Market Participants Recognise Guan Chong Berhad's (KLSE:GCB) Earnings
Aug 23
Malaysian (KLSE) Food Industry Analysis
UpdatedAug 25, 2024
DataAggregated Company Financials
Companies87
- 7D-0.9%
- 3M-4.2%
- 1Y2.1%
- YTD3.9%
In the last week, the Food industry is flat overall, with Nestlé (Malaysia) Berhad standing out by going down 3.4%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 9.1% 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 |
|---|---|---|---|---|---|---|
| Sun, 25 Aug 2024 | RM 210.6b | RM 158.4b | RM 11.3b | 13.7x | 18.7x | 1.3x |
| Tue, 23 Jul 2024 | RM 217.8b | RM 157.1b | RM 11.0b | 14.5x | 19.8x | 1.4x |
| Thu, 20 Jun 2024 | RM 210.1b | RM 155.5b | RM 10.8b | 14.2x | 19.5x | 1.4x |
| Sat, 18 May 2024 | RM 219.4b | RM 155.2b | RM 10.1b | 15.7x | 21.7x | 1.4x |
| Mon, 15 Apr 2024 | RM 216.7b | RM 155.0b | RM 10.0b | 14.9x | 21.6x | 1.4x |
| Wed, 13 Mar 2024 | RM 210.8b | RM 154.8b | RM 10.0b | 14.3x | 21.1x | 1.4x |
| Fri, 09 Feb 2024 | RM 205.2b | RM 156.8b | RM 10.6b | 13.1x | 19.3x | 1.3x |
| Sun, 07 Jan 2024 | RM 205.5b | RM 158.2b | RM 10.8b | 13.7x | 19x | 1.3x |
| Tue, 05 Dec 2023 | RM 202.4b | RM 158.2b | RM 10.8b | 13x | 18.8x | 1.3x |
| Thu, 02 Nov 2023 | RM 203.5b | RM 162.4b | RM 10.7b | 13.2x | 19x | 1.3x |
| Sat, 30 Sep 2023 | RM 204.2b | RM 162.3b | RM 10.7b | 13.5x | 19.1x | 1.3x |
| Mon, 28 Aug 2023 | RM 206.6b | RM 166.4b | RM 11.7b | 13.8x | 17.6x | 1.2x |
| Wed, 26 Jul 2023 | RM 212.0b | RM 172.8b | RM 13.7b | 12.2x | 15.5x | 1.2x |
| Fri, 23 Jun 2023 | RM 202.5b | RM 176.3b | RM 13.7b | 11.6x | 14.8x | 1.1x |
| Sun, 21 May 2023 | RM 211.3b | RM 179.3b | RM 16.2b | 11.2x | 13x | 1.2x |
| Tue, 18 Apr 2023 | RM 209.0b | RM 179.4b | RM 16.3b | 11.5x | 12.8x | 1.2x |
| Thu, 16 Mar 2023 | RM 205.7b | RM 179.7b | RM 16.3b | 11.3x | 12.6x | 1.1x |
| Sat, 11 Feb 2023 | RM 211.0b | RM 180.0b | RM 17.0b | 11.7x | 12.4x | 1.2x |
| Mon, 09 Jan 2023 | RM 211.1b | RM 180.0b | RM 17.0b | 11.2x | 12.4x | 1.2x |
| Wed, 07 Dec 2022 | RM 205.2b | RM 177.6b | RM 16.6b | 11.2x | 12.3x | 1.2x |
| Fri, 04 Nov 2022 | RM 203.2b | RM 171.9b | RM 16.8b | 11.1x | 12.1x | 1.2x |
| Sun, 02 Oct 2022 | RM 195.9b | RM 171.1b | RM 16.8b | 11.2x | 11.7x | 1.1x |
| Tue, 30 Aug 2022 | RM 208.6b | RM 166.7b | RM 16.6b | 11.4x | 12.6x | 1.3x |
| Thu, 28 Jul 2022 | RM 203.0b | RM 159.7b | RM 15.6b | 12x | 13x | 1.3x |
| Sat, 25 Jun 2022 | RM 201.6b | RM 159.2b | RM 15.5b | 12.2x | 13x | 1.3x |
| Mon, 23 May 2022 | RM 226.4b | RM 151.6b | RM 14.3b | 15.3x | 15.8x | 1.5x |
| Wed, 20 Apr 2022 | RM 228.8b | RM 149.0b | RM 14.1b | 15.8x | 16.3x | 1.5x |
| Fri, 18 Mar 2022 | RM 218.7b | RM 149.0b | RM 14.2b | 14.9x | 15.4x | 1.5x |
| Sun, 13 Feb 2022 | RM 208.8b | RM 137.3b | RM 12.6b | 14.4x | 16.6x | 1.5x |
| Tue, 11 Jan 2022 | RM 200.8b | RM 136.7b | RM 12.6b | 14x | 16x | 1.5x |
| Thu, 09 Dec 2021 | RM 195.5b | RM 136.6b | RM 12.5b | 14.1x | 15.6x | 1.4x |
| Sat, 06 Nov 2021 | RM 206.0b | RM 127.6b | RM 11.2b | 14.8x | 18.4x | 1.6x |
| Mon, 04 Oct 2021 | RM 199.5b | RM 127.5b | RM 11.2b | 14.1x | 17.9x | 1.6x |
| Wed, 01 Sep 2021 | RM 209.2b | RM 127.2b | RM 11.2b | 15x | 18.7x | 1.6x |
Price to Earnings Ratio
18.7x
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 18.7x which is higher than its 3-year average PE of 16.3x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Food industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 7.6% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Malaysian Consumer Staples industry?
| MY Market | -0.43% | |
| Consumer Staples | -0.78% | |
| Food | -0.94% | |
| Agricultural Products | 0.33% | |
| Packaged Foods and Meats | -2.77% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 13.7x.
- Analysts are expecting annual earnings growth of 8.1%, which is higher than its past year's earnings growth of 7.3% per year.
- Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 24.0x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 11% over the next 5 years.
- However this is lower than its past earnings growth rate of 42% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 8.1% per year 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 | |
|---|---|---|---|---|---|
| KLK Kuala Lumpur Kepong Berhad | RM 21.22 | 1.0% +RM 241.2m | -2.4% | PE33.2x | |
| UTDPLT United Plantations Berhad | RM 25.98 | 1.5% +RM 157.6m | 63.4% | PE14.3x | |
| JPG Johor Plantations Group Berhad | RM 0.98 | 5.9% +RM 137.5m | n/a | PE10.6x | |
| GENP Genting Plantations Berhad | RM 5.85 | 1.6% +RM 80.7m | 2.3% | PE20.4x | |
| KMLOONG Kim Loong Resources Berhad | RM 2.32 | 3.6% +RM 78.0m | 26.1% | PE13.7x |
