German (DAX) Food Industry Analysis

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, 17 Jul 2026	€6.4b	€11.6b	-€126,563,994.00	18.4x	-50.9x	0.6x
Sun, 14 Jun 2026	€6.2b	€11.7b	-€163,600,121.00	18.1x	-37.9x	0.5x
Tue, 12 May 2026	€6.5b	€11.9b	€71.1m	17.9x	92.1x	0.5x
Thu, 09 Apr 2026	€6.6b	€11.9b	€71.1m	18.2x	92.4x	0.6x
Sat, 07 Mar 2026	€5.8b	€11.9b	€77.1m	14.7x	75.2x	0.5x
Mon, 02 Feb 2026	€6.1b	€11.9b	€57.4m	14.9x	105.5x	0.5x
Wed, 31 Dec 2025	€5.7b	€12.1b	-€66,605,480.00	14.9x	-85.5x	0.5x
Fri, 28 Nov 2025	€5.8b	€12.1b	-€65,187,823.00	14.4x	-89.3x	0.5x
Sun, 26 Oct 2025	€5.9b	€12.1b	-€98,795,963.00	15.4x	-59.4x	0.5x
Tue, 23 Sep 2025	€5.6b	€12.6b	€11.9m	15x	472.7x	0.4x
Thu, 21 Aug 2025	€5.9b	€12.6b	€12.1m	15.4x	485.8x	0.5x
Sat, 19 Jul 2025	€5.8b	€12.6b	€14.7m	14.9x	394.4x	0.5x
Mon, 16 Jun 2025	€5.7b	€13.1b	€122.7m	14.8x	46.4x	0.4x
Wed, 14 May 2025	€5.6b	€13.4b	€300.9m	15.2x	18.5x	0.4x
Fri, 11 Apr 2025	€5.5b	€13.4b	€307.9m	13.7x	17.9x	0.4x
Sun, 09 Mar 2025	€5.6b	€13.4b	€301.0m	12.4x	18.5x	0.4x
Tue, 04 Feb 2025	€5.5b	€13.4b	€327.3m	12.1x	16.9x	0.4x
Thu, 02 Jan 2025	€5.3b	€13.7b	€617.3m	8.4x	8.7x	0.4x
Sat, 30 Nov 2024	€5.6b	€13.7b	€616.2m	11x	9.1x	0.4x
Mon, 28 Oct 2024	€5.8b	€13.7b	€600.7m	11.7x	9.7x	0.4x
Wed, 25 Sep 2024	€5.7b	€14.0b	€726.6m	12.2x	7.9x	0.4x
Fri, 23 Aug 2024	€6.0b	€14.0b	€726.6m	11.6x	8.3x	0.4x
Sun, 21 Jul 2024	€6.0b	€14.0b	€719.2m	11.5x	8.3x	0.4x
Tue, 18 Jun 2024	€6.3b	€14.1b	€803.6m	10.4x	7.8x	0.4x
Thu, 16 May 2024	€6.1b	€13.9b	€880.1m	13x	7x	0.4x
Sat, 13 Apr 2024	€5.8b	€13.8b	€789.5m	16.5x	7.3x	0.4x
Mon, 11 Mar 2024	€5.6b	€13.7b	€758.4m	15.6x	7.4x	0.4x
Wed, 07 Feb 2024	€5.9b	€13.8b	€776.2m	14.6x	7.6x	0.4x
Fri, 05 Jan 2024	€7.6b	€18.0b	€665.3m	14.8x	11.5x	0.4x
Sun, 03 Dec 2023	€7.6b	€18.0b	€664.8m	14x	11.5x	0.4x
Tue, 31 Oct 2023	€7.7b	€18.0b	€674.1m	13.7x	11.4x	0.4x
Thu, 28 Sep 2023	€7.8b	€17.8b	€564.3m	13x	13.8x	0.4x
Sat, 26 Aug 2023	€8.0b	€17.8b	€569.6m	12.6x	14.1x	0.5x
Mon, 24 Jul 2023	€8.5b	€17.7b	€579.9m	12.4x	14.6x	0.5x

Current Industry PE

Investors are optimistic on the German Food industry, and appear confident in long term growth rates.

The industry is trading close to its 3-year average PS ratio of 0.45x.

Past Earnings Growth

Total earnings for the Food industry have declined over the last three years, with the industry now making a loss overall.
Revenues have also declined 13% per year, which is driving profits down.

Industry Trends

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


DE Market	-0.23%
Consumer Staples	2.29%
Food	2.60%
Packaged Foods and Meats	5.68%
Agricultural Products	-1.63%

Industry PE

Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 14.2x.

Analysts are expecting annual earnings growth of 7.5%, which is lower than the prior year's growth of 129.7% per year.

Forecasted Growth

Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 100% over the next 5 years.
This is better than its past earnings decline of 15% per year.

In contrast, the Agricultural Products industry is expected to see its earnings grow by 7.5% 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
SZU Südzucker	€11.90	7.2% +€163.3m	19.4%	PS0.3x
SSH Südwestdeutsche Salzwerke	€61.50	4.2% +€26.3m	-5.4%	PE19.2x
NLM FRoSTA	€101.00	2.4% +€16.3m	10.0%	PE18.4x
VEZ Planethic Group	€1.81	103.4% +€2.0m	-88.5%	n/a

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Over 12x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported June 2023 fiscal period end). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (over 12x increase in shares outstanding). Market cap is less than US$10m (€132.3k market cap, or US$152.5k).

German (DAX) Food Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

First half 2026 earnings released

Südzucker AG (ETR:SZU) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Planethic Group AG to Report First Half, 2026 Results on Sep 24, 2026

KWS: Future Margin Delivery Will Drive Upside Despite Cautious Earnings Outlook

New major risk - Shareholder dilution

Dividend of €1.90 announced

New major risk - Revenue and earnings growth