Here's What To Make Of Almarai's (TADAWUL:2280) Decelerating Rates Of Return
May 30
Saudi Arabian (Tadawul) Packaged Foods and Meats Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies15
- 7D-3.0%
- 3M-11.4%
- 1Y3.9%
- YTDn/a
Over the last 7 days, the Packaged Foods and Meats industry has dropped 3.0%, driven by a pullback from Almarai of 2.8%. In contrast, Balady Poultry has gained 6.6%. This takes the industry's 12 month performance to a gain of 3.9%. As for the next few years, earnings are expected to grow by 14% per annum.
Industry Valuation and Performance
Has the Saudi Arabian Packaged Foods and Meats Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ر.س105.6b | ر.س57.7b | ر.س3.8b | 24.6x | 27.9x | 1.8x |
| Sat, 27 Apr 2024 | ر.س115.1b | ر.س57.5b | ر.س3.8b | 26.3x | 30.2x | 2x |
| Mon, 25 Mar 2024 | ر.س116.3b | ر.س56.2b | ر.س3.7b | 30.1x | 31.9x | 2.1x |
| Wed, 21 Feb 2024 | ر.س117.8b | ر.س56.0b | ر.س3.6b | 31.2x | 32.6x | 2.1x |
| Fri, 19 Jan 2024 | ر.س111.1b | ر.س56.0b | ر.س3.5b | 29.1x | 32x | 2x |
| Sun, 17 Dec 2023 | ر.س99.5b | ر.س56.0b | ر.س3.5b | 25.6x | 28.7x | 1.8x |
| Tue, 14 Nov 2023 | ر.س95.4b | ر.س56.0b | ر.س3.5b | 23.9x | 27.4x | 1.7x |
| Thu, 12 Oct 2023 | ر.س100.5b | ر.س56.6b | ر.س3.5b | 23.8x | 28.8x | 1.8x |
| Sat, 09 Sep 2023 | ر.س104.5b | ر.س56.5b | ر.س3.5b | 27.2x | 30.1x | 1.8x |
| Mon, 07 Aug 2023 | ر.س112.0b | ر.س57.3b | ر.س3.6b | 29.4x | 30.8x | 2x |
| Wed, 05 Jul 2023 | ر.س112.0b | ر.س56.9b | ر.س3.5b | 32.6x | 32.1x | 2x |
| Fri, 02 Jun 2023 | ر.س95.6b | ر.س55.8b | ر.س3.3b | 31.8x | 29.3x | 1.7x |
| Sun, 30 Apr 2023 | ر.س95.3b | ر.س55.5b | ر.س3.1b | 38.5x | 30.6x | 1.7x |
| Tue, 28 Mar 2023 | ر.س86.8b | ر.س54.6b | ر.س2.4b | 36.6x | 36.1x | 1.6x |
| Thu, 23 Feb 2023 | ر.س85.1b | ر.س54.8b | ر.س2.4b | 47.7x | 35.6x | 1.6x |
| Sat, 21 Jan 2023 | ر.س87.7b | ر.س54.1b | ر.س2.3b | 50.7x | 38.1x | 1.6x |
| Mon, 19 Dec 2022 | ر.س82.2b | ر.س53.9b | ر.س2.3b | 51.9x | 36.2x | 1.5x |
| Wed, 16 Nov 2022 | ر.س86.1b | ر.س53.9b | ر.س2.3b | 55.4x | 37.8x | 1.6x |
| Fri, 14 Oct 2022 | ر.س86.3b | ر.س52.5b | ر.س2.2b | 60x | 38.6x | 1.6x |
| Sun, 11 Sep 2022 | ر.س83.1b | ر.س51.7b | ر.س2.2b | 46.4x | 38x | 1.6x |
| Tue, 09 Aug 2022 | ر.س85.1b | ر.س50.4b | ر.س2.2b | 36.6x | 39.2x | 1.7x |
| Thu, 07 Jul 2022 | ر.س82.0b | ر.س49.8b | ر.س2.1b | 35.1x | 38.5x | 1.6x |
| Sat, 04 Jun 2022 | ر.س86.7b | ر.س49.7b | ر.س2.1b | 34.3x | 40.8x | 1.7x |
| Mon, 02 May 2022 | ر.س86.4b | ر.س48.0b | ر.س2.0b | 35.1x | 43.3x | 1.8x |
| Wed, 30 Mar 2022 | ر.س84.3b | ر.س47.1b | ر.س2.0b | 56.9x | 43.1x | 1.8x |
| Fri, 25 Feb 2022 | ر.س82.7b | ر.س46.9b | ر.س2.0b | 57.2x | 41.9x | 1.8x |
| Sun, 23 Jan 2022 | ر.س84.9b | ر.س44.8b | ر.س2.4b | 34.2x | 35.9x | 1.9x |
| Tue, 21 Dec 2021 | ر.س82.1b | ر.س44.7b | ر.س2.4b | 32.1x | 34.6x | 1.8x |
| Thu, 18 Nov 2021 | ر.س86.9b | ر.س44.8b | ر.س2.4b | 32.5x | 36.7x | 1.9x |
| Sat, 16 Oct 2021 | ر.س90.4b | ر.س43.2b | ر.س2.6b | 29.2x | 35x | 2.1x |
| Mon, 13 Sep 2021 | ر.س97.2b | ر.س43.1b | ر.س2.8b | 31.5x | 34.8x | 2.3x |
| Wed, 11 Aug 2021 | ر.س97.2b | ر.س43.1b | ر.س2.8b | 31.9x | 34.8x | 2.3x |
| Sun, 06 Jun 2021 | ر.س93.7b | ر.س42.0b | ر.س3.1b | 26.1x | 30x | 2.2x |
Price to Earnings Ratio
30x
Current Industry PE
- Investors are pessimistic on the Saudi Packaged Foods and Meats 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 34.8x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Packaged Foods and Meats industry have grown 6.6% 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 Comparison
How does Saudi Arabian Packaged Foods and Meats compare with similar industries?
| SA Market | -3.43% | |
| Consumer Staples | -2.76% | |
| Food | -3.12% | |
| Packaged Foods and Meats | -2.97% | |
| Agricultural Products | -4.26% | |
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 | |
|---|---|---|---|---|---|
| 9559 Balady Poultry | ر.س308.80 | 6.6% +ر.س126.1m | 120.6% | PE24.4x | |
| 9556 Nofoth Food Products | ر.س19.28 | 4.7% +ر.س41.3m | 126.3% | PE24.2x | |
| 6050 Saudi Fisheries | ر.س23.34 | 1.5% +ر.س13.6m | -26.9% | PS18.8x | |
| 9515 Fesh Fash Snack Food Production | ر.س16.40 | 1.9% +ر.س3.4m | 4.5% | PE72.9x |
