An Intrinsic Calculation For Danone S.A. (EPA:BN) Suggests It's 39% Undervalued
May 14
French (CAC) Food Industry Analysis
UpdatedMay 20, 2024
DataAggregated Company Financials
Companies19
- 7D0.04%
- 3M-1.9%
- 1Y2.6%
- YTD0.2%
Over the last 7 days, the Food industry has remained flat. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are forecast to grow by 18% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 20 May 2024 | €44.7b | €48.5b | €1.3b | 9.1x | 33.9x | 0.9x |
| Wed, 17 Apr 2024 | €43.2b | €48.6b | €1.4b | 12.3x | 31.1x | 0.9x |
| Fri, 15 Mar 2024 | €44.3b | €48.5b | €1.4b | 17x | 32.1x | 0.9x |
| Sun, 11 Feb 2024 | €45.2b | €49.5b | €1.8b | 23.2x | 25.5x | 0.9x |
| Tue, 09 Jan 2024 | €46.9b | €51.2b | €1.9b | 15.1x | 24.9x | 0.9x |
| Thu, 07 Dec 2023 | €45.5b | €51.2b | €1.9b | 15x | 24.1x | 0.9x |
| Sat, 04 Nov 2023 | €44.2b | €50.9b | €1.8b | 17.9x | 24.6x | 0.9x |
| Mon, 02 Oct 2023 | €41.0b | €50.8b | €1.7b | 14.7x | 24.6x | 0.8x |
| Wed, 30 Aug 2023 | €42.1b | €50.5b | €1.7b | 13.9x | 25x | 0.8x |
| Fri, 28 Jul 2023 | €43.5b | €50.3b | €1.7b | 15.3x | 26.2x | 0.9x |
| Sun, 25 Jun 2023 | €43.3b | €49.1b | €1.3b | 16.1x | 34.3x | 0.9x |
| Tue, 23 May 2023 | €44.9b | €49.1b | €1.3b | 12.8x | 34.9x | 0.9x |
| Thu, 20 Apr 2023 | €45.0b | €49.0b | €1.3b | 21.3x | 35.6x | 0.9x |
| Sat, 18 Mar 2023 | €40.9b | €48.7b | €1.6b | 18.2x | 24.8x | 0.8x |
| Mon, 13 Feb 2023 | €38.4b | €46.0b | €2.3b | 17.7x | 17x | 0.8x |
| Wed, 11 Jan 2023 | €38.0b | €45.9b | €2.3b | 19.8x | 16.8x | 0.8x |
| Fri, 09 Dec 2022 | €38.1b | €45.9b | €2.3b | 17x | 16.9x | 0.8x |
| Sun, 06 Nov 2022 | €37.9b | €45.6b | €2.3b | 14.7x | 16.8x | 0.8x |
| Tue, 04 Oct 2022 | €36.1b | €45.5b | €2.3b | 14.2x | 16x | 0.8x |
| Thu, 01 Sep 2022 | €40.2b | €45.7b | €2.5b | 12.7x | 16.4x | 0.9x |
| Sat, 30 Jul 2022 | €40.4b | €44.2b | €2.8b | 11.6x | 14.5x | 0.9x |
| Mon, 27 Jun 2022 | €39.7b | €44.2b | €2.4b | 13.5x | 16.7x | 0.9x |
| Wed, 25 May 2022 | €40.7b | €43.8b | €2.4b | 13.4x | 17.2x | 0.9x |
| Fri, 22 Apr 2022 | €42.3b | €43.8b | €2.3b | 13.8x | 18x | 1x |
| Sun, 20 Mar 2022 | €44.8b | €47.2b | €2.4b | 17.1x | 18.3x | 0.9x |
| Tue, 15 Feb 2022 | €46.9b | €45.9b | €2.6b | 18.8x | 18.1x | 1x |
| Thu, 13 Jan 2022 | €48.3b | €45.9b | €2.6b | 18.6x | 18.6x | 1.1x |
| Sat, 11 Dec 2021 | €45.6b | €45.9b | €2.6b | 17.3x | 17.6x | 1x |
| Mon, 08 Nov 2021 | €48.7b | €45.6b | €2.6b | 18.7x | 18.9x | 1.1x |
| Wed, 06 Oct 2021 | €49.0b | €45.6b | €2.6b | 19.3x | 19x | 1.1x |
| Fri, 03 Sep 2021 | €50.7b | €45.4b | €2.5b | 21.5x | 20x | 1.1x |
| Sun, 01 Aug 2021 | €50.9b | €45.4b | €2.5b | 21x | 20.1x | 1.1x |
Price to Earnings Ratio
19.2x
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 33.9x which is higher than its 3-year average PE of 22.2x.
- 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 19% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.1% 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 | -0.18% | |
| Consumer Staples | -1.20% | |
| Food | 0.043% | |
| Agricultural Products | 2.93% | |
| Packaged Foods and Meats | 0.012% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 18.0x.
- Analysts are expecting annual earnings growth of 71.1%, which is lower than the prior year's growth of 380.9% 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 of 22.6x.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 71% 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 | |
|---|---|---|---|---|---|
| LOUP L.D.C | €149.00 | 3.8% +€96.4m | 29.6% | PE9.2x | |
| MLAAH Amatheon Agri Holding | €0.062 | 24.0% +€7.3m | -46.1% | n/a | |
| MALT Malteries Franco-Belges Société Anonyme | €640.00 | 1.6% +€5.0m | 6.7% | PE8.4x | |
| BON Bonduelle | €8.00 | 1.8% +€4.5m | -29.3% | PS0.1x | |
| ALODC Omer-Decugis & Cie | €4.42 | 13.3% +€4.5m | -7.5% | PE27.2x |