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Nov 27
South African (JSE) Consumer Staples Sector Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies25
- 7D2.5%
- 3M0.8%
- 1Y7.6%
- YTD2.4%
Over the last 7 days, the Consumer Staples industry has risen 2.5%, driven by gains from Bid of 8.9%. This takes the industry's 12 month performance to a gain of 7.6%. Looking forward, earnings are forecast to grow by 9.4% annually.
Sector Valuation and Performance
Has the South African Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 30 Nov 2022 | R552.6b | R916.6b | R23.7b | 14.2x | 23.3x | 0.6x |
| Fri, 28 Oct 2022 | R540.1b | R906.2b | R23.6b | 11.9x | 22.9x | 0.6x |
| Sun, 25 Sep 2022 | R506.5b | R893.4b | R22.7b | 11.7x | 22.3x | 0.6x |
| Tue, 23 Aug 2022 | R542.4b | R860.4b | R22.0b | 12x | 24.7x | 0.6x |
| Thu, 21 Jul 2022 | R502.1b | R860.4b | R22.0b | 11.6x | 22.8x | 0.6x |
| Sat, 18 Jun 2022 | R500.0b | R860.4b | R21.9b | 11.7x | 22.8x | 0.6x |
| Mon, 16 May 2022 | R525.1b | R848.5b | R21.6b | 12.8x | 24.3x | 0.6x |
| Wed, 13 Apr 2022 | R545.3b | R846.9b | R21.9b | 13.2x | 24.9x | 0.6x |
| Fri, 11 Mar 2022 | R520.5b | R848.0b | R21.4b | 13.1x | 24.4x | 0.6x |
| Sun, 06 Feb 2022 | R545.9b | R841.2b | R19.8b | 15.5x | 27.6x | 0.6x |
| Tue, 04 Jan 2022 | R542.3b | R825.8b | R21.0b | 14.9x | 25.8x | 0.7x |
| Thu, 02 Dec 2021 | R521.7b | R825.8b | R21.0b | 15.6x | 24.8x | 0.6x |
| Sat, 30 Oct 2021 | R531.8b | R821.8b | R21.8b | 14.9x | 24.4x | 0.6x |
| Mon, 27 Sep 2021 | R537.7b | R816.4b | R19.2b | 15.6x | 27.9x | 0.7x |
| Wed, 25 Aug 2021 | R509.2b | R736.0b | R20.9b | 14.2x | 24.4x | 0.7x |
| Thu, 01 Jul 2021 | R477.0b | R727.4b | R18.8b | 14.7x | 25.4x | 0.7x |
| Sun, 04 Apr 2021 | R449.2b | R715.7b | R16.8b | 15.7x | 26.7x | 0.6x |
| Wed, 06 Jan 2021 | R433.7b | R789.6b | R13.6b | 15.9x | 32x | 0.5x |
| Sat, 10 Oct 2020 | R405.4b | R783.2b | R14.0b | 16.7x | 29x | 0.5x |
| Fri, 03 Jul 2020 | R392.9b | R779.1b | R16.6b | 16.2x | 23.7x | 0.5x |
| Mon, 06 Apr 2020 | R407.3b | R779.2b | R19.2b | 17.9x | 21.2x | 0.5x |
| Thu, 09 Jan 2020 | R484.0b | R783.4b | R22.3b | 14.9x | 21.7x | 0.6x |
Price to Earnings Ratio
20.5x
Current Industry PE
- Investors are relatively neutral on the South African Consumer Staples 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 24.7x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.7% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the South African Consumer Staples sector?
| ZA Market | 1.62% | |
| Consumer Staples | 2.52% | |
| Personal Products | 3.92% | |
| Food and Staples Retail | 3.12% | |
| Food | 1.39% | |
| Tobacco | 0% | |
| Household Products | 0% | |
| Beverage | -0.93% | |
Industry PE
- Investors are most optimistic about the Beverage industry, which is trading close to its 3-year average PE ratio of 31.9x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Food and Staples Retail industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 24% per year.
- In contrast, the Food industry is expected to see its earnings decline by 5.1% 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 | |
|---|---|---|---|---|---|
| BID Bid | R328.26 | 2.6% +R2.7b | 7.6% | PE22.7x | |
| SHP Shoprite Holdings | R250.16 | 1.9% +R2.5b | 26.9% | PE23.8x | |
| TBS Tiger Brands | R196.23 | 3.1% +R912.8m | 9.5% | PE17.7x | |
| PIK Pick n Pay Stores | R62.04 | 2.0% +R596.3m | 16.7% | PE21.8x | |
| SZK SAB Zenzele Kabili Holdings (RF) | R46.50 | 22.3% +R344.3m | -41.8% | PB1.1x |
