Italian (Borsa Italiana) Food Industry Analysis

Industry Valuation and Performance

Has the Italian Food Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 21 Oct 2024	€1.8b	€2.6b	€37.1m	13.5x	48.4x	0.7x
Wed, 18 Sep 2024	€1.8b	€2.6b	€26.5m	14.5x	67.3x	0.7x
Fri, 16 Aug 2024	€1.8b	€2.6b	€25.3m	14.3x	69.9x	0.7x
Sun, 14 Jul 2024	€1.8b	€2.6b	€25.3m	15.3x	70.2x	0.7x
Tue, 11 Jun 2024	€1.5b	€2.6b	€26.0m	13.5x	59.4x	0.6x
Thu, 09 May 2024	€1.4b	€2.6b	€26.9m	13.7x	51.7x	0.5x
Sat, 06 Apr 2024	€1.3b	€2.6b	€33.1m	15.3x	40.6x	0.5x
Mon, 04 Mar 2024	€1.4b	€2.6b	€39.7m	13.7x	35.1x	0.5x
Wed, 31 Jan 2024	€1.5b	€2.6b	€39.7m	15.6x	38x	0.6x
Fri, 29 Dec 2023	€1.5b	€2.6b	€39.7m	15x	38.7x	0.6x
Sun, 26 Nov 2023	€1.2b	€2.6b	€39.7m	13x	29.4x	0.4x
Tue, 24 Oct 2023	€1.0b	€2.6b	€31.7m	22.7x	32.4x	0.4x
Thu, 21 Sep 2023	€1.1b	€2.6b	€31.8m	23.2x	33.5x	0.4x
Sat, 19 Aug 2023	€1.1b	€2.3b	€23.4m	78.6x	45.1x	0.5x
Mon, 17 Jul 2023	€1.1b	€2.3b	€23.4m	83.5x	47.8x	0.5x
Wed, 14 Jun 2023	€1.1b	€2.3b	€23.4m	82.9x	47.2x	0.5x
Fri, 12 May 2023	€1.1b	€2.2b	€19.3m	89x	55.8x	0.5x
Sun, 09 Apr 2023	€1.1b	€2.3b	€14.8m	36.1x	72.8x	0.5x
Tue, 07 Mar 2023	€1.0b	€1.8b	€500.8k	16.4x	2093.9x	0.6x
Thu, 02 Feb 2023	€1.1b	€1.8b	€500.8k	16.4x	2122.1x	0.6x
Sat, 31 Dec 2022	€1.0b	€1.8b	€500.8k	16.2x	2061.8x	0.6x
Mon, 28 Nov 2022	€1.0b	€1.8b	€499.3k	16.6x	2101.5x	0.6x
Wed, 26 Oct 2022	€1.0b	€1.7b	€4.8m	63.7x	208.7x	0.6x
Fri, 23 Sep 2022	€1.0b	€1.3b	€5.3m	75.2x	195.8x	0.8x
Sun, 21 Aug 2022	€1.1b	€1.3b	€13.3m	18.8x	79.3x	0.8x
Tue, 19 Jul 2022	€1.1b	€1.3b	€13.3m	19.1x	79.5x	0.8x
Thu, 16 Jun 2022	€1.6b	€2.2b	€67.3m	17.1x	23.3x	0.7x
Sat, 14 May 2022	€1.6b	€2.1b	€61.3m	16.7x	25.5x	0.7x
Mon, 11 Apr 2022	€1.6b	€1.9b	€62.0m	19x	25.4x	0.8x
Wed, 09 Mar 2022	€1.6b	€1.8b	€91.2m	15.7x	17.2x	0.9x
Fri, 04 Feb 2022	€1.7b	€1.8b	€91.3m	18.2x	18.2x	0.9x
Sun, 02 Jan 2022	€1.6b	€1.8b	€91.3m	18x	17.8x	0.9x
Tue, 30 Nov 2021	€1.6b	€1.8b	€91.3m	17.3x	17.4x	0.9x
Thu, 28 Oct 2021	€1.6b	€1.7b	€85.5m	16.5x	18.9x	0.9x

Current Industry PE

Investors are pessimistic on the Italian Food 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 48.4x which is lower than its 3-year average PE of 286x.

The industry is trading close to its 3-year average PS ratio of 0.64x.

Past Earnings Growth

The earnings for companies in the Food industry have declined 24% per year over the last three years.
Meanwhile revenues for these companies have grown 15% 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 Italian Consumer Staples industry?


IT Market	2.06%
Consumer Staples	2.83%
Food	0.63%
Agricultural Products	0.94%
Packaged Foods and Meats	0.12%

Industry PE

Investors are most optimistic about the Agricultural Products industry even though it's trading below its 3-year average PE ratio of 317x.

Analysts are expecting annual earnings growth of 34.8%, which is lower than the prior year's growth of 43.3% per year.

Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 45.0x.

Forecasted Growth

Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 48% over the next 5 years.
This is better than its past earnings growth rate of 12% per year.

In contrast, the Agricultural Products industry is expected to see its earnings grow by 35% per year over the next few years.

Company	Last Price	7D	1Y	Valuation
BFG B.F	€4.29	0.9% +€10.5m	24.3%	PE98.5x
NWL Newlat Food	€11.92	0.3% +€1.8m	102.4%	PE39.5x
CLI Centrale del Latte d'Italia	€2.70	2.3% +€840.0k	-5.6%	PE9x

Company

Last Price

Valuation

BFG B.F

€4.29

0.9%
+€10.5m

24.3%

PE98.5x

NWL Newlat Food

€11.92

0.3%
+€1.8m

102.4%