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South African (JSE) Packaged Foods and Meats Industry Analysis

UpdatedJun 04, 2023
DataAggregated Company Financials
Companies14
  • 7D-7.6%
  • 3M-21.2%
  • 1Y-3.4%
  • YTD-17.4%

Over the last 7 days, the Packaged Foods and Meats industry has dropped 7.6%, driven by a pullback from Tiger Brands of 20%. However, the industry is down 3.4% over the past year. Looking forward, earnings are forecast to decline by 3.6% per year.

Industry Valuation and Performance

Has the South African Packaged Foods and Meats Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 04 Jun 2023R84.2bR171.1bR6.4b9.3x13.1x0.5x
Tue, 02 May 2023R96.1bR167.0bR6.9b10.2x13.9x0.6x
Thu, 30 Mar 2023R89.8bR167.0bR6.9b10.4x13x0.5x
Sat, 25 Feb 2023R96.3bR160.8bR7.7b10.1x12.6x0.6x
Mon, 23 Jan 2023R95.9bR160.8bR7.7b10.4x12.5x0.6x
Wed, 21 Dec 2022R96.1bR160.8bR7.7b9.6x12.5x0.6x
Fri, 18 Nov 2022R91.2bR154.0bR6.0b10.3x15.2x0.6x
Sun, 16 Oct 2022R88.3bR154.0bR6.0b10x14.7x0.6x
Tue, 13 Sep 2022R86.3bR153.6bR6.0b10.6x14.5x0.6x
Thu, 11 Aug 2022R84.3bR150.8bR6.2b10.7x13.5x0.6x
Sat, 09 Jul 2022R80.5bR150.8bR6.2b10.5x12.9x0.5x
Mon, 06 Jun 2022R80.9bR150.5bR6.3b10.3x12.9x0.5x
Wed, 04 May 2022R83.4bR148.2bR6.1b9.9x13.6x0.6x
Fri, 01 Apr 2022R87.4bR148.2bR6.1b9.8x14.3x0.6x
Sun, 27 Feb 2022R92.7bR147.5bR5.5b13.2x16.9x0.6x
Tue, 25 Jan 2022R95.7bR147.5bR5.5b12.4x17.4x0.6x
Thu, 23 Dec 2021R93.1bR132.1bR6.8b12.1x13.7x0.7x
Sat, 20 Nov 2021R99.4bR132.2bR7.2b10.1x13.8x0.8x
Mon, 18 Oct 2021R98.3bR130.7bR7.2b10.2x13.6x0.8x
Wed, 15 Sep 2021R91.6bR130.7bR7.2b9.8x12.7x0.7x
Fri, 13 Aug 2021R88.7bR130.7bR7.2b9.6x12.3x0.7x
Tue, 08 Jun 2021R98.9bR129.2bR6.0b14.1x16.5x0.8x
Mon, 01 Mar 2021R92.0bR126.7bR4.5b10.4x20.5x0.7x
Thu, 03 Dec 2020R90.9bR124.6bR4.5b9.7x20.1x0.7x
Sun, 06 Sep 2020R85.4bR121.3bR6.8b9.2x12.5x0.7x
Wed, 10 Jun 2020R84.1bR120.0bR7.2b10.9x11.7x0.7x
Price to Earnings Ratio

11.7x


Total Market Cap: R84.1bTotal Earnings: R7.2bTotal Revenue: R120.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Packaged Foods and Meats Industry Price to Earnings3Y Average 15.2x202120222023
Current Industry PE
  • Investors are pessimistic on the South African Packaged Foods and Meats 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 15.2x.
  • The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have declined 3.7% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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.

Industry Comparison

How does South African Packaged Foods and Meats compare with similar industries?

ZA Market1.77%
Consumer Staples-2.44%
Food-7.55%
Packaged Foods and Meats-7.58%
Agricultural Products-2.64%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
OCE Oceana GroupR71.152.0%
+R151.4m
27.7%PE10.2x
QFH Quantum Foods HoldingsR4.402.3%
+R20.0m
-2.2%PS0.1x
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Latest News

TBS

R151.30

Tiger Brands

7D

-20.1%

1Y

5.5%

AVI

R64.48

AVI

7D

-0.8%

1Y

-2.6%

RFG

R10.60

RFG Holdings

7D

-0.5%

1Y

-8.5%

ARL

R145.45

Astral Foods

7D

-6.5%

1Y

-23.8%

QFH

R4.40

Quantum Foods Holdings

7D

2.3%

1Y

-2.2%

PFB

R1.60

Premier Fishing & Brands

7D

-1.2%

1Y

146.2%

OCE

R71.15

Oceana Group

7D

2.0%

1Y

27.7%

PMR

R55.00

Premier Group

7D

-1.3%

1Y

n/a