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Singaporean (SGX) Food and Staples Retail Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies6
  • 7D-8.0%
  • 3M-6.7%
  • 1Y21.1%
  • YTD4.8%

Over the last 7 days, the Food and Staples Retail industry has dropped 8.0%, driven by Olam Group declining 19%. Over the past 12 months, the industry was up 21%. Looking forward, earnings are forecast to grow by 17% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026S$13.7bS$37.4bS$580.6m30.5x23.6x0.4x
Fri, 24 Jul 2026S$14.6bS$40.4bS$529.3m32x27.5x0.4x
Sun, 21 Jun 2026S$14.8bS$40.4bS$529.3m31.8x27.9x0.4x
Tue, 19 May 2026S$14.6bS$40.4bS$528.0m26.7x27.7x0.4x
Thu, 16 Apr 2026S$13.7bS$40.3bS$523.4m24.3x26.2x0.3x
Sat, 14 Mar 2026S$13.5bS$40.2bS$523.5m24.6x25.8x0.3x
Mon, 09 Feb 2026S$13.7bS$71.9bS$91.6m11x149.3x0.2x
Wed, 07 Jan 2026S$13.0bS$71.9bS$91.6m11.1x141.8x0.2x
Fri, 05 Dec 2025S$12.9bS$71.9bS$91.6m11.2x141.3x0.2x
Sun, 02 Nov 2025S$12.0bS$71.9bS$91.4m11.4x131.2x0.2x
Tue, 30 Sep 2025S$11.3bS$71.8bS$86.8m11.6x130.2x0.2x
Thu, 28 Aug 2025S$11.2bS$71.8bS$86.8m11.9x129.1x0.2x
Sat, 26 Jul 2025S$12.2bS$66.8b-S$183,373,749.0023x-66.4x0.2x
Mon, 23 Jun 2025S$9.9bS$66.8b-S$50,673,749.0020.3x-195.5x0.1x
Wed, 21 May 2025S$10.0bS$66.8b-S$48,812,749.0027.2x-204x0.1x
Fri, 18 Apr 2025S$9.3bS$66.9b-S$36,034,101.4218.3x-259.5x0.1x
Sun, 16 Mar 2025S$9.2bS$67.0b-S$35,908,443.1217.8x-256.6x0.1x
Tue, 11 Feb 2025S$10.1bS$61.4bS$523.4m17.4x19.3x0.2x
Thu, 09 Jan 2025S$10.2bS$61.4bS$523.5m17.7x19.4x0.2x
Sat, 07 Dec 2024S$10.6bS$61.4bS$523.5m18.4x20.3x0.2x
Mon, 04 Nov 2024S$10.4bS$61.4bS$506.6m18.8x20.5x0.2x
Wed, 02 Oct 2024S$9.7bS$61.4bS$502.2m17.3x19.2x0.2x
Fri, 30 Aug 2024S$9.2bS$61.4bS$502.4m17.1x18.3x0.1x
Sun, 28 Jul 2024S$9.2bS$59.3bS$413.8m17.7x22.2x0.2x
Tue, 25 Jun 2024S$9.3bS$59.3bS$413.8m17.6x22.4x0.2x
Thu, 23 May 2024S$9.2bS$59.3bS$411.3m16.9x22.4x0.2x
Sat, 20 Apr 2024S$9.2bS$59.3bS$400.1m17.2x23.1x0.2x
Mon, 18 Mar 2024S$9.2bS$59.3bS$400.1m16.2x23x0.2x
Wed, 14 Feb 2024S$8.6bS$62.1bS$277.5m16.7x31.2x0.1x
Fri, 12 Jan 2024S$9.2bS$62.1bS$276.8m17.8x33.4x0.1x
Sun, 10 Dec 2023S$9.4bS$62.1bS$276.8m17.8x34.1x0.2x
Tue, 07 Nov 2023S$9.9bS$62.1bS$283.2m17.6x34.8x0.2x
Thu, 05 Oct 2023S$10.1bS$62.1bS$281.3m17.3x36x0.2x
Sat, 02 Sep 2023S$10.6bS$62.1bS$282.6m20.4x37.4x0.2x
Price to Earnings Ratio

37.4x


Total Market Cap: S$10.6bTotal Earnings: S$282.6mTotal Revenue: S$62.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Singaporean Food and Staples Retail Industry Price to Earnings3Y Average 13.1x202420252026
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 23.6x which is higher than its 3-year average PE of 13.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.19x.
Past Earnings Growth
  • The earnings for companies in the Consumer Retailing industry have grown 27% per year over the last three years.
  • Meanwhile revenues for these companies have declined 16% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Singaporean Consumer Staples industry?

SG Market-0.13%
Consumer Staples-0.82%
Food and Staples Retail-7.96%
Food Retail-3.79%
Food Distributors-17.85%
Industry PE
  • Investors are most optimistic about the Food Distributors industry which is trading above its 3-year average PE ratio of 27.3x.
    • Analysts are expecting annual earnings growth of 59.9%, which is lower than the prior year's growth of 1,849.5% per year.
  • Investors are most pessimistic about the Food Retail industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.7x.
Forecasted Growth
  • Analysts are most optimistic on the Food Distributors industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Food Retail industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
5EV Hosen GroupS$0.0664.8%
+S$974.7k		32.0%PE6.2x

Latest News

VC2
S$1.01
Olam Group
7D
-18.5%
1Y
-1.0%
Narrative Update • Aug 21

VC2: Future Dividend Stream Will Support Upside Despite Lower Growth Assumptions

Analysts have trimmed their price target for Olam Group from SGD 1.60 to SGD 1.45, citing lower revenue growth expectations while still factoring in a slightly higher profit margin outlook and a modestly adjusted future P/E assumption. What’s in the News for Olam Group Olam Group incorporated Olam Treasury B.V. in the Netherlands with issued share capital of €1,000.
D01
US$3.55
DFI Retail Group Holdings
7D
-5.8%
1Y
13.1%
OV8
S$3.19
Sheng Siong Group
7D
-1.5%
1Y
57.1%
5EV
S$0.066
Hosen Group
7D
4.8%
1Y
32.0%