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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 Nov 2023 | S$35.6b | S$132.5b | S$3.9b | 9.6x | 9.2x | 0.3x |
| Sat, 28 Oct 2023 | S$34.5b | S$136.9b | S$4.2b | 9x | 8.2x | 0.3x |
| Mon, 25 Sep 2023 | S$35.7b | S$136.5b | S$4.2b | 9.4x | 8.5x | 0.3x |
| Wed, 23 Aug 2023 | S$35.0b | S$135.4b | S$4.1b | 10.1x | 8.4x | 0.3x |
| Fri, 21 Jul 2023 | S$36.5b | S$138.5b | S$5.2b | 8.8x | 7x | 0.3x |
| Sun, 18 Jun 2023 | S$38.5b | S$139.9b | S$5.3b | 8.8x | 7.2x | 0.3x |
| Tue, 16 May 2023 | S$38.1b | S$140.3b | S$5.5b | 9.6x | 7x | 0.3x |
| Thu, 13 Apr 2023 | S$39.2b | S$139.7b | S$5.5b | 9.5x | 7.2x | 0.3x |
| Sat, 11 Mar 2023 | S$38.0b | S$142.0b | S$5.6b | 10.9x | 6.8x | 0.3x |
| Mon, 06 Feb 2023 | S$38.7b | S$137.4b | S$5.5b | 8.3x | 7.1x | 0.3x |
| Wed, 04 Jan 2023 | S$38.7b | S$139.6b | S$5.6b | 7.4x | 7x | 0.3x |
| Fri, 02 Dec 2022 | S$39.8b | S$141.6b | S$5.6b | 7.4x | 7.1x | 0.3x |
| Sun, 30 Oct 2022 | S$35.9b | S$145.6b | S$5.5b | 6.4x | 6.5x | 0.2x |
| Tue, 27 Sep 2022 | S$37.9b | S$146.9b | S$5.6b | 6.7x | 6.7x | 0.3x |
| Thu, 25 Aug 2022 | S$39.9b | S$143.4b | S$5.5b | 7x | 7.2x | 0.3x |
| Sat, 23 Jul 2022 | S$38.8b | S$132.2b | S$4.6b | 8.4x | 8.4x | 0.3x |
| Mon, 20 Jun 2022 | S$40.3b | S$131.9b | S$4.6b | 8.7x | 8.8x | 0.3x |
| Wed, 18 May 2022 | S$42.0b | S$131.3b | S$4.4b | 9.8x | 9.6x | 0.3x |
| Fri, 15 Apr 2022 | S$46.0b | S$128.4b | S$4.4b | 8.8x | 10.6x | 0.4x |
| Sun, 13 Mar 2022 | S$44.9b | S$128.6b | S$4.3b | 8.4x | 10.4x | 0.3x |
| Tue, 08 Feb 2022 | S$42.8b | S$113.0b | S$4.0b | 12x | 10.6x | 0.4x |
| Thu, 06 Jan 2022 | S$41.5b | S$113.8b | S$4.1b | 12.2x | 10.2x | 0.4x |
| Sat, 04 Dec 2021 | S$40.3b | S$114.7b | S$4.1b | 12.3x | 9.9x | 0.4x |
| Mon, 01 Nov 2021 | S$43.1b | S$111.7b | S$3.9b | 11x | 11.1x | 0.4x |
| Wed, 29 Sep 2021 | S$41.0b | S$111.7b | S$4.0b | 9.9x | 10.3x | 0.4x |
| Fri, 27 Aug 2021 | S$40.7b | S$111.6b | S$4.0b | 9.9x | 10.2x | 0.4x |
| Sat, 03 Jul 2021 | S$43.6b | S$111.4b | S$4.0b | 11.5x | 11x | 0.4x |
| Tue, 06 Apr 2021 | S$48.9b | S$105.1b | S$3.6b | 13.2x | 13.7x | 0.5x |
| Fri, 08 Jan 2021 | S$42.4b | S$97.3b | S$3.1b | 12x | 13.5x | 0.4x |
Price to Earnings Ratio
12.3x
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 Meats | 0.45% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| E5H Golden Agri-Resources | S$0.27 | 1.9% +S$63.4m | -8.6% | PE7.1x | |
| UD2 Japfa | S$0.23 | 4.4% +S$20.4m | -53.9% | PS0.08x | |
| F99 Fraser and Neave | S$1.07 | 0.9% +S$14.6m | -15.1% | PE11.7x | |
| BEW JB Foods | S$0.49 | 5.4% +S$7.6m | n/a | PE6.3x | |
| BNE Kencana Agri | S$0.08 | 25.0% +S$4.6m | -42.9% | PE18.4x |
