Südzucker (ETR:SZU) Is Increasing Its Dividend To €0.90
Apr 18
German (DAX) Food Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies11
- 7D-1.0%
- 3M-5.9%
- 1Y-23.9%
- YTD-9.1%
In the last week, the Food industry is up 1.0%, with Südzucker leading the way, up 2.2%. Meanwhile, Südwestdeutsche Salzwerke actually underperformed within the industry, shrinking 6.6% in the last week. However, the industry is down 25% over the past year. As for the next few years, earnings are forecast to decline by 22% per annum.
Industry Valuation and Performance
Has the German Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | €5.6b | €13.8b | €789.5m | 16x | 7.1x | 0.4x |
| Sun, 24 Mar 2024 | €5.6b | €13.7b | €758.4m | 15.8x | 7.3x | 0.4x |
| Tue, 20 Feb 2024 | €5.8b | €13.7b | €756.0m | 16.1x | 7.7x | 0.4x |
| Thu, 18 Jan 2024 | €7.4b | €18.3b | €689.3m | 14.3x | 10.8x | 0.4x |
| Sat, 16 Dec 2023 | €7.5b | €18.0b | €665.3m | 14.6x | 11.3x | 0.4x |
| Mon, 13 Nov 2023 | €7.8b | €18.0b | €665.0m | 14x | 11.7x | 0.4x |
| Wed, 11 Oct 2023 | €7.8b | €17.8b | €564.3m | 13.1x | 13.8x | 0.4x |
| Fri, 08 Sep 2023 | €8.0b | €17.8b | €569.6m | 12.8x | 14.1x | 0.5x |
| Sun, 06 Aug 2023 | €8.3b | €17.7b | €579.9m | 12.4x | 14.4x | 0.5x |
| Tue, 04 Jul 2023 | €8.6b | €17.5b | €495.4m | 14.6x | 17.4x | 0.5x |
| Thu, 01 Jun 2023 | €8.3b | €17.0b | €368.9m | 17.3x | 22.5x | 0.5x |
| Sat, 29 Apr 2023 | €8.9b | €16.8b | €360.6m | 17.1x | 24.8x | 0.5x |
| Mon, 27 Mar 2023 | €8.4b | €16.8b | €360.1m | 17.3x | 23.2x | 0.5x |
| Wed, 22 Feb 2023 | €8.7b | €16.7b | €358.6m | 18.7x | 24.2x | 0.5x |
| Fri, 20 Jan 2023 | €8.6b | €16.6b | €349.9m | 19.3x | 24.5x | 0.5x |
| Sun, 18 Dec 2022 | €8.3b | €16.2b | €227.3m | 20.4x | 36.6x | 0.5x |
| Tue, 15 Nov 2022 | €8.2b | €16.2b | €228.4m | 20x | 35.8x | 0.5x |
| Thu, 13 Oct 2022 | €6.1b | €11.2b | €310.5m | 18.7x | 19.6x | 0.5x |
| Sat, 10 Sep 2022 | €6.6b | €11.0b | €308.4m | 19.4x | 21.5x | 0.6x |
| Mon, 08 Aug 2022 | €6.7b | €11.1b | €313.3m | 20.6x | 21.4x | 0.6x |
| Wed, 06 Jul 2022 | €6.8b | €10.5b | €247.5m | 19.4x | 27.7x | 0.7x |
| Fri, 03 Jun 2022 | €6.6b | €10.5b | €246.5m | 20.4x | 26.6x | 0.6x |
| Sun, 01 May 2022 | €6.8b | €10.1b | €258.5m | 21.2x | 26.4x | 0.7x |
| Tue, 29 Mar 2022 | €6.6b | €10.1b | €239.1m | 25.8x | 27.5x | 0.7x |
| Thu, 24 Feb 2022 | €6.6b | €10.1b | €233.8m | 26.8x | 28x | 0.7x |
| Sat, 22 Jan 2022 | €6.7b | €10.0b | €239.0m | 26.8x | 28.1x | 0.7x |
| Mon, 20 Dec 2021 | €6.9b | €9.7b | €80.9m | 24.4x | 85.6x | 0.7x |
| Wed, 17 Nov 2021 | €7.1b | €9.6b | €76.3m | 24.1x | 93.4x | 0.7x |
| Fri, 15 Oct 2021 | €7.0b | €9.5b | €24.9m | 25.7x | 279.3x | 0.7x |
| Sun, 12 Sep 2021 | €7.0b | €9.6b | €25.7m | 32.3x | 272.3x | 0.7x |
| Tue, 10 Aug 2021 | €6.8b | €9.6b | €25.7m | 32.3x | 263.2x | 0.7x |
| Mon, 03 May 2021 | €6.9b | €9.5b | €27.0m | 30.2x | 254.9x | 0.7x |
Price to Earnings Ratio
254.9x
Current Industry PE
- Investors are pessimistic on the German 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 7.2x which is lower than its 3-year average PE of 69.6x.
- The industry is trading close to its 3-year average PS ratio of 0.57x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 208% per year over the last three years.
- Revenues for these companies have grown 13% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Consumer Staples industry?
| DE Market | 0.47% | |
| Consumer Staples | 1.31% | |
| Food | -1.03% | |
| Agricultural Products | 0.80% | |
| Packaged Foods and Meats | -1.86% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry, which is trading close to its 3-year average PE ratio of 20.8x.
- Analysts are expecting annual earnings growth of 15.5%, which is higher than its past year's earnings decline of 24.8% 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.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings decline by 45% 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 | |
|---|---|---|---|---|---|
| KWS KWS SAAT SE KGaA | €47.60 | 0.8% +€13.2m | -18.1% | PE16x | |
| GTK Tonkens Agrar | €6.60 | 8.2% +€829.5k | 8.2% | PE10.8x | |
| LKM Landshuter Kunstmuehle | €310.00 | 3.3% +€720.0k | -48.3% | PE40.6x |
