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U.K. (FTSE) Food Industry Analysis

UpdatedJul 23, 2024
DataAggregated Company Financials
Companies21
  • 7D0.2%
  • 3M-3.4%
  • 1Y21.3%
  • YTD9.5%

Over the last 7 days, the Food industry has remained flat, although notably Tate & Lyle gained 3.0%. As for the the longer term, the industry is up 21% over the past 12 months. Looking forward, earnings are forecast to grow by 9.9% annually.

Industry Valuation and Performance

Has the U.K. Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Jul 2024UK£31.0bUK£41.7bUK£2.3b13.7x13.2x0.7x
Thu, 20 Jun 2024UK£31.1bUK£41.9bUK£2.4b14.7x13.2x0.7x
Sat, 18 May 2024UK£32.7bUK£41.8bUK£2.4b14.5x13.8x0.8x
Mon, 15 Apr 2024UK£29.5bUK£41.3bUK£2.3b15.8x12.9x0.7x
Wed, 13 Mar 2024UK£26.8bUK£38.3bUK£1.8b13.9x15.3x0.7x
Fri, 09 Feb 2024UK£27.3bUK£40.9bUK£2.2b15.3x12.6x0.7x
Sun, 07 Jan 2024UK£29.0bUK£41.8bUK£2.2b15.5x13.1x0.7x
Tue, 05 Dec 2023UK£29.3bUK£41.9bUK£2.2b15.5x13.2x0.7x
Thu, 02 Nov 2023UK£25.6bUK£40.2bUK£1.4b19.8x18.7x0.6x
Sat, 30 Sep 2023UK£26.3bUK£40.2bUK£1.3b19.4x19.5x0.7x
Mon, 28 Aug 2023UK£25.3bUK£39.9bUK£1.4b13.5x18.3x0.6x
Wed, 26 Jul 2023UK£26.4bUK£40.1bUK£1.3b14.4x20.2x0.7x
Fri, 23 Jun 2023UK£25.4bUK£40.5bUK£1.3b14.9x19.7x0.6x
Sun, 21 May 2023UK£25.5bUK£40.0bUK£1.2b13.9x20.7x0.6x
Tue, 18 Apr 2023UK£26.4bUK£38.0bUK£1.0b13.9x25.2x0.7x
Thu, 16 Mar 2023UK£25.4bUK£38.3bUK£1.1b13.2x23.3x0.7x
Sat, 11 Feb 2023UK£25.5bUK£38.3bUK£1.1b13.8x22.2x0.7x
Mon, 09 Jan 2023UK£24.5bUK£38.3bUK£1.1b12.6x21.4x0.6x
Wed, 07 Dec 2022UK£23.4bUK£38.8bUK£1.1b12.7x20.6x0.6x
Fri, 04 Nov 2022UK£20.2bUK£36.7bUK£1.8b12.3x11.4x0.6x
Sun, 02 Oct 2022UK£19.5bUK£36.8bUK£1.8b11.3x10.8x0.5x
Tue, 30 Aug 2022UK£41.5bUK£44.0bUK£2.7b14.9x15.1x0.9x
Thu, 28 Jul 2022UK£42.4bUK£43.3bUK£3.0b14.9x14.4x1x
Sat, 25 Jun 2022UK£40.6bUK£43.7bUK£3.0b15.9x13.4x0.9x
Mon, 23 May 2022UK£24.0bUK£36.9bUK£2.5b13.5x9.7x0.7x
Wed, 20 Apr 2022UK£25.1bUK£33.9bUK£2.0b14.9x12.5x0.7x
Fri, 18 Mar 2022UK£25.6bUK£33.2bUK£1.9b15.2x13.8x0.8x
Sun, 13 Feb 2022UK£29.7bUK£33.6bUK£2.0b14.7x14.6x0.9x
Tue, 11 Jan 2022UK£30.9bUK£33.6bUK£2.0b16.2x15.2x0.9x
Thu, 09 Dec 2021UK£29.4bUK£33.7bUK£2.0b15.8x14.3x0.9x
Sat, 06 Nov 2021UK£29.3bUK£31.9bUK£1.6b14.3x18.3x0.9x
Mon, 04 Oct 2021UK£28.6bUK£31.7bUK£1.6b13.6x17.7x0.9x
Wed, 01 Sep 2021UK£30.1bUK£31.2bUK£1.6b16.9x19.1x1x
Price to Earnings Ratio

19.3x


Total Market Cap: UK£30.5bTotal Earnings: UK£1.6bTotal Revenue: UK£31.2bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Food Industry Price to Earnings3Y Average 17.4x202220232024
Current Industry PE
  • Investors are pessimistic on the British Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.2x which is lower than its 3-year average PE of 17.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the U.K. Consumer Staples industry?

GB Market0.12%
Consumer Staples2.50%
Food0.18%
Packaged Foods and Meats0.22%
Agricultural Products-0.17%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 21.7x.
    • Analysts are expecting annual earnings growth of 9.7%, which is lower than the prior year's growth of 49.1% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 5.5x.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 9.7% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ABF Associated British FoodsUK£24.800.6%
+UK£117.4m
21.7%PE15.6x
TATE Tate & LyleUK£6.351.8%
+UK£36.6m
-15.2%PE13.8x
HOTC Hotel Chocolat GroupUK£3.740.3%
+UK£13.3m
76.0%PS2.6x
GNC Greencore GroupUK£1.811.9%
+UK£12.7m
103.8%PE15.6x
MPE M.P. Evans GroupUK£8.701.2%
+UK£5.3m
20.8%PE11.3x
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Latest News

OHT

UK£0.12

Ocean Harvest Technology Group

7D

-6.1%

1Y

-31.3%

PFD

UK£1.72

Premier Foods

7D

-0.6%

1Y

33.3%

GNC

UK£1.81

Greencore Group

7D

1.9%

1Y

103.8%

CAM

UK£43.40

Camellia

7D

1.9%

1Y

-23.9%

ANP

UK£3.00

Anpario

7D

-1.6%

1Y

44.6%

HFG

UK£8.97

Hilton Food Group

7D

-1.8%

1Y

38.4%

BMK

UK£0.39

Benchmark Holdings

7D

-1.6%

1Y

-3.1%

MPE

UK£8.70

M.P. Evans Group

7D

1.2%

1Y

20.8%

HOTC

UK£3.74

Hotel Chocolat Group

7D

0.3%

1Y

76.0%