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Singaporean (SGX) Food Industry Analysis

UpdatedNov 29, 2022
DataAggregated Company Financials
Companies26
  • 7D-0.2%
  • 3M-1.1%
  • 1Y-4.1%
  • YTD-3.6%

Over the last 7 days, the Food industry has remained flat, although notably Bumitama Agri gained 3.4%. As for the longer term, the industry has declined 4.1% in the last year. Looking forward, earnings are forecast to decline by 7.1% per year.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022S$39.5bS$142.4bS$5.6b7.2x7x0.3x
Thu, 27 Oct 2022S$35.8bS$145.6bS$5.6b6.2x6.4x0.2x
Sat, 24 Sep 2022S$38.8bS$146.1bS$5.6b6.7x6.9x0.3x
Mon, 22 Aug 2022S$40.7bS$143.4bS$5.5b7x7.3x0.3x
Wed, 20 Jul 2022S$39.0bS$132.7bS$4.6b8.5x8.4x0.3x
Fri, 17 Jun 2022S$40.8bS$132.1bS$4.6b8.8x8.9x0.3x
Sun, 15 May 2022S$42.1bS$131.2bS$4.4b9.5x9.6x0.3x
Tue, 12 Apr 2022S$45.6bS$128.7bS$4.3b8.5x10.5x0.4x
Thu, 10 Mar 2022S$45.7bS$128.9bS$4.3b8.4x10.5x0.4x
Sat, 05 Feb 2022S$42.3bS$112.8bS$4.0b11.9x10.5x0.4x
Mon, 03 Jan 2022S$40.7bS$113.2bS$4.0b12.3x10.1x0.4x
Wed, 01 Dec 2021S$40.6bS$115.0bS$4.1b12.2x9.9x0.4x
Fri, 29 Oct 2021S$43.3bS$111.0bS$4.0b11x11x0.4x
Sun, 26 Sep 2021S$40.3bS$111.8bS$4.0b9.8x10.1x0.4x
Tue, 24 Aug 2021S$41.1bS$111.6bS$4.0b9.9x10.3x0.4x
Wed, 30 Jun 2021S$43.6bS$111.4bS$4.0b11.5x11x0.4x
Sat, 03 Apr 2021S$48.9bS$105.1bS$3.6b13.2x13.7x0.5x
Tue, 05 Jan 2021S$42.4bS$97.3bS$3.1b12x13.5x0.4x
Fri, 09 Oct 2020S$38.9bS$95.4bS$3.1b9x12.5x0.4x
Thu, 02 Jul 2020S$37.4bS$92.6bS$2.8b9.6x13.6x0.4x
Sun, 05 Apr 2020S$30.3bS$91.5bS$2.6b11.1x11.6x0.3x
Wed, 08 Jan 2020S$40.7bS$85.8bS$2.5b16.1x16.3x0.5x
Price to Earnings Ratio

21.5x


Total Market Cap: S$39.9bTotal Earnings: S$1.9bTotal Revenue: S$88.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food Industry Price to Earnings3Y Average 11.9x202020212022
Current Industry PE
  • Investors are pessimistic on the Singaporean Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.0x which is lower than its 3-year average PE of 11.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.39x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 45% per year over the last three years.
  • Revenues for these companies have grown 17% 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-0.23%
Consumer Staples0.051%
Food-0.15%
Packaged Foods and Meats0.18%
Agricultural Products-0.22%
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 12.3x.
    • Analysts are expecting annual earnings growth of 30.8%, which is higher than its past year's earnings decline of 16.0% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 12.1x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings decline of 16% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings decline by 10.0% 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$4.091.0%
+S$249.7m
0%PE8x
579 Oceanus GroupS$0.0166.7%
+S$25.6m
-44.8%PE320x
F03 Food Empire HoldingsS$0.654.8%
+S$16.0m
-18.2%PE7.2x
F99 Fraser and NeaveS$1.250.8%
+S$14.5m
-12.0%PE14.7x
UD2 JapfaS$0.511.0%
+S$10.2m
-18.4%PE14.7x
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Latest News

MV4

S$0.30

Mewah International

7D

-6.2%

1Y

-21.8%

UD2

S$0.51

Japfa

7D

1.0%

1Y

-18.4%

P34

S$0.78

Delfi

7D

0.6%

1Y

3.3%

F03

S$0.65

Food Empire Holdings

7D

4.8%

1Y

-18.2%

F34

S$4.09

Wilmar International

7D

1.0%

1Y

0%

EB5

S$1.63

First Resources

7D

-0.6%

1Y

10.1%

D03

S$0.30

Del Monte Pacific

7D

-3.2%

1Y

-15.3%

5JS

S$0.30

Indofood Agri Resources

7D

-1.6%

1Y

-6.2%

P8Z

S$0.61

Bumitama Agri

7D

0.8%

1Y

11.9%

Y03

S$0.64

Yeo Hiap Seng

7D

-6.6%

1Y

-27.7%

Q01

S$0.82

QAF

7D

0.6%

1Y

-5.7%

OTS

S$0.18

OTS Holdings

7D

-10.0%

1Y

-33.3%