Narrative Update • Jul 22

Last week, the Consumer Staples industry hasn't moved much but Sanford is up 6.7% in that time. As for the the longer term, the industry is up 15% over the past 12 months. As for the next few years, earnings are expected to grow by 15% per annum.
Has the New Zealand Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | NZ$20.0b | NZ$35.4b | NZ$1.4b | 9.8x | 14.7x | 0.6x |
| Tue, 07 Jul 2026 | NZ$20.7b | NZ$35.4b | NZ$1.4b | 9.6x | 15.2x | 0.6x |
| Thu, 04 Jun 2026 | NZ$19.2b | NZ$35.4b | NZ$1.4b | 9.9x | 14.1x | 0.5x |
| Sat, 02 May 2026 | NZ$20.7b | NZ$35.4b | NZ$1.4b | 10.6x | 15.4x | 0.6x |
| Mon, 30 Mar 2026 | NZ$21.7b | NZ$35.4b | NZ$1.4b | 9x | 16x | 0.6x |
| Wed, 25 Feb 2026 | NZ$21.7b | NZ$33.9b | NZ$1.3b | 9.9x | 16.4x | 0.6x |
| Fri, 23 Jan 2026 | NZ$20.1b | NZ$33.7b | NZ$1.3b | 9.7x | 15.4x | 0.6x |
| Sun, 21 Dec 2025 | NZ$20.4b | NZ$33.7b | NZ$1.3b | 9.5x | 15.5x | 0.6x |
| Tue, 18 Nov 2025 | NZ$20.7b | NZ$33.8b | NZ$1.3b | 9.7x | 16.1x | 0.6x |
| Thu, 16 Oct 2025 | NZ$20.6b | NZ$33.8b | NZ$1.3b | 9.3x | 16.1x | 0.6x |
| Sat, 13 Sep 2025 | NZ$20.1b | NZ$33.9b | NZ$1.4b | 8.9x | 14x | 0.6x |
| Mon, 11 Aug 2025 | NZ$17.4b | NZ$33.7b | NZ$1.4b | 13.8x | 12.9x | 0.5x |
| Wed, 09 Jul 2025 | NZ$16.7b | NZ$33.5b | NZ$1.3b | 11.7x | 12.7x | 0.5x |
| Fri, 06 Jun 2025 | NZ$17.1b | NZ$33.5b | NZ$1.3b | 11.1x | 13x | 0.5x |
| Sun, 04 May 2025 | NZ$16.7b | NZ$33.5b | NZ$1.3b | 13.9x | 12.9x | 0.5x |
| Tue, 01 Apr 2025 | NZ$16.9b | NZ$33.5b | NZ$1.3b | 13.1x | 13x | 0.5x |
| Thu, 27 Feb 2025 | NZ$16.9b | NZ$31.9b | NZ$1.2b | 9.8x | 14.5x | 0.5x |
| Sat, 25 Jan 2025 | NZ$14.8b | NZ$31.8b | NZ$1.2b | 9.5x | 12.7x | 0.5x |
| Mon, 23 Dec 2024 | NZ$14.1b | NZ$31.8b | NZ$1.1b | 16.4x | 12.3x | 0.4x |
| Wed, 20 Nov 2024 | NZ$14.2b | NZ$31.8b | NZ$1.1b | 15.4x | 12.4x | 0.4x |
| Fri, 18 Oct 2024 | NZ$14.0b | NZ$31.7b | NZ$1.1b | 17.4x | 12.3x | 0.4x |
| Sun, 15 Sep 2024 | NZ$12.7b | NZ$31.8b | NZ$1.3b | 18x | 9.5x | 0.4x |
| Tue, 13 Aug 2024 | NZ$12.7b | NZ$31.7b | NZ$1.4b | 13.6x | 8.9x | 0.4x |
| Thu, 11 Jul 2024 | NZ$12.9b | NZ$31.6b | NZ$1.4b | 9.8x | 8.9x | 0.4x |
| Sat, 08 Jun 2024 | NZ$13.0b | NZ$30.5b | NZ$1.1b | 11.1x | 12.1x | 0.4x |
| Mon, 06 May 2024 | NZ$11.4b | NZ$31.8b | NZ$1.6b | 10.6x | 7.2x | 0.4x |
| Wed, 03 Apr 2024 | NZ$11.5b | NZ$31.8b | NZ$1.7b | 11.6x | 6.9x | 0.4x |
| Fri, 01 Mar 2024 | NZ$11.8b | NZ$33.1b | NZ$1.5b | 11.7x | 7.8x | 0.4x |
| Sun, 28 Jan 2024 | NZ$11.1b | NZ$33.2b | NZ$1.5b | 11.7x | 7.2x | 0.3x |
| Tue, 26 Dec 2023 | NZ$11.1b | NZ$33.2b | NZ$1.5b | 11.7x | 7.2x | 0.3x |
| Thu, 23 Nov 2023 | NZ$10.5b | NZ$33.2b | NZ$1.5b | 11.2x | 6.8x | 0.3x |
| Sat, 21 Oct 2023 | NZ$10.9b | NZ$33.2b | NZ$1.6b | 11.9x | 6.9x | 0.3x |
| Mon, 18 Sep 2023 | NZ$11.9b | NZ$34.7b | NZ$1.6b | 13x | 7.4x | 0.3x |
| Wed, 16 Aug 2023 | NZ$12.7b | NZ$34.6b | NZ$1.6b | 16x | 7.8x | 0.4x |
7.8x
Which industries have driven the changes within the New Zealand Consumer Staples sector?
| NZ Market | 0.70% | |
| Consumer Staples | 0.43% | |
| Personal Products | 4.08% | |
| Food and Staples Retail | 1.32% | |
| Food | 0.42% | |
| Beverage | -0.22% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SAN Sanford | NZ$7.20 | 6.7% +NZ$42.1m | 29.7% | PE9.3x | |
| SCL Scales | NZ$6.78 | 4.3% +NZ$40.7m | 43.0% | PE9.8x | |
| PGW PGG Wrightson | NZ$2.30 | 4.1% +NZ$6.8m | -2.5% | PE14.5x | |
| CVT Comvita | NZ$0.77 | 4.1% +NZ$3.9m | 59.4% | PS0.5x | |
| TGG T&G Global | NZ$2.26 | 1.3% +NZ$3.7m | -5.8% | PE21.1x |