The Associated British Foods plc (LON:ABF) Half-Yearly Results Are Out And Analysts Have Published New Forecasts
Apr 26
U.K. (FTSE) Consumer Staples Sector Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies66
- 7D3.6%
- 3M-0.05%
- 1Y-11.1%
- YTD0.3%
In the last week, the Consumer Staples industry is up 3.7%, with Unilever up 8.4%. In the past year, the industry is down 12%. Looking forward, earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the U.K. Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | UK£384.1b | UK£351.2b | UK£5.7b | 16.9x | 66.9x | 1.1x |
| Mon, 25 Mar 2024 | UK£374.8b | UK£344.3b | UK£4.7b | 16.8x | 79.8x | 1.1x |
| Wed, 21 Feb 2024 | UK£386.5b | UK£344.1b | UK£5.2b | 17.7x | 74.1x | 1.1x |
| Fri, 19 Jan 2024 | UK£378.9b | UK£363.3b | UK£31.1b | 16.1x | 12.2x | 1x |
| Sun, 17 Dec 2023 | UK£381.6b | UK£362.9b | UK£31.1b | 16.4x | 12.3x | 1.1x |
| Tue, 14 Nov 2023 | UK£388.7b | UK£362.2b | UK£30.0b | 16.8x | 12.9x | 1.1x |
| Thu, 12 Oct 2023 | UK£394.7b | UK£354.8b | UK£29.5b | 16x | 13.4x | 1.1x |
| Sat, 09 Sep 2023 | UK£400.9b | UK£353.2b | UK£28.9b | 16.4x | 13.9x | 1.1x |
| Mon, 07 Aug 2023 | UK£404.6b | UK£352.4b | UK£28.5b | 16.3x | 14.2x | 1.1x |
| Wed, 05 Jul 2023 | UK£403.1b | UK£352.2b | UK£25.6b | 15.7x | 15.7x | 1.1x |
| Fri, 02 Jun 2023 | UK£407.7b | UK£355.8b | UK£25.8b | 16.3x | 15.8x | 1.1x |
| Sun, 30 Apr 2023 | UK£437.3b | UK£354.0b | UK£25.4b | 16.9x | 17.2x | 1.2x |
| Tue, 28 Mar 2023 | UK£417.4b | UK£349.2b | UK£26.1b | 15.7x | 16x | 1.2x |
| Thu, 23 Feb 2023 | UK£425.5b | UK£345.2b | UK£27.1b | 15.2x | 15.7x | 1.2x |
| Sat, 21 Jan 2023 | UK£420.5b | UK£340.7b | UK£24.0b | 14.8x | 17.5x | 1.2x |
| Mon, 19 Dec 2022 | UK£417.5b | UK£343.1b | UK£24.0b | 14.7x | 17.4x | 1.2x |
| Wed, 16 Nov 2022 | UK£411.0b | UK£346.5b | UK£24.8b | 14x | 16.6x | 1.2x |
| Fri, 14 Oct 2022 | UK£562.0b | UK£338.3b | UK£25.1b | 13.4x | 22.4x | 1.7x |
| Sun, 11 Sep 2022 | UK£441.2b | UK£345.9b | UK£26.7b | 15.3x | 16.5x | 1.3x |
| Tue, 09 Aug 2022 | UK£449.6b | UK£303.4b | UK£26.0b | 16.6x | 17.3x | 1.5x |
| Thu, 07 Jul 2022 | UK£410.7b | UK£312.5b | UK£23.4b | 16.6x | 17.5x | 1.3x |
| Sat, 04 Jun 2022 | UK£409.3b | UK£323.5b | UK£23.9b | 16.5x | 17.1x | 1.3x |
| Mon, 02 May 2022 | UK£400.0b | UK£308.2b | UK£23.4b | 17x | 17.1x | 1.3x |
| Wed, 30 Mar 2022 | UK£391.0b | UK£295.0b | UK£22.1b | 18.5x | 17.7x | 1.3x |
| Fri, 25 Feb 2022 | UK£393.7b | UK£283.1b | UK£22.0b | 18.4x | 17.9x | 1.4x |
| Sun, 23 Jan 2022 | UK£413.0b | UK£284.8b | UK£19.1b | 20.1x | 21.6x | 1.5x |
| Tue, 21 Dec 2021 | UK£423.8b | UK£287.4b | UK£19.3b | 19.8x | 22x | 1.5x |
| Thu, 18 Nov 2021 | UK£415.1b | UK£304.8b | UK£19.0b | 20.5x | 21.9x | 1.4x |
| Sat, 16 Oct 2021 | UK£404.5b | UK£302.7b | UK£18.1b | 20.1x | 22.4x | 1.3x |
| Mon, 13 Sep 2021 | UK£409.5b | UK£300.9b | UK£17.5b | 22.2x | 23.4x | 1.4x |
| Wed, 11 Aug 2021 | UK£416.4b | UK£298.8b | UK£17.7b | 23.1x | 23.6x | 1.4x |
| Sun, 06 Jun 2021 | UK£416.3b | UK£295.3b | UK£18.2b | 23.5x | 22.9x | 1.4x |
Price to Earnings Ratio
22.6x
Current Industry PE
- Investors are optimistic on the British Consumer Staples industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 66.6x which is higher than its 3-year average PE of 22.6x.
- The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have declined 32% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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 U.K. Consumer Staples sector?
| GB Market | 2.84% | |
| Consumer Staples | 3.57% | |
| Personal Products | 7.08% | |
| Household Products | 6.13% | |
| Food | 5.49% | |
| Food and Staples Retail | 2.42% | |
| Tobacco | 1.02% | |
| Beverage | -1.07% | |
Industry PE
- Investors are most optimistic about the Personal Products industry, which is trading close to its 3-year average PE ratio of 19.6x.
- Analysts are expecting annual earnings growth of 6.2%, which is lower than the prior year's growth of 29.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Tobacco industry, expecting annual earnings growth of 39% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Personal Products industry is expected to see its earnings grow by 6.2% 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 | |
|---|---|---|---|---|---|
| ULVR Unilever | UK£41.33 | 8.4% +UK£8.1b | -6.8% | PE18.6x | |
| RKT Reckitt Benckiser Group | UK£44.23 | 6.1% +UK£1.8b | -31.2% | PE19.1x | |
| ABF Associated British Foods | UK£26.35 | 7.7% +UK£1.4b | 34.7% | PE16.7x | |
| HLN Haleon | UK£3.34 | 2.6% +UK£785.4m | -4.7% | PE29.1x | |
| TSCO Tesco | UK£2.89 | 2.7% +UK£522.7m | 2.8% | PE11.4x |
