557,132.00 | 20.3x | -66x | 0.6x |
| Fri, 21 Apr 2023 | AU$7.4b | AU$11.1b | AU$11.0m | 15.8x | 674.1x | 0.7x |
| Sun, 19 Mar 2023 | AU$7.0b | AU$11.1b | AU$10.9m | 16.5x | 639.5x | 0.6x |
| Tue, 14 Feb 2023 | AU$7.2b | AU$10.8b | AU$84.4m | 10.5x | 85.5x | 0.7x |
| Thu, 12 Jan 2023 | AU$7.4b | AU$10.8b | AU$84.5m | 12.6x | 87.9x | 0.7x |
| Sat, 10 Dec 2022 | AU$7.4b | AU$10.6b | AU$83.8m | 12.9x | 87.8x | 0.7x |
| Mon, 07 Nov 2022 | AU$7.2b | AU$10.4b | AU$117.5m | 12x | 60.9x | 0.7x |
| Wed, 05 Oct 2022 | AU$7.3b | AU$10.4b | AU$127.8m | 14.1x | 57.4x | 0.7x |
| Fri, 02 Sep 2022 | AU$7.8b | AU$10.4b | AU$127.4m | 15.3x | 61.4x | 0.7x |
| Sun, 31 Jul 2022 | AU$7.7b | AU$10.2b | AU$220.2m | 13.1x | 35.1x | 0.8x |
| Tue, 28 Jun 2022 | AU$7.8b | AU$9.9b | AU$196.0m | 15.4x | 39.5x | 0.8x |
| Thu, 26 May 2022 | AU$8.0b | AU$9.9b | AU$195.3m | 17.8x | 41x | 0.8x |
| Sat, 23 Apr 2022 | AU$8.2b | AU$9.8b | AU$191.7m | 18.4x | 42.8x | 0.8x |
| Mon, 21 Mar 2022 | AU$8.0b | AU$9.8b | AU$191.5m | 17x | 41.6x | 0.8x |
| Wed, 16 Feb 2022 | AU$8.5b | AU$8.9b | AU$185.9m | 18.1x | 45.9x | 1x |
| Fri, 14 Jan 2022 | AU$8.6b | AU$8.8b | AU$177.0m | 19.2x | 48.4x | 1x |
| Sun, 12 Dec 2021 | AU$8.5b | AU$8.7b | AU$174.5m | 18.4x | 48.9x | 1x |
| Tue, 09 Nov 2021 | AU$9.2b | AU$9.3b | -AU$16,154,572.00 | 20.7x | -569.2x | 1x |
| Thu, 07 Oct 2021 | AU$9.2b | AU$9.3b | -AU$16,067,078.00 | 19.8x | -570.5x | 1x |
| Sat, 04 Sep 2021 | AU$7.8b | AU$6.5b | -AU$131,973,065.41 | 19x | -59.4x | 1.2x |
| Mon, 02 Aug 2021 | AU$6.8b | AU$6.5b | -AU$131,973,065.41 | 19.3x | -51.3x | 1x |
| Thu, 06 May 2021 | AU$7.0b | AU$6.1b | -AU$102,840,880.29 | 19.1x | -67.8x | 1.1x |
| Sun, 07 Feb 2021 | AU$6.8b | AU$5.9b | -AU$151,662,272.20 | 17.6x | -45x | 1.2x |
| Sat, 31 Oct 2020 | AU$5.9b | AU$5.8b | -AU$84,971,423.22 | 25.7x | -69.8x | 1x |
Price to Earnings Ratio
-71.8x
Current Industry PE
- Investors are pessimistic on the Australian Packaged Foods and Meats industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 26% 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 caused losses to expand.
Industry Comparison
How does Australian Packaged Foods and Meats compare with similar industries?
| AU Market | -0.62% | |
| Consumer Staples | -1.40% | |
| Food | -0.38% | |
| Packaged Foods and Meats | -0.28% | |
| Agricultural Products | -0.55% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LV1 Live Verdure | AU$0.41 | 36.1% +AU$12.3m | 88.6% | PS19.4x | |
| AAC Australian Agricultural | AU$1.32 | 1.5% +AU$12.1m | -22.1% | PE172.6x | |
| CBO Cobram Estate Olives | AU$1.36 | 1.5% +AU$8.3m | -13.7% | PE73x | |
| MBH Maggie Beer Holdings | AU$0.12 | 15.0% +AU$5.3m | -61.7% | PE52.9x | |
| MCA Murray Cod Australia | AU$0.16 | 3.2% +AU$3.8m | -15.8% | PS11.1x |