Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Brazilian (BOVESPA) Food Industry Analysis

UpdatedAug 08, 2026
DataAggregated Company Financials
Companies12
  • 7D-4.3%
  • 3M-15.6%
  • 1Y-22.6%
  • YTD-18.7%

Over the last 7 days, the Food industry has dropped 4.3%, driven by a pullback from MBRF Global Foods of 8.4%. Overall the industry is down 23% in 12 months. Earnings are forecast to grow by 46% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Aug 2026R$51.1bR$226.7bR$3.6b14.2x14.1x0.2x
Mon, 06 Jul 2026R$57.0bR$229.3bR$3.9b12.9x14.6x0.2x
Wed, 03 Jun 2026R$58.4bR$229.5bR$3.9b13x14.9x0.3x
Fri, 01 May 2026R$61.0bR$226.3bR$3.9b15.2x15.5x0.3x
Sun, 29 Mar 2026R$68.7bR$226.3bR$3.9b16.7x17.5x0.3x
Tue, 24 Feb 2026R$64.7bR$223.2bR$5.2b13.8x12.3x0.3x
Thu, 22 Jan 2026R$63.8bR$223.6bR$4.8b12.7x13.2x0.3x
Sat, 20 Dec 2025R$63.3bR$223.8bR$4.8b11.8x13.1x0.3x
Mon, 17 Nov 2025R$70.4bR$222.8bR$4.8b12.1x14.8x0.3x
Wed, 15 Oct 2025R$47.6bR$216.6bR$5.1b11x9.3x0.2x
Fri, 12 Sep 2025R$91.2bR$280.8bR$8.8b12.8x10.4x0.3x
Sun, 10 Aug 2025R$84.7bR$275.8bR$8.8b10.1x9.6x0.3x
Tue, 08 Jul 2025R$91.4bR$276.0bR$8.9b10.5x10.3x0.3x
Thu, 05 Jun 2025R$175.7bR$718.5bR$20.3b8.9x8.7x0.2x
Sat, 03 May 2025R$191.1bR$681.8bR$18.2b10.8x10.5x0.3x
Mon, 31 Mar 2025R$176.5bR$684.1bR$18.3b9.8x9.7x0.3x
Wed, 26 Feb 2025R$147.3bR$653.7bR$14.8b9.4x10x0.2x
Fri, 24 Jan 2025R$161.5bR$652.6bR$21.6b8.5x7.5x0.2x
Sun, 22 Dec 2024R$179.5bR$657.8bR$21.1b8.7x8.5x0.3x
Tue, 19 Nov 2024R$173.8bR$657.8bR$17.1b9.4x10.1x0.3x
Thu, 17 Oct 2024R$165.0bR$631.5bR$9.8b10.8x16.8x0.3x
Sat, 14 Sep 2024R$168.8bR$631.1bR$9.7b11.7x17.3x0.3x
Mon, 12 Aug 2024R$165.9bR$614.3bR$4.7b11x35.4x0.3x
Wed, 10 Jul 2024R$162.2bR$614.3bR$4.7b11.3x34.4x0.3x
Fri, 07 Jun 2024R$149.2bR$613.5bR$4.2b11.1x35.7x0.2x
Sun, 05 May 2024R$136.0bR$610.8b-R$561,519,000.0010.6x-242.2x0.2x
Tue, 02 Apr 2024R$131.1bR$610.8b-R$561,519,000.0010.9x-233.4x0.2x
Thu, 29 Feb 2024R$132.1bR$603.6b-R$2,508,716,000.0010.8x-52.7x0.2x
Sat, 27 Jan 2024R$134.4bR$603.1b-R$3,853,024,000.0010.3x-34.9x0.2x
Mon, 25 Dec 2023R$134.8bR$602.7b-R$3,848,941,000.0010.2x-35x0.2x
Wed, 22 Nov 2023R$128.5bR$602.7b-R$3,848,942,000.009.7x-33.4x0.2x
Fri, 20 Oct 2023R$112.0bR$610.0bR$4.0b9.3x28.2x0.2x
Sun, 17 Sep 2023R$115.3bR$609.8bR$4.0b10x28.7x0.2x
Tue, 15 Aug 2023R$115.0bR$615.2bR$13.9b9.9x8.2x0.2x
Price to Earnings Ratio

8.2x


Total Market Cap: R$115.0bTotal Earnings: R$13.9bTotal Revenue: R$615.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Food Industry Price to Earnings3Y Average 2.1x202420252026
Current Industry PE
  • Investors are optimistic on the Brazilian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.1x which is higher than its 3-year average PE of 2.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.26x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 36% per year over the last three years,
  • Revenues have also declined 28% 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 Brazilian Consumer Staples industry?

