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South African (JSE) Food Industry Analysis

UpdatedJun 03, 2025
DataAggregated Company Financials
Companies14
  • 7D1.4%
  • 3M9.6%
  • 1Y29.4%
  • YTD-0.2%

In the last week, the Food industry is up 2.8%, with Tiger Brands up 4.2%. This means that the industry has gained 31% over the past year. Earnings are forecast to grow by 3.4% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 03 Jun 2025R138.7bR182.9bR11.5b10.2x12x0.8x
Thu, 01 May 2025R130.2bR181.5bR10.6b9.4x12.3x0.7x
Sat, 29 Mar 2025R126.1bR181.5bR10.6b8.5x11.9x0.7x
Mon, 24 Feb 2025R127.4bR183.1bR10.6b9.3x12x0.7x
Wed, 22 Jan 2025R135.3bR183.1bR10.6b10.7x12.7x0.7x
Fri, 20 Dec 2024R139.1bR183.1bR10.6b10.9x13.1x0.8x
Sun, 17 Nov 2024R126.9bR182.5bR9.5b12.2x13.3x0.7x
Tue, 15 Oct 2024R129.1bR182.1bR9.4b12.5x13.7x0.7x
Thu, 12 Sep 2024R121.2bR181.0bR8.9b11.1x13.5x0.7x
Sat, 10 Aug 2024R115.6bR194.9bR8.8b10.1x13.2x0.6x
Mon, 08 Jul 2024R116.3bR194.9bR8.8b10.2x13.2x0.6x
Wed, 05 Jun 2024R105.0bR180.8bR8.5b9.2x12.4x0.6x
Fri, 03 May 2024R104.3bR180.9bR8.0b9.4x13.1x0.6x
Sun, 31 Mar 2024R104.7bR180.9bR8.0b9.2x13.1x0.6x
Tue, 27 Feb 2024R102.3bR178.7bR7.2b10.2x14.3x0.6x
Thu, 25 Jan 2024R102.1bR194.5bR5.9b10.7x17.3x0.5x
Sat, 23 Dec 2023R99.5bR194.5bR5.9b10.5x16.9x0.5x
Mon, 20 Nov 2023R93.0bR193.4bR7.0b9.7x13.2x0.5x
Wed, 18 Oct 2023R88.7bR192.7bR7.0b9.3x12.7x0.5x
Fri, 15 Sep 2023R91.6bR192.7bR7.0b9.4x13.1x0.5x
Sun, 13 Aug 2023R91.9bR191.1bR7.3b9.1x12.7x0.5x
Tue, 11 Jul 2023R90.4bR191.1bR7.3b9.4x12.5x0.5x
Thu, 08 Jun 2023R87.0bR173.3bR6.7b9.3x13x0.5x
Sat, 06 May 2023R95.3bR167.6bR6.9b10.7x13.7x0.6x
Mon, 03 Apr 2023R98.8bR167.6bR7.0b10.7x14.2x0.6x
Wed, 01 Mar 2023R97.7bR161.5bR7.7b10.4x12.7x0.6x
Fri, 27 Jan 2023R94.3bR161.5bR7.7b11x12.2x0.6x
Sun, 25 Dec 2022R95.5bR161.5bR7.7b9.8x12.4x0.6x
Tue, 22 Nov 2022R91.1bR154.6bR6.1b10.2x15x0.6x
Thu, 20 Oct 2022R88.4bR154.6bR6.1b9.8x14.6x0.6x
Sat, 17 Sep 2022R85.9bR154.7bR6.1b10.5x14.2x0.6x
Mon, 15 Aug 2022R86.2bR151.5bR6.3b10.1x13.7x0.6x
Wed, 13 Jul 2022R81.5bR151.5bR6.2b10.5x13.1x0.5x
Fri, 10 Jun 2022R82.0bR151.2bR6.3b10.2x13.1x0.5x
Price to Earnings Ratio

13.1x


Total Market Cap: R82.0bTotal Earnings: R6.3bTotal Revenue: R151.2bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Food Industry Price to Earnings3Y Average 14.2x202320242025
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 12.2x which is lower than its 3-year average PE of 14.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 6.6% 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 Market1.26%
Consumer Staples0.49%
Food1.45%
Packaged Foods and Meats1.45%
Agricultural Products0%0
Industry PE
  • Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio of 6.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 14.0x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 3.4% over the next 5 years.
  • However this is lower than its past earnings growth rate of 18% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 3.4% 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
TBS Tiger BrandsR336.504.2%
+R1.7b
69.1%PE13.1x
SHG Sea Harvest GroupR7.8417.0%
+R383.9m
1.0%PE11.6x
LBR Libstar HoldingsR3.300.6%
+R11.9m
-6.3%PS0.2x
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Latest News

LBR

R3.30

Libstar Holdings

7D

0.6%

1Y

-6.3%

TBS

R336.50

Tiger Brands

7D

4.2%

1Y

69.1%

AVI

R93.22

AVI

7D

-0.1%

1Y

6.9%

SHG

R7.84

Sea Harvest Group

7D

17.0%

1Y

1.0%

PMR

R130.70

Premier Group

7D

-1.7%

1Y

111.5%

ARL

R190.67

Astral Foods

7D

-0.2%

1Y

27.3%

RCL

R9.78

RCL Foods

7D

-0.2%

1Y

-5.8%

OCE

R59.00

Oceana Group

7D

-0.6%

1Y

-19.4%