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Hong Kong (HSI) Food Industry Analysis
UpdatedDec 02, 2021
DataAggregated Company Financials
Companies51
- 7D-2.5%
- 3M-7.3%
- 1Y-16.4%
- YTD-22.1%
Over the last 7 days, the Food industry has dropped 2.5%, driven by declines in China Feihe and WH Group of 5.4% and 6.7%, respectively. Meanwhile, Want Want China Holdings actually outperformed within the industry, gaining 5.6% in the last week. However, the industry is down 16% over the past year.
Industry Valuation and Performance
Has the Hong Kong Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 04 Dec 2021 | HK$802.0b | HK$772.5b | HK$57.8b | 8.7x |
| Mon, 01 Nov 2021 | HK$865.0b | HK$767.5b | HK$60.2b | 9.2x |
| Wed, 29 Sep 2021 | HK$850.7b | HK$764.7b | HK$59.7b | 9.5x |
| Fri, 27 Aug 2021 | HK$856.8b | HK$765.3b | HK$59.0b | 9.6x |
| Sat, 03 Jul 2021 | HK$974.2b | HK$765.3b | HK$59.0b | 11.4x |
| Tue, 06 Apr 2021 | HK$1.0t | HK$723.8b | HK$55.9b | 12x |
| Fri, 08 Jan 2021 | HK$998.7b | HK$700.6b | HK$53.9b | 13.2x |
| Thu, 01 Oct 2020 | HK$948.2b | HK$711.7b | HK$51.7b | 11.7x |
| Sun, 05 Jul 2020 | HK$847.0b | HK$679.8b | HK$47.3b | 11.8x |
| Wed, 08 Apr 2020 | HK$789.6b | HK$666.2b | HK$44.6b | 10.8x |
| Tue, 31 Dec 2019 | HK$819.2b | HK$633.7b | HK$42.0b | 14.5x |
| Fri, 04 Oct 2019 | HK$679.6b | HK$624.8b | HK$32.4b | 15.7x |
| Mon, 08 Jul 2019 | HK$738.1b | HK$639.0b | HK$25.5b | 17.8x |
| Sun, 31 Mar 2019 | HK$741.8b | HK$643.6b | HK$25.1b | 18.2x |
| Wed, 02 Jan 2019 | HK$611.3b | HK$625.3b | HK$22.7b | 16x |
PE Ratio
16x
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 13.7x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Food industry have grown 37% per year over the last three years, and revenues for these companies have grown 7.3% 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 Hong Kong Food industry?
| Agricultural Products | -1.57% | |
| Packaged Foods and Meats | -2.57% | |
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 15.9x. This is likely because analysts are expecting annual earnings growth of 16%, which is higher than its past year's earnings growth of 11% per year. Meanwhile, investors are most pessimistic about the Agricultural Products industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 5.5x.
Forecasted Growth: Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 45% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Packaged Foods and Meats industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| 151 Want Want China Holdings | 5.6%+HK$4.3b | 22.4% | PE15.4x | |
| 3799 Dali Foods Group | 5.4%+HK$3.0b | -13.4% | PE12x | |
| 322 Tingyi (Cayman Islands) Holding | 2.0%+HK$1.7b | 14.5% | PE19.4x | |
| 220 Uni-President China Holdings | 2.9%+HK$950.3m | 6.8% | PE19.6x | |
| 1117 China Modern Dairy Holdings | -3.7%HK$685.7m | -16.2% | PE8x |
