Shareholders Will Probably Hold Off On Increasing Budweiser Brewing Company APAC Limited's (HKG:1876) CEO Compensation For The Time Being
May 07
Hong Kong (HSI) Consumer Staples Sector Analysis
UpdatedMay 07, 2024
DataAggregated Company Financials
Companies125
- 7D3.6%
- 3M9.1%
- 1Y-21.4%
- YTD0.3%
In the last week, the Consumer Staples industry is up 3.6%, with JD Health International leading the way with a 7.9% gain. However, the industry is down 21% over the past year. Earnings are forecast to grow by 16% annually.
Sector Valuation and Performance
Has the Hong Kong Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | HK$1.9t | HK$1.3t | HK$73.5b | 13x | 26.2x | 1.4x |
| Fri, 05 Apr 2024 | HK$1.8t | HK$1.3t | HK$73.3b | 13.3x | 25x | 1.4x |
| Sun, 03 Mar 2024 | HK$1.8t | HK$1.3t | HK$73.5b | 13.6x | 24.3x | 1.3x |
| Tue, 30 Jan 2024 | HK$1.8t | HK$1.4t | HK$73.5b | 13.4x | 24.4x | 1.3x |
| Thu, 28 Dec 2023 | HK$1.9t | HK$1.4t | HK$73.7b | 14x | 26.1x | 1.4x |
| Sat, 25 Nov 2023 | HK$2.0t | HK$1.4t | HK$72.0b | 15.3x | 27.9x | 1.5x |
| Mon, 23 Oct 2023 | HK$1.9t | HK$1.3t | HK$71.3b | 16.5x | 26.8x | 1.4x |
| Wed, 20 Sep 2023 | HK$2.0t | HK$1.3t | HK$71.4b | 16.9x | 28.7x | 1.5x |
| Fri, 18 Aug 2023 | HK$2.1t | HK$1.3t | HK$69.0b | 17.4x | 30.4x | 1.6x |
| Sun, 16 Jul 2023 | HK$2.2t | HK$1.3t | HK$71.8b | 17.5x | 30.6x | 1.6x |
| Tue, 13 Jun 2023 | HK$2.2t | HK$1.3t | HK$73.6b | 16.8x | 30.3x | 1.7x |
| Thu, 11 May 2023 | HK$2.3t | HK$1.4t | HK$73.5b | 17.7x | 31.5x | 1.7x |
| Sat, 08 Apr 2023 | HK$2.5t | HK$1.4t | HK$72.7b | 17.3x | 34.5x | 1.8x |
| Mon, 06 Mar 2023 | HK$2.2t | HK$1.2t | HK$80.5b | 13.5x | 26.9x | 1.8x |
| Wed, 01 Feb 2023 | HK$2.2t | HK$1.2t | HK$83.0b | 13.6x | 26.5x | 1.8x |
| Fri, 30 Dec 2022 | HK$2.2t | HK$1.2t | HK$81.0b | 13.5x | 26.9x | 1.8x |
| Sun, 27 Nov 2022 | HK$1.9t | HK$1.2t | HK$79.3b | 13x | 23.6x | 1.6x |
| Tue, 25 Oct 2022 | HK$1.7t | HK$1.2t | HK$78.4b | 12.9x | 22.1x | 1.5x |
| Thu, 22 Sep 2022 | HK$2.0t | HK$1.2t | HK$79.1b | 14x | 25.1x | 1.7x |
| Sat, 20 Aug 2022 | HK$2.1t | HK$1.2t | HK$85.6b | 12x | 24.3x | 1.8x |
| Mon, 18 Jul 2022 | HK$2.1t | HK$1.2t | HK$85.9b | 12.7x | 24.8x | 1.8x |
| Wed, 15 Jun 2022 | HK$2.0t | HK$1.2t | HK$85.6b | 12.4x | 23.6x | 1.7x |
| Fri, 13 May 2022 | HK$2.0t | HK$1.2t | HK$89.3b | 12.7x | 21.9x | 1.6x |
| Sun, 10 Apr 2022 | HK$2.0t | HK$1.2t | HK$92.5b | 12.5x | 21.6x | 1.6x |
| Tue, 08 Mar 2022 | HK$2.2t | HK$1.2t | HK$98.4b | 11.5x | 22.6x | 1.8x |
| Thu, 03 Feb 2022 | HK$2.4t | HK$1.2t | HK$96.9b | 12x | 24.5x | 1.9x |
| Sat, 01 Jan 2022 | HK$2.5t | HK$1.2t | HK$97.2b | 11.4x | 25.4x | 2x |
| Mon, 29 Nov 2021 | HK$2.5t | HK$1.2t | HK$96.4b | 11.5x | 25.6x | 2x |
| Wed, 27 Oct 2021 | HK$2.3t | HK$1.2t | HK$99.7b | 12.9x | 23.5x | 1.9x |
| Fri, 24 Sep 2021 | HK$2.2t | HK$1.2t | HK$99.0b | 12.3x | 22.7x | 1.8x |
| Sun, 22 Aug 2021 | HK$2.3t | HK$1.2t | HK$98.2b | 11.9x | 23.4x | 1.9x |
| Fri, 09 Jul 2021 | HK$2.7t | HK$1.2t | HK$98.2b | 13.1x | 27.2x | 2.2x |
Price to Earnings Ratio
32.9x
Current Industry PE
- Investors are relatively neutral on the Hong Kong Consumer Staples 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 26.2x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have declined 5.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 4.3% 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 Hong Kong Consumer Staples sector?
| HK Market | 2.44% | |
| Consumer Staples | 3.61% | |
| Personal Products | 7.85% | |
| Food and Staples Retail | 6.35% | |
| Tobacco | 5.81% | |
| Food | 2.83% | |
| Beverage | 2.69% | |
| Household Products | -3.01% | |
Industry PE
- Investors are most optimistic about the Food and Staples Retail industry even though it's trading below its 3-year average PE ratio of 2kx.
- Analysts are expecting annual earnings growth of 27.7%, which is higher than its past year's earnings growth of 3.1% per year.
- Investors are most pessimistic about the Household Products industry, which is trading below its 3-year average of 30.2x.
Forecasted Growth
- Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 3.1% per year.
- In contrast, the Beverage industry is expected to see its earnings grow by 11% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6618 JD Health International | HK$29.30 | 7.9% +HK$6.9b | -45.6% | PE40.3x | |
| 291 China Resources Beer (Holdings) | HK$37.90 | 5.3% +HK$6.2b | -31.2% | PE22x | |
| 1876 Budweiser Brewing Company APAC | HK$11.44 | 4.0% +HK$5.8b | -47.6% | PE22.6x | |
| 168 Tsingtao Brewery | HK$61.00 | 7.5% +HK$5.8b | -20.2% | PE17.4x | |
| 2367 Giant Biogene Holding | HK$52.65 | 9.8% +HK$4.6b | 69.3% | PE32.7x |
