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Brazilian (BOVESPA) Food Industry Analysis

UpdatedJun 01, 2024
DataAggregated Company Financials
Companies14
  • 7D-2.4%
  • 3M13.5%
  • 1Y37.2%
  • YTD11.2%

Over the last 7 days, the Food industry has dropped 2.4%, driven by JBS declining 1.8%. Over the past 12 months, the industry was up 37%. Looking forward, earnings are forecast to grow by 42% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Jun 2024R$148.8bR$613.5bR$4.2b10.8x35.6x0.2x
Mon, 29 Apr 2024R$134.7bR$610.8b-R$561,519,000.0010.2x-239.8x0.2x
Wed, 27 Mar 2024R$134.4bR$614.1b-R$2,854,632,000.0011x-47.1x0.2x
Fri, 23 Feb 2024R$125.9bR$601.8b-R$4,505,385,000.0010.5x-27.9x0.2x
Sun, 21 Jan 2024R$130.4bR$603.1b-R$3,853,024,000.0010.3x-33.9x0.2x
Tue, 19 Dec 2023R$131.0bR$602.7b-R$3,848,941,000.0010.1x-34x0.2x
Thu, 16 Nov 2023R$120.0bR$610.7bR$4.4b9.6x27x0.2x
Sat, 14 Oct 2023R$114.5bR$610.0bR$4.0b10.1x28.8x0.2x
Mon, 11 Sep 2023R$112.5bR$609.9bR$4.0b9.6x28x0.2x
Wed, 09 Aug 2023R$116.3bR$615.1bR$14.2b9.2x8.2x0.2x
Fri, 07 Jul 2023R$104.8bR$614.8bR$14.2b8.5x7.4x0.2x
Sun, 04 Jun 2023R$101.0bR$614.6bR$14.4b7.5x7x0.2x
Tue, 02 May 2023R$95.1bR$607.0bR$21.6b7.3x4.4x0.2x
Thu, 30 Mar 2023R$93.6bR$607.0bR$21.6b8.5x4.3x0.2x
Sat, 25 Feb 2023R$99.8bR$595.4bR$29.0b9.8x3.4x0.2x
Mon, 23 Jan 2023R$107.0bR$595.1bR$29.3b7x3.7x0.2x
Wed, 21 Dec 2022R$103.0bR$594.8bR$29.2b6.8x3.5x0.2x
Fri, 18 Nov 2022R$117.3bR$594.7bR$29.3b7.1x4x0.2x
Sun, 16 Oct 2022R$124.6bR$571.5bR$34.1b6.5x3.7x0.2x
Tue, 13 Sep 2022R$139.3bR$571.6bR$34.1b7.2x4.1x0.2x
Thu, 11 Aug 2022R$142.0bR$548.0bR$32.2b7.6x4.4x0.3x
Sat, 09 Jul 2022R$141.1bR$547.5bR$32.2b8.4x4.4x0.3x
Mon, 06 Jun 2022R$159.4bR$547.1bR$32.1b9.8x5x0.3x
Wed, 04 May 2022R$160.9bR$521.8bR$30.0b10.7x5.4x0.3x
Fri, 01 Apr 2022R$169.0bR$521.6bR$30.0b10.8x5.6x0.3x
Sun, 27 Feb 2022R$160.5bR$493.8bR$28.2b10.3x5.7x0.3x
Tue, 25 Jan 2022R$164.2bR$490.1bR$27.6b12.1x6x0.3x
Thu, 23 Dec 2021R$165.8bR$489.8bR$27.6b11.8x6x0.3x
Sat, 20 Nov 2021R$167.6bR$489.4bR$27.5b12.8x6.1x0.3x
Mon, 18 Oct 2021R$185.4bR$455.8bR$22.5b12x8.2x0.4x
Wed, 15 Sep 2021R$163.4bR$455.4bR$22.5b11.6x7.3x0.4x
Fri, 13 Aug 2021R$158.9bR$455.4bR$22.5b11.5x7.1x0.3x
Tue, 08 Jun 2021R$153.2bR$428.2bR$21.0b14.3x7.3x0.4x
Price to Earnings Ratio

7.3x


Total Market Cap: R$153.2bTotal Earnings: R$21.0bTotal Revenue: R$428.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Food Industry Price to Earnings3Y Average -4.7x202220232024
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 35.6x which is higher than its 3-year average PE of -4.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 42% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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 decreased profits.

Industry Trends

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

BR Market-1.48%
Consumer Staples-2.66%
Food-2.37%
Agricultural Products-2.00%
Packaged Foods and Meats-2.42%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 2.5x.
    • Analysts are expecting annual earnings growth of 44.9%, which is higher than its past year's earnings decline of 23.5% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings decline of 23% per year.
  • In contrast, the Agricultural Products 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
SMTO3 São MartinhoR$27.140.9%
+R$79.7m		-27.6%PE9.4x
AGRO3 BrasilAgro - Companhia Brasileira de Propriedades AgrícolasR$25.390.2%
+R$5.0m		11.9%PE10.7x
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Latest News

SMTO3

R$27.14

São Martinho

7D

0.9%

1Y

-27.6%

What Is São Martinho S.A.'s (BVMF:SMTO3) Share Price Doing?

May 28
What Is São Martinho S.A.'s (BVMF:SMTO3) Share Price Doing?

MRFG3

R$11.28

Marfrig Global Foods

7D

-3.8%

1Y

68.6%

BEEF3

R$6.20

Minerva

7D

-5.3%

1Y

-40.2%

SLCE3

R$17.82

SLC Agrícola

7D

-2.6%

1Y

0.9%

We Think You Can Look Beyond SLC Agrícola's (BVMF:SLCE3) Lackluster Earnings

May 21
We Think You Can Look Beyond SLC Agrícola's (BVMF:SLCE3) Lackluster Earnings

JBSS3

R$28.84

JBS

7D

-1.8%

1Y

72.0%

CAML3

R$9.57

Camil Alimentos

7D

-4.3%

1Y

31.5%

BRFS3

R$18.58

BRF

7D

-2.6%

1Y

116.3%

MDIA3

R$31.35

M. Dias Branco Indústria e Comércio de Alimentos

7D

-6.6%

1Y

-22.9%

M. Dias Branco S.A. Indústria e Comércio de Alimentos (BVMF:MDIA3) Analysts Are Cutting Their Estimates: Here's What You Need To Know

May 14
M. Dias Branco S.A. Indústria e Comércio de Alimentos (BVMF:MDIA3) Analysts Are Cutting Their Estimates: Here's What You Need To Know

AGRO3

R$25.39

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

7D

0.2%

1Y

11.9%

TTEN3

R$9.73

Três Tentos Agroindustrial S/A

7D

-2.2%

1Y

-22.0%