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 3.80 - 24.2% 25%   13% -9%
Danone DANOY OTC Consumer Non-Durables Food - Major Diversified USD 16.55 - 14.4% 17%   8% -11%
Dean Foods DF NYSE Consumer Non-Durables Milk & Dairy Products USD 0.80 74 M -85.7% 104%   4% -87%
Fonterra Shareholders' Fund FTRRF OTC Consumer Non-Durables Milk & Dairy Products USD 2.64 - -16.2% 42%   12% -37%
General Mills GIS NYSE Consumer Non-Durables Food - Major Diversified USD 52.56 32 B 23.4% 20%   11% -17%
Glanbia plc GLAPF OTC Consumer Non-Durables Food - Major Diversified USD 12.70 - -25.5% 40%   11% -49%
Grupo LALA, S.A.B GRPBF OTC Consumer Non-Durables Milk & Dairy Products USD 0.98 - 15.8% 40%   18% -31%
Nestle S.A. NSRGY OTC Consumer Non-Durables Food - Major Diversified USD 105.28 - 28.2% 14%   8% -10%
Reckitt Benckiser RBGLY OTC Consumer Non-Durables Cosmetics & Personal Care USD 15.30 - -6.2% 23%   8% -15%
Saputo SAPIF OTC Consumer Non-Durables Milk & Dairy Products USD 30.60 - 4.0% 21%   7% -19%