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Singaporean (SGX) Food Industry Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies25
  • 7D2.6%
  • 3M3.2%
  • 1Y-11.1%
  • YTD-0.1%

In the last week, the Food industry is up 1.7%, with Wilmar International up 3.3%. In contrast, the industry has lost 11% in the last 12 months. Earnings are forecast to grow by 9.6% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Apr 2024S$34.5bS$129.9bS$3.0b10.6x11.3x0.3x
Sat, 23 Mar 2024S$33.7bS$128.8bS$3.0b10.4x11.1x0.3x
Mon, 19 Feb 2024S$32.9bS$133.7bS$3.8b9.2x8.6x0.2x
Wed, 17 Jan 2024S$34.0bS$133.2bS$3.8b9.3x8.9x0.3x
Fri, 15 Dec 2023S$34.0bS$132.2bS$3.8b9.3x9x0.3x
Sun, 12 Nov 2023S$35.1bS$136.0bS$4.2b9.2x8.3x0.3x
Tue, 10 Oct 2023S$35.4bS$136.7bS$4.2b9.3x8.4x0.3x
Thu, 07 Sep 2023S$35.7bS$136.0bS$4.2b9.6x8.6x0.3x
Sat, 05 Aug 2023S$36.7bS$140.5bS$5.3b8.7x7x0.3x
Mon, 03 Jul 2023S$36.2bS$141.5bS$5.3b8.9x6.8x0.3x
Wed, 31 May 2023S$37.8bS$141.4bS$5.4b9.4x7x0.3x
Fri, 28 Apr 2023S$37.9bS$140.2bS$5.5b9.3x6.9x0.3x
Sun, 26 Mar 2023S$39.4bS$139.9bS$5.5b8.8x7.2x0.3x
Tue, 21 Feb 2023S$38.4bS$138.6bS$5.5b8.6x7x0.3x
Thu, 19 Jan 2023S$38.7bS$136.9bS$5.5b7.8x7.1x0.3x
Sat, 17 Dec 2022S$39.2bS$140.6bS$5.6b7.1x7x0.3x
Mon, 14 Nov 2022S$38.8bS$142.0bS$5.4b6.8x7.2x0.3x
Wed, 12 Oct 2022S$36.0bS$148.0bS$5.7b6.9x6.4x0.2x
Fri, 09 Sep 2022S$39.1bS$144.9bS$5.6b6.4x7x0.3x
Sun, 07 Aug 2022S$41.4bS$131.3bS$4.5b9.1x9.2x0.3x
Tue, 05 Jul 2022S$39.9bS$132.6bS$4.6b8.5x8.6x0.3x
Thu, 02 Jun 2022S$41.9bS$130.1bS$4.5b10.2x9.3x0.3x
Sat, 30 Apr 2022S$44.7bS$130.5bS$4.4b8.2x10.1x0.3x
Mon, 28 Mar 2022S$47.1bS$128.2bS$4.3b8.3x10.9x0.4x
Wed, 23 Feb 2022S$44.6bS$113.0bS$4.0b11.2x11x0.4x
Fri, 21 Jan 2022S$42.4bS$113.1bS$4.0b12.1x10.5x0.4x
Sun, 19 Dec 2021S$39.9bS$114.5bS$4.1b12.4x9.8x0.3x
Tue, 16 Nov 2021S$42.8bS$111.8bS$3.9b12.7x11x0.4x
Thu, 14 Oct 2021S$43.8bS$112.0bS$4.0b10.9x11x0.4x
Sat, 11 Sep 2021S$41.1bS$111.0bS$3.9b9.8x10.4x0.4x
Mon, 09 Aug 2021S$43.0bS$111.6bS$4.0b10.4x10.8x0.4x
Sun, 02 May 2021S$48.7bS$104.9bS$3.6b12.6x13.5x0.5x
Price to Earnings Ratio

13.5x


Total Market Cap: S$48.7bTotal Earnings: S$3.6bTotal Revenue: S$104.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food Industry Price to Earnings3Y Average 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 11.2x which is higher than its 3-year average PE of 9.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.31x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 5.5% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.4% 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 Market3.66%
Consumer Staples2.47%
Food2.62%
Agricultural Products2.89%
Packaged Foods and Meats1.25%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 11.5x.
    • Analysts are expecting annual earnings growth of 27.8%, which is higher than its past year's earnings growth of 5.4% 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 8.9x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 5.4% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 8.5% 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
F34 Wilmar InternationalS$3.483.3%
+S$686.7m		-15.3%PE10.5x
EB5 First ResourcesS$1.434.4%
+S$93.4m		-6.5%PE11.2x
F99 Fraser and NeaveS$1.033.0%
+S$43.7m		-8.0%PE10.1x
UD2 JapfaS$0.276.0%
+S$30.6m		26.2%PS0.09x
P8Z Bumitama AgriS$0.752.0%
+S$26.0m		30.4%PE6.3x
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