Narrative Update • Aug 18

Over the last 7 days, the Restaurants industry has dropped 1.5%, driven by Compass Group declining 0.7%. However, the industry is down 9.4% over the past year. Looking forward, earnings are forecast to grow by 12% annually.
Has the U.K. Restaurants Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 25 Aug 2026 | UK£60.7b | UK£61.5b | UK£2.5b | 14.5x | 24.5x | 1x |
| Thu, 23 Jul 2026 | UK£59.4b | UK£61.4b | UK£2.5b | 13.5x | 24.1x | 1x |
| Sat, 20 Jun 2026 | UK£61.2b | UK£61.4b | UK£2.5b | 12.3x | 24.8x | 1x |
| Mon, 18 May 2026 | UK£60.6b | UK£61.3b | UK£2.4b | 12.7x | 25.2x | 1x |
| Wed, 15 Apr 2026 | UK£53.2b | UK£58.9b | UK£2.3b | 13x | 23.6x | 0.9x |
| Fri, 13 Mar 2026 | UK£45.6b | UK£47.2b | UK£1.8b | 12.2x | 25.3x | 1x |
| Sun, 08 Feb 2026 | UK£43.1b | UK£46.5b | UK£1.8b | 11.4x | 24x | 0.9x |
| Tue, 06 Jan 2026 | UK£46.5b | UK£46.7b | UK£1.8b | 12.2x | 25.8x | 1x |
| Thu, 04 Dec 2025 | UK£46.0b | UK£47.1b | UK£1.9b | 11.1x | 24.6x | 1x |
| Sat, 01 Nov 2025 | UK£49.0b | UK£45.9b | UK£1.6b | 10.9x | 31.4x | 1.1x |
| Mon, 29 Sep 2025 | UK£51.9b | UK£47.3b | UK£1.5b | 11.2x | 34x | 1.1x |
| Wed, 27 Aug 2025 | UK£52.5b | UK£47.1b | UK£1.5b | 10.3x | 34.6x | 1.1x |
| Fri, 25 Jul 2025 | UK£54.5b | UK£46.9b | UK£1.6b | 10.2x | 35.1x | 1.2x |
| Sun, 22 Jun 2025 | UK£51.7b | UK£47.1b | UK£1.6b | 9.9x | 33.3x | 1.1x |
| Tue, 20 May 2025 | UK£54.3b | UK£47.1b | UK£1.6b | 12x | 34.2x | 1.2x |
| Thu, 17 Apr 2025 | UK£51.3b | UK£46.0b | UK£1.5b | 12x | 34.2x | 1.1x |
| Sat, 15 Mar 2025 | UK£53.3b | UK£46.7b | UK£1.5b | 13.6x | 35.3x | 1.1x |
| Mon, 10 Feb 2025 | UK£56.0b | UK£48.3b | UK£1.6b | 15.2x | 35x | 1.2x |
| Wed, 08 Jan 2025 | UK£54.6b | UK£48.1b | UK£1.6b | 16.7x | 34.4x | 1.1x |
| Fri, 06 Dec 2024 | UK£57.6b | UK£47.4b | UK£1.6b | 18.4x | 36.7x | 1.2x |
| Sun, 03 Nov 2024 | UK£53.3b | UK£46.1b | UK£1.7b | 30.3x | 32.2x | 1.2x |
| Tue, 01 Oct 2024 | UK£51.8b | UK£45.1b | UK£1.6b | 31x | 32.7x | 1.1x |
| Thu, 29 Aug 2024 | UK£51.8b | UK£45.5b | UK£1.6b | 31.1x | 32.3x | 1.1x |
| Sat, 27 Jul 2024 | UK£51.1b | UK£46.2b | UK£1.6b | 29.3x | 32.6x | 1.1x |
| Mon, 24 Jun 2024 | UK£48.8b | UK£46.7b | UK£1.6b | 27.6x | 30.7x | 1x |
| Wed, 22 May 2024 | UK£48.8b | UK£46.2b | UK£1.6b | 22.6x | 31.4x | 1.1x |
| Fri, 19 Apr 2024 | UK£47.0b | UK£44.9b | UK£1.4b | 21.3x | 33.5x | 1x |
| Sun, 17 Mar 2024 | UK£47.9b | UK£44.8b | UK£1.4b | 20.8x | 33.6x | 1.1x |
| Tue, 13 Feb 2024 | UK£48.2b | UK£44.8b | UK£1.3b | 24.8x | 38.3x | 1.1x |
| Thu, 11 Jan 2024 | UK£48.6b | UK£45.8b | UK£1.2b | 28.4x | 40.1x | 1.1x |
| Sat, 09 Dec 2023 | UK£46.5b | UK£45.8b | UK£1.2b | 26.8x | 38.4x | 1x |
| Mon, 06 Nov 2023 | UK£45.7b | UK£43.8b | UK£1.3b | 24.3x | 35.5x | 1x |
| Wed, 04 Oct 2023 | UK£44.6b | UK£43.8b | UK£1.3b | 23.9x | 34.4x | 1x |
| Fri, 01 Sep 2023 | UK£45.0b | UK£43.7b | UK£1.3b | 18.5x | 35.2x | 1x |
35.2x
How does U.K. Restaurants compare with similar industries?
| GB Market | 1.40% | |
| Consumer Discretionary | -0.18% | |
| Hospitality | -0.49% | |
| Restaurants | -0.34% | |
| Casinos and Gaming | -0.34% | |
| Leisure Facilities | -0.80% | |
| Hotels, Resorts and Cruise Lines | -1.73% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GRG Greggs | UK£18.76 | 4.3% +UK£79.5m | 15.0% | PE14.5x | |
| DOM Domino's Pizza Group | UK£2.06 | 6.7% +UK£49.2m | -1.0% | PE13.2x | |
| MAB Mitchells & Butlers | UK£2.85 | 2.9% +UK£47.5m | 6.1% | PE9.2x | |
| JDW J D Wetherspoon | UK£8.46 | 5.4% +UK£44.7m | 15.7% | PE15.8x | |
| TMO Time Out Group | UK£0.072 | 7.4% +UK£2.6m | -50.8% | PS0.5x |