Gobarto S.A.'s (WSE:GOB) 42% Share Price Surge Not Quite Adding Up
Apr 06
Polish (WIG) Food Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies22
- 7D-2.0%
- 3M5.6%
- 1Y-13.8%
- YTD7.5%
Over the last 7 days, the Food industry has dropped 2.0%, driven by a pullback from Gobarto of 7.5%. Meanwhile, Tarczynski actually outperformed within the industry, gaining 5.1% in the last week. The industry has fallen 14% in the last year. Looking forward, earnings are expected to remain mostly flat in the next few years.
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 |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | zł8.4b | zł25.4b | zł817.6m | 10x | 10.2x | 0.3x |
| Fri, 22 Mar 2024 | zł8.0b | zł24.8b | zł793.1m | 9.3x | 10.1x | 0.3x |
| Sun, 18 Feb 2024 | zł8.2b | zł25.8b | zł1.1b | 8.9x | 7.6x | 0.3x |
| Tue, 16 Jan 2024 | zł7.8b | zł25.7b | zł1.1b | 8.8x | 7.3x | 0.3x |
| Thu, 14 Dec 2023 | zł7.1b | zł26.1b | zł1.8b | 9.4x | 3.9x | 0.3x |
| Sat, 11 Nov 2023 | zł7.0b | zł26.3b | zł2.1b | 7.3x | 3.3x | 0.3x |
| Mon, 09 Oct 2023 | zł6.9b | zł25.6b | zł1.2b | 6.5x | 6x | 0.3x |
| Wed, 06 Sep 2023 | zł5.6b | zł24.5b | zł1.1b | 6x | 5.3x | 0.2x |
| Fri, 04 Aug 2023 | zł6.0b | zł23.7b | zł1.0b | 7.5x | 6x | 0.3x |
| Sun, 02 Jul 2023 | zł5.5b | zł23.6b | zł900.4m | 10.7x | 6.2x | 0.2x |
| Tue, 30 May 2023 | zł5.8b | zł27.8b | zł226.9m | 7.7x | 25.4x | 0.2x |
| Thu, 27 Apr 2023 | zł5.7b | zł27.1b | zł109.4m | 7.4x | 52.4x | 0.2x |
| Sat, 25 Mar 2023 | zł5.2b | zł27.8b | zł149.4m | 7.6x | 35.1x | 0.2x |
| Mon, 20 Feb 2023 | zł5.2b | zł31.0b | zł183.1m | 7.7x | 28.6x | 0.2x |
| Wed, 18 Jan 2023 | zł5.1b | zł30.5b | zł107.4m | 7.4x | 47.5x | 0.2x |
| Fri, 16 Dec 2022 | zł4.9b | zł31.1b | zł160.5m | 7.1x | 30.7x | 0.2x |
| Sun, 13 Nov 2022 | zł4.9b | zł40.0b | zł2.6b | 4.6x | 1.8x | 0.1x |
| Tue, 11 Oct 2022 | zł5.0b | zł43.5b | zł2.8b | 4.6x | 1.8x | 0.1x |
| Thu, 08 Sep 2022 | zł5.0b | zł41.4b | zł2.7b | 5x | 1.9x | 0.1x |
| Sat, 06 Aug 2022 | zł5.7b | zł40.3b | zł3.2b | 5.1x | 1.8x | 0.1x |
| Mon, 04 Jul 2022 | zł5.1b | zł39.9b | zł3.3b | 5.5x | 1.5x | 0.1x |
| Wed, 01 Jun 2022 | zł5.9b | zł37.9b | zł3.2b | 4.8x | 1.8x | 0.2x |
| Fri, 29 Apr 2022 | zł5.6b | zł39.3b | zł3.9b | 4.1x | 1.5x | 0.1x |
| Sun, 27 Mar 2022 | zł6.4b | zł35.3b | zł3.4b | 4.2x | 1.9x | 0.2x |
| Tue, 22 Feb 2022 | zł8.1b | zł33.4b | zł3.2b | 3.9x | 2.5x | 0.2x |
| Thu, 20 Jan 2022 | zł9.0b | zł33.3b | zł3.2b | 6.9x | 2.8x | 0.3x |
| Sat, 18 Dec 2021 | zł9.2b | zł34.5b | zł3.4b | 6.8x | 2.8x | 0.3x |
| Mon, 15 Nov 2021 | zł10.4b | zł32.4b | zł3.3b | 7.2x | 3.1x | 0.3x |
| Wed, 13 Oct 2021 | zł10.7b | zł31.5b | zł3.1b | 8x | 3.4x | 0.3x |
| Fri, 10 Sep 2021 | zł10.2b | zł29.4b | zł2.6b | 8.8x | 3.9x | 0.3x |
| Sun, 08 Aug 2021 | zł9.8b | zł29.3b | zł2.6b | 8.8x | 3.8x | 0.3x |
| Sat, 01 May 2021 | zł9.0b | zł29.5b | zł2.1b | 9.5x | 4.2x | 0.3x |
Price to Earnings Ratio
4.2x
Current Industry PE
- Investors are relatively neutral on the Polish 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 9.7x.
- 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 27% per year over the last three years,
- Revenues have also declined 4.9% 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 | 3.47% | |
| Consumer Staples | 3.72% | |
| Food | -1.99% | |
| Agricultural Products | -1.26% | |
| Packaged Foods and Meats | -2.73% | |
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 7.9x.
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 0.2% 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 105% 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 | |
|---|---|---|---|---|---|
| TAR Tarczynski | zł51.80 | 2.8% +zł15.9m | -1.9% | PE8.7x | |
| OVO Ovostar Union | zł70.00 | 1.4% +zł6.0m | 69.1% | PE3.2x | |
| ONO onesano | zł1.38 | 4.2% +zł3.6m | -11.8% | PS6.9x | |
| ESG E-shopping Group | zł0.13 | 15.2% +zł2.4m | -22.8% | PS11.2x | |
| MLK MLK Foods | zł0.60 | 3.4% +zł625.0k | -30.2% | n/a |
