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May 07
Australian (ASX) Packaged Foods and Meats Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies25
- 7D2.3%
- 3M0.4%
- 1Y8.6%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has risen 2.3%, driven by gains from Bega Cheese of 7.5%. During this same period, the Live Verdure underperformed, falling 27%. This means that the industry has gained 8.6% over the past year. As for the next few years, earnings are expected to grow by 48% per annum.
Industry Valuation and Performance
Has the Australian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$5.4b | AU$9.7b | -AU$436,749,797.27 | 14.2x | -12.4x | 0.6x |
| Fri, 05 Apr 2024 | AU$5.3b | AU$9.7b | -AU$436,746,678.19 | 14.8x | -12.2x | 0.5x |
| Sun, 03 Mar 2024 | AU$5.1b | AU$9.7b | -AU$420,170,772.27 | 14.9x | -12.1x | 0.5x |
| Tue, 30 Jan 2024 | AU$8.0b | AU$11.9b | -AU$514,965,663.00 | 25.5x | -15.5x | 0.7x |
| Thu, 28 Dec 2023 | AU$7.7b | AU$11.9b | -AU$514,120,771.00 | 24.3x | -15x | 0.7x |
| Sat, 25 Nov 2023 | AU$7.4b | AU$11.8b | -AU$536,345,847.00 | 26.7x | -13.7x | 0.6x |
| Mon, 23 Oct 2023 | AU$7.2b | AU$11.8b | -AU$380,217,640.00 | 29.6x | -18.9x | 0.6x |
| Wed, 20 Sep 2023 | AU$7.1b | AU$11.8b | -AU$378,882,732.00 | 26.2x | -18.8x | 0.6x |
| Fri, 18 Aug 2023 | AU$7.4b | AU$11.6b | -AU$97,791,181.00 | 19.6x | -75.2x | 0.6x |
| Sun, 16 Jul 2023 | AU$7.1b | AU$11.3b | -AU$145,949,587.00 | 20.3x | -48.9x | 0.6x |
| Tue, 13 Jun 2023 | AU$7.0b | AU$11.2b | -AU$149,896,680.00 | 20.3x | -46.4x | 0.6x |
| Thu, 11 May 2023 | AU$7.3b | AU$11.1b | AU$10.8m | 15.8x | 675.1x | 0.7x |
| Sat, 08 Apr 2023 | AU$7.4b | AU$11.1b | AU$10.9m | 15.8x | 681.7x | 0.7x |
| Mon, 06 Mar 2023 | AU$7.2b | AU$11.0b | AU$9.5m | 16.5x | 759.9x | 0.7x |
| Wed, 01 Feb 2023 | AU$7.5b | AU$10.8b | AU$84.3m | 11.1x | 88.5x | 0.7x |
| Fri, 30 Dec 2022 | AU$7.4b | AU$10.8b | AU$84.8m | 13.3x | 87.1x | 0.7x |
| Sun, 27 Nov 2022 | AU$7.3b | AU$10.6b | AU$86.1m | 12x | 84.8x | 0.7x |
| Tue, 25 Oct 2022 | AU$7.0b | AU$10.5b | AU$128.2m | 12.9x | 54.8x | 0.7x |
| Thu, 22 Sep 2022 | AU$7.5b | AU$10.4b | AU$127.4m | 15.7x | 58.8x | 0.7x |
| Sat, 20 Aug 2022 | AU$7.8b | AU$10.2b | AU$232.2m | 13x | 33.6x | 0.8x |
| Mon, 18 Jul 2022 | AU$7.3b | AU$10.2b | AU$220.4m | 11.7x | 33.2x | 0.7x |
| Wed, 15 Jun 2022 | AU$7.6b | AU$9.9b | AU$196.1m | 15x | 38.5x | 0.8x |
| Fri, 13 May 2022 | AU$8.0b | AU$9.8b | AU$192.2m | 18x | 41.6x | 0.8x |
| Sun, 10 Apr 2022 | AU$8.0b | AU$9.8b | AU$191.6m | 17.3x | 41.7x | 0.8x |
| Tue, 08 Mar 2022 | AU$7.9b | AU$9.8b | AU$191.6m | 17.3x | 41.3x | 0.8x |
| Thu, 03 Feb 2022 | AU$8.5b | AU$8.8b | AU$177.2m | 19.8x | 47.8x | 1x |
| Sat, 01 Jan 2022 | AU$8.7b | AU$8.8b | AU$177.0m | 19x | 49.3x | 1x |
| Mon, 29 Nov 2021 | AU$9.0b | AU$9.1b | AU$46.2m | 19x | 193.7x | 1x |
| Wed, 27 Oct 2021 | AU$9.3b | AU$9.3b | -AU$16,165,996.00 | 21.5x | -573.7x | 1x |
| Fri, 24 Sep 2021 | AU$9.1b | AU$9.3b | -AU$16,117,195.00 | 19.8x | -565x | 1x |
| Sun, 22 Aug 2021 | AU$7.8b | AU$6.5b | -AU$131,973,065.41 | 19.2x | -59.3x | 1.2x |
| Fri, 09 Jul 2021 | AU$7.0b | AU$6.4b | -AU$126,496,622.41 | 19.5x | -55.4x | 1.1x |
Price to Earnings Ratio
-66.3x
Current Industry PE
- Investors are pessimistic on the Australian Packaged Foods and Meats 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
- The earnings for companies in the Packaged Foods and Meats industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 17% 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 caused losses to expand.
Industry Comparison
How does Australian Packaged Foods and Meats compare with similar industries?
| AU Market | 1.62% | |
| Consumer Staples | -2.13% | |
| Food | 1.03% | |
| Packaged Foods and Meats | 2.35% | |
| Agricultural Products | -1.50% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BGA Bega Cheese | AU$4.42 | 6.5% +AU$82.3m | 14.8% | PS0.4x | |
| ING Inghams Group | AU$3.82 | 2.7% +AU$37.2m | 26.9% | PE13.3x | |
| CBO Cobram Estate Olives | AU$1.88 | 4.2% +AU$31.3m | 42.0% | PE75.3x | |
| SGLLV Ricegrowers | AU$6.89 | 2.8% +AU$12.2m | 10.2% | PE6.8x | |
| AAC Australian Agricultural | AU$1.36 | 0.7% +AU$6.0m | -11.4% | PS2.6x |
