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New Zealand (NZX) Packaged Foods and Meats Industry Analysis

UpdatedApr 19, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.2%
  • 3M12.3%
  • 1Y-10.9%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 4.0%, driven by a pullback from Fonterra Co-operative Group of 2.5%. However, the industry is down 12% over the past year. Earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Apr 2024NZ$9.1bNZ$27.3bNZ$1.6b7.4x5.8x0.3x
Sun, 17 Mar 2024NZ$9.7bNZ$28.5bNZ$1.5b6.6x6.6x0.3x
Tue, 13 Feb 2024NZ$9.3bNZ$28.5bNZ$1.5b6.8x6.4x0.3x
Thu, 11 Jan 2024NZ$8.9bNZ$28.5bNZ$1.5b5.1x6.1x0.3x
Sat, 09 Dec 2023NZ$8.4bNZ$28.5bNZ$1.5b4.9x5.8x0.3x
Mon, 06 Nov 2023NZ$8.3bNZ$28.5bNZ$1.5b5.2x5.5x0.3x
Wed, 04 Oct 2023NZ$8.7bNZ$28.5bNZ$1.5b5.2x5.8x0.3x
Fri, 01 Sep 2023NZ$9.3bNZ$29.9bNZ$1.5b12.3x6.1x0.3x
Sun, 30 Jul 2023NZ$10.1bNZ$29.9bNZ$1.5b14.7x6.7x0.3x
Tue, 27 Jun 2023NZ$10.1bNZ$29.9bNZ$1.5b21.7x6.8x0.3x
Thu, 25 May 2023NZ$9.8bNZ$29.4bNZ$1.1b20.6x9.1x0.3x
Sat, 22 Apr 2023NZ$10.2bNZ$29.4bNZ$1.1b25.1x9.5x0.3x
Mon, 20 Mar 2023NZ$10.8bNZ$29.4bNZ$1.0b16.2x10.8x0.4x
Wed, 15 Feb 2023NZ$11.1bNZ$27.0bNZ$795.1m19.6x14x0.4x
Fri, 13 Jan 2023NZ$11.2bNZ$27.0bNZ$797.4m16.7x14.1x0.4x
Sun, 11 Dec 2022NZ$10.8bNZ$27.0bNZ$797.4m17.4x13.5x0.4x
Tue, 08 Nov 2022NZ$9.9bNZ$27.0bNZ$749.9m18.1x13.3x0.4x
Thu, 06 Oct 2022NZ$10.4bNZ$27.0bNZ$749.9m19.8x13.9x0.4x
Sat, 03 Sep 2022NZ$10.5bNZ$25.5bNZ$607.4m28.4x17.3x0.4x
Mon, 01 Aug 2022NZ$9.5bNZ$25.2bNZ$505.0m32.5x18.9x0.4x
Wed, 29 Jun 2022NZ$9.8bNZ$25.2bNZ$520.1m26.8x18.8x0.4x
Fri, 27 May 2022NZ$8.7bNZ$25.2bNZ$520.4m27.8x16.7x0.3x
Sun, 24 Apr 2022NZ$9.9bNZ$25.2bNZ$527.3m17.7x18.8x0.4x
Tue, 22 Mar 2022NZ$10.7bNZ$25.0bNZ$566.9m18x18.9x0.4x
Thu, 17 Feb 2022NZ$10.6bNZ$24.1bNZ$592.3m18.5x17.9x0.4x
Sat, 15 Jan 2022NZ$10.7bNZ$24.1bNZ$590.3m8.4x18.1x0.4x
Mon, 13 Dec 2021NZ$11.1bNZ$24.1bNZ$590.3m19.2x18.8x0.5x
Wed, 10 Nov 2021NZ$11.7bNZ$24.0bNZ$593.7m7.4x19.8x0.5x
Fri, 08 Oct 2021NZ$11.7bNZ$24.0bNZ$593.7m17.4x19.7x0.5x
Sun, 05 Sep 2021NZ$11.0bNZ$23.3bNZ$687.5m13.2x16x0.5x
Tue, 03 Aug 2021NZ$11.6bNZ$23.3bNZ$687.5m14.7x16.8x0.5x
Fri, 07 May 2021NZ$14.6bNZ$23.5bNZ$807.5m14.2x18.1x0.6x
Price to Earnings Ratio

18.1x


Total Market Cap: NZ$14.6bTotal Earnings: NZ$807.5mTotal Revenue: NZ$23.5bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Packaged Foods and Meats Industry Price to Earnings3Y Average 13.2x202220232024
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 5.9x which is lower than its 3-year average PE of 13.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.40x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 24% per year over the last three years.
  • Revenues for these companies have grown 5.1% 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 Market-0.80%
Consumer Staples-1.07%
Food-1.22%
Packaged Foods and Meats-1.19%
Agricultural Products-1.49%
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
LIC Livestock ImprovementNZ$1.202.6%
+NZ$4.3m		2.6%PE7.4x
Simply Wall St™
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Level 7, 320 Pitt Street, Sydney
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Latest News

ATM

NZ$6.21

a2 Milk

7D

-2.4%

1Y

-1.1%

a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital

Apr 16
a2 Milk (NZSE:ATM) May Have Issues Allocating Its Capital

LIC

NZ$1.20

Livestock Improvement

7D

2.6%

1Y

2.6%

SML

NZ$0.54

Synlait Milk

7D

-5.3%

1Y

-74.8%

FCG

NZ$2.34

Fonterra Co-operative Group

7D

-1.7%

1Y

-14.9%

SAN

NZ$4.06

Sanford

7D

-1.2%

1Y

0.2%