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Saudi Arabian (Tadawul) Food Industry Analysis
UpdatedOct 20, 2024
DataAggregated Company Financials
Companies23
- 7D1.4%
- 3M-17.3%
- 1Y-5.7%
- YTD-6.1%
Over the last 7 days, the Food industry has risen 1.4%, driven by gains from Almarai of 1.2%. During this same period, the Sinad Holding underperformed, falling 5.5%. In contrast, the industry has lost 5.7% in the last 12 months. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 21 Oct 2024 | ر.س135.7b | ر.س63.4b | ر.س4.9b | 22.3x | 27.9x | 2.1x |
| Wed, 18 Sep 2024 | ر.س132.4b | ر.س62.1b | ر.س4.5b | 22.6x | 29.2x | 2.1x |
| Fri, 16 Aug 2024 | ر.س122.9b | ر.س61.9b | ر.س4.5b | 23.5x | 27.4x | 2x |
| Sun, 14 Jul 2024 | ر.س127.1b | ر.س62.3b | ر.س4.3b | 25.5x | 29.3x | 2x |
| Tue, 11 Jun 2024 | ر.س123.1b | ر.س61.9b | ر.س4.3b | 25.7x | 28.7x | 2x |
| Thu, 09 May 2024 | ر.س130.1b | ر.س61.7b | ر.س4.3b | 26.6x | 30x | 2.1x |
| Sat, 06 Apr 2024 | ر.س130.8b | ر.س61.2b | ر.س4.2b | 28.1x | 31x | 2.1x |
| Mon, 04 Mar 2024 | ر.س130.7b | ر.س60.2b | ر.س4.1b | 29.8x | 31.8x | 2.2x |
| Wed, 31 Jan 2024 | ر.س112.5b | ر.س59.9b | ر.س3.8b | 26.3x | 29.4x | 1.9x |
| Fri, 29 Dec 2023 | ر.س107.6b | ر.س59.9b | ر.س3.8b | 25.9x | 28x | 1.8x |
| Sun, 26 Nov 2023 | ر.س104.4b | ر.س59.9b | ر.س3.8b | 24.2x | 27.2x | 1.7x |
| Tue, 24 Oct 2023 | ر.س111.0b | ر.س60.3b | ر.س3.7b | 24.6x | 30.2x | 1.8x |
| Thu, 21 Sep 2023 | ر.س116.0b | ر.س60.3b | ر.س3.7b | 29.4x | 31.6x | 1.9x |
| Sat, 19 Aug 2023 | ر.س120.4b | ر.س60.3b | ر.س3.7b | 30.9x | 32.9x | 2x |
| Mon, 17 Jul 2023 | ر.س123.9b | ر.س60.8b | ر.س3.7b | 34.3x | 33.5x | 2x |
| Wed, 14 Jun 2023 | ر.س111.4b | ر.س59.5b | ر.س3.4b | 30.5x | 32.8x | 1.9x |
| Fri, 12 May 2023 | ر.س102.8b | ر.س59.0b | ر.س3.3b | 36.2x | 31.6x | 1.7x |
| Sun, 09 Apr 2023 | ر.س98.2b | ر.س58.4b | ر.س2.9b | 31.7x | 33.3x | 1.7x |
| Tue, 07 Mar 2023 | ر.س92.2b | ر.س58.2b | ر.س2.2b | 42.1x | 41.3x | 1.6x |
| Thu, 02 Feb 2023 | ر.س94.0b | ر.س58.2b | ر.س2.2b | 44.9x | 42.1x | 1.6x |
| Sat, 31 Dec 2022 | ر.س88.3b | ر.س57.2b | ر.س2.1b | 53.1x | 41.9x | 1.5x |
| Mon, 28 Nov 2022 | ر.س88.9b | ر.س57.0b | ر.س2.1b | 53.4x | 42.6x | 1.6x |
| Wed, 26 Oct 2022 | ر.س94.2b | ر.س55.7b | ر.س2.0b | 59.7x | 46.4x | 1.7x |
| Fri, 23 Sep 2022 | ر.س91.4b | ر.س54.7b | ر.س1.9b | 61.7x | 47x | 1.7x |
| Sun, 21 Aug 2022 | ر.س94.6b | ر.س53.5b | ر.س1.9b | 51.4x | 49.7x | 1.8x |
| Tue, 19 Jul 2022 | ر.س89.3b | ر.س52.6b | ر.س1.8b | 45.6x | 49.1x | 1.7x |
| Thu, 16 Jun 2022 | ر.س91.3b | ر.س52.6b | ر.س1.8b | 48.8x | 50.1x | 1.7x |
| Sat, 14 May 2022 | ر.س93.6b | ر.س50.8b | ر.س1.7b | 74.9x | 56x | 1.8x |
| Mon, 11 Apr 2022 | ر.س96.8b | ر.س49.8b | ر.س1.7b | 71.9x | 58.5x | 1.9x |
| Wed, 09 Mar 2022 | ر.س92.8b | ر.س49.7b | ر.س1.8b | 74.7x | 50.7x | 1.9x |
| Fri, 04 Feb 2022 | ر.س93.1b | ر.س49.5b | ر.س1.9b | 58.2x | 49.7x | 1.9x |
| Sun, 02 Jan 2022 | ر.س90.0b | ر.س47.5b | ر.س2.2b | 32.7x | 40.4x | 1.9x |
| Tue, 30 Nov 2021 | ر.س87.6b | ر.س47.5b | ر.س2.2b | 31.6x | 39.3x | 1.8x |
| Thu, 28 Oct 2021 | ر.س100.1b | ر.س45.9b | ر.س2.4b | 33x | 41.1x | 2.2x |
Price to Earnings Ratio
41.1x
Current Industry PE
- Investors are pessimistic on the Saudi Food 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 27.9x which is lower than its 3-year average PE of 38.0x.
- The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 11% 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 Saudi Arabian Consumer Staples industry?
| SA Market | -0.43% | |
| Consumer Staples | 1.27% | |
| Food | 1.35% | |
| Packaged Foods and Meats | 1.44% | |
| Agricultural Products | 0.59% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 34.1x.
- Analysts expect its future annual earnings growth (19.3%) to be largely in line with prior year's earnings growth.
- Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 19% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 14% per year 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 | |
|---|---|---|---|---|---|
| 2050 Savola Group | ر.س27.10 | 1.9% +ر.س565.9m | -24.0% | PE35.7x | |
| 2280 Almarai | ر.س56.80 | 0.9% +ر.س500.0m | 3.1% | PE25.2x | |
| 2270 Saudia Dairy & Foodstuff | ر.س377.60 | 2.4% +ر.س288.0m | 32.3% | PE24.6x | |
| 6070 Al-Jouf Agricultural Development | ر.س66.40 | 4.6% +ر.س87.0m | 47.1% | PE23.2x | |
| 9559 Balady Poultry | ر.س370.00 | 3.4% +ر.س78.8m | 183.3% | PE18.3x |
