Risks Still Elevated At These Prices As M Food S.A. (WSE:MFD) Shares Dive 25%
Jul 18
Polish (WIG) Food Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies22
- 7D2.2%
- 3M16.6%
- 1Y9.1%
- YTD25.4%
The Food industry is up 3.5% in the last week, with Kernel Holding up 4.2%. This means that the industry has gained 11% over the past year. Looking forward, earnings are forecast to decline by 1.4% per year.
Industry Valuation and Performance
Has the Polish Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | zł9.2b | zł25.3b | zł809.8m | 8.3x | 11.4x | 0.4x |
| Sun, 23 Jun 2024 | zł9.9b | zł26.3b | zł995.6m | 7.5x | 9.9x | 0.4x |
| Tue, 21 May 2024 | zł9.0b | zł25.2b | zł802.7m | 10x | 11.2x | 0.4x |
| Thu, 18 Apr 2024 | zł8.5b | zł25.3b | zł811.2m | 10x | 10.5x | 0.3x |
| Sat, 16 Mar 2024 | zł8.0b | zł24.7b | zł786.5m | 8.9x | 10.2x | 0.3x |
| Mon, 12 Feb 2024 | zł8.2b | zł25.8b | zł1.1b | 8.4x | 7.6x | 0.3x |
| Wed, 10 Jan 2024 | zł7.7b | zł25.6b | zł1.1b | 7.8x | 7.2x | 0.3x |
| Fri, 08 Dec 2023 | zł7.2b | zł25.8b | zł1.8b | 9.9x | 3.9x | 0.3x |
| Sun, 05 Nov 2023 | zł7.0b | zł26.3b | zł2.1b | 7x | 3.3x | 0.3x |
| Tue, 03 Oct 2023 | zł7.0b | zł25.6b | zł1.1b | 6.5x | 6.1x | 0.3x |
| Thu, 31 Aug 2023 | zł5.9b | zł24.2b | zł821.2m | 6.3x | 7.2x | 0.2x |
| Sat, 29 Jul 2023 | zł5.8b | zł23.4b | zł991.9m | 7.1x | 5.8x | 0.2x |
| Mon, 26 Jun 2023 | zł5.6b | zł23.6b | zł902.0m | 10x | 6.2x | 0.2x |
| Wed, 24 May 2023 | zł5.7b | zł27.5b | zł228.2m | 7.4x | 25x | 0.2x |
| Fri, 21 Apr 2023 | zł5.7b | zł27.3b | zł166.0m | 7.3x | 34.3x | 0.2x |
| Sun, 19 Mar 2023 | zł5.2b | zł27.9b | zł155.9m | 7.5x | 33.2x | 0.2x |
| Tue, 14 Feb 2023 | zł5.2b | zł31.1b | zł191.0m | 9.2x | 27.3x | 0.2x |
| Thu, 12 Jan 2023 | zł5.1b | zł30.5b | zł107.1m | 7.3x | 47.7x | 0.2x |
| Sat, 10 Dec 2022 | zł4.9b | zł34.4b | zł379.2m | 7.1x | 13x | 0.1x |
| Mon, 07 Nov 2022 | zł4.8b | zł41.5b | zł2.7b | 4.6x | 1.8x | 0.1x |
| Wed, 05 Oct 2022 | zł5.1b | zł42.2b | zł2.7b | 4.6x | 1.9x | 0.1x |
| Fri, 02 Sep 2022 | zł5.1b | zł41.3b | zł2.6b | 5x | 1.9x | 0.1x |
| Sun, 31 Jul 2022 | zł5.7b | zł40.3b | zł3.2b | 5.4x | 1.8x | 0.1x |
| Tue, 28 Jun 2022 | zł5.2b | zł39.2b | zł3.2b | 4.5x | 1.6x | 0.1x |
| Thu, 26 May 2022 | zł6.0b | zł38.4b | zł3.7b | 5x | 1.6x | 0.2x |
| Sat, 23 Apr 2022 | zł6.4b | zł38.1b | zł3.8b | 4.2x | 1.7x | 0.2x |
| Mon, 21 Mar 2022 | zł6.7b | zł35.1b | zł3.4b | 4.3x | 2x | 0.2x |
| Wed, 16 Feb 2022 | zł8.9b | zł33.1b | zł3.2b | 6.8x | 2.8x | 0.3x |
| Fri, 14 Jan 2022 | zł9.5b | zł33.2b | zł3.2b | 7.5x | 3x | 0.3x |
| Sun, 12 Dec 2021 | zł9.5b | zł34.3b | zł3.3b | 7.1x | 2.9x | 0.3x |
| Tue, 09 Nov 2021 | zł10.6b | zł31.5b | zł3.1b | 8.4x | 3.4x | 0.3x |
| Thu, 07 Oct 2021 | zł10.5b | zł31.4b | zł3.1b | 8.1x | 3.4x | 0.3x |
| Sat, 04 Sep 2021 | zł10.1b | zł29.3b | zł2.6b | 8.8x | 3.9x | 0.3x |
| Mon, 02 Aug 2021 | zł9.8b | zł29.3b | zł2.6b | 8.7x | 3.7x | 0.3x |
Price to Earnings Ratio
3.7x
Current Industry PE
- Investors are optimistic on the Polish Food industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.4x which is higher than its 3-year average PE of 10.2x.
- The industry is trading close to its 3-year average PS ratio of 0.24x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 32% per year over the last three years,
- Revenues have also declined 4.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Polish Consumer Staples industry?
| PL Market | -2.84% | |
| Consumer Staples | -10.51% | |
| Food | 2.19% | |
| Agricultural Products | 4.14% | |
| Packaged Foods and Meats | 0.079% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio.
- 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, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.8x.
Forecasted Growth
- Despite it being negative, analysts are least pessimistic on the Packaged Foods and Meats industry since they expect its earnings to decline by only 1.4% per year over the next 5 years, which isn't as bad as the other industries.
- This is a reversal from its past annual earnings growth rate of 52% per year.
- In contrast, the Packaged Foods and Meats industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IMC IMC | zł12.10 | 20.4% +zł72.8m | -26.0% | PS0.7x | |
| TAR Tarczynski | zł108.50 | 5.9% +zł68.1m | 131.8% | PE7.3x | |
| GOB Gobarto | zł41.90 | 6.1% +zł66.7m | 129.0% | PE13.7x | |
| KER Kernel Holding | zł12.06 | 1.9% +zł64.6m | -11.0% | PE13.7x | |
| AST Astarta Holding | zł29.00 | 5.5% +zł36.5m | -12.4% | PE3.4x |