BR Market-3.29%
Consumer Staples-2.19%
Food-4.30%
Agricultural Products-2.60%
Packaged Foods and Meats-4.98%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 11.7x.
    • Analysts are expecting annual earnings growth of 29.1%, which is higher than its past year's earnings decline of 56.6% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings decline of 14% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 29% 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
MDIA3 M. Dias Branco Indústria e Comércio de AlimentosR$17.492.0%
+R$114.0m		-28.1%PE8.4x
SMTO3 São MartinhoR$14.771.7%
+R$80.7m		-13.2%PE5.7x
MNPR3 Minupar ParticipaçõesR$3.981.0%
+R$2.8m		50.8%PE0.6x

Latest News

TTEN3
R$11.40
Três Tentos Agroindustrial S/A
7D
-3.4%
1Y
-14.9%
Narrative Update • Aug 01

TTEN3: Higher Margin And Revenue Outlook Will Support Future Upside

Analysts have trimmed their price target for Três Tentos Agroindustrial S/A from R$19.50 to about R$17.18, citing updated assumptions that include different revenue growth, profit margin and future P/E expectations. What’s in the News for Três Tentos Agroindustrial S/A Analysts revised their price target for Três Tentos Agroindustrial S/A to about R$17.18 based on updated assumptions around revenue growth, profit margins and future P/E expectations.
MBRF3
R$16.07
MBRF Global Foods
7D
-8.4%
1Y
-27.7%
Narrative Update • Jul 31

MBRF3: Lower Future P/E Assumptions Will Drive Cautious Outlook

The analyst price target for MBRF Global Foods has been revised slightly lower to R$15.64 from R$16.30, as analysts factor in a more moderate revenue outlook, alongside a higher profit margin and a lower assumed future P/E. What’s in the News for MBRF Global Foods No recent company specific news items for MBRF Global Foods were identified in the provided sources as of 28 Jul 2026.
SMTO3
R$14.77
São Martinho
7D
1.7%
1Y
-13.2%
BEEF3
R$3.44
Minerva
7D
-6.0%
1Y
-31.7%
SLCE3
R$13.22
SLC Agrícola
7D
-1.2%
1Y
-14.1%
Narrative Update • Jul 28

SLCE3: Productivity Risk Will Shape Future Repricing Opportunity

Analysts have cut the price target for SLC Agrícola to R$13 from R$18, reflecting updated views on fair value alongside concerns about productivity risk and limited commodity upside. What's in the News There are currently no major recent news items or key developments publicly summarized for SLC Agrícola in the provided sources as of 28 Jul 2026.
JALL3
R$2.03
Jalles Machado S/A
7D
-1.0%
1Y
-36.0%
CAML3
R$4.59
Camil Alimentos
7D
-2.1%
1Y
0%
Analysis Article • Jul 24

Camil Alimentos' (BVMF:CAML3) Weak Earnings May Only Reveal A Part Of The Whole Picture

Investors were disappointed by Camil Alimentos S.A.'s ( BVMF:CAML3 ) latest earnings release. We did some further...
SOJA3
R$5.37
Boa Safra Sementes
7D
-2.5%
1Y
-46.9%
MDIA3
R$17.49
M. Dias Branco Indústria e Comércio de Alimentos
7D
2.0%
1Y
-28.1%
AGRO3
R$18.07
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
7D
-5.1%
1Y
-11.2%
Narrative Update • Jun 11

AGRO3: Index Removal Will Anchor Future Upside Potential

Analysts have kept their R$25.00 price target for BrasilAgro, Companhia Brasileira de Propriedades Agrícolas unchanged, pointing to slightly adjusted assumptions for revenue growth, profit margin and future P/E as the key drivers behind the reaffirmed view. What's in the News BrasilAgro, Companhia Brasileira de Propriedades Agrícolas was removed from the Brazil Small Cap Index, according to a recorded index constituent change event.
MNPR3
R$3.98
Minupar Participações
7D
1.0%
1Y
50.8%