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South African (JSE) Food Industry Analysis

UpdatedNov 28, 2021
DataAggregated Company Financials
  • 7D-3.1%
  • 3M3.1%
  • 1Y5.3%
  • YTD2.4%

Over the last 7 days, the Food industry has dropped 3.1%, driven by a decline by AVI of 7.2%. Meanwhile, Astral Foods actually outperformed within the industry, gaining 5.0% in the last week. This takes the industry's 12 month performance to a gain of 5.3%.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021R95.5bR132.7bR6.8b10x
Fri, 29 Oct 2021R99.6bR131.4bR7.2b11.4x
Sun, 26 Sep 2021R99.7bR131.4bR7.2b10x
Tue, 24 Aug 2021R92.5bR131.4bR7.2b10x
Wed, 30 Jun 2021R95.8bR130.2bR6.3b13.9x
Sat, 03 Apr 2021R97.5bR128.6bR5.1b13.1x
Tue, 05 Jan 2021R94.6bR127.3bR4.5b11.1x
Fri, 09 Oct 2020R90.2bR125.3bR4.6b11.7x
Thu, 02 Jul 2020R90.8bR122.1bR6.8b12x
Sun, 05 Apr 2020R91.0bR120.7bR7.2b11.5x
Wed, 08 Jan 2020R105.7bR119.8bR8.1b11.7x
Tue, 01 Oct 2019R100.6bR118.5bR8.4b13.1x
Fri, 05 Jul 2019R110.0bR116.6bR6.8b13.1x
Mon, 08 Apr 2019R118.8bR114.9bR7.5b14.7x
Thu, 10 Jan 2019R123.9bR113.2bR8.1b12.8x
PE Ratio


Total Market Cap: R131.8bTotal Earnings: R6.1bTotal Revenue: R129.9b0%0%0%3 Year10 Year

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 12.1x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Food industry have grown 3.7% per year over the last three years, while revenues have remained mostly flat. This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the South African Food industry?

Packaged Foods and Meats-3.14%
Agricultural Products-5.04%

Industry PE: Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 11.4x. This is likely because analysts are expecting annual earnings growth of 17%, which is higher than its past year's earnings decline of 0.08% per year.

Forecasted Growth: Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 17% over the next 5 years. This is better than its past earnings decline of 0.08% per year.

Top Stock Gainers and Losers

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

ARL Astral Foods4.2%+R261.8m26.7%PE14.3x
QFH Quantum Foods Holdings5.9%+R56.8m-4.8%PE10.7x
LBR Libstar Holdings1.2%+R54.6m4.6%PE93.4x
BRT Brimstone Investment3.2%+R53.0m9.1%PE6.8x
CKS Crookes Brothers1.2%+R7.3m-14.9%PS0.9x
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