Are Investors Undervaluing Kerry Group plc (ISE:KRZ) By 44%?
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Irish (ISEQ) Food Industry Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies4
- 7D0.6%
- 3M-2.9%
- 1Y10.7%
- YTD11.8%
In the last week, Food has been flat. As for the the longer term, the industry is up 10% over the past 12 months. Earnings are forecast to grow by 9.7% annually.
Industry Valuation and Performance
Has the Irish Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | €19.4b | €14.2b | €990.1m | 12.9x | 19.6x | 1.4x |
| Thu, 28 Nov 2024 | €19.1b | €14.1b | €984.4m | 16.7x | 19.4x | 1.4x |
| Sat, 26 Oct 2024 | €20.6b | €14.0b | €978.2m | 17.5x | 21x | 1.5x |
| Mon, 23 Sep 2024 | €19.6b | €13.9b | €972.5m | 17.7x | 20.2x | 1.4x |
| Wed, 21 Aug 2024 | €19.4b | €14.0b | €973.4m | 17.6x | 20x | 1.4x |
| Fri, 19 Jul 2024 | €18.9b | €15.2b | €1.1b | 17x | 17.3x | 1.2x |
| Sun, 16 Jun 2024 | €18.2b | €15.3b | €1.1b | 16.4x | 16.6x | 1.2x |
| Tue, 14 May 2024 | €18.9b | €15.2b | €1.1b | 16.8x | 17.3x | 1.2x |
| Thu, 11 Apr 2024 | €18.8b | €15.2b | €1.1b | 16.6x | 17.1x | 1.2x |
| Sat, 09 Mar 2024 | €19.1b | €15.1b | €1.1b | 16.9x | 17.5x | 1.3x |
| Mon, 05 Feb 2024 | €18.6b | €16.7b | €1.0b | 18x | 17.9x | 1.1x |
| Wed, 03 Jan 2024 | €18.0b | €16.7b | €1.0b | 17.2x | 17.3x | 1.1x |
| Fri, 01 Dec 2023 | €17.6b | €16.7b | €1.0b | 17.1x | 16.9x | 1.1x |
| Sun, 29 Oct 2023 | €17.0b | €16.8b | €1.0b | 16.1x | 16.2x | 1x |
| Tue, 26 Sep 2023 | €18.9b | €17.0b | €1.1b | 17.8x | 17.6x | 1.1x |
| Thu, 24 Aug 2023 | €19.5b | €16.8b | €1.1b | 18.1x | 18.2x | 1.2x |
| Sat, 22 Jul 2023 | €20.0b | €17.1b | €887.1m | 22.4x | 22.6x | 1.2x |
| Mon, 19 Jun 2023 | €19.9b | €17.1b | €887.1m | 22x | 22.4x | 1.2x |
| Wed, 17 May 2023 | €21.0b | €17.1b | €886.1m | 19x | 23.7x | 1.2x |
| Fri, 14 Apr 2023 | €21.1b | €17.1b | €886.1m | 18.2x | 23.9x | 1.2x |
| Sun, 12 Mar 2023 | €19.9b | €17.1b | €886.1m | 17.4x | 22.5x | 1.2x |
| Tue, 07 Feb 2023 | €19.1b | €15.2b | €1.0b | 15.2x | 18.3x | 1.3x |
| Thu, 05 Jan 2023 | €19.0b | €15.2b | €1.0b | 16.3x | 18.3x | 1.3x |
| Sat, 03 Dec 2022 | €19.5b | €15.2b | €1.0b | 18.4x | 18.7x | 1.3x |
| Mon, 31 Oct 2022 | €19.5b | €15.2b | €1.0b | 18.3x | 18.7x | 1.3x |
| Wed, 28 Sep 2022 | €20.2b | €15.2b | €1.0b | 18.9x | 19.3x | 1.3x |
| Fri, 26 Aug 2022 | €4.0b | €7.0b | €248.2m | 17.9x | 16.2x | 0.6x |
| Sun, 24 Jul 2022 | €3.6b | €6.2b | €189.7m | 22.1x | 19.1x | 0.6x |
| Tue, 21 Jun 2022 | €3.5b | €6.2b | €189.7m | 20.7x | 18.3x | 0.6x |
| Thu, 19 May 2022 | €20.9b | €13.5b | €952.7m | 22.5x | 22x | 1.5x |
| Sat, 16 Apr 2022 | €21.6b | €13.5b | €953.8m | 22.3x | 22.6x | 1.6x |
| Mon, 14 Mar 2022 | €20.6b | €13.5b | €953.8m | 21.9x | 21.6x | 1.5x |
| Wed, 09 Feb 2022 | €23.0b | €12.8b | €777.6m | 24.3x | 29.6x | 1.8x |
| Fri, 07 Jan 2022 | €24.7b | €12.8b | €777.6m | 24.5x | 31.8x | 1.9x |
Price to Earnings Ratio
31.8x
Current Industry PE
- Investors are relatively neutral on the Irish 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 19.9x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 8.3% per year over the last three years.
- Revenues for these companies have grown 3.3% 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 Irish Consumer Staples industry?
| IE Market | 0.52% | |
| Consumer Staples | 0.55% | |
| Food | 0.55% | |
| Packaged Foods and Meats | 0.60% | |
| Agricultural Products | -1.98% | |
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 20.9x.
- Analysts are expecting annual earnings growth of 9.6%, which is higher than its past year's earnings growth of 1.3% per year.
- Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 8.0x.
Forecasted Growth
- Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 14% 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 9.6% 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 | |
|---|---|---|---|---|---|
| KRZ Kerry Group | €92.55 | 0.9% +€143.9m | 17.7% | PE23.7x |