What Foodco National Foodstuff PJSC's (ADX:FNF) P/S Is Not Telling You
May 04
Emirati (ADX) Consumer Staples Sector Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies9
- 7D3.3%
- 3M2.7%
- 1Y-0.6%
- YTD-1.1%
In the last week, the Consumer Staples industry is up 3.3%, with Ghitha Holding P.J.S.C up 4.6%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 13% annually.
Sector Valuation and Performance
Has the Emirati Consumer Staples Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | د.إ27.8b | د.إ16.3b | د.إ4.0b | 13.3x | 7x | 1.7x |
| Tue, 16 Apr 2024 | د.إ21.3b | د.إ12.2b | د.إ950.0m | 15.3x | 22.4x | 1.7x |
| Thu, 14 Mar 2024 | د.إ21.0b | د.إ11.8b | د.إ970.4m | 13.8x | 21.6x | 1.8x |
| Sat, 10 Feb 2024 | د.إ20.5b | د.إ11.6b | د.إ978.8m | 24.9x | 20.9x | 1.8x |
| Mon, 08 Jan 2024 | د.إ22.6b | د.إ12.0b | د.إ1.2b | 20.9x | 18.5x | 1.9x |
| Wed, 06 Dec 2023 | د.إ21.9b | د.إ12.0b | د.إ1.2b | 21.3x | 17.9x | 1.8x |
| Fri, 03 Nov 2023 | د.إ21.2b | د.إ11.3b | د.إ1.1b | 26.3x | 18.8x | 1.9x |
| Sun, 01 Oct 2023 | د.إ23.1b | د.إ11.3b | د.إ1.1b | 27.4x | 20.5x | 2.1x |
| Tue, 29 Aug 2023 | د.إ23.5b | د.إ11.2b | د.إ1.1b | 27.4x | 20.5x | 2.1x |
| Thu, 27 Jul 2023 | د.إ24.0b | د.إ10.2b | د.إ1.2b | 17.4x | 20.7x | 2.4x |
| Sat, 24 Jun 2023 | د.إ22.9b | د.إ10.2b | د.إ1.2b | 17.4x | 19.7x | 2.3x |
| Mon, 22 May 2023 | د.إ22.9b | د.إ10.2b | د.إ1.2b | 18.4x | 19.7x | 2.3x |
| Wed, 19 Apr 2023 | د.إ21.8b | د.إ10.0b | د.إ1.2b | 21.7x | 18.7x | 2.2x |
| Fri, 17 Mar 2023 | د.إ31.7b | د.إ10.1b | د.إ1.2b | 22x | 26.9x | 3.2x |
| Sun, 12 Feb 2023 | د.إ30.1b | د.إ10.0b | د.إ1.2b | 21.4x | 24.8x | 3x |
| Tue, 10 Jan 2023 | د.إ28.7b | د.إ9.4b | د.إ1.1b | 21.4x | 27x | 3.1x |
| Thu, 08 Dec 2022 | د.إ29.2b | د.إ9.4b | د.إ1.1b | 18.9x | 27.4x | 3.1x |
| Sat, 05 Nov 2022 | د.إ30.6b | د.إ7.2b | د.إ561.6m | 23.6x | 54.5x | 4.3x |
| Mon, 03 Oct 2022 | د.إ31.7b | د.إ6.7b | د.إ531.3m | 19x | 59.7x | 4.8x |
| Wed, 31 Aug 2022 | د.إ34.7b | د.إ6.7b | د.إ531.3m | 19.7x | 65.3x | 5.2x |
| Fri, 29 Jul 2022 | د.إ34.7b | د.إ5.7b | د.إ466.1m | 27.6x | 74.3x | 6.1x |
| Sun, 26 Jun 2022 | د.إ24.4b | د.إ5.7b | د.إ466.1m | 27.6x | 52.3x | 4.3x |
| Tue, 24 May 2022 | د.إ28.2b | د.إ5.6b | د.إ466.1m | 25.8x | 60.5x | 5x |
| Thu, 21 Apr 2022 | د.إ397.4b | د.إ33.7b | د.إ7.8b | 27.6x | 50.8x | 11.8x |
| Sat, 19 Mar 2022 | د.إ353.4b | د.إ25.9b | د.إ6.4b | 27.6x | 55.5x | 13.6x |
| Mon, 14 Feb 2022 | د.إ315.8b | د.إ25.4b | د.إ6.3b | 31.4x | 50.3x | 12.4x |
| Wed, 12 Jan 2022 | د.إ286.5b | د.إ25.3b | د.إ6.3b | 30.1x | 45.7x | 11.3x |
| Fri, 10 Dec 2021 | د.إ286.8b | د.إ25.0b | د.إ6.2b | 33.9x | 45.9x | 11.5x |
| Sun, 07 Nov 2021 | د.إ277.6b | د.إ18.9b | د.إ5.1b | 32.3x | 54.6x | 14.7x |
| Tue, 05 Oct 2021 | د.إ276.6b | د.إ18.6b | د.إ5.0b | 56.6x | 55.4x | 14.9x |
| Thu, 02 Sep 2021 | د.إ277.5b | د.إ18.8b | د.إ5.0b | 41.8x | 55.5x | 14.8x |
| Sat, 31 Jul 2021 | د.إ249.9b | د.إ18.8b | د.إ5.0b | 32.9x | 50x | 13.3x |
Price to Earnings Ratio
41.7x
Current Industry PE
- Investors are pessimistic on the Emirian Consumer Staples 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 7.0x which is lower than its 3-year average PE of 36.7x.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
- The earnings for companies in the Consumer Staples industry have declined 3.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.8% 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 Trends
Which industries have driven the changes within the Emirati Consumer Staples sector?
| AE Market | -0.81% | |
| Consumer Staples | 3.29% | |
| Food | 5.04% | |
| Food and Staples Retail | 3.02% | |
| Tobacco | 0% | |
| Household Products | 0% | |
| Personal Products | 0% | |
| Beverage | -0.38% | |
Industry PE
- Investors are most optimistic about the Beverage industry which is trading above its 3-year average PE ratio of 98.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Food and Staples Retail industry, which is trading below its 3-year average of 37.6x.
Forecasted Growth
- Analysts are most optimistic on the Food industry, expecting annual earnings growth of 13% over the next 5 years.
- However this is lower than its past earnings growth rate of 75% per year.
- In contrast, the Food industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GHITHA Ghitha Holding P.J.S.C | د.إ38.70 | 4.6% +د.إ410.7m | -4.5% | PE3.4x | |
| DRC Dubai Refreshment (P.J.S.C.) | د.إ23.00 | 15.0% +د.إ270.0m | 25.0% | PE5.8x | |
| AGTHIA Agthia Group PJSC | د.إ5.53 | 5.7% +د.إ249.3m | 26.2% | PE15.8x | |
| FNF Foodco National Foodstuff PJSC | د.إ1.24 | 3.3% +د.إ11.2m | -36.1% | PS7.5x |
