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New Zealand (NZX) Food Industry Analysis

UpdatedDec 30, 2024
DataAggregated Company Financials
Companies11
  • 7D0.5%
  • 3M1.2%
  • 1Y37.9%
  • YTD39.0%

The Food industry has stayed flat over the last week. The past year has been better, since the industry has gained 38% in that time. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

Has the New Zealand Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 31 Dec 2024NZ$13.3bNZ$30.5bNZ$1.2b18.6x11.3x0.4x
Thu, 28 Nov 2024NZ$13.6bNZ$30.5bNZ$1.2b18.8x11.6x0.4x
Sat, 26 Oct 2024NZ$13.7bNZ$30.4bNZ$1.2b18.8x11.7x0.5x
Mon, 23 Sep 2024NZ$11.6bNZ$30.5bNZ$1.4b18.2x8.5x0.4x
Wed, 21 Aug 2024NZ$11.1bNZ$30.4bNZ$1.3b22.9x8.3x0.4x
Fri, 19 Jul 2024NZ$12.1bNZ$30.3bNZ$1.4b12.4x8.9x0.4x
Sun, 16 Jun 2024NZ$11.9bNZ$29.2bNZ$988.0m9.8x12x0.4x
Tue, 14 May 2024NZ$10.5bNZ$30.5bNZ$1.5b10.8x7x0.3x
Thu, 11 Apr 2024NZ$10.2bNZ$30.5bNZ$1.5b12.3x6.8x0.3x
Sat, 09 Mar 2024NZ$10.8bNZ$31.7bNZ$1.4b13x7.6x0.3x
Mon, 05 Feb 2024NZ$10.0bNZ$31.9bNZ$1.4b7.5x7x0.3x
Wed, 03 Jan 2024NZ$10.1bNZ$31.9bNZ$1.4b6.8x7x0.3x
Fri, 01 Dec 2023NZ$9.2bNZ$31.9bNZ$1.4b7.2x6.4x0.3x
Sun, 29 Oct 2023NZ$9.3bNZ$31.8bNZ$1.5b5.8x6.2x0.3x
Tue, 26 Sep 2023NZ$10.4bNZ$32.2bNZ$1.5b6.2x6.8x0.3x
Thu, 24 Aug 2023NZ$10.5bNZ$33.3bNZ$1.5b11.9x6.9x0.3x
Sat, 22 Jul 2023NZ$11.1bNZ$33.2bNZ$1.6b15.5x7.1x0.3x
Mon, 19 Jun 2023NZ$11.3bNZ$33.2bNZ$1.5b17.9x7.4x0.3x
Wed, 17 May 2023NZ$10.7bNZ$32.7bNZ$1.1b18.6x9.6x0.3x
Fri, 14 Apr 2023NZ$11.5bNZ$32.7bNZ$1.1b19.4x10.3x0.4x
Sun, 12 Mar 2023NZ$11.9bNZ$30.4bNZ$856.1m18.2x13.9x0.4x
Tue, 07 Feb 2023NZ$12.5bNZ$30.3bNZ$873.8m17.1x14.3x0.4x
Thu, 05 Jan 2023NZ$12.4bNZ$30.3bNZ$876.1m15.3x14.2x0.4x
Sat, 03 Dec 2022NZ$12.0bNZ$30.3bNZ$876.1m15.5x13.7x0.4x
Mon, 31 Oct 2022NZ$11.5bNZ$30.3bNZ$828.6m18x13.8x0.4x
Wed, 28 Sep 2022NZ$12.0bNZ$30.3bNZ$847.5m18.5x14.2x0.4x
Fri, 26 Aug 2022NZ$11.3bNZ$28.4bNZ$583.6m18.1x19.3x0.4x
Sun, 24 Jul 2022NZ$11.1bNZ$28.3bNZ$586.7m20.1x18.9x0.4x
Tue, 21 Jun 2022NZ$10.7bNZ$28.3bNZ$601.7m12.8x17.7x0.4x
Thu, 19 May 2022NZ$10.3bNZ$28.3bNZ$609.8m14.1x17x0.4x
Sat, 16 Apr 2022NZ$11.7bNZ$28.3bNZ$609.0m14.4x19.2x0.4x
Mon, 14 Mar 2022NZ$12.2bNZ$27.2bNZ$613.6m13.9x19.9x0.4x
Wed, 09 Feb 2022NZ$12.3bNZ$27.1bNZ$663.5m8.5x18.6x0.5x
Fri, 07 Jan 2022NZ$12.5bNZ$27.1bNZ$661.5m8.4x19x0.5x
Price to Earnings Ratio

19x


Total Market Cap: NZ$12.5bTotal Earnings: NZ$661.5mTotal Revenue: NZ$27.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Food Industry Price to Earnings3Y Average 11.8x20232024
Current Industry PE
  • Investors are relatively neutral on the New Zealander 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 11.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 21% per year over the last three years.
  • Revenues for these companies have grown 4.0% 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 New Zealand Consumer Staples industry?

NZ Market1.87%
Consumer Staples0.22%
Food0.51%
Agricultural Products2.68%
Packaged Foods and Meats0.31%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 11.2x.
    • Analysts are expecting annual earnings growth of 17.2%, which is higher than its past year's earnings growth of 0.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Agricultural Products industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 72% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ATM a2 MilkNZ$6.350.8%
+NZ$36.2m		38.0%PE27.4x
SML Synlait MilkNZ$0.422.4%
+NZ$6.0m		-55.3%PS0.2x
SEK SeekaNZ$3.251.9%
+NZ$2.6m		27.5%PS0.4x
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SML

NZ$0.42

Synlait Milk

7D

2.4%

1Y

-55.3%

ATM

NZ$6.35

a2 Milk

7D

0.8%

1Y

38.0%

SEK

NZ$3.25

Seeka

7D

1.9%

1Y

27.5%

FCG

NZ$4.20

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7D

-0.2%

1Y

68.7%

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SAN

NZ$4.21

Sanford

7D

-1.4%

1Y

4.0%

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Nov 20
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NZK

NZ$0.22

New Zealand King Salmon Investments

7D

-2.2%

1Y

-2.2%

PGW

NZ$1.53

PGG Wrightson

7D

-3.8%

1Y

-55.0%

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