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South African (JSE) Food Industry Analysis

UpdatedMar 29, 2024
DataAggregated Company Financials
Companies13
  • 7D-0.05%
  • 3M5.5%
  • 1Y6.3%
  • YTD5.5%

Last week, the Food industry hasn't moved much but Quantum Foods Holdings is up 23% in that time. The past year has been better, since the industry has gained 6.6% in that time. Earnings are forecast to grow by 12% annually.

Industry Valuation and Performance

Has the South African Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 Mar 2024R104.7bR180.9bR8.0b9.2x13.1x0.6x
Sun, 25 Feb 2024R102.0bR178.7bR7.2b10.2x14.2x0.6x
Tue, 23 Jan 2024R98.2bR194.5bR5.9b10.5x16.6x0.5x
Thu, 21 Dec 2023R99.1bR194.5bR5.9b10.5x16.8x0.5x
Sat, 18 Nov 2023R93.0bR193.4bR7.0b9.7x13.2x0.5x
Mon, 16 Oct 2023R88.1bR192.7bR7.0b9.2x12.6x0.5x
Wed, 13 Sep 2023R91.7bR192.5bR7.1b9.3x12.9x0.5x
Fri, 11 Aug 2023R93.2bR191.1bR7.3b9.3x12.8x0.5x
Sun, 09 Jul 2023R91.7bR191.1bR7.3b9.4x12.6x0.5x
Tue, 06 Jun 2023R85.4bR173.3bR6.7b9x12.8x0.5x
Thu, 04 May 2023R96.5bR167.6bR6.9b10.9x13.9x0.6x
Sat, 01 Apr 2023R98.8bR167.6bR7.0b10.7x14.2x0.6x
Mon, 27 Feb 2023R96.8bR161.5bR7.7b10.4x12.6x0.6x
Wed, 25 Jan 2023R97.0bR161.5bR7.7b10.9x12.6x0.6x
Fri, 23 Dec 2022R95.6bR161.5bR7.7b9.8x12.4x0.6x
Sun, 20 Nov 2022R91.4bR154.6bR6.1b10.3x15x0.6x
Tue, 18 Oct 2022R88.9bR154.6bR6.1b9.9x14.7x0.6x
Thu, 15 Sep 2022R87.4bR154.7bR6.1b10.4x14.4x0.6x
Sat, 13 Aug 2022R86.2bR151.5bR6.3b10.1x13.7x0.6x
Mon, 11 Jul 2022R81.1bR151.5bR6.2b10.5x13x0.5x
Wed, 08 Jun 2022R82.3bR151.2bR6.3b10.3x13.1x0.5x
Fri, 06 May 2022R82.4bR148.8bR6.1b9.8x13.5x0.6x
Sun, 03 Apr 2022R87.2bR148.8bR6.1b10.3x14.3x0.6x
Tue, 01 Mar 2022R92.3bR148.2bR5.5b12.7x16.8x0.6x
Thu, 27 Jan 2022R95.7bR148.2bR5.5b12.3x17.5x0.6x
Sat, 25 Dec 2021R94.1bR132.8bR6.8b12x13.9x0.7x
Mon, 22 Nov 2021R100.9bR132.7bR6.9b10.1x14.7x0.8x
Wed, 20 Oct 2021R99.5bR131.4bR7.2b11.4x13.8x0.8x
Fri, 17 Sep 2021R93.7bR131.4bR7.2b9.7x13x0.7x
Sun, 15 Aug 2021R89.4bR131.4bR7.2b10x12.4x0.7x
Thu, 10 Jun 2021R99.5bR129.8bR6.0b14.7x16.5x0.8x
Price to Earnings Ratio

19.2x


Total Market Cap: R97.5bTotal Earnings: R5.1bTotal Revenue: R128.6bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food Industry Price to Earnings3Y Average 15x202220232024
Current Industry PE
  • Investors are pessimistic on the South African 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 13.1x which is lower than its 3-year average PE of 15.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.63x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 12% 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 South African Consumer Staples industry?

ZA Market2.39%
Consumer Staples-0.20%
Food-0.046%
Agricultural Products13.83%
Packaged Foods and Meats-0.095%
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 14.9x.
    • Analysts are expecting annual earnings growth of 12.1%, which is lower than the prior year's growth of 14.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 12% 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
QFH Quantum Foods HoldingsR13.5022.7%
+R499.8m
200.0%PS0.4x
AVI AVIR91.350.4%
+R132.2m
30.1%PE14.9x
LBR Libstar HoldingsR3.706.0%
+R125.1m
-27.3%PE9.7x
RFG RFG HoldingsR13.592.6%
+R88.4m
52.5%PE7.4x
CKS Crookes BrothersR27.9913.8%
+R51.5m
-9.7%PS0.6x
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Latest News

LBR

R3.70

Libstar Holdings

7D

6.0%

1Y

-27.3%

SHG

R8.60

Sea Harvest Group

7D

2.1%

1Y

-12.2%

RCL

R10.00

RCL Foods

7D

0.3%

1Y

-19.1%

PMR

R61.10

Premier Group

7D

-0.7%

1Y

6.7%

BRT

R5.00

Brimstone Investment

7D

-0.2%

1Y

-20.6%

OCE

R70.50

Oceana Group

7D

-0.7%

1Y

-0.7%

ARL

R141.79

Astral Foods

7D

-1.6%

1Y

-13.8%

QFH

R13.50

Quantum Foods Holdings

7D

22.7%

1Y

200.0%

AVI

R91.35

AVI

7D

0.4%

1Y

30.1%