Here's What To Make Of Almarai's (TADAWUL:2280) Decelerating Rates Of Return
May 30
Saudi Arabian (Tadawul) Food Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies22
- 7D-3.1%
- 3M-10.8%
- 1Y2.2%
- YTD0.9%
Over the last 7 days, the Food industry has dropped 3.1%, driven by a pullback from Almarai of 2.8%. In contrast, Balady Poultry has gained 6.6%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Saudi Arabian Food Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.س119.4b | ر.س61.9b | ر.س4.3b | 24.8x | 27.9x | 1.9x |
| Sat, 27 Apr 2024 | ر.س129.3b | ر.س61.5b | ر.س4.3b | 25.8x | 30.3x | 2.1x |
| Mon, 25 Mar 2024 | ر.س131.0b | ر.س60.2b | ر.س4.1b | 31.9x | 31.8x | 2.2x |
| Wed, 21 Feb 2024 | ر.س125.9b | ر.س60.0b | ر.س4.0b | 30.1x | 31.6x | 2.1x |
| Fri, 19 Jan 2024 | ر.س118.3b | ر.س59.9b | ر.س3.8b | 26.8x | 30.8x | 2x |
| Sun, 17 Dec 2023 | ر.س106.3b | ر.س59.9b | ر.س3.8b | 24.9x | 27.7x | 1.8x |
| Tue, 14 Nov 2023 | ر.س101.3b | ر.س59.9b | ر.س3.7b | 24.1x | 27.2x | 1.7x |
| Thu, 12 Oct 2023 | ر.س108.9b | ر.س60.3b | ر.س3.7b | 25.2x | 29.6x | 1.8x |
| Sat, 09 Sep 2023 | ر.س113.3b | ر.س60.3b | ر.س3.7b | 28.2x | 30.9x | 1.9x |
| Mon, 07 Aug 2023 | ر.س120.9b | ر.س61.1b | ر.س3.8b | 28.8x | 31.6x | 2x |
| Wed, 05 Jul 2023 | ر.س120.4b | ر.س60.6b | ر.س3.7b | 32.6x | 33x | 2x |
| Fri, 02 Jun 2023 | ر.س103.4b | ر.س59.4b | ر.س3.4b | 31.9x | 30.2x | 1.7x |
| Sun, 30 Apr 2023 | ر.س102.9b | ر.س59.0b | ر.س3.3b | 35.2x | 31.6x | 1.7x |
| Tue, 28 Mar 2023 | ر.س93.9b | ر.س57.9b | ر.س2.2b | 35.1x | 41.8x | 1.6x |
| Thu, 23 Feb 2023 | ر.س91.8b | ر.س58.2b | ر.س2.2b | 42.8x | 41.1x | 1.6x |
| Sat, 21 Jan 2023 | ر.س94.1b | ر.س57.4b | ر.س2.1b | 45.1x | 44x | 1.6x |
| Mon, 19 Dec 2022 | ر.س87.7b | ر.س57.0b | ر.س2.1b | 51.9x | 42x | 1.5x |
| Wed, 16 Nov 2022 | ر.س92.4b | ر.س57.0b | ر.س2.1b | 55.4x | 44.4x | 1.6x |
| Fri, 14 Oct 2022 | ر.س92.8b | ر.س55.5b | ر.س2.0b | 60x | 46.4x | 1.7x |
| Sun, 11 Sep 2022 | ر.س90.2b | ر.س54.7b | ر.س1.9b | 48.5x | 46.7x | 1.7x |
| Tue, 09 Aug 2022 | ر.س92.7b | ر.س53.2b | ر.س1.9b | 52.1x | 49.9x | 1.7x |
| Thu, 07 Jul 2022 | ر.س89.0b | ر.س52.6b | ر.س1.8b | 45.7x | 48.9x | 1.7x |
| Sat, 04 Jun 2022 | ر.س94.5b | ر.س52.6b | ر.س1.8b | 55.2x | 52.1x | 1.8x |
| Mon, 02 May 2022 | ر.س94.4b | ر.س50.8b | ر.س1.7b | 75.9x | 56.5x | 1.9x |
| Wed, 30 Mar 2022 | ر.س92.5b | ر.س49.8b | ر.س1.6b | 75.3x | 57.1x | 1.9x |
| Fri, 25 Feb 2022 | ر.س90.9b | ر.س49.6b | ر.س1.8b | 74x | 49.6x | 1.8x |
| Sun, 23 Jan 2022 | ر.س94.0b | ر.س47.5b | ر.س2.2b | 37.4x | 42.3x | 2x |
| Tue, 21 Dec 2021 | ر.س91.0b | ر.س47.5b | ر.س2.2b | 33.4x | 40.8x | 1.9x |
| Thu, 18 Nov 2021 | ر.س95.9b | ر.س47.5b | ر.س2.2b | 35.5x | 43x | 2x |
| Sat, 16 Oct 2021 | ر.س100.4b | ر.س45.9b | ر.س2.4b | 33.2x | 41.8x | 2.2x |
| Mon, 13 Sep 2021 | ر.س108.2b | ر.س45.8b | ر.س2.6b | 32.3x | 41.4x | 2.4x |
| Wed, 11 Aug 2021 | ر.س108.1b | ر.س45.8b | ر.س2.6b | 32x | 41.4x | 2.4x |
| Sun, 06 Jun 2021 | ر.س105.0b | ر.س44.8b | ر.س3.1b | 38x | 33.6x | 2.3x |
Price to Earnings Ratio
33.6x
Current Industry PE
- Investors are pessimistic on the Saudi Food 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 27.9x which is lower than its 3-year average PE of 39.6x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Food industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Saudi Arabian Consumer Staples industry?
| SA Market | -3.43% | |
| Consumer Staples | -2.76% | |
| Food | -3.12% | |
| Packaged Foods and Meats | -2.97% | |
| Agricultural Products | -4.26% | |
Industry PE
- Investors are most optimistic about the Agricultural Products industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 10.6%, which is lower than the prior year's growth of 33.8% per year.
- Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading below its 3-year average of 34.8x.
Forecasted Growth
- Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 14% over the next 5 years.
- This is better than its past earnings growth rate of 11% per year.
- In contrast, the Agricultural Products industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| 9559 Balady Poultry | ر.س301.80 | 2.7% +ر.س51.2m | 115.9% | PE23.8x | |
| 9556 Nofoth Food Products | ر.س19.30 | 4.3% +ر.س38.4m | 126.5% | PE24.3x | |
| 2270 Saudia Dairy & Foodstuff | ر.س338.00 | 0.2% +ر.س19.2m | 8.0% | PE22.9x | |
| 4080 Sinad Holding | ر.س12.82 | 0.2% +ر.س2.5m | -1.1% | PS1x | |
| 9536 Arabian Food and Dairy Factories | ر.س80.20 | 0.3% +ر.س282.0k | -32.0% | PE18.7x |
