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Australian (ASX) Food Industry Analysis

UpdatedMay 18, 2025
DataAggregated Company Financials
Companies32
  • 7D-0.3%
  • 3M-2.6%
  • 1Y10.5%
  • YTD-1.2%

Over the last 7 days, the Food industry has remained flat, although notably Ridley gained 15%. As for the the longer term, the industry is up 11% over the past 12 months. Earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 May 2025AU$9.3bAU$15.4bAU$211.9m27x44.1x0.6x
Tue, 15 Apr 2025AU$8.9bAU$15.2bAU$237.4m24.9x37.3x0.6x
Thu, 13 Mar 2025AU$8.9bAU$15.2bAU$237.4m28x37.5x0.6x
Sat, 08 Feb 2025AU$9.4bAU$15.1bAU$127.8m24.6x73.9x0.6x
Mon, 06 Jan 2025AU$9.2bAU$15.1bAU$123.9m23.6x74.3x0.6x
Wed, 04 Dec 2024AU$8.8bAU$15.1bAU$122.8m23.6x71.5x0.6x
Fri, 01 Nov 2024AU$8.6bAU$14.8b-AU$22,938,625.4921.2x-374.7x0.6x
Sun, 29 Sep 2024AU$8.5bAU$14.8b-AU$26,988,787.1820.5x-316.3x0.6x
Tue, 27 Aug 2024AU$8.1bAU$14.9b-AU$348,734,433.3917.4x-23.1x0.5x
Thu, 25 Jul 2024AU$8.3bAU$14.8b-AU$344,653,128.1916.1x-24.2x0.6x
Sat, 22 Jun 2024AU$7.8bAU$14.7b-AU$342,795,788.4415.8x-22.9x0.5x
Mon, 20 May 2024AU$8.0bAU$15.0b-AU$402,789,539.2315.6x-19.8x0.5x
Wed, 17 Apr 2024AU$8.2bAU$15.0b-AU$461,320,208.9916.7x-17.7x0.5x
Fri, 15 Mar 2024AU$8.1bAU$15.0b-AU$460,830,192.4816.7x-17.5x0.5x
Sun, 11 Feb 2024AU$9.9bAU$16.2b-AU$480,307,243.7721x-20.6x0.6x
Tue, 09 Jan 2024AU$11.9bAU$18.5b-AU$498,859,616.0021.1x-23.9x0.6x
Thu, 07 Dec 2023AU$11.6bAU$18.4b-AU$520,706,735.0022.1x-22.3x0.6x
Sat, 04 Nov 2023AU$11.3bAU$18.7b-AU$319,119,971.0024.6x-35.4x0.6x
Mon, 02 Oct 2023AU$11.0bAU$18.7b-AU$317,433,160.0022.5x-34.6x0.6x
Wed, 30 Aug 2023AU$11.3bAU$18.7b-AU$236,829,590.0021.1x-47.9x0.6x
Fri, 28 Jul 2023AU$11.4bAU$18.1b-AU$71,972,327.0033.1x-158.9x0.6x
Sun, 25 Jun 2023AU$10.8bAU$18.1b-AU$71,876,837.0029.2x-149.9x0.6x
Tue, 23 May 2023AU$11.1bAU$18.0bAU$64.8m33.3x171.8x0.6x
Thu, 20 Apr 2023AU$11.5bAU$17.8bAU$227.7m25.9x50.3x0.6x
Sat, 18 Mar 2023AU$10.9bAU$17.8bAU$227.7m26.5x48.1x0.6x
Mon, 13 Feb 2023AU$11.3bAU$17.2bAU$328.6m13x34.4x0.7x
Wed, 11 Jan 2023AU$11.7bAU$17.2bAU$328.6m13.9x35.6x0.7x
Fri, 09 Dec 2022AU$11.6bAU$17.1bAU$327.2m13.6x35.5x0.7x
Sun, 06 Nov 2022AU$12.2bAU$16.4bAU$387.4m14.9x31.5x0.7x
Tue, 04 Oct 2022AU$11.9bAU$16.4bAU$397.6m15.5x29.8x0.7x
Thu, 01 Sep 2022AU$12.7bAU$16.4bAU$418.2m15.5x30.3x0.8x
Sat, 30 Jul 2022AU$12.3bAU$16.0bAU$495.1m13.9x24.8x0.8x
Mon, 27 Jun 2022AU$12.6bAU$15.7bAU$470.8m14.6x26.8x0.8x
Wed, 25 May 2022AU$13.4bAU$15.7bAU$465.0m15.9x28.8x0.9x
Price to Earnings Ratio

