Header cover image

New Zealand (NZX) Packaged Foods and Meats Industry Analysis

UpdatedMay 27, 2024
DataAggregated Company Financials
Companies5
  • 7D4.9%
  • 3M25.6%
  • 1Y12.2%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has risen 4.9%, driven by gains from a2 Milk of 9.8%. This means that the industry has gained 12% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 27 May 2024NZ$11.0bNZ$27.0bNZ$1.5b19.2x7.2x0.4x
Wed, 24 Apr 2024NZ$9.1bNZ$27.3bNZ$1.6b7.4x5.9x0.3x
Fri, 22 Mar 2024NZ$10.3bNZ$27.3bNZ$1.6b7.1x6.3x0.4x
Sun, 18 Feb 2024NZ$9.2bNZ$28.5bNZ$1.5b6.1x6.3x0.3x
Tue, 16 Jan 2024NZ$8.8bNZ$28.5bNZ$1.5b5.1x6x0.3x
Thu, 14 Dec 2023NZ$8.5bNZ$28.5bNZ$1.5b4.9x5.8x0.3x
Sat, 11 Nov 2023NZ$8.2bNZ$28.5bNZ$1.5b5x5.4x0.3x
Mon, 09 Oct 2023NZ$8.5bNZ$28.5bNZ$1.5b5.2x5.6x0.3x
Wed, 06 Sep 2023NZ$9.2bNZ$29.9bNZ$1.5b12.1x6x0.3x
Fri, 04 Aug 2023NZ$9.9bNZ$29.9bNZ$1.5b14.5x6.6x0.3x
Sun, 02 Jul 2023NZ$10.1bNZ$29.9bNZ$1.5b21.6x6.8x0.3x
Tue, 30 May 2023NZ$10.0bNZ$29.4bNZ$1.1b21x9.3x0.3x
Thu, 27 Apr 2023NZ$9.6bNZ$29.4bNZ$1.1b21x9x0.3x
Sat, 25 Mar 2023NZ$10.5bNZ$29.4bNZ$1.0b13.6x10.5x0.4x
Mon, 20 Feb 2023NZ$11.3bNZ$27.0bNZ$795.1m20.3x14.2x0.4x
Wed, 18 Jan 2023NZ$11.3bNZ$27.0bNZ$797.4m16.7x14.2x0.4x
Fri, 16 Dec 2022NZ$11.1bNZ$27.0bNZ$797.4m17.4x13.9x0.4x
Sun, 13 Nov 2022NZ$10.3bNZ$27.0bNZ$749.9m18.1x13.8x0.4x
Tue, 11 Oct 2022NZ$10.3bNZ$27.0bNZ$749.9m18.3x13.8x0.4x
Thu, 08 Sep 2022NZ$10.4bNZ$25.5bNZ$607.4m28.2x17.2x0.4x
Sat, 06 Aug 2022NZ$10.1bNZ$25.2bNZ$505.0m32.5x20x0.4x
Mon, 04 Jul 2022NZ$9.7bNZ$25.2bNZ$520.0m26.9x18.6x0.4x
Wed, 01 Jun 2022NZ$9.4bNZ$25.2bNZ$519.7m27.5x18x0.4x
Fri, 29 Apr 2022NZ$9.5bNZ$25.2bNZ$527.3m17.5x18x0.4x
Sun, 27 Mar 2022NZ$10.7bNZ$25.0bNZ$566.9m17.9x18.8x0.4x
Tue, 22 Feb 2022NZ$11.3bNZ$24.0bNZ$531.9m18.4x21.3x0.5x
Thu, 20 Jan 2022NZ$10.6bNZ$24.1bNZ$590.3m9.3x18x0.4x
Sat, 18 Dec 2021NZ$10.9bNZ$24.1bNZ$590.3m8.4x18.4x0.5x
Mon, 15 Nov 2021NZ$11.4bNZ$24.0bNZ$593.7m16.7x19.2x0.5x
Wed, 13 Oct 2021NZ$11.4bNZ$24.0bNZ$593.7m16.8x19.2x0.5x
Fri, 10 Sep 2021NZ$10.8bNZ$23.3bNZ$687.5m12.2x15.7x0.5x
Sun, 08 Aug 2021NZ$11.4bNZ$23.3bNZ$687.5m14.4x16.6x0.5x
Price to Earnings Ratio

14x


Total Market Cap: NZ$11.3bTotal Earnings: NZ$807.2mTotal Revenue: NZ$23.5bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Packaged Foods and Meats Industry Price to Earnings3Y Average 12.9x202220232024
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 7.2x which is lower than its 3-year average PE of 12.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.39x.
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 4.8% 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 Market0.75%
Consumer Staples3.66%
Food4.29%
Packaged Foods and Meats4.90%
Agricultural Products-1.48%
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
ATM a2 MilkNZ$7.939.8%
+NZ$513.3m
37.4%PE34.3x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.