Malaysian (KLSE) Food Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies86
- 7D0.2%
- 3M-1.4%
- 1Y-2.3%
- YTD-3.3%
The Food is pretty flat in the last 7 days, but QL Resources Berhad has stood out, gaining 4.6%. In line with that, the industry has also been flat over the past 12 months. Earnings are forecast to grow by 6.3% annually.
Industry Valuation and Performance
Has the Malaysian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | RM204.2b | RM158.2b | RM10.8b | 13.1x | 19x | 1.3x |
| Wed, 01 Nov 2023 | RM204.2b | RM162.4b | RM10.7b | 13.2x | 19x | 1.3x |
| Fri, 29 Sep 2023 | RM205.1b | RM162.3b | RM10.7b | 13.6x | 19.2x | 1.3x |
| Sun, 27 Aug 2023 | RM206.6b | RM166.4b | RM11.7b | 13.8x | 17.6x | 1.2x |
| Tue, 25 Jul 2023 | RM210.7b | RM173.0b | RM13.7b | 11.8x | 15.4x | 1.2x |
| Thu, 22 Jun 2023 | RM202.5b | RM176.3b | RM13.7b | 11.7x | 14.8x | 1.1x |
| Sat, 20 May 2023 | RM211.3b | RM179.6b | RM16.4b | 11.2x | 12.9x | 1.2x |
| Mon, 17 Apr 2023 | RM209.3b | RM179.4b | RM16.3b | 11.6x | 12.8x | 1.2x |
| Wed, 15 Mar 2023 | RM204.6b | RM179.7b | RM16.3b | 11.2x | 12.5x | 1.1x |
| Fri, 10 Feb 2023 | RM210.8b | RM180.0b | RM17.0b | 11.7x | 12.4x | 1.2x |
| Sun, 08 Jan 2023 | RM211.1b | RM180.0b | RM17.0b | 11.2x | 12.4x | 1.2x |
| Tue, 06 Dec 2022 | RM206.3b | RM177.6b | RM16.6b | 11.2x | 12.4x | 1.2x |
| Thu, 03 Nov 2022 | RM203.2b | RM171.9b | RM16.8b | 11.1x | 12.1x | 1.2x |
| Sat, 01 Oct 2022 | RM195.9b | RM171.1b | RM16.8b | 11.2x | 11.7x | 1.1x |
| Mon, 29 Aug 2022 | RM207.5b | RM166.7b | RM16.6b | 11.3x | 12.5x | 1.2x |
| Wed, 27 Jul 2022 | RM203.1b | RM159.7b | RM15.6b | 12.1x | 13.1x | 1.3x |
| Fri, 24 Jun 2022 | RM202.1b | RM159.2b | RM15.5b | 12.2x | 13.1x | 1.3x |
| Sun, 22 May 2022 | RM226.4b | RM149.6b | RM14.1b | 15.7x | 16x | 1.5x |
| Tue, 19 Apr 2022 | RM228.8b | RM149.0b | RM14.1b | 15.8x | 16.3x | 1.5x |
| Thu, 17 Mar 2022 | RM220.2b | RM149.0b | RM14.2b | 15.3x | 15.5x | 1.5x |
| Sat, 12 Feb 2022 | RM208.8b | RM137.3b | RM12.6b | 14.4x | 16.6x | 1.5x |
| Mon, 10 Jan 2022 | RM200.9b | RM136.7b | RM12.6b | 14x | 16x | 1.5x |
| Wed, 08 Dec 2021 | RM194.6b | RM136.6b | RM12.5b | 14x | 15.5x | 1.4x |
| Fri, 05 Nov 2021 | RM206.0b | RM127.6b | RM11.2b | 15x | 18.4x | 1.6x |
| Sun, 03 Oct 2021 | RM199.5b | RM127.5b | RM11.2b | 14.1x | 17.9x | 1.6x |
| Tue, 31 Aug 2021 | RM209.1b | RM127.2b | RM11.2b | 14.9x | 18.7x | 1.6x |
| Wed, 07 Jul 2021 | RM201.7b | RM127.2b | RM11.2b | 14.7x | 18x | 1.6x |
| Sat, 10 Apr 2021 | RM216.3b | RM118.4b | RM9.5b | 17.6x | 22.7x | 1.8x |
| Fri, 01 Jan 2021 | RM220.1b | RM114.2b | RM7.4b | 19.3x | 29.6x | 1.9x |
Price to Earnings Ratio
36.8x
Current Industry PE
- Investors are optimistic on the Malaysian Food industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 19.0x which is higher than its 3-year average PE of 17.0x.
- The industry is trading close to its 3-year average PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 22% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Staples industry?
| MY Market | -0.55% | |
| Consumer Staples | -0.012% | |
| Food | 0.21% | |
| Agricultural Products | 0.85% | |
| Packaged Foods and Meats | -0.72% | |
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 26.1x.
- Analysts are expecting annual earnings growth of 14.0%, which is lower than the prior year's growth of 19.4% per year.
- Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 13.8x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 14% over the next 5 years.
- However this is lower than its past earnings growth rate of 19% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings growth to stay flat 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 | |
|---|---|---|---|---|---|
| QL QL Resources Berhad | RM5.63 | 4.6% +RM608.4m | 1.3% | PE35.5x | |
| SIMEPLT Sime Darby Plantation Berhad | RM4.50 | 1.4% +RM414.9m | 2.3% | PE14x | |
| IOICORP IOI Corporation Berhad | RM3.99 | 1.0% +RM248.1m | 5.0% | PE19.8x | |
| FFB Farm Fresh Berhad | RM1.35 | 4.7% +RM112.3m | -14.6% | PE59x | |
| KMLOONG Kim Loong Resources Berhad | RM1.98 | 2.1% +RM38.8m | 10.6% | PE13x |