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Brazilian (BOVESPA) Food Industry Analysis

UpdatedAug 16, 2024
DataAggregated Company Financials
Companies13
  • 7D8.9%
  • 3M17.9%
  • 1Y54.6%
  • YTD35.1%

Over the last 7 days, the Food industry has risen 8.9%, driven by gains from JBS of 14%. This means that the industry has gained 55% over the past year. As for the next few years, earnings are expected to grow by 28% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 16 Aug 2024R$180.3bR$624.7bR$6.6b10.6x27.3x0.3x
Sun, 14 Jul 2024R$165.6bR$614.3bR$4.7b11.4x35.1x0.3x
Tue, 11 Jun 2024R$149.1bR$613.5bR$4.2b10.8x35.7x0.2x
Thu, 09 May 2024R$140.9bR$611.0bR$977.5m10.8x144.2x0.2x
Sat, 06 Apr 2024R$130.6bR$610.8b-R$561,519,000.0010.6x-232.6x0.2x
Mon, 04 Mar 2024R$130.8bR$614.0b-R$2,760,762,000.0010.7x-47.4x0.2x
Wed, 31 Jan 2024R$132.5bR$603.1b-R$3,853,024,000.009.9x-34.4x0.2x
Fri, 29 Dec 2023R$135.1bR$602.7b-R$3,848,941,000.0010.4x-35.1x0.2x
Sun, 26 Nov 2023R$129.2bR$602.3b-R$3,898,933,000.009.5x-33.1x0.2x
Tue, 24 Oct 2023R$113.6bR$610.0bR$4.0b9.6x28.6x0.2x
Thu, 21 Sep 2023R$114.5bR$609.8bR$4.0b9.9x28.5x0.2x
Sat, 19 Aug 2023R$114.2bR$609.6bR$3.8b10.1x30x0.2x
Mon, 17 Jul 2023R$112.3bR$615.1bR$14.2b8.5x7.9x0.2x
Wed, 14 Jun 2023R$104.4bR$614.6bR$14.4b7.7x7.2x0.2x
Fri, 12 May 2023R$96.5bR$607.8bR$21.5b7.9x4.5x0.2x
Sun, 09 Apr 2023R$90.5bR$607.0bR$21.6b7.6x4.2x0.1x
Tue, 07 Mar 2023R$103.5bR$609.9bR$25.9b10.1x4x0.2x
Thu, 02 Feb 2023R$105.4bR$595.1bR$29.3b7.4x3.6x0.2x
Sat, 31 Dec 2022R$109.3bR$594.8bR$29.2b7.1x3.7x0.2x
Mon, 28 Nov 2022R$116.2bR$594.7bR$29.3b7.2x4x0.2x
Wed, 26 Oct 2022R$127.7bR$572.0bR$34.1b7.1x3.7x0.2x
Fri, 23 Sep 2022R$133.7bR$571.5bR$34.1b7.3x3.9x0.2x
Sun, 21 Aug 2022R$150.5bR$570.5bR$34.0b7.8x4.4x0.3x
Tue, 19 Jul 2022R$135.4bR$547.6bR$32.2b7.8x4.2x0.2x
Thu, 16 Jun 2022R$146.8bR$547.1bR$32.2b8.4x4.6x0.3x
Sat, 14 May 2022R$158.7bR$546.1bR$31.9b9.2x5x0.3x
Mon, 11 Apr 2022R$172.3bR$521.8bR$30.0b10.4x5.7x0.3x
Wed, 09 Mar 2022R$161.6bR$493.8bR$28.2b10.3x5.7x0.3x
Fri, 04 Feb 2022R$159.0bR$490.1bR$27.6b12.4x5.8x0.3x
Sun, 02 Jan 2022R$168.5bR$489.8bR$27.6b12.8x6.1x0.3x
Tue, 30 Nov 2021R$158.2bR$489.8bR$27.6b11.9x5.7x0.3x
Thu, 28 Oct 2021R$176.5bR$455.8bR$22.5b11.8x7.8x0.4x
Sat, 25 Sep 2021R$171.1bR$455.5bR$22.5b12x7.6x0.4x
Mon, 23 Aug 2021R$163.4bR$455.4bR$22.5b11.7x7.3x0.4x
Price to Earnings Ratio

7.3x


Total Market Cap: R$163.4bTotal Earnings: R$22.5bTotal Revenue: R$455.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Food Industry Price to Earnings3Y Average -2.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Brazilian Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 27.3x which is higher than its 3-year average PE of -2.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 34% per year over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 Market2.83%
Consumer Staples4.08%
Food8.94%
Packaged Foods and Meats9.79%
Agricultural Products2.06%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 5.0x.
    • Analysts are expecting annual earnings growth of 28.9%, which is higher than its past year's earnings growth of 16.9% 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 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 29% over the next 5 years.
  • This is better than its past earnings growth rate of 17% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 16% 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
JBSS3 JBSR$37.9213.8%
+R$10.2b
97.4%PE20.9x
BRFS3 BRFR$23.919.0%
+R$3.1b
134.4%PS0.7x
MRFG3 Marfrig Global FoodsR$13.098.0%
+R$894.6m
78.1%PS0.09x
TTEN3 Três Tentos Agroindustrial S/AR$12.0812.5%
+R$667.5m
-2.8%PE8.6x
SMTO3 São MartinhoR$29.812.0%
+R$204.0m
-7.1%PE7.6x
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Latest News

SMTO3

R$29.81

São Martinho

7D

2.0%

1Y

-7.1%

JBSS3

R$37.92

JBS

7D

13.8%

1Y

97.4%

AGXY3

R$1.36

AgroGalaxy Participações

7D

-6.8%

1Y

-72.8%

MNPR3

R$16.20

Minupar Participações

7D

21.0%

1Y

1.3%

MRFG3

R$13.09

Marfrig Global Foods

7D

8.0%

1Y

78.1%

JALL3

R$6.85

Jalles Machado S/A

7D

-2.7%

1Y

-2.6%

AGRO3

R$26.04

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas

7D

-0.3%

1Y

10.1%