French (CAC) Food Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 25 Apr 2024	€44.6b	€48.6b	€1.4b	12.5x	32.2x	0.9x
Sat, 23 Mar 2024	€44.3b	€48.5b	€1.4b	16.8x	32x	0.9x
Mon, 19 Feb 2024	€45.4b	€49.5b	€1.8b	22.2x	25.6x	0.9x
Wed, 17 Jan 2024	€47.3b	€51.2b	€1.9b	15.3x	25.1x	0.9x
Fri, 15 Dec 2023	€45.2b	€51.2b	€1.9b	14.9x	24x	0.9x
Sun, 12 Nov 2023	€44.4b	€50.9b	€1.8b	14.3x	24.5x	0.9x
Tue, 10 Oct 2023	€41.2b	€50.9b	€1.8b	17.3x	23.1x	0.8x
Thu, 07 Sep 2023	€41.4b	€50.5b	€1.7b	13.9x	24.6x	0.8x
Sat, 05 Aug 2023	€42.4b	€50.5b	€1.7b	14.5x	25.2x	0.8x
Mon, 03 Jul 2023	€43.3b	€49.0b	€1.3b	15.1x	34.4x	0.9x
Wed, 31 May 2023	€43.2b	€49.1b	€1.3b	13.2x	33.6x	0.9x
Fri, 28 Apr 2023	€45.0b	€49.1b	€1.3b	17.2x	34.8x	0.9x
Sun, 26 Mar 2023	€42.2b	€48.7b	€1.6b	18.1x	25.6x	0.9x
Tue, 21 Feb 2023	€39.8b	€46.0b	€2.3b	17.3x	17.6x	0.9x
Thu, 19 Jan 2023	€38.3b	€45.9b	€2.3b	19.8x	17x	0.8x
Sat, 17 Dec 2022	€37.2b	€45.9b	€2.3b	17.8x	16.5x	0.8x
Mon, 14 Nov 2022	€37.5b	€45.6b	€2.3b	16.1x	16.5x	0.8x
Wed, 12 Oct 2022	€36.1b	€45.5b	€2.3b	14.7x	16x	0.8x
Fri, 09 Sep 2022	€39.0b	€45.7b	€2.5b	12.7x	15.8x	0.9x
Sun, 07 Aug 2022	€41.1b	€45.7b	€2.5b	12.5x	16.7x	0.9x
Tue, 05 Jul 2022	€40.4b	€44.2b	€2.4b	13x	16.9x	0.9x
Thu, 02 Jun 2022	€41.2b	€43.8b	€2.4b	13.5x	17.4x	0.9x
Sat, 30 Apr 2022	€43.6b	€43.8b	€2.3b	13.1x	18.6x	1x
Mon, 28 Mar 2022	€42.9b	€47.2b	€2.4b	16.8x	17.6x	0.9x
Wed, 23 Feb 2022	€46.6b	€45.9b	€2.6b	18.7x	18x	1x
Fri, 21 Jan 2022	€48.8b	€45.9b	€2.6b	18.8x	18.8x	1.1x
Sun, 19 Dec 2021	€46.6b	€45.9b	€2.6b	17.8x	18x	1x
Tue, 16 Nov 2021	€48.9b	€45.6b	€2.6b	18.8x	19x	1.1x
Thu, 14 Oct 2021	€48.6b	€45.6b	€2.6b	19.8x	18.9x	1.1x
Sat, 11 Sep 2021	€49.2b	€45.7b	€2.6b	20.6x	19.1x	1.1x
Mon, 09 Aug 2021	€51.3b	€45.4b	€2.5b	21.9x	20.3x	1.1x
Sun, 02 May 2021	€48.7b	€45.5b	€2.5b	20x	19.3x	1.1x

Current Industry PE

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

The industry is trading at a PE ratio of 32.1x which is higher than its 3-year average PE of 21.9x.

The industry is trading close to its 3-year average PS ratio of 0.93x.

Past Earnings Growth

The earnings for companies in the Food industry have declined 18% per year over the last three years.
Meanwhile revenues for these companies have grown 2.2% 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 French Consumer Staples industry?


FR Market	1.16%
Consumer Staples	4.32%
Food	1.92%
Agricultural Products	2.24%
Packaged Foods and Meats	1.92%

Industry PE

Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 22.2x.

Analysts are expecting annual earnings growth of 18.4%, which is lower than the prior year's growth of 41.8% per year.

Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 17.2x.

Forecasted Growth

Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 90% over the next 5 years.
However this is lower than its past earnings growth rate of 381% per year.

In contrast, the Packaged Foods and Meats 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?

Company	Last Price	7D	1Y	Valuation
BN Danone	€59.76	2.1% +€783.1m	-1.0%	PE43.9x
LOUP L.D.C	€145.50	5.4% +€131.5m	29.3%	PE9x
SAVE Savencia	€53.40	1.5% +€10.8m	-12.5%	PE7.5x
MALT Malteries Franco-Belges Société Anonyme	€645.00	3.2% +€9.9m	4.9%	PE8.5x
BON Bonduelle	€7.68	3.8% +€9.0m	-31.9%	PS0.1x