Kenyan (NSE) Food Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies8
- 7D2.4%
- 3M-2.0%
- 1Y-7.3%
- YTD-0.2%
The Food industry is up 1.3% in the last week, with Williamson Tea Kenya up 5.8%. However, the industry is down 8.5% over the past year.
Industry Valuation and Performance
Has the Kenyan Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | KSh20.7b | KSh42.3b | KSh1.3b | 16.1x | 15.6x | 0.5x |
| Fri, 05 Apr 2024 | KSh20.6b | KSh42.2b | KSh1.3b | 12.3x | 15.6x | 0.5x |
| Sun, 03 Mar 2024 | KSh20.2b | KSh40.8b | KSh1.9b | 8.4x | 10.5x | 0.5x |
| Tue, 30 Jan 2024 | KSh20.7b | KSh40.7b | KSh1.7b | 10.1x | 12.1x | 0.5x |
| Thu, 28 Dec 2023 | KSh20.3b | KSh41.2b | KSh2.0b | 12.1x | 10x | 0.5x |
| Sat, 25 Nov 2023 | KSh20.9b | KSh34.9b | KSh1.8b | 12.1x | 11.4x | 0.6x |
| Mon, 23 Oct 2023 | KSh21.0b | KSh34.7b | KSh1.7b | 12.8x | 12.1x | 0.6x |
| Wed, 20 Sep 2023 | KSh21.5b | KSh34.7b | KSh1.7b | 12.1x | 12.4x | 0.6x |
| Fri, 18 Aug 2023 | KSh23.0b | KSh34.8b | KSh2.0b | 9.4x | 11.7x | 0.7x |
| Sun, 16 Jul 2023 | KSh23.7b | KSh34.7b | KSh1.9b | 8.9x | 12.1x | 0.7x |
| Tue, 13 Jun 2023 | KSh22.2b | KSh34.6b | KSh2.2b | 8.5x | 10.2x | 0.6x |
| Thu, 11 May 2023 | KSh22.9b | KSh35.7b | KSh2.5b | 8x | 9.3x | 0.6x |
| Sat, 08 Apr 2023 | KSh18.7b | KSh35.7b | KSh2.5b | 5.9x | 7.6x | 0.5x |
| Mon, 06 Mar 2023 | KSh20.2b | KSh34.7b | KSh2.1b | 10.6x | 9.7x | 0.6x |
| Wed, 01 Feb 2023 | KSh20.7b | KSh32.7b | KSh1.5b | 12.8x | 13.9x | 0.6x |
| Fri, 30 Dec 2022 | KSh19.6b | KSh28.5b | KSh722.4m | 12.3x | 27.2x | 0.7x |
| Sun, 27 Nov 2022 | KSh19.6b | KSh28.0b | KSh1.4b | 10.7x | 13.7x | 0.7x |
| Tue, 25 Oct 2022 | KSh20.2b | KSh28.0b | KSh1.4b | 9.5x | 14.1x | 0.7x |
| Thu, 22 Sep 2022 | KSh20.5b | KSh31.9b | KSh1.1b | 16.4x | 18.1x | 0.6x |
| Sat, 20 Aug 2022 | KSh19.5b | KSh31.8b | KSh987.8m | 17.2x | 19.8x | 0.6x |
| Mon, 18 Jul 2022 | KSh20.2b | KSh31.8b | KSh987.8m | 18.7x | 20.5x | 0.6x |
| Wed, 15 Jun 2022 | KSh19.4b | KSh31.7b | KSh997.3m | 14.6x | 19.4x | 0.6x |
| Fri, 13 May 2022 | KSh18.7b | KSh31.7b | KSh997.3m | 15.4x | 18.8x | 0.6x |
| Sun, 10 Apr 2022 | KSh19.0b | KSh31.7b | KSh997.3m | 17.2x | 19.1x | 0.6x |
| Tue, 08 Mar 2022 | KSh19.0b | KSh32.0b | KSh1.2b | 15x | 15.5x | 0.6x |
| Thu, 03 Feb 2022 | KSh19.5b | KSh32.0b | KSh1.2b | 15.1x | 16x | 0.6x |
| Sat, 01 Jan 2022 | KSh18.3b | KSh31.3b | KSh644.0m | 28.3x | 28.4x | 0.6x |
| Mon, 29 Nov 2021 | KSh18.8b | KSh31.4b | KSh595.5m | 61.1x | 31.5x | 0.6x |
| Wed, 27 Oct 2021 | KSh18.4b | KSh31.4b | KSh595.5m | 66.5x | 31x | 0.6x |
| Fri, 24 Sep 2021 | KSh18.8b | KSh31.4b | KSh595.5m | 66.5x | 31.6x | 0.6x |
| Sun, 22 Aug 2021 | KSh19.2b | KSh32.1b | -KSh14,119,121,076.00 | 51.4x | -1.4x | 0.6x |
| Fri, 09 Jul 2021 | KSh19.1b | KSh32.1b | -KSh14,119,121,076.00 | 44.5x | -1.4x | 0.6x |
Price to Earnings Ratio
-1.3x
Current Industry PE
- Investors are relatively neutral on the Kenyan 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 14.7x.
- The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
- Total earnings for the Food industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 9.6% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Kenyan Consumer Staples industry?
| KE Market | -2.57% | |
| Consumer Staples | -3.10% | |
| Food | 2.38% | |
| Packaged Foods and Meats | 5.02% | |
| Agricultural Products | -0.86% | |
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 33.2x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SASN Sasini | KSh20.95 | 10.0% +KSh433.3m | -26.6% | PE8.7x | |
| WTK Williamson Tea Kenya | KSh240.00 | 3.8% +KSh153.2m | 35.6% | PE5.7x | |
| EGAD Eaagads | KSh13.00 | 8.3% +KSh32.2m | 9.2% | PE38.4x |