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Singaporean (SGX) Food Industry Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies26
  • 7D-0.3%
  • 3M-1.7%
  • 1Y-10.5%
  • YTD-8.0%

In the last week, Food has been flat. As for the longer term, the industry has declined 11% in the last year. As for the next few years, earnings are expected to grow by 7.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023S$35.6bS$132.5bS$3.9b9.6x9.2x0.3x
Sat, 28 Oct 2023S$34.5bS$136.9bS$4.2b9x8.2x0.3x
Mon, 25 Sep 2023S$35.7bS$136.5bS$4.2b9.4x8.5x0.3x
Wed, 23 Aug 2023S$35.0bS$135.4bS$4.1b10.1x8.4x0.3x
Fri, 21 Jul 2023S$36.5bS$138.5bS$5.2b8.8x7x0.3x
Sun, 18 Jun 2023S$38.5bS$139.9bS$5.3b8.8x7.2x0.3x
Tue, 16 May 2023S$38.1bS$140.3bS$5.5b9.6x7x0.3x
Thu, 13 Apr 2023S$39.2bS$139.7bS$5.5b9.5x7.2x0.3x
Sat, 11 Mar 2023S$38.0bS$142.0bS$5.6b10.9x6.8x0.3x
Mon, 06 Feb 2023S$38.7bS$137.4bS$5.5b8.3x7.1x0.3x
Wed, 04 Jan 2023S$38.7bS$139.6bS$5.6b7.4x7x0.3x
Fri, 02 Dec 2022S$39.8bS$141.6bS$5.6b7.4x7.1x0.3x
Sun, 30 Oct 2022S$35.9bS$145.6bS$5.5b6.4x6.5x0.2x
Tue, 27 Sep 2022S$37.9bS$146.9bS$5.6b6.7x6.7x0.3x
Thu, 25 Aug 2022S$39.9bS$143.4bS$5.5b7x7.2x0.3x
Sat, 23 Jul 2022S$38.8bS$132.2bS$4.6b8.4x8.4x0.3x
Mon, 20 Jun 2022S$40.3bS$131.9bS$4.6b8.7x8.8x0.3x
Wed, 18 May 2022S$42.0bS$131.3bS$4.4b9.8x9.6x0.3x
Fri, 15 Apr 2022S$46.0bS$128.4bS$4.4b8.8x10.6x0.4x
Sun, 13 Mar 2022S$44.9bS$128.6bS$4.3b8.4x10.4x0.3x
Tue, 08 Feb 2022S$42.8bS$113.0bS$4.0b12x10.6x0.4x
Thu, 06 Jan 2022S$41.5bS$113.8bS$4.1b12.2x10.2x0.4x
Sat, 04 Dec 2021S$40.3bS$114.7bS$4.1b12.3x9.9x0.4x
Mon, 01 Nov 2021S$43.1bS$111.7bS$3.9b11x11.1x0.4x
Wed, 29 Sep 2021S$41.0bS$111.7bS$4.0b9.9x10.3x0.4x
Fri, 27 Aug 2021S$40.7bS$111.6bS$4.0b9.9x10.2x0.4x
Sat, 03 Jul 2021S$43.6bS$111.4bS$4.0b11.5x11x0.4x
Tue, 06 Apr 2021S$48.9bS$105.1bS$3.6b13.2x13.7x0.5x
Fri, 08 Jan 2021S$42.4bS$97.3bS$3.1b12x13.5x0.4x
Price to Earnings Ratio

12.3x


Total Market Cap: S$39.1bTotal Earnings: S$3.2bTotal Revenue: S$95.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food Industry Price to Earnings3Y Average 9.5x202120222023
Current Industry PE
  • Investors are relatively neutral on the Singaporean Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.5x.
  • The industry is trading close to its 3-year average PS ratio of 0.34x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 6.7% per year over the last three years.
  • Revenues for these companies have grown 12% 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 Singaporean Consumer Staples industry?

SG Market-0.74%
Consumer Staples-2.17%
Food-0.25%
Packaged Foods and Meats0.45%
Agricultural Products-0.39%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 10.9x.
    • Analysts are expecting annual earnings growth of 34.4%, which is higher than its past year's earnings growth of 6.7% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading close to its 3-year average of 9.6x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 34% over the next 5 years.
  • This is better than its past earnings growth rate of 6.7% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 5.6% 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
-8.6%PE7.1x
UD2 JapfaS$0.234.4%
+S$20.4m
-53.9%PS0.08x
F99 Fraser and NeaveS$1.070.9%
+S$14.6m
-15.1%PE11.7x
BEW JB FoodsS$0.495.4%
+S$7.6m
n/aPE6.3x
BNE Kencana AgriS$0.0825.0%
+S$4.6m
-42.9%PE18.4x
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F34

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E5H

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F99

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UD2

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7D

4.4%

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D03

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