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South African (JSE) Packaged Foods and Meats Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies12
  • 7D-2.1%
  • 3M-6.8%
  • 1Y19.7%
  • YTDn/a

Over the last 7 days, the Packaged Foods and Meats industry has dropped 2.1%, driven by Tiger Brands declining 2.4%. On the other hand Libstar Holdings is actually up 13%. In the past year, the industry has gained 20%. Looking forward, earnings are forecast to grow by 7.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 24 Mar 2026R145.7bR181.6bR12.8b10.8x11.4x0.8x
Thu, 19 Feb 2026R160.1bR182.0bR12.6b11.4x12.7x0.9x
Sat, 17 Jan 2026R156.9bR182.0bR12.6b10.5x12.4x0.9x
Mon, 15 Dec 2025R152.6bR182.0bR12.6b9.3x12.1x0.8x
Wed, 12 Nov 2025R147.9bR183.2bR12.2b8.2x12.1x0.8x
Fri, 10 Oct 2025R139.3bR182.5bR12.1b7.9x11.5x0.8x
Sun, 07 Sep 2025R134.0bR182.1bR12.1b7.8x11.1x0.7x
Tue, 05 Aug 2025R131.5bR183.3bR11.3b8.1x11.6x0.7x
Thu, 03 Jul 2025R133.9bR183.3bR11.3b8.1x11.8x0.7x
Sat, 31 May 2025R140.3bR182.2bR11.5b8.8x12.2x0.8x
Mon, 28 Apr 2025R129.2bR180.7bR10.6b8.6x12.2x0.7x
Wed, 26 Mar 2025R124.5bR180.7bR10.6b8.4x11.7x0.7x
Fri, 21 Feb 2025R127.3bR182.3bR10.6b9.1x12x0.7x
Sun, 19 Jan 2025R135.4bR182.3bR10.6b9.7x12.8x0.7x
Tue, 17 Dec 2024R139.2bR182.3bR10.6b10.9x13.1x0.8x
Thu, 14 Nov 2024R127.3bR181.7bR9.5b11.6x13.4x0.7x
Sat, 12 Oct 2024R128.5bR181.4bR9.4b11.6x13.7x0.7x
Mon, 09 Sep 2024R118.6bR179.6bR8.7b11.1x13.7x0.7x
Wed, 07 Aug 2024R112.8bR194.1bR8.8b10x12.9x0.6x
Fri, 05 Jul 2024R116.1bR180.7bR9.0b10.3x12.9x0.6x
Sun, 02 Jun 2024R100.8bR180.1bR8.6b9.6x11.7x0.6x
Tue, 30 Apr 2024R102.8bR180.2bR8.1b9.2x12.7x0.6x
Thu, 28 Mar 2024R103.9bR180.2bR8.1b9x12.8x0.6x
Sat, 24 Feb 2024R101.6bR178.0bR7.3b10.2x13.9x0.6x
Mon, 22 Jan 2024R97.8bR193.9bR6.0b10.5x16.2x0.5x
Wed, 20 Dec 2023R98.0bR193.9bR6.0b10.4x16.3x0.5x
Fri, 17 Nov 2023R93.2bR192.1bR7.2b9.6x13x0.5x
Sun, 15 Oct 2023R87.7bR192.1bR7.2b9.2x12.2x0.5x
Tue, 12 Sep 2023R91.6bR191.9bR7.3b9.3x12.6x0.5x
Thu, 10 Aug 2023R91.5bR190.5bR7.4b9.2x12.3x0.5x
Sat, 08 Jul 2023R91.2bR190.5bR7.4b9.4x12.3x0.5x
Mon, 05 Jun 2023R84.2bR171.1bR6.4b9.3x13.1x0.5x
Wed, 03 May 2023R95.8bR167.0bR6.9b10.4x13.9x0.6x
Fri, 31 Mar 2023R90.7bR167.0bR6.9b10.4x13.1x0.5x
Price to Earnings Ratio

13.1x


Total Market Cap: R90.7bTotal Earnings: R6.9bTotal Revenue: R167.0bTotal Market Cap vs Earnings and Revenue0%0%0%
South African Packaged Foods and Meats Industry Price to Earnings3Y Average 13.7x202420252026
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 11.4x which is lower than its 3-year average PE of 13.7x.
  • The industry is trading close to its 3-year average PS ratio of 0.68x.
Past Earnings Growth
  • The earnings for companies in the Packaged Foods and Meats industry have grown 23% per year over the last three years.
  • Revenues for these companies have grown 2.8% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

ZA Market-4.48%
Consumer Staples-0.58%
Food-2.08%
Packaged Foods and Meats-2.08%
Agricultural Products0%0
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 GroupR57.293.8%
+R249.1m		2.0%PE10.2x
LBR Libstar HoldingsR4.858.0%
+R188.2m		48.3%PE32x
RBO Rainbow ChickenR6.990.9%
+R53.9m		125.5%PE6.8x

Latest News

TBS
R284.40
Tiger Brands
7D
-3.5%
1Y
7.5%
LBR
R4.85
Libstar Holdings
7D
8.0%
1Y
48.3%
QFH
R9.50
Quantum Foods Holdings
7D
-14.3%
1Y
19.2%
RFG
R24.26
RFG Holdings
7D
-3.0%
1Y
31.8%
RBO
R6.99
Rainbow Chicken
7D
0.9%
1Y
125.5%
ARL
R249.25
Astral Foods
7D
-4.3%
1Y
55.4%

ARL: Internal Finance Appointment And Unchanged Assumptions Will Support Balanced Outlook

Analysts have maintained their ZAR265.00 price target for Astral Foods, indicating that their current assumptions on discount rate, revenue growth, profit margin and future P/E are effectively unchanged. What's in the News Astral Foods appointed Mr. Henry Enslin CA(SA) as acting CFO for February 2026, with the role specified as not being a board directorship.
AVI
R102.48
AVI
7D
-2.2%
1Y
14.1%

AVI: Higher Margin Outlook Will Support Stronger Intrinsic Upside

The latest update lifts analysts' fair value estimate for AVI from ZAR107.60 to ZAR121.20. This reflects refreshed assumptions around discount rates, revenue growth, profit margins and a slightly lower future P/E multiple.
SHG
R9.35
Sea Harvest Group
7D
-1.0%
1Y
34.5%
RCL
R8.73
RCL Foods
7D
-5.1%
1Y
-9.1%
PMR
R169.50
Premier Group
7D
-3.0%
1Y
34.4%
OCE
R57.29
Oceana Group
7D
3.8%
1Y
2.0%