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Singaporean (SGX) Food and Staples Retail Industry Analysis

UpdatedDec 02, 2023
DataAggregated Company Financials
Companies8
  • 7D0.2%
  • 3M-9.9%
  • 1Y-16.7%
  • YTD-21.7%

Last week, the Food and Staples Retail industry hasn't moved much but DFI Retail Group Holdings is up 4.5% in that time. As for the longer term, the industry has declined 17% in the last year. Earnings are forecast to grow by 45% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 Dec 2023S$9.5bS$62.1bS$276.8m17.7x34.2x0.2x
Mon, 30 Oct 2023S$8.8bS$62.1bS$283.2m16.6x30.9x0.1x
Wed, 27 Sep 2023S$10.2bS$62.1bS$282.6m18.8x35.9x0.2x
Fri, 25 Aug 2023S$10.4bS$62.1bS$282.6m20.5x37x0.2x
Sun, 23 Jul 2023S$11.6bS$65.9bS$601.3m16x19.3x0.2x
Tue, 20 Jun 2023S$11.9bS$65.9bS$602.7m16.2x19.7x0.2x
Thu, 18 May 2023S$12.2bS$65.9bS$603.3m16.8x20.3x0.2x
Sat, 15 Apr 2023S$13.2bS$65.9bS$606.1m17x21.7x0.2x
Mon, 13 Mar 2023S$13.0bS$65.8bS$605.4m16.5x21.5x0.2x
Wed, 08 Feb 2023S$12.9bS$63.3bS$818.5m18.6x15.7x0.2x
Fri, 06 Jan 2023S$12.3bS$63.3bS$818.8m61.3x15.1x0.2x
Sun, 04 Dec 2022S$11.5bS$63.3bS$818.8m54.5x14.1x0.2x
Tue, 01 Nov 2022S$10.6bS$63.3bS$810.7m54.8x13.1x0.2x
Thu, 29 Sep 2022S$10.7bS$63.3bS$810.2m17.8x13.2x0.2x
Sat, 27 Aug 2022S$12.0bS$63.3bS$810.2m18.6x14.9x0.2x
Mon, 25 Jul 2022S$12.7bS$57.8bS$860.7m27.8x14.8x0.2x
Wed, 22 Jun 2022S$12.3bS$57.7bS$859.8m16.8x14.3x0.2x
Fri, 20 May 2022S$11.7bS$57.7bS$854.0m12.8x13.7x0.2x
Sun, 17 Apr 2022S$12.6bS$57.7bS$849.4m13.7x14.8x0.2x
Tue, 15 Mar 2022S$12.4bS$57.7bS$850.0m14x14.6x0.2x
Thu, 10 Feb 2022S$12.9bS$52.8bS$562.8m20.1x22.9x0.2x
Sat, 08 Jan 2022S$12.7bS$52.8bS$562.8m19.7x22.5x0.2x
Mon, 06 Dec 2021S$12.8bS$52.9bS$564.6m22.2x22.6x0.2x
Wed, 03 Nov 2021S$13.4bS$52.9bS$551.6m26.5x24.2x0.3x
Fri, 01 Oct 2021S$13.5bS$52.8bS$549.0m22.4x24.5x0.3x
Sun, 29 Aug 2021S$12.9bS$52.9bS$549.9m22.2x23.4x0.2x
Mon, 05 Jul 2021S$13.4bS$52.9bS$549.9m18.9x24.4x0.3x
Thu, 08 Apr 2021S$13.8bS$50.4bS$565.9m25.1x24.4x0.3x
Sun, 10 Jan 2021S$13.0bS$47.9bS$564.4m20.8x23.1x0.3x
Price to Earnings Ratio

19.7x


Total Market Cap: S$12.9bTotal Earnings: S$652.0mTotal Revenue: S$47.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food and Staples Retail Industry Price to Earnings3Y Average 21.2x202120222023
Current Industry PE
  • Investors are optimistic on the Singaporean Consumer Retailing industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 34.2x which is higher than its 3-year average PE of 21.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.22x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have declined 25% per year over the last three years.
  • Meanwhile revenues for these companies have grown 9.4% 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-0.37%
Consumer Staples-2.33%
Food and Staples Retail0.17%
Food Retail2.11%
Drug Retail0%
Big Box Super Stores0%
Food Distributors-2.91%
Industry PE
  • Investors are most optimistic about the Food Retail industry which is trading above its 3-year average PE ratio of 78.9x.
    • Analysts are expecting annual earnings growth of 45.2%, which is higher than its past year's earnings growth of 0.4% per year.
  • Investors are most pessimistic about the Food Distributors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.9x.
Forecasted Growth
  • Analysts are most optimistic on the Food Retail industry, expecting annual earnings growth of 45% over the next 5 years.
  • This is better than its past earnings growth rate of 0.4% per year.
  • In contrast, the Food Retail industry is expected to see its earnings grow by 45% 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
D01 DFI Retail Group HoldingsUS$2.334.5%
+US$135.4m		-7.9%PS0.3x
AAJ Sunmoon FoodS$0.0217.6%
+S$2.7m		-4.8%PS0.5x
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