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Ghanaian (GSE) Food Industry Analysis

UpdatedMay 25, 2026
DataAggregated Company Financials
Companies4
  • 7D-0.02%
  • 3M18.5%
  • 1Y197.5%
  • YTD59.1%

Over the last 7 days, the Food industry has dropped 1.4%, driven by a pullback from Fan Milk of 4.2%. Meanwhile, Hords actually outperformed within the industry, gaining 10.0% in the last week. In the past year, the industry has gained 206%. As for the next few years, earnings are expected to grow by 6.7% per annum.

Industry Valuation and Performance

Has the Ghanaian Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 25 May 2026GH₵4.8bGH₵1.7bGH₵6.7m27.6x710.6x2.9x
Wed, 22 Apr 2026GH₵4.8bGH₵1.6bGH₵25.9m37.2x186.8x3x
Fri, 20 Mar 2026GH₵5.2bGH₵1.6bGH₵26.7m41.3x193.8x3.2x
Sun, 15 Feb 2026GH₵3.6bGH₵1.6bGH₵25.6m27.3x139.3x2.2x
Tue, 13 Jan 2026GH₵3.1bGH₵1.5bGH₵27.9m19.6x111.1x2x
Thu, 11 Dec 2025GH₵2.5bGH₵1.3bGH₵151.2m17.5x16.7x1.9x
Sat, 08 Nov 2025GH₵2.4bGH₵1.3bGH₵150.0m16.9x15.9x1.8x
Mon, 06 Oct 2025GH₵2.0bGH₵1.3bGH₵169.5m11.7x11.6x1.5x
Wed, 03 Sep 2025GH₵1.7bGH₵1.3bGH₵170.1m10x10.1x1.4x
Fri, 01 Aug 2025GH₵1.7bGH₵1.2bGH₵160.3m10.9x10.6x1.4x
Sun, 29 Jun 2025GH₵1.7bGH₵1.1bGH₵176.3m9.1x9.5x1.5x
Tue, 27 May 2025GH₵1.6bGH₵1.1bGH₵176.3m8.6x8.9x1.4x
Thu, 24 Apr 2025GH₵1.5bGH₵1.0bGH₵142.3m9.9x10.4x1.4x
Sat, 22 Mar 2025GH₵1.4bGH₵1.0bGH₵147.1m9x9.4x1.3x
Mon, 17 Feb 2025GH₵1.4bGH₵1.0bGH₵147.1m8.9x9.2x1.3x
Wed, 15 Jan 2025GH₵1.3bGH₵952.5mGH₵127.8m9.9x10.2x1.4x
Fri, 13 Dec 2024GH₵1.3bGH₵952.5mGH₵127.8m9.9x10.3x1.4x
Sun, 10 Nov 2024GH₵1.3bGH₵952.5mGH₵127.8m9.9x10.3x1.4x
Tue, 08 Oct 2024GH₵1.3bGH₵888.1mGH₵102.1m12.6x12.7x1.5x
Thu, 05 Sep 2024GH₵1.3bGH₵888.1mGH₵102.1m12.5x12.6x1.5x
Sat, 03 Aug 2024GH₵1.2bGH₵888.1mGH₵102.1m12.1x11.9x1.4x
Mon, 01 Jul 2024GH₵1.2bGH₵887.5mGH₵106.4m13.2x11.4x1.4x
Wed, 29 May 2024GH₵1.1bGH₵882.1mGH₵106.6m12x10.5x1.3x
Fri, 26 Apr 2024GH₵1.2bGH₵1.3b-GH₵25,917,968.0511.4x-44.8x0.9x
Sun, 24 Mar 2024GH₵1.2bGH₵1.3b-GH₵17,667,482.1010.5x-65.8x0.9x
Tue, 20 Feb 2024GH₵1.2bGH₵1.3b-GH₵11,594,665.7110.7x-102.2x0.9x
Thu, 18 Jan 2024GH₵1.2bGH₵1.3b-GH₵10,111,442.0070.5x-117x0.9x
Sat, 16 Dec 2023GH₵1.1bGH₵1.3b-GH₵9,982,329.0070.3x-110.7x0.8x
Mon, 13 Nov 2023GH₵1.1bGH₵1.4b-GH₵21,536,340.0070.2x-51x0.8x
Wed, 11 Oct 2023GH₵1.1bGH₵1.4b-GH₵32,497,186.0070x-32.4x0.8x
Fri, 08 Sep 2023GH₵814.6mGH₵950.6mGH₵122.8m69.8x6.6x0.9x
Sun, 06 Aug 2023GH₵655.4mGH₵921.3mGH₵139.3m69.3x4.7x0.7x
Tue, 04 Jul 2023GH₵659.2mGH₵912.7mGH₵124.9m49x5.3x0.7x
Thu, 01 Jun 2023GH₵656.9mGH₵912.7mGH₵125.1m49x5.2x0.7x
Price to Earnings Ratio

5.2x


Total Market Cap: GH₵656.9mTotal Earnings: GH₵125.1mTotal Revenue: GH₵912.7mTotal Market Cap vs Earnings and Revenue0%0%0%
Ghanaian Food Industry Price to Earnings3Y Average 19.9x202420252026
Current Industry PE
  • Investors are optimistic on the Ghanaian Food industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 498x which is higher than its 3-year average PE of 15.0x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 57% per year over the last three years.
  • Meanwhile revenues for these companies have grown 24% 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 Ghanaian Consumer Staples industry?

GH Market2.36%
Consumer Staples-0.86%
Food-0.024%
Agricultural Products0%0
Packaged Foods and Meats-0.064%
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 11.6x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 6.7% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 6.7% 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
No data available

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