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U.K. (FTSE) Food Industry Analysis

UpdatedMar 02, 2026
DataAggregated Company Financials
Companies18
  • 7D0.4%
  • 3M-0.5%
  • 1Y5.7%
  • YTD-0.2%

In the last week, Food has been flat. The past year has been better, since the industry has gained 5.7% in that time. Looking forward, earnings are forecast to grow by 9.8% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Mar 2026UK£26.6bUK£36.7bUK£1.8b13.6x14.8x0.7x
Fri, 30 Jan 2026UK£25.9bUK£36.7bUK£1.8b13x14.4x0.7x
Sun, 28 Dec 2025UK£27.2bUK£39.1bUK£1.8b16.2x14.8x0.7x
Tue, 25 Nov 2025UK£26.6bUK£38.7bUK£1.8b14.5x14.9x0.7x
Thu, 23 Oct 2025UK£27.4bUK£38.8bUK£2.1b15.8x13.2x0.7x
Sat, 20 Sep 2025UK£25.8bUK£38.7bUK£2.1b15.1x12.4x0.7x
Mon, 18 Aug 2025UK£28.4bUK£38.5bUK£2.0b19.2x14.1x0.7x
Wed, 16 Jul 2025UK£27.1bUK£38.5bUK£2.0b18.3x13.6x0.7x
Fri, 13 Jun 2025UK£26.8bUK£38.8bUK£2.1b18.6x12.5x0.7x
Sun, 11 May 2025UK£27.2bUK£38.4bUK£2.2b16.4x12.4x0.7x
Tue, 08 Apr 2025UK£24.1bUK£38.2bUK£2.2b14.2x11.1x0.6x
Thu, 06 Mar 2025UK£24.5bUK£38.2bUK£2.1b14.9x11.4x0.6x
Sat, 01 Feb 2025UK£25.5bUK£38.2bUK£2.2b12.1x11.8x0.7x
Mon, 30 Dec 2024UK£26.5bUK£38.2bUK£2.2b13.1x12.3x0.7x
Wed, 27 Nov 2024UK£28.1bUK£38.3bUK£2.2b12.2x12.9x0.7x
Fri, 25 Oct 2024UK£29.0bUK£38.2bUK£1.9b14.5x15.3x0.8x
Sun, 22 Sep 2024UK£27.5bUK£38.2bUK£1.9b14x14.5x0.7x
Tue, 20 Aug 2024UK£29.2bUK£38.3bUK£1.9b14.1x15.6x0.8x
Thu, 18 Jul 2024UK£31.0bUK£41.7bUK£2.3b13.7x13.2x0.7x
Sat, 15 Jun 2024UK£31.0bUK£41.8bUK£2.3b14.6x13.2x0.7x
Mon, 13 May 2024UK£32.3bUK£41.4bUK£2.4b15.1x13.5x0.8x
Wed, 10 Apr 2024UK£28.0bUK£38.3bUK£1.8b17x15.7x0.7x
Fri, 08 Mar 2024UK£26.4bUK£38.3bUK£1.8b13.7x15.1x0.7x
Sun, 04 Feb 2024UK£28.5bUK£41.8bUK£2.2b15.2x12.9x0.7x
Tue, 02 Jan 2024UK£29.2bUK£41.9bUK£2.2b15.7x13.2x0.7x
Thu, 30 Nov 2023UK£29.3bUK£41.9bUK£2.2b15.4x13.2x0.7x
Sat, 28 Oct 2023UK£24.8bUK£40.2bUK£1.4b19.2x18.2x0.6x
Mon, 25 Sep 2023UK£26.4bUK£40.0bUK£1.4b18.4x19.4x0.7x
Wed, 23 Aug 2023UK£25.1bUK£39.9bUK£1.4b13.4x17.9x0.6x
Fri, 21 Jul 2023UK£26.5bUK£40.1bUK£1.3b14.1x20.2x0.7x
Sun, 18 Jun 2023UK£25.5bUK£40.5bUK£1.3b14.9x19.8x0.6x
Tue, 16 May 2023UK£25.7bUK£39.7bUK£1.1b14x24x0.6x
Thu, 13 Apr 2023UK£25.9bUK£38.0bUK£1.0b14.1x24.7x0.7x
Sat, 11 Mar 2023UK£26.4bUK£38.3bUK£1.1b13.3x24.2x0.7x
Price to Earnings Ratio

24.2x


Total Market Cap: UK£26.4bTotal Earnings: UK£1.1bTotal Revenue: UK£38.3bTotal Market Cap vs Earnings and Revenue0%0%0%
U.K. Food Industry Price to Earnings3Y Average 15.2x202420252026
Current Industry PE
  • Investors are relatively neutral on the British Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 15.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 18% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

GB Market1.95%
Consumer Staples-0.99%
Food0.38%
Packaged Foods and Meats0.49%
Agricultural Products-1.29%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 16.8x.
    • Analysts are expecting annual earnings growth of 10.7%, which is lower than the prior year's growth of 22.6% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 11% over the next 5 years.
  • However this is lower than its past earnings growth rate of 23% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings decline 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?

CompanyLast Price7D1YValuation
CAM CamelliaUK£51.001.1%
+UK£1.4m		11.8%PS0.5x

Latest News

TATE
UK£3.53
Tate & Lyle
7D
-12.9%
1Y
-33.0%

TATE: Reduced Fair Value Will Support Bullish Case For Future Upside

The analyst price target for Tate & Lyle has been reduced by £0.40 to £5.00, as analysts incorporate updated assumptions on growth, profitability and valuation multiples while still seeing potential upside in the shares. Analyst Commentary Bullish analysts have trimmed their price targets slightly, with the latest move taking the target to £5.00 from £5.40, but they continue to see room for upside from current levels.
ABF
UK£19.06
Associated British Foods
7D
-2.8%
1Y
2.9%

ABF: Weaker Demand And Pricing Reset Will Shape Future Share Performance

The analyst price target for Associated British Foods has been reduced to £19.54 from £22.39, reflecting a lower fair value estimate. Analysts are accounting for softer revenue growth, thinner profit margins, a slightly higher discount rate and recent sector research that points to weaker demand at Primark and lower sugar pricing.
HFG
UK£5.00
Hilton Food Group
7D
-5.3%
1Y
-40.8%
PFD
UK£1.91
Premier Foods
7D
-4.1%
1Y
5.2%
GNC
UK£2.56
Greencore Group
7D
-5.7%
1Y
32.8%

GNC: Fair Outlook Will Balance New Partnership With Earnings Execution Risk

Analysts have lifted their price target on Greencore Group from £2.69 to £2.93, citing updated assumptions around revenue growth expectations, margin outlook, and a lower future P/E multiple supported by recent bullish Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the lifted price target to £2.93 as consistent with their updated assumptions on revenue growth and margin potential, suggesting the current valuation still leaves room for execution to support the higher target.
CWK
UK£52.40
Cranswick
7D
-3.5%
1Y
5.9%

Do Cranswick's (LON:CWK) Earnings Warrant Your Attention?

Feb 13
Do Cranswick's (LON:CWK) Earnings Warrant Your Attention?
MHPC
US$7.96
MHP
7D
-5.7%
1Y
31.4%

MHP SE's (LON:MHPC) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Jan 29
MHP SE's (LON:MHPC) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
CAM
UK£51.00
Camellia
7D
1.1%
1Y
11.8%
PRN
UK£4.15
Princes Group
7D
-3.6%
1Y
n/a