Milk in Global Markets

Milk in Global Markets
  • Pininvest Analysis

Milk is one of the more attractive growth markets from a long-term perspective, in terms of per capita consumption

Because  co-operatives ensure a large part of the production, the top five players - France’s Danone DANOY/OTC) and Lactalis (private), Switzerland’s Nestle NSRGY/OTC), and China’s Mengniu Dairy CIADF/OTC) and Inner Mongolia Yili Industrial Group (600887:Shanghai) account for less than 20 percent of the retail market for dairy products worldwide

With co-operatives dominating in Northern Europe (Arla in Denmark, FrieslandCampina in the Netherlands), in India and in Australia (Fonterra FTRRF/OTC, investment opportunities are constrained, especially for Chinese milk companies seeking to diversify and to strengthen their industrial knowhow – next to Australian Burra Foods (Inner Mongolia Fuyuan Farming taking a 79% stake in 2016), listed companies on the New Zealand stock exchange have made noticeable and unusual runs in through March 2018 – A2Milk (NZX:ATM +380%) and Synlait (NZX:SML +130%)

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Milk in Global Markets • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
China Mengniu Dairy CIADF OTC Consumer Non-Durables Milk & Dairy Products USD 3.85 - 25.6% 27%   12% -12%
Danone DANOY OTC Consumer Non-Durables Food - Major Diversified USD 16.88 - 12.2% 16%   11% -15%
Dean Foods DF NYSE Consumer Non-Durables Milk & Dairy Products USD 1.18 108 M -87.2% 69%   1% -91%
Fonterra Shareholders' Fund FTRRF OTC Consumer Non-Durables Milk & Dairy Products USD 3.13 - -14.2% 17%   2% -18%
General Mills GIS NYSE Consumer Non-Durables Food - Major Diversified USD 52.46 31 B 26.9% 24%   15% -23%
Glanbia plc GLAPF OTC Consumer Non-Durables Food - Major Diversified USD 16.00 - -7.3% 24%   5% -28%
Grupo LALA, S.A.B GRPBF OTC Consumer Non-Durables Milk & Dairy Products USD 1.27 - 32.1% 36%   25% -29%
Nestle S.A. NSRGY OTC Consumer Non-Durables Food - Major Diversified USD 104.42 - 32.1% 13%   11% -8%
Reckitt Benckiser RBGLY OTC Consumer Non-Durables Cosmetics & Personal Care USD 16.50 - 1.0% 24%   10% -21%
Saputo SAPIF OTC Consumer Non-Durables Milk & Dairy Products USD 30.10 - -10.3% 23%   7% -17%