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U.K. (FTSE) Food Industry Analysis

UpdatedDec 04, 2023
DataAggregated Company Financials
Companies25
  • 7D0.2%
  • 3M13.9%
  • 1Y27.7%
  • YTD30.6%

The Food industry has been flat over the last week, but Greencore Group has lost 5.2%. The past year has been better, since the industry has gained 28% in that time. Looking forward, earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023UK£29.3bUK£41.8bUK£2.2b15.5x13.2x0.7x
Wed, 01 Nov 2023UK£25.6bUK£40.2bUK£1.4b19.7x18.7x0.6x
Fri, 29 Sep 2023UK£26.1bUK£40.2bUK£1.4b18.5x19.3x0.6x
Sun, 27 Aug 2023UK£25.3bUK£39.9bUK£1.4b13.5x18.3x0.6x
Tue, 25 Jul 2023UK£26.8bUK£40.1bUK£1.3b14x20.5x0.7x
Thu, 22 Jun 2023UK£25.7bUK£40.5bUK£1.3b14.8x20x0.6x
Sat, 20 May 2023UK£25.5bUK£40.0bUK£1.2b13.8x20.7x0.6x
Mon, 17 Apr 2023UK£26.3bUK£38.0bUK£1.0b14.1x25.1x0.7x
Wed, 15 Mar 2023UK£26.1bUK£38.4bUK£1.1b13.4x24x0.7x
Fri, 10 Feb 2023UK£25.9bUK£38.4bUK£1.1b13.8x22.5x0.7x
Sun, 08 Jan 2023UK£24.5bUK£38.3bUK£1.1b12.6x21.4x0.6x
Tue, 06 Dec 2022UK£23.5bUK£38.8bUK£1.1b12.8x20.6x0.6x
Thu, 03 Nov 2022UK£20.2bUK£36.7bUK£1.8b12.3x11.4x0.6x
Sat, 01 Oct 2022UK£19.5bUK£36.8bUK£1.8b11.3x10.8x0.5x
Mon, 29 Aug 2022UK£41.5bUK£44.0bUK£2.7b14.9x15.1x0.9x
Wed, 27 Jul 2022UK£41.9bUK£43.3bUK£3.0b15x14.2x1x
Fri, 24 Jun 2022UK£39.9bUK£43.6bUK£3.0b15.7x13.2x0.9x
Sun, 22 May 2022UK£24.0bUK£36.9bUK£2.5b13.5x9.7x0.7x
Tue, 19 Apr 2022UK£25.3bUK£33.9bUK£2.0b15.2x12.7x0.7x
Thu, 17 Mar 2022UK£25.7bUK£33.3bUK£1.9b15.4x13.7x0.8x
Sat, 12 Feb 2022UK£29.7bUK£33.6bUK£2.0b14.7x14.6x0.9x
Mon, 10 Jan 2022UK£30.6bUK£33.6bUK£2.0b16x15.1x0.9x
Wed, 08 Dec 2021UK£29.6bUK£33.6bUK£2.0b14.9x14.5x0.9x
Fri, 05 Nov 2021UK£29.0bUK£31.8bUK£1.6b14.3x17.8x0.9x
Sun, 03 Oct 2021UK£28.6bUK£31.7bUK£1.6b13.6x17.7x0.9x
Tue, 31 Aug 2021UK£29.9bUK£31.2bUK£1.6b16.8x18.9x1x
Wed, 07 Jul 2021UK£31.3bUK£31.2bUK£1.6b15.4x19.8x1x
Sat, 10 Apr 2021UK£32.5bUK£30.7bUK£1.3b15.2x24.2x1.1x
Fri, 01 Jan 2021UK£30.3bUK£30.8bUK£1.1b13.2x27.2x1x
Price to Earnings Ratio

27.4x


Total Market Cap: UK£28.6bTotal Earnings: UK£1.0bTotal Revenue: UK£30.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Food Industry Price to Earnings3Y Average 19.6x202120222023
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 19.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 28% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market0.38%
Consumer Staples-0.31%
Food0.18%
Packaged Foods and Meats0.25%
Agricultural Products-0.99%
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 25.2x.
    • Analysts are expecting annual earnings growth of 12.5%, which is higher than its past year's earnings growth of 2.8% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 5.6x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is better than its past earnings growth rate of 2.8% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings decline by 3.7% 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£23.850.3%
+UK£40.3m		42.9%PE17.3x
HFG Hilton Food GroupUK£7.242.3%
+UK£14.3m		34.1%PE58.9x
PFD Premier FoodsUK£1.301.3%
+UK£13.9m		23.0%PE11.4x
FIF Finsbury Food GroupUK£1.100.5%
+UK£620.3k		20.9%PE12.7x
RE. R.E.A. HoldingsUK£0.721.1%
+UK£328.7k		-36.5%PS0.2x
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Latest News

FIF

UK£1.10

Finsbury Food Group

7D

0.5%

1Y

20.9%

ABF

UK£23.85

Associated British Foods

7D

0.3%

1Y

42.9%

This Is Why Associated British Foods plc's (LON:ABF) CEO Compensation Looks Appropriate

Dec 01
This Is Why Associated British Foods plc's (LON:ABF) CEO Compensation Looks Appropriate

BMK

UK£0.35

Benchmark Holdings

7D

-3.0%

1Y

-5.4%

GNC

UK£0.96

Greencore Group

7D

-5.2%

1Y

46.9%

CARR

UK£1.02

Carr's Group

7D

-4.0%

1Y

-13.0%

HFG

UK£7.24

Hilton Food Group

7D

2.3%

1Y

34.1%

PFD

UK£1.30

Premier Foods

7D

1.3%

1Y

23.0%

BAKK

UK£0.85

Bakkavor Group

7D

-1.2%

1Y

-6.4%

MHPC

US$3.24

MHP

7D

-3.0%

1Y

-2.7%

TATE

UK£6.24

Tate & Lyle

7D

-0.2%

1Y

-14.6%

RE.

UK£0.72

R.E.A. Holdings

7D

1.1%

1Y

-36.5%

R.E.A. Holdings (LON:RE.) Is Experiencing Growth In Returns On Capital

Nov 03
R.E.A. Holdings (LON:RE.) Is Experiencing Growth In Returns On Capital

WYN

UK£3.73

Wynnstay Group

7D

-13.4%

1Y

-40.9%

MPE

UK£7.46

M.P. Evans Group

7D

-2.4%

1Y

-16.2%