ABF LSE Week ended 31 Jul 2026

Weekly Investor Report

Associated British Foods plc · Consumer Defensive · Packaged Foods

Latest close 2,087 GBP
4.6% latest week
Weekly setup

Constructive, but selective

The weekly trend is active. Price is 9.2% above the Trend Line and sits at 56.9% of its 52-week range. The latest completed week returned 4.6%, after a 6.6% four-week move. The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers. The latest news-sentiment score is 48/100.

Setup score 50 out of 100
Latest Close 2,087 GBP 31 Jul 2026
1W Return 4.6% latest completed week
4W Return 6.6% short-term follow-through
12W Return 14.7% quarterly tape
Trend Breadth 28.8% 15 of 52 weeks active
Volume Ratio 1.0x vs 13-week average
What is working
  • The trend backdrop is active with a 1-week active streak.
  • Price is above the Trend Line, keeping the weekly tape constructive.
  • Activity pressure is positive on the latest completed week.
What could go wrong
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • Activity pressure is weak, so confirmation is not yet broad enough.
What to watch next
  • Trend Line remains the key weekly regime level.
  • Activity pressure is the gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
01 · Price action

Where price is—and whether the trend supports it

The weekly trend is active. Price is 9.2% above the Trend Line and sits at 56.9% of its 52-week range. The latest completed week returned 4.6%, after a 6.6% four-week move.

Study the full chart

52-week price path

Price vs Trend Line and Fair Value
Price Trend Line Fair Value
02 · Volume and demand

Is real participation confirming the move?

Latest weekly volume is 1.0x the 13-week average. Participation is around or above normal and provides reasonable confirmation.

26-week volume confirmation

Bar height shows volume; colour shows the weekly price direction
30 Jan 6 Feb 13 Feb 20 Feb 27 Feb 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun 19 Jun 26 Jun 3 Jul 10 Jul 17 Jul 24 Jul 31 Jul
Up week Down week
Demand beneath price

Activity pressure and institutional-style signals

These indicators assess whether participation is improving beneath the headline price move. They are supporting evidence, not proof of institutional buying.

Activity pressure path

Latest 0.3512-week average 0.25

12-week confirmation

Trend active1/12Active trend-backdrop weeks in the latest 12-week window.
Positive pressure9/12Weeks with constructive activity pressure in the latest 12-week window.
Positive leadership0/12Weeks with positive relative leadership in the latest 12-week window.
Activity pressure0.35Current proprietary activity-pressure read.
Buy signals1Accumulation signal count in the latest 12 weeks.
Reversal markers0No reversal markers

No recent accumulation markers. No reversal markers.

03 · Momentum and leadership

Is performance persistent—and is the stock leading?

Performance is 6.6% over four weeks, 14.7% over 12 weeks, and -6.7% over one year. The current trend has remained active for 1 consecutive weeks.

Performance by holding period

1W4.6%
4W6.6%
12W14.7%
26W11.1%
52W-6.7%
Active trend streak1 weeks
Active weeks in one year15
Trend breadth28.8%

Activity pressure vs relative leadership

Activity pressureRelative leadership
Pressure1.22Latest activity-pressure read.
Pressure change28.6%Four-week change in activity pressure.
Leadership-5.20Latest relative-leadership reading.
RS change53.4%Four-week change in relative leadership.
04 · Fundamentals and valuation

What investors are paying for—and the quality behind it

The latest factor snapshot indicates quality ranks weakly versus its universe; growth ranks weakly; valuation is inexpensive relative to peers.

Open full factor analysis
Factor week 26 Jul 2026 Financial statements through 28 Feb 2026 Field coverage 91% Model confidence 83%

Relative factor standing

Higher display scores are better. Each score is converted from the underlying universe rank, where rank 1 is best.

Overall factor strength53/100Blend of value, momentum, and quality. Underlying universe rank 48; rank 1 is best.
Value92/100Relative valuation strength. Underlying universe rank 9; rank 1 is best.
Quality11/100Profitability and accounting quality. Underlying universe rank 90; rank 1 is best.
Momentum11/100Medium-term price momentum. Underlying universe rank 90; rank 1 is best.
Growth4/100Revenue and earnings growth. Underlying universe rank 97; rank 1 is best.
How to read this

Quality and valuation are separate questions

A strong company can still carry a demanding valuation. This report shows profitability, growth, balance-sheet strength, and the price paid for those characteristics separately.

Value-quality framework57/100Value and quality alignment from the Sharemaestro SVQF framework.

Valuation

How much investors are paying for earnings, sales, and cash flow.

P/E
13.6x
Price divided by trailing earnings.
Price / sales
0.7x
Market value relative to trailing revenue.
EV / EBITDA
6.5x
Enterprise value relative to operating cash earnings.
Free-cash-flow yield
5.8%
Free cash flow as a share of enterprise value.

