Are Investors Undervaluing Ricegrowers Limited (ASX:SGLLV) By 45%?
Aug 22
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Australian (ASX) Food Industry Analysis
UpdatedAug 28, 2025
DataAggregated Company Financials
Companies28
- 7D2.4%
- 3M10.4%
- 1Y18.5%
- YTD6.1%
In the last week, the Food industry is up 2.4%, with Cobram Estate Olives up 5.0%. Meanwhile, Inghams Group actually underperformed within the industry, shrinking 24% in the last week. This means that the industry has gained 18% over the past year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Australian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Aug 2025 | AU$10.2b | AU$15.4b | AU$257.6m | 16.5x | 39.7x | 0.7x |
| Sat, 26 Jul 2025 | AU$9.5b | AU$15.5b | AU$241.7m | 24.5x | 39.1x | 0.6x |
| Mon, 23 Jun 2025 | AU$9.4b | AU$15.5b | AU$237.6m | 23.6x | 39.5x | 0.6x |
| Wed, 21 May 2025 | AU$9.3b | AU$15.4b | AU$211.9m | 26.9x | 43.7x | 0.6x |
| Fri, 18 Apr 2025 | AU$8.7b | AU$15.2b | AU$237.5m | 24.6x | 36.8x | 0.6x |
| Sun, 16 Mar 2025 | AU$8.9b | AU$15.2b | AU$237.4m | 28.3x | 37.7x | 0.6x |
| Tue, 11 Feb 2025 | AU$9.5b | AU$15.1b | AU$127.8m | 23.1x | 74x | 0.6x |
| Thu, 09 Jan 2025 | AU$9.0b | AU$15.1b | AU$123.9m | 23.6x | 72.8x | 0.6x |
| Sat, 07 Dec 2024 | AU$8.8b | AU$15.1b | AU$122.8m | 23.5x | 71.5x | 0.6x |
| Mon, 04 Nov 2024 | AU$8.5b | AU$14.8b | -AU$22,954,683.47 | 20.8x | -372.4x | 0.6x |
| Wed, 02 Oct 2024 | AU$8.5b | AU$14.8b | -AU$26,976,582.58 | 20.5x | -314.1x | 0.6x |
| Fri, 30 Aug 2024 | AU$8.1b | AU$15.0b | -AU$76,108,573.63 | 23.3x | -106.1x | 0.5x |
| Sun, 28 Jul 2024 | AU$8.3b | AU$14.8b | -AU$344,733,423.64 | 16.3x | -24.1x | 0.6x |
| Tue, 25 Jun 2024 | AU$7.9b | AU$14.7b | -AU$342,791,673.54 | 15.2x | -22.9x | 0.5x |
| Thu, 23 May 2024 | AU$7.9b | AU$14.7b | -AU$440,121,636.07 | 15.7x | -17.9x | 0.5x |
| Sat, 20 Apr 2024 | AU$8.1b | AU$15.0b | -AU$461,258,141.59 | 16.7x | -17.6x | 0.5x |
| Mon, 18 Mar 2024 | AU$8.0b | AU$15.0b | -AU$460,981,414.88 | 16.7x | -17.4x | 0.5x |
| Wed, 14 Feb 2024 | AU$9.9b | AU$16.2b | -AU$480,285,664.92 | 20.2x | -20.6x | 0.6x |
| Fri, 12 Jan 2024 | AU$12.0b | AU$18.5b | -AU$498,922,783.00 | 20.7x | -24.1x | 0.6x |
| Sun, 10 Dec 2023 | AU$11.6b | AU$18.4b | -AU$520,688,027.00 | 21.5x | -22.3x | 0.6x |
| Tue, 07 Nov 2023 | AU$11.3b | AU$18.7b | -AU$319,119,584.00 | 24.5x | -35.5x | 0.6x |
| Thu, 05 Oct 2023 | AU$11.0b | AU$18.7b | -AU$318,285,061.00 | 21.9x | -34.5x | 0.6x |
| Sat, 02 Sep 2023 | AU$11.3b | AU$18.7b | -AU$308,542,405.00 | 21.5x | -36.7x | 0.6x |
| Mon, 31 Jul 2023 | AU$11.4b | AU$18.1b | -AU$71,889,582.00 | 33x | -157.9x | 0.6x |
| Wed, 28 Jun 2023 | AU$10.7b | AU$18.1b | -AU$71,893,363.00 | 28.8x | -149x | 0.6x |
| Fri, 26 May 2023 | AU$10.8b | AU$18.0b | AU$65.0m | 32.9x | 166.8x | 0.6x |
| Sun, 23 Apr 2023 | AU$11.5b | AU$17.8b | AU$227.8m | 26.1x | 50.5x | 0.6x |
| Tue, 21 Mar 2023 | AU$10.8b | AU$17.8b | AU$227.7m | 25.9x | 47.3x | 0.6x |
| Thu, 16 Feb 2023 | AU$11.2b | AU$17.2b | AU$328.7m | 13x | 34.1x | 0.6x |
| Sat, 14 Jan 2023 | AU$11.9b | AU$17.2b | AU$328.6m | 14.1x | 36.1x | 0.7x |
| Mon, 12 Dec 2022 | AU$11.6b | AU$17.1b | AU$327.0m | 13.6x | 35.6x | 0.7x |
| Wed, 09 Nov 2022 | AU$12.2b | AU$16.4b | AU$387.1m | 15x | 31.6x | 0.7x |
| Fri, 07 Oct 2022 | AU$12.2b | AU$16.4b | AU$397.5m | 15.9x | 30.7x | 0.7x |
| Sun, 04 Sep 2022 | AU$12.7b | AU$16.5b | AU$396.0m | 15.6x | 32x | 0.8x |
Price to Earnings Ratio
32x
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 39.7x 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 0.62x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 13% per year over the last three years,
- Revenues have also declined 2.3% 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 | 0.59% | |
| Consumer Staples | -2.86% | |
| Food | 2.45% | |
| Packaged Foods and Meats | 3.00% | |
| Agricultural Products | 1.40% | |
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 60.6x.
- Analysts are expecting annual earnings growth of 24.9%, 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 46.6x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 25% over the next 5 years.
- However this is lower than its past earnings growth rate of 88% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBO Cobram Estate Olives | AU$3.14 | 5.0% +AU$62.8m | 96.3% | PE26.5x | |
| BGA Bega Cheese | AU$5.75 | 2.5% +AU$42.7m | 23.4% | PS0.5x | |
| SGLLV Ricegrowers | AU$15.84 | 4.0% +AU$41.1m | 94.4% | PE15.6x | |
| DAI Decidr AI Industries | AU$0.67 | 26.7% +AU$34.3m | 23.1% | PE1.9x | |
| AAC Australian Agricultural | AU$1.43 | 1.4% +AU$12.1m | 5.6% | PS2.2x |
