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Food Empire Holdings Limited
(SGX:F03)
Food Empire Holdings Limited (F03) vs. iShares MSCI Singapore ETF (EWS)
Food Empire Holdings Limited Business Overview & Revenue Model
Food Empire Holdings Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 476.35M | 425.71M | 398.36M | 320.07M | 272.97M |
| Gross Profit | 144.39M | 141.45M | 118.84M | 93.66M | 104.65M |
| EBITDA | 81.11M | 79.30M | 61.34M | 34.00M | 40.12M |
| Net Income | 52.53M | 56.51M | 60.10M | 19.50M | 26.79M |
Balance Sheet | |||||
| Total Assets | 460.08M | 402.90M | 381.50M | 340.04M | 312.64M |
| Cash, Cash Equivalents and Short-Term Investments | 130.85M | 131.94M | 125.60M | 60.56M | 69.04M |
| Total Debt | 82.85M | 41.10M | 44.62M | 53.32M | 58.13M |
| Total Liabilities | 163.99M | 108.41M | 105.90M | 113.48M | 95.68M |
| Stockholders Equity | 293.82M | 295.64M | 276.70M | 227.72M | 218.02M |
Cash Flow | |||||
| Free Cash Flow | 1.09M | 38.06M | 58.64M | 8.02M | 21.34M |
| Operating Cash Flow | 25.52M | 50.58M | 72.83M | 14.67M | 33.35M |
| Investing Cash Flow | -18.34M | -12.37M | 18.98M | -5.80M | -11.08M |
| Financing Cash Flow | -5.74M | -31.54M | -26.22M | -17.01M | -7.92M |
Food Empire Holdings Limited Technical Analysis
Food Empire Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | S$1.30B | 17.99 | 17.74% | 2.50% | 11.26% | -7.30% | |
66 Neutral | £10.46B | 8.44 | 3.35% | 302.87% | -1.42% | 18.13% | |
| ― | $426.32M | 11.53 | 12.79% | 5.15% | ― | ― | |
| ― | €274.76M | 6.90 | 4.76% | 9.38% | ― | ― | |
| ― | €837.98M | 7.86 | 14.25% | 3.37% | ― | ― | |
72 Outperform | S$502.53M | 5.33 | 7.94% | 9.11% | -4.59% | 74.87% | |
71 Outperform | S$497.61M | 14.34 | 7.04% | 5.62% | 1.20% | 26.15% |
Food Empire Holdings Limited Corporate Events
Food Empire Holdings Limited has been awarded the ‘Champion’ title in the Leadership for Good category at the Brands for Good Awards 2025, marking the first time it has achieved this top honor. This recognition underscores the company’s significant social impact and commitment to sustainable and ethical business practices. The award highlights Food Empire’s dedication to integrating profit with purpose, as evidenced by initiatives like the Food Empire Food Science & Technology Bursary and community engagement activities such as hosting an indoor skydiving event for children with cancer. This accolade enhances Food Empire’s reputation as a leader in purpose-driven leadership and sets a new benchmark for social responsibility in the industry.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has been recognized as a ‘Company of Good’ at the 2025 Company of Good Conferment, organized by the National Volunteer & Philanthropy Centre in Singapore. This recognition highlights the company’s commitment to corporate social responsibility and sustainable practices, marking its first entry into this esteemed group. The conferment celebrates businesses that integrate purpose into their operations, emphasizing leadership, engagement, and value creation, which is pivotal for Food Empire’s industry positioning and stakeholder relations.
The most recent analyst rating on (SG:F03) stock is a Hold with a S$1.10 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings and Capital A Berhad have announced a strategic partnership to co-develop and launch a new range of ready-to-drink beverages, starting with a Vietnamese iced coffee product. This product will be available on AirAsia flights and through retail channels across the region, aiming to meet modern lifestyle trends with healthier options.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has announced the transfer of 105,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer slightly reduces the company’s treasury shares from 4.150% to 4.129% of the total outstanding ordinary shares, indicating a strategic move to incentivize employees and potentially enhance shareholder value.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has announced a US$37 million investment to expand its spray-dried soluble coffee manufacturing facility in Andhra Pradesh, India, increasing its capacity by about 60%. This expansion is part of the company’s vertical integration strategy to enhance control over the coffee processing cycle, supporting the growth of its branded consumer business. The project is expected to begin in the fourth quarter of 2025 and complete by the end of 2027. The company aims to strengthen its position as a leading player in the Asian soluble coffee market, with additional plans for a freeze-dried coffee facility in Vietnam and a coffee-mix production facility in Kazakhstan.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has entered into a second supplemental agreement to amend the terms of its 5.5% redeemable exchangeable notes issuance, aiming to reclassify the notes under a ‘fixed-for-fixed’ accounting classification. This change is intended to align the accounting treatment with the economic substance of the notes, reducing earnings volatility and better representing the company’s operational and financial performance. An independent financial adviser confirmed that these amendments do not confer any advantage to the note holders.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has been included in the 2025 Fortune Southeast Asia 500 list, marking its first appearance among the region’s largest companies by revenue. This inclusion highlights the company’s strategic growth in Southeast Asia, supported by a robust expansion pipeline including new production facilities in Kazakhstan and Vietnam, which are expected to enhance its operational capabilities and market presence.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has announced the transfer of 60,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer slightly reduces the company’s treasury shares, impacting the percentage of treasury shares against total outstanding ordinary shares, which decreased from 4.162% to 4.150%. This move reflects the company’s ongoing commitment to incentivize its employees, potentially enhancing employee engagement and aligning their interests with those of shareholders.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.95 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited held its 2025 Annual General Meeting at Four Points by Sheraton Singapore, where the Group CEO presented a business update and financial performance. The meeting included electronic polling for resolutions, with the Chairman acting as a proxy for shareholders, indicating a structured approach to shareholder engagement.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.98 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited held its 2025 Extraordinary General Meeting, where the main agenda was the renewal of the share buyback mandate. The resolution, which allows the company to repurchase its shares, was proposed and seconded during the meeting, with voting conducted electronically. This move is expected to impact the company’s capital management strategy and potentially influence shareholder value.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.98 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited announced a strong start to FY2025 with a 16.3% increase in revenue, reaching US$136.6 million in the first quarter. The growth was driven by a significant surge in sales from Vietnam and a dynamic pricing strategy to mitigate inflationary pressures and rising costs. The company’s Asia-centric strategy and regional investments are expected to sustain its positive outlook, with minimal exposure to the US market.
The most recent analyst rating on (SG:F03) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Food Empire Holdings Limited stock, see the SG:F03 Stock Forecast page.
Food Empire Holdings Limited has announced the transfer of 210,000 treasury shares as part of its Employees’ Share Option Schemes. This transfer, valued at S$188,463.78, slightly reduces the percentage of treasury shares against the total number of ordinary shares outstanding, reflecting the company’s ongoing commitment to employee incentives and potentially impacting shareholder value.