Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

South African (JSE) Food Industry Analysis

UpdatedJan 04, 2026
DataAggregated Company Financials
Companies13
  • 7D1.0%
  • 3M13.7%
  • 1Y14.9%
  • YTD0%

Over the last 7 days, the Food industry has remained flat, although notably Quantum Foods Holdings declined by 9.0%. The past year has been better, since the industry has gained 15% in that time. As for the next few years, earnings are expected to grow by 21% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Jan 2026R158.0bR182.8bR12.7b9.1x12.5x0.9x
Tue, 02 Dec 2025R153.3bR182.8bR12.7b8.6x12x0.8x
Thu, 30 Oct 2025R143.4bR183.3bR12.2b8x11.8x0.8x
Sat, 27 Sep 2025R137.8bR183.3bR12.2b7.5x11.3x0.8x
Mon, 25 Aug 2025R138.2bR184.1bR11.4b10x12.1x0.8x
Wed, 23 Jul 2025R131.0bR184.1bR11.4b7.8x11.5x0.7x
Fri, 20 Jun 2025R136.0bR184.0bR11.4b10.2x12x0.7x
Sun, 18 May 2025R133.9bR181.5bR10.6b9.6x12.6x0.7x
Tue, 15 Apr 2025R127.9bR181.5bR10.6b8.5x12x0.7x
Thu, 13 Mar 2025R121.7bR182.4bR11.1b8.8x10.9x0.7x
Sat, 08 Feb 2025R131.6bR183.1bR10.6b9.3x12.4x0.7x
Mon, 06 Jan 2025R138.8bR183.1bR10.6b11.3x13.1x0.8x
Wed, 04 Dec 2024R132.3bR182.7bR10.5b10.7x12.6x0.7x
Fri, 01 Nov 2024R127.0bR182.1bR9.4b12.3x13.5x0.7x
Sun, 29 Sep 2024R127.9bR181.0bR8.9b11.8x14.3x0.7x
Tue, 27 Aug 2024R120.5bR194.9bR8.8b10.5x13.7x0.6x
Thu, 25 Jul 2024R113.8bR194.9bR8.8b9.9x12.9x0.6x
Sat, 22 Jun 2024R113.5bR181.4bR8.9b9.9x12.8x0.6x
Mon, 20 May 2024R106.0bR180.9bR8.0b9.5x13.3x0.6x
Wed, 17 Apr 2024R103.1bR180.9bR8.0b9.3x12.9x0.6x
Fri, 15 Mar 2024R106.5bR180.5bR7.7b8.7x13.9x0.6x
Sun, 11 Feb 2024R103.5bR178.7bR7.2b10.2x14.4x0.6x
Tue, 09 Jan 2024R99.8bR194.5bR5.9b10.5x16.9x0.5x
Thu, 07 Dec 2023R97.2bR194.5bR5.9b10.5x16.5x0.5x
Sat, 04 Nov 2023R91.2bR192.7bR7.0b9.6x13x0.5x
Mon, 02 Oct 2023R90.1bR192.7bR7.0b9.3x12.9x0.5x
Wed, 30 Aug 2023R94.3bR191.1bR7.3b9.5x13x0.5x
Fri, 28 Jul 2023R90.1bR191.1bR7.3b9.7x12.4x0.5x
Sun, 25 Jun 2023R90.5bR191.2bR7.5b9.3x12.1x0.5x
Tue, 23 May 2023R91.6bR168.2bR6.5b10.2x14.2x0.5x
Thu, 20 Apr 2023R96.2bR167.6bR6.9b10.7x13.8x0.6x
Sat, 18 Mar 2023R88.0bR167.6bR7.0b10.3x12.7x0.5x
Mon, 13 Feb 2023R94.5bR161.5bR7.7b10.7x12.3x0.6x
Wed, 11 Jan 2023R97.3bR161.5bR7.7b10.9x12.6x0.6x
Price to Earnings Ratio

12.6x


Total Market Cap: R97.3bTotal Earnings: R7.7bTotal Revenue: R161.5bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food Industry Price to Earnings3Y Average 13.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the South African Food 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 13.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 Market-0.58%
Consumer Staples0.78%
Food0.97%
Packaged Foods and Meats0.97%
Agricultural Products0%0
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 13.7x.
    • Analysts are expecting annual earnings growth of 21.4%, which is lower than the prior year's growth of 24.0% per year.
  • Investors are most pessimistic about the Agricultural Products industry, which is trading below its 3-year average of 9.2x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 21% 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 21% 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
AVI AVIR106.302.1%
+R714.1m		-1.5%PE14.5x
TBS Tiger BrandsR369.490.8%
+R448.7m		27.4%PE13.6x
PMR Premier GroupR168.310.8%
+R168.9m		29.6%PE15.9x
RFG RFG HoldingsR23.152.2%
+R130.7m		13.0%PE13.6x
LBR Libstar HoldingsR4.735.6%
+R130.7m		15.1%PS0.2x

Latest News

OCE
R56.00
Oceana Group
7D
0.8%
1Y
-16.9%
RFG
R23.15
RFG Holdings
7D
2.2%
1Y
13.0%
TBS
R369.49
Tiger Brands
7D
0.8%
1Y
27.4%

Tiger Brands' (JSE:TBS) Upcoming Dividend Will Be Larger Than Last Year's

Dec 13
Tiger Brands' (JSE:TBS) Upcoming Dividend Will Be Larger Than Last Year's
LBR
R4.73
Libstar Holdings
7D
5.6%
1Y
15.1%
QFH
R8.10
Quantum Foods Holdings
7D
-9.0%
1Y
-11.6%
SHG
R9.50
Sea Harvest Group
7D
1.1%
1Y
14.5%
PMR
R168.31
Premier Group
7D
0.8%
1Y
29.6%

Premier Group (JSE:PMR) Has A Pretty Healthy Balance Sheet

Nov 22
Premier Group (JSE:PMR) Has A Pretty Healthy Balance Sheet
RBO
R4.88
Rainbow Chicken
7D
-1.4%
1Y
30.1%
RCL
R9.82
RCL Foods
7D
0.4%
1Y
0.6%
AVI
R106.30
AVI
7D
2.1%
1Y
-1.5%