Kaap Agri (JSE:KAL) Will Pay A Larger Dividend Than Last Year At R1.11
The board of Kaap Agri Limited ( JSE:KAL ) has announced that it will be increasing its dividend on the 14th of...
Has the South African Food and Staples Retail Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||R370.7b||R673.0b||R12.5b||23.1x|
|Fri, 29 Oct 2021||R389.3b||R670.5b||R12.7b||25.9x|
|Sun, 26 Sep 2021||R393.5b||R665.0b||R10.1b||28.8x|
|Tue, 24 Aug 2021||R377.5b||R576.4b||R11.7b||28.9x|
|Wed, 30 Jun 2021||R339.8b||R568.9b||R10.5b||26.1x|
|Sat, 03 Apr 2021||R326.0b||R568.9b||R10.5b||26.6x|
|Tue, 05 Jan 2021||R318.2b||R650.1b||R8.5b||24.9x|
|Fri, 09 Oct 2020||R299.0b||R643.8b||R9.0b||23.1x|
|Thu, 02 Jul 2020||R285.3b||R640.9b||R9.4b||22.5x|
|Sun, 05 Apr 2020||R299.1b||R638.6b||R11.5b||21.9x|
|Wed, 08 Jan 2020||R349.1b||R644.1b||R13.4b||22.4x|
|Tue, 01 Oct 2019||R325.8b||R637.0b||R14.1b||19.5x|
|Fri, 05 Jul 2019||R348.1b||R629.0b||R14.4b||22.7x|
|Mon, 08 Apr 2019||R342.5b||R620.2b||R15.0b||21.7x|
|Thu, 10 Jan 2019||R362.5b||R607.2b||R15.4b||23x|
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 23.5x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Consumer Retailing industry have declined 7.7% per year over the last three years, while revenues for these companies have grown 3.9% 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, which has decreased profits.
Which industries have driven the changes within the South African Food and Staples Retail industry?
|Big Box Super Stores||-7.05%|
Industry PE: Investors are most optimistic about the Drug Retail industry which is trading above its 3-year average PE ratio of 32.5x. This is likely because analysts are expecting annual earnings growth of 15%, which is higher than its past year's earnings growth of 11% per year. Meanwhile, investors are most pessimistic about the Food Retail industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 20.2x.
Forecasted Growth: Analysts are most optimistic on the Big Box Super Stores industry, expecting annual earnings growth of 161% over the next 5 years. Meanwhile, the Food Retail industry is expected to see its earnings grow by 12% per year over the next few years.
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