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 [asset ticker="DANOY" mnemonic="OTC"]) and Lactalis (private), Switzerland’s Nestle [asset ticker="NSRGY" mnemonic="OTC"]), and China’s Mengniu Dairy [asset ticker="CIADF" mnemonic="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 [asset ticker="FTRRF" mnemonic="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%)

Read our notes

Milk in Global Markets • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Momentum Vol. Risk Contrib. MDD
 
China Mengniu Dairy CIADF OTC Consumer Non-Durables Milk & Dairy Products USD 5.75 - 47.4% Neutral 28%   3% -17%
Danone DANOY OTC Consumer Non-Durables Food - Major Diversified USD 13.92 - 3.8% Neutral 23%   1% -23%
Dean Foods DFODQ OTC Consumer Non-Durables Milk & Dairy Products USD 0.04 3.6 M -64.2% Sharp Down 140%   43% -81%
Fonterra Shareholders' Fund FTRRF OTC Consumer Non-Durables Milk & Dairy Products USD 2.45 - 7.7% Weak Up 5%   -0% 0%
General Mills GIS NYSE Consumer Non-Durables Food - Major Diversified USD 60.14 37 B 0.2% Neutral 21%   2% -16%
Glanbia plc GLAPF OTC Consumer Non-Durables Food - Major Diversified USD 17.25 - 43.7% Strong Up 38%   2% -20%
Grupo LALA, S.A.B GRPBF OTC Consumer Non-Durables Milk & Dairy Products USD 0.77 - 42.5% Strong Up 142%   43% -35%
Nestlé (ADR) NSRGY OTC Consumer Non-Durables Food - Major Diversified USD 125.31 - 14.4% Strong Up 15%   2% -14%
Reckitt Benckiser RBGLY OTC Consumer Non-Durables Cosmetics & Personal Care USD 18.03 - 3.4% Neutral 22%   3% -19%
Saputo SAPIF OTC Consumer Non-Durables Milk & Dairy Products USD 29.40 - 24.0% Weak Down 28%   2% -16%