Narrative Update • Jun 01

Over the last 7 days, the Food industry has dropped 1.9%, driven by a pullback from Greencore Group of 8.6%. However, the industry is down 4.8% over the past year. Looking forward, earnings are forecast to grow by 11% annually.
Has the U.K. Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 05 Jun 2026 | UK£25.5b | UK£39.6b | UK£1.8b | 16.5x | 14.6x | 0.6x |
| Sun, 03 May 2026 | UK£25.5b | UK£36.8b | UK£1.7b | 14.9x | 14.8x | 0.7x |
| Tue, 31 Mar 2026 | UK£24.9b | UK£36.8b | UK£1.8b | 12.7x | 13.8x | 0.7x |
| Thu, 26 Feb 2026 | UK£26.6b | UK£36.7b | UK£1.8b | 13.5x | 14.7x | 0.7x |
| Sat, 24 Jan 2026 | UK£25.6b | UK£36.7b | UK£1.8b | 13x | 14.2x | 0.7x |
| Mon, 22 Dec 2025 | UK£27.5b | UK£39.1b | UK£1.8b | 16.6x | 14.9x | 0.7x |
| Wed, 19 Nov 2025 | UK£26.7b | UK£38.6b | UK£1.8b | 14.5x | 15x | 0.7x |
| Fri, 17 Oct 2025 | UK£26.9b | UK£38.8b | UK£2.1b | 15.3x | 13x | 0.7x |
| Sun, 14 Sep 2025 | UK£25.8b | UK£38.7b | UK£2.1b | 15.3x | 12.5x | 0.7x |
| Tue, 12 Aug 2025 | UK£28.4b | UK£38.5b | UK£2.0b | 19.4x | 14.2x | 0.7x |
| Thu, 10 Jul 2025 | UK£26.5b | UK£38.5b | UK£2.0b | 18.3x | 13.3x | 0.7x |
| Sat, 07 Jun 2025 | UK£26.9b | UK£38.8b | UK£2.1b | 18x | 12.6x | 0.7x |
| Mon, 05 May 2025 | UK£26.5b | UK£38.4b | UK£2.2b | 15.9x | 12.1x | 0.7x |
| Wed, 02 Apr 2025 | UK£25.0b | UK£38.2b | UK£2.2b | 14.8x | 11.6x | 0.7x |
| Fri, 28 Feb 2025 | UK£24.9b | UK£38.2b | UK£2.2b | 14.6x | 11.5x | 0.7x |
| Sun, 26 Jan 2025 | UK£25.2b | UK£38.2b | UK£2.2b | 12.4x | 11.7x | 0.7x |
| Tue, 24 Dec 2024 | UK£26.7b | UK£38.2b | UK£2.2b | 13x | 12.4x | 0.7x |
| Thu, 21 Nov 2024 | UK£27.7b | UK£38.3b | UK£2.1b | 12x | 12.9x | 0.7x |
| Sat, 19 Oct 2024 | UK£29.4b | UK£38.2b | UK£1.9b | 14.7x | 15.5x | 0.8x |
| Mon, 16 Sep 2024 | UK£27.3b | UK£38.1b | UK£1.9b | 13.9x | 14.5x | 0.7x |
| Wed, 14 Aug 2024 | UK£30.8b | UK£41.7b | UK£2.3b | 13.6x | 13.6x | 0.7x |
| Fri, 12 Jul 2024 | UK£30.8b | UK£41.8b | UK£2.3b | 13.6x | 13.1x | 0.7x |
| Sun, 09 Jun 2024 | UK£31.7b | UK£41.8b | UK£2.3b | 15.1x | 13.5x | 0.8x |
| Tue, 07 May 2024 | UK£31.9b | UK£41.5b | UK£2.4b | 14.6x | 13.2x | 0.8x |
| Thu, 04 Apr 2024 | UK£28.2b | UK£38.3b | UK£1.8b | 16.3x | 15.8x | 0.7x |
| Sat, 02 Mar 2024 | UK£26.4b | UK£38.3b | UK£1.7b | 16.3x | 15.4x | 0.7x |
| Mon, 29 Jan 2024 | UK£29.6b | UK£41.9b | UK£2.2b | 15.9x | 13.4x | 0.7x |
| Wed, 27 Dec 2023 | UK£29.3b | UK£41.8b | UK£2.2b | 16x | 13.3x | 0.7x |
| Fri, 24 Nov 2023 | UK£29.2b | UK£41.9b | UK£2.2b | 16.9x | 13.2x | 0.7x |
| Sun, 22 Oct 2023 | UK£24.8b | UK£40.2b | UK£1.4b | 19.4x | 18.2x | 0.6x |
| Tue, 19 Sep 2023 | UK£26.3b | UK£40.0b | UK£1.4b | 17.2x | 19.1x | 0.7x |
| Thu, 17 Aug 2023 | UK£25.8b | UK£39.9b | UK£1.4b | 13.9x | 18.4x | 0.6x |
| Sat, 15 Jul 2023 | UK£26.2b | UK£40.6b | UK£1.3b | 14.4x | 20.5x | 0.6x |
| Mon, 12 Jun 2023 | UK£25.0b | UK£40.6b | UK£1.3b | 15x | 19.4x | 0.6x |
19.4x
Which industries have driven the changes within the U.K. Consumer Staples industry?
| GB Market | -0.63% | |
| Consumer Staples | -4.42% | |
| Food | 0.33% | |
| Packaged Foods and Meats | 0.79% | |
| Agricultural Products | -5.46% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ABF Associated British Foods | UK£18.74 | 3.1% +UK£395.4m | -9.3% | PE13.8x | |
| TATE Tate & Lyle | UK£5.05 | 2.6% +UK£60.5m | -8.3% | PE23x | |
| PRN Princes Group | UK£3.08 | 1.0% +UK£7.3m | n/a | PE21.1x | |
| FVA Fevara | UK£1.36 | 1.7% +UK£1.2m | -12.7% | PE46.1x | |
| RE. R.E.A. Holdings | UK£1.12 | 1.8% +UK£876.6k | 40.0% | PS0.3x |