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Singaporean (SGX) Food Industry Analysis

UpdatedDec 21, 2024
DataAggregated Company Financials
Companies23
  • 7D-2.4%
  • 3M-2.3%
  • 1Y-6.3%
  • YTD-7.4%

Over the last 7 days, the Food industry has dropped 2.4%, driven by Wilmar International declining 1.6%. On the other hand Zhongxin Fruit and Juice is actually up 14%. However, the industry is down 6.3% over the past year. As for the next few years, earnings are expected to grow by 8.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 21 Dec 2024S$31.7bS$125.1bS$3.4b8.6x9.4x0.3x
Mon, 18 Nov 2024S$32.6bS$123.4bS$3.3b9.1x10x0.3x
Wed, 16 Oct 2024S$33.9bS$120.4bS$3.2b9.8x10.6x0.3x
Fri, 13 Sep 2024S$32.1bS$120.1bS$3.2b9.1x10.1x0.3x
Sun, 11 Aug 2024S$31.7bS$126.7bS$3.0b10.3x10.7x0.3x
Tue, 09 Jul 2024S$31.9bS$129.0bS$2.9b10.7x10.9x0.2x
Thu, 06 Jun 2024S$31.9bS$128.9bS$3.0b10.9x10.6x0.2x
Sat, 04 May 2024S$32.9bS$129.2bS$3.1b10.9x10.6x0.3x
Mon, 01 Apr 2024S$34.0bS$128.8bS$3.0b10.5x11.3x0.3x
Wed, 28 Feb 2024S$33.8bS$130.1bS$3.6b9.5x9.5x0.3x
Fri, 26 Jan 2024S$33.5bS$133.1bS$3.8b9.1x8.8x0.3x
Sun, 24 Dec 2023S$34.2bS$131.7bS$3.8b9.4x9x0.3x
Tue, 21 Nov 2023S$35.3bS$133.2bS$3.9b9.5x9.1x0.3x
Thu, 19 Oct 2023S$34.9bS$136.8bS$4.2b9.1x8.3x0.3x
Sat, 16 Sep 2023S$36.1bS$136.0bS$4.2b9.6x8.6x0.3x
Mon, 14 Aug 2023S$36.6bS$136.6bS$4.3b9.7x8.5x0.3x
Wed, 12 Jul 2023S$36.0bS$140.4bS$5.3b8.7x6.8x0.3x
Fri, 09 Jun 2023S$37.7bS$141.0bS$5.4b8.7x7x0.3x
Sun, 07 May 2023S$37.3bS$139.1bS$5.4b9.6x6.9x0.3x
Tue, 04 Apr 2023S$40.1bS$139.7bS$5.5b9.5x7.3x0.3x
Thu, 02 Mar 2023S$38.4bS$141.2bS$5.6b8.6x6.9x0.3x
Sat, 28 Jan 2023S$38.8bS$136.5bS$5.4b8.2x7.1x0.3x
Mon, 26 Dec 2022S$39.7bS$140.1bS$5.6b7.3x7.1x0.3x
Wed, 23 Nov 2022S$39.5bS$143.0bS$5.7b7.2x7x0.3x
Fri, 21 Oct 2022S$35.6bS$146.5bS$5.6b6.2x6.4x0.2x
Sun, 18 Sep 2022S$39.1bS$144.9bS$5.5b6.8x7.1x0.3x
Tue, 16 Aug 2022S$40.2bS$140.9bS$5.4b6.5x7.5x0.3x
Thu, 14 Jul 2022S$39.5bS$133.3bS$4.7b8.5x8.5x0.3x
Sat, 11 Jun 2022S$41.8bS$131.0bS$4.6b9x9.2x0.3x
Mon, 09 May 2022S$43.7bS$130.3bS$4.4b10x10x0.3x
Wed, 06 Apr 2022S$46.5bS$128.1bS$4.3b8.7x10.8x0.4x
Fri, 04 Mar 2022S$45.2bS$128.0bS$4.3b8.3x10.5x0.4x
Sun, 30 Jan 2022S$41.3bS$113.6bS$4.1b11.8x10.2x0.4x
Tue, 28 Dec 2021S$40.2bS$114.0bS$4.1b12.3x9.9x0.4x
Price to Earnings Ratio

9.9x


Total Market Cap: S$40.2bTotal Earnings: S$4.1bTotal Revenue: S$114.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food Industry Price to Earnings3Y Average 8.9x202220232024
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 8.9x.
  • The industry is trading close to its 3-year average PS ratio of 0.28x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 6.2% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.1% 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-2.14%
Consumer Staples-2.12%
Food-2.36%
Packaged Foods and Meats-1.45%
Agricultural Products-2.57%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 12.5x.
    • Analysts are expecting annual earnings growth of 12.2%, which is lower than the prior year's growth of 24.5% 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 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 12% over the next 5 years.
  • However this is lower than its past earnings growth rate of 25% per year.
  • In contrast, the Agricultural Products industry is expected to see its earnings grow by 8.6% 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
5EG Zhongxin Fruit and JuiceS$0.02414.3%
+S$3.2m		n/aPE60.3x
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Latest News

F34

S$3.00

Wilmar International

7D

-1.6%

1Y

-13.8%

5EG

S$0.024

Zhongxin Fruit and Juice

7D

14.3%

1Y

n/a

MV4

S$0.26

Mewah International

7D

-5.5%

1Y

-7.1%

F99

S$1.34

Fraser and Neave

7D

-0.7%

1Y

27.6%

Fraser and Neave (SGX:F99) Is Paying Out A Dividend Of SGD0.04

Dec 11
Fraser and Neave (SGX:F99) Is Paying Out A Dividend Of SGD0.04

P8Z

S$0.86

Bumitama Agri

7D

-2.3%

1Y

45.8%

Is Bumitama Agri (SGX:P8Z) A Risky Investment?

Dec 04
Is Bumitama Agri (SGX:P8Z) A Risky Investment?

EB5

S$1.42

First Resources

7D

-3.4%

1Y

0.7%

E5H

S$0.26

Golden Agri-Resources

7D

-7.3%

1Y

-3.8%

UD2

S$0.41

Japfa

7D

-2.4%

1Y

90.7%

P34

S$0.78

Delfi

7D

-1.9%

1Y

-29.1%