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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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 06 Sep 2024 | S$32.3b | S$122.7b | S$3.0b | 9.6x | 10.9x | 0.3x |
| Sun, 04 Aug 2024 | S$32.6b | S$126.9b | S$3.0b | 10.7x | 11x | 0.3x |
| Tue, 02 Jul 2024 | S$31.7b | S$129.6b | S$3.0b | 10.5x | 10.8x | 0.2x |
| Thu, 30 May 2024 | S$32.0b | S$129.0b | S$3.0b | 11.1x | 10.6x | 0.2x |
| Sat, 27 Apr 2024 | S$34.4b | S$129.8b | S$3.0b | 10.6x | 11.3x | 0.3x |
| Mon, 25 Mar 2024 | S$33.7b | S$128.9b | S$3.0b | 10.4x | 11.1x | 0.3x |
| Wed, 21 Feb 2024 | S$32.9b | S$133.6b | S$3.8b | 9.5x | 8.6x | 0.2x |
| Fri, 19 Jan 2024 | S$33.5b | S$133.5b | S$3.8b | 9.1x | 8.7x | 0.3x |
| Sun, 17 Dec 2023 | S$34.0b | S$132.5b | S$3.8b | 9.3x | 9x | 0.3x |
| Tue, 14 Nov 2023 | S$35.1b | S$135.9b | S$4.2b | 9.2x | 8.3x | 0.3x |
| Thu, 12 Oct 2023 | S$36.1b | S$136.2b | S$4.2b | 9.5x | 8.6x | 0.3x |
| Sat, 09 Sep 2023 | S$35.3b | S$136.4b | S$4.2b | 9.3x | 8.4x | 0.3x |
| Mon, 07 Aug 2023 | S$36.7b | S$140.2b | S$5.3b | 8.7x | 7x | 0.3x |
| Wed, 05 Jul 2023 | S$35.5b | S$141.2b | S$5.3b | 8.9x | 6.7x | 0.3x |
| Fri, 02 Jun 2023 | S$37.2b | S$141.5b | S$5.4b | 9.6x | 6.9x | 0.3x |
| Sun, 30 Apr 2023 | S$37.8b | S$140.0b | S$5.4b | 9.3x | 7x | 0.3x |
| Tue, 28 Mar 2023 | S$39.6b | S$139.8b | S$5.5b | 8.2x | 7.2x | 0.3x |
| Thu, 23 Feb 2023 | S$38.3b | S$140.4b | S$5.7b | 8.4x | 6.8x | 0.3x |
| Sat, 21 Jan 2023 | S$38.4b | S$137.3b | S$5.5b | 8x | 7x | 0.3x |
| Mon, 19 Dec 2022 | S$39.2b | S$140.7b | S$5.6b | 7.1x | 7x | 0.3x |
| Wed, 16 Nov 2022 | S$40.0b | S$141.8b | S$5.4b | 7.3x | 7.4x | 0.3x |
| Fri, 14 Oct 2022 | S$35.4b | S$147.7b | S$5.6b | 6.7x | 6.3x | 0.2x |
| Sun, 11 Sep 2022 | S$39.2b | S$144.2b | S$5.5b | 7.8x | 7.1x | 0.3x |
| Tue, 09 Aug 2022 | S$39.9b | S$140.5b | S$5.1b | 8x | 7.9x | 0.3x |
| Thu, 07 Jul 2022 | S$39.3b | S$133.5b | S$4.7b | 8.4x | 8.4x | 0.3x |
| Sat, 04 Jun 2022 | S$42.1b | S$130.2b | S$4.5b | 9.2x | 9.3x | 0.3x |
| Mon, 02 May 2022 | S$44.7b | S$130.2b | S$4.4b | 10.2x | 10.2x | 0.3x |
| Wed, 30 Mar 2022 | S$47.0b | S$128.5b | S$4.3b | 8.2x | 10.9x | 0.4x |
| Fri, 25 Feb 2022 | S$43.0b | S$124.3b | S$4.3b | 11x | 9.9x | 0.3x |
| Sun, 23 Jan 2022 | S$42.4b | S$112.9b | S$4.0b | 12.2x | 10.5x | 0.4x |
| Tue, 21 Dec 2021 | S$39.6b | S$114.5b | S$4.1b | 12x | 9.7x | 0.3x |
| Thu, 18 Nov 2021 | S$42.2b | S$112.2b | S$3.9b | 12.7x | 10.9x | 0.4x |
| Sat, 16 Oct 2021 | S$43.4b | S$111.4b | S$4.0b | 10.8x | 10.9x | 0.4x |
| Mon, 13 Sep 2021 | S$40.7b | S$111.0b | S$3.9b | 9.8x | 10.3x | 0.4x |
Price to Earnings Ratio
10.3x
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 Market | 1.37% | |
| 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| E5H Golden Agri-Resources | S$0.27 | 1.9% +S$63.4m | 12.5% | PE22.4x | |
| 579 Oceanus Group | S$0.008 | 14.3% +S$25.7m | -20.0% | PS0.6x | |
| P74 China Kangda Food | S$0.056 | 115.4% +S$13.6m | 93.1% | PS0.08x | |
| 5EG Zhongxin Fruit and Juice | S$0.022 | 29.4% +S$5.3m | 10.0% | PE56x | |
| 42W Zixin Group Holdings | S$0.022 | 15.8% +S$4.8m | -29.0% | PE14.3x |
