Tiger Brands' (JSE:TBS) Dividend Will Be R3.20
The board of Tiger Brands Limited ( JSE:TBS ) has announced that it will pay a dividend of R3.20 per share on the 4th...
South African (JSE) Packaged Foods and Meats Industry Analysis
UpdatedMay 28, 2022
DataAggregated Company Financials
Companies13
- 7D3.1%
- 3M-11.0%
- 1Y-18.6%
- YTD-13.5%
Over the last 7 days, the Packaged Foods and Meats industry has risen 3.1%, driven by gains from Tiger Brands of 5.8%. In contrast, the industry has lost 19% in the last 12 months. As for the next few years, earnings are forecast to decline by 5.9% per annum.
Industry Valuation and Performance
Has the South African Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 28 May 2022 | R81.3b | R150.7b | R6.5b | 9.9x |
| Mon, 25 Apr 2022 | R83.5b | R148.2b | R6.1b | 10.2x |
| Wed, 23 Mar 2022 | R86.5b | R148.0b | R5.8b | 10.2x |
| Fri, 18 Feb 2022 | R94.5b | R147.5b | R5.5b | 13.1x |
| Sun, 16 Jan 2022 | R97.1b | R147.5b | R5.5b | 12x |
| Tue, 14 Dec 2021 | R91.9b | R132.1b | R6.8b | 10.7x |
| Thu, 11 Nov 2021 | R99.5b | R130.7b | R7.2b | 10.3x |
| Sat, 09 Oct 2021 | R99.2b | R130.7b | R7.2b | 10.4x |
| Mon, 06 Sep 2021 | R91.7b | R130.7b | R7.2b | 9.6x |
| Wed, 04 Aug 2021 | R91.4b | R130.7b | R7.2b | 9.7x |
| Sat, 08 May 2021 | R92.4b | R129.2b | R6.0b | 13x |
| Tue, 09 Feb 2021 | R92.5b | R126.7b | R4.5b | 10x |
| Mon, 02 Nov 2020 | R89.6b | R124.6b | R4.5b | 9.1x |
| Thu, 06 Aug 2020 | R89.1b | R121.4b | R6.8b | 11.9x |
| Sun, 10 May 2020 | R92.4b | R120.0b | R7.2b | 11.5x |
| Sat, 01 Feb 2020 | R99.1b | R119.1b | R8.1b | 12x |
| Tue, 05 Nov 2019 | R102.4b | R117.7b | R8.4b | 10.4x |
| Fri, 09 Aug 2019 | R105.7b | R115.9b | R6.8b | 11.5x |
Median PE Ratio
12.9x
Current Industry PE
- Investors are relatively neutral on the 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 11.1x.
- Future earnings are expected to decline by 5.9% which could cause market valuations to fall.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have declined 4.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.6% 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 Market | 2.68% | |
| Consumer Staples | 2.91% | |
| Food | 3.05% | |
| Packaged Foods and Meats | 3.11% | |
| Agricultural Products | -4.12% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TBS Tiger Brands | R147.12 | 5.8% +R1.3b | -34.8% | PS13.4x | |
| AVI AVI | R66.11 | 3.1% +R662.4m | -11.3% | PS12.7x | |
| ARL Astral Foods | R185.82 | 6.9% +R462.3m | 26.0% | PS9.1x | |
| QFH Quantum Foods Holdings | R5.50 | 18.3% +R167.9m | -15.3% | PS10.3x | |
| BRT Brimstone Investment | R7.09 | 5.8% +R96.6m | 1.9% | PS3.1x |