PPB Group Berhad's (KLSE:PPB) Soft Earnings Don't Show The Whole Picture
Dec 05
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Malaysian (KLSE) Packaged Foods and Meats Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies43
- 7D-2.2%
- 3M-4.9%
- 1Y-1.6%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has dropped 2.3%, driven by PPB Group Berhad declining 6.5%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are expected to grow by 11% per annum.
Industry Valuation and Performance
Has the Malaysian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | RM 81.3b | RM 62.9b | RM 4.6b | 10x | 17.8x | 1.3x |
| Mon, 18 Nov 2024 | RM 84.2b | RM 61.5b | RM 4.7b | 10.3x | 17.8x | 1.4x |
| Wed, 16 Oct 2024 | RM 86.3b | RM 61.8b | RM 4.7b | 11.1x | 18.3x | 1.4x |
| Fri, 13 Sep 2024 | RM 83.3b | RM 61.7b | RM 4.7b | 12.4x | 17.7x | 1.4x |
| Sun, 11 Aug 2024 | RM 87.3b | RM 61.1b | RM 4.5b | 11.9x | 19.2x | 1.4x |
| Tue, 09 Jul 2024 | RM 91.0b | RM 61.3b | RM 4.6b | 11.3x | 19.7x | 1.5x |
| Thu, 06 Jun 2024 | RM 90.5b | RM 61.1b | RM 4.6b | 10.9x | 19.7x | 1.5x |
| Sat, 04 May 2024 | RM 92.3b | RM 60.2b | RM 4.0b | 11.8x | 23.2x | 1.5x |
| Mon, 01 Apr 2024 | RM 86.5b | RM 60.1b | RM 4.0b | 10.8x | 21.8x | 1.4x |
| Wed, 28 Feb 2024 | RM 86.0b | RM 59.6b | RM 3.8b | 11.7x | 22.4x | 1.4x |
| Fri, 26 Jan 2024 | RM 84.1b | RM 59.7b | RM 3.6b | 12x | 23.3x | 1.4x |
| Sun, 24 Dec 2023 | RM 83.6b | RM 59.8b | RM 3.6b | 12.1x | 23.2x | 1.4x |
| Tue, 21 Nov 2023 | RM 83.6b | RM 59.0b | RM 3.9b | 11.8x | 21.7x | 1.4x |
| Thu, 19 Oct 2023 | RM 85.0b | RM 58.9b | RM 3.8b | 12.1x | 22.2x | 1.4x |
| Sat, 16 Sep 2023 | RM 86.5b | RM 59.1b | RM 3.8b | 12.5x | 22.5x | 1.5x |
| Mon, 14 Aug 2023 | RM 87.2b | RM 59.1b | RM 4.3b | 13.2x | 20.4x | 1.5x |
| Wed, 12 Jul 2023 | RM 84.9b | RM 58.9b | RM 4.2b | 12.6x | 20x | 1.4x |
| Fri, 09 Jun 2023 | RM 86.2b | RM 62.0b | RM 4.3b | 12.8x | 20.3x | 1.4x |
| Sun, 07 May 2023 | RM 89.8b | RM 60.3b | RM 4.2b | 12.1x | 21.2x | 1.5x |
| Tue, 04 Apr 2023 | RM 91.2b | RM 60.5b | RM 4.3b | 12.4x | 21.4x | 1.5x |
| Thu, 02 Mar 2023 | RM 91.6b | RM 60.4b | RM 4.3b | 13.6x | 21.1x | 1.5x |
| Sat, 28 Jan 2023 | RM 93.0b | RM 58.4b | RM 4.3b | 13.5x | 21.7x | 1.6x |
| Mon, 26 Dec 2022 | RM 92.2b | RM 58.3b | RM 4.3b | 13.2x | 21.6x | 1.6x |
| Wed, 23 Nov 2022 | RM 86.8b | RM 55.8b | RM 3.6b | 14.4x | 23.8x | 1.6x |
| Fri, 21 Oct 2022 | RM 87.6b | RM 54.7b | RM 3.7b | 16x | 23.6x | 1.6x |
| Sun, 18 Sep 2022 | RM 87.0b | RM 54.2b | RM 3.7b | 17.8x | 23.7x | 1.6x |
| Tue, 16 Aug 2022 | RM 87.7b | RM 51.2b | RM 3.0b | 24.7x | 29.2x | 1.7x |
| Thu, 14 Jul 2022 | RM 86.0b | RM 51.0b | RM 3.0b | 24.6x | 29x | 1.7x |
| Sat, 11 Jun 2022 | RM 86.1b | RM 51.0b | RM 3.0b | 25.3x | 29x | 1.7x |
| Mon, 09 May 2022 | RM 86.6b | RM 49.5b | RM 3.2b | 22.4x | 27.2x | 1.7x |
| Wed, 06 Apr 2022 | RM 89.2b | RM 49.3b | RM 3.2b | 23.3x | 28.3x | 1.8x |
| Fri, 04 Mar 2022 | RM 86.9b | RM 48.5b | RM 3.1b | 21.5x | 28.4x | 1.8x |
| Sun, 30 Jan 2022 | RM 83.9b | RM 47.3b | RM 3.0b | 20.7x | 28x | 1.8x |
| Tue, 28 Dec 2021 | RM 83.7b | RM 47.1b | RM 3.0b | 22.1x | 28.1x | 1.8x |
Price to Earnings Ratio
28.1x
Current Industry PE
- Investors are pessimistic on the Malaysian 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 17.7x which is lower than its 3-year average PE of 22.9x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Malaysian Packaged Foods and Meats compare with similar industries?
| MY Market | -0.98% | |
| Consumer Staples | -1.71% | |
| Food | -1.98% | |
| Packaged Foods and Meats | -2.24% | |
| Agricultural Products | -1.82% | |
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 | |
|---|---|---|---|---|---|
| FFB Farm Fresh Berhad | RM 1.82 | 1.7% +RM 56.2m | 37.9% | PE35.3x | |
| SBH SBH Marine Holdings Berhad | RM 0.27 | 8.2% +RM 17.8m | n/a | PE50.9x | |
| 3A Three-A Resources Berhad | RM 0.83 | 2.5% +RM 9.8m | 1.8% | PE9.3x | |
| SG SaudiGold Group Berhad | RM 0.02 | 33.3% +RM 7.8m | -33.3% | PS0.4x | |
| LAYHONG Lay Hong Berhad | RM 0.35 | 1.4% +RM 3.8m | 20.7% | PE2.1x |