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Singaporean (SGX) Food Industry Analysis

UpdatedSep 06, 2024
DataAggregated Company Financials
Companies24
  • 7D-0.3%
  • 3M1.5%
  • 1Y-8.7%
  • YTD-6.3%

Over the last 7 days, the Food industry has remained flat. Unfortunately though, the industry is down 8.7% over the past 12 months. Looking forward, earnings are forecast to grow by 6.7% annually.

Industry Valuation and Performance

Has the Singaporean Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Sep 2024S$32.3bS$122.7bS$3.0b9.6x10.9x0.3x
Sun, 04 Aug 2024S$32.6bS$126.9bS$3.0b10.7x11x0.3x
Tue, 02 Jul 2024S$31.7bS$129.6bS$3.0b10.5x10.8x0.2x
Thu, 30 May 2024S$32.0bS$129.0bS$3.0b11.1x10.6x0.2x
Sat, 27 Apr 2024S$34.4bS$129.8bS$3.0b10.6x11.3x0.3x
Mon, 25 Mar 2024S$33.7bS$128.9bS$3.0b10.4x11.1x0.3x
Wed, 21 Feb 2024S$32.9bS$133.6bS$3.8b9.5x8.6x0.2x
Fri, 19 Jan 2024S$33.5bS$133.5bS$3.8b9.1x8.7x0.3x
Sun, 17 Dec 2023S$34.0bS$132.5bS$3.8b9.3x9x0.3x
Tue, 14 Nov 2023S$35.1bS$135.9bS$4.2b9.2x8.3x0.3x
Thu, 12 Oct 2023S$36.1bS$136.2bS$4.2b9.5x8.6x0.3x
Sat, 09 Sep 2023S$35.3bS$136.4bS$4.2b9.3x8.4x0.3x
Mon, 07 Aug 2023S$36.7bS$140.2bS$5.3b8.7x7x0.3x
Wed, 05 Jul 2023S$35.5bS$141.2bS$5.3b8.9x6.7x0.3x
Fri, 02 Jun 2023S$37.2bS$141.5bS$5.4b9.6x6.9x0.3x
Sun, 30 Apr 2023S$37.8bS$140.0bS$5.4b9.3x7x0.3x
Tue, 28 Mar 2023S$39.6bS$139.8bS$5.5b8.2x7.2x0.3x
Thu, 23 Feb 2023S$38.3bS$140.4bS$5.7b8.4x6.8x0.3x
Sat, 21 Jan 2023S$38.4bS$137.3bS$5.5b8x7x0.3x
Mon, 19 Dec 2022S$39.2bS$140.7bS$5.6b7.1x7x0.3x
Wed, 16 Nov 2022S$40.0bS$141.8bS$5.4b7.3x7.4x0.3x
Fri, 14 Oct 2022S$35.4bS$147.7bS$5.6b6.7x6.3x0.2x
Sun, 11 Sep 2022S$39.2bS$144.2bS$5.5b7.8x7.1x0.3x
Tue, 09 Aug 2022S$39.9bS$140.5bS$5.1b8x7.9x0.3x
Thu, 07 Jul 2022S$39.3bS$133.5bS$4.7b8.4x8.4x0.3x
Sat, 04 Jun 2022S$42.1bS$130.2bS$4.5b9.2x9.3x0.3x
Mon, 02 May 2022S$44.7bS$130.2bS$4.4b10.2x10.2x0.3x
Wed, 30 Mar 2022S$47.0bS$128.5bS$4.3b8.2x10.9x0.4x
Fri, 25 Feb 2022S$43.0bS$124.3bS$4.3b11x9.9x0.3x
Sun, 23 Jan 2022S$42.4bS$112.9bS$4.0b12.2x10.5x0.4x
Tue, 21 Dec 2021S$39.6bS$114.5bS$4.1b12x9.7x0.3x
Thu, 18 Nov 2021S$42.2bS$112.2bS$3.9b12.7x10.9x0.4x
Sat, 16 Oct 2021S$43.4bS$111.4bS$4.0b10.8x10.9x0.4x
Mon, 13 Sep 2021S$40.7bS$111.0bS$3.9b9.8x10.3x0.4x
Price to Earnings Ratio

10.3x


Total Market Cap: S$40.7bTotal Earnings: S$3.9bTotal Revenue: S$111.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food Industry Price to Earnings3Y Average 8.9x202220232024
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 10.9x 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 0.29x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 9.0% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.4% per year.
  • This means that although more sales are being generated, 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 Market1.37%
Consumer Staples-0.22%
Food-0.29%
Agricultural Products-0.23%
Packaged Foods and Meats-0.55%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 12.4x.
    • Analysts are expecting annual earnings growth of 8.0%, which is lower than the prior year's growth of 12.7% 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 8.6x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 8.0% over the next 5 years.
  • However this is lower than its past earnings growth rate of 13% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 6.5% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
E5H Golden Agri-ResourcesS$0.271.9%
+S$63.4m
12.5%PE22.4x
579 Oceanus GroupS$0.00814.3%
+S$25.7m
-20.0%PS0.6x
P74 China Kangda FoodS$0.056115.4%
+S$13.6m
93.1%PS0.08x
5EG Zhongxin Fruit and JuiceS$0.02229.4%
+S$5.3m
10.0%PE56x
42W Zixin Group HoldingsS$0.02215.8%
+S$4.8m
-29.0%PE14.3x
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Latest News

MV4

S$0.28

Mewah International

7D

-3.5%

1Y

1.9%

5EG

S$0.022

Zhongxin Fruit and Juice

7D

29.4%

1Y

10.0%

P8Z

S$0.71

Bumitama Agri

7D

-2.1%

1Y

25.7%

P74

S$0.056

China Kangda Food

7D

115.4%

1Y

93.1%

E5H

S$0.27

Golden Agri-Resources

7D

1.9%

1Y

12.5%

579

S$0.008

Oceanus Group

7D

14.3%

1Y

-20.0%

EB5

S$1.46

First Resources

7D

-1.4%

1Y

-3.9%

5HG

S$0.006

Edition

7D

20.0%

1Y

n/a

F03

S$0.97

Food Empire Holdings

7D

0.5%

1Y

-6.7%

Q01

S$0.81

QAF

7D

-1.2%

1Y

1.9%

42W

S$0.022

Zixin Group Holdings

7D

15.8%

1Y

-29.0%