We Think Bio Meat Foodtech - Limited Partnership (TLV:BIMT) Can Afford To Drive Business Growth
Jul 25
Israeli (TA) Packaged Foods and Meats Industry Analysis
UpdatedJul 25, 2024
DataAggregated Company Financials
Companies10
- 7D-0.1%
- 3M-13.1%
- 1Y-25.9%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has remained flat, although notably Zanlakol gained 4.4%. As for the longer term, the industry has declined 23% in the last year.
Industry Valuation and Performance
Has the Israeli Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|
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Current Industry PE
- Investors are pessimistic on the Israeli Packaged Foods and Meats industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.6x which is lower than its 3-year average PE of 19.7x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have declined 7.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.4% 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 Comparison
How does Israeli Packaged Foods and Meats compare with similar industries?
| IL Market | 1.23% | |
| Consumer Staples | 0.77% | |
| Food | 0.034% | |
| Packaged Foods and Meats | -0.11% | |
| Agricultural Products | 2.75% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ZNKL Zanlakol | ₪35.00 | 6.0% +₪27.8m | 84.6% | PE6.9x | |
| GSFI Gan Shmuel Foods | ₪29.49 | 3.3% +₪14.0m | 123.9% | PE4.7x | |
| BIMT Bio Meat Foodtech - Limited Partnership | ₪0.31 | 17.7% +₪11.8m | -57.4% | PB2.1x | |
| NTML Neto Malinda Trading | ₪59.98 | 0.8% +₪8.9m | 0.5% | PE12.4x | |
| SMNR Shemen Yielding Real Estate | ₪17.47 | 1.0% +₪6.4m | -17.8% | PE31.2x |
