Pakistani (KSE) Food Industry Analysis

Industry Valuation and Performance

Has the Pakistani Food Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Thu, 25 Jun 2026	PK₨1.3t	PK₨1.3t	PK₨65.6b	13.2x	19.9x	1x
Sat, 23 May 2026	PK₨1.3t	PK₨1.3t	PK₨63.8b	13.9x	19.6x	1x
Mon, 20 Apr 2026	PK₨1.2t	PK₨1.3t	PK₨59.5b	15x	20.3x	0.9x
Wed, 18 Mar 2026	PK₨1.1t	PK₨1.3t	PK₨59.9b	12.9x	18.9x	0.9x
Fri, 13 Feb 2026	PK₨1.2t	PK₨1.3t	PK₨57.6b	15.2x	21.4x	1x
Sun, 11 Jan 2026	PK₨1.3t	PK₨1.3t	PK₨54.9b	17.5x	23.3x	1x
Tue, 09 Dec 2025	PK₨1.2t	PK₨1.3t	PK₨48.3b	19.5x	25.6x	1x
Thu, 06 Nov 2025	PK₨1.2t	PK₨1.3t	PK₨48.2b	19.5x	25.7x	1x
Sat, 04 Oct 2025	PK₨1.3t	PK₨1.3t	PK₨45.2b	23.9x	29x	1x
Mon, 01 Sep 2025	PK₨1.3t	PK₨1.3t	PK₨41.2b	21.6x	31.7x	1x
Wed, 30 Jul 2025	PK₨1.2t	PK₨1.3t	PK₨36.0b	21.6x	34.4x	1x
Fri, 27 Jun 2025	PK₨1.1t	PK₨1.3t	PK₨32.8b	20.4x	33.4x	0.9x
Sun, 25 May 2025	PK₨1.1t	PK₨1.3t	PK₨32.7b	18.9x	33.3x	0.9x
Tue, 22 Apr 2025	PK₨1.0t	PK₨1.3t	PK₨31.8b	19.5x	32.7x	0.8x
Thu, 20 Mar 2025	PK₨1.1t	PK₨1.3t	PK₨28.3b	19.4x	37.3x	0.8x
Sat, 15 Feb 2025	PK₨1.0t	PK₨1.3t	PK₨29.5b	14.5x	35.1x	0.8x
Mon, 13 Jan 2025	PK₨1.0t	PK₨1.2t	PK₨45.1b	16.9x	23.1x	0.8x
Wed, 11 Dec 2024	PK₨1.0t	PK₨1.2t	PK₨47.9b	8.6x	20.9x	0.8x
Fri, 08 Nov 2024	PK₨902.9b	PK₨1.2t	PK₨47.9b	8.7x	18.8x	0.7x
Sun, 06 Oct 2024	PK₨877.0b	PK₨1.3t	PK₨53.4b	10x	16.4x	0.7x
Tue, 03 Sep 2024	PK₨887.2b	PK₨1.3t	PK₨53.8b	11.5x	16.5x	0.7x
Thu, 01 Aug 2024	PK₨855.6b	PK₨1.2t	PK₨60.7b	11.8x	14.1x	0.7x
Sat, 29 Jun 2024	PK₨877.7b	PK₨1.2t	PK₨63.1b	9.9x	13.9x	0.7x
Mon, 27 May 2024	PK₨898.9b	PK₨1.2t	PK₨66.0b	8.1x	13.6x	0.8x
Wed, 24 Apr 2024	PK₨892.5b	PK₨1.2t	PK₨70.3b	7.2x	12.7x	0.8x
Fri, 22 Mar 2024	PK₨880.0b	PK₨1.2t	PK₨72.7b	5.3x	12.1x	0.8x
Sun, 18 Feb 2024	PK₨906.3b	PK₨1.1t	PK₨72.7b	5.5x	12.5x	0.8x
Tue, 16 Jan 2024	PK₨954.0b	PK₨1.1t	PK₨71.4b	5.2x	13.4x	0.8x
Thu, 14 Dec 2023	PK₨989.1b	PK₨1.1t	PK₨69.4b	10.5x	14.3x	0.9x
Sat, 11 Nov 2023	PK₨827.8b	PK₨1.1t	PK₨69.8b	7.5x	11.9x	0.7x
Mon, 09 Oct 2023	PK₨792.0b	PK₨1.1t	PK₨63.7b	7.3x	12.4x	0.7x
Wed, 06 Sep 2023	PK₨785.9b	PK₨1.0t	PK₨61.1b	6.2x	12.9x	0.8x
Fri, 04 Aug 2023	PK₨825.9b	PK₨1.0t	PK₨58.5b	7.1x	14.1x	0.8x
Sun, 02 Jul 2023	PK₨751.2b	PK₨1.0t	PK₨60.0b	7.5x	12.5x	0.7x

Current Industry PE

Investors are relatively neutral on the Pakistani 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 20.7x.

The industry is trading close to its 3-year average PS ratio of 0.83x.

Past Earnings Growth

The earnings for companies in the Food industry have grown 3.0% per year over the last three years.
Revenues for these companies have grown 8.8% 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 Pakistani Consumer Staples industry?


PK Market	0.027%
Consumer Staples	2.18%
Food	0.85%
Agricultural Products	1.86%
Packaged Foods and Meats	0.85%

Industry PE

Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 7.2x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 20.2x.

Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
TSML Tandlianwala Sugar Mills	PK₨583.66	12.2% +PK₨7.5b	252.3%	PE87.8x
FCEPL FrieslandCampina Engro Pakistan	PK₨112.77	5.4% +PK₨4.4b	28.7%	PE25x
NATF National Foods	PK₨382.20	3.1% +PK₨2.7b	23.0%	PE12.2x
TOMCL Organic Meat	PK₨43.28	13.8% +PK₨1.0b	56.2%	PE23.8x
ISIL Ismail Industries	PK₨1.96k	0.7% +PK₨862.6m	1.5%	PE31.3x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.

Pakistani (KSE) Food Industry Analysis

Industry Valuation and Performance

Industry Trends

Top Stock Gainers and Losers

Latest News

Al Shaheer Corporation Limited Announces Chief Executive Changes

Investor sentiment improves as stock rises 27%

Second quarter 2026 earnings released: EPS: PK₨0.99 (vs PK₨3.70 in 2Q 2025)

New major risk - Financial position

New minor risk - Financial data availability

Third quarter 2026 earnings released: EPS: PK₨0.56 (vs PK₨0.65 in 3Q 2025)

Third quarter 2026 earnings released: EPS: PK₨11.39 (vs PK₨7.85 in 3Q 2025)

New minor risk - Profit margin trend

First quarter 2026 earnings released: EPS: PK₨331 (vs PK₨263 in 1Q 2025)

First quarter 2026 earnings released: EPS: PK₨0.12 (vs PK₨0.14 in 1Q 2025)

New major risk - Earnings quality

Third quarter 2026 earnings released: EPS: PK₨15.80 (vs PK₨12.90 in 3Q 2025)

New major risk - Dividend sustainability

First quarter 2026 earnings released: EPS: PK₨220 (vs PK₨212 in 1Q 2025)

Big Bird Foods Limited to Report Q3, 2026 Results on Apr 25, 2026

New major risk - Share price stability