Business quality

Margins and the return generated on invested capital.

Gross margin
23.9%
Gross profit retained from each unit of revenue.
Operating margin
8.1%
Operating profit retained from revenue.
Free-cash-flow margin
5.1%
Free cash flow generated from revenue.
Return on invested capital
8.2%
Operating return generated on invested capital.

Growth and financial strength

Recent business growth and accounting strength.

Revenue growth
-3.1%
Latest one-year revenue growth.
EPS growth
-26.8%
Latest one-year earnings-per-share growth.
Free-cash-flow growth
-41.0%
Latest one-year free-cash-flow growth.
Piotroski F-score
5/9
Nine-point accounting-strength checklist.

Shareholder return and balance sheet

Cash returned to owners and financial leverage.

Dividend yield
3.2%
Cash dividends relative to market value.
Buyback yield
4.5%
Net share repurchases relative to market value.
Shareholder yield
7.7%
Dividend yield plus net buyback yield.
Net debt / EBITDA
1.1x
Balance-sheet debt relative to operating cash earnings.
05 · Ownership, options, and sentiment

What other market participants are doing

Options, insider transactions, market sentiment, and activity-pressure signals can confirm or challenge the price story. None should be used alone.

Insider activity-

No recent insider transactions are stored for this company.

News sentiment48/100

Weighted news tone is neutral across 30 relevant articles.

3 positive · 23 neutral · 4 negative
Patient CapitalRecent

Activity-pressure buy-signal evidence highlights potential institutional accumulation windows.

Recent buy signal in the last 8 weeks
06 · Catalysts and risk

What can move the shares—and how volatile the path has been

Event timing, options-implied movement, drawdown, and weekly return distribution frame the risk around the current setup.

Next earnings-No event is currently stored.
Options expected move-Nearest-chain priced movement where available.
52-week drawdown-11.5%Distance below the 52-week high.
13-week volatility2.7%Standard deviation of weekly returns.

Weekly gains and losses

Latest 26 completed weeks

Each bar is one week. Gains rise above the zero line; losses fall below it. Taller bars mean a larger weekly move.

Weeks higher14 of 2612 weeks finished lower.
Best week+5.0%Week of 26 Jun.
Worst week-5.8%Week of 13 Mar.
Latest week+4.6%Week of 31 Jul.

Shape of recent returns

Strong gains3
Modest gains11
Flat weeks0
Modest losses10
Sharp losses2
Recent vol2.7%13-week weekly-return volatility.
Base vol3.6%52-week weekly-return volatility.
Up/down split29/23Count of positive and negative weeks in the 52-week window.
Average skew2.3% / -3.0%Average positive week versus average negative week.
07 · Sector and peer context

Is this stock leading—or simply moving with its group?

Sector and industry breadth distinguish company-specific strength from a broad group move.

08 · Evidence and weekly data

The underlying research record

Every top-level statement above should be traceable to a stored market, fundamental, event, or positioning observation.

WeekCloseReturnTrend LineFair ValuePressureLeadershipVolumeTrend
31 Jul 20262,087 GBP4.6%1,910 GBP2,152 GBP1.22-5.204.0MOn
24 Jul 20261,996 GBP-2.8%1,911 GBP2,152 GBP1.27-8.703.6MOff
17 Jul 20262,052 GBP3.2%1,916 GBP2,153 GBP1.24-5.424.0MOff
10 Jul 20261,988 GBP1.6%1,917 GBP2,153 GBP1.12-7.784.7MOff
3 Jul 20261,957 GBP-1.1%1,921 GBP2,153 GBP0.95-11.149.4MOff
26 Jun 20261,978 GBP5.0%1,927 GBP2,153 GBP0.57-9.161.4MOff
19 Jun 20261,885 GBP-3.1%1,932 GBP2,153 GBP0.33-12.633.5MOff
12 Jun 20261,946 GBP4.4%1,941 GBP2,153 GBP0.05-11.14986.0KOff
5 Jun 20261,864 GBP2.3%1,951 GBP2,153 GBP-0.13-14.41935.8KOff
29 May 20261,822 GBP-0.8%1,966 GBP2,153 GBP-0.21-17.106.2MOff
22 May 20261,836 GBP2.3%1,981 GBP2,153 GBP-0.21-17.412.4MOff
15 May 20261,794 GBP-1.4%1,995 GBP2,153 GBP0.02-17.626.3MOff
8 May 20261,820 GBP-0.7%2,006 GBP2,154 GBP0.07-17.283.3MOff
1 May 20261,833 GBP-0.5%2,015 GBP2,155 GBP0.10-18.194.8MOff
How to use this report

This is a completed-week research summary. It explains the available evidence and its conflicts; it does not predict a guaranteed outcome or replace your own risk assessment. Fundamental figures may refer to an earlier financial reporting period, which is shown above.