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New Zealand (NZX) Packaged Foods and Meats Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D-3.5%
  • 3M13.1%
  • 1Y52.8%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 4.9%, driven by Fonterra Co-operative Group declining 6.6%. In contrast, Sanford has gained 9.1%. In the past year, the industry has gained 51%. Looking forward, earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

Has the New Zealand Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024NZ$11.9bNZ$26.9bNZ$1.2b13.1x9.9x0.4x
Sat, 19 Oct 2024NZ$11.9bNZ$26.9bNZ$1.2b14.6x10x0.4x
Mon, 16 Sep 2024NZ$10.6bNZ$26.9bNZ$1.4b14.6x7.7x0.4x
Wed, 14 Aug 2024NZ$10.7bNZ$26.9bNZ$1.4b15x7.7x0.4x
Fri, 12 Jul 2024NZ$10.9bNZ$26.9bNZ$1.4b14.9x7.9x0.4x
Sun, 09 Jun 2024NZ$11.0bNZ$25.7bNZ$1.0b15.1x10.9x0.4x
Tue, 07 May 2024NZ$9.3bNZ$27.0bNZ$1.5b16.9x6.1x0.3x
Thu, 04 Apr 2024NZ$9.4bNZ$27.3bNZ$1.6b7.1x5.8x0.3x
Sat, 02 Mar 2024NZ$9.7bNZ$28.5bNZ$1.5b6.3x6.6x0.3x
Mon, 29 Jan 2024NZ$8.9bNZ$28.5bNZ$1.5b6.8x6.1x0.3x
Wed, 27 Dec 2023NZ$8.9bNZ$28.5bNZ$1.5b5.1x6.1x0.3x
Fri, 24 Nov 2023NZ$8.1bNZ$28.5bNZ$1.5b4.9x5.6x0.3x
Sun, 22 Oct 2023NZ$8.5bNZ$28.5bNZ$1.5b5.2x5.6x0.3x
Tue, 19 Sep 2023NZ$9.4bNZ$29.9bNZ$1.5b11.3x6.1x0.3x
Thu, 17 Aug 2023NZ$10.0bNZ$29.9bNZ$1.5b14.2x6.6x0.3x
Sat, 15 Jul 2023NZ$10.0bNZ$29.9bNZ$1.5b21.5x6.7x0.3x
Mon, 12 Jun 2023NZ$10.1bNZ$29.4bNZ$1.1b22.2x9.3x0.3x
Wed, 10 May 2023NZ$9.5bNZ$29.4bNZ$1.1b20x8.9x0.3x
Fri, 07 Apr 2023NZ$10.2bNZ$29.4bNZ$1.1b25.3x9.5x0.3x
Sun, 05 Mar 2023NZ$10.8bNZ$27.2bNZ$809.3m18.2x13.3x0.4x
Tue, 31 Jan 2023NZ$11.1bNZ$27.0bNZ$795.1m19.8x13.9x0.4x
Thu, 29 Dec 2022NZ$10.9bNZ$27.0bNZ$797.4m17.4x13.7x0.4x
Sat, 26 Nov 2022NZ$10.4bNZ$27.0bNZ$797.4m16.2x13.1x0.4x
Mon, 24 Oct 2022NZ$10.0bNZ$27.0bNZ$749.9m18.1x13.3x0.4x
Wed, 21 Sep 2022NZ$10.8bNZ$25.5bNZ$607.4m28.1x17.8x0.4x
Fri, 19 Aug 2022NZ$9.8bNZ$25.2bNZ$505.0m32.7x19.5x0.4x
Sun, 17 Jul 2022NZ$9.6bNZ$25.2bNZ$520.0m26.8x18.4x0.4x
Tue, 14 Jun 2022NZ$9.1bNZ$25.2bNZ$520.1m26.5x17.6x0.4x
Thu, 12 May 2022NZ$8.8bNZ$25.2bNZ$527.3m17.5x16.7x0.4x
Sat, 09 Apr 2022NZ$10.4bNZ$25.2bNZ$588.4m18x17.7x0.4x
Mon, 07 Mar 2022NZ$10.6bNZ$24.0bNZ$531.9m17.5x20x0.4x
Wed, 02 Feb 2022NZ$10.4bNZ$24.1bNZ$592.3m7.5x17.5x0.4x
Fri, 31 Dec 2021NZ$10.7bNZ$24.1bNZ$590.3m8.4x18.1x0.4x
Sun, 28 Nov 2021NZ$11.3bNZ$24.1bNZ$590.3m19.1x19.1x0.5x
Price to Earnings Ratio

19.1x


Total Market Cap: NZ$11.3bTotal Earnings: NZ$590.3mTotal Revenue: NZ$24.1bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Packaged Foods and Meats Industry Price to Earnings3Y Average 11.5x202220232024
Current Industry PE
  • Investors are pessimistic on the New Zealander 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 10.2x which is lower than its 3-year average PE of 11.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.38x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 3.8% 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 New Zealand Packaged Foods and Meats compare with similar industries?

NZ Market0.13%
Consumer Staples-3.01%
Food-3.17%
Packaged Foods and Meats-3.52%
Agricultural Products0.49%
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?

CompanyLast Price7D1YValuation
SAN SanfordNZ$4.199.4%
+NZ$33.7m
10.0%PE19.9x
NZK New Zealand King Salmon InvestmentsNZ$0.246.5%
+NZ$8.1m
19.5%PE5.5x
SML Synlait MilkNZ$0.401.3%
+NZ$3.0m
-69.0%PS0.1x
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Latest News

ATM

NZ$5.33

a2 Milk

7D

-2.2%

1Y

25.4%

FCG

NZ$4.48

Fonterra Co-operative Group

7D

-8.2%

1Y

107.4%

SML

NZ$0.40

Synlait Milk

7D

1.3%

1Y

-69.0%

NZK

NZ$0.24

New Zealand King Salmon Investments

7D

6.5%

1Y

19.5%