Israeli (TA) Food Industry Analysis

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
Wed, 24 Apr 2024	₪11.5b	₪18.8b	₪586.1m	12.9x	19.7x	0.6x
Fri, 22 Mar 2024	₪11.8b	₪18.4b	₪361.5m	23.5x	32.6x	0.6x
Sun, 18 Feb 2024	₪11.8b	₪18.4b	₪389.8m	15.5x	30.2x	0.6x
Tue, 16 Jan 2024	₪12.6b	₪18.6b	₪379.6m	16.4x	33.1x	0.7x
Thu, 14 Dec 2023	₪11.4b	₪18.5b	₪524.4m	15.8x	21.7x	0.6x
Sat, 11 Nov 2023	₪11.8b	₪18.2b	₪447.1m	13.6x	26.3x	0.6x
Mon, 09 Oct 2023	₪12.3b	₪18.2b	₪447.1m	16.4x	27.5x	0.7x
Wed, 06 Sep 2023	₪13.5b	₪18.2b	₪447.1m	16.7x	30.3x	0.7x
Fri, 04 Aug 2023	₪13.7b	₪18.0b	₪641.0m	9x	21.4x	0.8x
Sun, 02 Jul 2023	₪13.2b	₪18.0b	₪640.9m	9.2x	20.6x	0.7x
Tue, 30 May 2023	₪12.8b	₪17.7b	₪426.6m	9.7x	30.1x	0.7x
Thu, 27 Apr 2023	₪12.4b	₪17.4b	₪435.4m	9.5x	28.5x	0.7x
Sat, 25 Mar 2023	₪13.4b	₪17.3b	₪463.4m	10.9x	28.8x	0.8x
Mon, 20 Feb 2023	₪13.7b	₪17.0b	₪816.7m	8.1x	16.8x	0.8x
Wed, 18 Jan 2023	₪14.5b	₪17.0b	₪817.2m	9.1x	17.8x	0.9x
Fri, 16 Dec 2022	₪14.1b	₪17.0b	₪816.2m	6.2x	17.3x	0.8x
Sun, 13 Nov 2022	₪15.1b	₪16.5b	₪976.0m	6x	15.5x	0.9x
Tue, 11 Oct 2022	₪14.1b	₪16.5b	₪975.6m	6.1x	14.5x	0.9x
Thu, 08 Sep 2022	₪14.9b	₪16.5b	₪770.0m	13.2x	19.3x	0.9x
Sat, 06 Aug 2022	₪15.3b	₪16.0b	₪821.8m	12.5x	18.6x	1x
Mon, 04 Jul 2022	₪15.4b	₪16.0b	₪822.7m	12.2x	18.7x	1x
Wed, 01 Jun 2022	₪15.7b	₪15.8b	₪804.8m	13.8x	19.5x	1x
Fri, 29 Apr 2022	₪16.9b	₪15.6b	₪1.0b	14.8x	16.7x	1.1x
Sun, 27 Mar 2022	₪17.3b	₪15.6b	₪940.8m	17.9x	18.3x	1.1x
Tue, 22 Feb 2022	₪17.6b	₪15.5b	₪813.7m	19.4x	21.6x	1.1x
Thu, 20 Jan 2022	₪16.9b	₪15.5b	₪813.6m	18.8x	20.8x	1.1x
Sat, 18 Dec 2021	₪15.6b	₪15.5b	₪813.6m	18.5x	19.1x	1x
Mon, 15 Nov 2021	₪15.2b	₪14.7b	₪787.2m	18.7x	19.3x	1x
Wed, 13 Oct 2021	₪14.5b	₪14.7b	₪787.3m	18x	18.4x	1x
Fri, 10 Sep 2021	₪14.3b	₪14.7b	₪779.9m	15x	18.4x	1x
Sun, 08 Aug 2021	₪13.5b	₪14.6b	₪825.7m	15.4x	16.4x	0.9x
Sat, 01 May 2021	₪14.6b	₪14.8b	₪824.6m	17.3x	17.7x	1x

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 21.0x.

The industry is trading close to its 3-year average PS ratio of 0.86x.

Past Earnings Growth

The earnings for companies in the Food industry have declined 11% per year over the last three years.
Meanwhile revenues for these companies have grown 8.3% 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 Israeli Consumer Staples industry?


IL Market	1.58%
Consumer Staples	1.32%
Food	3.11%
Packaged Foods and Meats	3.27%
Agricultural Products	-0.48%

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 19.8x.

Analysts are expecting annual earnings decline of 80.4%, which is worse than the prior year's decline of 21.2%.

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 80% 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 21% per year.

In contrast, the Packaged Foods and Meats industry is expected to see its earnings decline by 80% 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
STRS Strauss Group	₪67.80	3.8% +₪291.5m	-13.3%	PE16.2x
NTML Neto Malinda Trading	₪57.54	3.0% +₪33.2m	-9.1%	PE12.9x
GSFI Gan Shmuel Foods	₪24.67	5.1% +₪18.0m	110.1%	PE6.6x
SMNR Shemen Yielding Real Estate	₪19.78	1.5% +₪11.2m	-4.0%	PE37.3x
NTO Neto M.E Holdings	₪67.52	3.7% +₪8.7m	-11.9%	PE5.6x