M. Dias Branco S.A. Indústria e Comércio de Alimentos (BVMF:MDIA3) Analysts Are Cutting Their Estimates: Here's What You Need To Know
May 14
Brazilian (BOVESPA) Food Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies14
- 7D9.6%
- 3M19.8%
- 1Y42.4%
- YTD14.6%
In the last week, the Food industry is up 9.6%, with JBS up 19%. In the last 12 months, the industry was up 42%. As for the next few years, earnings are expected to grow by 42% per annum.
Industry Valuation and Performance
Has the Brazilian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | R$153.4b | R$613.5b | R$4.2b | 12.3x | 36.7x | 0.3x |
| Tue, 16 Apr 2024 | R$135.4b | R$610.8b | -R$561,519,000.00 | 10.1x | -241.2x | 0.2x |
| Thu, 14 Mar 2024 | R$134.3b | R$614.1b | -R$2,884,476,000.00 | 10.3x | -46.5x | 0.2x |
| Sat, 10 Feb 2024 | R$128.0b | R$601.0b | -R$4,079,340,000.00 | 9.2x | -31.4x | 0.2x |
| Mon, 08 Jan 2024 | R$129.6b | R$602.7b | -R$3,848,941,000.00 | 9.9x | -33.7x | 0.2x |
| Wed, 06 Dec 2023 | R$134.2b | R$602.7b | -R$3,848,941,000.00 | 9.7x | -34.9x | 0.2x |
| Fri, 03 Nov 2023 | R$116.4b | R$610.0b | R$4.0b | 9.3x | 29.3x | 0.2x |
| Sun, 01 Oct 2023 | R$111.5b | R$609.8b | R$4.0b | 10x | 27.7x | 0.2x |
| Tue, 29 Aug 2023 | R$113.1b | R$609.6b | R$3.8b | 10.7x | 29.7x | 0.2x |
| Thu, 27 Jul 2023 | R$110.3b | R$615.1b | R$14.2b | 9.1x | 7.8x | 0.2x |
| Sat, 24 Jun 2023 | R$107.2b | R$614.9b | R$14.4b | 8.2x | 7.5x | 0.2x |
| Mon, 22 May 2023 | R$100.3b | R$614.6b | R$14.4b | 8.1x | 6.9x | 0.2x |
| Wed, 19 Apr 2023 | R$91.7b | R$607.0b | R$21.6b | 7.8x | 4.2x | 0.2x |
| Fri, 17 Mar 2023 | R$100.9b | R$610.3b | R$25.8b | 9.7x | 3.9x | 0.2x |
| Sun, 12 Feb 2023 | R$100.9b | R$595.3b | R$29.0b | 9.4x | 3.5x | 0.2x |
| Tue, 10 Jan 2023 | R$107.3b | R$594.8b | R$29.2b | 6.4x | 3.7x | 0.2x |
| Thu, 08 Dec 2022 | R$107.0b | R$594.8b | R$29.2b | 6.9x | 3.7x | 0.2x |
| Sat, 05 Nov 2022 | R$131.1b | R$572.0b | R$34.1b | 7.7x | 3.8x | 0.2x |
| Mon, 03 Oct 2022 | R$125.0b | R$571.5b | R$34.1b | 6.7x | 3.7x | 0.2x |
| Wed, 31 Aug 2022 | R$145.8b | R$571.4b | R$34.1b | 7.7x | 4.3x | 0.3x |
| Fri, 29 Jul 2022 | R$146.9b | R$547.6b | R$32.2b | 7.7x | 4.6x | 0.3x |
| Sun, 26 Jun 2022 | R$143.8b | R$547.5b | R$32.2b | 8.3x | 4.5x | 0.3x |
| Tue, 24 May 2022 | R$153.0b | R$547.0b | R$32.0b | 9.1x | 4.8x | 0.3x |
| Thu, 21 Apr 2022 | R$166.8b | R$521.8b | R$30.0b | 10.6x | 5.6x | 0.3x |
| Sat, 19 Mar 2022 | R$170.2b | R$499.9b | R$27.6b | 11.2x | 6.2x | 0.3x |
| Mon, 14 Feb 2022 | R$167.7b | R$490.6b | R$27.6b | 12x | 6.1x | 0.3x |
| Wed, 12 Jan 2022 | R$162.3b | R$489.8b | R$27.6b | 11.4x | 5.9x | 0.3x |
| Fri, 10 Dec 2021 | R$158.0b | R$489.8b | R$27.6b | 12.1x | 5.7x | 0.3x |
| Sun, 07 Nov 2021 | R$184.0b | R$462.6b | R$23.5b | 12.3x | 7.8x | 0.4x |
| Tue, 05 Oct 2021 | R$181.1b | R$455.5b | R$22.5b | 12.2x | 8x | 0.4x |
| Thu, 02 Sep 2021 | R$156.5b | R$455.4b | R$22.5b | 11.4x | 6.9x | 0.3x |
| Sat, 31 Jul 2021 | R$161.8b | R$455.4b | R$22.5b | 11.4x | 7.2x | 0.4x |
Price to Earnings Ratio
7.3x
Current Industry PE
- Investors are optimistic on the Brazilian Food industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.7x which is higher than its 3-year average PE of -4.9x.
- The industry is trading close to its 3-year average PS ratio of 0.25x.
Past Earnings Growth
- The earnings for companies in the Food industry have declined 42% per year over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 Brazilian Consumer Staples industry?
| BR Market | 0.32% | |
| Consumer Staples | 4.54% | |
| Food | 9.59% | |
| Packaged Foods and Meats | 11.15% | |
| Agricultural Products | -0.70% | |
Industry PE
- Investors are most optimistic about the Packaged Foods and Meats industry which is trading above its 3-year average PE ratio of 2.1x.
- Analysts are expecting annual earnings growth of 45.5%, which is higher than its past year's earnings decline of 23.5% per year.
- Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.3x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 45% over the next 5 years.
- This is better than its past earnings decline of 23% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 18% 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 | |
|---|---|---|---|---|---|
| JBSS3 JBS | R$29.19 | 18.6% +R$10.1b | 71.7% | PE31.8x | |
| BRFS3 BRF | R$19.36 | 5.7% +R$1.7b | 136.4% | PS0.6x | |
| MRFG3 Marfrig Global Foods | R$11.52 | 15.8% +R$1.5b | 66.7% | PS0.08x | |
| MDIA3 M. Dias Branco Indústria e Comércio de Alimentos | R$35.57 | 3.9% +R$443.9m | -10.7% | PE12.3x | |
| BEEF3 Minerva | R$6.87 | 8.4% +R$311.0m | -32.6% | PE9.6x |
