Have your own idea? Try our Stock Screener
Singaporean (SGX) Food Industry Analysis
UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies22
- 7D-1.8%
- 3M1.8%
- 1Y-1.7%
- YTD2.1%
Over the last 7 days, the Food industry has dropped 1.8%, driven by Wilmar International declining 2.4%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 9.5% annually.
Industry Valuation and Performance
Has the Singaporean Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 21 Feb 2025 | S$33.0b | S$123.1b | S$3.3b | 9.4x | 9.9x | 0.3x |
| Sun, 19 Jan 2025 | S$32.3b | S$126.0b | S$3.4b | 9x | 9.5x | 0.3x |
| Tue, 17 Dec 2024 | S$32.2b | S$124.4b | S$3.3b | 8.9x | 9.6x | 0.3x |
| Thu, 14 Nov 2024 | S$32.8b | S$122.8b | S$3.2b | 9.2x | 10.1x | 0.3x |
| Sat, 12 Oct 2024 | S$33.9b | S$120.1b | S$3.2b | 9.7x | 10.6x | 0.3x |
| Mon, 09 Sep 2024 | S$32.3b | S$122.8b | S$3.0b | 9.6x | 10.9x | 0.3x |
| Wed, 07 Aug 2024 | S$31.2b | S$127.0b | S$3.0b | 10.2x | 10.5x | 0.2x |
| Fri, 05 Jul 2024 | S$32.0b | S$129.2b | S$2.9b | 10.6x | 10.9x | 0.2x |
| Sun, 02 Jun 2024 | S$31.8b | S$129.1b | S$3.0b | 11.1x | 10.5x | 0.2x |
| Tue, 30 Apr 2024 | S$33.7b | S$129.7b | S$3.0b | 10.5x | 11.1x | 0.3x |
| Thu, 28 Mar 2024 | S$34.1b | S$128.7b | S$3.0b | 10.5x | 11.3x | 0.3x |
| Sat, 24 Feb 2024 | S$33.9b | S$130.0b | S$3.5b | 9.6x | 9.7x | 0.3x |
| Mon, 22 Jan 2024 | S$33.7b | S$133.2b | S$3.8b | 9.2x | 8.8x | 0.3x |
| Wed, 20 Dec 2023 | S$34.0b | S$132.5b | S$3.8b | 9.3x | 9x | 0.3x |
| Fri, 17 Nov 2023 | S$35.6b | S$134.2b | S$3.9b | 9.4x | 9.1x | 0.3x |
| Sun, 15 Oct 2023 | S$35.1b | S$136.8b | S$4.2b | 9.1x | 8.4x | 0.3x |
| Tue, 12 Sep 2023 | S$35.5b | S$136.1b | S$4.2b | 9.4x | 8.5x | 0.3x |
| Thu, 10 Aug 2023 | S$36.9b | S$141.0b | S$5.3b | 8.7x | 7x | 0.3x |
| Sat, 08 Jul 2023 | S$35.5b | S$140.9b | S$5.3b | 8.9x | 6.7x | 0.3x |
| Mon, 05 Jun 2023 | S$37.2b | S$141.3b | S$5.4b | 8.6x | 6.9x | 0.3x |
| Wed, 03 May 2023 | S$37.8b | S$140.2b | S$5.4b | 9.3x | 7x | 0.3x |
| Fri, 31 Mar 2023 | S$39.7b | S$139.4b | S$5.5b | 8.5x | 7.2x | 0.3x |
| Sun, 26 Feb 2023 | S$38.0b | S$141.5b | S$5.7b | 8.2x | 6.7x | 0.3x |
| Tue, 24 Jan 2023 | S$38.4b | S$136.9b | S$5.5b | 8x | 7x | 0.3x |
| Thu, 22 Dec 2022 | S$39.2b | S$140.1b | S$5.6b | 7.3x | 7x | 0.3x |
| Sat, 19 Nov 2022 | S$40.0b | S$142.7b | S$5.7b | 7.4x | 7.1x | 0.3x |
| Mon, 17 Oct 2022 | S$35.1b | S$146.6b | S$5.6b | 6.7x | 6.3x | 0.2x |
| Wed, 14 Sep 2022 | S$39.9b | S$144.2b | S$5.5b | 7.9x | 7.2x | 0.3x |
| Fri, 12 Aug 2022 | S$40.7b | S$139.1b | S$5.0b | 8.2x | 8.1x | 0.3x |
| Sun, 10 Jul 2022 | S$40.2b | S$132.7b | S$4.6b | 8.6x | 8.7x | 0.3x |
| Tue, 07 Jun 2022 | S$42.6b | S$130.6b | S$4.5b | 9.1x | 9.4x | 0.3x |
| Thu, 05 May 2022 | S$44.7b | S$130.4b | S$4.4b | 10.2x | 10.2x | 0.3x |
| Sat, 02 Apr 2022 | S$46.2b | S$127.8b | S$4.3b | 8.9x | 10.8x | 0.4x |
| Mon, 28 Feb 2022 | S$43.9b | S$125.6b | S$4.5b | 11.6x | 9.8x | 0.3x |
Price to Earnings Ratio
9.8x
Current Industry PE
- Investors are optimistic on the Singaporean Food industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 9.9x which is higher than its 3-year average PE of 8.9x.
- The industry is trading close to its 3-year average PS ratio of 0.27x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 9.4% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Singaporean Consumer Staples industry?
| SG Market | 0.77% | |
| Consumer Staples | -1.28% | |
| Food | -1.79% | |
| Packaged Foods and Meats | 0.39% | |
| Agricultural Products | -2.28% | |
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 12.6x.
- Analysts are expecting annual earnings growth of 12.8%, which is lower than the prior year's growth of 40.7% per year.
- 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 of 8.4x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 9.2% 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 | |
|---|---|---|---|---|---|
| P8Z Bumitama Agri | S$0.83 | 2.5% +S$34.7m | 32.5% | PE8.3x | |
| F99 Fraser and Neave | S$1.31 | 0.8% +S$14.5m | 24.8% | PE12x | |
| F03 Food Empire Holdings | S$0.99 | 2.1% +S$10.5m | -28.9% | PE7.3x | |
| P34 Delfi | S$0.74 | 2.1% +S$9.2m | -28.4% | PE8.4x | |
| MV4 Mewah International | S$0.27 | 1.9% +S$7.5m | -1.8% | PE6.2x |