28.8x


Total Market Cap: AU$13.4bTotal Earnings: AU$465.0mTotal Revenue: AU$15.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Food Industry Price to Earnings3Y Average -20.7x202320242025
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 44.1x which is higher than its 3-year average PE of -20.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 23% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, 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 industry?

AU Market1.33%
Consumer Staples-3.30%
Food-0.26%
Agricultural Products2.82%
Packaged Foods and Meats-1.74%
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 59.4x.
    • Analysts are expecting annual earnings growth of 17.7%, which is higher than its past year's earnings decline of 8.2% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 45.7x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings decline of 4.1% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 18% 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
RIC RidleyAU$2.6815.0%
+AU$111.8m		27.6%PE21.1x
ELD EldersAU$6.602.5%
+AU$30.4m		-19.6%PE27.8x
ING Inghams GroupAU$3.871.6%
+AU$22.3m		2.1%PE16.1x
FRM Farm Pride FoodsAU$0.289.6%
+AU$5.8m		171.4%PE319.3x
BUB Bubs AustraliaAU$0.124.3%
+AU$4.5m		-17.2%PS1.2x
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RIC

AU$2.68

Ridley

7D

15.0%

1Y

27.6%

FRM

AU$0.28

Farm Pride Foods

7D

9.6%

1Y

171.4%

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May 07
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ING

AU$3.87

Inghams Group

7D

1.6%

1Y

2.1%

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May 07
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DAI

AU$0.40

Decidr AI Industries

7D

-2.4%

1Y

-21.6%

SPG

AU$0.37

SPC Global Holdings

7D

1.4%

1Y

n/a

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May 02
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NUC

AU$0.20

Nuchev

7D

-11.1%

1Y

33.3%

Nuchev Limited (ASX:NUC) Looks Just Right With A 28% Price Jump

May 02
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BUB

AU$0.12

Bubs Australia

7D

4.3%

1Y

-17.2%

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May 02 Expanding U.S. FDA approval and entry into new markets like Canada drive key growth opportunities and revenue potential.

MBH

AU$0.062

Maggie Beer Holdings

7D

8.8%

1Y

-13.9%

BGA

AU$5.62

Bega Cheese

7D

-4.4%

1Y

31.6%

LGL

AU$1.67

Lynch Group Holdings

7D

0.6%

1Y

23.7%

We Think Lynch Group Holdings (ASX:LGL) Is Taking Some Risk With Its Debt

Apr 09
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MCA

AU$1.04

Murray Cod Australia

7D

-4.6%

1Y

-5.5%

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Apr 03
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SHV

AU$4.88

Select Harvests

7D

-6.9%

1Y

47.4%

ELD

AU$6.60

Elders

7D

2.5%

1Y

-19.6%

DBF

AU$1.27

Duxton Farms

7D

-6.3%

1Y

-11.8%

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Mar 04
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AAC

AU$1.50

Australian Agricultural

7D

-4.8%

1Y

5.3%

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Sustainability Efforts May Lower Costs While Market Conditions Compress Margins

Feb 10 Increased production and strategic brand development boost sales, supporting future revenue growth and market premiumization.

SGLLV

AU$10.88

Ricegrowers

7D

-1.1%

1Y

60.0%

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Acquisitions Of SavourLife And Simply Delish Will Expand Product Offerings In CopRice And Riviana Foods

Jan 27 Strategic acquisitions and investments in operations are set to enhance product offerings, boost revenue, and improve margins through expanded channels and efficiencies.