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New Zealand (NZX) Packaged Foods and Meats Industry Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies5
  • 7D1.2%
  • 3M3.6%
  • 1Y54.9%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has risen 1.4%, driven by gains from every company within the industry. This takes the industry's 12 month performance to a gain of 53%. Looking forward, 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
Tue, 06 Jan 2026NZ$18.6bNZ$28.6bNZ$1.2b10.9x15.2x0.7x
Thu, 04 Dec 2025NZ$18.3bNZ$28.6bNZ$1.2b10.7x15x0.6x
Sat, 01 Nov 2025NZ$18.5bNZ$28.6bNZ$1.2b15.3x15.5x0.6x
Mon, 29 Sep 2025NZ$18.0bNZ$28.6bNZ$1.1b13.9x15.6x0.6x
Wed, 27 Aug 2025NZ$18.1bNZ$28.8bNZ$1.3b11x13.4x0.6x
Fri, 25 Jul 2025NZ$14.9bNZ$28.6bNZ$1.3b11.6x11.3x0.5x
Sun, 22 Jun 2025NZ$15.1bNZ$28.6bNZ$1.3b11.4x11.5x0.5x
Tue, 20 May 2025NZ$15.1bNZ$28.6bNZ$1.3b11.6x11.4x0.5x
Thu, 17 Apr 2025NZ$14.7bNZ$28.6bNZ$1.3b15.5x11.3x0.5x
Sat, 15 Mar 2025NZ$15.7bNZ$27.0bNZ$1.2b14.8x13.1x0.6x
Mon, 10 Feb 2025NZ$12.8bNZ$26.9bNZ$1.2b13.8x10.7x0.5x
Wed, 08 Jan 2025NZ$12.0bNZ$26.9bNZ$1.2b13x10x0.4x
Fri, 06 Dec 2024NZ$12.4bNZ$26.9bNZ$1.2b13.1x10.4x0.5x
Sun, 03 Nov 2024NZ$12.2bNZ$26.9bNZ$1.2b14.7x10.2x0.5x
Tue, 01 Oct 2024NZ$11.9bNZ$26.6bNZ$1.3b14.4x9.2x0.4x
Thu, 29 Aug 2024NZ$10.6bNZ$26.9bNZ$1.4b15.1x7.7x0.4x
Sat, 27 Jul 2024NZ$10.8bNZ$26.9bNZ$1.4b15.3x7.8x0.4x
Mon, 24 Jun 2024NZ$10.3bNZ$25.7bNZ$1.0b15.7x10.2x0.4x
Wed, 22 May 2024NZ$11.0bNZ$27.0bNZ$1.5b18.4x7.2x0.4x
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
Price to Earnings Ratio

14.1x


Total Market Cap: NZ$11.2bTotal Earnings: NZ$797.4mTotal Revenue: NZ$27.0bTotal Market Cap vs Earnings and Revenue0%0%0%
New Zealand Packaged Foods and Meats Industry Price to Earnings3Y Average 9.7x202420252026
Current Industry PE
  • Investors are optimistic on the New Zealander Packaged Foods and Meats industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.2x which is higher than its 3-year average PE of 9.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.43x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 15% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does New Zealand Packaged Foods and Meats compare with similar industries?

NZ Market0.55%
Consumer Staples1.15%
Food1.11%
Packaged Foods and Meats1.18%
Agricultural Products0.34%
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
FCG Fonterra Co-operative GroupNZ$6.001.4%
+NZ$128.3m		42.5%PE9.6x
SAN SanfordNZ$7.510.8%
+NZ$5.6m		76.7%PE11x
NZK New Zealand King Salmon InvestmentsNZ$0.201.5%
+NZ$1.6m		-13.0%PS0.6x

Latest News

FCG
NZ$6.00
Fonterra Co-operative Group
7D
1.4%
1Y
42.5%

These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Reasonably Well

Jan 05
These 4 Measures Indicate That Fonterra Co-operative Group (NZSE:FCG) Is Using Debt Reasonably Well
NZK
NZ$0.20
New Zealand King Salmon Investments
7D
1.5%
1Y
-13.0%

NZK: Leadership Transition Will Support Future Earnings Visibility And Upside Potential

Narrative Update on New Zealand King Salmon Investments Analysts have modestly raised their price target on New Zealand King Salmon Investments, citing steady fair value assumptions supported by revenue growth expectations of around 21 percent and mid single digit profit margins that continue to underpin earnings visibility. What's in the News Chief Financial Officer Ben Rodgers is scheduled to leave New Zealand King Salmon Investments on 28 November 2025, marking a planned leadership transition in the finance function (company announcement).
SML
NZ$0.63
Synlait Milk
7D
-1.6%
1Y
55.6%

SML: Higher Future Earnings Multiple Will Drive Upside Despite Going Concern Risk

Analysts have increased their fair value estimate for Synlait Milk from $0.64 to $0.92 per share, reflecting higher expected future earnings multiples, even as they moderate assumptions for revenue growth and profit margins. What's in the News Synlait Milk's auditor, KPMG, issued an unqualified opinion on the 2025 annual report while expressing significant doubt about the company's ability to continue as a going concern.
ATM
NZ$10.68
a2 Milk
7D
-0.7%
1Y
72.0%

ATM: China Regulatory Progress And New Distribution Will Shape Balanced Outlook

Analysts have modestly raised their price target on a2 Milk to approximately $10.16 per share from about $9.93, reflecting slightly higher long term profit margin expectations and a marginally richer future P/E multiple. What's in the News a2 Milk received approvals from New Zealand's Ministry for Primary Industries and China's General Administration of Customs to progress regulatory steps needed to transition two China label infant formula registrations to a2-branded products, with final SAMR approval to be sought in December 2025 and a potential product launch targeted for late first half 2027 (Regulatory Authority – Compliance) The company confirmed earnings guidance for 2026, expecting low double digit percentage revenue growth versus FY25, reinforcing management confidence in medium term performance (Corporate Guidance – New/Confirmed) a2 Milk expanded its long term strategic cooperation with China State Farm Agribusiness Holding Shanghai to include English label infant milk formula products in the cross border eCommerce channel from early calendar 2026, broadening distribution for a2 Genesis and paving the way for other products such as a2 Platinum (Client Announcements) The enhanced partnership with China State Farm, a state owned enterprise with deep reach into mother and baby stores and major online platforms, is expected to strengthen a2 Milk's brand position and control over its English label distribution in China (Client Announcements) Valuation Changes Fair Value: Increased slightly from around NZ$9.93 to approximately NZ$10.16 per share.
SAN
NZ$7.51
Sanford
7D
0.8%
1Y
76.7%