What You Can Learn From Horizon Food Company Limited's (TADAWUL:9564) P/E
Jul 23
Saudi Arabian (Tadawul) Packaged Foods and Meats Industry Analysis
UpdatedJul 24, 2024
DataAggregated Company Financials
Companies15
- 7D2.9%
- 3M1.9%
- 1Y-3.0%
- YTDn/a
The Packaged Foods and Meats industry is up 3.3% in the last week, with Almarai up 5.2%. In the same time, Horizon Food was down 11%. Despite this gain, the industry's performance has been flat over the past year. Looking forward, earnings are forecast to grow by 15% annually.
Industry Valuation and Performance
Has the Saudi Arabian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jul 2024 | ر.س116.8b | ر.س58.1b | ر.س3.9b | 26.1x | 30.3x | 2x |
| Fri, 21 Jun 2024 | ر.س107.9b | ر.س57.7b | ر.س3.8b | 26x | 28.5x | 1.9x |
| Sun, 19 May 2024 | ر.س110.4b | ر.س57.6b | ر.س3.8b | 25.9x | 29.4x | 1.9x |
| Tue, 16 Apr 2024 | ر.س118.4b | ر.س57.1b | ر.س3.7b | 28.5x | 31.7x | 2.1x |
| Thu, 14 Mar 2024 | ر.س117.8b | ر.س56.2b | ر.س3.6b | 31.6x | 32.3x | 2.1x |
| Sat, 10 Feb 2024 | ر.س112.2b | ر.س56.0b | ر.س3.6b | 29x | 31x | 2x |
| Mon, 08 Jan 2024 | ر.س109.9b | ر.س56.0b | ر.س3.5b | 28.9x | 31.7x | 2x |
| Wed, 06 Dec 2023 | ر.س101.4b | ر.س56.0b | ر.س3.5b | 26.4x | 29.2x | 1.8x |
| Fri, 03 Nov 2023 | ر.س96.0b | ر.س56.6b | ر.س3.5b | 24.3x | 27.3x | 1.7x |
| Sun, 01 Oct 2023 | ر.س106.6b | ر.س56.5b | ر.س3.5b | 28.4x | 30.8x | 1.9x |
| Tue, 29 Aug 2023 | ر.س111.8b | ر.س56.5b | ر.س3.5b | 28.7x | 32.1x | 2x |
| Thu, 27 Jul 2023 | ر.س117.2b | ر.س57.3b | ر.س3.6b | 33.9x | 32.8x | 2x |
| Sat, 24 Jun 2023 | ر.س107.5b | ر.س56.9b | ر.س3.5b | 30.7x | 30.8x | 1.9x |
| Mon, 22 May 2023 | ر.س96.3b | ر.س55.8b | ر.س3.2b | 34x | 29.9x | 1.7x |
| Wed, 19 Apr 2023 | ر.س92.5b | ر.س54.9b | ر.س2.9b | 37.4x | 31.8x | 1.7x |
| Fri, 17 Mar 2023 | ر.س83.7b | ر.س54.6b | ر.س2.4b | 35.8x | 34.6x | 1.5x |
| Sun, 12 Feb 2023 | ر.س83.2b | ر.س54.8b | ر.س2.4b | 48.9x | 34.7x | 1.5x |
| Tue, 10 Jan 2023 | ر.س83.7b | ر.س53.9b | ر.س2.3b | 52.6x | 36.9x | 1.6x |
| Thu, 08 Dec 2022 | ر.س80.4b | ر.س53.9b | ر.س2.3b | 49.8x | 35.4x | 1.5x |
| Sat, 05 Nov 2022 | ر.س86.3b | ر.س53.7b | ر.س2.3b | 84.3x | 38x | 1.6x |
| Mon, 03 Oct 2022 | ر.س84.3b | ر.س51.7b | ر.س2.2b | 59.4x | 38.6x | 1.6x |
| Wed, 31 Aug 2022 | ر.س85.7b | ر.س51.7b | ر.س2.2b | 50x | 39.2x | 1.7x |
| Fri, 29 Jul 2022 | ر.س83.7b | ر.س50.4b | ر.س2.2b | 34.8x | 38.6x | 1.7x |
| Sun, 26 Jun 2022 | ر.س84.0b | ر.س49.8b | ر.س2.1b | 33.6x | 39.4x | 1.7x |
| Tue, 24 May 2022 | ر.س85.8b | ر.س49.7b | ر.س2.1b | 32.8x | 40.5x | 1.7x |
| Thu, 21 Apr 2022 | ر.س86.1b | ر.س47.9b | ر.س2.0b | 62.4x | 42.8x | 1.8x |
| Sat, 19 Mar 2022 | ر.س83.8b | ر.س47.0b | ر.س2.0b | 56.3x | 42.5x | 1.8x |
| Mon, 14 Feb 2022 | ر.س84.2b | ر.س46.8b | ر.س2.0b | n/a | 41.8x | 1.8x |
| Wed, 12 Jan 2022 | ر.س81.3b | ر.س44.7b | ر.س2.4b | 30.1x | 34.3x | 1.8x |
| Fri, 10 Dec 2021 | ر.س82.1b | ر.س44.7b | ر.س2.4b | 29.9x | 34.6x | 1.8x |
| Sun, 07 Nov 2021 | ر.س88.1b | ر.س44.7b | ر.س2.4b | 32.3x | 36.8x | 2x |
| Tue, 05 Oct 2021 | ر.س94.9b | ر.س43.1b | ر.س2.8b | 30.4x | 34x | 2.2x |
| Thu, 02 Sep 2021 | ر.س97.3b | ر.س43.1b | ر.س2.8b | 31.5x | 34.8x | 2.3x |
| Sat, 31 Jul 2021 | ر.س98.3b | ر.س41.8b | ر.س2.7b | 32.9x | 36.1x | 2.4x |
Price to Earnings Ratio
36.1x
Current Industry PE
- Investors are pessimistic on the Saudi 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 30.3x which is lower than its 3-year average PE of 34.6x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 10% 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 Saudi Arabian Packaged Foods and Meats compare with similar industries?
| SA Market | -0.25% | |
| Consumer Staples | 1.68% | |
| Food | 2.29% | |
| Packaged Foods and Meats | 2.90% | |
| Agricultural Products | -2.60% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 2280 Almarai | ر.س60.60 | 4.1% +ر.س2.4b | -10.0% | PE27.9x | |
| 2050 Savola Group | ر.س48.15 | 3.0% +ر.س744.5m | 16.0% | PE29.9x | |
| 2281 Tanmiah Food | ر.س129.00 | 4.9% +ر.س120.0m | 12.8% | PE28.9x | |
| 2284 Modern Mills | ر.س53.50 | 1.9% +ر.س81.8m | n/a | PE21.6x | |
| 9556 Nofoth Food Products | ر.س19.78 | 6.9% +ر.س61.4m | 145.7% | PE22.3x |