Clean Seas Seafood Limited's (ASX:CSS) Share Price Could Signal Some Risk
May 07
Australian (ASX) Food Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies35
- 7D1.0%
- 3M-4.2%
- 1Y4.3%
- YTD2.5%
Over the last 7 days, the Food industry has remained flat, although notably Bega Cheese gained 7.5%. In line with that, the industry has also been flat over the past 12 months. Looking forward, earnings are forecast to grow by 40% annually.
Industry Valuation and Performance
Has the Australian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$8.1b | AU$15.0b | -AU$460,868,255.27 | 15.1x | -17.6x | 0.5x |
| Fri, 05 Apr 2024 | AU$8.4b | AU$15.0b | -AU$460,865,136.19 | 16.8x | -18.2x | 0.6x |
| Sun, 03 Mar 2024 | AU$8.1b | AU$15.0b | -AU$444,289,230.27 | 17.2x | -18.2x | 0.5x |
| Tue, 30 Jan 2024 | AU$12.4b | AU$18.5b | -AU$499,335,484.00 | 20.8x | -24.9x | 0.7x |
| Thu, 28 Dec 2023 | AU$11.9b | AU$18.5b | -AU$498,490,592.00 | 20.9x | -24x | 0.6x |
| Sat, 25 Nov 2023 | AU$11.5b | AU$18.4b | -AU$516,599,570.00 | 22.9x | -22.2x | 0.6x |
| Mon, 23 Oct 2023 | AU$11.2b | AU$18.7b | -AU$319,866,363.00 | 23x | -34.9x | 0.6x |
| Wed, 20 Sep 2023 | AU$11.0b | AU$18.7b | -AU$317,019,634.00 | 22.3x | -34.6x | 0.6x |
| Fri, 18 Aug 2023 | AU$11.6b | AU$18.4b | -AU$22,908,891.00 | 20x | -508.1x | 0.6x |
| Sun, 16 Jul 2023 | AU$11.4b | AU$18.1b | -AU$72,086,297.00 | 33x | -157.8x | 0.6x |
| Tue, 13 Jun 2023 | AU$10.7b | AU$18.0b | -AU$76,033,390.00 | 28.6x | -141.3x | 0.6x |
| Thu, 11 May 2023 | AU$11.3b | AU$17.8b | AU$227.6m | 26.8x | 49.7x | 0.6x |
| Sat, 08 Apr 2023 | AU$11.5b | AU$17.8b | AU$227.7m | 26.2x | 50.5x | 0.6x |
| Mon, 06 Mar 2023 | AU$11.4b | AU$17.7b | AU$226.3m | 27.5x | 50.4x | 0.6x |
| Wed, 01 Feb 2023 | AU$11.8b | AU$17.2b | AU$328.4m | 12.8x | 35.9x | 0.7x |
| Fri, 30 Dec 2022 | AU$11.6b | AU$17.2b | AU$328.1m | 14x | 35.4x | 0.7x |
| Sun, 27 Nov 2022 | AU$11.8b | AU$17.0b | AU$329.3m | 13.3x | 35.7x | 0.7x |
| Tue, 25 Oct 2022 | AU$11.8b | AU$16.4b | AU$397.7m | 15.8x | 29.7x | 0.7x |
| Thu, 22 Sep 2022 | AU$12.5b | AU$16.4b | AU$397.7m | 15.7x | 31.4x | 0.8x |
| Sat, 20 Aug 2022 | AU$12.7b | AU$16.1b | AU$512.1m | 14.5x | 24.8x | 0.8x |
| Mon, 18 Jul 2022 | AU$12.0b | AU$16.0b | AU$495.2m | 13.3x | 24.3x | 0.8x |
| Wed, 15 Jun 2022 | AU$12.5b | AU$15.7b | AU$470.9m | 13.6x | 26.6x | 0.8x |
| Fri, 13 May 2022 | AU$13.4b | AU$15.2b | AU$439.0m | 16.3x | 30.6x | 0.9x |
| Sun, 10 Apr 2022 | AU$13.3b | AU$15.2b | AU$438.3m | 15.6x | 30.4x | 0.9x |
| Tue, 08 Mar 2022 | AU$12.8b | AU$15.2b | AU$438.4m | 15.1x | 29.1x | 0.8x |
| Thu, 03 Feb 2022 | AU$13.3b | AU$14.0b | AU$428.8m | 18.6x | 31.1x | 1x |
| Sat, 01 Jan 2022 | AU$13.9b | AU$14.0b | AU$428.7m | 19.2x | 32.5x | 1x |
| Mon, 29 Nov 2021 | AU$14.0b | AU$14.4b | AU$297.3m | 18.6x | 47.2x | 1x |
| Wed, 27 Oct 2021 | AU$14.5b | AU$14.3b | AU$211.8m | 21.1x | 68.6x | 1x |
| Fri, 24 Sep 2021 | AU$14.7b | AU$14.3b | AU$211.5m | 19.2x | 69.4x | 1x |
| Sun, 22 Aug 2021 | AU$13.2b | AU$11.5b | AU$95.6m | 18.9x | 137.9x | 1.1x |
| Fri, 09 Jul 2021 | AU$12.0b | AU$11.5b | AU$101.1m | 18.2x | 118.7x | 1x |
Price to Earnings Ratio
103.6x
Current Industry PE
- Investors are pessimistic on the Australian Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.77x.
Past Earnings Growth
- Total earnings for the Food industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 10% 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 Australian Consumer Staples industry?
| AU Market | 1.62% | |
| Consumer Staples | -2.13% | |
| Food | 1.03% | |
| Packaged Foods and Meats | 2.35% | |
| Agricultural Products | -1.50% | |
Industry PE
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 48% over the next 5 years.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| BGA Bega Cheese | AU$4.45 | 7.5% +AU$94.5m | 14.7% | PS0.4x | |
| ING Inghams Group | AU$3.79 | 3.0% +AU$40.9m | 26.3% | PE13.2x | |
| SGLLV Ricegrowers | AU$6.95 | 6.8% +AU$28.3m | 11.6% | PE6.9x | |
| CBO Cobram Estate Olives | AU$1.88 | 1.1% +AU$8.3m | 40.8% | PE75.5x | |
| LGL Lynch Group Holdings | AU$1.49 | 3.5% +AU$6.1m | -15.6% | PS0.5x |
