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Israeli (TA) Food Industry Analysis
UpdatedDec 02, 2023
DataAggregated Company Financials
Companies12
- 7D-2.5%
- 3M-14.5%
- 1Y-21.8%
- YTD-24.3%
Over the last 7 days, the Food industry has dropped 2.5%, driven by Strauss Group declining 3.8%. Meanwhile, Zanlakol actually outperformed within the industry, gaining 13% in the last week. The industry has fallen 22% in the last year. As for the next few years, earnings are forecast to decline by 63% per annum.
Industry Valuation and Performance
Has the Israeli Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 02 Dec 2023 | ₪11.4b | ₪18.5b | ₪524.4m | 13.9x | 21.8x | 0.6x |
| Mon, 30 Oct 2023 | ₪11.7b | ₪18.3b | ₪447.2m | 17x | 26.1x | 0.6x |
| Wed, 27 Sep 2023 | ₪13.0b | ₪18.2b | ₪447.1m | 16.9x | 29.1x | 0.7x |
| Fri, 25 Aug 2023 | ₪13.6b | ₪18.3b | ₪732.6m | 12.2x | 18.6x | 0.7x |
| Sun, 23 Jul 2023 | ₪13.8b | ₪18.0b | ₪641.3m | 9.5x | 21.5x | 0.8x |
| Tue, 20 Jun 2023 | ₪13.9b | ₪17.9b | ₪641.9m | 9.3x | 21.6x | 0.8x |
| Thu, 18 May 2023 | ₪13.4b | ₪17.4b | ₪435.3m | 9.6x | 30.7x | 0.8x |
| Sat, 15 Apr 2023 | ₪12.5b | ₪17.4b | ₪427.4m | 9.6x | 29.3x | 0.7x |
| Mon, 13 Mar 2023 | ₪13.5b | ₪17.0b | ₪816.5m | 7.9x | 16.5x | 0.8x |
| Wed, 08 Feb 2023 | ₪14.0b | ₪17.0b | ₪816.9m | 8.5x | 17.2x | 0.8x |
| Fri, 06 Jan 2023 | ₪14.3b | ₪17.0b | ₪816.7m | 7.8x | 17.6x | 0.8x |
| Sun, 04 Dec 2022 | ₪14.4b | ₪17.1b | ₪817.6m | 6.9x | 17.6x | 0.8x |
| Tue, 01 Nov 2022 | ₪14.9b | ₪16.5b | ₪975.6m | 6.1x | 15.2x | 0.9x |
| Thu, 29 Sep 2022 | ₪14.2b | ₪16.5b | ₪975.7m | 6.4x | 14.6x | 0.9x |
| Sat, 27 Aug 2022 | ₪15.7b | ₪15.9b | ₪743.4m | 13.5x | 21.1x | 1x |
| Mon, 25 Jul 2022 | ₪15.9b | ₪16.0b | ₪822.2m | 12.4x | 19.4x | 1x |
| Wed, 22 Jun 2022 | ₪14.9b | ₪16.0b | ₪822.3m | 11.9x | 18.1x | 0.9x |
| Fri, 20 May 2022 | ₪15.8b | ₪15.6b | ₪1.0b | 13.5x | 15.6x | 1x |
| Sun, 17 Apr 2022 | ₪17.4b | ₪15.6b | ₪1.1b | 16.2x | 16.5x | 1.1x |
| Tue, 15 Mar 2022 | ₪16.9b | ₪15.5b | ₪813.8m | 19.4x | 20.8x | 1.1x |
| Thu, 10 Feb 2022 | ₪17.5b | ₪15.5b | ₪813.7m | 19.3x | 21.5x | 1.1x |
| Sat, 08 Jan 2022 | ₪16.3b | ₪15.5b | ₪813.6m | 18.5x | 20.1x | 1.1x |
| Mon, 06 Dec 2021 | ₪15.5b | ₪15.5b | ₪823.8m | 18.5x | 18.8x | 1x |
| Wed, 03 Nov 2021 | ₪15.1b | ₪14.7b | ₪787.2m | 19.2x | 19.2x | 1x |
| Fri, 01 Oct 2021 | ₪14.6b | ₪14.7b | ₪787.3m | 16.8x | 18.6x | 1x |
| Sun, 29 Aug 2021 | ₪14.3b | ₪14.6b | ₪825.7m | 14.8x | 17.4x | 1x |
| Mon, 05 Jul 2021 | ₪14.0b | ₪14.6b | ₪825.7m | 15.9x | 17x | 1x |
| Thu, 08 Apr 2021 | ₪14.0b | ₪14.8b | ₪824.6m | 17.3x | 17x | 0.9x |
| Sun, 10 Jan 2021 | ₪14.5b | ₪15.3b | ₪747.2m | 19.4x | 19.4x | 0.9x |
Price to Earnings Ratio
18.2x
Current Industry PE
- Investors are relatively neutral on the Israeli 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 19.8x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 15% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.0% 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 Israeli Consumer Staples industry?
| IL Market | -1.16% | |
| Consumer Staples | -2.33% | |
| Food | -2.47% | |
| Agricultural Products | -0.55% | |
| Packaged Foods and Meats | -2.55% | |
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 19.6x.
- Analysts are expecting annual earnings decline of 62.8%, which is worse than the prior year's decline of 27.5%.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Packaged Foods and Meats industry since they expect its earnings to decline by only 63% per year over the next 5 years, which isn't as bad as the other industries.
- This is even lower than its past earnings decline of 28% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings decline by 63% 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 | |
|---|---|---|---|---|---|
| ZNKL Zanlakol | ₪23.23 | 13.3% +₪38.7m | 15.3% | PE5x | |
| NTML Neto Malinda Trading | ₪38.97 | 2.7% +₪20.2m | -62.9% | PE10.4x | |
| NTO Neto M.E Holdings | ₪53.46 | 7.4% +₪13.2m | -58.9% | PE5.1x | |
| GSFI Gan Shmuel Foods | ₪14.81 | 2.1% +₪4.7m | 6.5% | PE105.1x | |
| BHNY Bee-io Honey | ₪1.05 | 2.5% +₪479.3k | -66.5% | PB3.5x |