F

Food Empire Holdings Ltd
SGX:F03

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Food Empire Holdings Ltd
SGX:F03
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Price: 1.38 SGD 2.22% Market Closed
Market Cap: 759.2m SGD

Relative Value

The Relative Value of one F03 stock under the Base Case scenario is 1.02 SGD. Compared to the current market price of 1.38 SGD, Food Empire Holdings Ltd is Overvalued by 26%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

F03 Relative Value
Base Case
1.02 SGD
Overvaluation 26%
Relative Value
Price
F
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
33
vs Industry
45
Median 3Y
0.9
Median 5Y
0.9
Industry
0.9
Forward
1.1
vs History
31
vs Industry
60
Median 3Y
7.3
Median 5Y
7.7
Industry
15.8
Forward
10.5
vs History
7
vs Industry
42
Median 3Y
12.2
Median 5Y
10.2
Industry
9.8
vs History
69
vs Industry
35
Median 3Y
17.4
Median 5Y
14.2
Industry
17.4
vs History
12
vs Industry
47
Median 3Y
1.4
Median 5Y
1.3
Industry
1.5
vs History
30
vs Industry
61
Median 3Y
0.7
Median 5Y
0.7
Industry
1.1
Forward
0.9
vs History
17
vs Industry
72
Median 3Y
2.4
Median 5Y
2.4
Industry
4.7
vs History
31
vs Industry
66
Median 3Y
4.5
Median 5Y
4.6
Industry
9.9
Forward
6.5
vs History
39
vs Industry
65
Median 3Y
5.3
Median 5Y
5.6
Industry
12.7
Forward
7.2
vs History
7
vs Industry
54
Median 3Y
10.3
Median 5Y
8.9
Industry
10.8
vs History
0
vs Industry
43
Median 3Y
18.2
Median 5Y
13.4
Industry
15
vs History
25
vs Industry
38
Median 3Y
1.3
Median 5Y
1.2
Industry
1.1

Multiples Across Competitors

F03 Competitors Multiples
Food Empire Holdings Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Food Empire Holdings Ltd
SGX:F03
726.1m SGD 1.1 10.3 6.2 7.4
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
235.9B CHF 2.6 21.7 14.6 17.9
US
Mondelez International Inc
NASDAQ:MDLZ
85B USD 2.3 18.4 12.4 14.8
FR
Danone SA
PAR:BN
46.3B EUR 1.7 23 11 14.6
ZA
Tiger Brands Ltd
JSE:TBS
41.1B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.3B USD 1.4 12.9 8.4 9.9
US
Hershey Co
NYSE:HSY
33.8B USD 3 15.2 11.1 12.8
US
General Mills Inc
NYSE:GIS
32.4B USD 1.6 12.4 10.1 11.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
222.3B CNY 8.4 36.4 30.7 30.7
ZA
Avi Ltd
JSE:AVI
30B Zac 0 0 0 0
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
F
Food Empire Holdings Ltd
SGX:F03
Average EV/EBITDA: 20 738.6
6.2
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.6
3%
4.9
US
Mondelez International Inc
NASDAQ:MDLZ
12.4
2%
6.2
FR
Danone SA
PAR:BN
11
5%
2.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
4%
2.1
US
Hershey Co
NYSE:HSY
11.1
-2%
N/A
US
General Mills Inc
NYSE:GIS
10.1
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
18%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
F
Food Empire Holdings Ltd
SGX:F03
Average EV/EBIT: 35 378.2
7.4
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.9
3%
6
US
Mondelez International Inc
NASDAQ:MDLZ
14.8
-2%
N/A
FR
Danone SA
PAR:BN
14.6
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.9
0%
N/A
US
Hershey Co
NYSE:HSY
12.8
-10%
N/A
US
General Mills Inc
NYSE:GIS
11.6
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
14%
2.2
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A